Riot Blockchain, Inc. (RIOT)

Market Cap	2.82B
Revenue (ttm)	286.74M
Net Income (ttm)	217.99M
Shares Out	288.79M
EPS (ttm)	0.87
PE Ratio	11.24
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	13,918,259
Open	9.31
Previous Close	9.50
Day's Range	9.24 - 9.87
52-Week Range	7.80 - 20.65
Beta	4.19
Analysts	Strong Buy
Price Target	17.29 (+76.79%)
Earnings Date	May 1, 2024

About RIOT

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity. In addition, the company engages in the design and manufacturing of powe...

• Industry: Capital Markets
• Sector: Financials
• Founded: 2000
• Employees: 534
• Stock Exchange: NASDAQ
• Ticker Symbol: RIOT

Financial Performance

In 2023, RIOT's revenue was $280.68 million, an increase of 8.30% compared to the previous year's $259.17 million. Losses were -$49.47 million, -90.29% less than in 2022.

Analyst Forecast

According to 9 analysts, the average rating for RIOT stock is "Strong Buy." The 12-month stock price forecast is $17.29, which is an increase of 76.79% from the latest price.

Price Target

$17.29

(76.79% upside)

Analyst Consensus: Strong Buy