Riot Blockchain, Inc. (RIOT)
Market Cap | 2.91B |
Revenue (ttm) | 286.74M |
Net Income (ttm) | 217.99M |
Shares Out | 288.79M |
EPS (ttm) | 0.87 |
PE Ratio | 11.56 |
Forward PE | 13.16 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 15,133,948 |
Open | 10.20 |
Previous Close | 10.00 |
Day's Range | 9.95 - 10.63 |
52-Week Range | 7.80 - 20.65 |
Beta | 4.19 |
Analysts | Strong Buy |
Price Target | 17.29 (+71.87%) |
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... [Read more]
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.
Financial StatementsAnalyst 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 71.87% from the latest price.
News
Riot Platforms (RIOT) CEO on Bitcoin Halving & Energy Supplier
How has the Bitcoin halving impacted Bitcoin miners? Riot Platforms' (RIOT) CEO Jason Les joins Oliver Renick to discuss this and give an overview of the company.
Riot Announces April 2024 Production and Operations Updates
Riot Produces 375 Bitcoin in April 2024 and Provides Infrastructure Updates Riot Produces 375 Bitcoin in April 2024 and Provides Infrastructure Updates
Riot Platforms' Q1 earnings ‘further solidify our growth path'
Riot Platforms Inc is in the green at writing after reporting a surprise profit for its first financial quarter. Revenue printed at $79.3 million in Q1 – versus $95.5 million that experts had forecast...
Riot Platforms Reports First Quarter 2024 Financial Results, Current Operational and Financial Highlights
Riot Reports $79.3 Million in Total Revenue and Successful Energization of New Corsicana Facility CASTLE ROCK, Colo., May 01, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “t...
MSTR Earnings Loss & RIOT Earnings Ahead
MicroStrategy (MSTR) falls after an earnings loss. Renita Young joins Jenny Horne and Ben Lichtenstein to discuss why MicroStrategy missed on earnings.
Riot Announces First Quarter 2024 Earnings Conference Call
Castle Rock, CO, April 24, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today t...
Riot stock reiterated at ‘overweight' after Bitcoin halving 2024
Riot Platforms Inc (NASDAQ: RIOT) gained 10% today after a JPMorgan analyst issued a bullish note in its favour. What could help Riot stock moving forward?
Bitcoin ETFs an Incredible Catalyst: Riot Platforms CEO
Riot Platforms CEO Jason Les says the Bitcoin ETFs were such an incredibly positive catalyst and expects a very positive move in Bitcoin over the coming months. He speaks with Sonali Basak and Tim Ste...
Bitcoin halving: 'We're in a bullish scenario for price appreciation,' Riot Platforms CIO
Bitcoin (BTC-USD) prices are holding above $63,000 as the cryptocurrency gives up some ground on Monday. The bitcoin halving event is projected to take place this Friday, April 19, which operates to r...
Riot Announces March 2024 Production and Operations Updates
Riot Produces 425 Bitcoin in March 2024 and Provides Infrastructure Updates Riot Produces 425 Bitcoin in March 2024 and Provides Infrastructure Updates
This Analyst With 86% Accuracy Rate Sees More Than 62% Upside In Riot Platforms - Here Are 5 Stock Picks For March From Wall Street's Most Accurate Analysts
U.S. stocks closed mixed on Thursday, but recorded gains last month. For March, the S&P 500 gained 3.1%, while the Dow added 2.1%.
Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot Platforms
This strategic investment will seed the development of a pilot site, while also accelerating the long term objective of being the premier platform for turning the world's waste into fuels and power. ...
AMZN, META, MARA, RIOT: Stocks to Watch
Amazon (AMZN), Meta Platforms (META), and Bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) are today's big stocks. Stephen “Sarge” Guilfoyle and Rick Ducat discuss the technical trends...
Riot Announces February 2024 Production and Operations Updates
Riot Produces 418 Bitcoin in February 2024 and Provides Infrastructure Updates Riot Produces 418 Bitcoin in February 2024 and Provides Infrastructure Updates
Bitcoin ETF is huge for its credibility but there's more work to be done, says Riot Platforms CEO
Jason Les, Riot Platforms CEO, joins 'Power Lunch' to discuss if people are beginning to feel more comfortable with cryptocurrency, if Bitcoin ETFs are a net positive force to cryptocurrencies, and mu...
Bitcoin-related stocks, ETFs rise as the crypto approaches new record high
Bitcoin-related stocks and funds rose on Tuesday, as the cryptocurrency's price climbed above $57,000 to the highest level seen since it hit an all-time high in November 2021.
Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale Facility
Riot strengthens its self-mining operations by purchasing 31,500 WhatsMiner M60S miners from MicroBT. This strategic investment replaces underperforming machines, boosts mining efficiency, and adds ad...
Are MARA, CLSK, BITF, and RIOT stocks good buys ahead of halving?
Bitcoin mining stocks are having a great week as the coin's price has gone parabolic. Marathon Digital (MARA) shares jumped by more than 20% on Monday and is slowly nearing its highest point in Decemb...
Riot Platforms Reports Full Year 2023 Financial Results, Current Operational and Financial Highlights
Riot Reports Record Results, with $280.7 Million in Total Revenue, 6,626 Bitcoin Produced, and Record Hash Rate Capacity of 12.4 EH/s Riot Reports Record Results, with $280.7 Million in Total Revenue,...
Riot Announces January 2024 Production and Operations Updates
Riot Produces 520 Bitcoin in January 2024 and Updates Bitcoin Sales Strategy Riot Produces 520 Bitcoin in January 2024 and Updates Bitcoin Sales Strategy
Bitcoin mining stocks outlook for 2024
Bitcoin mining stocks have had a difficult start of the year, with most of them crashing by double-digits. Marathon Digital (MARA), Riot Platforms (RIOT), Bitfarms (BITF), CleanSpark (CLSK), and Ciphe...
Here's why are MARA, BETS, RIOT, HUT stocks plunging
Bitcoin mining stocks are in a freefall. Marathon Digital (MARA) stick price is on track for the third straight weekly decline even after the SEC approved a spot Bitcoin ETF.
Is it safe to buy RIOT, MARA, HUT, CIFR stocks after the BTC ETF decision?
Bitcoin mining stocks are under pressure as the spot Bitcoin drama continues. Most of them have remained in a tight range this week.
Why investors should be wary of New Year ‘head fakes' that may be pointing at this asset class
The first trading day of the New Year is setting up as a challenge to the Santa Rally theory, as stock index futures tilt south and bond yields rise.
Crypto-Related Company Stocks Jump as Digital Currency Rally Continues
Stocks related to the cryptocurrency industry advanced Wednesday as Bitcoin (BTC) and most other digital currencies continued their recent rally.