Riot Platforms, Inc. (RIOT)

NASDAQ: RIOT · Real-Time Price · USD
7.42
-0.21 (-2.75%)
At close: Apr 29, 2025, 4:00 PM
7.32
-0.10 (-1.35%)
After-hours: Apr 29, 2025, 7:59 PM EDT
-2.75%
Market Cap 2.60B
Revenue (ttm) 376.66M
Net Income (ttm) 109.40M
Shares Out 350.29M
EPS (ttm) 0.34
PE Ratio 21.56
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 43,890,879
Open 7.59
Previous Close 7.63
Day's Range 7.25 - 7.60
52-Week Range 6.19 - 15.87
Beta 4.60
Analysts Strong Buy
Price Target 16.40 (+121.02%)
Earnings Date May 1, 2025

About RIOT

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacturing,... [Read more]

Industry Capital Markets
Sector Financials
Founded 2000
Employees 783
Stock Exchange NASDAQ
Ticker Symbol RIOT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for RIOT stock is "Strong Buy." The 12-month stock price forecast is $16.4, which is an increase of 121.02% from the latest price.

Price Target
$16.4
(121.02% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Riot Platforms Announces Closing of the Acquisition of Rhodium Assets at the Rockdale Facility Following the Previously Announced Settlement Agreement

Acquisition immediately terminates unprofitable legacy hosting contracts with Rhodium Riot assumes Rhodium's 125 MW of power capacity and existing operating assets at the Rockdale Facility 100% of the...

1 day ago - PRNewsWire

Riot Platforms Announces $100 Million Credit Facility with Coinbase

CASTLE ROCK, Colo. , April 23, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, is pleased to announce th...

Other symbols: COIN
6 days ago - PRNewsWire

Riot Announces First Quarter 2025 Earnings Conference Call

CASTLE ROCK, Colo. , April 17, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announced today t...

12 days ago - PRNewsWire

Cryptocurrencies and Crypto-Related Stocks Rise After Trump Pauses Tariffs

The prices of cryptocurrencies and crypto-related stocks leapt Wednesday (April 9) after President Donald Trump paused the new tariffs that he had placed on more than 75 countries. As of 2:55 p.m.

Other symbols: CLSKCOINHIVEMARAMSTR
20 days ago - PYMNTS

Riot Announces March 2025 Production and Operations Updates

Riot Produces 533 Bitcoin in March 2025 CASTLE ROCK, Colo. , April 3, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bi...

26 days ago - PRNewsWire

U.S. crypto stocks slide as Trump's sweeping tariffs jolt markets

U.S. crypto stocks declined in premarket trading on Thursday after President Donald Trump's latest round of sweeping tariffs rattled investor confidence due to rising global trade tensions, sparking a...

Other symbols: COINMARAMSTR
26 days ago - Reuters

Riot Platforms Forms Death Cross As Bitcoin Volatility Adds Pressure

Riot Platforms Inc. RIOT just flashed a major warning signal, officially forming a Death Cross as its 50-day simple moving average sank below the 200-day moving average.

4 weeks ago - Benzinga

Cryptocurrencies and Crypto-Linked Stocks Slump Amid Traders' Concerns About Economy

Cryptocurrencies and crypto-linked stocks have reportedly slumped alongside the S&P 500 Index amid traders' concerns about a global trade war and a possible recession. Bitcoin has lost more than 10% o...

Other symbols: COINCORZ
4 weeks ago - PYMNTS

Riot Platforms Announces Entry into Non-Binding Term Sheet to Acquire Certain Assets of Rhodium and Settlement Agreement

Non-Binding Term Sheet Outlines Proposed Acquisition of Rhodium Assets at the Rockdale Facility and Mutual Release of All Claims CASTLE ROCK, Colo. , March 21, 2025 /PRNewswire/ -- Riot Platforms, Inc...

5 weeks ago - PRNewsWire

MSTR, MARA and RIOT Forecast – Crypto Stocks Continue to Struggle

The major crypto stocks that I watch all looking fairly weak, despite the fact that they are likely to rally a bit according to the premarket trading.

Other symbols: MSTRMARA
5 weeks ago - FXEmpire

Bitcoin Miners Ride The BTC Boom, But Costs Tell A Different Story: JPMorgan Analyst

Bitcoin BTC/USD miners just had one of their best quarters on record, but the real winners aren't just those mining the most coins – it's those keeping costs in check.

Other symbols: CIFRCLSKIRENMARA
6 weeks ago - Benzinga

Bitcoin Drop Shakes Crypto Stocks As Coinbase, Robinhood, MARA, Riot Dip: Do Traders See A Bargain?

Bitcoin's BTC/USD tumble below $80,000 sent shockwaves through crypto-related stocks on Monday, with names like Coinbase Global Inc COIN, Robinhood Markets Inc HOOD, MARA Holdings Inc MARA and Riot Pl...

Other symbols: COINHOODMARA
7 weeks ago - Benzinga

Riot Announces February 2025 Production and Operations Updates

Riot Produces 470 Bitcoin in February 2025 CASTLE ROCK, Colo. , March 4, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated...

2 months ago - PRNewsWire

Riot Platforms: Cost Of Mining Bitcoin Close To $90K, Hamper Sustainable Profitability

Riot Platforms' revenue rose to $376M, driven by Bitcoin's price surge, but Bitcoin production fell, and mining costs surged, impacting profitability. Riot's core operating income remains negative, an...

2 months ago - Seeking Alpha

Riot Platforms Posts Record Q4: Analyst Concerned About Operating Costs, Lack Of Details

Shares of Riot Platforms Inc RIOT tanked in early trading on Tuesday, despite the company reporting a revenue beat for fiscal 2024.

2 months ago - Benzinga

Riot Platforms, Inc. (RIOT) Q4 2024 Earnings Call Transcript

Riot Platforms, Inc. (NASDAQ:RIOT) Q4 2024 Earnings Conference Call February 24, 2025 4:30 PM ET Company Participants Phil McPherson - Vice President, Capital Markets & Investor Relations Jason Les -...

2 months ago - Seeking Alpha

Riot Platforms Reports Full Year 2024 Financial Results, Current Operational and Financial Highlights

Riot Reports $376.7 million in Total Revenue and Deployed Hash Rate of 31.5 EH/s CASTLE ROCK, Colo. , Feb. 24, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an in...

2 months ago - PRNewsWire

Riot Stock Stumbles Into Q4 Earnings: 70% Upside Or Bearish Breakdown?

Riot Platforms Inc RIOT will be reporting its fourth-quarter earnings on Monday. Wall Street expects 11 cents in EPS and $134.78 million in revenues as the company reports after market hours.

2 months ago - Benzinga

Riot Platforms: Recent Catalysts And Q4 Earnings Preview

RIOT's recent out-performance may be driven by a combo of no more tax loss harvesting, significant BTC purchases, and excitement around AI/HPC developments. Despite a strong balance sheet, RIOT's reli...

2 months ago - Seeking Alpha

Riot Platforms appoints new directors to board with inputs from Starboard, DE Shaw

Bitcoin miner Riot Platforms said on Wednesday it has appointed three new directors to its board after inputs from investors Starboard Value and D. E. Shaw.

2 months ago - Reuters

Riot Platforms Announces Changes to Its Board of Directors and Provides Update on Formal Evaluation of AI/HPC Uses

CASTLE ROCK, Colo.--(BUSINESS WIRE)--Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin mining, today announced the appointment of Jaime...

2 months ago - Business Wire

Riot Announces Fourth Quarter and Year-End 2024 Earnings Conference Call

CASTLE ROCK, Colo. , Feb. 10, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announced today th...

2 months ago - PRNewsWire

Riot Announces January 2025 Production and Operations Updates

Riot Produces 527 Bitcoin in January 2025 CASTLE ROCK, Colo. , Feb. 4, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated B...

3 months ago - PRNewsWire

Exclusive: D.E. Shaw takes stake in bitcoin miner Riot Platforms, sources say

Investment firm D.E. Shaw has built a position in Riot Platforms and may push it to make changes, two sources familiar with the matter said, making it the second activist shareholder to do so at the c...

3 months ago - Reuters

Cantor Fitzgerald's Brett Knoblauch on how Stargate could be a bullish opportunity for crypto miners

Brett Knoblauch, Cantor Fitzgerald head of digital asset research, joins 'Power Lunch' to discuss the energy needed to power AI in Stargate deal and the winners from it.

Other symbols: HUTIRENWULF
3 months ago - CNBC Television