Riot Platforms, Inc. (RIOT)
| Market Cap | 7.13B +42.3% |
| Revenue (ttm) | 674.51M +24.5% |
| Net Income | -1.32B |
| EPS | -3.81 |
| Shares Out | 375.26M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,905,037 |
| Open | 18.83 |
| Previous Close | 18.99 |
| Day's Range | 18.12 - 19.04 |
| 52-Week Range | 11.50 - 30.32 |
| Beta | 3.85 |
| Analysts | Strong Buy |
| Price Target | 32.40 (+70.57%) |
| Earnings Date | Aug 10, 2026 |
About RIOT
Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. It operates in two segments, Bitcoin Mining and Engineering. The company offers comprehensive and critical infrastructure for bitcoin mining and data center services at its facilities. The company also designs and manufactures power distribution equipment and engineered-to-order electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale industrial and governmental custom... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 21 analysts, the average rating for RIOT stock is "Strong Buy." The 12-month stock price target is $32.4, which is an increase of 70.57% from the latest price.
News
Bitcoin, crypto shares climb after Trump pushes Clarity Act
Cryptocurrency and blockchain-related stocks surged in premarket trading on Thursday after U.S. President Donald Trump urged Congress to pass legislation establishing clear rules for the digital asse...
Riot Platforms price target raised to $22 from $20 at JPMorgan
JPMorgan raised the firm’s price target on Riot Platforms (RIOT) to $22 from $20 and keeps an Overweight rating on the shares. The company is “building momentum” with an Anthropic…
AI Daily: Anthropic, Riot Platforms in $9.1B computing deal
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly. COMPUTING…
Riot Platforms price target raised to $43 from $36 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Riot Platforms (RIOT) to $43 from $36 and keeps an Overweight rating on the shares.
Riot signs $9.1 billion Anthropic deal
Bitcoin miner Riot Platform has struck a $9 billion, 20-year compute deal with Anthropic. CNBC's Tanaya Macheel joins 'The Exchange' to discuss.
Riot Platforms strikes deal with Anthropic as bitcoin miners shift focus to AI infrastructure
The agreement is expected to generate $9.1 billion in revenue over its 20-year term. Most publicly traded bitcoin miners are increasingly valued by investors as owners of digital infrastructure rather...
This Bitcoin Miner-Turned-Data Center Operator's Stock is Jumping on a $9B Deal With Anthropic
Riot Platforms shares are surging on a deal with a big name in AI.
RIOT Stock Is ‘Worth the Wait,’ Says 5-Star BTIG Analyst Who Sees 98% Upside after $9.1B AI Deal
Riot Platforms stock ($RIOT) moved higher in early trading after signing a 20-year cloud deal with artificial intelligence firm Anthropic. 5-star analyst Gregory Lewis from BTIG kept his Buy rating…
Tuesday's Morning Movers: RKLB & HIMS Earnings, RIOT Gets Anthropic Deal
Hims & Hers (HIMS) shares struggled to find their footing after the company posted a quarterly loss despite seeing revenue and guidance rise. Sam Vadas discusses the earnings and the price action foll...
Riot Platforms Stock Surges on $9.1 Billion AI Compute Supply Deal With Anthropic
Riot Platforms, the Bitcoin miner-turned-data center operator, discloses a $9.1 billion compute supply deal with a frontier artificial-intelligence giant. That customer is Anthropic, a source familiar...
Riot Platforms stock jumps after $9.1B Anthropic AI deal revealed
Riot Platforms RIOT shares surged about 14% in premarket trading on Tuesday after a Bloomberg report identified Anthropic as the "leading frontier AI" company behind the Bitcoin miner's newly announce...
Riot Platforms price target raised to $30 from $23 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Riot Platforms (RIOT) to $30 from $23 and keeps an Overweight rating on the shares. Riot Platforms’ delayed Q2 results proved worthwhile,…
Riot Platforms price target raised to $35 from $30 at Bernstein
Bernstein raised the firm’s price target on Riot Platforms (RIOT) to $35 from $30 and keeps an Outperform rating on the shares. The firm notes Riot signed a $9.1B 20-year…
Riot Platforms Earnings Call Transcript: Q2 2026
Secured a $9.1B, 20-year lease with a leading AI lab and expanded AMD partnership, driving Q2 revenue up 14% year-over-year to $174M. Liquidity stands at $1.2B, with strong capital recycling and project financing supporting rapid data center growth.
Riot Platforms Quarterly report: Q2 2026
Riot Platforms has published its Q2 2026 quarterly earnings report on August 10, 2026.
Riot Platforms Earnings release: Q2 2026
Riot Platforms released its Q2 2026 earnings on August 10, 2026, summarizing the period's financial results.
Riot Platforms Slides: Q2 2026
Riot Platforms has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 10, 2026.
Crypto Stocks Suffer as Investors Send AI Soaring
“I felt a bit like a cave man who found fire,” Switzerland-based investor Daniel Koss said of his shift from investing in cryptocurrency to putting his money into artificial intelligence (AI), The Wal...
Riot Announces New Date for Second Quarter 2026 Earnings Conference Call
CASTLE ROCK, Colo., Aug. 09, 2026 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a leader in vertically integrated digital infrastructure specializing in the develo...
Riot Reschedules Second Quarter 2026 Earnings Conference Call
CASTLE ROCK, Colo., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a leader in vertically integrated digital infrastructure specializing in the develo...
Pioneering AI hedge fund with returns of 1000% since inception discovers the downside of leverage
AI wunderkind Leopold Aschenbrenner has reportedly asked investors for an injection of fresh capital, and offered them to opportunity to buy some of its assets directly from the fund.
Riot Announces Second Quarter 2026 Earnings Conference Call
CASTLE ROCK, Colo., July 28, 2026 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a leader in vertically integrated digital infrastructure specializing in the develo...
Bitcoin Miners Pivoting to AI Infrastructure, Energy Becoming a Scarce Asset
Christian Lopez talks about the market's electricity demand and its value as availability becomes more limited. It comes as Bitcoin miners move into AI infrastructure, something Christian believes wil...
Riot Platforms Transcript: AGM 2026
The meeting was held virtually with all directors and key executives present. Stockholders approved all proposals, including director elections, auditor ratification, executive compensation, and an equity plan amendment. No questions were submitted during the Q&A.
Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast
Bitcoin prices fell this week after cryptocurrency treasury company Strategy revealed it sold a small amount of its bitcoin holding. Traders on prediction market Kalshi think it's likely that the cryp...