Riot Platforms, Inc. (RIOT)
Market Cap | 4.45B |
Revenue (ttm) | 312.91M |
Net Income (ttm) | 12.41M |
Shares Out | 332.33M |
EPS (ttm) | 0.05 |
PE Ratio | 264.33 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 35,579,421 |
Open | 13.90 |
Previous Close | 13.29 |
Day's Range | 13.33 - 14.43 |
52-Week Range | 6.36 - 18.36 |
Beta | 4.22 |
Analysts | Strong Buy |
Price Target | 17.32 (+29.35%) |
Earnings Date | Feb 20, 2025 |
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 Platforms'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 12 analysts, the average rating for RIOT stock is "Strong Buy." The 12-month stock price forecast is $17.32, which is an increase of 29.35% from the latest price.
News
Buying Riot Platforms For Bitcoin Yield
Riot Platforms is the second largest public bitcoin mining company by market cap, highlighting its significant presence in the industry. The company has aggressive expansion plans to grow its hashrate...
Riot Platforms: The Bitcoin Miner Plans To Strike Gold
Cryptocurrencies surged in 2024, with Bitcoin gaining 121% due to favorable regulations and Trump's election, driving smart money into Bitcoin-related stocks like Riot Platforms. Riot Platforms signif...
Riot Announces December 2024 Production and Operations Updates
Riot Produces 516 Bitcoin in December 2024 CASTLE ROCK, Colo. , Jan. 6, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated ...
Defiance Launches RIOX, The First 2X Leveraged Single-Stock ETF on Riot Platforms, Inc.
MIAMI, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs is proud to unveil RIOX, the first 2X long ETF for Riot Platforms, Inc. RIOX seeks to provide 200% long daily targeted exposure to Riot Platforms...
Options Corner: NVDA, ALK, RIOT
It's a bull run of unusual trades on today's Options Corner. Tom White takes a look at trading examples in Nvidia (NVDA), Alaska Airlines (ALK) and Riot Platforms (RIOT).
Starboard sees an opportunity to create value at Riot Platforms amid growth in hyperscalers
Riot Platforms is in a solid position to capitalize on an opportunity to lease capacity to hyperscalers.
Riot Announces Closing of $594.4 Million Convertible Senior Notes Offering
CASTLE ROCK, Colo. , Dec. 16, 2024 /PRNewswire/ -- Riot Platforms, Inc. (Nasdaq: RIOT) ("Riot" or the "Company") today announced that it completed its previously announced offering of its 0.75% conver...
RIOT's Bullish Potential in A.I. & Crypto with New Stakeholder
Starboard Value has reportedly taken a stake in Riot Platforms (RIOT) with plans to pivot the crypto-mining company deeper into the A.I. space. It wants Riot to convert some crypto-mining facilities i...
Dow, S&P 500 slip as investors assess hot producer price index; Adobe plunges, while Riot Platform jumps
Major US equity averages fell on Thursday as investors assessed a hotter-than-expected producer price index reading for November. At the time of writing, the Dow Jones Industrial Average was down 0.2...
Riot Announces Pricing of Offering of 0.75% Convertible Senior Notes
CASTLE ROCK, Colo. , Dec. 10, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or the "Company") today announced the pricing of its offering of $525 million aggregate principal amount ...
BioAge Labs, Riot Platforms And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Monday.
Riot Platforms Announces Proposed Private Offering of $500 Million of Convertible Senior Notes
CASTLE ROCK, Colo. , Dec. 9, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or the "Company") today announced that it intends to offer, subject to market conditions and other factors...
Stock Of The Day: Sell Signal In Riot Platforms?
Riot Platforms, Inc. RIOT shares are little changed on Thursday. But that may not be the case for long.
Riot Announces November 2024 Production and Operations Updates
Riot Produces 495 Bitcoin in November 2024 CASTLE ROCK, Colo. , Dec. 3, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated ...
Top 2 crypto mining stocks to buy as analyst forecasts Bitcoin hitting $200,000
Bitcoin has celebrated the return of Donald Trump to the White House in recent weeks and the momentum is unlikely to fade anytime soon, as per BCA Research analyst Dhaval Joshi. Joshi expects BTC to e...
Crypto-Related Investments Surge on Trump Win, MicroStrategy Buy
The cryptocurrency euphoria that followed Donald Trump's victory in the U.S. presidential election continued Monday, with everything tied to the digital currency industry powering ahead.
Trump Trade boosts crypto stocks
CNBC's MacKenzie Sigalos joins CNBC's 'Halftime Report' to discuss Donald Trump's policy promises to the crypto sector and the jump in stocks pegged to digital asset prices.
Riot Announces October 2024 Production and Operations Updates
Riot Produces 505 Bitcoin in October 2024 and Increases Hash Rate Deployed to 29.4 EH/s CASTLE ROCK, Colo. , Nov. 4, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"),...
Riot Platforms, Inc. (RIOT) Q3 2024 Earnings Call Transcript
Riot Platforms, Inc. (NASDAQ:RIOT) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Phil McPherson - Vice President, Capital Markets & Investor Relations Jason Les - ...
Riot Platforms Reports Third Quarter 2024 Financial Results, Current Operational and Financial Highlights
Riot Reports $84.8 million in Total Revenue and Deployed Hash Rate of 28 EH/s CASTLE ROCK, Colo. , Oct. 30, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an indus...
MSTR Vs. RIOT Vs. COIN: Which Crypto Stock Stands Out Ahead Of Q3 Earnings?
As the cryptocurrency sector remains a rollercoaster ride for investors, three heavyweights – MicroStrategy Inc. MSTR, Riot Platforms Inc. RIOT, and Coinbase Global Inc. COIN – are gearing up to relea...
Riot Announces Third Quarter 2024 Earnings Conference Call
CASTLE ROCK, Colo., Oct. 16, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announced today tha...
Crypto stocks rally as bitcoin prices climb above $67K
Bitcoin (BTC-USD) prices have topped the $67,000 mark Wednesday — its highest since July. The jump was influenced by Vice President Harris's newly announced proposals to establish a clearer regulatory...
Bitcoin hits highest level since July, boosting other coins and crypto-related stocks
The price of bitcoin neared $68,400 on Wednesday, its highest since July. The rally sparked gains in other cryptocurrencies and related equities such as Coinbase and Marathon Digital.
Crypto Stocks Surge as Bitcoin Breaks $64,000 Mark
On Monday, cryptocurrency-related stocks saw significant gains. MicroStrategy (MSTR, Financial) rose over 8%, Riot Platforms (RIOT) increased by more than 6.7%, and Coinbase (COIN) climbed over 2.8%.