Riot Platforms, Inc. (RIOT)

Market Cap	4.04B
Revenue (ttm)	312.91M
Net Income (ttm)	12.41M
Shares Out	332.33M
EPS (ttm)	0.05
PE Ratio	239.85
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	42,271,856
Open	12.67
Previous Close	12.27
Day's Range	11.96 - 12.94
52-Week Range	6.36 - 18.75
Beta	4.08
Analysts	Strong Buy
Price Target	16.68 (+37.28%)
Earnings Date	Oct 30, 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
• Website: https://www.riotplatforms.com

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.

Analyst Forecast

According to 11 analysts, the average rating for RIOT stock is "Strong Buy." The 12-month stock price forecast is $16.68, which is an increase of 37.28% from the latest price.

Price Target

$16.68

(37.28% upside)

Analyst Consensus: Strong Buy