Riot Platforms, Inc. (RIOT)
| Market Cap | 2.98B |
| Revenue (ttm) | 376.66M |
| Net Income (ttm) | 109.40M |
| Shares Out | 350.21M |
| EPS (ttm) | 0.34 |
| PE Ratio | 24.69 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 30,145,192 |
| Open | 8.75 |
| Previous Close | 8.72 |
| Day's Range | 8.33 - 8.83 |
| 52-Week Range | 6.36 - 15.87 |
| Beta | 4.36 |
| Analysts | Strong Buy |
| Price Target | 17.42 (+104.94%) |
| Earnings Date | Apr 30, 2025 |
About RIOT
Riot Platforms, Inc., together with its subsidiaries, a Bitcoin mining company in the United States. The company operates through two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining at Bitcoin mining facilities in Rockdale, Navarro County, Texas, and two Bitcoin mining sites in Paducah, Kentucky; and Rockdale and Corsicana Facility. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for RIOT stock is "Strong Buy." The 12-month stock price forecast is $17.42, which is an increase of 104.94% from the latest price.
News
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...
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.
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...
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...
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...
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.
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 -...
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...
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.
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...
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.
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...
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...
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...
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...
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.
Riot's AI Pivot Over Bitcoin Mining: Analyst Says 'Encouraging' Move
Riot Platforms Inc RIOT made a strategic pivot that is shaking up its future trajectory. The company announced it would pause its Bitcoin BTC/USD mining expansion at Corsicana and instead conduct a fe...
Riot Platforms Launches Formal Evaluation of Potential AI/HPC Uses for Remaining 600 MW of Power Capacity at Corsicana Facility
CASTLE ROCK, Colo.--(BUSINESS WIRE)--Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin mining, today provided an update on strategic ac...
Riot Platforms: If You Anticipate Higher For Bitcoin, How Will RIOT React? (Technical Analysis)
Our methodology uses human behavior and fractal analysis to project RIOT's likely price movements, beyond traditional technical analysis. RIOT and similar stocks typically advance in 5 waves and corre...
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.