Riot Blockchain, Inc. (RIOT)
Market Cap | 3.10B |
Revenue (ttm) | 280.68M |
Net Income (ttm) | -49.47M |
Shares Out | 253.54M |
EPS (ttm) | -0.28 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 18,402,269 |
Open | 12.35 |
Previous Close | 12.05 |
Day's Range | 11.71 - 12.49 |
52-Week Range | 8.46 - 20.65 |
Beta | 4.28 |
Analysts | Strong Buy |
Price Target | 16.71 (+36.52%) |
Earnings Date | May 8, 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... [Read more]
Financial Performance
In 2023, RIOT'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 10 analysts, the average rating for RIOT stock is "Strong Buy." The 12-month stock price forecast is $16.71, which is an increase of 36.52% from the latest price.
News
Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot Platforms
This strategic investment will seed the development of a pilot site, while also accelerating the long term objective of being the premier platform for turning the world's waste into fuels and power. ...
AMZN, META, MARA, RIOT: Stocks to Watch
Amazon (AMZN), Meta Platforms (META), and Bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) are today's big stocks. Stephen “Sarge” Guilfoyle and Rick Ducat discuss the technical trends...
Riot Announces February 2024 Production and Operations Updates
Riot Produces 418 Bitcoin in February 2024 and Provides Infrastructure Updates Riot Produces 418 Bitcoin in February 2024 and Provides Infrastructure Updates
Bitcoin ETF is huge for its credibility but there's more work to be done, says Riot Platforms CEO
Jason Les, Riot Platforms CEO, joins 'Power Lunch' to discuss if people are beginning to feel more comfortable with cryptocurrency, if Bitcoin ETFs are a net positive force to cryptocurrencies, and mu...
Bitcoin-related stocks, ETFs rise as the crypto approaches new record high
Bitcoin-related stocks and funds rose on Tuesday, as the cryptocurrency's price climbed above $57,000 to the highest level seen since it hit an all-time high in November 2021.
Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale Facility
Riot strengthens its self-mining operations by purchasing 31,500 WhatsMiner M60S miners from MicroBT. This strategic investment replaces underperforming machines, boosts mining efficiency, and adds ad...
Are MARA, CLSK, BITF, and RIOT stocks good buys ahead of halving?
Bitcoin mining stocks are having a great week as the coin's price has gone parabolic. Marathon Digital (MARA) shares jumped by more than 20% on Monday and is slowly nearing its highest point in Decemb...
Riot Platforms Reports Full Year 2023 Financial Results, Current Operational and Financial Highlights
Riot Reports Record Results, with $280.7 Million in Total Revenue, 6,626 Bitcoin Produced, and Record Hash Rate Capacity of 12.4 EH/s Riot Reports Record Results, with $280.7 Million in Total Revenue,...
Riot Announces January 2024 Production and Operations Updates
Riot Produces 520 Bitcoin in January 2024 and Updates Bitcoin Sales Strategy Riot Produces 520 Bitcoin in January 2024 and Updates Bitcoin Sales Strategy
Bitcoin mining stocks outlook for 2024
Bitcoin mining stocks have had a difficult start of the year, with most of them crashing by double-digits. Marathon Digital (MARA), Riot Platforms (RIOT), Bitfarms (BITF), CleanSpark (CLSK), and Ciphe...
Here's why are MARA, BETS, RIOT, HUT stocks plunging
Bitcoin mining stocks are in a freefall. Marathon Digital (MARA) stick price is on track for the third straight weekly decline even after the SEC approved a spot Bitcoin ETF.
Is it safe to buy RIOT, MARA, HUT, CIFR stocks after the BTC ETF decision?
Bitcoin mining stocks are under pressure as the spot Bitcoin drama continues. Most of them have remained in a tight range this week.
Why investors should be wary of New Year ‘head fakes' that may be pointing at this asset class
The first trading day of the New Year is setting up as a challenge to the Santa Rally theory, as stock index futures tilt south and bond yields rise.
Crypto-Related Company Stocks Jump as Digital Currency Rally Continues
Stocks related to the cryptocurrency industry advanced Wednesday as Bitcoin (BTC) and most other digital currencies continued their recent rally.
Riot Announces November 2023 Production and Operations Updates
Riot Produces 552 Bitcoin in November 2023 While Expanding Hash Rate and Miners Deployed Riot Produces 552 Bitcoin in November 2023 While Expanding Hash Rate and Miners Deployed
Riot Purchases 18 EH/s and Secures Long-Term Supply of Hash Rate From MicroBT
Riot Exercises Purchase Option on 18 EH/s of Latest Generation Immersion Miners from MicroBT, and Secures Additional Purchase Options Providing a Path to Exceed 100 EH/s Riot Exercises Purchase Option...
Riot Platforms Reports Third Quarter 2023 Financial Results, Current Operational and Financial Highlights
Riot Reports $51.9 Million in Total Revenue, New All-Time Record Hash Rate Capacity of 10.9 EH/s, and Expanded Execution of Power Strategy Riot Reports $51.9 Million in Total Revenue, New All-Time Rec...
Riot Announces October 2023 Production and Operations Updates
Riot Produces 458 Bitcoin in October 2023 While Expanding Hash Rate and Miners Deployed Riot Produces 458 Bitcoin in October 2023 While Expanding Hash Rate and Miners Deployed
Bitcoin's surge gives a boost to crypto-related stocks
Shares of companies in the cryptocurrency business rallied Monday to snap losing streak, as they got a boost from bitcoin's big gain. Marathon Digital Holdings Inc.'s stock MARA, -0.90% jumped 4.4%, R...
Riot Announces September 2023 Production and Operations Updates
Riot Produces 362 Bitcoin in September 2023 While Continuing to Execute Power Strategy Riot Produces 362 Bitcoin in September 2023 While Continuing to Execute Power Strategy
Bitcoin spikes to its highest level in 2 months, leading crypto stocks higher as traders try to kick off 4th quarter rally
Bitcoin surged to a two-month high and crypto-related stocks moved higher Monday. Bitcoin hovered around $28,451 early Monday, up 4% in the last 24 hours.
MSTR, BITO, MARA, RIOT stocks soar as BTC forms inverted H&S
MicroStrategy (NASDAQ: MSTR), ProShares Bitcoin Strategy ETF (BITO), and Grayscale Bitcoin Trust (GBTC) prices drifted upwards in the pre-market session on Monday as the Bitcoin rally continued. MSTR...
Riot Responds to Recent Inquiries Regarding Its Power Strategy
Castle Rock, CO, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin mining and data center hosting, issued a statement toda...
Riot Announces August 2023 Production and Operations Updates
Riot Produces 333 Bitcoin While Realizing Expanded Benefits of Power Strategy Riot Produces 333 Bitcoin While Realizing Expanded Benefits of Power Strategy
Top 5 Tech Stocks That Are Set To Fly This Month - Marathon Digital Holdings (NASDAQ:MARA), Indie Semiconductor (NASDAQ:INDI)
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.