Riot Blockchain, Inc. (RIOT)

NASDAQ: RIOT · IEX Real-Time Price · USD
8.35
-0.82 (-8.94%)
At close: Aug 17, 2022 4:00 PM
8.50
+0.15 (1.80%)
After-hours: Aug 17, 2022 5:35 PM EDT
-8.94%
Market Cap 1.13B
Revenue (ttm) 308.43M
Net Income (ttm) -365.50M
Shares Out 135.35M
EPS (ttm) 0.13
PE Ratio 64.23
Forward PE 19.53
Dividend n/a
Ex-Dividend Date n/a
Volume 16,615,072
Open 8.95
Previous Close 9.17
Day's Range 8.21 - 9.00
52-Week Range 4.02 - 46.28
Beta 4.62
Analysts Buy
Price Target 18.03 (+115.9%)
Earnings Date Aug 15, 2022

About RIOT

Riot Blockchain, Inc., together with its subsidiaries, focuses on bitcoin mining operations in North America. It operates through Bitcoin Mining, Data Center Hosting, and Electrical Products and Engineering segments. As of December 31, 2021, it operated approximately 30,907 miners. Riot Blockchain, Inc. was incorporated in 2000 and is headquartered in Castle Rock, Colorado. [Read more...]

Industry Software
Founded 2000
Employees 335
Stock Exchange NASDAQ
Ticker Symbol RIOT
Full Company Profile

Financial Performance

In 2021, RIOT's revenue was $213.24 million, an increase of 1,665.11% compared to the previous year's $12.08 million. Losses were -$7.93 million, -37.46% less than in 2020.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for RIOT stock is "Buy." The 12-month stock price forecast is 18.03, which is an increase of 115.93% from the latest price.

Price Target
$18.03
(115.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Riot Blockchain Sinks 5% After Reporting Underwhelming Earnings

A top-line miss and significant noncash impairment have the crypto miner down significantly today.

Riot Blockchain, Inc. (RIOT) Reports Q2 Loss, Misses Revenue Estimates

Riot Blockchain, Inc. (RIOT) delivered earnings and revenue surprises of -725% and 5.55%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Riot Reports Second Quarter 2022 Financial Results, Current Operational and Financial Highlights

Riot Reports Q2 2022 Results, with $72.9 Million in Total Revenue, 1,395 BTC Produced, and Strengthened Financial Position Riot Reports Q2 2022 Results, with $72.9 Million in Total Revenue, 1,395 BTC Pr...

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Here is What to Know Beyond Why Riot Blockchain, Inc. (RIOT) is a Trending Stock

Recently, Zacks.com users have been paying close attention to Riot Blockchain, Inc. (RIOT). This makes it worthwhile to examine what the stock has in store.

Three Stock Lunch: Lyft, Riot Blockchain and Grid Dynamics

Fred Lane, Lane Generational founder and CEO, joins 'Power Lunch' to discuss Lane's investing take on three stocks: Lyft, Riot Blockchain and Grid Dynamics.

Other symbols: GDYNLYFT

Why Shares of Coinbase, Silvergate Capital, and Riot Blockchain Are Rising Today

Cryptocurrencies and crypto stocks are rising today.

Other symbols: COINSI

7 Growth Stocks With Multibagger Potential by 2025

While the latest positive rumblings in the stock market are encouraging, it's still not lost on investors that the S&P 500 is still down over 13% on a year-to-date basis. At the same time, opportunists ...

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The 7 Best Blockchain Stocks to Buy Now

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7 Stocks to Sell After the Fed Rate Hike in July

As soaring inflation continues to impose a dark cloud over American families, the Federal Reserve seemingly had little choice but to lift the benchmark federal funds rate, which effectively raises borro...

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Why Riot Blockchain Stock Surged 75% Higher in July

Bitcoin bounced back, and that's all that matters for this stock.

Riot Blockchain Announces July 2022 Production and Operations Updates

Riot Produces 318 Bitcoin in July 2022 While Contributing to Power Grid Stability in Texas and Further Strengthening Financial Position, Generating Estimated Power Credits of $9.5 Million Riot Produces ...

Why Riot Blockchain Trounced the Market Today

What's good for the world's top cryptocurrency is good for the company.

10 Stocks to Sell Before They Die

This article is excerpted from Tom Yeung's Profit & Protection newsletter dated July 28, 2022. To make sure you don't miss any of Tom's picks, subscribe to his mailing list here.

Is Trending Stock Riot Blockchain, Inc. (RIOT) a Buy Now?

Riot Blockchain, Inc. (RIOT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

3 Oversold Crypto Mining Stocks to Buy Now

In the world of crypto investing, Bitcoin ( BTC-USD ) is the top dog, and has remained so since its inception 13 years ago. However, crypto mining stocks have also become popular among investors in digi...

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Crypto mining stocks climb as digital asset sector undergoes a resurgence

In the last seven days, the world's most popular digital token, Bitcoin (BTC), has jumped by as much as 15%.

Other symbols: MARA

Strength Seen in Riot Blockchain, Inc. (RIOT): Can Its 11.9% Jump Turn into More Strength?

Riot Blockchain, Inc. (RIOT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength ...

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Riot Blockchain shuts down operations to support power grid in Texas

Jason Les, Riot Blockchain CEO, joins 'Power Lunch' to discuss the cost-benefit analysis for crypto mining in today's environment, conserving energy and selling it back to the grid and more.

Why Shares of Riot Blockchain, Silvergate Capital, and Hut 8 Mining Are Rising Today

Crypto stocks bounced this morning along with cryptocurrencies like Bitcoin.

Other symbols: HUTSI

Why Are Crypto Stocks COIN, RIOT, MARA, MSTR Up Today?

Ethereum's developers are preparing for a major event to take place, and crypto stocks are heading north as blockchain enthusiasts celebrate. The post Why Are Crypto Stocks COIN, RIOT, MARA, MSTR Up Today?

Other symbols: COINMARAMSTR

The future of bitcoin mining in the U.S with Riot Blockchain CEO

Riot Blockchain CEO Jason Les joins Yahoo Finance Live anchors Brian Cheung and Akiko Fujita to discuss the demand for bitcoin mining in the U.S., energy usage, and the outlook for cryptocurrency.

Is Most-Watched Stock Riot Blockchain, Inc. (RIOT) Worth Betting on Now?

Riot Blockchain, Inc. (RIOT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.