Riot Blockchain, Inc. (RIOT)

NASDAQ: RIOT · IEX Real-Time Price · USD
12.24
+0.19 (1.58%)
At close: Mar 27, 2024, 4:00 PM
12.38
+0.14 (1.14%)
Pre-market: Mar 28, 2024, 8:20 AM EDT
1.58%
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]

Sector Technology
Founded 2000
Employees 534
Stock Exchange NASDAQ
Ticker Symbol RIOT
Full Company Profile

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 Statements

Analyst 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.

Price Target
$16.71
(36.52% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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.  ...

15 days ago - PRNewsWire

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...

Other symbols: AMZNMETAMARA
20 days ago - Schwab Network

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

22 days ago - GlobeNewsWire

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...

26 days ago - CNBC Television

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.

4 weeks ago - Market Watch

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...

4 weeks ago - GlobeNewsWire

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...

Other symbols: BITFCLSKMARA
4 weeks ago - Invezz

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,...

4 weeks ago - GlobeNewsWire

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

7 weeks ago - GlobeNewsWire

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...

Other symbols: BITFCIFRCLSKMARA
2 months ago - Invezz

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.

Other symbols: HUTMARA
2 months ago - Invezz

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.

Other symbols: CIFRHUTMARA
2 months ago - Invezz

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.

3 months ago - Market Watch

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.

Other symbols: COINMARA
3 months ago - Investopedia

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

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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

5 months ago - GlobeNewsWire

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...

Other symbols: COINMARAMSTR
5 months ago - Market Watch

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

6 months ago - GlobeNewsWire

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.

Other symbols: COIN
6 months ago - Business Insider

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...

Other symbols: MSTRBITOMARA
6 months ago - Invezz

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...

7 months ago - GlobeNewsWire

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

7 months ago - GlobeNewsWire

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.

Other symbols: INDIMARAMAXNOSS
7 months ago - Benzinga