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Riot Platforms (RIOT)
NASDAQ:RIOT
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RIOT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$6.36 - $18.36
Previous CloseN/A
Volume10.93M
Average Volume (3M)35.56M
Market Cap
$4.66B
Enterprise Value$1.54B
Total Cash (Recent Filing)$13.04M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)46.4
Beta3.15
Next Earnings
Mar 12, 2025EPS Estimate
-0.18Last Dividend Ex-Date
Oct 12, 2017Dividend YieldN/A
Share Statistics
EPS (TTM)0.29
Shares Outstanding343,927,060
10 Day Avg. Volume36,036,484
30 Day Avg. Volume35,555,027
Standard Deviation0.41
R-Squared0.29
Alpha0.05
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)14.38
Price to Cash Flow (P/CF)-20.00
P/FCF Ratio0.00
Enterprise Value/Market Cap0.33
Enterprise Value/Revenue4.91
Enterprise Value/Gross Profit58.32
Enterprise Value/Ebitda-8.42
Forecast
1Y Price Target
$17.91Price Target Upside59.63% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Riot Platforms News
Bulls Say, Bears Say
Bulls Say
Financial Strategy And GrowthRIOT's issuance of approximately $594M in convertible notes indicates a strategic financial maneuver to bolster its Bitcoin holdings and future capabilities.
High-Performance Computing OpportunitiesIncreasing confidence in RIOT's plans for high-performance computing (HPC) opportunities.
Operational Efficiency And ProfitabilityRIOT's self-mining business continues to demonstrate low power costs and strong profitability, with self-mining margins of 74%.
Bears Say
Financial PerformanceThe 2024 adjusted EBITDA estimate for Riot Platforms is projected to be negative, indicating potential financial challenges.
Operational ChallengesRiot Platforms' hash rate fell short of its year-end target due to delays in machine deployment.
Revenue ConcernsThird quarter revenues of $84.8 million missed expectations, with self-mining revenues lagging behind projections and resulting in an EBITDA loss.
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Ownership Overview
7.09% Insiders
11.82% Mutual Funds
0.04% Other Institutional Investors
62.30% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RIOT FAQ
What was Riot Platforms’s price range in the past 12 months?
Riot Platforms lowest stock price was $6.36 and its highest was $18.36 in the past 12 months.
What is Riot Platforms’s market cap?
Riot Platforms’s market cap is $4.66B.
When is Riot Platforms’s upcoming earnings report date?
Riot Platforms’s upcoming earnings report date is Mar 12, 2025 which is in 41 days.
How were Riot Platforms’s earnings last quarter?
Riot Platforms released its earnings results on Oct 30, 2024. The company reported -$0.54 earnings per share for the quarter, missing the consensus estimate of -$0.18 by -$0.36.
Is Riot Platforms overvalued?
According to Wall Street analysts Riot Platforms’s price is currently Undervalued.
Does Riot Platforms pay dividends?
Riot Platforms pays a Notavailable dividend of $1 which represents an annual dividend yield of N/A. See more information on Riot Platforms dividends here
What is Riot Platforms’s EPS estimate?
Riot Platforms’s EPS estimate is -0.18.
How many shares outstanding does Riot Platforms have?
Riot Platforms has 343,927,060 shares outstanding.
What happened to Riot Platforms’s price movement after its last earnings report?
Riot Platforms reported an EPS of -$0.54 in its last earnings report, missing expectations of -$0.18. Following the earnings report the stock price went down -11.832%.
Which hedge fund is a major shareholder of Riot Platforms?
Among the largest hedge funds holding Riot Platforms’s share is Graham Capital Management, L.P.. It holds Riot Platforms’s shares valued at 799K.
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Riot Platforms Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$17.91 (59.63% Upside)
$17.91 (59.63% Upside)
Blogger Sentiment
Bullish
RIOT Sentiment 81%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 166.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $126.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.8%
Last 30 Days ▲ 7.1%
Last 30 Days ▲ 7.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
34.45%
12-Months-Change
Fundamentals
Return on Equity
1.90%
Trailing 12-Months
Asset Growth
100.79%
Trailing 12-Months
Company Description
Riot Platforms
Riot Blockchain Inc is focused on building, supporting and operating blockchain technologies. Distributed blockchain technology is a decentralized and encrypted ledger that is designed to offer a secure, efficient, verifiable and permanent way of storing records and other information without the need for intermediaries. It serves as a medium of exchange, store of value or unit of account. The company's portfolio consists of Verady, Tesspay, Coinsquare, and others.
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RIOT Company Deck
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RIOT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive growth in hash rate and revenue, alongside challenges with increased net losses, operational inefficiencies, and reduced future growth forecasts. The positive aspects of strategic power management and increased Bitcoin holdings were countered by financial and operational hurdles.Read More>---
RIOT Stock 12 Month Forecast
Average Price Target
$17.91
▲(59.63% Upside)
Technical Analysis
Best Analysts Covering RIOT
1 Year
1 Year Success Rate
8/12 ratings generated profit
1 Year Average Return
+20.78%
reiterated a buy rating 3 months ago
Copying Mike Colonnese's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +20.78% per trade.
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