Riot Platforms, Inc.
RIOT
NASDAQ·Financial Services·Financial - Capital Markets·Mkt cap $7.0B
$18.64
▲ +4.75%
P/E
-5.01
Mkt Cap
$7.0B
52-Wk Range
$11.50–$30.32
52-Week Range
$11.50 - $30.32
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 38.5% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Large-scale institutional mining infrastructure with significant hash rate capacity
- Strategic geographic diversification across Texas and Kentucky with access to competitive electricity
- Integrated engineering capabilities providing operational efficiency and custom solutions
- Established power distribution manufacturing business providing recurring revenue and operational synergies
Bear Case
1 risk
- Very high volatility (beta 3.9). Expect 3x market swings. Position size accordingly.
Growth
Stable outlook
Expansion of Bitcoin mining capacity and hash rate production
Value
Deep value opportunity - significant discount to sector peers
Momentum
Falling
-32.6% over 3m
Quality
Loss-making
Below average quality
Dividend
None
No dividend
Smart-money signal
Who's buying RIOT right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 29, 2026
AUG 5, 2026
Reported EPS of -$0.33 vs -$0.29 consensus (-13.3% surprise). Revenue of $153.5M vs $154.3M expected (-0.5%).
EPS surprise · last 4Q
0 of 1 beats
Estimate
Actual
Q3 26
-13.3%
Revenue trend · last 8Q
—
+78%
+102%
+110%
+103%
+9%
+4%
+14%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$84.8M
$140.6M
$161.4M
$153.0M
$180.2M
$152.8M
$167.2M
$174.2M
Margins · last 8Q
Gross
0.0%
Operating
-137.4%
Profit
-136.1%
Wall Street consensus
8 analysts · 100% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
100%
Hold
0%
Sell
0%
Median Price Target
—
Latest: Morgan Stanley · Aug 13, 2026
vs Industry
How RIOT stacks vs Financial - Capital Markets
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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