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RIOT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
27.850
Open
27.470
VWAP
27.18
Vol
18.70M
Mkt Cap
10.25B
Low
26.585
Amount
508.32M
EV/EBITDA(TTM)
--
Total Shares
378.15M
EV
10.89B
EV/OCF(TTM)
--
P/S(TTM)
15.39
Riot Platforms, Inc. is an integrated digital infrastructure company. The Company is principally engaged in developing and optimizing its power assets. Its segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment is engaged in Bitcoin mining activities. The Engineering segment designs and manufacturers power distribution equipment and custom engineered electrical products. This segment also provides electricity distribution product design, manufacturing, and installation services primarily focused on large-scale commercial and governmental customers and serves clients across a range of markets including data center, power generation, utility, water, industrial, and alternative energy. It is also focused on developing a portion of its power capacity for artificial intelligence (AI)/ high-performance computing (HPC) uses. The Company provides electrical engineering services to a customer base of energy developers and data center operators.
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Events Timeline

(ET)
2026-05-18
11:20:00
Bitcoin Depot's Kiosk Empire Files for Bankruptcy, Strategy Buys Nearly 25,000 Bitcoins
select

News

stocktwits
7.5
05-26stocktwits
TeraWulf Shares Surge 12% After Acquiring Kentucky Data Center
  • Data Center Acquisition: TeraWulf's acquisition of the 1 GW 'Muskie Data Campus' in Kentucky led to a more than 12% surge in its stock on Tuesday, marking a significant strategic shift towards high-performance computing (HPC).
  • Future Capacity Plans: The campus is expected to support 500 MW of power by the second half of 2028, with an additional 500 MW planned for 2030, indicating the company's proactive positioning in response to future AI market demands.
  • Infrastructure Advantage: CEO Paul Prager highlighted that power infrastructure and transmission access are the biggest constraints in the AI market, and the project's dedicated 345 kV substation will connect to the existing 765 kV transmission network, ensuring a faster path to power than competing projects.
  • Positive Market Reaction: TeraWulf's stock reached $25 in early morning trading, with retail investor sentiment shifting from neutral to bullish, reflecting market confidence in the management's execution capabilities.
NASDAQ.COM
4.5
05-19NASDAQ.COM
Mixed US Stock Close as Oil Prices Volatile Amid Geopolitical Tensions
  • Mixed Market Performance: The S&P 500 index fell by 0.07%, while the Dow Jones Industrial Average rose by 0.32%, and the Nasdaq 100 index decreased by 0.45%, indicating a divergence in market performance amid oil price volatility and geopolitical tensions.
  • Oil Price Volatility: Crude oil prices surged to a three-week high on Monday due to Iran's comments on US demands being 'excessive and unrealistic', but prices fell sharply later when President Trump canceled a planned strike on Iran, highlighting the direct impact of geopolitical events on the market.
  • Supportive Economic Data: The May NAHB housing market index rose by 3 to 37, exceeding expectations, which indicates resilience in the housing market and may provide some support for stocks.
  • Weak Chinese Economic Indicators: China's April industrial production rose by 4.1% year-on-year, below the expected 6.0%, with retail sales and new home prices also underperforming, reflecting potential risks to global growth prospects.
CNBC
6.5
05-15CNBC
Starboard Value Initiates New Positions in Consumer Stocks
  • New Investment Positions: Activist investor Starboard Value initiated new positions in two consumer stocks, Lamb Weston and Carmax, valued at approximately $258 million as of March 31, indicating a strategic focus on the consumer sector.
  • Strong Quarterly Performance: In the first quarter, Lamb Weston saw a nearly 2% increase in stock price, while Carmax jumped over 7%, reflecting an improvement in market performance and a potential recovery in consumer demand.
  • Divergent Year-to-Date Trends: Despite Lamb Weston gaining over 5% in 2026, Carmax has fallen more than 4%, highlighting a significant divergence in their market trajectories that could influence investor decisions moving forward.
  • Increased Stake in Bitcoin Stock: Starboard also raised its position in Riot Platforms by 22%, and although the stock declined more than 2% in the quarter, it has surged over 85% this year, demonstrating ongoing confidence in digital infrastructure investments.
CNBC
6.0
05-14CNBC
Latest Wall Street Rating Updates
  • Nvidia Price Target Raised: UBS raised Nvidia's price target from $245 to $275, anticipating first-quarter revenue around $81 billion, suggesting a $3 billion beat against market expectations, highlighting the company's robust growth potential in the AI sector.
  • Amazon Alexa Shopping Advantage: Bank of America reiterated its buy rating on Amazon, stating that the new Alexa for Shopping will replace Rufus, leveraging personalized recommendations to enhance user experience and further solidify Amazon's leadership in the e-commerce market.
  • Apple Stock Price Target Increase: Evercore raised Apple's price target from $330 to $365, projecting that even with modest iPhone unit growth, the company can achieve low to mid-teens EPS and free cash flow growth due to durable services growth and ASP tailwinds from premium models.
  • Starbucks Price Target Upgraded: TD Cowen raised Starbucks' price target from $106 to $120, citing multiple tangible drivers for positive sales revisions in a strong market backdrop, and forecasting margin recovery as labor investments are prioritized.
Fool
8.5
05-11Fool
Iren Announces $2 Billion Convertible Notes Offering
  • Significant Stock Decline: Iren's shares fell by 9.89% to $55.15 following the announcement of a $2 billion convertible notes offering, raising investor concerns about potential dilution for existing shareholders.
  • Surge in Trading Volume: Trading volume reached 108.4 million shares, approximately 187% above the three-month average of 37.8 million shares, indicating strong market reaction to the new debt issuance.
  • Disappointing Earnings Report: Last week, Iren reported a fiscal Q3 earnings miss with sequential revenue decline, highlighting challenges in transitioning from Bitcoin mining to AI cloud services.
  • Future Growth Risks: Despite a 50% increase in stock price over the past month, the new debt could increase leverage risk, prompting investors to closely monitor how the company utilizes the new capital to support its AI infrastructure contract with Nvidia.
Fool
7.5
05-08Fool
Iren Partners with Nvidia for AI Cloud Expansion
  • Stock Surge: Iren's stock rose 7.65% to $61.20 on Friday, reflecting positive market sentiment following its multi-year partnership with Nvidia, indicating increased investor confidence in the company's growth prospects.
  • Volume Spike: Trading volume reached 108.3 million shares, about 187% above the three-month average, demonstrating strong market interest in Iren's stock and potentially signaling a future investment surge.
  • Strategic Partnership: Iren has signed an agreement with Nvidia to roll out up to 5 gigawatts of infrastructure designs to support AI tasks in its global data centers, significantly enhancing Iren's position in the AI cloud computing market.
  • Equity Purchase Rights: Under the agreement, Nvidia has the right to purchase up to 30 million shares of Iren stock at $70 per share, valued at approximately $2.1 billion, which not only provides funding support for Iren but also further solidifies its strategic relationship with Nvidia.
Wall Street analysts forecast RIOT stock price to rise
9 Analyst Rating
Wall Street analysts forecast RIOT stock price to rise
9 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
20.00
Averages
27.00
High
42.00
Current: 0.000
sliders
Low
20.00
Averages
27.00
High
42.00
Jefferies
Buy
initiated
$37
AI Analysis
2026-05-14
Reason
Jefferies
Price Target
$37
AI Analysis
2026-05-14
initiated
Buy
Reason
Jefferies initiated coverage of Riot Platforms with a Buy rating and $37 price target.
Jefferies
Hold
initiated
$24
2026-05-14
Reason
Jefferies
Price Target
$24
2026-05-14
initiated
Hold
Reason
Jefferies initiated coverage of Riot Platforms with a Hold rating and $24 price target as the firm started coverage of four AI data center developers all with legacy Bitcoin mining roots. AI data center demand remains strong, with power availability the "binding constraint," says the analyst, who adds that tenant credit quality, location durability, and development execution will be the differentiating factors among this group. Riot's lack of a large deal, despite an attractive geographic footprint, "gives us some pause," the analyst tells investors.
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Valuation Metrics

The current forward P/E ratio for Riot Platforms Inc (RIOT.O) is 20.88, compared to its 5-year average forward P/E of 7.87. For a more detailed relative valuation and DCF analysis to assess Riot Platforms Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
7.87
Current PE
20.88
Overvalued PE
69.69
Undervalued PE
-53.96

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
9.84
Current EV/EBITDA
-5.43
Overvalued EV/EBITDA
24.60
Undervalued EV/EBITDA
-4.91

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
6.22
Current PS
12.73
Overvalued PS
8.76
Undervalued PS
3.69

Financials

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Whales Holding RIOT

S
Situational Awareness LP
Holding
RIOT
+49.62%
3M Return
B
BIT Capital GmbH
Holding
RIOT
+30.38%
3M Return
B
Bg Fund Management Luxembourg S.A.
Holding
RIOT
+22.76%
3M Return
V
Virtu Financial, Inc.
Holding
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+16.62%
3M Return
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GMT Capital Corp.
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+9.07%
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Starboard Value LP
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Frequently Asked Questions

What is Riot Platforms Inc (RIOT) stock price today?

The current price of RIOT is 27.11 USD — it has decreased -2.27

What is Riot Platforms Inc (RIOT)'s business?

Riot Platforms, Inc. is an integrated digital infrastructure company. The Company is principally engaged in developing and optimizing its power assets. Its segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment is engaged in Bitcoin mining activities. The Engineering segment designs and manufacturers power distribution equipment and custom engineered electrical products. This segment also provides electricity distribution product design, manufacturing, and installation services primarily focused on large-scale commercial and governmental customers and serves clients across a range of markets including data center, power generation, utility, water, industrial, and alternative energy. It is also focused on developing a portion of its power capacity for artificial intelligence (AI)/ high-performance computing (HPC) uses. The Company provides electrical engineering services to a customer base of energy developers and data center operators.

What is the price predicton of RIOT Stock?

Wall Street analysts forecast RIOT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RIOT is27.00 USD with a low forecast of 20.00 USD and a high forecast of 42.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Riot Platforms Inc (RIOT)'s revenue for the last quarter?

Riot Platforms Inc revenue for the last quarter amounts to 167.22M USD, increased 3.61

What is Riot Platforms Inc (RIOT)'s earnings per share (EPS) for the last quarter?

Riot Platforms Inc. EPS for the last quarter amounts to -1.44 USD, increased 60.00

How many employees does Riot Platforms Inc (RIOT). have?

Riot Platforms Inc (RIOT) has 816 emplpoyees as of June 01 2026.

What is Riot Platforms Inc (RIOT) market cap?

Today RIOT has the market capitalization of 10.25B USD.