RIOT

Riot Platforms Inc

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Advanced Chart

11.480

+0.37(3.330%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

11.4963

Open

11.290

VWAP

11.40

Vol

8.01M

Mkt Cap

4.11B

Low

11.150

Amount

91.30M

EV/EBITDA(TTM)

Total Shares

288.78M

4.63B

EV/OCF(TTM)

P/S(TTM)

7.63

Riot Platforms, Inc. is a Bitcoin mining and digital infrastructure company. The Company has Bitcoin mining operations in central Texas and Kentucky, and electrical engineering and fabrication operations in Denver, Colorado, and Houston, Texas. It operates a Bitcoin-driven infrastructure platform. 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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

FY2025Q4

FY2026Q1

170.12M

+100.65%

187.26M

+31.36%

204.62M

+26.79%

Estimates Revision

The market is revising Upward the revenue expectations for Riot Platforms, Inc. (RIOT) for FY2025, with the revenue forecasts being adjusted by 4.42% over the past three months. During the same period, the stock price has changed by 31.95%.

Revenue Estimates for FY2025

Revise Upward

+4.42%

In Past 3 Month

Stock Price

Go Up

+31.95%

In Past 3 Month

12 Analyst Rating

63.15% Upside

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 is 18.73 USD with a low forecast of 15.00 USD and a high forecast of 25.00 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.

11 Buy

1 Hold

0 Sell

Strong Buy

63.15% Upside

Current: 11.480

Low

15.00

Averages

18.73

High

25.00

63.15% Upside

Current: 11.480

Low

15.00

Averages

18.73

High

25.00

JonesResearch

Hold

Buy

upgrade

2025-08-07

New

Reason

JonesResearch

Price Target

2025-08-07

New

upgrade

Hold

Buy

Reason

JonesResearch upgraded Riot Platforms to Buy from Hold.

Citi

Neutral

initiated

$13.75

2025-08-05

Reason

Citi

Price Target

$13.75

2025-08-05

initiated

Neutral

Reason

Citi initiated coverage of Riot Platforms with a Neutral rating and $13.75 price target.

Clear Street

Buy

downgrade

$17 -> $16

2025-08-01

Reason

Clear Street

Price Target

$17 -> $16

2025-08-01

downgrade

Buy

Reason

Clear Street lowered the firm's price target on Riot Platforms to $16 from $17 and keeps a Buy rating on the shares. Following Q2 results, the firm still thinks Riot will likely monetize its Corsicana site through High-Performance Computing contracts, but lowers its target due to a more conservative cost-to-mine outlook based on current trends.

JPMorgan

Overweight -> Neutral

downgrade

$14 -> $15

2025-07-28

Reason

JPMorgan

Price Target

$14 -> $15

2025-07-28

downgrade

Overweight -> Neutral

Reason

JPMorgan downgraded Riot Platforms to Neutral from Overweight with a price target of $15, up from $14. The firm cites valuation for the downgrade, saying the shares have outperformed bitcoin after rallying 42% year-to-date. Riot's valuation seems "a little stretched" and likely needs a high performance computing or further bitcoin rally for additional upside, the analyst tells investors in a research note.

Needham

Buy

maintain

$12 -> $15

2025-06-18

Reason

Needham

Price Target

$12 -> $15

2025-06-18

maintain

Buy

Reason

Needham raised the firm's price target on Riot Platforms to $15 from $12 and keeps a Buy rating on the shares. The company's s Corsicana site is one of the most attractive HPC - high-performance computing - sites in the firm's universe, the analyst tells investors in a research note. In its recent checks with neo-cloud operators, the firm has learned that more than half of demand is for inference workloads and it is growing, adding that it expects advanced discussions with prospective tenants in the second half of 2025, Needham added.

JPMorgan

Overweight

maintain

$13 -> $14

2025-06-13

Reason

JPMorgan

Price Target

$13 -> $14

2025-06-13

maintain

Overweight

Reason

JPMorgan raised the firm's price target on Riot Platforms to $14 from $13 and keeps an Overweight rating on the shares. The firm updated bitcoin miner price targets and models to reflect the Q1 results and changes in bitcoin price and the network hashrate. JPMorgan applied a sum-of-the-parts valuation framework, which values miners based on their mining operation, land and power portfolio, and bitcoin holdings.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Riot Platforms Inc (RIOT.O) is -28.41, compared to its 5-year average forward P/E of 18.94. 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.

N/A

5Y Average PE

18.94

Current PE

-28.41

Overvalued PE

84.34

Undervalued PE

-46.47

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.

N/A

5Y Average EV/EBITDA

10.36

Current EV/EBITDA

17.24

Overvalued EV/EBITDA

24.18

Undervalued EV/EBITDA

-3.47

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.

Fair

5Y Average PS

6.19

Current PS

5.30

Overvalued PS

9.57

Undervalued PS

2.80

Financials

Annual

Quarterly

FY2025Q2

YoY :

+118.50%

152.99M

Total Revenue

FY2025Q2

YoY :

+30.36%

-88.72M

Operating Profit

FY2025Q2

YoY :

-359.87%

219.45M

Net Income after Tax

FY2025Q2

YoY :

-278.12%

0.57

EPS - Diluted

FY2025Q2

YoY :

+211.24%

-298.95M

Free Cash Flow

FY2025Q2

YoY :

-53.58%

-13.89

Gross Profit Margin - %

FY2025Q2

YoY :

-100.00%

N/A

FCF Margin - %

FY2025Q2

YoY :

-218.94%

143.45

Net Margin - %

FY2025Q2

N/A

ROIC

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 129.99% over the last month.

Sold

0-3

Months

1.6M

USD

3-6

Months

676.8K

USD

6-9

Months

567.0K

USD

0-12

Months

301.1K

USD

Bought

0-3

0.0

USD

Months

3-6

64.9K

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

1.3M

Volume

6-9

Months

0.0

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

3.9M

Volume

Months

6-9

28.4M

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders areSelling! The selling amount has increased 129.99% over the last month.

Sold

0-3

Months

1.6M

USD

3-6

Months

676.8K

USD

6-9

Months

567.0K

USD

0-12

Months

301.1K

USD

Bought

0-3

0.0

USD

Months

3-6

64.9K

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

RIOT News & Events

Events Timeline

2025-08-10 (ET)

2025-08-10

12:52:39

White House 401(k) order adds new risk for retirement portfolios, Reuters says

2025-08-07 (ET)

2025-08-07

15:50:04

Trump signs order to allow 401(k) investors to access alternative assets

2025-08-05 (ET)

2025-08-05

12:40:08

Moderately bullish activity in Riot Blockchain with shares down 3.77%

News

4.5

08-11NASDAQ.COM

Stocks Turn Negative Ahead of This Week's Key Inflation Reports

4.5

08-11NASDAQ.COM

Stocks Turn Mixed Ahead of This Week's Key Inflation Reports

4.5

08-11NASDAQ.COM

Stocks Supported by Fed Rate Cut Speculation and Strength in Chip Makers

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FAQ

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

The current price of RIOT is 11.48 USD — it has increased 3.33 % in the last trading day.

RIOT

Market Estimates

Valuation Metrics

Forward PE

Forward EV/EBITDA

Forward PS

Financials

Trading Trends

RIOT News & Events

Events Timeline

News

People Also Watch

FAQ

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

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

What is the price predicton of RIOT Stock?

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

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

What changes have occurred in the market's expectations for Riot Platforms Inc (RIOT)'s fundamentals?

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

What is Riot Platforms Inc (RIOT) market cap?