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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
25.740
Open
23.845
VWAP
25.10
Vol
11.46M
Mkt Cap
9.11B
Low
23.845
Amount
287.67M
EV/EBITDA(TTM)
--
Total Shares
378.15M
EV
9.74B
EV/OCF(TTM)
--
P/S(TTM)
13.67
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)
2026-05-06
09:10:00
Terrestrial Energy and Riot Platforms Collaborate on Advanced Nuclear Data Centers
select
2026-05-05 (ET)
2026-05-05
11:30:00
Bullish Acquires Equiniti for $4.2B
select
2026-05-04 (ET)
2026-05-04
11:30:00
Bitcoin Touches $80,000 for First Time, $630M in ETF Inflows
select
2026-04-30 (ET)
2026-04-30
16:20:00
Riot Reports Q1 Production of 1,473 Bitcoin, CEO Says Transition to Revenue-Generating Data Center Operator
select

News

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.
NASDAQ.COM
7.5
05-08NASDAQ.COM
Iren Partners with Nvidia for AI Cloud Expansion
  • Stock Surge: Iren's stock closed at $61.2 on Friday, up 7.65%, primarily driven by a multi-year partnership with Nvidia, indicating strong market confidence in its AI cloud expansion plans.
  • Volume Spike: The trading volume reached 108.3 million shares, about 187% above its three-month average of 37.7 million shares, reflecting investor enthusiasm for Iren's growth potential.
  • Strategic Partnership: Iren's agreement with Nvidia includes rolling out up to 5 gigawatts of infrastructure designs to support AI tasks in its global data centers, with Nvidia having the right to purchase up to 30 million shares at $70 each, potentially worth $2.1 billion.
  • Cloud Services Contract: In a separate five-year deal valued at approximately $3.4 billion, Iren will provide Nvidia with managed GPU cloud services, further solidifying its position as an AI cloud compute supplier and indicating significant future revenue growth.
stocktwits
9.5
05-07stocktwits
Coinbase Reports Q1 Loss Amid Falling Crypto Volumes
  • Earnings Miss: Coinbase reported a Q1 loss of $1.49 per share, significantly below analyst expectations of a $0.27 profit, indicating a severe impact from the weak cryptocurrency market on the company's performance.
  • Revenue Decline: The Q1 revenue of $1.41 billion fell short of the $1.52 billion forecast, primarily due to declining Bitcoin and other cryptocurrency prices, which led to reduced trading volumes and negatively affected overall revenue.
  • Insufficient Trading Revenue: Coinbase's transaction revenue totaled $755.8 million, missing the $805.2 million expected by analysts, reflecting the direct impact of the sluggish crypto market on trading activities and increasing the company's reliance on trading income.
  • Strong Stablecoin Business: Coinbase manages over 25% of USDC, the world's largest stablecoin, holding about $19 billion in USDC, while its Layer-2 blockchain Base processed 62% of total global on-chain stablecoin transaction volume, showcasing its robust position in the stablecoin market.
Fool
8.5
05-06Fool
Keel Infrastructure Shares Surge 16.71% on AI Pivot
  • Significant Stock Surge: Keel Infrastructure (KEEL) shares rose 16.71% to $4.12 at Wednesday's close, reflecting market optimism regarding its pivot towards AI and high-performance computing infrastructure.
  • Notable Trading Volume: The company experienced a trading volume of 61.5 million shares, approximately 86% above its three-month average of 33.2 million shares, indicating strong investor interest in its future prospects.
  • Strategic Transformation Support: Chardan initiated coverage with a Buy rating and a $4.50 price target, highlighting the strategic significance of Keel's shift from bitcoin mining to North American power-backed data center infrastructure, which is expected to attract more investor attention.
  • Asset Restructuring Progress: Keel's sale of its 70 MW Paso Pe site in Paraguay for approximately $13 million successfully reallocates capital from non-core mining assets, laying the groundwork for future AI and HPC data center business growth.
Fool
9.5
05-06Fool
TeraWulf Shares Surge 50.6% in April Amid Bitcoin Mining Gains
  • Significant Stock Surge: TeraWulf's shares rose 50.6% in April 2026, with a 45.2% gain in the first two weeks, reflecting strong market confidence in its business model, particularly amid modest Bitcoin price increases.
  • Funding for Expansion: The company raised $1 billion through a stock sale aimed at expanding data center construction, which not only enhances its competitiveness in high-performance computing but also attracted participation from major banks like Morgan Stanley, Citigroup, and Bank of America, indicating a notable improvement in its financing capabilities.
  • Cautious Earnings Outlook: Despite the strong stock performance, analysts expect a 20% revenue drop in Q1 due to weak Bitcoin prices, which could impact investor confidence and lead to stock volatility.
  • Uncertain Future Prospects: TeraWulf must demonstrate revenue growth potential from its AI data centers in the upcoming earnings report, as Bitcoin mining still accounts for over 90% of its revenue, and disappointing results could quickly reverse April's gains.
seekingalpha
7.5
05-06seekingalpha
Terrestrial Energy and Riot Platforms Sign MoU for Nuclear-Powered Data Centers
  • MoU Signing: Terrestrial Energy and Riot Platforms have signed a memorandum of understanding to co-develop nuclear-powered data centers, addressing the energy needs for AI and high-performance computing, marking a strategic collaboration in the clean energy sector.
  • Project Scale and Plans: The initiative includes multiple 390 MW IMSR plants, scaling up to approximately 4 GW capacity, ensuring a long-term energy supply for hyperscale data centers to meet the increasing market demand.
  • Hybrid Energy Utilization: The projects are set to commence at RIOT sites in Texas and Kentucky, combining IMSR's nuclear technology with RIOT's data center expertise, allowing for hybrid energy use, including natural gas, to support early operations and enhance power reliability.
  • Investor Confidence Boost: This collaboration strengthens RIOT's power-first strategy and positions IMSR to provide clean, low-cost energy for rising AI-driven demand, resulting in an 11% increase in RIOT's stock to $22.79 and a 7% rise in IMSR's stock to $7.71.
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
H.C. Wainwright
Mike Colonnese
Buy
maintain
$23 -> $25
AI Analysis
2026-05-06
New
Reason
H.C. Wainwright
Mike Colonnese
Price Target
$23 -> $25
AI Analysis
2026-05-06
New
maintain
Buy
Reason
H.C. Wainwright analyst Mike Colonnese raised the firm's price target on Riot Platforms to $25 from $23 and keeps a Buy rating on the shares. The company reported stronger than expected Q1 results and announced that AMD has exercised its 10-year, 25 MW expansion option at the Rockdale site, the analyst tells investors in a research note. H.C. Wainwright expects to see a "significant re-rating in the stock" as Riot executes on its high performance compete strategy and believes current levels represent an attractive entry point for investors.
Roth Capital
Darren Aftahi
Buy
downgrade
$42 -> $38
2026-05-01
Reason
Roth Capital
Darren Aftahi
Price Target
$42 -> $38
2026-05-01
downgrade
Buy
Reason
Roth Capital analyst Darren Aftahi lowered the firm's price target on Riot Platforms to $38 from $42 and keeps a Buy rating on the shares after its Q1 results. The more structurally important datapoint of the quarter is Corsicana's redesign where the two shells become one for the same $214M spend, which implies total campus capacity to 756MW, and the firm's view remains that a formal Corsicana lease in the second half of this year remains the main catalyst for the stock, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RIOT
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Valuation Metrics

The current forward P/E ratio for Riot Platforms Inc (RIOT.O) is 37.59, compared to its 5-year average forward P/E of 8.12. 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
8.12
Current PE
37.59
Overvalued PE
70.08
Undervalued PE
-53.83

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
10.06
Current EV/EBITDA
-4.58
Overvalued EV/EBITDA
24.74
Undervalued EV/EBITDA
-4.62

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
6.18
Current PS
10.76
Overvalued PS
8.67
Undervalued PS
3.70

Financials

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Whales Holding RIOT

V
Value Aligned Research Advisors, LLC
Holding
RIOT
+41.29%
3M Return
S
Situational Awareness LP
Holding
RIOT
+38.85%
3M Return
B
BIT Capital GmbH
Holding
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+20.15%
3M Return
V
Virtu Financial, Inc.
Holding
RIOT
+16.39%
3M Return
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Bg Fund Management Luxembourg S.A.
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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 25.725 USD — it has increased 6.83

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 May 11 2026.

What is Riot Platforms Inc (RIOT) market cap?

Today RIOT has the market capitalization of 9.11B USD.