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RIOT Overview

-
$
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

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High
19.070
Open
18.610
VWAP
18.68
Vol
6.86M
Mkt Cap
6.90B
Low
18.270
Amount
128.25M
EV/EBITDA(TTM)
2.02K
Total Shares
379.13M
EV
7.51B
EV/OCF(TTM)
--
P/S(TTM)
10.30
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.
Show More

Events Timeline

(ET)
2026-04-24
09:50:00
New
NY AG Sues Coinbase and Gemini for Illegal Gambling
select
2026-04-22 (ET)
2026-04-22
13:00:00
Riot Blockchain Shares Rise 5.2% to $18.32
select
2026-04-20 (ET)
2026-04-20
11:40:00
Riot Blockchain Shares Down, Option Traders Moderately Bearish
select
2026-04-17 (ET)
2026-04-17
10:00:00
Charles Schwab Launches Crypto Trading Service
select
2026-04-14 (ET)
2026-04-14
12:00:00
Deutsche Börse Acquires $200M Stake in Kraken Parent Payward
select
2026-04-10 (ET)
2026-04-10
15:40:00
Riot Blockchain Shares Up 0.42% to $16.76
select
2026-04-09 (ET)
2026-04-09
15:10:00
Riot Blockchain Shares Rise 4.03% to $16.76
select

News

Fool
8.5
04-23Fool
Iren Stock Rises 7.5% on Positive Market Coverage
  • Stock Surge: Iren (IREN) closed at $52.02 on Thursday, up 7.5%, reflecting positive market sentiment regarding its pivot to data centers, indicating significant growth potential in Bitcoin mining and AI data center operations.
  • Volume Spike: Trading volume reached 57.2 million shares, about 56% above the three-month average of 36.7 million shares, suggesting a notable increase in investor interest and potentially signaling sustained growth ahead.
  • Strong Market Performance: Since its IPO in 2021, Iren's stock has risen 86%, and it has soared over 750% in the past year, demonstrating robust performance amid rising demand for AI computing, particularly following a deal with Microsoft.
  • Future Outlook: Iren is set to report Q3 earnings on May 7, with investors keenly watching for details on a potential $6 billion share issuance; while concerns about share dilution exist, this funding could further solidify its transition from Bitcoin to AI infrastructure.
NASDAQ.COM
8.5
04-23NASDAQ.COM
Iren Stock Rises 7.5% on Positive Data Center Transition News
  • Strong Stock Performance: Iren's stock closed at $52.02 on Thursday, up 7.5%, reflecting positive market sentiment regarding its data center pivot, which enhances investor confidence in its growth potential.
  • Significant Trading Volume: The trading volume reached 57.2 million shares, about 56% above the three-month average of 36.7 million shares, indicating a notable increase in investor interest and potentially signaling sustained growth ahead.
  • Industry Transition Trend: As one of several Bitcoin mining companies, Iren is transitioning to provide energy for artificial intelligence and data centers, with its stock soaring over 750% in the past year, driven by strong demand for AI computing capacity.
  • Future Earnings Expectations: Iren is set to report Q3 earnings on May 7, with investors keenly watching for details on a potential $6 billion share issuance, which, while raising concerns about share dilution, would further solidify its transition to AI infrastructure.
NASDAQ.COM
4.5
04-22NASDAQ.COM
U.S. Stocks Rise, Nasdaq Hits Record High
  • Nasdaq Hits Record High: The Nasdaq 100 rose by 1.73%, reaching a new record high, reflecting strong investor confidence in tech stocks, particularly driven by robust corporate earnings, which may attract further investment in the tech sector.
  • Earnings Beat Expectations: Companies like GE, Boeing, and Masco reported Q1 revenues of $9.34 billion, negative $1.45 billion, and $1.92 billion respectively, all exceeding market expectations, which boosted overall market sentiment and indicated signs of economic recovery.
  • Oil Price Surge Affects Markets: WTI crude oil prices rose over 3% due to the blockade of the Strait of Hormuz, potentially exacerbating the global energy crisis and influencing market inflation expectations, thereby affecting investor risk appetite.
  • Mortgage Applications Increase: U.S. MBA mortgage applications rose by 7.9% in the week ending April 17, with the purchase mortgage sub-index up 10.1%, indicating a rebound in housing demand that could positively impact the real estate market.
NASDAQ.COM
4.5
04-22NASDAQ.COM
U.S. Stocks Rise, Nasdaq Hits Record High
  • Strong Market Performance: The S&P 500 index rose by 0.84%, the Dow Jones Industrial Average increased by 0.76%, and the Nasdaq 100 climbed by 1.28%, reflecting robust market sentiment and investor confidence, particularly against the backdrop of better-than-expected corporate earnings.
  • Earnings Drive Growth: Companies like GE Vernova, Boeing, and Masco reported Q1 earnings exceeding market expectations, with revenues of $9.34 billion, $1.92 billion, and $5.20 billion respectively, indicating signs of economic recovery and boosting overall market performance.
  • Geopolitical Impact: President Trump extended the ceasefire with Iran, and although planned talks were called off, the market's optimism regarding future negotiations has increased investor confidence, with oil prices rising over 2%, potentially exacerbating the global energy crisis.
  • Mortgage Applications Surge: U.S. MBA mortgage applications rose by 7.9% in the week ending April 17, with the purchase mortgage sub-index up 10.1%, indicating a rebound in housing demand, while the average 30-year fixed mortgage rate fell to 6.35%, providing better financing conditions for homebuyers.
NASDAQ.COM
4.5
04-22NASDAQ.COM
U.S. Stocks Rise, Nasdaq Hits Record High
  • Strong Market Performance: The S&P 500 index rose by 0.65%, the Dow Jones Industrial Average increased by 0.70%, and the Nasdaq 100 climbed by 0.79%, reflecting robust market sentiment, particularly driven by better-than-expected corporate earnings that boosted investor confidence.
  • Earnings Drive Growth: Companies like GE Vernova, Boeing, and Masco reported Q1 earnings exceeding expectations, with net sales of $9.34 billion, negative adjusted free cash flow of -$1.45 billion, and $1.92 billion respectively, propelling market gains and enhancing confidence in economic recovery.
  • Geopolitical Impact: President Trump announced an indefinite extension of the ceasefire with Iran, and although planned talks were called off, the market remains optimistic about future developments, contributing to a rise in crude oil prices, with WTI crude up over 1%.
  • Mortgage Applications Surge: U.S. MBA mortgage applications rose by 7.9% for the week ending April 17, with the purchase mortgage sub-index up 10.1%, indicating signs of recovery in the housing market, while the average 30-year fixed mortgage rate fell to 6.35%.
NASDAQ.COM
4.5
04-21NASDAQ.COM
US Stocks Close Lower as Oil Prices Rebound Impact Market
  • Market Decline: The S&P 500 index fell by 0.63%, the Dow Jones Industrial Average dropped by 0.59%, and the Nasdaq 100 index decreased by 0.42%, reflecting investor concerns over the uncertainty surrounding Iran's geopolitical situation, which dampened market sentiment.
  • Oil Price Rebound Impact: WTI crude oil prices rebounded by over 2% after Iran announced it would not attend peace talks, raising fears of a deepening global energy crisis, which could further hinder economic recovery.
  • Supportive Economic Data: March retail sales rose by 1.7% month-over-month, surpassing expectations of 1.4%, indicating robust consumer spending that may provide some support for the stock market, despite overall market pressures.
  • Fed Nominee Supports Independence: Fed Chair nominee Kevin Warsh emphasized the importance of monetary policy independence and controlling inflation in his Senate Banking Committee statement, which could positively influence market confidence.
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
Piper Sandler
Patrick Moley
Overweight
maintain
$21 -> $23
AI Analysis
2026-04-21
New
Reason
Piper Sandler
Patrick Moley
Price Target
$21 -> $23
AI Analysis
2026-04-21
New
maintain
Overweight
Reason
Piper Sandler analyst Patrick Moley raised the firm's price target on Riot Platforms to $23 from $21 and keeps an Overweight rating on the shares. The firm acknowledges that it was a roller coaster quarter for its BTC miner coverage, marked by significant market volatility and a recent rally in BTC price. The key theme across the group remains the viability of existing sites - and new power approvals - for AI computing conversion, Piper argues. The firm maintains its bullish outlook on the group, and views the recent rebound in BTC price as a point of reassurance for investors looking to buy in ahead of a signed deal.
Cantor Fitzgerald
Overweight
downgrade
$29 -> $20
2026-04-09
Reason
Cantor Fitzgerald
Price Target
$29 -> $20
2026-04-09
downgrade
Overweight
Reason
Cantor Fitzgerald lowered the firm's price target on Riot Platforms to $20 from $29 and keeps an Overweight rating on the shares. The firm believes the world is heading toward the proliferation of AI across nearly every business, sector, and economy and in that context it sees AI infrastructure as "an attractive place to invest," given that investors are somewhat agnostic to which AI app or AI model emerges victorious. The firm envisions a persistent supply/demand imbalance for the next five-plus years that caters to pricing remaining strong, the analyst tells investors.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RIOT
Unlock Now

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 8.48. 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
8.48
Current PE
20.88
Overvalued PE
70.62
Undervalued PE
-53.66

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
10.26
Current EV/EBITDA
-2.36
Overvalued EV/EBITDA
24.91
Undervalued EV/EBITDA
-4.40

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
6.21
Current PS
8.91
Overvalued PS
8.74
Undervalued PS
3.68

Financials

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Whales Holding RIOT

V
Value Aligned Research Advisors, LLC
Holding
RIOT
+36.81%
3M Return
S
Situational Awareness LP
Holding
RIOT
+20.65%
3M Return
B
Bg Fund Management Luxembourg S.A.
Holding
RIOT
+11.31%
3M Return
A
Azora Capital LP
Holding
RIOT
+5.15%
3M Return
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Virtu Financial, Inc.
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GMT Capital Corp.
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Frequently Asked Questions

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

The current price of RIOT is 18.71 USD — it has increased 2.75

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

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.

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 152.83M USD, increased 7.21

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 -1.97 USD, decreased -803.57

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

Riot Platforms Inc (RIOT) has 816 emplpoyees as of April 24 2026.

What is Riot Platforms Inc (RIOT) market cap?

Today RIOT has the market capitalization of 6.90B USD.