Riot Platforms (RIOT) Stock Price, News & Analysis

Company Overview

Riot Platforms, Inc. (NASDAQ: RIOT) is a digital asset technology company primarily engaged in the production of Bitcoin through large-scale, high-performance mining operations. The company designs, builds, and operates data centers that host specialized mining hardware, and it pursues opportunities across the blockchain ecosystem to support network security and the transition to decentralized finance. Riot Platforms also evaluates emerging applications of distributed ledger technology and seeks to integrate complementary services that enhance its core mining business.

Originally incorporated in 2000 under a different name, the company underwent several strategic transformations over its history. In 2017, it shifted focus toward blockchain technology, adopting the name Riot Blockchain, Inc. to signal its entry into the digital currency arena. In mid-2022, the firm rebranded to Riot Platforms, Inc., reflecting an expanded vision that embraces a broader range of digital asset infrastructure solutions alongside its established Bitcoin mining activities.

Riot Platforms’ mining operations are concentrated in North America, with key facilities in Texas and other U.S. regions where it has secured access to cost-effective power and renewable energy sources. The company collaborates with grid operators and energy partners to optimize power usage and support sustainable practices. Its infrastructure includes modular data centers and immersion-cooling systems designed to improve energy efficiency and scale capacity as demand for network validation grows.

The company is led by President and Chief Executive Officer Jason Les, who brings extensive experience in operations management and technology commercialization. Under his leadership, Riot Platforms has focused on operational excellence, risk management, and growth strategies aimed at increasing hash rate capacity and advancing its digital asset infrastructure footprint. The board and senior management team continue to explore strategic partnerships and technology innovations to bolster the firm’s role in the rapidly evolving blockchain ecosystem.

Key Stats

• Today's Range: $12.05 to $12.73
• 50-Day Range: $7.24 to $12.20
• 52-Week Range: $6.19 to $15.87
• Volume: 27.63 million shs
• Average Volume: 28.61 million shs
• Market Capitalization: $4.35 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $17.35
• Consensus Rating: Buy

Riot Platforms Stock Analysis - MarketRank™

Riot Platforms scored higher than 33% of companies evaluated by MarketBeat, and ranked 743rd out of 907 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Riot Platforms has received a consensus rating of Buy. The company's average rating score is 3.09, and is based on 10 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Riot Platforms has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Riot Platforms are expected to decrease in the coming year, from ($0.34) to ($0.64) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Riot Platforms is -9.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Riot Platforms is -9.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Riot Platforms has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

25.40% of the float of Riot Platforms has been sold short.

Short Interest Ratio / Days to Cover

Riot Platforms has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Riot Platforms has recently increased by 1.87%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Riot Platforms does not currently pay a dividend.

Dividend Growth

Riot Platforms does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

25.40% of the float of Riot Platforms has been sold short.

Short Interest Ratio / Days to Cover

Riot Platforms has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Riot Platforms has recently increased by 1.87%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.25

News Sentiment

Riot Platforms has a news sentiment score of -0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Riot Platforms this week, compared to 6 articles on an average week.

Search Interest

Only 37 people have searched for RIOT on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.

MarketBeat Follows

30 people have added Riot Platforms to their MarketBeat watchlist in the last 30 days. This is an increase of 43% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Riot Platforms insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.93% of the stock of Riot Platforms is held by insiders.

Percentage Held by Institutions

40.27% of the stock of Riot Platforms is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RIOT Stock Analysis - Frequently Asked Questions

How have RIOT shares performed this year?

Riot Platforms' stock was trading at $10.21 at the beginning of 2025. Since then, RIOT shares have increased by 19.2% and is now trading at $12.1690.

How were Riot Platforms' earnings last quarter?

Riot Platforms, Inc. (NASDAQ:RIOT) released its earnings results on Thursday, May, 1st. The technology company reported ($0.90) earnings per share for the quarter, missing analysts' consensus estimates of ($0.25) by $0.65. The technology company earned $161.39 million during the quarter, compared to the consensus estimate of $159.60 million. Riot Platforms had a negative net margin of 86.93% and a negative trailing twelve-month return on equity of 13.97%.
Read the conference call transcript.

How do I buy shares of Riot Platforms?

Shares of RIOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Riot Platforms own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Riot Platforms investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Zomedica (ZOM), Advanced Micro Devices (AMD), Marathon Digital (MARA) and

Company Calendar

• Last Earnings: 5/01/2025
• Today: 7/06/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: FIN - MISC SVCS
• Sub-Industry: Banking
• Current Symbol: NASDAQ:RIOT
• CIK: 1167419
• Web: www.riotblockchain.com
• Phone: (303) 794-2000
• Fax: 303-798-8332
• Employees: 340
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $17.35
• High Stock Price Target: $21.00
• Low Stock Price Target: $13.00
• Potential Upside/Downside: +42.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.09
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.32)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $109.40 million
• Net Margins: -86.93%
• Pretax Margin: -86.66%
• Return on Equity: -13.97%
• Return on Assets: -11.99%

Debt

• Debt-to-Equity Ratio: 0.20
• Current Ratio: 3.23
• Quick Ratio: 3.23

Sales & Book Value

• Annual Sales: $376.66 million
• Price / Sales: 11.54
• Cash Flow: $0.94 per share
• Price / Cash Flow: 13.01
• Book Value: $9.14 per share
• Price / Book: 1.33

Miscellaneous

• Outstanding Shares: 357,260,000
• Free Float: 332,506,000
• Market Cap: $4.35 billion
• Optionable: Optionable
• Beta: 4.57