Riot Platforms (RIOT) Stock Price, News & Analysis

Company Overview

Riot Platforms, Inc. develops and operates data centers focused primarily on Bitcoin mining. The company uses specialized computing equipment to validate transactions on the Bitcoin network and earn Bitcoin rewards, while managing the power and cooling infrastructure needed for its operations.

Riot operates mining facilities in the United States, including sites in Texas and Kentucky. Its operations also include electrical engineering and equipment services through its subsidiary ESS Metron, which designs and manufactures power-distribution equipment for data centers and other industrial customers.

Originally known as Riot Blockchain, the company adopted the name Riot Platforms in 2023. Jason Les serves as the company’s chief executive officer.

Key Stats

• Today's Range: $17.98 to $19.13
• 50-Day Range: $11.84 to $24.93
• 52-Week Range: $11.50 to $30.32
• Volume: 29.69 million shs
• Average Volume: 19.22 million shs
• Market Capitalization: $6.86 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $29.75
• Consensus Rating: Moderate Buy

Riot Platforms Stock Analysis - MarketRank™

Riot Platforms scored higher than 69% of companies evaluated by MarketBeat, and ranked 265th out of 593 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Riot Platforms has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 1 strong buy rating, 17 buy ratings, 2 hold ratings, and 1 sell rating.

Upside Potential

Riot Platforms has a consensus price target of $29.75, representing about 64.7% upside from its current price of $18.06.

Amount of Analyst Coverage

Riot Platforms has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Riot Platforms are expected to grow in the coming year, from ($2.56) to ($1.10) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Riot Platforms is -4.38, 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 -4.38, 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 3.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

15.37% 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 2.93, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Riot Platforms has recently decreased by 0.82%, indicating that investor sentiment is improving.

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.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: -0.05

News Sentiment

Riot Platforms has a news sentiment score of -0.05. 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 0.61 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 38 news articles for Riot Platforms this week, compared to 7 articles on an average week.

Search Interest

81 people have searched for RIOT on MarketBeat in the last 30 days. This is an increase of 80% compared to the previous 30 days.

MarketBeat Follows

20 people have added Riot Platforms to their MarketBeat watchlist in the last 30 days. This is an increase of 567% 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

7.82% 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.

Company Calendar

• Last Earnings: 11/04/2026
• Today: 11/11/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Software
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:RIOT
• CIK: 1167419
• Web: www.riotplatforms.com
• Phone: (303) 794-2000
• Fax: 303-798-8332
• Employees: 816
• Year Founded: 2017

Price Target and Rating

• Average Price Target for Riot Platforms: $29.75
• High Price Target: $41.00
• Low Price Target: $18.00
• Potential Upside/Downside: +62.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 21 Analysts

Profitability

• EPS (Trailing Twelve Months): ($4.14)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$663.18 million
• Net Margins: -210.79%
• Pretax Margin: -211.14%
• Return on Equity: -59.47%
• Return on Assets: -41.64%

Debt

• Debt-to-Equity Ratio: 0.28
• Current Ratio: 3.49
• Quick Ratio: 3.49

Sales & Book Value

• Annual Sales: $647.43 million
• Price / Sales: 10.59
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $5.69 per share
• Price / Book: 3.21

Miscellaneous

• Outstanding Shares: 375,180,000
• Free Float: 345,845,000
• Market Cap: $6.86 billion
• Optionable: Optionable
• Beta: 3.91