S&P 500   5,011.12
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What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
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CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities

Riot Platforms (RIOT) Competitors

$8.29
+0.32 (+4.02%)
(As of 04/18/2024 ET)

RIOT vs. QFIN, ML, BITF, HKD, BTDR, PGY, CMPO, AWH, SOFI, and NWTN

Should you be buying Riot Platforms stock or one of its competitors? The main competitors of Riot Platforms include Qifu Technology (QFIN), MoneyLion (ML), Bitfarms (BITF), AMTD Digital (HKD), Bitdeer Technologies Group (BTDR), Pagaya Technologies (PGY), CompoSecure (CMPO), Aspira Women's Health (AWH), SoFi Technologies (SOFI), and NWTN (NWTN).

Riot Platforms vs.

Qifu Technology (NASDAQ:QFIN) and Riot Platforms (NASDAQ:RIOT) are both mid-cap business services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, community ranking, valuation, institutional ownership, dividends, media sentiment, profitability, earnings and risk.

Qifu Technology has a beta of 0.62, meaning that its share price is 38% less volatile than the S&P 500. Comparatively, Riot Platforms has a beta of 4.25, meaning that its share price is 325% more volatile than the S&P 500.

In the previous week, Riot Platforms had 9 more articles in the media than Qifu Technology. MarketBeat recorded 15 mentions for Riot Platforms and 6 mentions for Qifu Technology. Riot Platforms' average media sentiment score of 0.46 beat Qifu Technology's score of -0.56 indicating that Qifu Technology is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Qifu Technology
1 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Riot Platforms
5 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
8 Very Negative mention(s)
Negative

Qifu Technology has a net margin of 26.29% compared to Qifu Technology's net margin of -17.62%. Riot Platforms' return on equity of 20.44% beat Qifu Technology's return on equity.

Company Net Margins Return on Equity Return on Assets
Qifu Technology26.29% 20.44% 9.72%
Riot Platforms -17.62%0.89%0.81%

Qifu Technology has higher revenue and earnings than Riot Platforms. Riot Platforms is trading at a lower price-to-earnings ratio than Qifu Technology, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Qifu Technology$2.29B1.27$603.58M$3.664.92
Riot Platforms$280.70M7.49-$49.47M-$0.27-30.70

Qifu Technology currently has a consensus price target of $24.73, suggesting a potential upside of 37.25%. Riot Platforms has a consensus price target of $18.96, suggesting a potential upside of 128.75%. Given Qifu Technology's higher possible upside, analysts clearly believe Riot Platforms is more favorable than Qifu Technology.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Qifu Technology
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
Riot Platforms
0 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
3.00

Riot Platforms received 390 more outperform votes than Qifu Technology when rated by MarketBeat users. Likewise, 67.12% of users gave Riot Platforms an outperform vote while only 60.71% of users gave Qifu Technology an outperform vote.

CompanyUnderperformOutperform
Qifu TechnologyOutperform Votes
102
60.71%
Underperform Votes
66
39.29%
Riot PlatformsOutperform Votes
492
67.12%
Underperform Votes
241
32.88%

74.8% of Qifu Technology shares are held by institutional investors. Comparatively, 40.3% of Riot Platforms shares are held by institutional investors. 17.1% of Qifu Technology shares are held by company insiders. Comparatively, 4.4% of Riot Platforms shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Qifu Technology beats Riot Platforms on 10 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RIOT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RIOT vs. The Competition

MetricRiot PlatformsCapital Markets IndustryFinancial SectorNASDAQ Exchange
Market Cap$2.10B$596.08M$3.73B$7.44B
Dividend YieldN/A5.51%4.60%4.00%
P/E Ratio-30.70585.63446.8519.04
Price / Sales7.4911,321.362,560.9885.85
Price / Cash8.2110.8746.2535.12
Price / Book0.911.831.474.19
Net Income-$49.47M$26.10M$437.96M$214.15M
7 Day Performance-14.97%-2.76%4.97%-4.90%
1 Month Performance-27.47%-1.72%12.19%-3.48%
1 Year Performance-38.36%17.71%7.44%3.84%

Riot Platforms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
QFIN
Qifu Technology
4.9639 of 5 stars
$17.88
-2.6%
$24.73
+38.3%
-1.9%$2.89B$13.06B4.892,199
ML
MoneyLion
0.8365 of 5 stars
$75.24
+3.9%
$66.60
-11.5%
+466.7%$791.53M$423.43M-15.71600
BITF
Bitfarms
1.3582 of 5 stars
$1.71
-1.2%
$4.25
+148.5%
+51.2%$609.26M$146.37M-4.62170Positive News
Gap Down
HKD
AMTD Digital
0 of 5 stars
$3.17
+1.3%
N/A-57.0%$606.90M$33.07M0.00199
BTDR
Bitdeer Technologies Group
2.6276 of 5 stars
$5.42
-4.1%
$13.64
+151.7%
-15.1%$606.88M$368.55M-12.90211Gap Down
PGY
Pagaya Technologies
2.8451 of 5 stars
$9.86
-1.6%
$38.08
+286.2%
-10.6%$582.23M$812.05M-4.56712Gap Up
CMPO
CompoSecure
2.8734 of 5 stars
$6.55
-1.8%
$11.83
+80.7%
-12.7%$527.47M$390.63M7.20922
AWH
Aspira Women's Health
0.9943 of 5 stars
$3.45
+1.8%
$4.45
+29.0%
-36.4%$42.57M$9.15M-0.2985Gap Up
SOFI
SoFi Technologies
3.3919 of 5 stars
$7.20
+1.1%
$9.08
+26.2%
+19.2%$7.03B$2.12B-18.954,400
NWTN
NWTN
0 of 5 stars
$7.25
+2.1%
N/A-34.0%$2.07BN/A0.00103Gap Down

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This page (NASDAQ:RIOT) was last updated on 4/19/2024 by MarketBeat.com Staff

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