Riot Platforms (RIOT) Stock Price, News & Analysis

Company Overview

Riot Platforms, Inc. (NASDAQ: RIOT) is a vertically integrated Bitcoin mining company that designs, builds and operates specialized data centers for large-scale cryptocurrency mining. The company’s core business revolves around deploying proprietary mining hardware and infrastructure to secure the Bitcoin network while optimizing for energy efficiency. Riot Platforms focuses on both asset development and hosting services through its wholly owned subsidiaries, enabling it to expand capacity and leverage economies of scale in its mining operations.

Originally founded in 2000 as BiOptix, a medical imaging equipment company, the organization pivoted to blockchain technology in 2017 and adopted the name Riot Blockchain. In 2022, it rebranded to Riot Platforms to better reflect its emphasis on scalable infrastructure solutions. Today, the company’s operations are concentrated in the United States, with data centers located in Texas, Oklahoma and other strategic regions that offer competitive electricity rates and access to reliable power grids. These facilities are designed to support high-density server configurations and incorporate advanced cooling techniques to maintain optimal performance.

Under the leadership of CEO Jason Les, Riot Platforms aims to expand its hash rate capacity by acquiring additional mining rigs, securing land for new facilities and forging partnerships with energy providers. The company places particular emphasis on sustainable power sourcing and grid resiliency, seeking to reduce its carbon footprint through the use of low-cost renewable and flared natural gas energy. By integrating mining operations with infrastructure development, Riot Platforms targets long-term value creation for shareholders while contributing to the decentralization and security of the Bitcoin ecosystem.

Key Stats

• Today's Range: $13.24 to $14.12
• 50-Day Range: $8.07 to $13.86
• 52-Week Range: $6.19 to $15.87
• Volume: 54.78 million shs
• Average Volume: 28.88 million shs
• Market Capitalization: $4.95 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 50% of companies evaluated by MarketBeat, and ranked 634th out of 915 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 -10.50, 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 -10.50, 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 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

25.05% 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 2.4, 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 1.37%, 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.

Sustainability and ESG

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

Percentage of Shares Shorted

25.05% 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 2.4, 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 1.37%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.53

News Sentiment

Riot Platforms has a news sentiment score of 0.53. 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 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Riot Platforms this week, compared to 6 articles on an average week.

Search Interest

50 people have searched for RIOT on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.

MarketBeat Follows

33 people have added Riot Platforms to their MarketBeat watchlist in the last 30 days. This is an increase of 136% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Riot Platforms insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $44,514.00 in 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 start of the year. Since then, RIOT stock has increased by 35.7% and is now trading at $13.86.

How were Riot Platforms' earnings last quarter?

Riot Platforms, Inc. (NASDAQ:RIOT) announced 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 analyst estimates 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.

Who are Riot Platforms' major shareholders?

Riot Platforms' top institutional investors include Exchange Traded Concepts LLC (0.26%), Harbor Capital Advisors Inc. (0.04%), XML Financial LLC (0.02%) and Meredith Wealth Planning (0.01%). Insiders that own company stock include Soo Il Benjamin Yi, Jason Les, Chad Everett Harris, William Richard Jackman, Ryan D Werner, Colin M Yee, Hannah Cho, Lance Varro D'ambrosio and Hubert Marleau.
View institutional ownership trends.

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: 7/20/2025
• Next Earnings (Estimated): 7/31/2025
• 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 Price Target for Riot Platforms: $17.35
• High Price Target: $21.00
• Low Price Target: $13.00
• Potential Upside/Downside: +25.2%
• 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: 13.15
• Cash Flow: $0.94 per share
• Price / Cash Flow: 14.82
• Book Value: $9.14 per share
• Price / Book: 1.52

Miscellaneous

• Outstanding Shares: 357,260,000
• Free Float: 332,506,000
• Market Cap: $4.95 billion
• Optionable: Optionable
• Beta: 4.57