Riot Platforms/RIOT

$9.10

-7.38%
-
1D1W1MYTD1YMAX

About Riot Platforms

Riot Platforms, Inc. is a vertically integrated bitcoin mining company principally engaged in enhancing its capabilities to mine bitcoin in support of the bitcoin blockchain. It also provides comprehensive and critical mining infrastructure for institutional-scale hosted clients to mine bitcoin at its Rockdale Facility. The Rockdale Facility provides over 700 megawatts in total developed capacity for its bitcoin mining and data center hosting services for institutional-scale hosted clients. It operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. Its Bitcoin Mining segment operates approximately 112,944 miners, with a hash rate capacity of 12.4 exahash per second (EH/s). Its Data Center Hosting segment operates at its Rockdale Facility and focuses on providing co-location services for institutional-scale bitcoin mining companies. Its Engineering segment designs and manufacturers power distribution equipment and custom engineered electrical products.

Ticker

RIOT

Sector

Technology

Trading on

NASDAQ

Industry

Computer Services

CEO

Jason Les

Employees

534

Headquarters

Castle rock, United States

Riot Platforms Metrics

BasicAdvanced
$2.31B
Market cap
-
P/E ratio
-$0.34
EPS
4.22
Beta
-
Dividend rate
$2.31B
4.2204
$20.65
$8.61
23.96M
8.334
152.463
-2.94%
-3.26%
-3.16%
8.22
1.113
1.232
8.3%
90.58%
185.34%

What the Analysts think about Riot Platforms

Analyst Ratings

Majority rating from 13 analysts.
Buy

Price Targets

Average projection from 12 analysts.
119.34% upside
High $26.00
Low $11.00
$9.10
Current price
$19.96
Average price target

Riot Platforms Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
100.5% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$78.8M
52.12%
Net income
$79.2M
-274.83%
Profit margin
100.5%
-214.92%

Riot Platforms Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 260.71%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.33
-$0.17
-$0.25
$0.45
-
Expected
-$0.17
-$0.21
-$0.20
-$0.28
-$0.14
Surprise
90.75%
-19.77%
22.49%
-260.71%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Riot Platforms stock?

Riot Platforms (RIOT) has a market cap of $2.31B as of April 14, 2024.

What is the P/E ratio for Riot Platforms stock?

The price to earnings (P/E) ratio for Riot Platforms (RIOT) stock is 0 as of April 14, 2024.

Does Riot Platforms stock pay dividends?

No, Riot Platforms (RIOT) stock does not pay dividends to its shareholders as of April 14, 2024.

When is the next Riot Platforms dividend payment date?

Riot Platforms (RIOT) stock does not pay dividends to its shareholders.

What is the beta indicator for Riot Platforms?

Riot Platforms (RIOT) has a beta rating of 4.22. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Riot Platforms stock price target?

The target price for Riot Platforms (RIOT) stock is $19.96, which is 119.34% above the current price of $9.1. This is an average based on projections from 12 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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