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Riot Platforms NasdaqCM:RIOT Stock Report

Last Price

US$8.29

Market Cap

US$2.1b

7D

-15.0%

1Y

-23.9%

Updated

18 Apr, 2024

Data

Company Financials +

Riot Platforms, Inc.

NasdaqCM:RIOT Stock Report

Market Cap: US$2.1b

RIOT Stock Overview

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America.

RIOT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Riot Platforms, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Riot Platforms
Historical stock prices
Current Share PriceUS$8.29
52 Week HighUS$20.65
52 Week LowUS$7.80
Beta4.18
1 Month Change-25.25%
3 Month Change-19.44%
1 Year Change-23.95%
3 Year Change-77.28%
5 Year Change40.75%
Change since IPO-98.62%

Recent News & Updates

We're Not Very Worried About Riot Platforms' (NASDAQ:RIOT) Cash Burn Rate

Apr 10
We're Not Very Worried About Riot Platforms' (NASDAQ:RIOT) Cash Burn Rate

With A 28% Price Drop For Riot Platforms, Inc. (NASDAQ:RIOT) You'll Still Get What You Pay For

Mar 23
With A 28% Price Drop For Riot Platforms, Inc. (NASDAQ:RIOT) You'll Still Get What You Pay For

Recent updates

We're Not Very Worried About Riot Platforms' (NASDAQ:RIOT) Cash Burn Rate

Apr 10
We're Not Very Worried About Riot Platforms' (NASDAQ:RIOT) Cash Burn Rate

With A 28% Price Drop For Riot Platforms, Inc. (NASDAQ:RIOT) You'll Still Get What You Pay For

Mar 23
With A 28% Price Drop For Riot Platforms, Inc. (NASDAQ:RIOT) You'll Still Get What You Pay For

Why We're Not Concerned Yet About Riot Platforms, Inc.'s (NASDAQ:RIOT) 29% Share Price Plunge

Feb 03
Why We're Not Concerned Yet About Riot Platforms, Inc.'s (NASDAQ:RIOT) 29% Share Price Plunge

Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans

Jan 08
Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans

Riot Platforms, Inc. (NASDAQ:RIOT) Looks Just Right With A 49% Price Jump

Dec 18
Riot Platforms, Inc. (NASDAQ:RIOT) Looks Just Right With A 49% Price Jump

Is Riot Platforms, Inc. (NASDAQ:RIOT) Worth US$9.5 Based On Its Intrinsic Value?

Oct 29
Is Riot Platforms, Inc. (NASDAQ:RIOT) Worth US$9.5 Based On Its Intrinsic Value?

Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans

Sep 19
Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans

Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans

Jun 05
Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans

Riot Platforms, Inc. (NASDAQ:RIOT) Looks Just Right With A 66% Price Jump

Apr 17
Riot Platforms, Inc. (NASDAQ:RIOT) Looks Just Right With A 66% Price Jump

Riot Blockchain breaks ground on 1GW Corsicana data center facility

Oct 19

Riot Blockchain produces lesser bitcoin in September

Oct 04

Riot Blockchain: Another Top Bitcoin Mining Stock

Sep 14

Riot Blockchain announces delay in quarterly report filing

Aug 10

Riot Blockchain sees a drop in July bitcoin production amid reduced power consumption

Aug 03

Riot Blockchain: Revisiting Our Investment Thesis

Jun 29

Riot Blockchain Vs. Marathon Digital In The Bitcoin 2022 Bear Market

Jun 16

Riot Blockchain: Buy This Stock Before The Forthcoming Liftoff

May 11

Riot Blockchain: Market And Competitive Environment In The Mining Sector

Apr 18

Riot Blockchain: Are We Bordering On Too Much Dilution?

Apr 06

Riot Stock Looks Attractive After A Deep Correction

Mar 14

Riot Blockchain: Not Best In Class

Jan 28

Riot's Cost Structure Cites Massive Overvaluation

Jan 20

Riot Blockchain Is Ready To Fly

Jan 03

Shareholder Returns

RIOTUS SoftwareUS Market
7D-15.0%-4.9%-3.7%
1Y-23.9%37.8%20.2%

Return vs Industry: RIOT underperformed the US Software industry which returned 37.8% over the past year.

Return vs Market: RIOT underperformed the US Market which returned 20.2% over the past year.

Price Volatility

Is RIOT's price volatile compared to industry and market?
RIOT volatility
RIOT Average Weekly Movement13.5%
Software Industry Average Movement8.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: RIOT's share price has been volatile over the past 3 months.

Volatility Over Time: RIOT's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1998534Jason Leswww.riotplatforms.com

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

Riot Platforms, Inc. Fundamentals Summary

How do Riot Platforms's earnings and revenue compare to its market cap?
RIOT fundamental statistics
Market capUS$2.10b
Earnings (TTM)-US$49.47m
Revenue (TTM)US$280.68m

7.5x

P/S Ratio

-42.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RIOT income statement (TTM)
RevenueUS$280.68m
Cost of RevenueUS$254.33m
Gross ProfitUS$26.35m
Other ExpensesUS$75.82m
Earnings-US$49.47m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.20
Gross Margin9.39%
Net Profit Margin-17.63%
Debt/Equity Ratio0.04%

How did RIOT perform over the long term?

See historical performance and comparison
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