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RIOT

Riot Platforms NasdaqCM:RIOT Stock Report

Last Price

US$7.49

Market Cap

US$1.3b

7D

18.3%

1Y

-54.8%

Updated

03 Feb, 2023

Data

Company Financials +

RIOT Stock Overview

Riot Platforms, Inc., together with its subsidiaries, focuses on bitcoin mining operations in North America.

RIOT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

New

Notes are coming soon

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$7.49
52 Week HighUS$23.66
52 Week LowUS$3.25
Beta4.11
1 Month Change93.04%
3 Month Change29.36%
1 Year Change-54.80%
3 Year Change423.78%
5 Year Change-53.33%
Change since IPO-98.75%

Recent News & Updates

Recent updates

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

Buy Riot Blockchain Before It's Too Late

Nov 30

Robust Earnings May Not Tell The Whole Story For Riot Blockchain (NASDAQ:RIOT)

Nov 22
Robust Earnings May Not Tell The Whole Story For Riot Blockchain (NASDAQ:RIOT)

Riot Blockchain: Not The Best Of Breed

Oct 25

Riot Blockchain: The More Overvalued And Inefficient Mining Company Compared To Peers

Oct 11

Long-Term Investors Should Be Wary Of Riot And Other Crypto Miners

Aug 29

Riot Blockchain: Massive Hashrate Growth In The Cards But Are We Running Out Of Bitcoin To Mine?

Jul 19

Riot Blockchain's Transformation Means Now Is The Time To Buy

Jul 06

Analysts Just Shipped A Substantial Upgrade To Their Riot Blockchain, Inc. (NASDAQ:RIOT) Estimates

Jul 02
Analysts Just Shipped A Substantial Upgrade To Their Riot Blockchain, Inc. (NASDAQ:RIOT) Estimates

Riot Blockchain: Realistic Assessment In View Of ESG And Rapidly Growing In Scale

Jun 17

Riot Blockchain's (NASDAQ:RIOT) Returns On Capital Are Heading Higher

May 27
Riot Blockchain's (NASDAQ:RIOT) Returns On Capital Are Heading Higher

Riot Blockchain: 79% Downside Potential Makes It A Beautiful Short Opportunity

May 10

Riot Blockchain: Capturing Bitcoin Share, Lowering Power Cost Through Whinstone Purchase

Apr 30

Riot Blockchain, Inc.'s (NASDAQ:RIOT) Has Found A Path To Profitability

Feb 10
Riot Blockchain, Inc.'s (NASDAQ:RIOT) Has Found A Path To Profitability

Blockchain players slide as doubt over crypto boom looms

Jan 13

Bitcoin tops $28.5K before paring gains; Riot leads Bitcoin stocks

Dec 30

Bitcoin stocks march on as BlackRock looks for VP of blockchain

Dec 28

Riot Blockchain expands Antminers portfolio via additional purchases; FY21 hash rate capacity seen rising

Dec 21

Shareholder Returns

RIOTUS SoftwareUS Market
7D18.3%6.6%2.9%
1Y-54.8%-17.7%-8.5%

Return vs Industry: RIOT underperformed the US Software industry which returned -17.7% over the past year.

Return vs Market: RIOT underperformed the US Market which returned -8.5% over the past year.

Price Volatility

Is RIOT's price volatile compared to industry and market?
RIOT volatility
RIOT Average Weekly Movement14.6%
Software Industry Average Movement9.5%
Market Average Movement6.8%
10% most volatile stocks in US Market17.6%
10% least volatile stocks in US Market2.8%

Stable Share Price: RIOT is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: RIOT's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1998335Jason Leshttps://www.riotplatforms.com

Riot Platforms, Inc., together with its subsidiaries, focuses on bitcoin mining operations in North America. It operates through Bitcoin Mining, Data Center Hosting, and Electrical Products and Engineering segments. As of December 31, 2021, it operated approximately 30,907 miners.

Riot Platforms, Inc. Fundamentals Summary

How do Riot Platforms's earnings and revenue compare to its market cap?
RIOT fundamental statistics
Market CapUS$1.25b
Earnings (TTM)-US$373.22m
Revenue (TTM)US$289.91m

4.3x

P/S Ratio

-3.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RIOT income statement (TTM)
RevenueUS$289.91m
Cost of RevenueUS$172.55m
Gross ProfitUS$117.37m
Other ExpensesUS$490.59m
Earnings-US$373.22m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-2.23
Gross Margin40.48%
Net Profit Margin-128.74%
Debt/Equity Ratio0%

How did RIOT perform over the long term?

See historical performance and comparison