company background image
RIOT logo

Riot Platforms NasdaqCM:RIOT Stock Report

Last Price

US$11.59

Market Cap

US$3.5b

7D

-8.7%

1Y

-35.4%

Updated

23 Jul, 2024

Data

Company Financials +

Riot Platforms, Inc.

NasdaqCM:RIOT Stock Report

Market Cap: US$3.5b

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$11.59
52 Week HighUS$19.20
52 Week LowUS$7.80
Beta4.16
11 Month Change21.36%
3 Month Change-2.44%
1 Year Change-35.43%
33 Year Change-63.37%
5 Year Change506.81%
Change since IPO-98.07%

Recent News & Updates

A Look At The Fair Value Of Riot Platforms, Inc. (NASDAQ:RIOT)

Jul 16
A Look At The Fair Value Of Riot Platforms, Inc. (NASDAQ:RIOT)

What You Can Learn From Riot Platforms, Inc.'s (NASDAQ:RIOT) P/S

Jun 21
What You Can Learn From Riot Platforms, Inc.'s (NASDAQ:RIOT) P/S

Recent updates

A Look At The Fair Value Of Riot Platforms, Inc. (NASDAQ:RIOT)

Jul 16
A Look At The Fair Value Of Riot Platforms, Inc. (NASDAQ:RIOT)

What You Can Learn From Riot Platforms, Inc.'s (NASDAQ:RIOT) P/S

Jun 21
What You Can Learn From Riot Platforms, Inc.'s (NASDAQ:RIOT) P/S

Riot Platforms: Inefficient Post Halving

Apr 23

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

Shareholder Returns

RIOTUS SoftwareUS Market
7D-8.7%-1.8%-1.6%
1Y-35.4%22.6%19.8%

Return vs Industry: RIOT underperformed the US Software industry which returned 22.6% over the past year.

Return vs Market: RIOT underperformed the US Market which returned 19.8% over the past year.

Price Volatility

Is RIOT's price volatile compared to industry and market?
RIOT volatility
RIOT Average Weekly Movement11.5%
Software Industry Average Movement7.2%
Market Average Movement5.9%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.9%

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

Volatility Over Time: RIOT's weekly volatility (12%) 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$3.53b
Earnings (TTM)US$143.79m
Revenue (TTM)US$286.74m

23.3x

P/E Ratio

11.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RIOT income statement (TTM)
RevenueUS$286.74m
Cost of RevenueUS$238.31m
Gross ProfitUS$48.43m
Other Expenses-US$95.37m
EarningsUS$143.79m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 31, 2024

Earnings per share (EPS)0.50
Gross Margin16.89%
Net Profit Margin50.15%
Debt/Equity Ratio0.03%

How did RIOT perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.