Riot Platforms, Inc. (RIOT)

NASDAQ: RIOT · Real-Time Price · USD
24.08
-0.03 (-0.12%)
At close: May 8, 2026, 4:00 PM EDT
24.05
-0.03 (-0.12%)
After-hours: May 8, 2026, 7:59 PM EDT
Market Cap9.11B +233.8%
Revenue (ttm)653.27M +42.4%
Net Income-867.29M
EPS-1,925.01
Shares Out 378.15M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume17,796,285
Open24.41
Previous Close24.11
Day's Range23.14 - 24.47
52-Week Range7.93 - 24.47
Beta3.74
AnalystsStrong Buy
Price Target25.79 (+7.1%)
Earnings DateApr 30, 2026

About RIOT

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. It operates in two segments, Bitcoin Mining and Engineering. The company offers comprehensive and critical infrastructure for bitcoin mining and data center services at its facilities. The company also designs and manufactures power distribution equipment and engineered-to-order electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale industrial and governmental custom... [Read more]

Sector Financials
Founded 2000
Employees 816
Stock Exchange NASDAQ
Ticker Symbol RIOT
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 14 analysts, the average rating for RIOT stock is "Strong Buy." The 12-month stock price target is $25.79, which is an increase of 7.10% from the latest price.

Price Target
$25.79
(7.10% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Riot Platforms price target raised to $25 from $23 at H.C. Wainwright

H.C. Wainwright analyst Mike Colonnese raised the firm’s price target on Riot Platforms (RIOT) to $25 from $23 and keeps a Buy rating on the shares. The company reported stronger

3 days ago - TheFly

Terrestrial Energy, Riot Platforms collaborate over nuclear-powered data centers

Terrestrial Energy (IMSR) and Riot Platforms (RIOT) announced a collaboration to develop a best-in-class pairing of future data centers with co-located advanced nuclear plants. As partners, Riot and T...

Other symbols: IMSR
3 days ago - TheFly

Terrestrial Energy and Riot Platforms Launch Collaboration to Develop Nuclear-Powered Large-Scale Data Center Projects

CHARLOTTE, N.C. & CASTLE ROCK, Colo.--(BUSINESS WIRE)--Terrestrial Energy Inc. (NASDAQ: IMSR) (“Terrestrial Energy”), a developer of small modular nuclear power plants using its Generation IV Integral...

Other symbols: IMSR
4 days ago - Business Wire

Mixed options sentiment in Riot Blockchain with shares up 7.82%

Mixed options sentiment in Riot Blockchain (RIOT), with shares up $1.46, or 7.82%, near $20.14. Options volume running well above average with 137k contracts traded and puts leading calls for

4 days ago - TheFly

Should You Buy Or Sell RIOT Stock At $19?

Recently, RIOT Platforms (RIOT) experienced a remarkable increase of 36% within a single month, reaching a trading value of $18, significantly influenced by Bitcoin's (BTC) recovery in spot price towa...

5 days ago - Forbes

Riot Platforms price target raised to $23 from $20 at Cantor Fitzgerald

Cantor Fitzgerald analyst Brett Knoblauch raised the firm’s price target on Riot Platforms to $23 from $20 and keeps an Overweight rating on the shares. Riot (RIOT) reported its first

8 days ago - TheFly

Riot Platforms price target lowered to $38 from $42 at Roth Capital

Roth Capital analyst Darren Aftahi lowered the firm’s price target on Riot Platforms (RIOT) to $38 from $42 and keeps a Buy rating on the shares after its Q1 results.

9 days ago - TheFly

Riot Platforms price target raised to $26 from $25 at Clear Street

Clear Street raised the firm’s price target on Riot Platforms (RIOT) to $26 from $25 and keeps a Buy rating on the shares. The firm remains positive on Riot following

9 days ago - TheFly

Riot Platforms Earnings Call Transcript: Q1 2026

Q1 2026 marked a pivotal shift to data center operations, highlighted by AMD's 25 MW expansion and strong progress at Corsicana. Revenue reached $167M, with high-margin lease income scaling and robust Bitcoin mining performance. Growth is funded by Bitcoin sales and cash flow.

9 days ago - Transcripts

Riot Platforms reports Q1 revenue $167.2M, consensus $130.58M

Reports Q1 production 1,473 bitcoin. “The first quarter of 2026 marks a definitive inflection point for Riot, as we officially transitioned into an active, revenue-generating data center operator,” sa...

9 days ago - TheFly

Riot Platforms Reports First Quarter 2026 Financial Results and Strategic Highlights

CASTLE ROCK, Colo., April 30, 2026 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers an...

9 days ago - GlobeNewsWire

Mixed options sentiment in Riot Blockchain with shares down 5.91%

Mixed options sentiment in Riot Blockchain (RIOT), with shares down 98c near $15.59. Options volume roughly in line with average with 27k contracts traded and calls leading puts for a

10 days ago - TheFly

Mixed options sentiment in Riot Blockchain with shares down 9.22%

Mixed options sentiment in Riot Blockchain (RIOT), with shares down $1.69 near $16.59. Options volume relatively light with 62k contracts traded and calls leading puts for a put/call ratio of

11 days ago - TheFly

Chardan puts Buy ratings on three center infrastructure operators

Chardan analyst Bill Papanastasiou last night initiated coverage of Galaxy Digital (GLXY), Keel Infrastructure (KEEL) and Riot Platforms (RIOT) with Buy ratings and price targets of $35, $4.50, and $2...

Other symbols: KEEL
13 days ago - TheFly

Riot Platforms initiated with a Buy at Chardan

Chardan initiated coverage of Riot Platforms (RIOT) with a Buy rating and $27.50 price target

13 days ago - TheFly

Riot Announces First Quarter 2026 Earnings Conference Call

CASTLE ROCK, Colo., April 16, 2026 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers an...

23 days ago - GlobeNewsWire

Riot Announces First Quarter 2026 Production and Operations Updates

CASTLE ROCK, Colo., April 02, 2026 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers an...

5 weeks ago - GlobeNewsWire

Riot Platforms Earnings Call Transcript: Q4 2025

2025 saw a strategic pivot to data center development, highlighted by a major AMD lease and record Bitcoin mining revenue. The company leveraged its large, approved power portfolio and internal engineering to deliver on aggressive timelines, while maintaining strong financial flexibility and targeting further growth in 2026.

2 months ago - Transcripts

Riot Announces Fourth Quarter and Year-End 2025 Earnings Conference Call

CASTLE ROCK, Colo., Feb. 20, 2026 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers and...

2 months ago - GlobeNewsWire

Starboard presses Riot Platforms to speed up AI data center push

Activist investor Starboard Value on Wednesday pressed Riot Platforms to speed up AI data center deals, saying the bitcoin miner is well-positioned to capitalize on booming demand for artificial intel...

2 months ago - Reuters

Starboard Delivers Letter to Riot Platforms

NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard”), a significant stockholder of Riot Platforms, Inc. (“Riot Platforms”, “Riot”, or the “Company”) (NASDAQ: RIOT)...

2 months ago - Business Wire

Why Did Riot Stock Move 40%?

Riot Platforms stock (NASDAQ RIOT) has emerged as one of the most closely monitored turnaround narratives in the market lately, with the stock soaring higher—approximately 40% since the beginning of t...

3 months ago - Forbes

Riot Platforms Transcript: Status update

Announced full ownership of Rockdale, unlocking 700 MW for data center development, and secured a 25 MW, 10-year lease with AMD, with options up to 200 MW. The deal is funded by Bitcoin sales, supports rapid, cost-efficient deployment, and validates the team’s execution and growth strategy.

4 months ago - Transcripts

Riot Announces Fee Simple Acquisition of Land and First Data Center Lease with AMD at the Rockdale Site

CASTLE ROCK, Colo., Jan. 16, 2026 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers and...

4 months ago - GlobeNewsWire

Lawmakers are preparing to try again on major crypto bill. Why it matters and what happens next

Two Senate committees will hold hearings Thursday to work on their parts of a crypto market structure bill. The drafts will be merged to create one big bill, which will go to the Senate floor for a vo...

4 months ago - CNBC