NASDAQ: RIOT
Riot Platforms, Inc.
Technology · Hardware, Equipment & Parts
Market Cap
$8.39B
52w High
$30.32
52w Low
$10.95
P/E
-9.44
Volume
5.02M
Outstanding Shares
378.15M
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock rose 90.49% over the last year. Revenue grew 42.4% over the trailing twelve months. Operating margin moved from -29.19% to -70.23%. Free cash flow grew 28.07% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 0th percentile of their historical P/E range.
What would invalidate this read
Operating margin is at -70.23%. Revenue grew 42.4% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Riot Platforms, Inc., along with its associated companies, primarily operates as a Bitcoin mining enterprise within the United States.
Valuation
Stock splits
Every 8 shares became 1
Every 6 shares became 1
Every 5 shares became 1
Profitability & growth
Analyst consensus
17
Buy
1
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 5, 2026
Q4 FY26 · EPS est -$0.29 · Revenue est $154.29M
View