Riot Platforms, Inc. (RIOT)Financial Services | Capital Markets | Castle Rock, United States | NasdaqCM
20.19 USD
-0.78
(-3.697%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 20.15 -0.04 (-0.040%) ⇩ (July 13, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 4:46 a.m. EDT
The fundamental picture is starkly negative for a traditional investor. The company is burning cash, reporting negative operating margins, and has a negative forward P/E, indicating it is currently destroying shareholder value. The balance sheet is fragile with debt significantly outweighing cash reserves. While the long-term price trajectory shows a massive gain over the last decade, the most recent annual data reveals a sharp decline, suggesting the market has recently reassessed the business quality downward. However, the short-term outlook is driven entirely by the Bitcoin narrative and speculative capital, not operational performance. The options data confirms this disconnect: traders are not buying standard momentum calls; they are placing massive bets on extreme moves (both up and down) far away from the current price. This creates a volatile, binary trading environment where the stock can surge on crypto rallies or crash on regulatory news, regardless of the company's actual earnings. For a value investor, this is a 'no' due to the deteriorating fundamentals and lack of dividends. For a trader, the setup is interesting but dangerous due to the low statistical reliability of short-term forecasts and the high beta. The stock is currently priced for perfection in the crypto sector, making it a high-risk, high-reward speculative vehicle rather than an investment. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.384683 |
| AutoTheta | 0.405877 |
| AutoETS | 0.406808 |
| AutoARIMA | 0.406817 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 28% |
| H-stat | 2.54 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 2.47 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2017-10-11 |
| Last Dividend Date | 2017-10-11 |
| Debt to Equity Ratio | 36.63 |
| Revenue per Share | 1.892 |
| Market Cap | 7,634,873,344 |
| Forward P/E | -28.91 |
| Beta | 3.81 |
| Profit Margins | -132.76% |
| Previous Name | Riot Blockchain, Inc. |
| Website | https://www.riotplatforms.com |
As of July 11, 2026, 4:46 a.m. EDT: Speculators are aggressively positioning for volatility rather than a specific directional outcome. Call Open Interest is heavily concentrated at distant strikes ($28, $32, $43), creating a 'long gamma' environment where the market expects a massive binary event but remains indifferent to the direction. Conversely, Put Open Interest is dense just below the current price ($17-$21), acting as a hard floor that limits downside while allowing unlimited upside. This structure suggests traders are betting on a high-volatility breakout rather than a steady trend.
| Date | Dividend | Yield % |
|---|---|---|
| 2017-10-12 | 1.0 | 12.195122 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.67585933 |
| Address1 | 3,855 Ambrosia Street |
| Address2 | Suite 301 |
| All Time High | 79.5 |
| All Time Low | 0.511 |
| Ask | 24.85 |
| Ask Size | 2 |
| Audit Risk | 7 |
| Average Analyst Rating | 1.4 - Strong Buy |
| Average Daily Volume10 Day | 17,601,500 |
| Average Daily Volume3 Month | 17,716,659 |
| Average Volume | 17,716,659 |
| Average Volume10Days | 17,601,500 |
| Beta | 3.812 |
| Bid | 18.0 |
| Bid Size | 6 |
| Board Risk | 6 |
| Book Value | 6.319 |
| City | Castle Rock |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 4 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 20.19 |
| Current Ratio | 1.078 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 20.93 |
| Day Low | 19.41 |
| Debt To Equity | 36.63 |
| Display Name | Riot Platforms |
| Dividend Date | 1,508,284,800 |
| Earnings Call Timestamp End | 1,777,581,000 |
| Earnings Call Timestamp Start | 1,777,581,000 |
| Earnings Timestamp | 1,777,579,200 |
| Earnings Timestamp End | 1,785,441,600 |
| Earnings Timestamp Start | 1,785,441,600 |
| Ebitda | -326,712,000 |
| Ebitda Margins | -0.50012 |
| Enterprise To Ebitda | -25.424 |
| Enterprise To Revenue | 12.715 |
| Enterprise Value | 8,306,392,576 |
| Eps Current Year | -1.25294 |
| Eps Forward | -0.69845 |
| Eps Trailing Twelve Months | -2.4 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,507,766,400 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.7043 |
| Fifty Day Average Change | -4.5142994 |
| Fifty Day Average Change Percent | -0.18273334 |
| Fifty Two Week Change Percent | 67.58593 |
| Fifty Two Week High | 30.32 |
| Fifty Two Week High Change | -10.129999 |
| Fifty Two Week High Change Percent | -0.33410287 |
| Fifty Two Week Low | 10.59 |
| Fifty Two Week Low Change | 9.6 |
| Fifty Two Week Low Change Percent | 0.9065156 |
| Fifty Two Week Range | 10.59 - 30.32 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,459,431,000,000 |
| Float Shares | 348,765,098 |
| Forward Eps | -0.69845 |
| Forward P E | -28.906864 |
| Free Cashflow | -445,848,640 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 816 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.32346 |
| Gross Profits | 211,304,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.076409996 |
| Held Percent Institutions | 0.809 |
| Implied Shares Outstanding | 378,151,230 |
| Industry | Capital Markets |
| Industry Disp | Capital Markets |
| Industry Key | capital-markets |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Dividend Date | 1,507,766,400 |
| Last Dividend Value | 1.0 |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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 customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado. |
| Long Name | Riot Platforms, Inc. |
| Market | us_market |
| Market Cap | 7,634,873,344 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1532998 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | -867,291,008 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 7,929,831,293 |
| Number Of Analyst Opinions | 20 |
| Open | 20.65 |
| Operating Cashflow | -633,518,976 |
| Operating Margins | -2.80494 |
| Overall Risk | 5 |
| Payout Ratio | 0.0 |
| Phone | 303 794 2000 |
| Post Market Change | -0.040100098 |
| Post Market Change Percent | -0.19861366 |
| Post Market Price | 20.1499 |
| Post Market Time | 1,783,987,133 |
| Prev Name | Riot Blockchain, Inc. |
| Previous Close | 20.965 |
| Price Eps Current Year | -16.1141 |
| Price Hint | 2 |
| Price To Book | 3.195126 |
| Price To Sales Trailing12 Months | 11.687217 |
| Profit Margins | -1.3276199 |
| Quick Ratio | 0.667 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.4 |
| Region | US |
| Regular Market Change | -0.775 |
| Regular Market Change Percent | -3.69664 |
| Regular Market Day High | 20.93 |
| Regular Market Day Low | 19.41 |
| Regular Market Day Range | 19.41 - 20.93 |
| Regular Market Open | 20.65 |
| Regular Market Previous Close | 20.965 |
| Regular Market Price | 20.19 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 15,994,533 |
| Return On Assets | -0.12109 |
| Return On Equity | -0.32486 |
| Revenue Growth | 0.036 |
| Revenue Per Share | 1.892 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Share Holder Rights Risk | 6 |
| Shares Outstanding | 378,151,230 |
| Shares Percent Shares Out | 0.143 |
| Shares Short | 54,086,307 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 62,365,371 |
| Short Name | Riot Platforms, Inc. |
| Short Percent Of Float | 0.1552 |
| Short Ratio | 3.4 |
| Source Interval | 15 |
| State | CO |
| Symbol | RIOT |
| Target High Price | 45.0 |
| Target Low Price | 20.0 |
| Target Mean Price | 29.498 |
| Target Median Price | 28.25 |
| Total Cash | 205,666,000 |
| Total Cash Per Share | 0.544 |
| Total Debt | 877,185,024 |
| Total Revenue | 653,267,008 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -2.4 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 18.450575 |
| Two Hundred Day Average Change | 1.7394257 |
| Two Hundred Day Average Change Percent | 0.09427488 |
| Type Disp | Equity |
| Volume | 15,994,533 |
| Website | https://www.riotplatforms.com |
| Zip | 80,109 |