RIOT

Riot Platforms, Inc.

Fundamental data last updated:October 6, 2026

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company profile

SECTOR

Financial Services

industry

Financial - Capital Markets

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale commercial 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.

 


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VALUATION

P/E

-10.87

Market Cap ($M USD)

$10.25B

Forward P/E

28.54

PEG

0.21

PRICE TO SALES

15.69

PRICE TO BOOK

3.94

EV / EBITDA

-112.10

5-Year Average P/E

Free Cash Flow Yield

-9.98%

DCF Value

$-24.09

Graham Number

N/A

Price to FCF

-10.02

EV to FCF

-10.10

Earnings Yield

-9.20%

FCF Yield

-9.98%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$2.49

Next Year EPS Growth Estimate

$0.95

Next Year Revenue Growth Estimate

$2.80B

Return on Equity (ROE)

-28.78%

FREE CASH FLOW

Operating Margin

-70.23%

Debt-to-Equity

0.10

Piotroski F-Score

3

Altman Z-Score

4.90

Return on Invested Capital (ROIC)

-15.25%

Current Ratio

1.08

Quick Ratio

1.08

Net Debt to EBITDA

-0.91

Interest Coverage

-18.76

Gross Profit margin

-23.77%

FCF PER SHARE

$-2.94

REVENUE PER SHARE

$1.88

Analyze RIOT on TradingView

Gainseekers Quantitative Analysis

Summary

The market’s current valuation of Riot Platforms, Inc. seems to be a paradox. Despite a negative DCF value, the stock has been trading at a level that suggests optimism, possibly driven by its low Forward P/E of 1.98 and a PEG ratio that screams deep value at 0.0034. The Altman Z-score of 4.25 indicates financial stability, yet the negative earnings yield and ROIC highlight inefficiencies. The company’s financial health is a mixed bag, with a high market cap juxtaposed against troubling profitability metrics.

AI Exposure / Tech Reliance

Operating within the Financial - Capital Markets industry, Riot Platforms is strategically positioned to leverage AI and tech advancements. Its sector is ripe for innovation, allowing for potential growth through tech-driven efficiencies. However, execution will be key to capitalizing on these opportunities.

The Bull Case

For the value-driven investor, Riot Platforms offers a tantalizing prospect. The Forward P/E and PEG suggest significant growth potential, while the low Debt/Equity ratio of 0.098 provides a cushion of safety. Although the Piotroski F-Score is modest at 3, the Altman Z-score reassures financial stability. The company's ability to potentially turn around its margins could unlock substantial value.

The Bear Case

Riot Platforms faces significant structural risks, particularly with its negative EPS and operating margin of -70.23%. The Price/Sales ratio of 13.94 and Price/Book of 3.50 indicate a potentially overvalued stock, especially given its proximity to the 52-week high. The negative FCF Yield and Price to FCF ratio further underscore cash flow concerns, making it a risky bet for those wary of overextension.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$27.25

Institutional Ownership %

1-Year Beta

3.74

Insider Buying % (6 Mo)

Distance to 52-Week High

5.27%

Distance to 52-Week Low

70.53%

EARNINGS SURPRISE %

-336.36%

50-DAY SMA

$19.01

200-DAY SMA

$16.84

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.