Riot Platforms, Inc. RIOT
Finance: Consumer Services · data as of November 13, 2026
Riot Platforms, Inc. (RIOT) is a financial company listed in the US with a market value of about $6.6B. In the twelve months to September 30, 2026 it had revenue of $676M and net income of -$1.4B, a net margin of -210.8%.
Its overall Stock Analiz score is 1.2 out of 5 (weak). The strongest part is future growth (3/5); the weakest is value (0/5).
Key numbers: 5-year revenue growth of 122% a year, a 5-year average ROIC of -12%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 91% below the current price.
Score: 1.2 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- More cash than debt, or low debt to equity
- Liabilities below 60% of assets
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 6 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $676M | $647M | $377M | $281M | $259M | $213M | $12M |
| Net income | -$1.4B | -$663M | $109M | -$49M | -$510M | -$15M | -$14M |
| Free cash flow | -$901M | -$774M | -$495M | -$161M | -$148M | -$233M | -$11M |
| EPS (diluted) | $-4.14 | $-1.95 | $0.34 | $-0.28 | $-3.65 | $-0.17 | $-0.33 |
| Net margin | -210.8% | -102.4% | 29.0% | -17.6% | -196.6% | -7.2% | -116.8% |
| ROIC | — | -16.7% | 4.1% | -3.0% | -42.7% | -1.7% | -4.5% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 22 analysts is $32.24, 84% above the current price; targets range from $19.00 to $50.00; the consensus rating is “Strong buy”; expected EPS is $-1.70 for the fiscal year ending December 31, 2026.
Frequently asked questions
Is Riot Platforms stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 91% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Riot Platforms pay a dividend?
Not currently.
Is Riot Platforms a good stock to buy?
We do not give buy or sell advice. Riot Platforms scores 1.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.