Riot Platforms Inc RIOT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Bitcoin's selloff sends crypto-related stocks sharply lower
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RIOT ANNOUNCES JUNE 2024 PRODUCTION AND OPERATIONS UPDATES
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Riot Platforms Drops Bitfarms Bid, Calls for Board Shakeup
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Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board
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Riot Platforms, Inc. Reports Beneficial Ownership of 14% in Bitfarms Ltd.
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Riot Comments on Bitfarms’ Adoption of Shareholder-Unfriendly Poison Pill
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Riot Platforms, Inc. Reports Beneficial Ownership of 12% in Bitfarms Ltd.
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Riot Announces May 2024 Production and Operations Updates
Trading Information
- Previous Close Price
- $9.57
- Day Range
- $9.04–9.64
- 52-Week Range
- $7.80–20.65
- Bid/Ask
- $9.60 / $9.64
- Market Cap
- $2.78 Bil
- Volume/Avg
- 19.7 Mil / 22.7 Mil
Key Statistics
- Price/Earnings (Normalized)
- 13.32
- Price/Sales
- 6.66
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment which generates revenue from the Bitcoin the company earns through its mining activities.
- Sector
- Financial Services
- Industry
- Capital Markets
- Stock Style Box
- Small Growth
- Total Number of Employees
- 534
- Website
- https://www.riotplatforms.com
Comparables
Valuation
|
Metric
|
RIOT
|
CIFR
|
ABIT
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.32 | 12.49 | — |
Price/Book Value | 1.04 | 2.40 | — |
Price/Sales | 6.66 | 8.18 | — |
Price/Cash Flow | 39.04 | — | — |
Price/Earnings
RIOT
CIFR
ABIT
Financial Strength
|
Metric
|
RIOT
|
CIFR
|
ABIT
|
|---|---|---|---|
Quick Ratio | 7.73 | 2.90 | 0.01 |
Current Ratio | 8.47 | 8.08 | 0.01 |
Interest Coverage | — | 15.47 | −21.05 |
Quick Ratio
RIOT
CIFR
ABIT
Profitability
|
Metric
|
RIOT
|
CIFR
|
ABIT
|
|---|---|---|---|
Return on Assets (Normalized) | −5.34% | 20.67% | −4,665.63% |
Return on Equity (Normalized) | −5.80% | 24.24% | — |
Return on Invested Capital (Normalized) | −6.69% | 23.13% | — |
Return on Assets
RIOT
CIFR
ABIT
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