# Riot Platforms, Inc. Common Stock (RIOT) stock analysis and sentiment

Canonical page: https://synoptiv.com/stock/RIOT
Methodology: https://synoptiv.com/methodology
Author: Synoptiv Research Engine

Last analyzed: Sep 11, 2026

Riot Platforms, Inc. Common Stock (RIOT) last closed at $22.07, around the middle of its 52-week range of $11.50–$30.32. Composite market sentiment across 1 analysis is positive (+14 on a −100 to +100 scale), as of Sep 11, 2026.

## What the data says

At $22.07 as of September 10, 2026, the stock sits roughly in the middle-to-upper part of a 52-week range that runs from $11.50 to $30.32 — the current price is about 92% above the low and about 27% below the high. A range that wide, with the high nearly triple the low, describes a stock that has traded across a very broad band over the past year rather than settling into a narrow one. A beta of 3.83 is consistent with that: the shares have historically moved several times as much as the broader market in both directions.

The market is capitalizing the business at about $7.9 billion, or roughly 3.6 times book value, while the company is not currently profitable. The forward P/E of -22.4 is negative because earnings are expected to remain below zero, so the multiple carries no conventional meaning as a measure of cheapness. The trailing profit margin of -196% indicates net losses running at close to twice revenue, even as revenue grew about 13.9%. In other words, the valuation rests on the balance sheet and on expectations rather than on current earnings, which is what the price-to-book figure — rather than the earnings multiple — is measuring.

Recent headlines are weighted toward the sector rather than the company. Only two of the eight items name Riot directly: an August 31 piece on Wall Street analyst opinion, and an August 9 notice rescheduling the second-quarter 2026 earnings conference call. The remainder track peers — Applied Digital, HIVE Digital, Iren, Cipher, and Keel Infrastructure — and cluster around two recurring themes through the spring and summer of 2026: pivots toward AI data center capacity, and convertible note financings used to fund them. The flow reads as coverage of an industry-wide shift that Riot is grouped into, more than as news specific to its own operations.

## About Riot Platforms, Inc. Common Stock

Riot Platforms, Inc. is a U.S. bitcoin mining company that also operates an engineering business. Its mining segment runs large-scale data center facilities, where the company develops and maintains the power and infrastructure needed for mining operations and related hosting services.

The engineering segment designs and manufactures power distribution equipment and engineered-to-order electrical products, and provides design, manufacturing, and installation services for electricity distribution systems. Its customers include large industrial and government buyers, along with the data center, power generation, utility, water, and alternative energy markets. The company was founded in 2000 and is headquartered in Castle Rock, Colorado.

## Company profile

- Symbol: RIOT
- Exchange: NASDAQ
- Security type: Stock
- Sector: Financial Services
- Industry: Capital Markets
- Composite sentiment: positive (14 on a -100 to +100 scale)

## Key statistics

| Metric | Value |
| --- | ---: |
| Market capitalization | $7.86B |
| Enterprise value | $8.27B |
| Forward P/E | -22.4 |
| Price to book | 3.61 |
| Price to sales | 11.66 |
| Beta | 3.83 |
| Net margin | -1.96% |
| Revenue growth | 13.90% |
| 52-week high | $30.32 |
| 52-week low | $11.50 |
| Average volume | 18.45M |

## Related stocks

- [BSY](https://synoptiv.com/stock/BSY)
- [IDCC](https://synoptiv.com/stock/IDCC)
- [WULF](https://synoptiv.com/stock/WULF)
- [PCOR](https://synoptiv.com/stock/PCOR)
- [DBX](https://synoptiv.com/stock/DBX)
- [YOU](https://synoptiv.com/stock/YOU)
- [APPF](https://synoptiv.com/stock/APPF)
- [PLTR](https://synoptiv.com/stock/PLTR)

## Recent news

- [Sui leads way as large cryptocurrencies decline](https://www.marketwatch.com/data-news/sui-leads-way-as-large-cryptocurrencies-decline-f9bdee97-a0c3e9e52bfa?mod=mw_FV) — Sep 10, 2026
- [Large cryptocurrencies mixed as XRP climbs](https://www.marketwatch.com/data-news/large-cryptocurrencies-mixed-as-xrp-climbs-997a6772-cca34b8b4729?mod=mw_FV) — Sep 9, 2026
- [Why the Market Dipped But Riot Platforms, Inc. (RIOT) Gained Today](https://finance.yahoo.com/markets/stocks/articles/why-market-dipped-riot-platforms-214506665.html) — Sep 8, 2026
- [Sui leads way as most big cryptocurrencies post declines](https://www.marketwatch.com/data-news/sui-leads-way-as-most-big-cryptocurrencies-post-declines-ee7d57e4-45d9069714c0?mod=mw_FV) — Sep 8, 2026
- [APLD Slides 36% in 3 Months: Should Investors Exit or Hold the Stock?](https://www.zacks.com/stock/news/2985686/apld-slides-36-in-3-months-should-investors-exit-or-hold-the-stock?cid=CS-ZC-FT-analyst_blog|most_popular_stocks-2985686) — Sep 7, 2026
- [Large cryptocurrencies drop on Sui, XRP decreases](https://www.marketwatch.com/data-news/large-cryptocurrencies-drop-on-sui-xrp-decreases-e7cb1bcf-ae1180e9e1ab?mod=mw_FV) — Sep 4, 2026
- [What Are You Actually Buying In Applied Digital Stock?](https://www.trefis.com/articles/614232/what-are-you-actually-buying-in-applied-digital-stock/2026-09-03) — Sep 4, 2026
- [Investor Who Went 30 Years Without a Loss Just Bet $125 Million on Bitcoin](https://beincrypto.com/druckenmiller-125-million-bitcoin-miners/) — Sep 3, 2026
- [Riot Platforms Stock Could Extend Today's Rally](https://finance.yahoo.com/markets/stocks/articles/riot-platforms-stock-could-extend-183759019.html) — Sep 3, 2026
- [Shares of crypto-linked stocks are trading higher as Bitcoin prices hit $80,000 amid lower yields and a weaker dollar. Fed's Waller's comments that he is inclined to support holding interest rates steady may have further supported the speculative asset by easing concerns about tighter monetary policy and improving risk appetite.](https://www.benzinga.com/quote/XRP) — Sep 3, 2026

## Frequently asked questions

### What is the current market sentiment for RIOT?

As of Sep 11, 2026, Riot Platforms, Inc. Common Stock (RIOT) carries positive (+14 on a −100 to +100 scale) composite sentiment. The score fuses recent news tone, analyst recommendations, technical posture, insider and congressional activity, and market attention into a single figure. The full breakdown of each component is in the report.

### How has RIOT stock been performing?

Riot Platforms, Inc. Common Stock last closed at $22.07, around the middle of its 52-week range of $11.50–$30.32.

### What is RIOT's market cap and valuation?

Riot Platforms, Inc. Common Stock has a market capitalization of about $7.86B.

### What sector is RIOT in, and who are its competitors?

Riot Platforms, Inc. Common Stock operates in the Financial Services sector, specifically Capital Markets. Comparable companies include BSY, IDCC, WULF, PCOR, DBX.

### Where can I find a full analysis of RIOT?

The full RIOT report covers the bull and bear cases, technical signals with entry, stop and target levels, complete financial statements, earnings history, insider and congressional trades, and the conditions that would invalidate the thesis. It requires a free account.

## Important information

This page is generated from public market and company information. Data can be delayed, incomplete, or wrong. It is research and analysis, not financial advice.

- [Methodology](https://synoptiv.com/methodology)
- [Disclosures](https://synoptiv.com/disclosures)
- [Full report](https://synoptiv.com/stock/RIOT/v/1) (account and access required)