(RIOT) Riot Blockchain - Overview
Stock: Bitcoin Mining, Power Distribution, Electrical Products, Installation Services
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 98.1% |
| Relative Tail Risk | -5.73% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.63 |
| Alpha | -8.80 |
| Character TTM | |
|---|---|
| Beta | 2.407 |
| Beta Downside | 2.017 |
| Drawdowns 3y | |
|---|---|
| Max DD | 69.00% |
| CAGR/Max DD | 0.56 |
Description: RIOT Riot Blockchain January 08, 2026
Riot Platforms, Inc. (NASDAQ: RIOT) is a U.S.–based Bitcoin mining firm that runs two business lines: (1) Bitcoin Mining, where it operates large-scale mining facilities in Texas (Rockdale and Navarro counties) and Kentucky (Paducah); and (2) Engineering, which designs, manufactures, and installs power-distribution and custom electrical equipment for industrial, utility, and data-center customers.
Key operational metrics as of the latest quarterly report show a total hash-rate of roughly 15 EH/s, a 30 % increase YoY, driven largely by the deployment of its proprietary “Whale” miners that deliver an average energy efficiency of ~30 J/TH. The company’s average electricity cost at its Texas sites is reported at $0.04 /kWh, well below the U.S. industrial average, giving it a cost-advantage in a sector where power pricing is the dominant driver of profitability.
Riot’s earnings are highly sensitive to Bitcoin’s spot price and to the broader regulatory environment for crypto mining in the United States. A 10 % rise in Bitcoin price historically translates into a ~15 % lift in Riot’s operating margin, while any policy shift that restricts access to cheap, renewable power could compress margins. The firm also benefits from the growing institutional demand for on-chain exposure, which fuels the need for “institution-scale” mining capacity.
For a deeper quantitative view, you might explore ValueRay’s model on RIOT to see how these drivers are priced into the stock.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 164.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.34 > 0.02 and ΔFCF/TA -6.77 > 1.0 |
| NWC/Revenue: 26.69% < 20% (prev 188.8%; Δ -162.1% < -1%) |
| CFO/TA -0.13 > 3% & CFO -565.8m > Net Income 164.0m |
| Net Debt (541.1m) to EBITDA (703.1m): 0.77 < 3 |
| Current Ratio: 1.47 > 1.5 & < 3 |
| Outstanding Shares: last quarter (403.2m) vs 12m ago 40.85% < -2% |
| Gross Margin: 39.55% > 18% (prev 0.24%; Δ 3931 % > 0.5%) |
| Asset Turnover: 17.22% > 50% (prev 10.71%; Δ 6.51% > 0%) |
| Interest Coverage Ratio: 20.43 > 6 (EBITDA TTM 703.1m / Interest Expense TTM 18.4m) |
Altman Z'' 4.23
| A: 0.04 (Total Current Assets 528.6m - Total Current Liabilities 358.5m) / Total Assets 4.48b |
| B: -0.15 (Retained Earnings -662.9m / Total Assets 4.48b) |
| C: 0.10 (EBIT TTM 376.7m / Avg Total Assets 3.70b) |
| D: 3.60 (Book Value of Equity 3.50b / Total Liabilities 974.1m) |
| Altman-Z'' Score: 4.23 = AA |
Beneish M -2.52
| DSRI: 0.46 (Receivables 28.6m/30.7m, Revenue 637.2m/312.9m) |
| GMI: 0.61 (GM 39.55% / 24.21%) |
| AQI: 1.67 (AQ_t 0.58 / AQ_t-1 0.35) |
| SGI: 2.04 (Revenue 637.2m / 312.9m) |
| TATA: 0.16 (NI 164.0m - CFO -565.8m) / TA 4.48b) |
| Beneish M-Score: -2.52 (Cap -4..+1) = A |
What is the price of RIOT shares?
Over the past week, the price has changed by -6.59%, over one month by -3.54%, over three months by -16.67% and over the past year by +24.46%.
Is RIOT a buy, sell or hold?
- StrongBuy: 9
- Buy: 6
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the RIOT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 26.9 | 86.1% |
| Analysts Target Price | 26.9 | 86.1% |
| ValueRay Target Price | 13.7 | -5.1% |
RIOT Fundamental Data Overview February 04, 2026
P/E Forward = 20.8768
P/S = 8.9398
P/B = 1.6433
Revenue TTM = 637.2m USD
EBIT TTM = 376.7m USD
EBITDA TTM = 703.1m USD
Long Term Debt = 586.5m USD (from longTermDebt, last quarter)
Short Term Debt = 259.4m USD (from shortTermDebt, last quarter)
Debt = 871.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 541.1m USD (from netDebt column, last quarter)
Enterprise Value = 6.24b USD (5.70b + Debt 871.9m - CCE 330.7m)
Interest Coverage Ratio = 20.43 (Ebit TTM 376.7m / Interest Expense TTM 18.4m)
EV/FCF = -4.04x (Enterprise Value 6.24b / FCF TTM -1.55b)
FCF Yield = -24.77% (FCF TTM -1.55b / Enterprise Value 6.24b)
FCF Margin = -242.5% (FCF TTM -1.55b / Revenue TTM 637.2m)
Net Margin = 25.74% (Net Income TTM 164.0m / Revenue TTM 637.2m)
Gross Margin = 39.55% ((Revenue TTM 637.2m - Cost of Revenue TTM 385.2m) / Revenue TTM)
Gross Margin QoQ = 39.26% (prev 40.49%)
Tobins Q-Ratio = 1.39 (Enterprise Value 6.24b / Total Assets 4.48b)
Interest Expense / Debt = 0.92% (Interest Expense 8.05m / Debt 871.9m)
Taxrate = 1.59% (1.69m / 106.2m)
NOPAT = 370.7m (EBIT 376.7m * (1 - 1.59%))
Current Ratio = 1.47 (Total Current Assets 528.6m / Total Current Liabilities 358.5m)
Debt / Equity = 0.25 (Debt 871.9m / totalStockholderEquity, last quarter 3.50b)
Debt / EBITDA = 0.77 (Net Debt 541.1m / EBITDA 703.1m)
Debt / FCF = -0.35 (negative FCF - burning cash) (Net Debt 541.1m / FCF TTM -1.55b)
Total Stockholder Equity = 3.22b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.43% (Net Income 164.0m / Total Assets 4.48b)
RoE = 5.09% (Net Income TTM 164.0m / Total Stockholder Equity 3.22b)
RoCE = 9.89% (EBIT 376.7m / Capital Employed (Equity 3.22b + L.T.Debt 586.5m))
RoIC = 9.42% (NOPAT 370.7m / Invested Capital 3.93b)
WACC = 12.94% (E(5.70b)/V(6.57b) * Re(14.78%) + D(871.9m)/V(6.57b) * Rd(0.92%) * (1-Tc(0.02)))
Discount Rate = 14.78% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 32.16%
Fair Price DCF = unknown (Cash Flow -1.55b)
EPS Correlation: 39.38 | EPS CAGR: -2.63% | SUE: 0.19 | # QB: 0
Revenue Correlation: 68.94 | Revenue CAGR: 20.03% | SUE: 0.82 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.01 | Chg30d=+0.073 | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=-0.04 | Chg30d=+0.570 | Revisions Net=+0 | Growth EPS=-184.6% | Growth Revenue=+13.5%