Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside- audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 2.85% fal ...

The market expects Riot Platforms, Inc. (RIOT) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be r ...

CASTLE ROCK, Colo., April 17, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announced today that it has scheduled its first quarter 2025 earnings conference call for Thursday, May 1, 2025, at 4:30 P.M. EST. During the call, Riot will discuss the results for the quarter ended March 31, 2025.This conference call will be available through the audio-only webcast, please use this link here to register. Parti ...

| | | | | | Comparison (%) | | | | --- | --- | --- | --- | --- | --- | --- | --- | | Metric | | March 2025 1February 2025 1March 2024 | | | Month/Month | | Year/Year | | Bitcoin Produced | 533 | 470 | 425 | 13 % | | 25 | % | | Average Bitcoin Produced per Day | 17.2 | 16.8 | 13.7 | 2 % | | 25 | % | | Bitcoin Held 2 | 19,223 | 18,692 | 8,490 | 3 % | | 126 | % | | Bitcoin Sold | - | - | - | N/A | | N/A | | | Bitcoin Sales - Net Proceeds | - | - | - | N/A | | N/A | | | Average Net Price per Bitcoin Sold | N/A ...

Riot Platforms Inc. RIOT just flashed a major warning signal, officially forming a Death Cross as its 50-day simple moving average sank below the 200-day moving average. While shares jumped 3.93% by early afternoon on Monday, the broader trend remains bearish – down 29.3% year to date and a 35.5% in the past year. Chart created using Benzinga Pro Read Also: Bitcoin Miners Core Scientific, Riot Platforms, CleanSpark, Iris Energy See Price Targets Slashed: Bernstein A Bearish Storm Brewing Technicals paint a ...

The most recent trading session ended with Riot Platforms, Inc. (RIOT) standing at $7.77, reflecting a -1.65% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a loss of 0.33% for the day. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq depreciated by 0.53%.The company's shares have seen a decrease of 11.63% over the last month, not keeping up with the Business Services sector's loss of 2.97% and the S&P 500's loss of 4.03%.The upc ...

Non-Binding Term Sheet Outlines Proposed Acquisition of Rhodium Assets at the Rockdale Facility and Mutual Release of All ClaimsCASTLE ROCK, Colo., March 21, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, announced entry into a non-binding term sheet outlining terms of a potential acquisition (the "Term Sheet") by Whinstone US, Inc., or an affiliate ("Whinstone"), a wholly-owned subsidiary of Riot, of specific a ...

Comparison (%) Metric February 2025 1 January 2024 1 February 2024 Month/Month Year/Year Bitcoin Produced 470 527 418 -11 % 12 % Average Bitcoin Produced per Day 16.8 17.0 14.4 -1 % 16 % Bitcoin Held 2 18,692 18,221 8,067 3 % 132 % </tr ...

Bitcoin Mining Performance - As of December 31, 2024, the total deployed hash rate for the Bitcoin Mining segment increased to 31.5 EH/s, up from 12.4 EH/s as of December 31, 2023, representing a growth of approximately 154.0%[25]. - The company mined 4,828 Bitcoin in 2024, a decrease of 27.1% compared to 6,626 Bitcoin mined in 2023, attributed to increased network difficulty and the halving event[25][47]. - The company anticipates a total hash rate of approximately 38.4 EH/s by the end of 2025, based on existing operations and expected miner deliveries[25]. - The Bitcoin reward for solving a block was halved from 6.25 to 3.125 Bitcoin in April 2024, impacting the supply dynamics in the market[46]. - Bitcoin Mining production decreased from 6,626 Bitcoin in 2023 to 4,828 Bitcoin in 2024, representing a decrease of approximately 27.1%[92]. - Bitcoin Mining revenue for the years ended December 31, 2024, and 2023 was $321.0 million and $189.0 million, respectively, indicating a significant increase in revenue[403]. - Bitcoin Mining revenue increased to $321,002,000 in 2024, up 69.8% from $188,996,000 in 2023[417]. Strategic Developments - A long-term agreement with MicroBT was established to secure immersion miners, with a total purchase price of approximately $550.1 million for miners with a hash rate of 31.4 EH/s[30]. - The company acquired E4A Solutions in December 2024, enhancing its engineering capabilities and supporting its vertically integrated strategy[39]. - The Corsicana Facility is being developed to expand Bitcoin mining capabilities, with an expected capacity of 1 GW upon completion[62]. - Phase I of the Corsicana Facility includes 400 MW of immersion-cooled Bitcoin mining infrastructure, completed by December 31, 2024[63]. - The company is continuously exploring strategic growth opportunities to capitalize on market conditions and enhance its competitive position in the Bitcoin mining industry[51]. Financial Performance - Riot Platforms, Inc. reported total revenue of $376,658,000 for the year ended December 31, 2024, representing a 34.1% increase from $280,678,000 in 2023[417]. - The company achieved an operating income of $153,590,000 in 2024, compared to an operating loss of $63,047,000 in 2023[417]. - Net income for 2024 was $109,401,000, a significant improvement from a net loss of $49,472,000 in 2023[419]. - Cash and cash equivalents decreased to $277,860,000 as of December 31, 2024, down from $597,169,000 in 2023[415]. - Total assets increased to $3,935,307,000 in 2024, compared to $2,051,080,000 in 2023, reflecting a growth of 91.5%[415]. - The company's total liabilities rose to $791,622,000 in 2024, up from $163,058,000 in 2023[415]. - The company’s total stockholders' equity increased to $3,143,685,000 in 2024, up from $1,888,022,000 in 2023[415]. Market and Regulatory Environment - The price of Bitcoin saw significant increases in 2024, driven by the approval of Bitcoin spot ETFs, with one ETF surpassing $10 billion in assets under management shortly after launch[42]. - The SEC approved a series of spot Bitcoin exchange-traded funds in January 2024, leading to billions of dollars in inflows[76]. - The company is monitoring potential regulatory developments affecting Bitcoin mining and related energy consumption in Texas and Kentucky[72]. - The company has diversified banking relationships to mitigate potential regulatory risks associated with financial services in the digital asset industry[74]. Operational Efficiency - The company is focused on vertical integration to enhance operational control and reduce costs, which is critical in a competitive mining environment[49][50]. - Immersion cooling technology is being evaluated to improve mining efficiency and increase hash rate without solely relying on new miner purchases[33][36]. - Global supply chain logistics have caused delays, but the company has effectively mitigated impacts on miner deployment schedules[66]. - The company voluntarily curtailed energy consumption during extreme weather events to stabilize the electrical grid, benefiting from the difference in power costs[83]. Employee and Talent Management - As of December 31, 2024, the total workforce consisted of approximately 783 employees, with 629 in engineering, construction, manufacturing, and Bitcoin Mining operations[84]. - The company implemented a long-term performance incentive program for employees, aligning their interests with long-term organizational objectives[85]. - The company aims to maintain competitive compensation and benefits, including medical, dental, and vision insurance, as well as paid leave[91]. - The company actively seeks to attract top talent from diverse backgrounds to foster career growth and retention[88]. - The company recognizes the importance of leadership development and offers training to encourage employee ownership of their impact on success[87]. Asset Management - The company’s Bitcoin is held in cold storage by NYDIG and Coinbase, with no exposure to bankrupt digital asset exchanges[55]. - The balance of Bitcoin as of December 31, 2024, was 17,722 Bitcoin, valued at $1,654,468[92]. - During 2024, the Company made a strategic decision to halt the sale of its Bitcoin production and increase its Bitcoin holdings, classifying Bitcoin as a non-current asset on its Consolidated Balance Sheet[444]. Risk Management - The company’s market risk exposure includes the volatility of Bitcoin prices, which could materially affect revenue and net income[390]. - A 10% increase in the price of Bitcoin could result in an increase in net income of $108.9 million for the year ended December 31, 2024, compared to $48.9 million for 2023[391]. - The company’s sensitivity to power price changes indicates a potential increase in net income of $44.4 million with a 10% increase in future power prices for the year ended December 31, 2024[392]. Accounting and Reporting - The company’s internal control over financial reporting was found to be effective as of December 31, 2024, according to the independent auditor's report[398]. - The company’s financial statements for 2024 and 2023 were audited and presented fairly in all material respects[396]. - The company recognizes acquisition-related expenses separately from the business combination and expenses them as incurred[477]. - The company measures its equity method marketable equity securities at fair value at each balance sheet date, with unrealized holding gains and losses recorded in other income (expense)[480].

Riot Platforms, Inc. (RIOT) has dipped 19% in the past six months against the industry's 47% growth. This aligns with other crypto-focused stocks, such as Cipher Mining (CIFR) , which is down 37%, and Marathon Digital (MARA) , which has declined 54% in the past six months. Image Source: Zacks Investment ResearchWith RIOT’s recent pullback, investors might see this as a buying opportunity. But is now the right time to invest in RIOT? Let’s dive in.Trump’s Policies Should Propel Bitcoin and RIOTBitcoin's valu ...