Company Performance - Riot Platforms, Inc. closed at $12.27, reflecting a +0.33% change from the previous trading day's closing, outperforming the S&P 500 which lost 0.01% [1] - Over the last month, the company's shares decreased by 7.98%, underperforming the Business Services sector's gain of 15.7% and the S&P 500's gain of 4.88% [2] Upcoming Earnings - The earnings report for Riot Platforms, Inc. is scheduled for February 24, 2025, with analysts expecting earnings of -$0.27 per share, indicating a year-over-year decline of 156.25% [3] - The consensus estimate projects revenue of $129.3 million, reflecting a 64.02% increase from the same quarter last year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for Riot Platforms, Inc. indicate short-term business trends, with positive revisions suggesting optimism about the company's outlook [4] - The Zacks Rank system, which assesses stock performance based on estimate changes, currently ranks Riot Platforms, Inc. at 3 (Hold) [6] - Over the last 30 days, the Zacks Consensus EPS estimate has decreased by 28.75% [6] Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 72, placing it in the top 29% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Points - Riot Platforms, Inc. is an industry leader in vertically integrated Bitcoin mining and has scheduled its fourth quarter and year-end 2024 earnings conference call for February 24, 2025, at 4:30 P.M. EST [1] - The company operates Bitcoin mining facilities in central Texas and Kentucky, along with electrical switchgear engineering and fabrication operations in Denver, Colorado [4] - Riot's vision is to become the world's leading Bitcoin-driven infrastructure platform, focusing on innovative solutions and strong community partnerships [3] Company Overview - Riot Platforms, Inc. is focused on a vertically integrated strategy in Bitcoin mining and digital infrastructure [4] - The company aims to positively impact the sectors, networks, and communities it engages with [3] - For more information about the company, visit their website at www.riotplatforms.com [4]

Riot Platforms, Inc. (RIOT) closed at $11.64 in the latest trading session, marking a +0.26% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.95%. Meanwhile, the Dow experienced a drop of 0.99%, and the technology-dominated Nasdaq saw a decrease of 1.36%.The the stock of company has fallen by 3.41% in the past month, lagging the Business Services sector's gain of 8.87% and the S&P 500's gain of 1.86%.The investment community will be closely monitoring the perfo ...

Group 1 - Riot Platforms, Inc. (RIOT) is a notable stock in the Business Services sector, currently outperforming its peers with a year-to-date return of approximately 20.4% compared to the sector average of 7.8% [4] - The Zacks Rank for RIOT is 2 (Buy), indicating a positive earnings outlook and improving analyst sentiment, with the consensus estimate for full-year earnings rising by 27.1% in the past quarter [3][4] - Riot Platforms, Inc. is part of the Technology Services industry, which has an average year-to-date gain of 19.2%, further highlighting RIOT's strong performance within its industry [6] Group 2 - Visa (V) is another stock in the Business Services sector that has shown strong performance, with a year-to-date return of 9.2% and a Zacks Rank of 2 (Buy) [5] - The Financial Transaction Services industry, to which Visa belongs, is currently ranked 139 and has not shown any growth this year, contrasting with the performance of RIOT [6] - Both Riot Platforms, Inc. and Visa are expected to continue their solid performance, making them attractive options for investors interested in Business Services stocks [7]

Riot Produces 527 Bitcoin in January 2025 CASTLE ROCK, Colo., Feb. 4, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for January 2025.Bitcoin Production and Operations Updates for January 2025 Riot's Corsicana Facility Projected Hash Rate Growth  Comparison (%)    Metric    January 2025 1    December 2024 1    January 2024    Mon ...

Riot Platforms Inc RIOT made a strategic pivot that is shaking up its future trajectory. The company announced it would pause its Bitcoin BTC/USD mining expansion at Corsicana and instead conduct a feasibility study on converting its remaining capacity to AI and high-performance computing (HPC) use. This move has sparked a positive response from JPMorgan analyst Reginald L. Smith, who says he finds the decision “encouraging.”Analyst Reaction: A Positive Shift For RiotSmith has been advocating for Riot to ex ...

Stockwaves Performance and Team - Stockwaves is a team led by Zac Mannes and Garrett Patten, with contributions from Lyn Alden Schwartzer, providing real-time Elliott Wave technical analysis on selected stocks during each market session [1] - The team has achieved significant trading success, with multiple trades yielding 7-10x returns and others delivering 3-5x returns [1] Analyst and Seeking Alpha Disclosures - The analyst has no current positions in the mentioned companies but may initiate a long position in RIOT through stock purchase or call options within the next 72 hours [2] - Seeking Alpha emphasizes that past performance does not guarantee future results and does not provide investment recommendations or advice [3] - Seeking Alpha analysts are third-party authors, including both professional and individual investors, who may not be licensed or certified by any regulatory body [3]

Cryptocurrencies had a very strong run in 2024 due to a favorable regulatory environment and of course Donald Trump’s victory in November’s presidential election. Bitcoin specifically cruised through major catalysts, beginning with the approval of itsStock analysis brought to you by the team at HedgeMix. The analysis is based on a careful review of the growth prospects of each company. For valuation purposes, we often use the Discounted Cash Flow (DCF) model, sharing valuable insight on cash flow generation ...

Riot Platforms, Inc. (RIOT) closed the most recent trading day at $13.29, moving -1.26% from the previous trading session. This move lagged the S&P 500's daily loss of 0.21%. Elsewhere, the Dow lost 0.16%, while the tech-heavy Nasdaq lost 0.89%.Prior to today's trading, shares of the company had gained 12.64% over the past month. This has outpaced the Business Services sector's loss of 2.5% and the S&P 500's loss of 1.56% in that time.The investment community will be paying close attention to the earnings p ...

Riot Platforms, Inc. (RIOT) has soared 35% over the past three months but dipped 13% in the past month, signaling a correction phase.This aligns with other crypto-focused stocks like Cipher Mining (CIFR) , down 33%, and Marathon Digital (MARA) , off 29% in the past month.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 value ...