Company Performance - Riot Platforms' shares increased significantly on September 24, opening at $17.82 and rising above $19, resulting in a market capitalization of approximately $7.04 billion, surpassing Marathon Digital Holdings (MARA) which has a valuation of $6.8 billion, making Riot the second most valued public bitcoin miner [1]. - In July 2025, Riot produced 484 BTC, an 8% increase from June's production of 450 BTC, but saw a decline in August with 477 BTC mined, representing a 2% month-over-month decrease [2][4]. - The company reported a return to profitability in its Q2 2025 earnings, indicating a positive financial turnaround [3]. Strategic Developments - Riot Platforms is expanding into high-performance computing, having hired Jonathan Gibbs as Chief Data Center Officer to lead scalable data-center development [3].

Group 1 - Bitcoin has surpassed $113,000 per coin, leading to a rise in cryptocurrency-related stocks [1] - Companies such as Canaan Inc. and Riot Platforms saw their stock prices increase by over 10% [1] - Bit Digital's stock rose by more than 6%, while MARA Holdings and CleanSpark increased by over 3% [1]

Group 1 - Riot Platforms, Inc. has an average brokerage recommendation (ABR) of 1.47, indicating a consensus between Strong Buy and Buy based on 17 brokerage firms' recommendations [2] - Of the 17 recommendations, 12 are Strong Buy and 2 are Buy, accounting for 70.6% and 11.8% of all recommendations respectively [2] - Despite the positive ABR, caution is advised as studies show limited success of brokerage recommendations in predicting stock price increases [5][10] Group 2 - The Zacks Consensus Estimate for Riot Platforms, Inc. remains unchanged at -$0.67, suggesting steady analyst views on the company's earnings prospects [13] - The unchanged consensus estimate has led to a Zacks Rank of 3 (Hold) for Riot Platforms, Inc., indicating a cautious outlook despite the Buy-equivalent ABR [14] - The Zacks Rank is driven by earnings estimate revisions, which are more timely and may provide better insights into future stock price movements compared to the ABR [11][12]

Group 1 - Riot Platforms (RIOT) has experienced a breakout after a three-day rally, driven by rising bitcoin prices, which have recently surpassed significant levels [1][4] - Core Scientific has seen a surge in stock price following reports of a potential acquisition attempt by AI infrastructure provider CoreWeave [2][4] - Analysts are optimistic about the bitcoin market, with predictions of a significant bull market and targets set as high as $225,000 for bitcoin [4] Group 2 - Riot Platforms has achieved an impressive Relative Strength (RS) rating, reaching 89, indicating strong price performance compared to other stocks [4] - The overall sentiment in the cryptocurrency market is positive, with bitcoin prices hitting new highs and increased inflows into ETFs [4] - The cryptocurrency sector is witnessing increased interest from institutional investors, as evidenced by the recent activities and market movements [4]

We recently published 10 Stocks With Eye-Popping Gains — 1 Surges 3,000%. Riot Platforms, Inc. (NASDAQ:RIOT) is one of the top performers on Tuesday. Riot Platforms jumped by 13.17 percent on Tuesday to close at $15.21 apiece as investors cheered fresh developments for the high-performance computing (HPC) sector, sparking buying appetite for its stock. From its highest day price of $15.30, the company’s stock price was only 3.6-percent shy of its 52-week peak of $15.87. Riot Platforms (RIOT) Soars 13% o ...

⚡️ UPDATE: Riot Platforms mined 477 Bitcoin in Aug, sold 450 for $51.8M revenue; ends month with 19,309 $BTC held. https://t.co/tOSCrJSeDB ...

Riot Produces 477 Bitcoin in August 2025CASTLE ROCK, Colo., Sept. 03, 2025 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers for high performance compute and bitcoin mining applications, announces unaudited production and operations updates for August 2025. Bitcoin Production and Operations Updates for August 2025 Comparison (%) Metric August 2025 1July 2025 1August 2024 1 Month/MonthYea ...

Group 1 - Bitcoin has experienced a decline for the third consecutive day, impacting the digital currency sector [1] - Proshares Bitcoin Strategy ETF has dropped by 4.3%, indicating a negative trend in the ETF market related to Bitcoin [1] - Major digital currency stocks such as Riot Platforms (RIOT.US) and Marathon Digital (MARA.US) have also seen declines of 3.6% and 3.7% respectively, reflecting broader market weakness [1]

Group 1 - Cryptocurrency-related stocks experienced a decline in pre-market trading on August 25 [1] - Riot Platforms fell by 3.6% [1] - Hut 8 decreased by 3.9% [1] - Marathon Digital Holdings (MARA) dropped by 3.7% [1]

Core Viewpoint - RIOT Platforms stock is currently valued at approximately $13 per share, reflecting an 11% decline over the past month, which correlates with a 3.5% drop in Bitcoin's price, raising questions about its investment viability [1][2] Valuation Assessment - The company's valuation is assessed against its operational results and financial condition, revealing a moderate financial status and operational performance [2] - RIOT Platforms has a price-to-sales (P/S) ratio of 7.8, significantly higher than the S&P 500's ratio of 3.2, indicating a costly valuation compared to the broader market [4][12] Revenue Growth - RIOT Platforms has experienced substantial revenue growth, with an average annual increase of 28.6% over the past three years, compared to 6.1% for the S&P 500 [8] - Revenues surged by 93.5% from $280 million to $542 million in the last 12 months, outpacing the S&P 500's growth of 5.0% [8] - Quarterly revenues rose 118.5% to $153 million from $70 million year-over-year, while the S&P 500 saw a 4.8% improvement [8] Profitability Analysis - Profit margins for RIOT Platforms are notably lower than most companies in the Trefis coverage universe, indicating weak profitability [6] - The adjusted EBITDA margin for the last twelve months stands at 113%, suggesting high profitability when accounting for non-cash expenses [13] Financial Stability - The balance sheet of RIOT Platforms appears strong, with a debt of $870 million against a market capitalization of $4.6 billion, resulting in a debt-to-equity ratio of 18.8% [15] - Cash and cash equivalents amount to $314 million, contributing to a cash-to-assets ratio of 7.3%, slightly above the S&P 500's 6.8% [15] Downturn Resilience - RIOT stock has historically performed poorly during market downturns, with a peak-to-trough decline of 95.8% from $77.90 in February 2021 to $3.29 in December 2022, compared to a 25.4% decline for the S&P 500 [16] - The stock has not yet recovered to its pre-crisis peak, indicating vulnerability during economic downturns [16] Investment Outlook - Analysts suggest RIOT Platforms is a solid buy, with an average price target exceeding $17, indicating a potential upside of nearly 40% [17] - For risk-averse investors, the Trefis High Quality Portfolio, which includes 30 stocks, has consistently outperformed its benchmark with superior returns and reduced risk [18]