Riot Platforms, Inc.(RIOT)
NASDAQ
$16.84
-1.70 (-9.17%)

Riot Platforms, Inc.(RIOT)Stock Price & Analysis
NASDAQ

RIOT Stock Price Today (October 2026) — Riot Platforms, Inc. Analysis & Key Metrics 2026-10-08

Riot Platforms, Inc. (RIOT) is trading at $16.84, down 9.17% today (as of October 2026). The stock continues to show pressure below major moving averages, attracting attention from investors looking for Financial Services growth opportunities.

  • According to consensus analyst estimates, the 1-year price target is $32.36 (92.2% upside).
  • Volatility is high (47.78% annualized), implying wide price swings for short-term traders.
  • The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (13.90% YoY) alongside competitive pressures in the Capital Markets space.

RIOT Stock Analysis: Key Metrics & Valuation (October 2026)

Concise, actionable data for investors

Trend posture
Downtrend: below 50- and 200-day averages
Analyst 1Y target$32.36+92.2%
Volatility (30d ann.)47.78%High
RSI (14-day)
24.25 (Oversold)
Debt$877.80M (0.40x D/E)

Riot Platforms, Inc. - Historical Price & Volume

$16.84
+9.02 (+115.35%)
  • Price
  • Volume
  • Latest price
Range: 2Y

Market Cap

$6.32B

Enterprise Value: $6.73B

P/E Ratio

N/A

Forward P/E: N/A

Revenue Growth

+13.90%

Year over Year

Analyst Target

$32.36

+92.2% upside potential

Key Investor Questions About RIOT

What investors need to know before buying

Is it a good time to buy RIOT stock?

Based on current market data, RIOT presents a oversold technical setup with looking solid fundamentals.

  • Technicals say: Oversold (RSI 24.25)
  • Fundamentals say: Looking solid (debt and growth supportive)
Can RIOT sustain revenue growth in the Capital Markets market?

RIOT's growth trajectory depends on its ability to expand within the Capital Markets sector while managing margin pressures.

  • Future growth will depend on performance in core Capital Markets operations.
  • The ability to manage competitive pressures will be crucial for sustained growth.
What are the biggest risks facing RIOT stock?

The primary risks for RIOT investors include debt exposure and competitive dynamics in the Capital Markets industry.

  • $877.80M in debt could be a headwind in a high-rate environment.
  • Fierce competition from established players in Capital Markets.

52-Week Trading Range

52-Week Low$11.50
52-Week High$30.32
Current Price$16.84

Over the past year, RIOT stock traded between $11.50 and $30.32 and currently trades in the middle of that range. Big swings are likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility47.78%
Beta3.80
RSI (14-day)24.25

With 47.78% annualized volatility and β=3.80, the stock exhibits high sensitivity to market moves—making RIOT suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership6.84%
Institutional Ownership87.53%
Shares Short51.11M

High institutional backing, but elevated short interest signals a potential battleground stock.

Analyst Sentiment & Price Targets

Mean Target
$32.36
Upside Potential
+92.2%
Recommendation
strong_buy
Analysts see strong upside potential with a target of $32.36. The 92.2% upside suggests optimistic growth expectations.

Latest News & Headlines

Recent headlines and coverage

ZacksSep 25, 2026

Riot Platforms, Inc. (RIOT) Stock Dips While Market Gains: Key Facts

In the closing of the recent trading day, Riot Platforms, Inc. (RIOT) stood at $23.01, denoting a -2.02% move from the preceding trading day.

StocktwitsSep 22, 2026

MSTR, HOOD, RIOT Stocks Lead Gains In Fundstrat's Granny Shots ETF Last Week, Says Tom Lee

Lee said the Fed’s September rate hike left stocks oversold, setting the stage for a potential rebound.

ZacksSep 21, 2026

Riot Platforms, Inc. (RIOT) Outperforms Broader Market: What You Need to Know

Riot Platforms, Inc. (RIOT) reached $24.18 at the closing of the latest trading day, reflecting a +1.81% change compared to its last close.

TIKRSep 21, 2026

Riot Platforms Is Building a Data Center Business Inside a Bitcoin Miner. Is RIOT Stock a Buy?

Key Stats for Riot Platforms, Inc. (RIOT) 52-Week Range: $11.

Insider MonkeySep 18, 2026

Strategy (MSTR) Surges 16% on Growing Digital Asset Adoption — A New Catalyst Looms Next Week

Strategy Inc. (NASDAQ:MSTR) saw its share price increase by 16.39 percent on Friday to close at $153.92 apiece, as investor sentiment was fueled by the rebound in cryptocurrencies, supported by the increasing adoption of token assets. The stock rallied alongside its crypto treasury and counterparts like Bitdeer Technologies, MARA Holdings, Sharplink Inc., Hyperliquid Strategies, Riot […]

Simply Wall St.Sep 18, 2026

Riot Platforms (RIOT) Stock Trades At A Premium To Sales

Riot Platforms has delivered a 3 year share price return of 128.4%, which puts a lot of weight on whether the underlying sales story justifies where the stock trades today. With the shares recently closing at US$21.88, valuation now turns on how much revenue investors are effectively paying for. A 128.4% gain over 3 years means anyone looking at Riot Platforms now is really asking how much of that move is backed by its sales base rather than trading momentum alone. The business model leans...

TrefisSep 15, 2026

How Far Can Applied Digital Stock Fall If The Business Keeps Growing?

Applied Digital (APLD) trades near $26, about 47% below its high of the past twelve months, after returning -36.3% over three months. Over twelve months, though, it is still up 55.6%. Nothing in the operation broke: it beat the quarter it reported in July 2026, and management says every project is on time and on budget. So how far can a stock like this fall.

ZacksSep 14, 2026

Riot Platforms, Inc. (RIOT) Declines More Than Market: Some Information for Investors

Riot Platforms, Inc. (RIOT) reached $20.95 at the closing of the latest trading day, reflecting a -2.42% change compared to its last close.

Insider MonkeySep 12, 2026

Dan Loeb’s Third Point Increased Its Reported Hut 8 Stake and Disclosed Riot Debt Exposure

Dan Loeb’s Third Point disclosed exposure to Hut 8 Corp. (NASDAQ:HUT) and Riot Platforms, Inc. (NASDAQ:RIOT) in its latest quarterly filing. The security types matter: it owned Hut 8 common shares and Riot notes, not matching equity positions in two AI infrastructure companies. Insider Monkey’s database counted 73 Hut 8 holders in Q2 2026 versus […]

TrefisSep 11, 2026

Is Cipher Digital Stock Expensive, Or Just Early?

At about $15.90 a share, Cipher Digital (CIFR) trades at 34.1 times sales, against 3.1 for the S&P 500, while its quarterly revenue falls. But those sales were booked before its data centers collected any rent. What you are buying is three leases, the debt raised to build them, and a pipeline tied largely to the Texas grid.

Earnings snapshot

Next report Oct 28, 2026 (after the close, usually)

EPS beat rate
50% (6/12)
Avg move after earnings
±8.1%
Options-implied move
—
Options vs history
—
RIOT earnings history, charts and expected move

Frequently Asked Questions

Common investor questions about Riot Platforms, Inc.

Riot Platforms, Inc. (RIOT) is currently trading at $16.84. The RSI (14-day) is at 24.2, indicating oversold territory (potentially undervalued). Wall Street analysts have a consensus "strong_buy" recommendation. The mean analyst price target of $32.36 implies 92.2% upside from current levels. Volatility is high at 47.8% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.

Based on current valuation metrics for Riot Platforms, Inc. (RIOT): The trailing P/E ratio is not available (the company may not be profitable). Price-to-Book is 3.61. Price-to-Sales is 11.66. Valuation should be compared to Capital Markets industry peers for context, as different sectors trade at different multiples.

Based on 22 analysts covering RIOT, the consensus price target is $32.36. This represents a 92.2% upside from the current price of $16.84. The range spans from a low target of $22.00 to a high target of $45.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "strong_buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.

Riot Platforms, Inc. (RIOT) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.

Key risks for Riot Platforms, Inc. (RIOT) investors include: 1. High volatility (47.8% annualized)—the stock can experience significant daily price swings. 2. The company is not currently profitable on a trailing basis, which creates earnings uncertainty. 3. Elevated short interest (14.8% of float) suggests significant bearish sentiment. 4. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 5. Capital Markets sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.

Here is Riot Platforms, Inc.'s (RIOT) current debt and financial health profile: Total debt stands at $877.80M. The debt-to-equity ratio is 0.40x, which is moderate and generally manageable for most companies. The current ratio is 1.59, indicating strong short-term liquidity. The quick ratio is 1.17. The company holds $471.38M in cash and equivalents. Free cash flow is negative at -$718.86M, which could limit the company's ability to manage debt obligations.