Riot Platforms Inc (NASDAQ:RIOT) has a beta value of 4.60 and has seen 31.02 million shares traded in the last trading session. The company, currently valued at $3.24B, closed the last trade at $9.06 per share which meant it gained $0.36 on the day or 4.14% during that session. The RIOT stock price is -75.17% off its 52-week high price of $15.87 and 31.68% above the 52-week low of $6.19.
The consensus among analysts is that Riot Platforms Inc (RIOT) is Buy stock at the moment, with a recommendation rating of 1.18. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 8 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
Riot Platforms Inc (NASDAQ:RIOT) trade information
Sporting 4.14% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the RIOT stock price touched $9.06 or saw a rise of 0.66%. Year-to-date, Riot Platforms Inc shares have moved -11.26%, while the 5-day performance has seen it change 15.27%. Over the past 30 days, the shares of Riot Platforms Inc (NASDAQ:RIOT) have changed 28.33%.
Wall Street analysts have a consensus price target for the stock at $20, which means that the shares’ value could jump 54.7% from current levels. The projected low price target is $20.0 while the price target rests at a high of $20.0. In that case, then, we find that the current price level is -120.75% off the targeted high while a plunge would see the stock gain -120.75% from current levels.
Riot Platforms Inc (RIOT) estimates and forecasts
The company’s shares have lost -26.88% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 70.32%.
14 analysts offering their estimates for the company have set an average revenue estimate of 146.12M for the current quarter. 14 have an estimated revenue figure of 158.09M for the next ending quarter. Year-ago sales stood 70.02M and 84.79M respectively for this quarter and the next, and analysts expect sales will grow by 108.69% for the current quarter and 70.32% for the next.
RIOT Dividends
Riot Platforms Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Riot Platforms Inc (NASDAQ:RIOT)’s Major holders
The top two institutional holders are VANGUARD GROUP INC with over 29.54 million shares worth more than $269.95 million. As of 2024-06-30, VANGUARD GROUP INC held 11.1612% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 21.48 million shares as of 2024-06-30. The firm’s total holdings are worth over $196.31 million and represent 8.1163% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . As of Dec 31, 2024 , the former fund manager holds about 2.63% shares in the company for having 9.41 shares of worth $85.28 million while later fund manager owns 8.22 shares of worth $74.44 million as of Mar 31, 2025 , which makes it owner of about 2.30% of company’s outstanding stock.
