24-Feb-2025
Riot Platforms Reports Record Revenue and Strategic Growth
TipRanks (Mon, 24-Feb 11:03 PM ET)
Benzinga (Mon, 24-Feb 10:52 PM ET)
RIOT Earnings: Riot Platforms Mines Fewer Bitcoin as Costs Soar
TipRanks (Mon, 24-Feb 6:00 PM ET)
Riot Platforms FY24 revenue tops consensus, aided by bitcoin rally
Seeking Alpha News (Mon, 24-Feb 5:43 PM ET)
Riot Platforms reports FY results
Seeking Alpha News (Mon, 24-Feb 4:33 PM ET)
PRNewswire (Mon, 24-Feb 4:30 PM ET)
Palantir Extends Losses, Microsoft Slides: What's Driving Markets Monday?
Benzinga (Mon, 24-Feb 12:54 PM ET)
Here are the major earnings after the close today
Seeking Alpha News (Mon, 24-Feb 10:00 AM ET)
Options Volatility and Implied Earnings Moves Today, February 24, 2025
TipRanks (Mon, 24-Feb 7:05 AM ET)
Options Volatility and Implied Earnings Moves This Week, February 24 – February 28, 2025
TipRanks (Mon, 24-Feb 7:00 AM ET)
Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment which generates revenue from the Bitcoin the company earns through its mining activities.
Riot Platforms trades on the NASDAQ stock market under the symbol RIOT.
As of February 24, 2025, RIOT stock price declined to $9.99 with 38,816,280 million shares trading.
RIOT has a beta of 3.26, meaning it tends to be more sensitive to market movements. RIOT has a correlation of 0.28 to the broad based SPY ETF.
RIOT has a market cap of $3.44 billion. This is considered a Mid Cap stock.
Last quarter Riot Platforms reported $85 million in Revenue and -$.54 earnings per share. This fell short of revenue expectation by $-11 million and missed earnings estimates by -$.38.
In the last 3 years, RIOT traded as high as $23.66 and as low as $3.25.
The top ETF exchange traded funds that RIOT belongs to (by Net Assets): VTI, VB, VGT, IWM, VXF.
RIOT has underperformed the market in the last year with a price return of -33.8% while the SPY ETF gained +21.5%. RIOT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -15.1% and -14.2%, respectively, while the SPY returned +0.9% and -0.6%, respectively.
RIOT support price is $9.79 and resistance is $11.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RIOT shares will trade within this expected range on the day.