Riot Platforms (RIOT) Market Cap & Net Worth - Stock Analysis (2024)

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Riot Platforms (RIOT) Market Cap & Net Worth - Stock Analysis? ›

Riot Platforms Market Cap

Based on analyst ratings, Riot Platforms's 12-month average price target is $16.95. Riot Platforms has 148.90% upside potential, based on the analysts' average price target. Riot Platforms has a consensus rating of Strong Buy which is based on 10 buy ratings, 0 hold ratings and 0 sell ratings.

Riot Platforms net worth as of September 11, 2024 is $2.07B.

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding.

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Riot Platforms stock have an average target of 17.05, with a low estimate of 9.50 and a high estimate of 23. The average target predicts an increase of 167.24% from the current stock price of 6.38.

As of 2024-09-09, the Fair Value of Riot Blockchain Inc (RIOT) is 2.66 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 6.38 USD, the upside of Riot Blockchain Inc is -58.4%.

According to analysts, RIOT price target is 17.63 USD with a max estimate of 22.00 USD and a min estimate of 9.50 USD.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Dimensional Fund Advisors Lp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, State Street Corp, Susquehanna International Group, Llp, Geode Capital Management, Llc, NAESX - Vanguard Small-Cap Index Fund Investor Shares, Susquehanna ...

As at September 2023, Riot Platforms had cash of US$290m and such minimal debt that we can ignore it for the purposes of this analysis. In the last year, its cash burn was US$277m.

“This quarter, Riot reported net income of $211.8 million and earnings per share of $0.82 which are new record highs for our quarterly results. Additionally, we reported $245.7 million in adjusted EBITDA for the quarter, another record high for Riot, rounding out strong financial performance for the quarter.

Is Riot a hold or sell? ›

Riot Platforms stock has received a consensus rating of buy. The average rating score is and is based on 50 buy ratings, 3 hold ratings, and 1 sell ratings.

Does Riot Platforms pay dividends? Yes, RIOT has paid a dividend within the past 12 months. How much is Riot Platforms's dividend? When is Riot Platforms ex-dividend date?

Share Statistics

Riot Platforms has 303.52 million shares outstanding.

As of today (2024-09-10), Riot Platforms's Intrinsic Value: Projected FCF is $-8.57. The stock price of Riot Platforms is $6.72. Therefore, Riot Platforms's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The all-time high Riot Platforms stock closing price was 3197.14 on October 26, 2007. The Riot Platforms 52-week high stock price is 18.75, which is 166.7% above the current share price.

Riot Platforms, Inc. operates as a bitcoin mining company. The Company focuses on buying cryptocurrency and blockchain businesses, as well as supports blockchain technology companies.

Riot Games has an overall rating of 4.2 out of 5, based on over 1,250 reviews left anonymously by employees. 78% of employees would recommend working at Riot Games to a friend and 56% have a positive outlook for the business. This rating has been stable over the past 12 months.

Since Riot Games isn't publicly traded, it's not possible for most retail investors to own Riot Games stock. But, there are ways to get investment exposure to the game indirectly. One way is through ownership of Amazon shares.