RIOT

Riot Platforms, Inc.
NasdaqCMUSDEQUITY Financial Services DELAYED
Last price
18.98
▼ 0.34 (1.76%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
19.27
Prev close
19.32
Day high
19.73
Day low
18.90
Volume
15.26M
Market cap
$7.10B
P/E (TTM)
—
52W range
11.50 – 30.32

Day trading desk

Current session · delayed
Gap from prior close
-0.26%
Prior close 19.32
VWAP
19.23
-1.32% from price
Relative volume
0.70×
Normal
Session range
4.77%
18.90 – 19.80
Position in range
9%
Near session low
ATR (14D)
1.41
7.42% of price
Prior day high
19.89
PDH
Prior day low
18.95
PDL
Bid / ask spread
—
Quote not published
Session volume
13.01M
Avg 18.48M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-11.50% -13.4%
1M
-13.17% -14.3%
3M
-10.24% -14.8%
6M
+33.40% +15.2%
YTD
+49.41% +35.2%
1Y
-2.62% -19.0%
3Y
+102.89% +20.6%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on RIOT open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
-186.85K
Net selling
Buy transactions
6
179.41K shares
Sell transactions
6
366.25K shares
Net transactions
+12
Buys less sells
Sell : buy shares
2.0 : 1
Mixed
Insider-held shares
25.68M
Total on file
Bought 179.41KSold 366.25K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Aug 12, 26
HOWELL STEPHEN MITCHELL JR
Chief Operating Officer
STOCK 21.20K $0 Direct
Aug 5, 26
WERNER RYAN D.
Officer
SELL 47.73K $1.06M Direct
Jul 7, 26
WERNER RYAN D.
Officer
SELL 17.83K $383.70K Direct
Jul 1, 26
YEE COLIN M.
Affiliated Person
— 124.82K — Direct
Jul 1, 26
LEVERTON JAIME MARGOT JENNIE
Director
STOCK 8.35K $0 Direct
Jul 1, 26
TURNER MICHAEL JOHN
Director
STOCK 8.35K $0 Direct
Jul 1, 26
MOUTON DOUGLAS
Director
STOCK 8.35K $0 Direct
Jul 1, 26
D'AMBROSIO LANCE VARRO
Director
STOCK 8.35K $0 Direct
Jun 22, 26
LES JASON
Chief Executive Officer
SELL 62.70K $1.89M Indirect
Jun 22, 26
WERNER RYAN D.
Officer
SELL 25.38K $761.25K Direct
May 27, 26
WERNER RYAN D.
Officer
SELL 37.62K $996.82K Direct
May 11, 26
LES JASON
Chief Executive Officer
SELL 175.00K $4.41M Indirect
Dec 31, 25
CHUNG JASON
Officer
STOCK 710.34K $0 Direct
Dec 31, 25
HOWELL STEPHEN MITCHELL JR
Chief Operating Officer
STOCK 591.95K $0 Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
CHO HANNAH
Director 59.27K Sale
CHUNG JASON
Officer 3.13M Stock Award(Grant)
D'AMBROSIO LANCE VARRO
Director 68.89K Stock Award(Grant)
GIBBS JONATHAN
Officer 1.23M Stock Award(Grant)
HOWELL STEPHEN MITCHELL JR
Chief Operating Officer 1.83M Stock Gift
JACKMAN WILLIAM RICHARD
Officer 2.85M Stock Award(Grant)
LES JASON
Chief Executive Officer — Sale
WERNER RYAN D.
Officer 699.49K Sale
YEE COLIN M.
Affiliated Person 428.44K Conversion of Exercise of derivative security
YI SOO IL BENJAMIN
Officer and Director 10.64M Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$7.10B
Enterprise value$7.51B
Revenue (TTM)$674.51M
Gross profit$190.60M
EBITDA$-898.94M
Net income$-1.32B
EPS (TTM)$-3.81
Free cash flow$-718.86M
Total cash$471.38M
Total debt$877.80M
Book value / share$5.80
Shares outstanding375.26M
Float349.14M
Short % of float14.78%
Dividend yield0.00%
Beta (5Y)3.76

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E-19.69
PEG ratio—
Price / sales—
Price / book3.26
EV / revenue11.13
EV / EBITDA-8.35
Gross margin28.26%
Operating margin-122.33%
Profit margin-196.28%
Return on equity-48.24%
Return on assets-21.20%
Debt / equity40.03
Current ratio1.59
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 5 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $647.43M$376.66M$280.68M$259.17M +71.9%
Operating revenue $640.96M$359.49M$253.30M$222.21M +78.3%
Cost of revenue $401.88M$262.75M$254.33M$193.70M +52.9%
Gross profit $245.56M$113.90M$26.34M$65.47M +115.6%
Selling, general & admin $298.78M$266.92M$100.35M$67.45M +11.9%
Total operating expense $588.86M$445.28M$281.49M$148.06M +32.2%
Operating income -$343.30M-$331.38M-$255.14M-$82.58M -3.6%
Pre-tax income -$663.33M$110.14M-$54.56M-$521.30M -702.2%
Tax provision -$150.00K$744.00K-$5.09M-$11.75M -120.2%
Net income -$663.18M$109.40M-$49.47M-$509.55M -706.2%
Net income to common -$663.18M$109.40M-$49.47M-$509.55M -706.2%
Basic EPS -1.950.40-0.28-3.65 -587.5%
Diluted EPS -1.950.34-0.28-3.65 -673.5%
EBIT -$639.19M$112.13M-$51.71M-$519.99M -670.0%
EBITDA -$292.38M$324.18M$200.64M-$412.04M -190.2%
Basic shares 340.72M275.98M175.03M139.43M +23.5%
Diluted shares 340.72M318.93M175.03M139.43M +6.8%

Options analytics

Account required
Put / call volume
0.97
Call-heavy session
Put / call open interest
0.87
Positioning, not flow
Max pain
20.00
+5.7% from spot
ATM implied vol
83.8%
Nearest strike to spot
Skew (10% OTM)
-18.4%
Calls bid over puts
Call volume
8.33K
Contracts, this expiry
Put volume
8.09K
Contracts, this expiry
Heaviest call OI
23.00
7.31K contracts
Heaviest put OI
18.00
7.33K contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 -0.32-0.58 -83.5%
Mar 2026 -0.28-0.35 -25.3%
Dec 2025 -0.39-1.88 -384.1%
Sep 2025 -0.090.19 +309.6%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -0.29 3 $159.75M -11.4%
Next quarter -0.30 3 $174.12M +13.9%
Current year -1.68 4 $676.51M +4.5%
Next year -0.96 4 $799.82M +18.2%

Analyst targets & ownership

Account required
Mean target$31.54
High target$43.00
Low target$22.00
Implied upside66.17%
Analyst count22
ConsensusSTRONG BUY
Strong buy / Buy7 / 14
Hold1
Sell / Strong sell0 / 0
Held by insiders6.84%
Held by institutions87.55%
Institutions holding604
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
21.19
-10.44% from price
SMA 20
21.61
-12.39% from price
SMA 50
20.80
-8.98% from price
SMA 100
22.68
-16.33% from price
SMA 200
19.40
-2.41% from price
EMA 12
20.74
-8.47% from price
EMA 26
21.10
-10.05% from price
EMA 50
21.25
-10.70% from price
RSI (14)
38.9
Neutral
MACD (12,26,9)
-0.36
Hist -0.48
ATR (14)
1.41
7.44% of price
Realised vol 30D
77.8%
Annualised
Bollinger upper
25.23
20, 2σ
Bollinger lower
17.98
20, 2σ
50 / 200 cross
Golden
20.80 vs 19.40
Trend bias
Below 200
-2.41%

Options chain

Account required
Expiry
Spot 18.98
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
3.73
More volatile than market
Correlation to SPY
0.55
Loosely linked
Realised vol 30D
77.8%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-48.6%
Peak to trough
Max drawdown 5Y
-92.6%
Peak to trough
ATR 14
1.41
7.44% of price
Beta (reported)
3.76
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
51.11M
Prior 50.05M
Change vs prior
+2.1%
Shorts adding
% of float
14.78%
Elevated
% of shares out
13.62%
Against total outstanding
Days to cover
3.2
Liquid
Float
349.14M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

160 on file
DateFirm ActionFromTo
Sep 29, 26 B. Riley Securities MAINTAINED Buy Buy
Aug 17, 26 JP Morgan MAINTAINED Overweight Overweight
Aug 13, 26 Morgan Stanley MAINTAINED Overweight Overweight
Aug 11, 26 Macquarie MAINTAINED Outperform Outperform
Aug 11, 26 Bernstein MAINTAINED Outperform Outperform
Aug 11, 26 Piper Sandler MAINTAINED Overweight Overweight
Aug 11, 26 HC Wainwright & Co. MAINTAINED Buy Buy
Aug 11, 26 Cantor Fitzgerald MAINTAINED Overweight Overweight
Aug 11, 26 Needham MAINTAINED Buy Buy
Jul 28, 26 Keefe, Bruyette & Woods MAINTAINED Outperform Outperform
Jul 23, 26 Morgan Stanley INITIATED — Overweight
Jul 8, 26 Citigroup MAINTAINED Buy Buy

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend dateOct 12, 2017
Next pay dateOct 18, 2017
Last split—
Split date—

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.