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Riot Platforms, Inc. (RIOT) Falls More Steeply Than Broader Market: What Investors Need to Know
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In the latest trading session, Riot Platforms, Inc. (RIOT - Free Report) closed at $13.74, marking a -4.91% move from the previous day. This change lagged the S&P 500's daily loss of 0.31%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.38%.
Prior to today's trading, shares of the company had lost 28.29% lagged the Finance sector's gain of 0.34% and the S&P 500's gain of 0.87%.
Investors will be eagerly watching for the performance of Riot Platforms, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 4, 2026. In that report, analysts expect Riot Platforms, Inc. to post earnings of -$0.24 per share. This would mark a year-over-year decline of 192.31%. Simultaneously, our latest consensus estimate expects the revenue to be $161.46 million, showing a 10.42% drop compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$2.61 per share and a revenue of $670.83 million, indicating changes of -33.85% and +3.61%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for Riot Platforms, Inc. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.14% higher. Riot Platforms, Inc. currently has a Zacks Rank of #3 (Hold).
The Financial - Miscellaneous Services industry is part of the Finance sector. This group has a Zacks Industry Rank of 161, putting it in the bottom 35% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow RIOT in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Riot Platforms, Inc. (RIOT) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest trading session, Riot Platforms, Inc. (RIOT - Free Report) closed at $13.74, marking a -4.91% move from the previous day. This change lagged the S&P 500's daily loss of 0.31%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.38%.
Prior to today's trading, shares of the company had lost 28.29% lagged the Finance sector's gain of 0.34% and the S&P 500's gain of 0.87%.
Investors will be eagerly watching for the performance of Riot Platforms, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 4, 2026. In that report, analysts expect Riot Platforms, Inc. to post earnings of -$0.24 per share. This would mark a year-over-year decline of 192.31%. Simultaneously, our latest consensus estimate expects the revenue to be $161.46 million, showing a 10.42% drop compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$2.61 per share and a revenue of $670.83 million, indicating changes of -33.85% and +3.61%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for Riot Platforms, Inc. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.14% higher. Riot Platforms, Inc. currently has a Zacks Rank of #3 (Hold).
The Financial - Miscellaneous Services industry is part of the Finance sector. This group has a Zacks Industry Rank of 161, putting it in the bottom 35% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow RIOT in the coming trading sessions, be sure to utilize Zacks.com.