Arete Research has initiated coverage on Riot Platforms Inc (RIOT) with a Buy rating, marking its first assessment of the company’s investment potential. Headquartered in Castle Rock, Colorado, Riot Platforms is a bitcoin mining company that operates a Bitcoin-driven infrastructure platform. The firm conducts mining operations primarily in central Texas and Kentucky, and it also engages in electrical engineering and fabrication in Denver and Houston.
As of September 23, 2025, Riot Platforms trades at $12.59, with a market capitalisation of $4.8 billion. The company’s P/E ratio stands at 29.37, and its earnings per share (EPS) for the trailing twelve months is 0.21.
Upcoming earnings reports are scheduled for July 29, 2026, with an estimated EPS of -$0.08 and revenue expectations of $191.1 million. This follows a notable performance in Q3 2025, where the company reported an EPS of $0.26, significantly surpassing the estimated $0.07.
Analyst ratings, such as this one, provide insights based on research and financial models. However, they reflect assumptions that may not always hold true. Investors should consider various factors, including company fundamentals and market dynamics, when making decisions. Analyst perspectives are one of many inputs in the investment process, and ratings may change as new information emerges.