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RIOT · NASDAQ · STOCK

Riot Platforms, Inc.

Technology Updated August 11, 2026
$20.22
52W $11.15 – $30.32
64/100
$7.65B
-5.5
3.86
AI Committee Verdict
Buy
64/100
Conviction: Moderate · 67% agreement · 6 analysts
Moderate

Is RIOT Bullish or Bearish?

Bullish. Innellis AI committee rates Riot Platforms, Inc. (RIOT) Buy with a composite score of 64/100 , based on 6 analysts with 67% agreement. Last updated August 11, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +11.30 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -8.70 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

Positive signals support the current rating — revenue growing 42.4% yoy -- genuine top-line momentum. The committee sees sufficient evidence to maintain the constructive view.

Bull & Bear Case

Bull Case
  • Revenue growing 42.4% YoY -- genuine top-line momentum — Growth
  • MACD histogram positive -- bullish momentum — Technical
  • Low leverage (debt-to-equity 0.29) -- balance sheet can absorb a shock — Risk
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
  • Market regime is bullish (Bull market -- normal position sizing) — Macro
  • Beta of 3.79 means this name should amplify a favorable market regime — Macro
Bear Case
  • ROE of only -28.8% -- cheap may mean cheap for a reason — Value
  • Current ratio of 0.96 is tight -- limited short-term liquidity cushion — Risk
  • Bollinger bandwidth of 29.6% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 11, 2026
Overall Committee Score
64/100
Agreement
67%
Analysts
6
Conviction
Moderate
Sector Rank
Top 20%
of 284 Technology peers
Value Analyst neutral
52 / 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
− ROE of only -28.8% -- cheap may mean cheap for a reason
Growth Analyst bullish
85 / 100 · Low confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 42.4% YoY -- genuine top-line momentum
Technical Analyst neutral
58 / 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
Risk Analyst neutral
50 / 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
+ Low leverage (debt-to-equity 0.29) -- balance sheet can absorb a shock
− Current ratio of 0.96 is tight -- limited short-term liquidity cushion
Macro Analyst bullish
78 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst neutral
60 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
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Technical Analysis

RSI (14)
44.9
Neutral
MACD Histogram
0.021
Bullish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Lh Ll
Support
$12.63
Resistance
$23.93
Bollinger %B
0.39
Inside Bands
Price vs Moving Averages
EMA 9
$20.65 Below
EMA 21
$21.27 Below
EMA 50
$22.06 Below
EMA 200
$19.25 Above

Fundamental Analysis

Valuation
91
Profitability
0
Financial Health
82
Cash Flow
15
Valuation
P/E Ratio -5.5×
P/B Ratio 3.21×
PEG Ratio 0.01
Dividend Yield 0.00%
52W High $30.32
52W Low $11.15
Quality & Growth
ROE -2320.1%
ROA -1684.6%
Gross Margin -1376.2%
Operating Margin -8911.7%
Revenue Growth YoY
Debt / Equity 0.13
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of -5.5 (inexpensive relative to a 15-40x range); Price-to-book of 3.2x; PEG ratio of 0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -23.2%; Return on assets of -16.8%; Net margin of -196.3%; Gross margin of -13.8%; Current ratio of 1.56 (healthy short-term liquidity); Debt-to-equity of 0.13; Free cash flow per share is negative (-2.54); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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