RIOT - NASDAQ

Riot Platforms, Inc.

Riot Platforms, Inc.

RIOTยทNASDAQ

$27.65

-2.1%
Financial ServicesFinancial - Capital Markets

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale commercial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$10.46B
EPS-1.9500
P/E Ratio-14.18
Earnings Date07/30/2026
Riot Platforms, Inc.

Riot Platforms, Inc. Fair Value Envelope

RIOT ยท NASDAQ

Our analysis suggests that RIOT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $27.65, this represents a potential HIDDEN relative to our calculated worth for Riot Platforms, Inc..

HIDDEN
Intrinsic Value
Current Price: $27.65

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$53.8B
+ Cash & Equivalents$233.5M
Firm Value-$53.6B
- Debt$279.8M
Equity Value-$53.9B
/ Shares Outstanding371,623,586B
DCF Value-$145
OVERVALUED BY 624%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$854.5M
-$1.3B
-$1.9B
-$2.8B
-$4.2B
-$6.3B
-$9.4B
-$14.0B
-$20.9B
-$31.2B
Maintenance CapEx
-$60.1M
-$89.6M
-$133.6M
-$199.3M
-$297.2M
-$443.3M
-$661.2M
-$986.1M
-$1.5B
-$2.2B
Owner Earnings
-$914.6M
-$1.4B
-$2.0B
-$3.0B
-$4.5B
-$6.7B
-$10.1B
-$15.0B
-$22.4B
-$33.4B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$846.8M
-$1.2B
-$1.6B
-$2.2B
-$3.1B
-$4.3B
-$5.9B
-$8.1B
-$11.2B
-$15.5B
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.

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