Yahoo Finance report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
Why RIOT Stock dropped -6.77% Today — RQD Quant Desk Flash
Riot Platforms Inc. (RIOT) carries a Roarable Rating of E (Strong Sell) with 32/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.
🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief)
Is RIOT stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-02, Riot Platforms Inc. (NASDAQ: RIOT) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 32/100 at a spot price of $12.81 (-6.77% 1D, market cap $5.16B). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 5/20, Executive Insider Alignment 11/20, FRED Macro Regime Fit 3/20, and SEC Balance-Sheet Forensics 6/20. Across 1096 tracked Financials issuers, RIOT ranks #1012 in composite RQD confidence.
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief)
How does RIOT compare to FIGR and CORZ in the Financials sector?
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Within the Financials sector (Finance: Consumer Services), RIOT carries a Roarable E (32/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -15.3%. By comparison, FIGR (Figure Technology Solutions Inc.) holds a D grade (51/100 RQD, P/E 39.5x, ROIC 21.9%, cap $5.29B) and CORZ (Core Scientific Inc.) posts a E grade (26/100 RQD, P/E N/A, ROIC -35.0%, cap $4.64B). Among the 5-stock peer group, FIGR leads on earnings multiple (39.5x) while SEZL leads on capital efficiency (38.6% ROIC).
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief)
What are the biggest fundamental strengths and SEC risk factors for RIOT?
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Per RIOT's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001167419), Riot Platforms Inc. generated $647.4M in revenue (+71.9% YoY), -$663.2M in net income, and -$774.3M in free cash flow against $3.94B in total assets and $586.9M in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 4/9
SEC XBRL FY 2025 (10-K): 0% FCF Margin ($0 FCF) & 52% Gross Margin
Macro rate sensitivity & RSI-14 (38.8) create a -16 pt regime headwind
⚔️ Adversarial Opposing Case: What Could Spark a RIOT Turnaround Squeeze
While RIOT currently carries a cautious 32/100 (E) rating due to Macro Regime Fit (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.
Established market leader in Financials with deep daily trading liquidity.
Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($18.52) and Max Pain ($13.45) forces dealer call-delta covering toward $31.84.
Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.64% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.
Why RIOT Stock dropped -6.77% Today — RQD Quant Desk Flash
Riot Platforms Inc. (RIOT) dropped -6.77% to $12.81, trading at 7% of its 52-week range ($11.5 – $30.32). Stretched risk/reward at current multiples (-15% return on capital) under elevated 10-year interest-rate pressure.
- ▸Technical Tape: Trading at 7% of its 52-week range ($11.5 – $30.32) with RSI-14 at 38.8 (NEUTRAL RANGE).
- ▸Volatility Profile: Historical 20-day realized swing band of ±12.5% around $12.81 (no active unusual options sweep snapshot on file).
- ▸Fundamental Anchor: Roarable E (Strong Sell) backed by 52% gross margin and $0 annual free cash flow.
Investing.com report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
The Motley Fool report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
Keefe Bruyette lowered price targets on seven bitcoin miners and AI hosting companies on Monday.
Riot Platforms remains a Strong Buy as bitcoin mining strength and AI data center growth drive upside. Click for more on RIOT stock.
Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring RIOT)
- ✓Walkthrough of RIOT's RQD Radar, SEC cash-conversion gap & downside invalidation levels
- ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
- ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RIOT Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +71.9% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on RIOT today. View full Setup Ledger →
📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (RIOT)
1. Head-to-Head Financials Peer Comparison (RIOT vs. FIGR, CORZ, BLSH, SEZL)
Industry: Finance: Consumer Services (156 Tracked Issuers)Across 1096 tracked Financials securities in the Roarable RQD universe, Riot Platforms Inc. (RIOT) ranks #1012 by composite RQD confidence (32/100, grade E) and #272 by equity capitalization ($5.16B). Within this direct 5-issuer industry benchmark cohort, FIGR leads on earnings valuation at 39.5x trailing P/E, while SEZL leads on capital efficiency and profitability with 38.6% ROIC and — gross margin. SEZL currently holds the highest overall quantitative score in the immediate peer group at 80/100 (B+) compared with RIOT at 32/100 (E).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| RIOT
ACTIVE
Riot Platforms Inc. | E | 32/100 | — | — | -15.3% | -6.77% | $5.16B | Benchmark Subject |
| FIGR Figure Technology Solutions Inc. | D | 51/100 | 39.5x | — | 21.9% | -8.52% | $5.29B | /figr-vs-riot → |
| CORZ Core Scientific Inc. | E | 26/100 | — | — | -35.0% | -8.18% | $4.64B | /corz-vs-riot → |
| BLSH Bullish | D+ | 58/100 | — | — | — | -16.05% | $4.54B | /blsh-vs-riot → |
| SEZL Sezzle Inc. | B+ | 80/100 | — | — | 38.6% | +0.74% | $4.52B | /sezl-vs-riot → |
2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)
SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001167419In its most recent audited fiscal period (FY2025, filed 2025-12-31), Riot Platforms Inc. (RIOT) reported GAAP revenue of $647.4M (+71.9% vs. FY2024 revenue of $376.7M , and +130.7% cumulative change since FY2023) , GAAP net income of -$663.2M, operating cash flow of -$572.9M, and free cash flow of -$774.3M (-56.3% YoY). On the balance sheet, RIOT closed FY2025 with $3.94B in total assets against $586.9M in total debt (Altman Z-Score: N/A, Piotroski F-Score: 4/9).
| Fiscal Period | Filing Date | Revenue | Net Income | Operating Cash Flow | Free Cash Flow | Total Assets | Total Debt |
|---|---|---|---|---|---|---|---|
| FY2025 (FY) | 2025-12-31 | $647.4M | -$663.2M | -$572.9M | -$774.3M | $3.94B | $586.9M |
| FY2024 (FY) | 2024-12-31 | $376.7M | $109.4M | -$255.1M | -$495.4M | $3.94B | $584.3M |
| FY2023 (FY) | 2023-12-31 | $280.7M | -$49.5M | $33.1M | $20.5M | $2.84B | $663.6M |
3. RIOT Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)
✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLEDIs RIOT stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
As of 2026-11-02, Riot Platforms Inc. (NASDAQ: RIOT) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 32/100 at a spot price of $12.81 (-6.77% 1D, market cap $5.16B). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 5/20, Executive Insider Alignment 11/20, FRED Macro Regime Fit 3/20, and SEC Balance-Sheet Forensics 6/20. Across 1096 tracked Financials issuers, RIOT ranks #1012 in composite RQD confidence.
How does RIOT compare to FIGR and CORZ in the Financials sector?
Within the Financials sector (Finance: Consumer Services), RIOT carries a Roarable E (32/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -15.3%. By comparison, FIGR (Figure Technology Solutions Inc.) holds a D grade (51/100 RQD, P/E 39.5x, ROIC 21.9%, cap $5.29B) and CORZ (Core Scientific Inc.) posts a E grade (26/100 RQD, P/E N/A, ROIC -35.0%, cap $4.64B). Among the 5-stock peer group, FIGR leads on earnings multiple (39.5x) while SEZL leads on capital efficiency (38.6% ROIC).
What are the biggest fundamental strengths and SEC risk factors for RIOT?
Per RIOT's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001167419), Riot Platforms Inc. generated $647.4M in revenue (+71.9% YoY), -$663.2M in net income, and -$774.3M in free cash flow against $3.94B in total assets and $586.9M in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.
Where is RIOT trading relative to its 50-day, 200-day, and 52-week technical levels?
RIOT last traded at $12.81 (-6.77% on volume of 25,721,607 shares), positioning the stock -30.83% below its 50-day simple moving average ($18.52) and -33.87% below its 200-day simple moving average ($19.37). Across its 52-week range of $11.50 to $30.32, RIOT sits at the 7.0% percentile with a 14-day RSI of 38.8 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($11.21 to $14.41).
RIOT Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDWhy is RIOT stock moving today?
Why RIOT Stock dropped -6.77% Today — RQD Quant Desk Flash. Stretched risk/reward at current multiples (-15% return on capital) under elevated 10-year interest-rate pressure.
RIOT — Riot Platforms Inc.: What the Facts Mean to a Prospective Investor
Roarable Rating Brief: What This Means to a Prospective Investor
Per the Roarable RQD rating, RIOT carries an RQD Score of 32, graded E, with the verdict "Roarable Strong Sell — Forensic Risk / Avoid." The five pillars are:
- Fundamental Cash Engine: 7 / 20. Per the RQD rating, this pillar reflects ROIC of -15.3% and FCF yield of -15.02%. For an investor, the business is currently not generating cash returns on invested capital.
- Whale 13F Flow: 5 / 20. Per the RQD rating, this pillar covers institutional accumulation and options positioning. The source data does not provide the underlying 13F holdings (see Analyst View section), so the score cannot be traced to specific filings here.
- Insider Conviction: 6 / 20. Per the RQD rating, this pillar reflects SEC Form 4 and Congressional PTR cluster flow. Individual transactions are not itemized in the source data.
- Macro Regime Fit: 3 / 20. Per the RQD rating, this pillar reflects a beta of 0.98 and sector sensitivity. The beta is near market-level, but the low pillar score indicates the rating treats the sector regime as an unfavorable fit.
- Forensic Balance Sheet: 11 / 20. Per the RQD rating, this pillar reflects an Altman Z of 2.5, a Piotroski F of 4/9, and Debt/Equity of 0.5. This is the strongest pillar, but still only moderate.
Taken together, the rating points to weak current cash generation and a challenging sector backdrop, partly offset by a balance sheet that the rating scores as moderate rather than distressed. A prospective investor should weigh the negative cash-flow metrics heavily, since the rating's own verdict is to avoid on forensic-risk grounds. The ratings are a framework output from source data and are not personalized advice.
Business
Per the profile, Riot Platforms Inc. Common Stock (RIOT) is a NASDAQ-listed issuer in the Financials sector, Finance: Consumer Services industry, with a market capitalization of $5.2B. Per the SEC financials, the company reported revenue of $647.4M for FY 2025. The source data does not describe specific products, customers, or revenue mechanics beyond the sector classification and the Butterfly graph's reference to Bitcoin mining and ERCOT-based power operations.
Financial Trend
| Period | Revenue | Operating Income | Net Income | EPS | FCF | Cash | Debt |
|---|---|---|---|---|---|---|---|
| FY 2025 | $647.4M | $-622.2M | $-663.2M | N/A | $-774.3M | $233.5M | $586.9M |
| FY 2024 | $376.7M | $153.6M | $109.4M | N/A | $-495.4M | $277.9M | $584.3M |
| FY 2023 | $280.7M | $-63.0M | $-49.5M | N/A | $20.5M | N/A | $663.6M |
Per the SEC financials, FY 2025 shows a sharp swing to an operating loss of $-622.2M and net loss of $-663.2M on rising revenue, with FCF of $-774.3M. Per the market data, operating margin and net margin are both -60% and gross margin is 0%. Per the market data, ROIC is -15.3%. Per the RQD rating, the Altman Z-Score is 2.5 and the Piotroski F-Score is 4/9, with Debt/Equity of 0.5. Cash declined from $277.9M to $233.5M while debt rose slightly from $584.3M to $586.9M across FY 2024 to FY 2025.
Recent Catalysts & News Wire Analysis
Per the news wire, six items are listed for RIOT:
- Two GREEN items labeled CATALYST: a Yahoo Finance piece on whether the stock "May Look Rich Against Its Sales Base," and a Yahoo Finance market-upswing item.
- Three YELLOW items labeled MARKET WIRE: an Investing.com piece on the stock "sliding today," a Motley Fool comparison to Cipher Digital, and a Yahoo Finance piece on a $9.1B lease and funding question.
- One RED item labeled RISK WATCH: a Yahoo Finance report that the stock fell 11% on October 16 after Cantor cut its target.
Per the Butterfly graph, the single link is a SUBSTITUTE relationship with CLSK, a CONFIRMED_FILING evidence tier, and a MIXED_CONSTRAINT effect. The named next catalyst is "Riot Platforms Corsicana AI/HPC Feasibility Milestones vs. CleanSpark Fleet J/TH Efficiency Print." No proprietary signals are listed.
Butterfly Effect: 2nd-Order Supply-Chain & Sector Ripples
Per the Butterfly graph, the sector is Financials and the supply chain is listed as NONE, so no direct upstream or downstream supplier map is provided. The one butterfly link connects RIOT to CLSK through a zero-sum Bitcoin hash-share rivalry: per the graph, CleanSpark's fleet expansion raises network difficulty for Riot, which may push Riot to evaluate converting ERCOT megawatts toward AI/HPC colocation. The graph identifies a bottleneck in that conversion: retrofit CapEx of $8M–$11M per MW plus creditworthy hyperscaler leases. A second-order factor is the competing explanation in the graph: ERCOT 4CP power-curtailment credits may give Riot structural power-cost advantages during Texas summer peaks. Investors should watch whether the AI/HPC feasibility milestones materialize relative to CleanSpark's efficiency prints.
Open Questions
- What is the company's revenue mix and the portion tied to Bitcoin mining versus other activities, given the FY 2025 revenue rise against an operating loss?
- What are the underlying drivers of the FY 2025 operating loss of $-622.2M after a prior-year operating profit of $153.6M?
- Does the $9.1B lease referenced in the news wire carry financing terms, and how would it be funded against the $233.5M cash balance?
- What are the institutional 13F and insider Form 4 positions underlying the whale-flow and insider-conviction pillar scores?
- What are the forward EPS estimates behind the forward P/E of 21, given the TTM EPS of -1.77?
RIOT Live News Feed, Press Releases & Catalyst Wire
Real-time company headlines, analyst actions, and sector developments for Riot Platforms Inc. (RIOT) • Click "Debate This Headline" to argue it in the Roar Pit below
Yahoo Finance report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
Investing.com report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
The Motley Fool report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Riot Platforms Inc. (RIOT) market action, institutional positioning, and fundamental catalysts.
RIOT Bull vs. Bear Conversation Board — What's Your Call at $12.81?
🔥 Official Bull vs. Bear Debate: Is RIOT (E • RQD 32/100) a Buy at $13.74?
Welcome to the RIOT (Riot Platforms Inc.) Roar Pit. Current RQD Composite is 32/100 (Roarable Strong Sell — Forensic Risk / Avoid) in Finance: Consumer Services. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.
Pump the brakes on RIOT — check the valuation vs. margin headwinds
Everyone in here is repeating the bull case on RIOT, but look at what you are paying: current EV/EBITDA multiples with tightening sector spreads. Unless Riot Platforms Inc. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.
RIOT cash flow & RQD setup is being underpriced by the Street here
Looking at the 5-pillar RQD breakdown on RIOT, the market is fixating on short-term headline noise in Finance: Consumer Services and ignoring the balance sheet and cash flow trajectory. At $13.74 (52-wk range $11.50 - $30.32), any beat on forward guidance forces shorts and underweight funds to chase.