How to Buy Riot Platforms Stock

Riot Platforms Inc

Riot Blockchain, Inc. , together with its subsidiaries, focuses on bitcoin mining operations in North America. It operates through Bitcoin Mining, Data Center Hosting, and Electrical Products and Engineering segments.

Riot Platforms stock last closed at $7.24, down 2.43% from the previous day, and has decreased 28.39% in one year. It has underperformed other stocks in the Capital Markets industry by 0.5 percentage points. Riot Platforms stock is currently +16.96% from its 52-week low of $6.19, and -54.38% from its 52-week high of $15.87.

At the moment, there are 350.21M shares of RIOT outstanding. The market cap of RIOT is $2.54B. In the past 24 hours, 30.67M RIOT shares were traded.

How to Buy Riot Platforms Stock

Wondering how to invest in Riot Platforms stock? Here's how.

  1. Decide where to buy Riot Platforms stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Riot Platforms stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Pick your payment method and add your information.
  4. Research Riot Platforms stock: The Riot Platforms ticker symbol is RIOT. Is Riot Platforms stock a good investment? Should you buy shares of RIOT? How do RIOT's underlying business fundamentals look? Do top analysts think Riot Platforms is a good buy? Why has RIOT's stock price moved recently? (Hint: Our stock market research website can help you evaluate if RIOT is a good stock to buy).
  5. Make your RIOT trade: Decide if you will purchase RIOT shares at the current market price or use a limit order to buy RIOT shares at a particular price.
  6. Monitor your RIOT position: Create a watchlist to important notifications about your investment in Riot Platforms shares.

Step 1: Decide where to buy Riot Platforms stock

You need a brokerage account in order to access the NASDAQ market and buy RIOT shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal information so you can invest in RIOT today.

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  1. Send your details by pressing the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you've opened your account on stock apps to use, your next step is to transfer the money for your investment:

Check out the tutorial below if you need help transferring money into your investment account.

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Step 4: Research Riot Platforms stock

After you have chosen the best place to buy Riot Platforms stock, it's absolutely critical to evaluate their stock before you buy, so you actually understand the risk as well as the upside.

Overview of key RIOT info

RIOT Price
$7.24
1w %
-3.47%
1y %
-28.39%
5y %
498.35%
P/E
18.1x
P/B
0.81x
P/S
5.3x
PEG
N/A
Revenue
$376.66M
Earnings
$109.40M
Fore. Rev. Growth
35.44%
Fore. Earn. Growth
N/A
Market Cap
$2.54B
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of Riot Platforms

WallStreetZen was built to help everyday investors do better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on RIOT's stock page.

Is RIOT stock undervalued?

Investors use many financial metrics, analyses, models, and charts to gauge RIOT's intrinsic value.

Using relative valuations metrics:

  • RIOT may be undervalued based on its P/E ratio of 18.1x, relative to Capital Markets industry P/E ratio of 19.97x
  • RIOT may be undervalued based on its P/B ratio of 0.81x, relative to Capital Markets industry P/B ratio of 2.1x

You can access more valuation research on RIOT's stock here.

RIOT Financial Overview

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the RIOT balance sheet.
  • RIOT profit margin has gone up from -17.6% to 29% in the past year.
  • RIOT has a low debt to equity ratio of 0.25.

Failed Financial Due Diligence Checks:

  • Total RIOT debt is higher than 5 years ago, relative to shareholder equity.
  • RIOT has $515.68M in cash and short term investments. This is not sufficient to cover its annual cash burn of $923.55M.
  • RIOT has cash burn of 923549000. It does not have enough cash and short-term investments to cover this.
  • There are more long-term liabilities than short-term assets on the RIOT balance sheet.

Is RIOT stock a Buy, Hold, or Sell, according to analysts?

Out of 6 sell side analysts who give ratings on RIOT, the consensus analyst rating on Riot Platforms is a Strong Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

Most Recent RIOT Analyst Ratings

Mike Colonnese, a top 19% analyst from HC Wainwright & Co. reiterates RIOT with a buy rating and maintains their RIOT price target from $17.00 to $17.00, on Feb 25, 2025.

You can dive deeper into what analysts are saying on the Riot Platforms stock forecast page.

RIOT Technicals

SMA10
7.16
SMA20
7.12
SMA50
7.94
SMA100
9.98
SMA200
9.69
MACD
-0.16
MACD Signal
-0.31
MACD Histogram
0.15
RSI
47.28
Stochastic %K
66.67
Stochastic %D
76.3
StochRSI %K
75.48
StochRSI %D
86.56

How is RIOT performing as a company?

Last year, RIOT revenue was $376.66M. In the last five year, RIOT's revenue has gone up by 122.95% per year. This was faster than the Capital Markets industry average of 19.1%.

Dive into RIOT's earnings and revenue performance here.

Latest Insiders Trades at RIOT

In the past 12 months, insiders at RIOT have sold more shares than they have bought.

Douglas Mouton, Director of RIOT, was the latest RIOT insider to buy. They bought $64,892.16 worth of RIOT stock on Mar 17, 2025.

Research more about who owns RIOT shares here.

Does RIOT stock generate passive income?

No, Riot Platforms doesn't provide an income stream by paying out dividends.

RIOT Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Make your RIOT trade

You have two primary options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given price, use a limit order.

Hit the Open button and eToro will place the order.

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Step 6: Monitor your RIOT position

Now that you own some RIOT shares, you'll want to keep up with your new company.

Make a watchlist to get notified of important updates regarding your RIOT stock.

RIOT Feed

How to Buy Stock in Riot Platforms

To reiterate, here are the 6 steps you need to take to buy Riot Platforms stock right now:

  1. Decide where to buy Riot Platforms stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Research Riot Platforms stock
  5. Make your RIOT trade
  6. Monitor your RIOT position

If you need a place to buy stocks, eToro is our favorite venue.

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If you want to track your new investment in Riot Platforms, click the button below.

NASDAQ: RIOT
$7.24-0.18 (-2.43%)
Updated Apr 30, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: RIOT
$7.24-0.18 (-2.43%)
Updated Apr 30, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Riot Platforms share?

As of Apr 30, 2025, it costs $7.24 to buy one share of Riot Platforms stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.414 shares of RIOT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Riot Platforms stock?

According to 6 Wall Street analysts who monitor Riot Platforms, their consensus recommendation is to buy Riot Platforms stock.

What is the best way to buy Riot Platforms stock?

One way to place an order for Riot Platforms stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.