Riot Platforms faces a tough road ahead due to the recent Bitcoin halving event, but it is looking to get bigger and more efficient.Riot Platforms (RIOT -10.51%) is one of the top Bitcoin mining companies you can invest in today. Year to date, however, the stock has been struggling, and it's down 30%. But recently the company posted some impressive earnings numbers, even turning a healthy profit. Could Riot Platforms be an underrated stock to buy right now?The company posted record numbers in Q1On May 1, Ri ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Riot Platforms, Inc. (RIOT) .Riot Platforms, Inc. currently has a ...

Investors might want to bet on Riot Platforms, Inc. (RIOT) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a chan ...

Riot Platforms, Inc. (RIOT) closed the last trading session at $10.17, gaining 1.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $17.60 indicates a 73.1% upside potential.The mean estimate comprises 11 short-term price targets with a standard deviation of $3.54. While the lowest estimate of $14 indicates a 37.7% increase from the current price level, the most optimistic analyst ...

CASTLE ROCK, Colo., May 06, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for April 2024. Bitcoin Production and Operations Updates for April 2024        Comparison (%) Metric April 2024 1March 2024 1April 2023 Month/MonthYear/Year Bitcoin Produced 375425639 -12%-41% Average Bitcoin Produced per Day12.513.721.3 -9%-41% Bitcoin Held 2 8,8728,4907,1 ...

营收情况 - Riot Platforms, Inc. 2024年第一季度营收为7930万美元，同比增长8.3%[1] - 营收低于分析师预期13.95%[1] - 比特币挖矿营收为7460万美元，低于分析师平均预期7813万美元[4] - 工程领域营收为470万美元，远低于分析师平均预期1384万美元[4] - 其他营收为0.02万美元，与分析师平均预期持平[5] 每股收益情况 - 每股收益为0.81美元，较去年同期的0.04美元有显著增长[1] - 每股收益高出485.71%分析师预期[1] 股票表现 - Riot Platforms, Inc.股票过去一个月回报率为-4.7%[6] - 股票回报率略低于Zacks S&P 500综合指数的-4.1%[6]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: to: Commission file number: 001-33675 RIOT PLATFORMS, INC. (Exact name of registrant as specified in its charter) Nevada 84-1553387 (State or other jurisdic ...

Riot Platforms, Inc. (RIOT) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of a loss of $0.21 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 485.71%. A quarter ago, it was expected that this company would post a loss of $0.29 per share when it actually produced earnings of $0.48, delivering a surprise of 265.52%.Over the last four quarter ...

财务数据和关键指标变化 - 第一季度总收入为7930万美元,同比增长18% [21] - 第一季度净利润为2.118亿美元,每股收益0.82美元,上年同期为1850万美元,每股收益0.11美元 [24] - 第一季度非GAAP调整后EBITDA为2.457亿美元,上年同期为8170万美元 [23] - 截至第一季度末,公司持有8490枚比特币,上年同期为7094枚 [20] 各条业务线数据和关键指标变化 - 第一季度比特币挖矿收入为7460万美元,其中包括3200万美元的托管收入,同比增长26.6% [26] - 第一季度比特币挖矿毛利为3350万美元,毛利率为45%,上年同期为2610万美元,毛利率为54% [27][28] - 第一季度公司自有矿机算力为12.4EH/s,同比增长18% [19] - 第一季度公司共计挖出1364枚比特币,同比下降36% [20] 各个市场数据和关键指标变化 - 第一季度比特币平均价格为52,343美元,上年同期为22,706美元,增长131% [26] - 第一季度比特币网络难度同比增加超过一倍,是公司比特币产量下降的主要原因 [20][30] 公司战略和发展方向及行业竞争 - 公司通过收购ESS Metron公司,建立了工程业务分部,可以自主设计和制造电力设备,有利于控制供应链瓶颈 [10] - 公司正在开发科西卡纳设施,将增加公司的电力容量和专用比特币矿场,有利于公司未来的扩张 [11][12][37] - 公司已与MicroBT签订长期协议,购买32EH/s的新一代矿机,有利于提高矿机效率 [42][43] - 公司未来两年的扩张计划已经完全获得资金支持,2025年底总流动性将超过2024年第一季度 [44][45] - 公司的战略目标是成为全球领先的比特币基础设施平台 [46] 管理层对经营环境和未来前景的评论 - 公司认为在比特币价格和网络难度下降的环境中,作为低成本生产商的公司将处于有利地位 [63][64] - 公司表示未来将继续保持强大的资产负债表,维持大量现金和比特币储备,为长期发展提供支持 [44][53][54] - 公司对于实现31EH/s的2024年目标以及未来进一步扩张到100EH/s的目标表示信心 [125][126] 问答环节重要的提问和回答 问题1 **Greg Lewis 提问** 提问公司是否会继续出售比特币,以及未来的比特币管理策略 [51][52][53][54][55] **Jason Les 回答** 回答公司目前不会出售比特币,而是会根据资产负债表需求和融资成本等因素,动态平衡持有和出售比特币的决策 [53][54][55] 问题2 **Mike Colonnese 提问** 提问公司在当前比特币价格和网络难度下行的环境中,对于未来增长的看法,以及对行业并购的预期 [63][64][68][69] **Jason Les 和 Jason Chung 回答** 回答公司作为低成本生产商,在行情低迷时期仍有优势,并表示正在积极关注行业内的并购机会 [63][64][68][69] 问题3 **Regi Smith 提问** 提问公司未来扩张计划中,除科西卡纳之外是否还有其他大型设施的计划,以及是否会考虑海外市场 [100][101][102][103] **Jason Les 回答** 回答公司未来可能会考虑一些较小规模的设施,并表示会关注北美市场,但不排斥海外市场的机会 [100][101][102][103]

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