Is Riot in debt?

Debt to Equity History and Analysis

Debt Level: RIOT is debt free. Reducing Debt: RIOT has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.

Will RIOT stock ever recover?

If you are looking for stocks with good return, Riot Platforms Inc can be a profitable investment option. Riot Platforms Inc quote is equal to 9.345 USD at 2023-04-05. Based on our forecasts, a long-term increase is expected, the "RIOT" stock price prognosis for 2028-03-29 is 13.984 USD.

Is RIOT a good long term stock?

On average, Wall Street analysts predict that Riot Platforms's share price could reach $9.56 by Mar 7, 2024. The average Riot Platforms stock price prediction forecasts a potential upside of 52.9% from the current RIOT share price of $6.25.

How much will RIOT be worth?

Interactive chart of historical net worth (market cap) for Riot Platforms (RIOT) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Riot Platforms net worth as of April 12, 2023 is $1.77B.

Is RIOT making money?

How Much Does Riot Games Make A Day? Riot Games makes $4.1M in a day. In a single month, Riot Games normally makes close to $125.0M in revenue.

Can RIOT Get Back To $77/share? What would it take? Riot Responds To NYT Article! Bitcoin $29k+!!!

Should I buy RIOT stock now?

Riot Platforms has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.

Is Riot richer than Blizzard?

Activision Blizzard's brand is ranked #527 in the list of Global Top 1000 Brands, as rated by customers of Activision Blizzard. Their current market cap is $74.97B. Riot Games's brand is ranked #77 in the list of Global Top 100 Brands, as rated by customers of Riot Games. Their current valuation is $3.52B.

Does Riot Blockchain have debt?

Debt Level: RIOT is debt free. Reducing Debt: RIOT has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.

Who owns most of Riot Games?

In 2011, Riot Games was acquired by Chinese conglomerate Tencent. Riot Games' publishing arm, Riot Forge, oversees the production of League of Legends spin-offs by other developers.

Is Riot Blockchain a strong buy?

Riot Blockchain Stock Buy Hold or Sell Recommendation. Stocks . USA . Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Riot Blockchain is 'Strong Hold'.

Why is RIOT stock falling?

The fall of cryptocurrency prices has a direct impact on the financial performance of Riot Blockchain as its mining operations generate less revenues. Hence, the stock has become a target of short-sellers, who are increasing their bets against RIOT since late August, as indicated by the RIOT short interest.

What will Riot Blockchain be worth in 2030?

The stock is forecast to hit $46.21 on average in 2026, before falling to $11.21 by 2030. Note that price predictions can be wrong.

Is RIOT a penny stock?

Riot Blockchain gave an update on its Bitcoin mining operations for December 2022. The company also announced a name change to Riot Platforms. The stock is still a highly promotional penny stock that should be avoided by all investors.

What is the alternative to RIOT stock?

Riot Blockchain's competitors and similar companies include Tari, Blockbonds, Band Protocol and NEO.

How low will Riot Blockchain go?

Analyst Price Forecast Suggests 32.58% Upside

As of March 17, 2023, the average one-year price target for Riot Blockchain is $9.35. The forecasts range from a low of $5.05 to a high of $12.60.

Who are the largest investors in Riot Blockchain?

Riot Blockchain is not owned by hedge funds. The Vanguard Group, Inc. is currently the company's largest shareholder with 8.7% of shares outstanding. With 5.7% and 2.3% of the shares outstanding respectively, BlackRock, Inc. and Jason Les are the second and third largest shareholders.

How many Bitcoins are in RIOT?

Estimated Hash Rate Growth

In addition to the Company's self-mining operations, Riot hosts approximately 200 MW of institutional Bitcoin mining clients.

Is Riot bigger than Activision?

Activision Blizzard's brand is ranked #527 in the list of Global Top 1000 Brands, as rated by customers of Activision Blizzard. Their current market cap is $74.97B. Riot Games's brand is ranked #77 in the list of Global Top 100 Brands, as rated by customers of Riot Games. Their current valuation is $3.52B.

Where does Riot get most of their money?

Riot Games is a North American video game publisher, developer, and eSports tournament organizer founded by Marc Merrill and Brandon Beck in 2006. Riot Games generates the bulk of company revenue through in-game purchases, with these microtransactions earning approximately $31 per second.

Which stock is better Mara or RIOT?

Riot recorded a net loss of $373.2 million for the last 12 months, but its debt/equity position is far better than MARA's at 1.7%. The company had $257.1 million in cash and short-term investments, $1.45 billion in total assets, and only $154.3 million in total liabilities as of its most recent report.

What is the price target for Riot Blockchain in 2023?

Analyst Price Forecast Suggests 22.04% Downside

As of April 6, 2023, the average one-year price target for Riot Blockchain is $9.65. The forecasts range from a low of $5.05 to a high of $12.60.

What is Zacks rating on RIOT?

RIOT 9.16 +0.01(0.11%)

Zacks Investment Research is releasing its prediction for RIOT based on the 1-3 month trading system that more than doubles the S&P 500.