Riot Platforms, Inc. (RIOT) Stock Sinks As Market Gains: Here's Why

Riot Platforms, Inc. (RIOT) closed the most recent trading day at $14.54, moving -1.02% from the previous trading session. This move lagged the S&P 500's daily gain of 0.4%. Meanwhile, the Dow experienced a rise of 0.47%, and the technology-dominated Nasdaq saw an increase of 0.24%. Prior to today's trading, shares of the company had gained 39.77% outpaced the Finance sector's gain of 3.3% and the S&P 500's gain of 4.61%.Market participants will be closely following the financial results of Riot Platforms, Inc. in its upcoming release. The company plans to announce its earnings on July 31, 2025. The company is predicted to post an EPS of $0.09, indicating a 128.13% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $152.75 million, up 118.15% from the prior-year quarter. For the full year, the Zacks Consensus Estimates are projecting earnings of -$1.06 per share and revenue of $651.84 million, which would represent changes of -411.76% and +73.06%, respectively, from the prior year. Investors should also pay attention to any latest changes in analyst estimates for Riot Platforms, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 28.39% rise in the Zacks Consensus EPS estimate. Right now, Riot Platforms, Inc. possesses a Zacks Rank of #4 (Sell). The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 98, placing it within the top 40% of over 250 industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. #1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Riot Platforms, Inc. (RIOT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks