Riot Platforms (RIOT) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- -$0.66
- Estimate
- -$0.32
- Surprise
- -108.8%
- Revenue (period 2026-06-30)
- $174.2M
- Score today
- 5.3/10
Revenue source: xbrl.
How the report landed
Riot Platforms (RIOT) reported a wider loss than forecast — adjusted EPS of -$0.66 against the -$0.32 estimate (a 108.8% shortfall).
Where TrendMatrix's rating stands now
TrendMatrix currently rates RIOT Sell at 5.3/10; no pre/post engine snapshot brackets this report.
1 of the last 4 quarters beat the estimate; this quarter's -108.8% surprise compares with a -52.2% four-quarter average. Next scheduled report: 2026-10-29.
What argues against it
- Quality below floor (2.4 < 4.0)
- Momentum score 4.0/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $15.50
- Price target
- $28.08
- Stop
- $14.42
- Upside to target
- +81.2%
- Reward-to-risk
- 5.4:1
Risk check: RSI 8 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-16 — shown for context, not personalized investment advice.
RIOT at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Capital Markets
- Market cap
- $5.67B
- P/E (fwd)
- -17.1
- 52-week range
- $11.50–$30.32
- Off 52-week high
- 48.9%
- RSI (14)
- 8
- Volume vs avg
- 1.21×
- Score today
- 5.3/10