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RIOTRiot Platforms, Inc.Sell5.1·$21.63+2.32%

Riot Platforms (RIOT) Q2 2026 earnings — TrendMatrix coverage

MISS · WIDER LOSS-108.8% vs estimateEPS -$0.66 vs -$0.32 estCurrent verdict Sell 5.1/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
-$0.66
Estimate
-$0.32
Surprise
-108.8%
Revenue (period 2026-06-30)
$174.2M
Score today
5.1/10

Revenue source: xbrl.

Report record · Q2 2026

How the report landed

Riot Platforms (RIOT) reported a wider loss than forecast — diluted EPS of -$0.66 against the -$0.32 estimate (a 108.8% shortfall).

Current read · as of 2026-09-05

Where TrendMatrix's rating stands now

TrendMatrix currently rates RIOT Sell at 5.1/10; 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 -45.8% four-quarter average. Next scheduled report: 2026-10-29.

What argues against it

  • Quality below floor (2.4 < 4.0)

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.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$21.63
Price target
$29.16
Stop
$20.27
Upside to target
+34.8%
Reward-to-risk
2.3:1

Model outputs from TrendMatrix’s engine as of 2026-09-05 — shown for context, not personalized investment advice.

Financial Services context

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
$8.18B
P/E (fwd)
-23.3
52-week range
$11.50$30.32
Off 52-week high
28.7%
RSI (14)
56
Volume vs avg
0.71×
Score today
5.1/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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