Riot Platforms (RIOT) Q3 2026 earnings — TrendMatrix coverage

Adjusted EPS

$0.13

Estimate

-$0.31

Surprise

+141.5%

Revenue (period 2026-09-30)

$181.4M

Score today

5.5/10

Revenue source: xbrl.

Riot Platforms (RIOT) beat the -$0.31 estimate with adjusted EPS of $0.13 — a large 141.5% upside surprise.

• Needham Maintains Buy on Riot Platforms, Raises Price Target to $31 — benzinga, 2026-11-05
• HC Wainwright & Co. Maintains Buy on Riot Platforms, Raises Price Target to $35 — benzinga, 2026-11-04
• 10 Information Technology Stocks With Whale Alerts In Today’s Session — benzinga, 2026-11-04

TrendMatrix currently rates RIOT Sell at 5.5/10; no pre/post engine snapshot brackets this report.

1 of the last 4 quarters beat the estimate; this quarter's +141.5% surprise compares with a -94.2% four-quarter average.

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 price

$15.37

Price target

$25.50

Stop

$14.29

Upside to target

+65.9%

Reward-to-risk

4.4:1

Model outputs from TrendMatrix’s engine as of 2026-11-05 — shown for context, not personalized investment advice.

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

$5.77B

P/E (fwd)

-16.1

52-week range

$11.50–$30.32

Off 52-week high

49.3%

RSI (14)

49

Volume vs avg

3.63×

Score today

5.5/10