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Riot Platforms (RIOT)
NASDAQ:RIOT

Riot Platforms (RIOT) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

RIOT Analyst Ratings

Strong Buy
10Ratings
10 Buy
0 Hold
0 Sell
Based on 10 analysts giving stock ratings to
Riot
Platforms
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

RIOT Stock 12 Month Forecast

Average Price Target

$19.65
▲(143.80% Upside)
Based on 10 Wall Street analysts offering 12 month price targets for Riot Platforms in the last 3 months. The average price target is $19.65 with a high forecast of $25.50 and a low forecast of $15.50. The average price target represents a 143.80% change from the last price of $8.06.
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Highest Price Target$25.50Average Price Target$19.65Lowest Price Target$15.50
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
BTIG
$22.00
Buy
172.95%
Upside
Reiterated
07/18/23
Riot Platforms price target raised to $22 from $12 at BTIGRiot Platforms price target raised to $22 from $12 at BTIG
Singular
Buy
Reiterated
02/27/24
Riot Platforms (RIOT) PT Raised to $20 at Singular Research, Aggressive Hash Rate Growth UnderwaySingular Research analyst Chris Sakai raised the price target on Riot Platforms (NASDAQ: RIOT) to $20.00 (from $19.50) while maintaining a Buy rating.

RIOT Analyst Recommendation Trends

Rating
Dec 23
Jan 24
Feb 24
Mar 24
Apr 24
Strong Buy
8
5
3
4
7
Buy
4
5
13
14
12
Hold
1
1
1
0
0
Sell
3
2
1
0
0
Strong Sell
0
0
0
0
0
total
16
13
18
18
19
In the current month, RIOT has received 19 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. RIOT average Analyst price target in the past 3 months is $19.65.
Each month's total comprises the sum of three months' worth of ratings.
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RIOT Financial Forecast

RIOT Earnings Forecast

Next quarter’s earnings estimate for RIOT is -$0.20 with a range of -$0.31 to -$0.06. The previous quarter’s EPS was $0.45. RIOT beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 60.25% of the time in the same period. In the last calendar year RIOT has Outperformed its overall industry.
Next quarter’s earnings estimate for RIOT is -$0.20 with a range of -$0.31 to -$0.06. The previous quarter’s EPS was $0.45. RIOT beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 60.25% of the time in the same period. In the last calendar year RIOT has Outperformed its overall industry.

RIOT Sales Forecast

Next quarter’s sales forecast for RIOT is $95.73M with a range of $85.50M to $103.00M. The previous quarter’s sales results were $78.81M. RIOT beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 81.84% of the time in the same period. In the last calendar year RIOT has Underperformed its overall industry.
Next quarter’s sales forecast for RIOT is $95.73M with a range of $85.50M to $103.00M. The previous quarter’s sales results were $78.81M. RIOT beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 81.84% of the time in the same period. In the last calendar year RIOT has Underperformed its overall industry.

RIOT Stock Forecast FAQ

What is RIOT’s average 12-month price target, according to analysts?
Based on analyst ratings, Riot Platforms’s 12-month average price target is $19.65.
    What is RIOT’s upside potential, based on the analysts’ average price target?
    Riot Platforms has 143.80% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is RIOT a Buy, Sell or Hold?
          Riot Platforms has a conensus rating of Strong Buy which is based on 10 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Riot Platforms’s price target?
            The average price target for Riot Platforms is $19.65. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $25.50 ,the lowest forecast is $15.50. The average price target represents 143.80% Increase from the current price of $8.06.
              What do analysts say about Riot Platforms?
              Riot Platforms’s analyst rating consensus is a Strong Buy. This is based on the ratings of 10 Wall Streets Analysts.
                How can I buy shares of RIOT?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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