Riot Platforms, Inc. (RIOT)
NASDAQ: RIOT · Real-Time Price · USD
9.41
-0.09 (-0.95%)
Jun 5, 2025, 12:18 PM - Market open

Riot Platforms Stock Forecast

Stock Price Forecast

According to 10 professional analysts, the 12-month price target for Riot Platforms stock ranges from a low of $12 to a high of $21. The average analyst price target of $16.25 forecasts a 72.69% increase in the stock price over the next year.

Price Target: $16.25 (+72.69%)
Analyst Consensus: Strong Buy
Target Low Average Median High
Price $12 $16.25 $17.5 $21
Change +27.52% +72.69% +85.97% +123.17%
* Price targets were last updated on May 2, 2025.

Analyst Ratings

The average analyst rating for Riot Platforms stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 445555
Buy 777755
Hold 111111
Sell 000000
Strong Sell 000000
Total 121213131111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Maintains
$14$12
Strong Buy Maintains $14$12 +27.52% May 2, 2025
Piper Sandler
Piper Sandler
Buy
Maintains
$23$18
Buy Maintains $23$18 +91.29% Apr 28, 2025
JP Morgan
JP Morgan
Buy
Maintains
$16$13
Buy Maintains $16$13 +38.15% Mar 13, 2025
Roth MKM
Roth MKM
Strong Buy
Reiterates
$20
Strong Buy Reiterates $20 +112.54% Feb 25, 2025
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$23$21
Buy Maintains $23$21 +123.17% Feb 25, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
651.61M
from 376.66M
Increased by 73.00%
Revenue Next Year
727.07M
from 651.61M
Increased by 11.58%
EPS This Year
-1.21
from 0.34
EPS Next Year
-0.63
from -1.21
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
12.08M213.24M259.17M280.68M376.66M651.61M727.07M883.14M
Revenue Growth
76.70%1,665.11%21.54%8.30%34.20%73.00%11.58%21.47%
EPS
-0.34-0.17-3.65-0.280.34-1.21-0.63-0.37
EPS Growth
--------
Forward PE
--------
No. Analysts
-----16158
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 750.0M 975.0M 1.4B
Avg 651.6M 727.1M 883.1M
Low 558.2M 579.1M 489.6M

Revenue Growth

Revenue Growth 20252026202720282029
High
99.1%
49.6%
95.0%
Avg
73.0%
11.6%
21.5%
Low
48.2%
-11.1%
-32.7%

EPS Forecast

EPS 202520262027
High 0.29 0.44 1.58
Avg -1.21 -0.63 -0.37
Low -1.72 -2.00 -2.31

EPS Growth

EPS Growth 202520262027
High
-14.6%
- -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.