Riot Platforms, Inc. (RIOT)
NASDAQ: RIOT · Real-Time Price · USD
6.46
+0.10 (1.57%)
At close: Apr 17, 2025, 4:00 PM
6.47
+0.01 (0.15%)
After-hours: Apr 17, 2025, 7:18 PM EDT
Riot Platforms Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Riot Platforms stock have an average target of 16.9, with a low estimate of 13 and a high estimate of 23. The average target predicts an increase of 161.61% from the current stock price of 6.46.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 13, 2025.
Analyst Ratings
The average analyst rating for Riot Platforms stock from 11 stock analysts 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 4 | 4 | 5 | 5 | 5 |
Buy | 6 | 7 | 7 | 7 | 7 | 5 |
Hold | 0 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 11 | 12 | 12 | 13 | 13 | 11 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
JP Morgan | JP Morgan | Buy Maintains $16 → $13 | Buy | Maintains | $16 → $13 | +101.24% | Mar 13, 2025 |
Roth MKM | Roth MKM | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +209.60% | Feb 25, 2025 |
Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $23 → $21 | Buy | Maintains | $23 → $21 | +225.08% | Feb 25, 2025 |
Piper Sandler | Piper Sandler | Buy Reiterates $23 | Buy | Reiterates | $23 | +256.04% | Feb 25, 2025 |
Needham | Needham | Strong Buy Maintains $16 → $14 | Strong Buy | Maintains | $16 → $14 | +108.98% | Feb 25, 2025 |
Financial Forecast
Revenue This Year
700.43M
from 376.66M
Increased by 85.96%
Revenue Next Year
769.44M
from 700.43M
Increased by 9.85%
EPS This Year
-0.51
from 0.34
EPS Next Year
-0.17
from -0.51
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 852.7M | 1.1B | 1.6B | ||
Avg | 700.4M | 769.4M | 1.1B | ||
Low | 532.7M | 543.9M | 587.0M |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 126.4% | 53.5% | 102.4% | ||
Avg | 86.0% | 9.9% | 38.4% | ||
Low | 41.4% | -22.3% | -23.7% |
EPS Forecast
EPS | 2025 | 2026 | 2027 |
---|---|---|---|
High | 2.40 | 2.26 | 1.81 |
Avg | -0.51 | -0.17 | -0.32 |
Low | -1.63 | -1.95 | -2.30 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 |
---|---|---|---|
High | 598.5% | - | - |
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.