Riot Platforms, Inc. (RIOT)

Riot Platforms Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Riot Platforms stock have an average target of 17.42, with a low estimate of 13 and a high estimate of 23. The average target predicts an increase of 135.09% from the current stock price of 7.41.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$13	$17.42	$18	$23
Change	+75.44%	+135.09%	+142.91%	+210.39%

Analyst Ratings

The average analyst rating for Riot Platforms stock from 13 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	5	5	4	4	5	5
Buy	6	6	7	7	7	7
Hold	0	0	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	12	12	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Reginald Smith JP Morgan	JP Morgan	Buy Maintains $16 → $13	Buy	Maintains	$16 → $13	+75.44%	Mar 13, 2025
Darren Aftahi Roth MKM	Roth MKM	Strong Buy Reiterates $20	Strong Buy	Reiterates	$20	+169.91%	Feb 25, 2025
Brett Knoblauch Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $23 → $21	Buy	Maintains	$23 → $21	+183.40%	Feb 25, 2025
Patrick Moley Piper Sandler	Piper Sandler	Buy Reiterates $23	Buy	Reiterates	$23	+210.39%	Feb 25, 2025
John Todaro Needham	Needham	Strong Buy Maintains $16 → $14	Strong Buy	Maintains	$16 → $14	+82.19%	Feb 25, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

730.70M

Increased by 94.00%

from 376.66M

Revenue Next Year

749.67M

Increased by 2.60%

from 730.70M

EPS This Year

-0.51

from 0.34

EPS Next Year

-0.17

from -0.51

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	12.08M	213.24M	259.17M	280.68M	376.66M	730.70M	749.67M	1.51B
Revenue Growth	76.70%	1,665.11%	21.54%	8.30%	34.20%	94.00%	2.60%	101.82%
EPS	-0.34	-0.17	-3.65	-0.28	0.34	-0.51	-0.17	-0.32
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	16	13	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	953.0M	1.1B	1.6B
Avg	730.7M	749.7M	1.5B
Low	570.8M	543.9M	1.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	153.0%	47.1%	107.7%
Avg	94.0%	2.6%	101.8%
Low	51.5%	-25.6%	93.8%

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.