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
* 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 '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Buy | 7 | 7 | 7 | 7 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 13 | 13 | 11 | 11 |
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 |
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
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 99.1% | 49.6% | 95.0% | ||
| Avg | 73.0% | 11.6% | 21.5% | ||
| Low | 48.2% | -11.1% | -32.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| 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 | 2025 | 2026 | 2027 |
|---|---|---|---|
| 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.