Riot Platforms, Inc. (RIOT)
NASDAQ: RIOT · Real-Time Price · USD
13.22
+0.95 (7.70%)
At close: Aug 22, 2025, 4:00 PM
13.29
+0.07 (0.57%)
After-hours: Aug 22, 2025, 4:26 PM EDT
Riot Platforms Stock Forecast
Stock Price Forecast
The 9 analysts that cover Riot Platforms stock have a consensus rating of "Buy" and an average price target of $17.03, which forecasts a 28.87% increase in the stock price over the next year. The lowest target is $13 and the highest is $24.
Price Target: $17.03 (+28.87%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Riot Platforms stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Buy | 7 | 5 | 5 | 5 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 11 | 11 | 10 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $25 → $24 | Buy | Maintains | $25 → $24 | +81.61% | Aug 6, 2025 |
| Citigroup | Citigroup | Hold Initiates $14 | Hold | Initiates | $14 | +4.05% | Aug 6, 2025 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $14 → $15 | Buy → Hold | Downgrades | $14 → $15 | +13.51% | Jul 28, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $18 | Buy | Maintains | $18 | +36.21% | Jul 21, 2025 |
| Needham | Needham | Strong Buy Maintains $12 → $15 | Strong Buy | Maintains | $12 → $15 | +13.51% | Jun 17, 2025 |
Financial Forecast
Revenue This Year
670.76M
from 376.66M
Increased by 78.08%
Revenue Next Year
756.09M
from 670.76M
Increased by 12.72%
EPS This Year
-1.17
from 0.34
EPS Next Year
-0.50
from -1.17
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 787.7M | 1.1B | 1.6B | ||
| Avg | 670.8M | 756.1M | 947.9M | ||
| Low | 592.1M | 579.1M | 489.6M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 109.1% | 59.1% | 110.3% | ||
| Avg | 78.1% | 12.7% | 25.4% | ||
| Low | 57.2% | -13.7% | -35.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.29 | 0.44 | 1.58 |
| Avg | -1.17 | -0.50 | 0.14 |
| Low | -1.75 | -1.00 | -0.43 |
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.