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
Target Low Average Median High
Price $13 $16.9 $17.5 $23
Change +101.24% +161.61% +170.90% +256.04%
* 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 '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 544555
Buy 677775
Hold 011111
Sell 000000
Strong Sell 000000
Total 111212131311

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
More Analyst Ratings

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
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
12.08M213.24M259.17M280.68M376.66M700.43M769.44M1.07B
Revenue Growth
76.70%1,665.11%21.54%8.30%34.20%85.96%9.85%38.41%
EPS
-0.34-0.17-3.65-0.280.34-0.51-0.17-0.32
EPS Growth
--------
Forward PE
--------
No. Analysts -----16135
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
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 20252026202720282029
High
126.4%
53.5%
102.4%
Avg
86.0%
9.9%
38.4%
Low
41.4%
-22.3%
-23.7%

EPS Forecast

EPS 202520262027
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 202520262027
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.