Riot Platforms, Inc. (RIOT)
NASDAQ: RIOT · Real-Time Price · USD
22.53
-1.33 (-5.57%)
At close: Jul 24, 2026, 4:00 PM EDT
22.51
-0.02 (-0.09%)
After-hours: Jul 24, 2026, 7:59 PM EDT

Riot Platforms Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, Riot Platforms stock has a consensus rating of "Strong Buy" and an average price target of $29.45. The average 1-year stock price forecast is 30.71% higher than the current stock price, while the lowest is $20 (-11.23%) and the highest is $45 (+99.73%).

Price Target: $29.45 (+30.71%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$20$29.45$28$45
Change-11.23%+30.71%+24.28%+99.73%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy131312111313
Buy666666
Hold001211
Sell000000
Strong Sell000000
Total191919192020

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Needham
Needham
Buy
Maintains
$29
BuyMaintains$29+26.50%Jul 23, 2026
Morgan Stanley
Morgan Stanley
Buy
Initiates
$36
BuyInitiates$36+59.79%Jul 23, 2026
Bernstein
Bernstein
Buy
Maintains
$30
BuyMaintains$30+33.16%Jul 23, 2026
Piper Sandler
Piper Sandler
Buy
Maintains
$23
BuyMaintains$23+2.09%Jul 17, 2026
Citi
Citi
Buy
Maintains
$21$28
BuyMaintains$21$28+24.28%Jul 8, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
657.70M
from 647.44M
Increased by 1.58%
Revenue Next Year
785.86M
from 657.70M
Increased by 19.49%
EPS This Year
-1.25
from -1.38
EPS Next Year
-0.70
from -1.25
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
213.24M259.17M280.68M376.66M647.44M657.70M
Revenue Growth
1,665.11%21.54%8.30%34.20%71.89%1.58%
Gross Profit
131.15M65.48M26.35M113.90M245.56M187.85M
Gross Margin
61.50%25.26%9.39%30.24%37.93%28.56%
Operating Income
-26.58M-226.95M-141.62M92.34M-515.91M-637.51M
Net Income
-15.44M-509.55M-49.47M109.40M-663.18M-747.48M
EPS
-----1.38-1.25
Free Cash Flow
-465.09M-323.76M-429.45M-25.76M-256.66M-639.83M
No. Analysts
-----19
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High763.3M
Avg657.7M
Low561.7M

Revenue Growth

Revenue Growth202620272028
High
17.9%
Avg
1.6%
Low
-13.2%

EPS Forecast

EPS202620272028
High-1.03
Avg-1.25
Low-1.53

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-