Riot Platforms, Inc. (RIOT)
NASDAQ: RIOT · Real-Time Price · USD
10.00
-0.02 (-0.20%)
At close: Jun 25, 2025, 4:00 PM
9.97
-0.03 (-0.30%)
After-hours: Jun 25, 2025, 7:59 PM EDT
Riot Platforms Stock Forecast
Stock Price Forecast
The 10 analysts that cover Riot Platforms stock have a consensus rating of "Strong Buy" and an average price target of $17.06, which forecasts a 70.6% increase in the stock price over the next year. The lowest target is $13 and the highest is $21.
Price Target: $17.06 (+70.6%)
Analyst Consensus: Strong Buy
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 4 |
| Buy | 7 | 7 | 7 | 5 | 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 | 13 | 13 | 11 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $12 → $15 | Strong Buy | Maintains | $12 → $15 | +50.00% | Jun 17, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +40.00% | Jun 13, 2025 |
| Needham | Needham | Strong Buy Maintains $14 → $12 | Strong Buy | Maintains | $14 → $12 | +20.00% | May 2, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $23 → $18 | Buy | Maintains | $23 → $18 | +80.00% | Apr 28, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $16 → $13 | Buy | Maintains | $16 → $13 | +30.00% | Mar 13, 2025 |
Financial Forecast
Revenue This Year
656.97M
from 376.66M
Increased by 74.42%
Revenue Next Year
736.62M
from 656.97M
Increased by 12.12%
EPS This Year
-1.12
from 0.34
EPS Next Year
-0.45
from -1.12
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 | 657.0M | 736.6M | 908.9M | ||
| Low | 558.2M | 579.1M | 489.6M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 99.1% | 48.4% | 92.5% | ||
| Avg | 74.4% | 12.1% | 23.4% | ||
| Low | 48.2% | -11.9% | -33.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.29 | 0.44 | 1.58 |
| Avg | -1.12 | -0.45 | 0.31 |
| Low | -1.59 | -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.