Riot Platforms, Inc. (RIOT)
NASDAQ: RIOT · Real-Time Price · USD
20.04
+1.02 (5.39%)
At close: Aug 17, 2026, 4:00 PM EDT
20.32
+0.28 (1.40%)
After-hours: Aug 17, 2026, 7:59 PM EDT

Riot Platforms Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Riot Platforms stock has a consensus rating of "Strong Buy" and an average price target of $32.4. The average 1-year stock price forecast is 61.68% higher than the current stock price, while the lowest is $22 (+9.78%) and the highest is $45 (+124.55%).

Price Target: $32.4 (+61.68%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$22$32.4$30$45
Change+9.78%+61.68%+49.70%+124.55%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy131211131313
Buy666677
Hold012111
Sell000000
Strong Sell000000
Total191919202121

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Reiterates
$20$22
BuyReiterates$20$22+9.78%Aug 17, 2026
Morgan Stanley
Morgan Stanley
Buy
Reiterates
$36$43
BuyReiterates$36$43+114.57%Aug 13, 2026
KBW
KBW
Buy
Reiterates
$35
BuyReiterates$35+74.65%Aug 12, 2026
Lucid Capital
Lucid Capital
Buy
Initiates
$42
BuyInitiates$42+109.58%Aug 12, 2026
Northland Securities
Northland Securities
Buy
Maintains
$26
BuyMaintains$26+29.74%Aug 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
675.01M
from 647.44M
Increased by 4.26%
Revenue Next Year
827.12M
from 675.01M
Increased by 22.54%
EPS This Year
-1.43
from -1.38
EPS Next Year
-0.94
from -1.43
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
213.24M259.17M280.68M376.66M647.44M675.01M
Revenue Growth
1,665.11%21.54%8.30%34.20%71.89%4.26%
Gross Profit
131.15M65.48M26.35M113.90M245.56M190.69M
Gross Margin
61.50%25.26%9.39%30.24%37.93%28.25%
Operating Income
-26.58M-226.95M-141.62M92.34M-515.91M-863.47M
Net Income
-15.44M-509.55M-49.47M109.40M-663.18M-901.90M
EPS
-----1.38-1.43
Free Cash Flow
-465.09M-323.76M-429.45M-25.76M-256.66M-1.42B
No. Analysts
-----20
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High746.2M
Avg675.0M
Low585.4M

Revenue Growth

Revenue Growth202620272028
High
15.3%
Avg
4.3%
Low
-9.6%

EPS Forecast

EPS202620272028
High-1.25
Avg-1.43
Low-1.78

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-