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 $28.55. The average 1-year stock price forecast is 4.12% higher than the current stock price, while the lowest is $20 (-27.06%) and the highest is $45 (+64.11%).

Price Target: $28.55 (+4.12%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$20	$28.55	$28	$45
Change	-27.06%	+4.12%	+2.12%	+64.11%

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 '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	14	13	13	12	11	13
Buy	5	6	6	6	6	6
Hold	0	0	0	1	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	19	19	19	19	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Glagola KBW	KBW	Buy Maintains $23 → $37	Buy	Maintains	$23 → $37	+34.94%	Jun 9, 2026
Brian Dobson Clear Street	Clear Street	Buy Maintains $26 → $38	Buy	Maintains	$26 → $38	+38.58%	Jun 3, 2026
Gautam Chhugani Bernstein	Bernstein	Buy Reiterates $25 → $30	Buy	Reiterates	$25 → $30	+9.41%	Jun 3, 2026
Unknown Analyst Lucid Capital No rating	Lucid Capital	Buy Initiates $42	Buy	Initiates	$42	+53.17%	Jun 1, 2026
John Todaro Needham	Needham	Buy Reiterates $24 → $29	Buy	Reiterates	$24 → $29	+3.94%	May 22, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

663.29M

from 647.44M

2.45%

from 647.44M

Revenue Next Year

799.28M

from 663.29M

20.50%

from 663.29M

EPS This Year

-1.09

from -1.38

EPS Next Year

-0.59

from -1.09

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	213.24M	259.17M	280.68M	376.66M	647.44M	663.29M
Revenue Growth	1,665.11%	21.54%	8.30%	34.20%	71.89%	2.45%
Gross Profit	131.15M	65.48M	26.35M	113.90M	245.56M	189.45M
Gross Margin	61.50%	25.26%	9.39%	30.24%	37.93%	28.56%
Operating Income	-26.58M	-226.95M	-141.62M	92.34M	-515.91M	-591.02M
Net Income	-15.44M	-509.55M	-49.47M	109.40M	-663.18M	-720.72M
EPS	-	-	-	-	-1.38	-1.09
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

Revenue	2026	2027	2028
High	763.3M
Avg	663.3M
Low	581.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	17.9%
Avg	2.4%
Low	-10.3%

EPS Forecast

EPS	2026	2027	2028
High	-1.03
Avg	-1.09
Low	-1.20

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-