Riot Platforms Stock Forecast

Stock Price Forecast

According to 22 analysts polled by S&P Global, Riot Platforms stock has a consensus rating of "Strong Buy" and an average price target of $28.34. The average 1-year stock price forecast is 69.60% higher than the current stock price, while the lowest is $13 (-22.20%) and the highest is $42 (+151.35%).

Price Target: $28.34 (+69.60%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$13	$28.34	$28.25	$42
Change	-22.20%	+69.60%	+69.06%	+151.35%

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

Rating	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26	Nov '26
Strong Buy	13	13	13	14	14	14
Buy	6	7	7	7	7	7
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	21	21	22	22	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Christiansen Citi	Citi	Buy Maintains $32	Buy	Maintains	$32	+91.50%	Nov 6, 2026
Michael Grondahl Northland Securities	Northland Securities	Buy Maintains $26 → $28	Buy	Maintains	$26 → $28	+67.56%	Nov 5, 2026
Martin Toner ATB Cormark Capital Markets	ATB Cormark Capital Markets	Buy Maintains $30 → $50	Buy	Maintains	$30 → $50	+199.22%	Nov 5, 2026
Darren Aftahi Lucid Capital	Lucid Capital	Buy Maintains $42 → $46	Buy	Maintains	$42 → $46	+175.28%	Nov 5, 2026
Mike Colonnese H.C. Wainwright	H.C. Wainwright	Buy Reiterates $35	Buy	Reiterates	$35	+109.46%	Nov 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

689.44M

from 647.44M

6.49%

from 647.44M

Revenue Next Year

796.18M

from 689.44M

15.48%

from 689.44M

EPS This Year

-1.70

from -1.38

EPS Next Year

-0.95

from -1.70

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	689.44M
Revenue Growth	1,665.11%	21.54%	8.30%	34.20%	71.89%	6.49%
Gross Profit	131.15M	65.48M	26.35M	113.90M	245.56M	162.02M
Gross Margin	61.50%	25.26%	9.39%	30.24%	37.93%	23.50%
Operating Income	-26.58M	-226.95M	-141.62M	92.34M	-515.91M	-890.71M
Net Income	-15.44M	-509.55M	-49.47M	109.40M	-663.18M	-978.81M
EPS	-	-	-	-	-1.38	-1.70
Free Cash Flow	-	-	-	-	-774.31M	-540.57M
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	720.4M
Avg	689.4M
Low	658.5M

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	11.3%
Avg	6.5%
Low	1.7%

EPS Forecast

Chart

EPS	2026	2027	2028
High	-1.25
Avg	-1.70
Low	-2.44

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-