Riot Platforms, Inc. (RIOT)
NASDAQ: RIOT · Real-Time Price · USD
15.50
+0.40 (2.65%)
At close: Oct 15, 2026, 4:00 PM EDT
15.50
0.00 (0.00%)
Pre-market: Oct 16, 2026, 4:19 AM EDT

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 $30.93. The average 1-year stock price forecast is 99.55% higher than the current stock price, while the lowest is $22 (+41.94%) and the highest is $42 (+170.97%).

Price Target: $30.93 (+99.55%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$22$30.93$30$42
Change+41.94%+99.55%+93.55%+170.97%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy111313131414
Buy667777
Hold211111
Sell000000
Strong Sell000000
Total192021212222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Buy
Reiterates
$32
BuyReiterates$32+106.45%Oct 14, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$43 → $36
BuyMaintains$43 → $36+129.03%Oct 9, 2026
B. Riley Securities
B. Riley Securities
Buy
Maintains
$28 → $33
BuyMaintains$28 → $33+112.90%Sep 29, 2026
Clear Street
Clear Street
Buy
Maintains
n/a
BuyMaintainsn/an/aSep 28, 2026
Bernstein
Bernstein
Buy
Maintains
$30 → $35
BuyMaintains$30 → $35+125.81%Aug 31, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
678.46M
from 647.44M
Increased by 4.79%
Revenue Next Year
805.88M
from 678.46M
Increased by 18.78%
EPS This Year
-1.68
from -1.38
EPS Next Year
-0.88
from -1.68
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
213.24M259.17M280.68M376.66M647.44M678.46M
Revenue Growth
1,665.11%21.54%8.30%34.20%71.89%4.79%
Gross Profit
131.15M65.48M26.35M113.90M245.56M192.15M
Gross Margin
61.50%25.26%9.39%30.24%37.93%28.32%
Operating Income
-26.58M-226.95M-141.62M92.34M-515.91M-899.20M
Net Income
-15.44M-509.55M-49.47M109.40M-663.18M-949.11M
EPS
-----1.38-1.68
Free Cash Flow
-----774.31M-1.08B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High746.2M
Avg678.5M
Low585.4M

Revenue Growth

Revenue Growth202620272028
High
15.3%
Avg
4.8%
Low
-9.6%

EPS Forecast

EPS202620272028
High-1.25
Avg-1.68
Low-2.44

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-