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 48.62% higher than the current stock price, while the lowest is $22 (+0.92%) and the highest is $45 (+106.42%).

Price Target: $32.4 (+48.62%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$22	$32.4	$30	$45
Change	+0.92%	+48.62%	+37.61%	+106.42%

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	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	13	12	11	13	13	13
Buy	6	6	6	6	7	7
Hold	0	1	2	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	19	19	20	21	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gautam Chhugani Bernstein	Bernstein	Buy Maintains $30 → $35	Buy	Maintains	$30 → $35	+60.55%	Aug 31, 2026
Brian Dobson Clear Street	Clear Street	Buy Reiterates $38	Buy	Reiterates	$38	+74.31%	Aug 18, 2026
Richard Choe J.P. Morgan	J.P. Morgan	Buy Reiterates $20 → $22	Buy	Reiterates	$20 → $22	+0.92%	Aug 17, 2026
Stephen Byrd Morgan Stanley	Morgan Stanley	Buy Reiterates $36 → $43	Buy	Reiterates	$36 → $43	+97.25%	Aug 13, 2026
Stephen Glagola KBW	KBW	Buy Reiterates $35	Buy	Reiterates	$35	+60.55%	Aug 12, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

675.40M

from 647.44M

4.32%

from 647.44M

Revenue Next Year

818.14M

from 675.40M

21.13%

from 675.40M

EPS This Year

-1.43

from -1.38

EPS Next Year

-0.94

from -1.43

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	675.40M
Revenue Growth	1,665.11%	21.54%	8.30%	34.20%	71.89%	4.32%
Gross Profit	131.15M	65.48M	26.35M	113.90M	245.56M	190.80M
Gross Margin	61.50%	25.26%	9.39%	30.24%	37.93%	28.25%
Operating Income	-26.58M	-226.95M	-141.62M	92.34M	-515.91M	-863.47M
Net Income	-15.44M	-509.55M	-49.47M	109.40M	-663.18M	-915.37M
EPS	-	-	-	-	-1.38	-1.43
Free Cash Flow	-465.09M	-323.76M	-429.45M	-25.76M	-256.66M	-1.20B
No. Analysts	-	-	-	-	-	20

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	746.2M
Avg	675.4M
Low	585.4M

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	15.3%
Avg	4.3%
Low	-9.6%

EPS Forecast

Chart

EPS	2026	2027	2028
High	-1.25
Avg	-1.43
Low	-1.78

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-