Riot Platforms, Inc. (RIOT) Stock Forecast & Price Target
Riot Platforms, Inc. · NASDAQ
$22.30+0.50 (+2.29%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 16 firms covering Riot Platforms, Inc, 16 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets span $22.00 to $43.00, a moderate spread. The average target of $32.13 sits 44% above the current $22.30. The rating mix has stayed broadly stable, with Buy-side ratings easing from 15 to 14 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.30 next quarter toward $-0.94 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS16 ratings
Strong Buy
Strong Buy00%
Buy16100%
Hold00%
Sell00%
Strong Sell00%
Based on 16 analysts giving stock ratings to Riot Platforms, Inc.
As of Sep, 14 of 14 firms rate RIOT a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
RIOT EPS & revenue forecast
EPS · NEXT QUARTER
$-0.30
Range $-0.37 – $-0.26 · 3 analysts · -84% YoY
Next period, 3 analysts expect Riot Platforms, Inc. to earn $-0.30 a share (range $-0.37 – $-0.26), versus $-1.88 a year earlier. Full-year consensus is $-1.43, growing to $-0.94 the year after.
REVENUE · NEXT QUARTER
$174.2M
Range $121.7M – $208.2M · 3 analysts · +14% YoY
Revenue is expected to reach $174.2M (range $121.7M – $208.2M), +14.0% year-over-year. Full-year consensus is $675.4M, rising to $818.1M next year.
Top analysts covering Riot Platforms, Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on RIOT.
#1
Patrick Moley
Piper Sandler · Rank #117
Buy
$25.00+12.1% to target
Overall win rate
43%
+ Follow
#2
Mike Grondahl
Northland Capital Markets · Rank #175
Buy
$24.50+9.9% to target
Overall win rate
44%
+ Follow
#3
MC
Mike Colonnese
HC Wainwright & Co. · Rank #270
Buy
$40.00+79.4% to target
Overall win rate
35%
+ Follow
#4
Gregory Lewis
BTIG · Rank #306
Buy
$40.00+79.4% to target
Overall win rate
40%
+ Follow
#5
Brett Knoblauch
Cantor Fitzgerald · Rank #363
Buy
$30.00+34.5% to target
Overall win rate
35%
+ Follow
RIOT stock forecast FAQ
What is RIOT's average 12-month price target?+
The 15 analysts with a live target average $32.13 for Riot Platforms, Inc. over the next 12 months, ranging from a $43.00 high to a $22.00 low.
Is RIOT stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 16 analyst ratings, 16 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for RIOT?+
The Street-high target is $43.00 (Morgan Stanley), and the Street-low is $22.00 (JP Morgan). The average of all 15 active targets is $32.13.
How many Wall Street analysts cover RIOT?+
16 analysts have an active rating on Riot Platforms, Inc., and 15 firms carry a live 12-month price target.
Who is the most accurate analyst covering RIOT?+
Among analysts who currently cover RIOT, Patrick Moley of Piper Sandler has the strongest overall Quantellect track record (Rank #117). Their current call is Buy with a $25.00 target.
What is Riot Platforms, Inc.'s projected EPS for next quarter?+
The consensus estimate is $-0.30 per share (range $-0.37 – $-0.26) across 3 analysts. Full-year EPS is projected at $-1.43, rising to $-0.94 the following year.
How much revenue is Riot Platforms, Inc. expected to report next quarter?+
Consensus revenue is $174.2M (range $121.7M – $208.2M). Full-year revenue is projected at $675.4M, growing to $818.1M next year.
Have analysts been upgrading or downgrading RIOT lately?+
As of Sep, 14 of 14 firms rate RIOT a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their RIOT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
