Riot Platforms, Inc. (RIOT) Stock Forecast & Price Target
Riot Platforms, Inc. · NASDAQ
$21.24-0.73 (-3.32%)
15-min delayed · Jul 28, 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 moderate buy consensus. Targets range widely, $20.00 to $42.00 (about 2.1x), a sign of real disagreement on valuation. The average target of $28.03 sits 32% above the current $21.24. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 15 to 16 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.24 next quarter toward $-0.80 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS16 ratings
Moderate Buy
Strong Buy00%
Buy16100%
Hold00%
Sell00%
Strong Sell00%
Based on 16 analysts giving stock ratings to Riot Platforms, Inc.
As of Jul, 16 of 16 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
$-0.24
Range $-0.32 – $-0.11 · 4 analysts · -227% YoY
Next period, 4 analysts expect Riot Platforms, Inc. to earn $-0.24 a share (range $-0.32 – $-0.11), versus $0.19 a year earlier. Full-year consensus is $-1.51, growing to $-0.80 the year after.
REVENUE · NEXT QUARTER
$157.1M
Range $124.5M – $189.0M · 4 analysts · -13% YoY
Revenue is expected to reach $157.1M (range $124.5M – $189.0M), -12.8% year-over-year. Full-year consensus is $657.1M, rising to $780.2M 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 #92
Buy
$23.00+8.3% to target
Overall win rate
42%
+ Follow
#2
Mike Grondahl
Northland Capital Markets · Rank #123
Buy
$24.50+15.3% to target
Overall win rate
45%
+ Follow
#3
Gregory Lewis
BTIG · Rank #251
Buy
$40.00+88.3% to target
Overall win rate
40%
+ Follow
#4
Brett Knoblauch
Cantor Fitzgerald · Rank #268
Buy
$23.00+8.3% to target
Overall win rate
36%
+ Follow
#5
Darren Aftahi
Roth Capital · Rank #299
Buy
$38.00+78.9% to target
Overall win rate
25%
+ Follow
RIOT stock forecast FAQ
What is RIOT's average 12-month price target?+
The 15 analysts with a live target average $28.03 for Riot Platforms, Inc. over the next 12 months, ranging from a $42.00 high to a $20.00 low.
Is RIOT stock a Buy, Sell or Hold right now?+
The current consensus is Moderate 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 $42.00 (Roth Capital), and the Street-low is $20.00 (JP Morgan). The average of all 15 active targets is $28.03.
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 #92). Their current call is Buy with a $23.00 target.
What is Riot Platforms, Inc.'s projected EPS for next quarter?+
The consensus estimate is $-0.24 per share (range $-0.32 – $-0.11) across 4 analysts. Full-year EPS is projected at $-1.51, rising to $-0.80 the following year.
How much revenue is Riot Platforms, Inc. expected to report next quarter?+
Consensus revenue is $157.1M (range $124.5M – $189.0M). Full-year revenue is projected at $657.1M, growing to $780.2M next year.
Have analysts been upgrading or downgrading RIOT lately?+
As of Jul, 16 of 16 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.
