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Riot Platforms (RIOT): analyst forecast and price target

$13.72 −11.48% close 16.10.26 · market cap $5.8B · Financial · Financial - Capital Markets IWM 0.19%
Price targets and ratings of

Analyst consensus

Strong Buy

15 Buy0 Hold0 Sell

Ratings of 15 analysts in the last 3 months

12-month forecast

$32.54+137.1% upside

Based on 15 price targets given in the last 3 months, the average target is $32.54, the highest $42.00, the lowest $22.00. The average is +137.1% from the last price of $13.72.

$20.00$30.00$40.00Jan 26AprJulOctJan 27AprJulOctHigh$42.00Average$32.54Low$22.00
Highest target $42.00 Average target $32.54 Lowest target $22.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Brett Knoblauch★★★★★★★★★★#682 · hits 48% · avg +16.9% Cantor Fitzgerald $30.00 → $24.00−20.0% Buy +74.9% Reiterated 16.10.26on TipRanks 08:25 −10.4%
Peter Christiansen★★★★★★★★★★#10530 · hits 48% · avg −1.5% Citi $32.00 Buy +133.2% Reiterated 13.10.26on TipRanks Oct 14 04:55 +1.2%next day −8.3%
Stephen Byrd★★★★★★★★★★#1531 · hits 52% · avg +6.9% Morgan Stanley $43.00 → $35.50−17.4% Buy +158.7% Reiterated 09.10.26on TipRanks 09:15 −0.3%next day −2.4% · 5 days −16.8%
Nick Giles★★★★★★★★★★#450 · hits 51% · avg +32.1% B. Riley Securities $28.00 → $33.00+17.9% Buy +140.5% Reiterated 29.09.26on TipRanks 08:40 −0.9%next day −5.6% · 5 days −13.4%
Brian Dobson★★★★★★★★★★#12016 · hits 35% · avg −7.6% Clear Street — Buy — Reiterated 28.09.26on TipRanks 09:00 −5.3%next day −0.9% · 5 days −11.8%
Gautam Chhugani★★★★★★★★★★#1591 · hits 35% · avg +15.9% Bernstein $30.00 → $35.00+16.7% Buy +155.1% Reiterated 31.08.26on TipRanks 07:30 +0.3%next day −5.7% · 5 days +17.3%
Richard Choe★★★★★★★★★★#1839 · hits 66% · avg +12.7% J.P. Morgan $20.00 → $22.00+10.0% Buy +60.3% Assigned 17.08.26on TipRanks 07:38 +5.9%next day −5.0% · 5 days +1.0%
Stephen Glagola★★★★★★★★★★#6411 · hits 48% · avg +1.8% KBW $35.00 Buy +155.1% Reiterated 12.08.26on TipRanks 06:50 +0.1%next day −6.2% · 5 days −4.2%
Darren Aftahi★★★★★★★★★★#1081 · hits 38% · avg +12.8% Lucid Capital $42.00 Buy +206.1% Initiated 11.08.26on TipRanks Aug 12 02:20 +4.7%next day +0.1% · 5 days −6.2%
Michael Grondahl★★★★★★★★★★#478 · hits 47% · avg +20.8% Northland Securities $26.00 Buy +89.5% Reiterated 11.08.26on TipRanks 11:22 +4.7%next day +0.1% · 5 days −6.2%
Martin Toner★★★★★★★★★★#3239 · hits 53% · avg +13.1% ATB Cormark Capital Markets $28.00 → $36.00+28.6% Buy +162.4% Reiterated 11.08.26on TipRanks 08:10 +4.7%next day +0.1% · 5 days −6.2%
Patrick Moley★★★★★★★★★★#127 · hits 71% · avg +31.7% Piper Sandler $23.00 → $25.00+8.7% Buy +82.2% Assigned 11.08.26on TipRanks 06:55 +4.7%next day +0.1% · 5 days −6.2%
Gregory Lewis★★★★★★★★★★#224 · hits 56% · avg +26.0% BTIG $40.00 Buy +191.5% Reiterated 11.08.26on TipRanks 06:55 +4.7%next day +0.1% · 5 days −6.2%
Mike Colonnese★★★★★★★★★★#145 · hits 53% · avg +56.7% H.C. Wainwright $25.00 → $40.00+60.0% Buy +191.5% Reiterated 11.08.26on TipRanks 06:10 +4.7%next day +0.1% · 5 days −6.2%
John Todaro★★★★★★★★★★#53 · hits 60% · avg +58.9% Needham $28.50 → $30.00+5.3% Buy +118.7% Assigned 11.08.26on TipRanks 03:05 +4.7%next day +0.1% · 5 days −6.2%
Jonathan Petersen★★★★★★★★★★#809 · hits 63% · avg +8.3% Jefferies $37.00 Hold +169.7% Initiated 14.05.26on TipRanks 05:20 −2.0%next day −3.4% · 5 days +0.1%
Bill Papanastasiou★★★★★★★★★★#115 · hits 69% · avg +83.1% Chardan Capital $27.50 Buy +100.4% Initiated 26.04.26on TipRanks 20:50 −1.9%next day −8.9% · 5 days +1.8%
Reginald Smith★★★★★★★★★★#2055 · hits 53% · avg +10.1% J.P. Morgan — Buy — Reiterated 18.02.26on TipRanks Feb 19 08:15 +5.2%next day +5.0% · 5 days +9.3%
Gregory P Miller★★★★★★★★★★#1625 · hits 51% · avg +10.7% Citizens JMP $25.00 Buy +82.2% Initiated 19.11.25on TipRanks 05:05 −4.6%next day −2.7% · 5 days +9.5%
Unknown Analyst Mizuho Securities $25.00 → $26.00+4.0% Buy +89.5% Reiterated 31.10.25on TipRanks 09:50 −6.5%next day +4.6% · 5 days −12.4%
Michael Donovan★★★★★★★★★★#5002 · hits 56% · avg +9.3% Compass Point $29.00 Buy +111.4% Reiterated 31.10.25on TipRanks 08:50 −6.5%next day +4.6% · 5 days −12.4%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Riot Platforms

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Gregory Lewis★★★★★★★★★★BTIG · #224
Hits 56%274 of 493 Average return +26.0%
1 year Gregory Lewis★★★★★★★★★★BTIG · #224
Hits 56%274 of 493 Average return +26.0%
2 years Gautam Chhugani★★★★★★★★★★Bernstein · #1591
Hits 35%52 of 147 Average return +15.9%

Most profitable

3 months Michael Grondahl★★★★★★★★★★Northland Securities · #478
Hits 47%228 of 489 Average return +20.8%
1 year Gregory Lewis★★★★★★★★★★BTIG · #224
Hits 56%274 of 493 Average return +26.0%
2 years Gautam Chhugani★★★★★★★★★★Bernstein · #1591
Hits 35%52 of 147 Average return +15.9%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $33.50 at a price of $20.15 (+66.3%); now: $32.54 at $13.72 (+137.1%).

$20.00$30.00Sep 15Oct 1Oct 15Top analysts$32.38Average target$32.54Price$13.72

PriceAverage targetTop analysts’ target

Recommendation trend

010203010262Oct 25428Nov524Dec116Jan 26115Feb188Mar129Apr14161May4201Jun5231Jul1419Aug1513Sep166Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy1445141516
Buy16202319136
Hold111000
Sell000000

Earnings and sales forecast

Next report: 10.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $-0.33 (from $-0.56 to $-0.12). Last quarter: $-0.68.

Sales

Next quarter’s sales estimate — $160M (from $122M to $198M). Last quarter: $174M.

Best top-analyst consensus in the sector · Financial

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About Riot Platforms

Riot Platforms, Inc., along with its associated companies, primarily operates as a Bitcoin mining enterprise within the United States. The firm's activities are divided into two main areas: Bitcoin Mining and Engineering. It develops and manages essential infrastructure for large-scale Bitcoin mining operations at sites in Rockdale and Navarro counties, Texas, as well as two facilities in Paducah, Kentucky. Beyond its mining endeavors, the company's Engineering division designs and manufactures specialized power distribution equipment and custom-engineered electrical solutions. This segment also provides comprehensive services for the design, production, and installation of electricity distribution products to a diverse client base, including major commercial organizations, government agencies, and customers in the data center, power generation, utility, water, industrial, and renewable energy sectors. Established in the year 2000, Riot Platforms is headquartered in Castle Rock, Colorado.

Data from the stock’s TipRanks forecast page, read 28 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗