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NASDAQ: RIOT
Riot Platforms Inc Stock Forecast, Predictions & Price Target

Analyst price target for RIOT

Based on 7 analysts offering 12 month price targets for Riot Platforms Inc.
Min Forecast
$15.00+49.11%
Avg Forecast
$17.86+77.5%
Max Forecast
$22.50+123.66%

Should I buy or sell RIOT stock?

Based on 7 analysts offering ratings for Riot Platforms Inc.
Strong Buy
Strong Buy
4 analysts 57.14%
Buy
3 analysts 42.86%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RIOT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-06Find Out Why
lockedlocked$00.00+00.00%2024-05-02Find Out Why
lockedlocked$00.00+00.00%2024-05-01Find Out Why
lockedlocked$00.00+00.00%2024-04-10Find Out Why
lockedlocked$00.00+00.00%2024-04-01
ATB Capital
Bottom 36%
36
BuyInitiates Coverage On$20.00+98.81%2024-04-01
Roth MKM
Bottom 2%
2
Strong BuyMaintains$22.50+123.66%2023-12-07Find out why

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Forecast return on equity

Is RIOT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
34.27%

Forecast return on assets

Is RIOT forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

RIOT revenue forecast

What is RIOT's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$421.1M+46.85%
Avg 2 year Forecast
$780.6M+172.24%
Avg 3 year Forecast
$930.9M+224.64%
RIOT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RIOT earnings growth forecast

How is RIOT forecast to perform vs Capital Markets companies and vs the US market?
Company
17.29%
Industry
52.68%
Market
18.21%
RIOT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
RIOT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
RIOT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

RIOT revenue growth forecast

How is RIOT forecast to perform vs Capital Markets companies and vs the US market?
Company
51.33%
Industry
12.78%
Market
9.95%
RIOT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RIOT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RIOT vs Capital Market Stocks

TickerPricePrice TargetUp/downsideConsensus
RIOT$10.06$17.86+77.50%Strong Buy
PJT$101.22$96.20-4.96%Hold
SNEX$75.31N/AN/A
CLSK$16.03$22.00+37.24%Strong Buy
VIRT$23.46$22.24-5.19%Buy

Riot Platforms Stock Forecast FAQ

Is Riot Platforms Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: RIOT) stock is to Strong Buy RIOT stock.

Out of 7 analysts, 4 (57.14%) are recommending RIOT as a Strong Buy, 3 (42.86%) are recommending RIOT as a Buy, 0 (0%) are recommending RIOT as a Hold, 0 (0%) are recommending RIOT as a Sell, and 0 (0%) are recommending RIOT as a Strong Sell.

If you're new to stock investing, here's how to buy Riot Platforms stock.

What is RIOT's revenue growth forecast for 2024-2026?

(NASDAQ: RIOT) Riot Platforms's forecast annual revenue growth rate of 51.33% is forecast to beat the US Capital Markets industry's average forecast revenue growth rate of 12.78%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.95%.

Riot Platforms's revenue in 2024 is $286,738,000.On average, 6 Wall Street analysts forecast RIOT's revenue for 2024 to be $121,602,431,417, with the lowest RIOT revenue forecast at $91,206,949,495, and the highest RIOT revenue forecast at $158,173,290,623. On average, 4 Wall Street analysts forecast RIOT's revenue for 2025 to be $225,429,860,622, with the lowest RIOT revenue forecast at $144,354,930,957, and the highest RIOT revenue forecast at $287,629,806,216.

In 2026, RIOT is forecast to generate $268,822,686,608 in revenue, with the lowest revenue forecast at $214,263,990,685 and the highest revenue forecast at $323,381,382,531.

What is RIOT's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: RIOT) forecast ROA is N/A, which is lower than the forecast US Capital Markets industry average of N/A.

What is RIOT's Price Target?

According to 7 Wall Street analysts that have issued a 1 year RIOT price target, the average RIOT price target is $17.86, with the highest RIOT stock price forecast at $22.50 and the lowest RIOT stock price forecast at $15.00.

On average, Wall Street analysts predict that Riot Platforms's share price could reach $17.86 by May 6, 2025. The average Riot Platforms stock price prediction forecasts a potential upside of 77.5% from the current RIOT share price of $10.06.

What is RIOT's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: RIOT) forecast ROE is N/A, which is considered weak.
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