Riot Platforms (RIOT) Stock Forecast & Price Target

$11.55 +0.36 (+3.22%)

(As of 12/20/2024 05:45 PM ET)

Riot Platforms - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 11 Analyst Ratings

Sell
0

Hold
0

Buy
11

Based on 11 Wall Street analysts who have issued ratings for Riot Platforms in the last 12 months, the stock has a consensus rating of "Buy." Out of the 11 analysts, 10 have given a buy rating, and 1 has given a strong buy rating for RIOT.

Consensus Price Target

$17.05
47.62% Upside

According to the 11 analysts' twelve-month price targets for Riot Platforms, the average price target is $17.05. The highest price target for RIOT is $23.00, while the lowest price target for RIOT is $11.00. The average price target represents a forecasted upside of 47.62% from the current price of $11.55.

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RIOT Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	10 Buy rating(s)	10 Buy rating(s)	9 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$17.05	$16.35	$16.76	$17.09
Forecasted Upside	47.62% Upside	32.82% Upside	128.65% Upside	-3.87% Downside
Consensus Rating	Buy	Buy	Buy	Moderate Buy

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RIOT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

RIOT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Riot Platforms Stock vs. The Competition

Type	Riot Platforms	Business Services Companies	S&P 500
Consensus Rating Score	3.09	2.69	2.51
Consensus Rating	Buy	Moderate Buy	Moderate Buy
Predicted Upside	47.62% Upside	169.91% Upside	14.53% Upside
News Sentiment Rating	Neutral News See Recent RIOT News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/17/2024	Piper Sandler 2 of 5 stars		Initiated Coverage	Overweight	$23.00	+63.93%
12/10/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$9.50 ➝ $16.00	+42.86%
10/31/2024	Needham & Company LLC 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$11.00 ➝ $11.00	+16.03%
10/31/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Golding Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$15.00 ➝ $17.50	+84.60%
10/31/2024	Compass Point Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$18.00 ➝ $13.00	+37.13%
10/31/2024	HC Wainwright Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$17.00 ➝ $17.00	+62.21%
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10/3/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Knoblauch Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$22.00 ➝ $22.00	+202.61%
7/26/2024	Stifel Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Papanastasiou Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Moderate Buy ➝ Strong-Buy
7/26/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Speculative Buy	$18.00	+67.75%
5/31/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$15.00 ➝ $13.00	+29.35%
4/1/2024	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$20.00	+63.40%
12/7/2023	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$19.50 ➝ $22.50	+49.30%
10/30/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$15.60	+62.33%
10/9/2023	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$16.00 ➝ $15.00	+56.41%
7/18/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$12.00 ➝ $22.00	+19.05%
4/12/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$5.00 ➝ $6.00	-51.42%
2/7/2023	MKM Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$13.00 ➝ $12.00	+79.64%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 11:00 PM ET.

RIOT Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Riot Platforms is $17.05, with a high forecast of $23.00 and a low forecast of $11.00.
: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Riot Platforms in the last year. There are currently 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" RIOT shares.
: According to analysts, Riot Platforms's stock has a predicted upside of 47.62% based on their 12-month stock forecasts.
: Riot Platforms has been rated by research analysts at Cantor Fitzgerald, Compass Point, HC Wainwright, JPMorgan Chase & Co., Macquarie, Needham & Company LLC, and Piper Sandler in the past 90 days.
: Analysts like Riot Platforms more than other "business services" companies. The consensus rating for Riot Platforms is Buy while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how RIOT compares to other companies.

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This page (NASDAQ:RIOT) was last updated on 12/22/2024 by MarketBeat.com Staff

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Riot Platforms (RIOT) Stock Forecast & Price Target