Free Trial

Riot Platforms (RIOT) Stock Forecast & Price Target

Riot Platforms logo
$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

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.
Get the Latest News and Ratings for RIOT and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Riot Platforms and its competitors.

Sign Up

RIOT Analyst Ratings Over Time

TypeCurrent 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 Upside47.62% Upside32.82% Upside128.65% Upside-3.87% Downside
Consensus Rating
Buy
Buy
Buy
Moderate Buy

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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Riot Platforms Stock vs. The Competition

TypeRiot PlatformsBusiness Services CompaniesS&P 500
Consensus Rating Score
3.09
2.69
2.51
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside47.62% Upside169.91% Upside14.54% Upside
News Sentiment Rating
Neutral News

See Recent RIOT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/17/2024Piper Sandler
2 of 5 stars
 Initiated CoverageOverweight$23.00+63.93%
12/10/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$9.50 ➝ $16.00+42.86%
10/31/2024Needham & Company LLC
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$11.00 ➝ $11.00+16.03%
10/31/2024Macquarie
Subscribe to MarketBeat All Access for the recommendation accuracy rating
P. Golding
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetOutperform ➝ Outperform$15.00 ➝ $17.50+84.60%
10/31/2024Compass Point
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$18.00 ➝ $13.00+37.13%
10/31/2024HC Wainwright
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Buy$17.00 ➝ $17.00+62.21%
URGENT: This Altcoin Opportunity Won’t Wait – Act Now (Ad)

Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.

10/3/2024Cantor Fitzgerald
Subscribe to MarketBeat All Access for the recommendation accuracy rating
B. Knoblauch
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOverweight ➝ Overweight$22.00 ➝ $22.00+202.61%
7/26/2024Stifel Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
B. Papanastasiou
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeModerate Buy ➝ Strong-Buy
7/26/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageSpeculative Buy$18.00+67.75%
5/31/2024B. Riley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$15.00 ➝ $13.00+29.35%
4/1/2024ATB Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOutperform$20.00+63.40%
12/7/2023Roth Mkm
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$19.50 ➝ $22.50+49.30%
10/30/2023Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOutperform$15.60+62.33%
10/9/2023Northland Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform ➝ Outperform$16.00 ➝ $15.00+56.41%
7/18/2023BTIG Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$12.00 ➝ $22.00+19.05%
4/12/2023Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetEqual Weight$5.00 ➝ $6.00-51.42%
2/7/2023MKM 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 04:03 AM 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 research analysts have issued "buy," "hold," and "sell" ratings for Riot Platforms in the last twelve months. There are currently 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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.


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