Consensus Rating1
Buy
Highest Price Target1
$46.00
Lowest Price Target1
$6.00
Consensus Price Target1
$18.73

Riot Platforms (NASDAQ:RIOT) Stock, Analyst Ratings, Price Targets, Forecasts

Riot Platforms Inc has a consensus price target of $18.73 based on the ratings of 18 analysts. The high is $46 issued by Roth Capital on December 28, 2021. The low is $6 issued by Wells Fargo on April 12, 2023. The 3 most-recent analyst ratings were released by Compass Point, Macquarie, and Needham on October 31, 2024, respectively. With an average price target of $13.83 between Compass Point, Macquarie, and Needham, there's an implied 12.01% upside for Riot Platforms Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Jul
4
Aug
2
Sep
5
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Compass Point
Macquarie
Needham
HC Wainwright & Co.
Cantor Fitzgerald

1calculated from analyst ratings

Analyst Ratings for Riot Platforms

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FAQ

Q

What is the target price for Riot Platforms (RIOT) stock?

A

The latest price target for Riot Platforms (NASDAQ:RIOT) was reported by Compass Point on October 31, 2024. The analyst firm set a price target for $13.00 expecting RIOT to rise to within 12 months (a possible 5.26% upside). 44 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Riot Platforms (RIOT)?

A

The latest analyst rating for Riot Platforms (NASDAQ:RIOT) was provided by Compass Point, and Riot Platforms maintained their buy rating.

Q

When was the last upgrade for Riot Platforms (RIOT)?

A

The last upgrade for Riot Platforms Inc happened on March 20, 2024 when JP Morgan raised their price target to $15. JP Morgan previously had a neutral for Riot Platforms Inc.

Q

When was the last downgrade for Riot Platforms (RIOT)?

A

The last downgrade for Riot Platforms Inc happened on March 8, 2022 when Compass Point changed their price target from $45 to $39 for Riot Platforms Inc.

Q

When is the next analyst rating going to be posted or updated for Riot Platforms (RIOT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Riot Platforms, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Riot Platforms was filed on October 31, 2024 so you should expect the next rating to be made available sometime around October 31, 2025.

Q

Is the Analyst Rating Riot Platforms (RIOT) correct?

A

While ratings are subjective and will change, the latest Riot Platforms (RIOT) rating was a maintained with a price target of $18.00 to $13.00. The current price Riot Platforms (RIOT) is trading at is $12.35, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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