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Riot Platforms

RIOTNASDAQ
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$10.46
-1.14-9.83%
At close: -
$10.70
0.242.31%
After Hours: 7:58 PM EDT
Q4 2024 Earnings in 3 days from now on Mon Feb 24th, after the market close
Conference call scheduled in 3 days at 16:30 PM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$23.00
Lowest Price Target1
$6.00
Consensus Price Target1
$16.51

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

Riot Platforms Inc has a consensus price target of $16.51 based on the ratings of 18 analysts. The high is $23 issued by Piper Sandler on December 17, 2024. The low is $6 issued by Wells Fargo on April 12, 2023. The 3 most-recent analyst ratings were released by Needham, Piper Sandler, and JP Morgan on January 22, 2025, December 17, 2024, and December 10, 2024, respectively. With an average price target of $18.33 between Needham, Piper Sandler, and JP Morgan, there's an implied 71.32% upside for Riot Platforms Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug 24
2
Sep 24
5
Oct 24
2
Dec 24
1
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Piper Sandler
JP Morgan
Compass Point
Macquarie

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 Needham on January 22, 2025. The analyst firm set a price target for $16.00 expecting RIOT to rise to within 12 months (a possible 49.51% upside). 41 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 Needham, 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 January 22, 2025 so you should expect the next rating to be made available sometime around January 22, 2026.

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 $11.00 to $16.00. The current price Riot Platforms (RIOT) is trading at is $10.70, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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