Riot Stock Stumbles Into Q4 Earnings: 70% Upside Or Bearish Breakdown?

Riot Platforms Inc RIOT will be reporting its fourth-quarter earnings on Monday. Wall Street expects 11 cents in EPS and $134.78 million in revenues as the company reports after market hours.

The stock is down 39.78% over the past year, up 25.12% over the past six months.

Let’s look at what the charts indicate for Riot stock and how the stock currently maps against Wall Street estimates.

Read Also: $100 Invested In Riot Platforms 5 Years Ago Would Be Worth This Much Today

Riot Stock Facing Bearish Pressure Ahead Of Q4 Earnings

Chart created using Benzinga Pro

Riot stock is facing significant bearish pressure, with its share price of $10.46 trading below the five, 20 and 50-day exponential moving averages, signaling a strong downtrend.

The stock sits below its eight-day, 20-day, and 50-day simple moving averages of $11.50, $11.69, and $11.94, respectively—clear bearish signals suggesting continued downside risk.

While the 200-day simple moving average at $10.21 provides a bullish signal, indicating potential long-term support, the Moving Average Convergence Divergence (MACD) reading of a negative 0.21 reinforces the short-term bearish outlook.

Additionally, the Relative Strength Index (RSI) stands at 38.5, hovering near oversold territory but not yet signaling a reversal. Investors should tread carefully, as the technical landscape points to near-term weakness unless RIOT stock reclaims key moving averages.

Riot Analysts See 70% Upside

Ratings & Consensus Estimates: The consensus analyst rating on Riot stock stands at a Buy currently with a price target of $16.51. Needham, Piper Sandler and JPMorgan’s recent ratings imply a 70.38% upside for Riot stock, with an average $18.33 price target.

Price Action: Riot stock was trading at $10.76 at the time of publication.

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