WallStreetZenWallStreetZen

NASDAQ: RIOT
Riot Platforms Inc Stock Forecast, Predictions & Price Target

Analyst price target for RIOT

Based on 8 analysts offering 12 month price targets for Riot Platforms Inc.
Min Forecast
$15.50+37.9%
Avg Forecast
$18.33+63.03%
Max Forecast
$22.50+100.18%

Should I buy or sell RIOT stock?

Based on 8 analysts offering ratings for Riot Platforms Inc.
Strong Buy
Strong Buy
4 analysts 50%
Buy
4 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their RIOT stock forecasts and price targets.

RIOT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-22
lockedlocked$00.00+00.00%2024-04-22
lockedlocked$00.00+00.00%2024-04-10Find Out Why
lockedlocked$00.00+00.00%2024-04-05Find Out Why
lockedlocked$00.00+00.00%2024-04-01
ATB Capital
Bottom 41%
41
BuyInitiates Coverage On$20.00+77.94%2024-04-01
Roth MKM
Bottom 2%
2
Strong BuyMaintains$22.50+100.18%2023-12-07Find out why
Bernstein
Top 33%
68
BuyInitiates Coverage On$15.60+38.79%2023-10-30

1 of 1

Forecast return on equity

Is RIOT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.81%

Forecast return on assets

Is RIOT forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

RIOT revenue forecast

What is RIOT's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$453.7M+61.66%
Avg 2 year Forecast
$799.3M+184.79%
Avg 3 year Forecast
$937.5M+234%
RIOT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RIOT revenue growth forecast

How is RIOT forecast to perform vs Capital Markets companies and vs the US market?
Company
52.72%
Industry
13.28%
Market
10.1%
RIOT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RIOT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RIOT vs Capital Market Stocks

TickerPricePrice TargetUp/downsideConsensus
RIOT$11.24$18.33+63.03%Strong Buy
VIRT$21.08$21.10+0.09%Buy
PIPR$191.47$181.50-5.21%Strong Buy
PJT$95.40$96.20+0.84%Hold
SNEX$67.64N/AN/A

Riot Platforms Stock Forecast FAQ

Is Riot Platforms Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: RIOT) stock is to Strong Buy RIOT stock.

Out of 8 analysts, 4 (50%) are recommending RIOT as a Strong Buy, 4 (50%) are recommending RIOT as a Buy, 0 (0%) are recommending RIOT as a Hold, 0 (0%) are recommending RIOT as a Sell, and 0 (0%) are recommending RIOT as a Strong Sell.

If you're new to stock investing, here's how to buy Riot Platforms stock.

What is RIOT's revenue growth forecast for 2024-2026?

(NASDAQ: RIOT) Riot Platforms's forecast annual revenue growth rate of 52.72% is forecast to beat the US Capital Markets industry's average forecast revenue growth rate of 13.28%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.1%.

Riot Platforms's revenue in 2024 is $280,678,000.On average, 6 Wall Street analysts forecast RIOT's revenue for 2024 to be $115,040,682,305, with the lowest RIOT revenue forecast at $88,621,746,972, and the highest RIOT revenue forecast at $154,100,525,861. On average, 4 Wall Street analysts forecast RIOT's revenue for 2025 to be $202,661,967,488, with the lowest RIOT revenue forecast at $130,939,810,104, and the highest RIOT revenue forecast at $255,617,226,347.

In 2026, RIOT is forecast to generate $237,685,736,232 in revenue, with the lowest revenue forecast at $188,112,677,135 and the highest revenue forecast at $287,258,795,329.

What is RIOT's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: RIOT) forecast ROA is N/A, which is lower than the forecast US Capital Markets industry average of N/A.

What is RIOT's Price Target?

According to 8 Wall Street analysts that have issued a 1 year RIOT price target, the average RIOT price target is $18.33, with the highest RIOT stock price forecast at $22.50 and the lowest RIOT stock price forecast at $15.50.

On average, Wall Street analysts predict that Riot Platforms's share price could reach $18.33 by Apr 22, 2025. The average Riot Platforms stock price prediction forecasts a potential upside of 63.03% from the current RIOT share price of $11.24.

What is RIOT's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: RIOT) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.