RIOTFinancial Services · Capital MarketsThe 22 Wall Street analysts covering Riot Platforms, Inc. hold a median 12-month price target of $30 — +82.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 22 of 100 as at 12 Oct 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores Riot Platforms, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Accruals (90): Reported profit is backed by cash, and the company is not expanding recklessly.
Quality (13): Profits are thin or unreliable for the size of the business, or they are not turning into cash.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on RIOT, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +82.1% from it.
Of the 20 most recent actions, 9 moved their price target up and 1 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 29 Sept 2026 | B. Riley Securities | Maintains | Buy | $28 → $33 |
| 17 Aug 2026 | JP Morgan | Maintains | Overweight | — |
| 17 Aug 2026 | JP Morgan | Maintains | Overweight | $20 → $22 |
| 13 Aug 2026 | Morgan Stanley | Maintains | Overweight | — |
| 13 Aug 2026 | Morgan Stanley | Maintains | Overweight | $36 → $43 |
| 11 Aug 2026 | Bernstein | Maintains | Outperform | $30 → $35 |
| 11 Aug 2026 | Bernstein | Maintains | Outperform | — |
| 11 Aug 2026 | Cantor Fitzgerald | Maintains | Overweight | $23 → $30 |
| 11 Aug 2026 | Cantor Fitzgerald | Maintains | Overweight | — |
| 11 Aug 2026 | HC Wainwright & Co. | Maintains | Buy | — |
| 11 Aug 2026 | HC Wainwright & Co. | Maintains | Buy | $25 → $40 |
| 11 Aug 2026 | Macquarie | Maintains | Outperform | — |
| 11 Aug 2026 | Macquarie | Maintains | Outperform | $30 → $35 |
| 11 Aug 2026 | Needham | Maintains | Buy | — |
| 11 Aug 2026 | Needham | Maintains | Buy | $29 → $30 |
| 11 Aug 2026 | Piper Sandler | Maintains | Overweight | — |
| 11 Aug 2026 | Piper Sandler | Maintains | Overweight | $23 → $25 |
| 28 July 2026 | Keefe, Bruyette & Woods | Maintains | Outperform | $37 → $35 |
| 28 July 2026 | Keefe, Bruyette & Woods | Maintains | Outperform | — |
| 23 July 2026 | Morgan Stanley | Initiates | Overweight | $36 |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. RIOT appears on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 12 Oct 2026, Riot Platforms, Inc. returned −21.6% against +20.4% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 28% of US stocks
Cheaper than 15% of US stocks
Cheaper than 32% of US stocks
Cheaper than 83% of US stocks
Higher than 61% of US stocks
Higher than 52% of US stocks
Higher than 26% of US stocks
Higher than 13% of US stocks
Higher than 3% of US stocks
Higher than 22% of US stocks
Higher than 19% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Riot Platforms, Inc. has a market value of $6.3B and an enterprise value of $6.7B.
Revenue in the twelve months to 30 June 2026: $674.5M. The latest quarter grew 13.9% year on year.
Net income over the same four quarters: −$1.3B, a −196.3% net margin.
Free cash flow in the twelve months to 30 June 2026: −$1.1B.
Riot Platforms, Inc. spent $6.2M on share buybacks in the twelve months to 30 June 2026.
Trailing P/E: 27.2×; forward P/E: −17.6× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
Riot Platforms, Inc. employs 816 people — $827K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Riot Platforms, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Former Bitcoin miners that have shifted toward AI data-center operations are facing pressure from a renewed Bitcoin decline and rising long-term borrowing costs, which affect debt-funded buildouts.
Why it matters — RIOT watchers may note the reported combination of weaker Bitcoin and higher financing costs as relevant to companies transitioning toward AI data-center businesses.
BlockchAIn Digital Infrastructure outlined plans for a 50-megawatt data center project under a newly executed contract with Nebius. Management expects customer prepayments to cover the company’s required equity contribution.
Why it matters — The item concerns another company’s data center development and funding structure, offering RIOT watchers context on activity in the data center sector.
Strategy Inc. lost more than half its value last year while becoming the world’s largest corporate Bitcoin treasury. One Wall Street analyst sees a potential 180% return, despite investor concerns.
Why it matters — The item highlights investor sentiment around a major corporate Bitcoin holder, relevant to watchers of Riot Platforms and its Bitcoin-related business.
The Motley Fool argues Riot Platforms should not be valued above Cipher Digital, citing Cipher’s 3.3 gigawatts more in its portfolio. Riot has higher sales currently, while Cipher is projected to increase net operating income sevenfold next year.
Why it matters — The comparison highlights differences in portfolio size and projected operating income that may inform how RIOT watchers assess the company relative to Cipher Digital.
Riot Platforms, Inc. (RIOT) ended the recent trading session at $18.54, down 2.06% from its prior close. The headline characterizes the decline as larger than the market’s.
Why it matters — RIOT watchers may note the session’s share-price decline and its relative performance versus the market.
The 22 Wall Street analysts covering Riot Platforms, Inc. have a median 12-month price target of $30, with estimates ranging from $22 to $42. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 22 analysts covering Riot Platforms, Inc., 21 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Riot Platforms, Inc. 22 out of 100 across roughly 4,600 US stocks as at 12 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 12 Oct 2026, Riot Platforms, Inc. ranks 22 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (90 of 100).
No one can know that. What the data says: the median 12-month target from 22 analysts implies +82.1% from the last close, and Ticker Nerd's factor model ranks Riot Platforms, Inc. 22 out of 100 as at 12 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Riot Platforms, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for RIOT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $22 to $42 over the next 12 months.
Riot Platforms, Inc. returned -21.6% over the 12 months to 12 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Riot Platforms, Inc. is a digital infrastructure and Bitcoin mining company that develops, owns, and operates large-scale data centers and power assets in the United States.
The most recent item we track (Benzinga, 8 Oct 2026): "Bitcoin Slide Meets 5.7% Bond Yields: Neoclouds Get Hit From Both Sides". Former Bitcoin miners that have shifted toward AI data-center operations are facing pressure from a renewed Bitcoin decline and rising long-term borrowing costs, which affect debt-funded buildouts.
Riot Platforms, Inc. is a digital infrastructure and Bitcoin mining company that develops, owns, and operates large-scale data centers and power assets in the United States. The company’s core activities focus on Bitcoin mining, supported by engineering capabilities that design and manufacture electrical infrastructure, power distribution equipment, and custom engineered products. Riot Platforms also provides data center services and scalable infrastructure for high-density computing workloads, serving sectors tied to energy, industrial operations, utilities, and government. Its vertically integrated model combines mining operations with in-house engineering and fabrication, allowing the company to manage critical parts of its infrastructure footprint. Headquartered in Castle Rock, Colorado, Riot Platforms plays a significant role in the Bitcoin mining ecosystem and in the broader market for digital infrastructure and electrical engineering solutions.
CEO Mr. Jason Les · 816 employees · United States · https://www.riotplatforms.com
