RIOTFinancial Services · Capital MarketsThe 21 Wall Street analysts covering Riot Platforms, Inc. hold a median 12-month price target of $30 — +52.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 25 of 100 as at 15 Sept 2026 — in the lower half. 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 (89): Reported profit is backed by cash, and the company is not expanding recklessly.
Quality (14): 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 +52.3% from it.
Of the 20 most recent actions, 9 moved their price target up and 1 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 17 Aug 2026 | JP Morgan | Maintains | Overweight | $20 → $22 |
| 13 Aug 2026 | Morgan Stanley | Maintains | Overweight | $36 → $43 |
| 11 Aug 2026 | Bernstein | Maintains | Outperform | $30 → $35 |
| 11 Aug 2026 | Cantor Fitzgerald | Maintains | Overweight | $23 → $30 |
| 11 Aug 2026 | HC Wainwright & Co. | Maintains | Buy | $25 → $40 |
| 11 Aug 2026 | Macquarie | Maintains | Outperform | $30 → $35 |
| 11 Aug 2026 | Needham | Maintains | Buy | $29 → $30 |
| 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 | — |
| 23 July 2026 | Morgan Stanley | Initiates | Overweight | $36 |
| 8 July 2026 | Citigroup | Maintains | Buy | $21 → $28 |
| 8 July 2026 | Citigroup | Maintains | Buy | — |
| 25 June 2026 | BTIG | Maintains | Buy | — |
| 22 May 2026 | Needham | Maintains | Buy | — |
| 6 May 2026 | HC Wainwright & Co. | Maintains | Buy | — |
| 1 May 2026 | Cantor Fitzgerald | Maintains | Overweight | — |
| 1 May 2026 | Needham | Reiterates | Buy | — |
| 27 Apr 2026 | Chardan Capital | Initiates | Buy | — |
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 15 Sept 2026, Riot Platforms, Inc. returned +18.1% against +15.9% 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 13% of US stocks
Cheaper than 28% of US stocks
Cheaper than 84% 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
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 $7.9B and an enterprise value of $8.3B.
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: −22.4× — the forward figure prices analyst consensus estimates, not reported 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 →
Riot Platforms has secured a 20-year, 191 MW AI lab lease at its Rockdale facility, which the article says brings in $9.1 billion in contract revenue and generates $365–411 million in annual net operating income at 80–90% margins.
Why it matters — The Rockdale AI lease materially diversifies Riot's business beyond bitcoin mining and adds a large, contracted long-term revenue stream.
The Senate failed to advance the Clarity Act, a legislative effort that would have established digital asset market structure. Following the vote's failure, Bitcoin and crypto stocks, including those of mining companies, tumbled on Tuesday as regulatory clarity remains stalled.
Why it matters — As a Bitcoin miner, Riot Platforms' stock moves with crypto sentiment, so the Senate's failure to advance the Clarity Act and the resulting market decline directly affect RIOT.
The Senate is preparing to vote on the Clarity Act, a moment the Evernorth CEO describes as "monumental" for crypto. Following the bill's passage, he anticipates institutional investment in Bitcoin and other cryptocurrencies accelerating rapidly.
Why it matters — A watcher of Riot Platforms would care because increased institutional investment in Bitcoin could support broader demand for the cryptocurrency that underpins the company's mining operations.
Riot Platforms, Inc. (RIOT) closed the latest trading day at $20.95, reflecting a -2.42% change compared to its previous close, and declined more than the broader market.
Why it matters — A RIOT watcher would care because the stock underperformed the market on the day, which may indicate negative investor sentiment toward the company.
Riot Platforms, Inc. (RIOT) closed the recent trading session at $22.16, up 1.63% from the prior day's close, even as the broader market declined. The stock gained despite the market's downward move.
Why it matters — RIOT watchers would note the stock's gain came against a down market, which could signal relative strength for the company's shares.
The 21 Wall Street analysts covering Riot Platforms, Inc. have a median 12-month price target of $30, with estimates ranging from $22 to $45. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 21 analysts covering Riot Platforms, Inc., 20 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Riot Platforms, Inc. 25 out of 100 across roughly 4,600 US stocks as at 15 Sept 2026. None of this is personal advice — it does not consider your circumstances.
As at 15 Sept 2026, Riot Platforms, Inc. ranks 25 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 (89 of 100).
No one can know that. What the data says: the median 12-month target from 21 analysts implies +52.3% from the last close, and Ticker Nerd's factor model ranks Riot Platforms, Inc. 25 out of 100 as at 15 Sept 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 $45 over the next 12 months.
Riot Platforms, Inc. returned +18.1% over the 12 months to 15 Sept 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 (Seeking Alpha, 16 Sept 2026): "Riot Platforms: The $9.1 Billion AI Deal Changes The Story". Riot Platforms has secured a 20-year, 191 MW AI lab lease at its Rockdale facility, which the article says brings in $9.1 billion in contract revenue and generates $365–411 million in annual net operating income at 80–90% margins.
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
