RIOTFinancial Services · Capital MarketsThe 21 Wall Street analysts covering Riot Platforms, Inc. hold a median 12-month price target of $28 — +38.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 23 of 100 as at 11 Aug 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 trader with fifteen 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.
The green dot is the last close — the median target sits +38.4% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 28 July 2026 | Keefe, Bruyette & Woods | Maintains | Outperform | $37 → $35 |
| 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 | — |
| 21 Apr 2026 | Piper Sandler | Maintains | Overweight | — |
| 9 Apr 2026 | Cantor Fitzgerald | Maintains | Overweight | — |
| 18 Mar 2026 | Citigroup | Maintains | Buy | — |
| 4 Mar 2026 | Macquarie | Maintains | Outperform | — |
| 3 Mar 2026 | Cantor Fitzgerald | Maintains | Overweight | — |
| 3 Mar 2026 | HC Wainwright & Co. | Maintains | Buy | — |
| 3 Mar 2026 | Needham | Maintains | Buy | — |
| 3 Mar 2026 | Piper Sandler | Maintains | Overweight | — |
| 27 Jan 2026 | Keefe, Bruyette & Woods | Maintains | Outperform | — |
| 20 Jan 2026 | Needham | Maintains | 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.
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 30% of US stocks
Cheaper than 13% of US stocks
Cheaper than 33% of US stocks
Cheaper than 90% of US stocks
Higher than 36% of US stocks
Higher than 40% of US stocks
Higher than 20% of US stocks
Higher than 9% of US stocks
Higher than 4% of US stocks
Higher than 26% of US stocks
Higher than 25% of US stocks
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
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 →
Bitcoin miner Riot Platforms has struck a $9 billion, 20-year compute deal with Anthropic, as discussed on CNBC's 'The Exchange' by Tanaya Macheel. The headline describes the agreement as a $9.1 billion Anthropic deal.
Why it matters — A RIOT watcher would care because this large, long-term compute agreement broadens Riot's business beyond Bitcoin mining into AI-related services.
Riot Platforms has reached an agreement with Anthropic expected to generate $9.1 billion in revenue over its 20-year term. The deal reflects the broader shift among publicly traded bitcoin miners toward being valued as owners of digital infrastructure rather than purely bitcoin producers.
Why it matters — RIOT watchers would care because this deal aligns Riot's business with the AI infrastructure trend that is reshaping how bitcoin miners are valued.
RIOT Platforms shares are navigating a choppy post-earnings trading period. The article highlights a potential upside path for the stock this year.
Why it matters — RIOT investors would care about the stock's post-earnings volatility and the suggested upside outlook as it could signal near-term trading direction.
Riot Platforms announced a 20-year data center lease with a leading frontier AI lab valued at approximately $9.1 billion over its initial term, with the tenant widely reported to be Anthropic but not identified by Riot. The bitcoin mining company's shares rose about 4% on Tuesday following the announcement.
Why it matters — A RIOT watcher would care because the large AI data center deal could represent a major new revenue stream for the bitcoin mining company and drew positive market reaction.
Riot Platforms reported second-quarter earnings, highlighting a 191 MW AI lease, an AMD buildout, and a Corsicana letter of intent, supported by project debt and $1.2 billion in liquidity.
Why it matters — The company's expansion into AI infrastructure and strong liquidity position signal a strategic shift that could reshape Riot's business beyond its core Bitcoin mining operations.
The 21 Wall Street analysts covering Riot Platforms, Inc. have a median 12-month price target of $28, with estimates ranging from $20 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. 23 out of 100 across roughly 4,600 US stocks as at 11 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 11 Aug 2026, Riot Platforms, Inc. ranks 23 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 21 analysts implies +38.4% from the last close, and Ticker Nerd's factor model ranks Riot Platforms, Inc. 23 out of 100 as at 11 Aug 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: $20 to $45 over the next 12 months.
Riot Platforms, Inc. returned +82.1% over the 12 months to 11 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
Riot Platforms, Inc. is a digital infrastructure and technology company focused primarily on Bitcoin mining and related high-performance computing services.
The most recent item we track (CNBC Television, 11 Aug 2026): "Riot signs $9.1 billion Anthropic deal". Bitcoin miner Riot Platforms has struck a $9 billion, 20-year compute deal with Anthropic, as discussed on CNBC's 'The Exchange' by Tanaya Macheel. The headline describes the agreement as a $9.1 billion Anthropic deal.
Riot Platforms, Inc. is a digital infrastructure and technology company focused primarily on Bitcoin mining and related high-performance computing services. The company operates large-scale, energy-intensive data centers that secure the Bitcoin network by validating transactions and supporting decentralized blockchain operations. Riot Platforms follows a vertically integrated model, combining mining operations with in-house engineering, power management, and data center development capabilities. Its facilities are concentrated in the United States, with major Bitcoin mining sites in Texas and Kentucky, supported by engineering and fabrication operations in Denver and Houston. Beyond Bitcoin mining, Riot Platforms is involved in the build-out of large-scale data center projects designed for high-density and high-performance computing workloads, positioning it as a key infrastructure provider in the broader digital asset and compute-intensive technology ecosystem. Founded in the United States, the company today plays a notable role in the intersection of cryptocurrency, energy usage, and modern data center infrastructure.
CEO Mr. Jason Les · 816 employees · United States · https://www.riotplatforms.com