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RIOT Stock Forecast: Riot Platforms, Inc. Price Predictions for 2026-2027

Last close, 28 Aug 2026
$19
−9.05% on the day

The 21 Wall Street analysts covering Riot Platforms, Inc. hold a median 12-month price target of $30 — +58.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 25 of 100 as at 29 Aug 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$7.1B
Ticker Nerd rank
25 / 100
Median analyst target
$30
Analysts covering
21
Revenue$167.2M+3.6% y/y
Operating income−$121.3M
Net income−$500.5M
Free cash flow−$314.3M
Quarterly, 8 quarters to 31 Mar 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−4.2%
1M
−10.6%
YTD
+49.9%
1Y
+37.6%
From 52W high
−33.8%
From 52W low
+60.5%
$12
$29
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

RIOT stock analysis: one number for the whole business

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.

Where the model ranks itAs at 29 Aug 2026
25 / 100

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
Momentum
79
Growth
42
Revisions
38
Issuance
30
Value
25
Volatility
20
Size
19
Quality
14

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.

Wall Street

RIOT stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on RIOT, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$10$20$30$40$50Oct 25Jan 26Apr 26Jul 26RIOTHigh $45Median $30Low $22

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

What Wall Street says21 analysts
20 Buy1 Hold0 Sell
Low $22Median $30High $45

The green dot is the last close — the median target sits +58.0% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 9 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
17 Aug 2026JP MorganMaintainsOverweight$20 → $22
13 Aug 2026Morgan StanleyMaintainsOverweight$36 → $43
11 Aug 2026BernsteinMaintainsOutperform$30 → $35
11 Aug 2026Cantor FitzgeraldMaintainsOverweight$23 → $30
11 Aug 2026HC Wainwright & Co.MaintainsBuy$25 → $40
11 Aug 2026MacquarieMaintainsOutperform$30 → $35
11 Aug 2026NeedhamMaintainsBuy$29 → $30
11 Aug 2026Piper SandlerMaintainsOverweight$23 → $25
28 July 2026Keefe, Bruyette & WoodsMaintainsOutperform$37 → $35
28 July 2026Keefe, Bruyette & WoodsMaintainsOutperform—
23 July 2026Morgan StanleyInitiatesOverweight—
23 July 2026Morgan StanleyInitiatesOverweight$36
8 July 2026CitigroupMaintainsBuy$21 → $28
8 July 2026CitigroupMaintainsBuy—
25 June 2026BTIGMaintainsBuy—
22 May 2026NeedhamMaintainsBuy—
6 May 2026HC Wainwright & Co.MaintainsBuy—
1 May 2026Cantor FitzgeraldMaintainsOverweight—
1 May 2026NeedhamReiteratesBuy—
27 Apr 2026Chardan CapitalInitiatesBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

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.

Free, every Monday. Unsubscribe any time.

Performance

RIOT vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 28 Aug 2026, Riot Platforms, Inc. returned +37.6% against +19.9% for the S&P 500, dividends included.

RIOT vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140160180200Oct 25Jan 26Apr 26Jul 26RIOTS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

RIOT analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
0
Analysts cutting
2
Fundamentals

Riot Platforms, Inc. (RIOT) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
27.2×

Cheaper than 29% of US stocks

Price / sales
10.6×

Cheaper than 14% of US stocks

Price / book
3.3×

Cheaper than 32% of US stocks

EV / EBITDA
−8.4×

Cheaper than 83% of US stocks

Growth & margins
Revenue growth (YoY)
13.9%

Higher than 61% of US stocks

Earnings growth (YoY)
3.6%

Higher than 40% of US stocks

Gross margin
18.9%

Higher than 20% of US stocks

Operating margin
−122.3%

Higher than 13% of US stocks

Net margin
−196.3%

Higher than 3% of US stocks

Returns & dividend
Return on equity
−48.2%

Higher than 22% of US stocks

Return on assets
−21.2%

Higher than 19% of US stocks

Dividend yield
—

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Riot Platforms, Inc. (RIOT) statistics: revenue, profit & scale

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 $7.1B and an enterprise value of $7.5B.

  • Revenue in the twelve months to 31 Mar 2026: $653.3M. The latest quarter grew 13.9% year on year.

  • Net income over the same four quarters: −$867.3M, a −132.8% net margin.

  • Free cash flow in the twelve months to 31 Mar 2026: −$1.3B, after $632.3M of capital spending.

  • Riot Platforms, Inc. spent $5.8M on share buybacks in the twelve months to 31 Mar 2026.

  • Shares outstanding: 379.0M.

  • Trailing P/E: 27.2×; forward P/E: −20.3× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Riot Platforms, Inc. employs 816 people — $801K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 Mar 2026 · market figures as at 1 Sept 2026

Data provided by Twelve Data

Peers

RIOT vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelCapital Markets
CompanyMarket capTKN rank
RIOTRiot Platforms, Inc.$7.1B
25
WULFTeraWulf, Inc.$7.4B
5
FIGRFigure Technology Solutions, Inc.$7.7B
11
SNEXStoneX Group, Inc.$8.2B
79
BGCBGC Group, Inc.$5.8B
89
MKTXMarketAxess Holdings, Inc.$5.7B
63
XPXP, Inc.$9.2B
74

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 →

News

Latest RIOT news & analysis

AI Power Demand Is Exploding, But How Much Actually Gets Built

Seeking Alpha · 31 Aug 2026neutral

Former bitcoin miners including Riot are pivoting to AI compute and power infrastructure while carrying large contracted backlogs relative to current revenues. Wall Street projections for data center electricity demand are more aggressive than the IEA's, and none of these firms generates positive free cash flow, financing buildouts through GPU-backed debt, customer prepayments, and equity.

Why it matters — A Riot watcher would care because the article highlights uncertainty around AI-driven power demand forecasts and the reliance on external financing rather than operating cash flow for the company's transition.

Wall Street Analysts Think Riot Platforms, Inc. (RIOT) Is a Good Investment: Is It?

Zacks Investment Research · 31 Aug 2026neutral

Zacks Investment Research published an article examining whether Wall Street analysts' recommendations on Riot Platforms, Inc. (RIOT) constitute a good investment signal. The piece discusses how sell-side analyst rating changes can influence stock prices and questions how much weight investors should place on these recommendations.

Why it matters — A RIOT watcher would care because the article evaluates the reliability and impact of analyst ratings on the company's stock, which can inform how investors interpret brokerage-firm opinions when making decisions.

Crypto Mining Stocks Rally as Bitcoin Hovers Around $80K: MARA Jumps 7%, TeraWulf and IREN Climb 5%

24/7 Wall Street · 25 Aug 2026positive

Crypto mining stocks rallied Tuesday as Bitcoin topped $80,000, reaching a more than three-month high, before dipping back below that key level. The report notes gains for MARA, TeraWulf, and IREN in this environment.

Why it matters — As a Bitcoin mining company, RIOT's performance is closely tied to Bitcoin's price, so a move toward the $80,000 level is directly relevant to its outlook.

Strategy Remains Down 20% in 2026: A Prominent Analyst Still Sees 265% Upside After Downward Adjustment

24/7 Wall Street · 24 Aug 2026neutral

Strategy (Nasdaq: MSTR) shares remain down 20% in 2026, according to this report from 24/7 Wall Street. A prominent analyst, after adjusting expectations downward, still sees roughly 265% upside for the company.

Why it matters — As a well-known bitcoin-treasury company, Strategy's performance and analyst outlook are watched by those tracking the broader bitcoin-correlated sector, which includes RIOT.

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Benzinga · 22 Aug 2026neutral

Benzinga's Stock Whisper Index uses proprietary data and pattern recognition to highlight five stocks that are just under the surface and deserve attention, with Riot Platforms appearing among the featured names.

Why it matters — A RIOT watcher would care because Riot Platforms is highlighted as one of the stocks investors are quietly monitoring but not yet widely discussing.

FAQ

Frequently asked questions about RIOT stock

What is the RIOT stock price forecast for 2026-2027?

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.

Is RIOT stock a buy right now?

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 29 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank RIOT?

As at 29 Aug 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).

Will RIOT stock go up?

No one can know that. What the data says: the median 12-month target from 21 analysts implies +58.0% from the last close, and Ticker Nerd's factor model ranks Riot Platforms, Inc. 25 out of 100 as at 29 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the RIOT stock forecast for 2030?

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.

How has RIOT stock performed over the past year?

Riot Platforms, Inc. returned +37.6% over the 12 months to 28 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Riot Platforms, Inc. do?

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.

What is the latest news on RIOT?

The most recent item we track (Seeking Alpha, 31 Aug 2026): "AI Power Demand Is Exploding, But How Much Actually Gets Built". Former bitcoin miners including Riot are pivoting to AI compute and power infrastructure while carrying large contracted backlogs relative to current revenues. Wall Street projections for data center electricity demand are more aggressive than the IEA's, and none of these firms generates positive free cash flow, financing buildouts through GPU-backed debt, customer prepayments, and equity.

Company

About Riot Platforms, Inc.

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