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Riot Platforms Analyst Ratings

RIOTNASDAQ
Logo brought to you by Benzinga Data
$8.39
0.627.98%
At close: -
$8.45
0.060.74%
After Hours: 7:59 PM EDT
Q1 2025 Earnings were released on Thu May 1st, after the market close
The most recent conference call was at 16:30 PM, 1 day ago Click to view past webcast
Rhodium Encore LLC sold assets to Riot Platforms (RIOT) on Monday, April 28, 2025 for $185.0M
Consensus Rating1
Buy
Highest Price Target1
$21.00
Lowest Price Target1
$6.00
Consensus Price Target1
$15.59

Riot Platforms Analyst Ratings and Price Targets | NASDAQ:RIOT | Benzinga

Riot Platforms Inc has a consensus price target of $15.59 based on the ratings of 18 analysts. The high is $21 issued by Cantor Fitzgerald on February 25, 2025. The low is $6 issued by Wells Fargo on April 12, 2023. The 3 most-recent analyst ratings were released by Needham, Piper Sandler, and JP Morgan on May 2, 2025, April 28, 2025, and March 13, 2025, respectively. With an average price target of $14.33 between Needham, Piper Sandler, and JP Morgan, there's an implied 69.58% upside for Riot Platforms Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
5
Feb
1
Mar
1
Apr
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Piper Sandler
JP Morgan
Roth MKM
Cantor Fitzgerald

1calculated from analyst ratings

Analyst Ratings for Riot Platforms

Buy NowGet Alert
05/02/2025Buy Now41.97%Needham
John Todaro72%
$13.5 → $12MaintainsBuyGet Alert
04/28/2025Buy Now112.95%Piper Sandler
Patrick Moley81%
$23 → $18MaintainsOverweightGet Alert
03/13/2025Buy Now53.8%JP Morgan
Reginald Smith48%
$16 → $13MaintainsOverweightGet Alert
02/25/2025Buy Now136.62%Roth MKM
Darren Aftahi40%
$20 → $20ReiteratesBuy → BuyGet Alert
02/25/2025Buy Now148.45%Cantor Fitzgerald
Brett Knoblauch45%
$23 → $21MaintainsOverweightGet Alert
02/25/2025Buy Now172.11%Piper Sandler
Patrick Moley81%
$23 → $23ReiteratesOverweight → OverweightGet Alert
02/25/2025Buy Now59.72%Needham
John Todaro72%
$16 → $13.5MaintainsBuyGet Alert
02/25/2025Buy Now101.12%HC Wainwright & Co.
Mike Colonnese56%
$17 → $17ReiteratesBuy → BuyGet Alert
01/22/2025Buy Now89.29%Needham
John Todaro72%
$11 → $16MaintainsBuyGet Alert
12/17/2024Buy Now172.11%Piper Sandler
Patrick Moley81%
→ $23Initiates → OverweightGet Alert
12/12/2024Buy NowJones Trading
Stephen Glagola49%
Initiates → HoldGet Alert
12/10/2024Buy Now89.29%JP Morgan
Reginald Smith48%
$9.5 → $16MaintainsOverweightGet Alert
10/31/2024Buy Now53.8%Compass Point
Chase White73%
$18 → $13MaintainsBuyGet Alert
10/31/2024Buy Now107.04%Macquarie
Paul Golding47%
$15 → $17.5MaintainsOutperformGet Alert
10/31/2024Buy Now30.14%Needham
John Todaro72%
$11 → $11ReiteratesBuy → BuyGet Alert
10/31/2024Buy Now101.12%HC Wainwright & Co.
Mike Colonnese56%
$17 → $17ReiteratesBuy → BuyGet Alert
10/03/2024Buy Now160.28%Cantor Fitzgerald
Brett Knoblauch45%
$22 → $22ReiteratesOverweight → OverweightGet Alert
09/24/2024Buy Now77.46%Macquarie
Paul Golding47%
→ $15Initiates → OutperformGet Alert
09/03/2024Buy Now172.11%Cantor Fitzgerald
Brett Knoblauch45%
$23 → $23ReiteratesOverweight → OverweightGet Alert
08/23/2024Buy Now12.39%JP Morgan
Reginald Smith48%
$12 → $9.5MaintainsOverweightGet Alert
08/01/2024Buy Now65.63%Needham
John Todaro72%
$13 → $14MaintainsBuyGet Alert
08/01/2024Buy Now172.11%Cantor Fitzgerald
Brett Knoblauch45%
$23 → $23ReiteratesOverweight → OverweightGet Alert
08/01/2024Buy Now101.12%HC Wainwright & Co.
Mike Colonnese56%
$17 → $17ReiteratesBuy → BuyGet Alert
07/26/2024Buy Now112.95%Stifel
Bill Papanastasiou70%
→ $18Initiates → Speculative BuyGet Alert
07/24/2024Buy Now172.11%Cantor Fitzgerald
Brett Knoblauch45%
$23 → $23ReiteratesOverweight → OverweightGet Alert
07/24/2024Buy Now53.8%Needham
John Todaro72%
$15 → $13MaintainsBuyGet Alert
07/24/2024Buy Now101.12%HC Wainwright & Co.
Mike Colonnese56%
$17 → $17ReiteratesBuy → BuyGet Alert
06/25/2024Buy Now172.11%Cantor Fitzgerald
Brett Knoblauch45%
$23 → $23ReiteratesOverweight → OverweightGet Alert
06/11/2024Buy Now172.11%Cantor Fitzgerald
Brett Knoblauch45%
$20 → $23AssumesOverweight → OverweightGet Alert
06/04/2024Buy Now41.97%JP Morgan
Reginald Smith48%
$15.5 → $12MaintainsOverweightGet Alert
05/31/2024Buy Now53.8%B. Riley Securities
Lucas Pipes61%
$15 → $13MaintainsBuyGet Alert
05/29/2024Buy Now101.12%HC Wainwright & Co.
Mike Colonnese56%
$17 → $17ReiteratesBuy → BuyGet Alert
05/06/2024Buy Now77.46%B. Riley Securities
Lucas Pipes61%
$16 → $15MaintainsBuyGet Alert
05/02/2024Buy Now77.46%Needham
John Todaro72%
$17 → $15MaintainsBuyGet Alert
05/01/2024Buy Now101.12%HC Wainwright & Co.
Mike Colonnese56%
$20 → $17MaintainsBuyGet Alert
04/22/2024Buy Now101.12%Needham
John Todaro72%
$17 → $17ReiteratesBuy → BuyGet Alert
04/22/2024Buy Now136.62%HC Wainwright & Co.
Mike Colonnese56%
$20 → $20ReiteratesBuy → BuyGet Alert
04/10/2024Buy Now83.38%JP Morgan
Reginald Smith48%
$15 → $15.5MaintainsOverweightGet Alert
04/05/2024Buy Now89.29%B. Riley Securities
Lucas Pipes61%
$17 → $16MaintainsBuyGet Alert
04/01/2024Buy Now136.62%Cantor Fitzgerald
Josh Siegler80%
$20 → $20ReiteratesOverweight → OverweightGet Alert
04/01/2024Buy Now136.62%ATB Capital
Martin Toner3%
→ $20Initiates → OutperformGet Alert
03/28/2024Buy Now136.62%Cantor Fitzgerald
Josh Siegler80%
→ $20ReiteratesOverweight → OverweightGet Alert
03/20/2024Buy Now77.46%JP Morgan
Reginald Smith48%
→ $15UpgradeNeutral → OverweightGet Alert
03/18/2024Buy Now112.95%Needham
John Todaro72%
$18 → $18ReiteratesBuy → BuyGet Alert
03/11/2024Buy Now136.62%Cantor Fitzgerald
Josh Siegler80%
$20 → $20ReiteratesOverweight → OverweightGet Alert
03/04/2024Buy Now136.62%Cantor Fitzgerald
Josh Siegler80%
$20 → $20ReiteratesOverweight → OverweightGet Alert
02/28/2024Buy Now136.62%HC Wainwright & Co.
Mike Colonnese56%
$19 → $20MaintainsBuyGet Alert
02/28/2024Buy Now136.62%Cantor Fitzgerald
Josh Siegler80%
$19 → $20MaintainsOverweightGet Alert
02/23/2024Buy Now124.79%Cantor Fitzgerald
Josh Siegler80%
$19 → $19ReiteratesOverweight → OverweightGet Alert
02/13/2024Buy Now112.95%Needham
John Todaro72%
$19 → $18MaintainsBuyGet Alert
01/22/2024Buy Now124.79%Cantor Fitzgerald
Josh Siegler80%
$19 → $19ReiteratesOverweight → OverweightGet Alert
12/08/2023Buy NowJP Morgan
Reginald Smith48%
UpgradeUnderweight → NeutralGet Alert
12/07/2023Buy Now166.19%Roth MKM
Darren Aftahi40%
$19.5 → $22.5MaintainsBuyGet Alert
12/05/2023Buy Now136.62%HC Wainwright & Co.
Mike Colonnese56%
$18 → $20MaintainsBuyGet Alert
12/04/2023Buy Now124.79%Cantor Fitzgerald
Josh Siegler80%
→ $19ReiteratesOverweight → OverweightGet Alert
11/27/2023Buy Now124.79%Cantor Fitzgerald
Josh Siegler80%
→ $19ReiteratesOverweight → OverweightGet Alert
10/30/2023Buy Now84.56%Bernstein
Gautam Chhugani65%
→ $15.6Initiates → OutperformGet Alert
10/11/2023Buy Now-23.1%JP Morgan
Reginald Smith48%
→ $6.5Initiates → UnderweightGet Alert
10/09/2023Buy Now124.79%Cantor Fitzgerald
Josh Siegler80%
→ $19ReiteratesOverweight → OverweightGet Alert
10/09/2023Buy Now77.46%Northland Capital Markets
Mike Grondahl50%
$16 → $15MaintainsOutperformGet Alert
09/25/2023Buy Now172.11%Cantor Fitzgerald
Josh Siegler80%
→ $23ReiteratesOverweight → OverweightGet Alert
09/07/2023Buy Now172.11%Cantor Fitzgerald
Josh Siegler80%
→ $23ReiteratesOverweight → OverweightGet Alert
09/05/2023Buy Now172.11%Cantor Fitzgerald
Josh Siegler80%
→ $23ReiteratesOverweight → OverweightGet Alert
08/28/2023Buy Now172.11%Cantor Fitzgerald
Josh Siegler80%
→ $23ReiteratesOverweight → OverweightGet Alert
08/23/2023Buy Now172.11%Cantor Fitzgerald
Josh Siegler80%
→ $23ReiteratesOverweight → OverweightGet Alert
08/14/2023Buy Now112.95%B. Riley Securities
Lucas Pipes61%
$14 → $18MaintainsBuyGet Alert
08/11/2023Buy Now112.95%Northland Capital Markets
Mike Grondahl50%
$14.5 → $18MaintainsOutperformGet Alert
08/11/2023Buy Now112.95%HC Wainwright & Co.
Mike Colonnese56%
$13.5 → $18MaintainsBuyGet Alert
08/10/2023Buy Now124.79%Needham
John Todaro72%
$13 → $19MaintainsBuyGet Alert
07/14/2023Buy Now172.11%Cantor Fitzgerald
Josh Siegler80%
$12 → $23MaintainsOverweightGet Alert
07/07/2023Buy Now118.87%Roth MKM
Darren Aftahi40%
$12 → $18.5MaintainsBuyGet Alert
06/06/2023Buy Now53.8%Northland Capital Markets
Mike Grondahl50%
$12 → $13MaintainsOutperformGet Alert
05/11/2023Buy Now53.8%Needham
John Todaro72%
$15 → $13MaintainsBuyGet Alert
04/25/2023Buy Now41.97%B. Riley Securities
Lucas Pipes61%
$8 → $12MaintainsBuyGet Alert
04/14/2023Buy Now101.12%Compass Point
Chase White73%
$8.75 → $17MaintainsBuyGet Alert
04/12/2023Buy Now-29.02%Wells Fargo
Jeff Cantwell43%
$5 → $6MaintainsEqual-WeightGet Alert
04/12/2023Buy Now77.46%Needham
John Todaro72%
$9 → $15MaintainsBuyGet Alert
03/07/2023Buy Now6.48%Northland Capital Markets
Mike Grondahl50%
$10 → $9MaintainsOutperformGet Alert
03/07/2023Buy Now6.48%Needham
John Todaro72%
→ $9Reiterates → BuyGet Alert
03/06/2023Buy Now-5.35%B. Riley Securities
Lucas Pipes61%
$11 → $8MaintainsBuyGet Alert
03/06/2023Buy Now18.31%Cantor Fitzgerald
Josh Siegler80%
→ $10Reiterates → OverweightGet Alert
02/21/2023Buy Now6.48%Needham
John Todaro72%
→ $9Initiates → BuyGet Alert
02/07/2023Buy Now41.97%Roth MKM
Darren Aftahi40%
$13 → $12MaintainsBuyGet Alert
02/07/2023Buy Now18.31%Cantor Fitzgerald
Josh Siegler80%
→ $10Reiterates → OverweightGet Alert
01/27/2023Buy Now41.97%BTIG
Gregory Lewis69%
$15 → $12MaintainsBuyGet Alert
01/09/2023Buy Now-40.85%Wells Fargo
Jeff Cantwell43%
$6 → $5MaintainsEqual-WeightGet Alert
11/23/2022Buy Now18.31%HC Wainwright & Co.
Mike Colonnese56%
→ $10Assumes → BuyGet Alert
10/25/2022Buy Now30.14%Compass Point
Chase White73%
$14 → $11MaintainsBuyGet Alert
10/07/2022Buy Now53.8%B. Riley Securities
Lucas Pipes61%
$16 → $13MaintainsBuyGet Alert
09/29/2022Buy Now-17.18%Wells Fargo
Jeff Cantwell43%
→ $7Initiates → Equal-WeightGet Alert
06/28/2022Buy Now396.89%Cantor Fitzgerald
Josh Siegler80%
→ $42Assumes → OverweightGet Alert
06/28/2022Buy Now65.63%Compass Point
Michael Del Grosso40%
→ $14UpgradeNeutral → BuyGet Alert
06/23/2022Buy Now89.29%B. Riley Securities
Lucas Pipes61%
$29 → $16MaintainsBuyGet Alert
06/03/2022Buy Now77.46%BTIG
Gregory Lewis69%
$50 → $15MaintainsBuyGet Alert

FAQ

Q

What is the target price for Riot Platforms (RIOT) stock?

A

The latest price target for Riot Platforms (NASDAQ:RIOT) was reported by Needham on May 2, 2025. The analyst firm set a price target for $12.00 expecting RIOT to rise to within 12 months (a possible 41.97% upside). 33 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Riot Platforms (RIOT)?

A

The latest analyst rating for Riot Platforms (NASDAQ:RIOT) was provided by Needham, and Riot Platforms maintained their buy rating.

Q

When was the last upgrade for Riot Platforms (RIOT)?

A

The last upgrade for Riot Platforms Inc happened on March 20, 2024 when JP Morgan raised their price target to $15. JP Morgan previously had a neutral for Riot Platforms Inc.

Q

When was the last downgrade for Riot Platforms (RIOT)?

A

There is no last downgrade for Riot Platforms.

Q

When is the next analyst rating going to be posted or updated for Riot Platforms (RIOT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Riot Platforms, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Riot Platforms was filed on May 2, 2025 so you should expect the next rating to be made available sometime around May 2, 2026.

Q

Is the Analyst Rating Riot Platforms (RIOT) correct?

A

While ratings are subjective and will change, the latest Riot Platforms (RIOT) rating was a maintained with a price target of $13.50 to $12.00. The current price Riot Platforms (RIOT) is trading at is $8.45, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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