Riot Platforms
(NASDAQ:RIOT)
$9.78
-0.33[-3.26%]
At close: May 1
$9.78
0[0.00%]
PreMarket: 5:14AM EDT
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Consensus Rating1
Buy
Highest Price Target1
$50.00
Lowest Price Target1
$6.00
Consensus Price Target1
$23.15

Riot Platforms Stock (NASDAQ:RIOT), Analyst Ratings, Price Targets, Predictions

Riot Platforms Inc has a consensus price target of $23.15, established from looking at the 74 latest analyst ratings. The last 3 analyst ratings were released from HC Wainwright & Co., Needham, and JP Morgan on April 22, 2024, April 22, 2024, and April 10, 2024. With an average price target of $17.5 between HC Wainwright & Co., Needham, and JP Morgan, there's an implied 78.94% upside for Riot Platforms Inc from these 3 analyst ratings.

Analyst Trend
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4
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Analyst Rating
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4.0
Buy
Strong Buy
Buy
Hold
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Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Needham
JP Morgan
B. Riley Securities
Cantor Fitzgerald

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Riot Platforms

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FAQ

Q

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

A

The latest price target for Riot Platforms (NASDAQ: RIOT) was reported by HC Wainwright & Co. on April 22, 2024. The analyst firm set a price target for $20.00 expecting RIOT to rise to within 12 months (a possible 104.50% upside). 38 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 HC Wainwright & Co., and Riot Platforms reiterated 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

The last downgrade for Riot Platforms Inc happened on March 8, 2022 when Compass Point changed their price target from $45 to $39 for Riot Platforms Inc.

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 April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 2025.

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 reiterated with a price target of $0.00 to $20.00. The current price Riot Platforms (RIOT) is trading at is $9.78, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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