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Riot Platforms

RIOTNASDAQ
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$7.49
0.324.46%
Pre-Market: 7:03 AM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$46.00
Lowest Price Target1
$6.00
Consensus Price Target1
$20.53

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

Riot Platforms Inc has a consensus price target of $20.53 based on the ratings of 18 analysts. The high is $46 issued by Roth Capital on December 28, 2021. The low is $6 issued by Wells Fargo on April 12, 2023. The 3 most-recent analyst ratings were released by Cantor Fitzgerald, JP Morgan, and Needham on September 3, 2024, August 23, 2024, and August 1, 2024, respectively. With an average price target of $15.5 between Cantor Fitzgerald, JP Morgan, and Needham, there's an implied 106.94% upside for Riot Platforms Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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0
0
0
May
3
Jun
1
Jul
2
Aug
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Cantor Fitzgerald
JP Morgan
Needham
HC Wainwright & Co.
Stifel

1calculated from analyst ratings

Analyst Ratings for Riot Platforms

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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 Cantor Fitzgerald on September 3, 2024. The analyst firm set a price target for $23.00 expecting RIOT to rise to within 12 months (a possible 207.08% upside). 43 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 Cantor Fitzgerald, and Riot Platforms reiterated their overweight 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 September 3, 2024 so you should expect the next rating to be made available sometime around September 3, 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 $23.00 to $23.00. The current price Riot Platforms (RIOT) is trading at is $7.49, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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