Riot Blockchain (RIOT) Stock Forecast, Price Target & Predictions
RIOT Stock Forecast
Riot Blockchain stock forecast is as follows: an average price target of $16.14 (represents a 127.32% upside from RIOT’s last price of $7.10) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
RIOT Price Target
RIOT Analyst Ratings
Riot Blockchain Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jun 10, 2024 | Brett Knoblauch | Cantor Fitzgerald | $23.00 | $9.89 | 132.44% | 223.94% |
May 29, 2024 | Gautam Chhugani | Bernstein | $22.00 | $10.34 | 112.77% | 209.86% |
May 28, 2024 | Lucas Pipes | B.Riley Financial | $15.00 | $10.33 | 45.21% | 111.27% |
May 02, 2024 | Michael Colonnese | H.C. Wainwright | $17.00 | $9.82 | 73.12% | 139.44% |
Apr 05, 2024 | Lucas Pipes | B.Riley Financial | $16.00 | $10.19 | 57.02% | 125.35% |
Mar 21, 2024 | Upgrades Riot | Cross Research | $15.00 | $11.98 | 25.21% | 111.27% |
Feb 21, 2023 | John Todaro | Needham | $9.00 | $6.32 | 42.52% | 26.76% |
Feb 07, 2023 | - | Roth Capital | $12.00 | $6.39 | 87.65% | 69.01% |
Riot Blockchain Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 6 |
Avg Price Target | - | - | $18.00 |
Last Closing Price | $7.10 | $7.10 | $7.10 |
Upside/Downside | -100.00% | -100.00% | 153.52% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 23, 2024 | Needham | Buy | Buy | Hold |
Jul 24, 2024 | H.C. Wainwright | Underperform | Underperform | Hold |
Jul 24, 2024 | Needham | Buy | Buy | Hold |
Jun 25, 2024 | Needham | Buy | Buy | Hold |
May 31, 2024 | B. Riley | Buy | Buy | Hold |
May 29, 2024 | Needham | Buy | Buy | Hold |
May 29, 2024 | J.P. Morgan | Underperform | Underperform | Hold |
May 29, 2024 | H.C. Wainwright | Buy | Buy | Hold |
May 29, 2024 | Bernstein | Outperform | Outperform | Hold |
May 02, 2024 | H.C. Wainwright | Buy | Buy | Hold |
Riot Blockchain Financial Forecast
Riot Blockchain Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $51.89M | $76.74M | $73.24M | $60.15M | $46.29M | - | $79.79M | $90.89M | $64.81M | $34.35M | $23.20M | $5.29M | $2.46M | $1.94M | $2.39M | $1.20M | $1.74M |
Avg Forecast | $225.65M | $182.81M | $196.38M | $166.12M | $181.28M | $158.28M | $144.59M | $143.49M | $141.49M | $97.10M | $71.60M | $96.14M | $84.33M | $67.95M | $84.64M | $76.80M | $55.50M | $56.27M | $75.53M | $83.75M | $89.39M | $64.90M | $32.58M | $24.30M | $3.60M | $2.50M | $1.90M | $1.20M | $2.70M | $2.80M |
High Forecast | $257.95M | $208.98M | $224.49M | $189.90M | $207.23M | $180.94M | $165.28M | $164.03M | $161.74M | $103.67M | $81.85M | $109.90M | $94.42M | $77.68M | $96.75M | $87.79M | $63.45M | $64.32M | $75.53M | $118.05M | $126.01M | $91.48M | $45.92M | $34.25M | $5.07M | $3.52M | $2.68M | $1.69M | $3.81M | $3.95M |
Low Forecast | $198.69M | $160.97M | $172.92M | $146.27M | $159.62M | $139.37M | $127.31M | $126.35M | $124.59M | $88.02M | $63.05M | $84.66M | $75.17M | $59.83M | $74.52M | $67.62M | $48.87M | $49.55M | $75.53M | $62.67M | $66.90M | $48.56M | $24.38M | $18.18M | $2.69M | $1.87M | $1.42M | $898.02K | $2.02M | $2.10M |
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.76% | 0.91% | 0.95% | 1.08% | 0.82% | - | 0.95% | 1.02% | 1.00% | 1.05% | 0.95% | 1.47% | 0.98% | 1.02% | 1.99% | 0.44% | 0.62% |
Riot Blockchain EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $556.00K | $43.21M | $-3.97M | $74.30M | $3.68M | - | $-3.69M | $-17.68M | $-3.17M | $28.94M | $10.55M | $5.70M | $-718.00K | $-9.74M | $-2.97M | $-5.22M | $-1.23M |
Avg Forecast | $-36.37M | $-29.46M | $-31.65M | $-26.77M | $-29.22M | $-25.51M | $-23.30M | $-23.13M | $-22.80M | $-15.65M | $-11.54M | $-15.50M | $-13.59M | $-10.95M | $-13.64M | $-12.38M | $-8.95M | $-7.30M | $-12.17M | $-13.50M | $-14.41M | $-7.81M | $19.05M | $14.47M | $-580.23K | $-985.50K | $-9.58M | $-3.59M | $-435.17K | $-1.61M |
High Forecast | $-32.02M | $-25.94M | $-27.87M | $-23.58M | $-25.73M | $-22.46M | $-20.52M | $-20.36M | $-20.08M | $-14.19M | $-10.16M | $-13.64M | $-12.11M | $-9.64M | $-12.01M | $-10.90M | $-7.88M | $-5.84M | $-12.17M | $-10.10M | $-10.78M | $-6.25M | $22.86M | $17.37M | $-434.21K | $-788.40K | $-7.67M | $-2.88M | $-325.66K | $-1.29M |
Low Forecast | $-41.57M | $-33.68M | $-36.18M | $-30.61M | $-33.40M | $-29.16M | $-26.64M | $-26.44M | $-26.07M | $-16.71M | $-13.19M | $-17.71M | $-15.22M | $-12.52M | $-15.59M | $-14.15M | $-10.23M | $-8.77M | $-12.17M | $-19.03M | $-20.31M | $-9.37M | $15.24M | $11.58M | $-817.89K | $-1.18M | $-11.50M | $-4.31M | $-613.41K | $-1.93M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.05% | -3.17% | 0.32% | -8.31% | -0.50% | - | 0.27% | 1.23% | 0.41% | 1.52% | 0.73% | -9.83% | 0.73% | 1.02% | 0.83% | 11.99% | 0.76% |
Riot Blockchain Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-45.33M | $-27.69M | $-55.69M | $-155.78M | $-36.57M | - | $35.63M | $-19.45M | $-15.34M | $19.34M | $7.53M | $3.91M | $-1.72M | $-10.59M | $-4.28M | $-3.40M | $-1.83M |
Avg Forecast | $-40.94M | $-13.47M | $-40.57M | $-38.95M | $-28.51M | $-24.66M | $-22.63M | $-23.35M | $-10.15M | $-25.16M | $-27.39M | $-52.38M | $-74.12M | $-71.17M | $-56.06M | $-38.10M | $-32.23M | $-34.09M | $14.50M | $897.85M | $90.58M | $-36.45M | $12.76M | $10.50M | $-16.16M | $-2.32M | $-10.40M | $-5.18M | $-25.39M | $-2.40M |
High Forecast | $-34.58M | $-11.38M | $-34.27M | $-32.90M | $-24.09M | $-20.83M | $-19.11M | $-19.73M | $-8.57M | $-13.98M | $-23.13M | $-44.24M | $-53.67M | $-60.11M | $-47.35M | $-32.18M | $-27.23M | $-27.27M | $14.50M | $1.08B | $138.80M | $-29.16M | $15.31M | $12.61M | $-10.87M | $-1.85M | $-8.32M | $-4.14M | $-17.09M | $-1.92M |
Low Forecast | $-48.56M | $-15.98M | $-48.12M | $-46.20M | $-33.82M | $-29.24M | $-26.84M | $-27.70M | $-12.04M | $-40.54M | $-32.48M | $-62.12M | $-99.67M | $-84.41M | $-66.49M | $-45.19M | $-38.23M | $-40.90M | $14.50M | $718.28M | $60.95M | $-43.75M | $10.21M | $8.40M | $-24.76M | $-2.78M | $-12.48M | $-6.21M | $-38.91M | $-2.88M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.64% | 0.49% | 1.46% | 4.83% | 1.07% | - | 0.04% | -0.21% | 0.42% | 1.52% | 0.72% | -0.24% | 0.74% | 1.02% | 0.83% | 0.13% | 0.76% |
Riot Blockchain SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $29.07M | $19.84M | $12.68M | $29.90M | $16.00M | - | $10.91M | $39.46M | $40.31M | $3.51M | $5.46M | $2.29M | $2.00M | $2.23M | $3.73M | $2.02M | $1.76M |
Avg Forecast | $145.13M | $117.58M | $126.31M | $106.84M | $116.60M | $101.80M | $93.00M | $92.29M | $91.00M | $62.45M | $46.05M | $61.84M | $54.24M | $43.71M | $54.44M | $49.39M | $35.70M | $36.19M | $48.58M | $53.87M | $57.50M | $41.74M | $2.32M | $7.62M | $2.32M | $1.61M | $1.22M | $771.82K | $1.74M | $2.34M |
High Forecast | $165.91M | $134.41M | $144.39M | $122.14M | $133.29M | $116.38M | $106.31M | $105.50M | $104.03M | $66.68M | $52.65M | $70.69M | $60.73M | $49.96M | $62.23M | $56.47M | $40.81M | $41.37M | $48.58M | $75.93M | $81.05M | $58.84M | $2.78M | $9.14M | $3.26M | $2.27M | $1.72M | $1.09M | $2.45M | $2.80M |
Low Forecast | $127.79M | $103.53M | $111.22M | $94.08M | $102.67M | $89.64M | $81.89M | $81.26M | $80.13M | $56.61M | $40.55M | $54.45M | $48.35M | $38.48M | $47.93M | $43.49M | $31.43M | $31.87M | $48.58M | $40.31M | $43.03M | $31.24M | $1.85M | $6.10M | $1.73M | $1.20M | $914.52K | $577.59K | $1.30M | $1.87M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.67% | 0.36% | 0.26% | 0.84% | 0.44% | - | 0.20% | 0.69% | 0.97% | 1.52% | 0.72% | 0.99% | 1.24% | 1.82% | 4.84% | 1.16% | 0.75% |
Riot Blockchain EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.25 | $-0.00 | $-0.33 | $-1.12 | $-0.24 | - | $0.30 | $-0.20 | $-0.16 | $0.22 | $0.09 | $0.09 | $-0.04 | $-0.31 | $-0.15 | $-0.12 | $-0.08 |
Avg Forecast | $-0.15 | $-0.05 | $-0.15 | $-0.15 | $-0.11 | $-0.09 | $-0.09 | $-0.09 | $-0.04 | $-0.10 | $-0.10 | $-0.20 | $-0.28 | $-0.27 | $-0.21 | $-0.14 | $-0.12 | $0.01 | $0.06 | $0.15 | $0.39 | $0.28 | $0.01 | $0.20 | $-0.07 | $-0.08 | $-0.17 | $-0.19 | $-0.11 | $-0.11 |
High Forecast | $-0.13 | $-0.04 | $-0.13 | $-0.12 | $-0.09 | $-0.08 | $-0.07 | $-0.07 | $-0.03 | $-0.05 | $-0.09 | $-0.17 | $-0.20 | $-0.23 | $-0.18 | $-0.12 | $-0.10 | $0.02 | $0.06 | $0.23 | $0.60 | $0.42 | $0.01 | $0.31 | $-0.05 | $-0.05 | $-0.11 | $-0.13 | $-0.07 | $-0.07 |
Low Forecast | $-0.18 | $-0.06 | $-0.18 | $-0.17 | $-0.13 | $-0.11 | $-0.10 | $-0.10 | $-0.05 | $-0.15 | $-0.12 | $-0.23 | $-0.38 | $-0.32 | $-0.25 | $-0.17 | $-0.14 | $0.01 | $0.06 | $0.10 | $0.26 | $0.19 | $0.01 | $0.13 | $-0.11 | $-0.12 | $-0.26 | $-0.29 | $-0.17 | $-0.17 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.00% | 2.29% | 9.19% | -17.14% | - | 1.98% | -0.51% | -0.58% | 24.77% | 0.45% | -1.25% | 0.50% | 1.82% | 0.79% | 1.08% | 0.73% |
Riot Blockchain Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
CLSK | CleanSpark | $9.15 | $25.33 | 176.83% | Buy |
RIOT | Riot Blockchain | $7.10 | $16.14 | 127.32% | Buy |
BITF | Bitfarms | $2.04 | $4.26 | 108.82% | Buy |
BTBT | Bit Digital | $2.93 | $6.00 | 104.78% | Buy |
MARA | Marathon Digital | $15.87 | $31.20 | 96.60% | Buy |
HIVE | HIVE Blockchain | $3.05 | $5.00 | 63.93% | Buy |
WULF | TeraWulf | $4.07 | $6.08 | 49.39% | Buy |
HUT | Hut 8 Mining | $11.42 | $15.70 | 37.48% | Buy |
RIOT Forecast FAQ
Is Riot Blockchain a good buy?
Yes, according to 8 Wall Street analysts, Riot Blockchain (RIOT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 87.50% of RIOT's total ratings.
What is RIOT's price target?
Riot Blockchain (RIOT) average price target is $16.14 with a range of $9 to $23, implying a 127.32% from its last price of $7.1. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Riot Blockchain stock go up soon?
According to Wall Street analysts' prediction for RIOT stock, the company can go up by 127.32% (from the last price of $7.1 to the average price target of $16.14), up by 223.94% based on the highest stock price target, and up by 26.76% based on the lowest stock price target.
Can Riot Blockchain stock reach $11?
RIOT's average twelve months analyst stock price target of $16.14 supports the claim that Riot Blockchain can reach $11 in the near future.
What are Riot Blockchain's analysts' financial forecasts?
Riot Blockchain's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $627.63M (high $717.48M, low $552.65M), average EBITDA is $-101M (high $-89.074M, low $-116M), average net income is $-99.148M (high $-83.75M, low $-118M), average SG&A $403.68M (high $461.47M, low $355.46M), and average EPS is $-0.375 (high $-0.316, low $-0.444). RIOT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $770.95M (high $881.31M, low $678.85M), average EBITDA is $-124M (high $-109M, low $-142M), average net income is $-134M (high $-113M, low $-159M), average SG&A $495.86M (high $566.84M, low $436.62M), and average EPS is $-0.506 (high $-0.427, low $-0.6).
Did the RIOT's actual financial results beat the analysts' financial forecasts?
Based on Riot Blockchain's last annual report (Dec 2022), the company's revenue was $259.17M, which missed the average analysts forecast of $271.05M by -4.38%. Apple's EBITDA was $449.32M, missing the average prediction of $-41.922M by -1171.80%. The company's net income was $-510M, missing the average estimation of $846.03M by -160.23%. Apple's SG&A was $67.45M, missing the average forecast of $174.33M by -61.31%. Lastly, the company's EPS was $-3.65, missing the average prediction of $0.0991 by -3781.40%. In terms of the last quarterly report (Sep 2023), Riot Blockchain's revenue was $51.89M, missing the average analysts' forecast of $67.95M by -23.64%. The company's EBITDA was $556K, missing the average prediction of $-10.952M by -105.08%. Riot Blockchain's net income was $-45.325M, missing the average estimation of $-71.166M by -36.31%. The company's SG&A was $29.07M, missing the average forecast of $43.71M by -33.49%. Lastly, the company's EPS was $-0.25, missing the average prediction of $-0.269 by -7.04%