Riot Platforms, Inc. (RIOT) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 18 analysts3.0% Above Target
RIOT trades 3.0% above Wall Street's consensus target of $27.25.
Current Price$28.10
Average Target$27.25
Target
Current
Low$24.00
Median$26.75
High$31.00
Analyst Target Range
Forward P/E—
PEG Ratio—
Implied Growth+23.3%
(Moderate)
Analyst Spread25.7%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes RIOT achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 18 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
RIOT Price Target Analysis
Updated June 21, 2026As of June 21, 2026, Riot Platforms, Inc. (RIOT) has a Wall Street consensus price target of $27.25, based on estimates from 18 covering analysts. With the stock currently trading at $28.10, this represents a potential downside of -3.0%. The company has a market capitalization of $10.65B.
Analyst price targets range from a low of $24.00 to a high of $31.00, representing a 26% spread in expectations. The median target of $26.75 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 17 analysts rating the stock as a Buy or Strong Buy,1 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, RIOT trades at a trailing P/E of -14.4x. Analysts expect EPS to grow +23.3% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+41.1%
Industry Consensus
Avg Forward P/E
—
Valuation Multiple
Peers with Coverage
9 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 MARAMarathon Digital Holdings, Inc. | $5.4B | $14.22 | $12.50 | -12.1% | Buy | — | 20 |
 CLSKCleanSpark, Inc. | $4.4B | $17.24 | $18.90 | +9.6% | Buy | — | 11 |
 CIFRCipher Mining Inc. | $11.8B | $29.18 | $31.90 | +9.3% | Buy | — | 13 |
 IRENIREN Limited | $21.4B | $59.96 | $81.86 | +36.5% | Buy | — | 13 |
 HUTHut 8 Corp. | $14.0B | $124.44 | $106.89 | -14.1% | Buy | — | 16 |
 BTBTBit Digital, Inc. | $707M | $2.17 | $6.00 | +176.5% | Buy | — | 2 |
 CORZCore Scientific, Inc. | $9.3B | $29.16 | $32.86 | +12.7% | Buy | — | 22 |
 BITFBitfarms Ltd. | $1.3B | $2.16 | $4.84 | +124.1% | Buy | — | 4 |
 WULFTeraWulf Inc. | $11.8B | $28.98 | $36.94 | +27.5% | Buy | — | 13 |
 MIGIMawson Infrastructure Group, Inc. | $5M | $5.50 | — | — | — | — | — |
RIOT — Frequently Asked Questions
Quick answers to the most common questions about buying RIOT stock.
What is the RIOT stock price target for 2026?
Wall Street's consensus price target for RIOT is $27.25, -3.0% from its current price of $28.1. The below-market target from 18 analysts suggests limited near-term appreciation.
Is RIOT a buy, sell, or hold?
RIOT has a consensus rating of "Buy" based on 18 Wall Street analysts. The rating breakdown is predominantly bullish, with 17 Buy/Strong Buy ratings. The consensus 12-month price target of $27.25 implies -3.0% downside from current levels.
Is RIOT stock overvalued or undervalued?
RIOT's current price is $28.1 with a consensus target of $27.25 (-3.0% implied move). Analyst estimates suggest the stock is fairly valued at current levels.
How high can RIOT stock go?
The most bullish Wall Street analyst has a price target of $31 for RIOT, while the most conservative target is $24. The consensus of $27.25 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover RIOT stock?
RIOT is well covered by analysts, with 18 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 17 have Buy ratings, 1 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the RIOT stock forecast?
The 12-month RIOT stock forecast based on 18 Wall Street analysts shows a consensus price target of $27.25, with estimates ranging from $24 (bear case) to $31 (bull case). The median consensus rating is "Buy".
Should I buy RIOT stock?
Analysts are cautious on RIOT, with 0 Sell ratings and a price target of $27.25 (-3.0% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do RIOT price targets vary so much?
RIOT analyst price targets range from $24 to $31, a 26% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $27.25 consensus represents the middle ground.
Consensus-Based Analysis Tools
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