RIOT
Q4 2026 EPS Estimate
$-0.31
Oct 29, 2026
Revenue Estimate
$158M
FY2029E EPS$1.54
FY2030E EPS$1.59

Analyst Sentiment

Wall St. Consensus
Buy
19 analysts·Moderate coverage
74
Score
18 Buy (95%)1 Hold (5%)0 Sell (0%)
Rating Breakdown
Strong Buy
00%
Buy
1895%
Hold
15%
Sell
00%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$24.00
+14.9%
Consensus
$30.00
+43.7%
Bull
$40.00
+91.6%
12-Month Target Range19 analysts
$24.00$30.00$40.00
Current $20.88Consensus
Current Price
$20.88
Upside to Consensus
$9.12

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+18.80%
EPS
FY2028
Rev+50.77%
EPS
FY2029
Rev+77.67%
EPS
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027EFY2028EFY2029EFY2030E
Revenue Avg$674M$800M$1.21B$2.14B$3.34B
Low$588M$438M$789M$1.63B$2.54B
High$750M$984M$1.74B$2.65B$4.12B
EBITDA Avg$-24M$-28M$-43M$-76M$-119M
Low$-27M$-35M$-62M$-94M$-147M
High$-21M$-16M$-28M$-58M$-90M
EBIT Avg$-310M$-368M$-555M$-986M$-1.53B
Low$-345M$-452M$-798M$-1.22B$-1.90B
High$-271M$-202M$-363M$-751M$-1.17B
Net Income Avg$-808M$-401M$-12M$523M$542M
Low$-981M$-697M$-579M$361M$374M
High$-635M$-99M$153M$683M$707M
EPS Avg$-2.55$-1.14$-0.64$1.54$1.59
Low$-2.88$-2.05$-1.70$1.06$1.10
High$-1.86$-0.29$0.45$2.00$2.08
Analysts (Rev / EPS)16 / 814 / 810 / 95 / 35 / 3
Quarterly
MetricQ3 2026Q4 2026Q1 2027Q2 2027Q3 2027Q4 2027Q1 2028Q2 2028
Revenue Avg$158M$173M$184M$195M$193M$236M$259M$315M
Low$119M$122M$132M$140M$138M$168M$185M$225M
High$192M$208M$222M$235M$233M$284M$312M$380M
EBITDA Avg$-6M$-6M$-7M$-7M$-7M$-8M$-9M$-11M
Low$-7M$-7M$-8M$-8M$-8M$-10M$-11M$-14M
High$-4M$-4M$-5M$-5M$-5M$-6M$-7M$-8M
EBIT Avg$-73M$-80M$-85M$-90M$-89M$-108M$-119M$-145M
Low$-88M$-96M$-102M$-108M$-107M$-131M$-144M$-175M
High$-55M$-56M$-60M$-64M$-63M$-77M$-85M$-104M
Net Income Avg$-108M$-92M$-88M$-96M$-100M$-116M$-71M$-64M
Low$-150M$-130M$-112M$-122M$-127M$-148M$-90M$-82M
High$-59M$-47M$-55M$-61M$-63M$-73M$-44M$-41M
EPS Avg$-0.31$-0.26$-0.25$-0.28$-0.29$-0.33$-0.20$-0.19
Low$-0.43$-0.37$-0.32$-0.35$-0.36$-0.42$-0.26$-0.24
High$-0.17$-0.14$-0.16$-0.17$-0.18$-0.21$-0.13$-0.12
Analysts (Rev / EPS)12 / 59 / 57 / 34 / 34 / 37 / 37 / 43 / 4

Earnings Surprises

Recent Analyst Actions

Aug 11, 2026Cantor Fitzgerald
Riot Platforms (RIOT) PT Raised to $30 at Cantor Fitzgerald
Target:$30.00
+48.4%from $20.21
Aug 11, 2026Compass Point
Compass Point Reiterates Buy Rating on Riot Platforms (RIOT)
Target:$29.00
+37.9%from $21.02
Aug 11, 2026Bernstein
Riot Platforms (RIOT) PT Raised to $35 at Bernstein SocGen
Target:$35.00
+72.1%from $20.34
Aug 11, 2026H.C. Wainwright
Riot Platforms (RIOT) PT Raised to $40 at H.C. Wainwright (from $25)
Target:$40.00
+106.2%from $19.40
Jul 23, 2026Morgan Stanley
Riot Platforms initiated with an Overweight at Morgan Stanley
Target:$36.00
+54.0%from $23.38
May 14, 2026Jefferies
Riot Platforms initiated with a Hold at Jefferies
Target:$24.00
-3.7%from $24.92
May 14, 2026Jefferies
Riot Platforms initiated with a Buy at Jefferies
Target:$37.00
+48.5%from $24.92
May 6, 2026H.C. Wainwright
Riot Platforms price target raised to $25 from $23 at H.C. Wainwright
Target:$25.00
+22.9%from $20.35
Apr 27, 2026Chardan Capital
Riot Platforms initiated with a Buy at Chardan
Target:$27.50
+47.8%from $18.61
Jan 20, 2026Needham
Riot Platforms price target raised to $30 from $28 at Needham
Target:$30.00
+56.0%from $19.23
Jan 16, 2026Cantor Fitzgerald
Riot Platforms price target raised to $31 from $25 at Cantor Fitzgerald
Target:$31.00
+64.6%from $18.83
Jan 14, 2026Piper Sandler
Piper Sandler on Riot Platforms (RIOT): 'Don't Forget About This Sleeping Giant'
Target:$26.00
+55.2%from $16.75
Nov 19, 2025JMP Securities
Riot Platforms initiated with an Outperform at Citizens JMP
Target:$25.00
+79.3%from $13.94
Oct 31, 2025Needham
Riot Platforms (RIOT) PT Raised to $28 at Needham
Target:$28.00
+29.0%from $21.71
Mar 21, 2025Roth Capital
Riot Platforms sees significant upside in HPC, says Roth MKM
Target:$20.00
+151.6%from $7.95
Oct 4, 2024Loop Capital Markets
ATB Capital Markets Reiterates Outperform (1) Rating on Riot Platforms (RIOT)
Target:$21.00
+434.4%from $3.93
Sep 24, 2024Macquarie
Riot Platforms initiated with an Outperform at Macquarie
Target:$15.00
+297.9%from $3.77
Jun 10, 2024Cantor Fitzgerald
Cantor Fitzgerald Assumes Riot Platforms (RIOT) at Overweight
Target:$23.00
+364.6%from $4.95
May 29, 2024Bernstein
Bernstein SocGen Group Reiterates Outperform Rating on Riot Platforms (RIOT)
Target:$22.00
+325.5%from $5.17
May 28, 2024B.Riley Financial
B.Riley Comments on Riot Platforms (RIOT) Proposal for Bitfarms (BITF)
Target:$15.00
+45.2%from $10.33
May 2, 2024H.C. Wainwright
Riot Platforms (RIOT) PT Lowered to $17 at H.C. Wainwright
Target:$17.00
+73.1%from $9.82
Apr 5, 2024B.Riley Financial
Riot Platforms (RIOT) PT Lowered to $16 at B.Riley on 'on lower BTC production in 1Q24 and delayed energization'
Target:$16.00
+57.0%from $10.19
Mar 21, 2024Cross Research
Death Cross Looms For Riot Platforms As Analysts Tout Growth Prospects
Target:$15.00
+25.2%from $11.98
Feb 21, 2023Needham
Riot Platforms Is Flush With Cash, Debt Free And Will Gain Market Share: Analyst
Target:$9.00
+42.5%from $6.32
Feb 7, 2023Roth Capital
Roth MKM Maintains Buy on Riot Platforms, Lowers Price Target to $12
Target:$12.00
+87.6%from $6.39
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.