RIOT
Q3 2026 EPS Estimate
$-0.21
Jul 30, 2026 · Reports after close
Revenue Estimate
$155M
FY2029E EPS$2.10
FY2030E EPS$0.95

Analyst Sentiment

Wall St. Consensus
Buy
18 analysts·Moderate coverage
74
Score
17 Buy (94%)1 Hold (6%)0 Sell (0%)
Rating Breakdown
Strong Buy
00%
Buy
1794%
Hold
16%
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
+8.5%
Consensus
$26.75
+21.0%
Bull
$31.00
+40.2%
12-Month Target Range18 analysts
$24.00$26.75$31.00
Current $22.11Consensus
Current Price
$22.11
Upside to Consensus
$4.64

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+21.38%
EPS
FY2028
Rev+18.67%
EPS
FY2029
Rev+99.38%
EPS
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027EFY2028EFY2029EFY2030E
Revenue Avg$666M$808M$959M$1.91B$2.80B
Low$598M$715M$941M$1.64B$2.39B
High$765M$911M$977M$2.21B$3.23B
EBITDA Avg$-24M$-29M$-34M$-68M$-99M
Low$-27M$-32M$-35M$-79M$-115M
High$-21M$-25M$-33M$-58M$-85M
EBIT Avg$-306M$-372M$-441M$-879M$-1.29B
Low$-352M$-419M$-449M$-1.02B$-1.49B
High$-275M$-329M$-433M$-752M$-1.10B
Net Income Avg$-721M$-291M$-126M$715M$324M
Low$-755M$-596M$-245M$581M$263M
High$-454M$16M$-8M$861M$390M
EPS Avg$-1.91$-0.76$-0.38$2.10$0.95
Low$-2.22$-1.75$-0.72$1.70$0.77
High$-1.33$0.05$-0.02$2.53$1.14
Analysts (Rev / EPS)15 / 714 / 710 / 85 / 65 / 6
Quarterly
MetricQ3 2026Q4 2026Q1 2027Q2 2027Q3 2027Q4 2027Q1 2028Q2 2028
Revenue Avg$160M$176M$179M$185M$197M$222M$228M$205M
Low$140M$152M$155M$160M$171M$192M$197M$178M
High$192M$209M$213M$220M$234M$264M$271M$244M
EBITDA Avg$-6M$-6M$-6M$-7M$-7M$-8M$-8M$-7M
Low$-7M$-7M$-8M$-8M$-8M$-9M$-10M$-9M
High$-5M$-5M$-6M$-6M$-6M$-7M$-7M$-6M
EBIT Avg$-74M$-81M$-82M$-85M$-91M$-102M$-105M$-94M
Low$-88M$-96M$-98M$-101M$-108M$-121M$-125M$-112M
High$-64M$-70M$-71M$-74M$-78M$-88M$-91M$-82M
Net Income Avg$-79M$-76M$-48M$-76M$-64M$-71M$-140M$-74M
Low$-109M$-95M$-60M$-95M$-80M$-88M$-174M$-92M
High$-34M$-63M$-40M$-63M$-53M$-58M$-115M$-61M
EPS Avg$-0.23$-0.22$-0.14$-0.22$-0.18$-0.20$-0.40$-0.21
Low$-0.31$-0.27$-0.17$-0.27$-0.23$-0.25$-0.50$-0.26
High$-0.10$-0.18$-0.11$-0.18$-0.15$-0.17$-0.33$-0.18
Analysts (Rev / EPS)11 / 45 / 25 / 26 / 19 / 15 / 24 / 36 / 2

Earnings Surprises

Recent Analyst Actions

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.