Riot Platforms, Inc. (RIOT)
(Delayed Data from NSDQ)
$8.50 USD
+0.45 (5.59%)
Updated Aug 23, 2024 03:59 PM ET
After-Market: $8.56 +0.06 (0.71%) 7:58 PM ET
3-Hold of 5 3
D Value F Growth F Momentum F VGM
Riot Platforms, Inc. (RIOT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$17.18 | $23.00 | $12.00 | 113.42% |
Price Target
Based on short-term price targets offered by 11 analysts, the average price target for Riot Platforms, Inc. comes to $17.18. The forecasts range from a low of $12.00 to a high of $23.00. The average price target represents an increase of 113.42% from the last closing price of $8.05.
Analyst Price Targets (11)
Broker Rating
Riot Platforms, Inc. currently has an average brokerage recommendation (ABR) of 1.17 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 12 brokerage firms. The current ABR compares to an ABR of 1.08 a month ago based on 12 recommendations.
Of the 12 recommendations deriving the current ABR, 10 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 83.33% and 16.67% of all recommendations. A month ago, Strong Buy made up 91.67%, while Buy represented 8.33%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/RIOT.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 10 | 10 | 11 | 10 | 10 |
Buy | 2 | 2 | 1 | 1 | 1 |
Hold | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.17 | 1.17 | 1.08 | 1.09 | 1.09 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/1/2024 | ATB Capital Markets | Martin Toner | Strong Buy | Strong Buy |
8/1/2024 | Compass Point Research & Trading | Chase White | Strong Buy | Strong Buy |
8/1/2024 | Northland Capital Markets | Michael Grondahl | Strong Buy | Strong Buy |
7/26/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
7/24/2024 | Needham & Company | John Todaro | Moderate Buy | Moderate Buy |
7/24/2024 | H.C. Wainwright & Co. | Michael Colonnese | Strong Buy | Strong Buy |
6/25/2024 | Cantor Fitzgerald & Co | Brett Knoblauch | Strong Buy | Strong Buy |
5/31/2024 | B. Riley Securities | Lucas N Pipes | Strong Buy | Strong Buy |
5/29/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/28/2024 | Roth Capital Partners | Darren Aftahi | Strong Buy | Strong Buy |
1/2/2024 | BTIG | Gregory Lewis | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.17 |
ABR (Last week) | 1.17 |
# of Recs in ABR | 12 |
Average Target Price | $16.95 |
LT Growth Rate | NA |
Industry | Technology Services |
Industry Rank by ABR | 68 of 253 |
Current Quarter EPS Est: | -0.18 |