Should You Buy Riot Platforms Inc (RIOT) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
17.550
1 Day change
52 Week Range
23.930
Analysis Updated At
2026/01/26
Riot Platforms Inc (RIOT) is not a strong buy at this moment for a beginner investor with a long-term strategy. While the company has potential in the AI and HPC sectors, its financial performance shows significant challenges, and there is no immediate positive signal from proprietary trading tools. The pre-market price drop and lack of strong trading sentiment further suggest holding off on investment for now.
Technical Analysis
The technical indicators show mixed signals. The MACD is positive but contracting, RSI is neutral, and moving averages are bullish. However, the pre-market price is down 1.68%, and the stock is trading near its pivot level of 17.172, indicating limited immediate upside momentum.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Technical Summary
Sell
0
Buy
9
Positive Catalysts
Analysts see potential in Riot's pivot to AI and HPC colocation, with several firms maintaining Outperform ratings and raising price targets. The company is also expanding its data center capacity, which could unlock future value.
Neutral/Negative Catalysts
The pre-market price drop of 1.68% and a recent price target cut by JPMorgan due to lower Bitcoin prices and a higher share count. Financial performance in Q3 2025 shows a significant drop in net income, EPS, and gross margin, raising concerns about profitability.
Financial Performance
In Q3 2025, Riot's revenue increased by 112.57% YoY to $180.2M. However, net income dropped by -167.69% YoY, EPS fell by -148.15%, and gross margin declined by -88.11%, indicating profitability challenges.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Analysts have mixed views. While some firms have raised price targets (e.g., Needham to $28, Bernstein to $25), others like JPMorgan have lowered targets (to $17). The overall sentiment leans positive but with caution due to Bitcoin price volatility and profitability concerns.
Wall Street analysts forecast RIOT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RIOT is 27.19 USD with a low forecast of 20 USD and a high forecast of 42 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
Wall Street analysts forecast RIOT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RIOT is 27.19 USD with a low forecast of 20 USD and a high forecast of 42 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Buy
0 Hold
0 Sell
Strong Buy
Current: 17.550
Low
20
Averages
27.19
High
42
Current: 17.550
Low
20
Averages
27.19
High
42
Keefe Bruyette
Stephen Glagola
Outperform
maintain
$16 -> $23
AI Analysis
2026-01-26
New
Reason
Keefe Bruyette
Stephen Glagola
Price Target
$16 -> $23
AI Analysis
2026-01-26
New
maintain
Outperform
Reason
Keefe Bruyette analyst Stephen Glagola raised the firm's price target on Riot Platforms to $23 from $16 and keeps an Outperform rating on the shares. The firm says the company's 10-year AMD lease provides Riot with a "high-quality tenant and meaningful organic demand visibility. The deal also commits roughly 21% of Rockdale's capacity to a long-duration operating income profile that remains structurally below tier-3 builds, the analyst tells investors in a research note.
JPMorgan
Overweight
downgrade
$19 -> $17
2025-11-24
Reason
JPMorgan
Price Target
$19 -> $17
2025-11-24
downgrade
Overweight
Reason
JPMorgan lowered the firm's price target on Riot Platforms to $17 from $19 and keeps an Overweight rating on the shares. The firm cites lower bitcoin prices and a higher share count for the target cut.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for RIOT
