Equites Radar

RIOT · Riot Platforms, Inc.

Capital MarketsUnited StatesAnalyst view: Strong Buy

$22.53

-3.32% last session

End-of-day data · updated 2026-07-28

Mildly bullish3 bullish · 1 bearish technical signals
Consensus: Strong Buy (1.43 from 21 analysts)
To mean target: +32.1%

Market cap

$8B

Enterprise value

$9B

Trailing P/E

Forward P/E

-27.6

Dividend yield

Beta

3.81

Avg volume

17M

Employees

1K

2D change

5D change

-7.92%

10D change

20.32%

30D change

-23.10%

60D change

-18.96%

MTD change

-8.31%

YTD change

73.40%

Analyst Outlook

Consensus ratingStrong Buy
Recommendation mean (1–5)1.43
Covering analysts21
Mean price target$29.76
Low price target$20.00
Upside to mean target+32.1%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)44.3
50-day MA$24.50
200-day MA$18.56
Price vs 50-day MA-13.3%
Price vs 200-day MA+14.4%
MACD histogram0.24
Volume vs 3-month avg0.9×
52w low $11.0352w high $28.69

Analyst sentiment over time — RIOT

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-28

Latest call per bank · past 12 months

Morgan Stanley

Overweight

$36.00

+59.8% vs price
▲ raised from $0.00Initiates · 2026-07-23

Citigroup

Buy

$28.00

+24.3% vs price
▲ raised from $21.00Maintains · 2026-07-08

JP Morgan

Overweight

$20.00

-11.2% vs price
▲ raised from $17.00Maintains · 2025-11-25

Recent rating actions

DateFirmActionRatingPrice target
2026-07-28Keefe, Bruyette & WoodsMaintainsOutperform$37.00 $35.00
2026-07-23Morgan StanleyInitiatesOverweight$0.00 $36.00
2026-07-08CitigroupMaintainsBuy$21.00 $28.00
2026-06-25BTIGMaintainsBuy$28.00 $40.00
2026-05-22NeedhamMaintainsBuy$24.00 $28.50
2026-05-06HC Wainwright & Co.MaintainsBuy$23.00 $25.00
2026-05-01Cantor FitzgeraldMaintainsOverweight$20.00 $23.00
2026-05-01NeedhamReiteratesBuy$24.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-28

  • RSI (14): RSI is 44 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 13.3% below the 50-day MA ($24.50).
  • Price vs 200-day MA: Trading 14.4% above the 200-day MA ($18.56).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is positive (+0.24) — short-term momentum is improving.
  • 52-week range: Price sits between the 52-week low ($11.03) and high ($28.69).

RIOT Price Chart

Loading chart for RIOT

Fundamentals

Revenue (TTM)$1.0B
EBITDA$0M
Free cash flow$0M
Operating cash flow-$1.0B
Book value / share$6.32
Net debt / EBITDA-2.1
WACC27.0%
Revenue growth4.00%
Earnings growth

About Riot Platforms, Inc.

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. It operates in two segments, Bitcoin Mining and Engineering. The company offers comprehensive and critical infrastructure for bitcoin mining and data center services at its facilities. The company also designs and manufactures power distribution equipment and engineered-to-order electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale industrial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.