Riot Platforms (RIOT.US) Price Target 2026/2027: 70% Upside – Rating and Stock Analysis

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Price history for Riot Platforms (RIOT.US) – stock price at $19.00, October 2026
Riot Platforms stock price – price development 2026. Updated Oct 7, 2026.
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Riot Platforms Price Target 2026: Analysts See 70% Upside

The average price target for Riot Platforms is $32.36. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 70.35% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is Riot Platforms overvalued or undervalued?

Riot Platforms is currently undervalued with a gap of 70.4% relative to the price target.


The current price is $19.00, which places Riot Platforms in the undervalued category. The stock is considered undervalued when the price is below $29.12, and overvalued when the price exceeds $35.60.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Riot Platforms, the fair value range lies between $29.12 and $35.60.


See the full price target analysis for Riot Platforms →

Analyst Ratings for Riot Platforms stock in 2026: Strong Buy

22 analysts cover Riot Platforms. There is broad agreement on a positive view — 95.4% recommend buying. The average price target is $32.36, which gives an upside of 70.4% from the current price.

Consensus: Strong Buy (4.59/5)
Strong Buy
14 (63.6%)
Buy
7 (31.8%)
Hold
1 (4.5%)
Strong Sell Sell Hold Buy Strong Buy
4.59 out of 5 based on 22 analysts

About Riot Platforms – Capital Markets

Riot mainly makes money by mining Bitcoin in North America. Mining means using computers to create new Bitcoin, which the company can then sell. Besides mining, Riot also runs data centers and sells electrical products.

Riot's main market is North America, and its main product is Bitcoin. The company also serves customers who need data center services and electrical equipment.

Riot has a fairly large operation. For example, at the end of 2021, the company had about 30,907 mining machines running. These are specialized computers that mine Bitcoin.

The company was originally founded in 2000 and is based in Colorado, USA.

Riot's business is split into three parts:
- Bitcoin Mining
- Data Center Hosting (renting out space and services in data centers)
- Electrical Products and Engineering (making and selling electrical equipment)

The idea behind this structure is that Riot wants to control several steps connected to its core business, which is Bitcoin.
Read more about the company

Key Figures for Riot Platforms

$7.3B Market cap
$675M Revenue
Capital Markets Industry
- P/E
10.86 P/S
3.74 P/B
United States Listed on exchange

What kind of stock is Riot Platforms?

Growth stock

Riot Platforms is classified as a growth stock with quarterly earnings growth of 37.3% and strong long-term momentum of 0.0%.

Score Overview for Riot Platforms

💰 Value Score 22/100 (Low)
⭐ Quality Score 1/100 (Very Low)
🚀 Momentum Score 34/100 (Low)
📊 Total Score 19/100

⚠️ 3 red flags identified 2 critical

Our analysis has identified 3 potential risk factors in Riot Platforms that investors should be aware of.

🚨 Negative profit margin: The profit margin is -196.3% – the company is losing money on its operations.
🚨 Negative return on equity: ROE is -48.2% – the company is generating a negative return for shareholders.
⚠️ High short interest: 14.8% of the shares are sold short – many professional investors are betting on price declines.

📈 Valuation

The P/S ratio is 10.9 (high — the market pays a premium for the revenue). The P/B ratio is 3.7.

💵 Profitability & Growth

The latest quarterly earnings grew 37.3% year over year — strong growth.

🏦 Financial Health

The Piotroski score is 5 out of 9 — average financial health. The debt-to-equity ratio (D/E) is 25.2% — low debt, a solid balance sheet.

🚀 Momentum & Short Interest

Short interest is 14.78% — very high, the market is skeptical.

Insider Trading in Riot Platforms 2026: The Signal Is negative

In 2026, insiders at Riot Platforms have made 20 transactions, all of which were sales. On a net basis, insiders took $26,756,564 out of the stock. Active insiders include Werner Ryan D., Les Jason, Ryan D Werner and others. In the short term (last 3 months), the insider signal is negative.

Short-Term Signal (3 months): Negative

Insiders have exclusively sold shares over the last 3 months.

Over the last 3 months: 0 purchases and 1 sales. A net $833,668 out of the stock.

Long-Term Signal (all transactions): Negative

Insiders have exclusively sold shares in the recent period. This can suggest management sees limited opportunity.

Across the last 20 transactions: 0 purchases and 20 sales. A net $26,756,564 out of the stock.

Latest sale: Werner Ryan D. sold 35,430 shares at $23.53 each on 2026-08-05.

Who is selling: Werner Ryan D., Les Jason, Ryan D Werner, Jason Les, William Richard Jackman and others.

Latest Insider Trades in Riot Platforms (2026)

The table shows the last 20 reported insider transactions in Riot Platforms. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-08-05 Werner Ryan D. Sell 35,430 24 833,668
2026-07-07 Werner Ryan D. Sell 10,232 22 224,388
2026-06-22 Werner Ryan D. Sell 25,375 30 761,250
2026-06-22 Les Jason Sell 62,703 30 1,886,733
2026-05-27 Werner Ryan D. Sell 37,616 27 996,824
2026-05-11 Les Jason Sell 175,000 25 4,408,250
2025-10-10 Werner Ryan D. Sell 14,984 23 344,632
2025-10-10 Ryan D Werner Sell 14,984 23 344,632
2025-10-03 Les Jason Sell 113,948 20 2,283,518
2025-10-03 Jason Les Sell 113,948 20 2,283,518

Who is buying and selling Riot Platforms shares in 2026?

The following insiders have sold shares: Werner Ryan D., Les Jason, Ryan D Werner, Jason Les, William Richard Jackman and others. In total, $26,756,564 was sold across 20 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Riot Platforms Short Selling 2026: 14.8% Sold Short

Very high short interest: 14.8% of the free float
Short % of free float
14.8%
Assessment
Very high short interest
Short squeeze risk
High
Data source
EODHD
Reported about twice a month

Short interest over time: Riot Platforms

0.0%10.6%21.3%
Peak 18.5% · 5/30
5/307/309/30
14.8% today (very high)Peaked at 18.5% on May 30, 2026Last 30 days: +0.3 percentage pointsMeasured over 123 days
What does the trend tell you?
Short interest has been markedly higher. It peaked at 18.5% on May 30, 2026 and now stands at 14.8% — a fall of 3.7 percentage points. Over the last month it has been fairly stable.

This is how shorting works: whoever shorts has borrowed the share and sold it, and to close the position again they must buy the share back. The fall from the peak therefore means that those who bet on a falling price in Riot Platforms have bought shares back and closed their positions. It is worth watching whether the curve stays there or turns again. That is not in itself a signal about what the price will do — we cannot predict the market, and short interest is only one number among many. But it does say something about what the large players are doing.
The stock has a very high share of short selling. Between 10-20% of the freely traded shares are sold short, which points to considerable bearish sentiment. A positive earnings report or unexpectedly good news can trigger a short squeeze with sharp price gains.

What does this mean for you as an investor?
A short interest of 14.8% means that 14.8% of the freely traded shares in Riot Platforms have been borrowed and sold by investors betting on falling prices. On positive surprises (e.g. a strong earnings report), short sellers can be forced to buy back shares quickly to close their positions, which can cause a short squeeze with sharp price gains in a short time.

The next potential catalyst is the earnings report on Oct 29, 2026. With a short interest of 14.8%, the report can trigger considerable volatility.

Short interest comes from our data provider EODHD. The figure is reported about twice a month; we check it every trading day.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
▲
14.8%

When Does Riot Platforms Report Earnings – Next Date: Oct 29, 2026

The next earnings report from Riot Platforms is scheduled for October 29, 2026, after the market closes. This report covers the third quarter (Q3), which ended on September 30, 2026.



Technical Analysis of Riot Platforms 2026 – Signal: Sell

Overall Technical Signal: Sell

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated October 7, 2026.

Technical analysis of Riot Platforms (RIOT.US) – RSI 39, MACD negative (bearish), daily candlestick chart October 2026
Riot Platforms technical analysis – candlestick chart with RSI, MACD and volume profile. Updated Oct 7, 2026.

Trend Analysis of Riot Platforms, Inc.

Riot Platforms, Inc. is in a short-term downtrend. The price of $18.93 is 12.4% below the 20-day average ($21.61). Medium term, the picture is negative: the price is 9.0% below the 50-day average ($20.80). Long term, the stock is 2.4% below the 200-day average ($19.40), which signals a long-term downtrend.

Golden Cross: The 50-day average (20.80) is above the 200-day average (19.40), which is a classic bullish signal for Riot Platforms, Inc..

Is Riot Platforms, Inc. overbought or oversold?

Riot Platforms, Inc. has an RSI of 38.9. The stock sits in the lower part of the neutral zone, which points to weak momentum without being oversold. In the current downtrend, be careful about reading this as a buying opportunity.

MACD Analysis for Riot Platforms, Inc.

Daily MACD: MACD is negative (-0.365), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is below the signal line (0.119) by 0.484, which confirms growing negative momentum in the downtrend.

Weekly MACD: MACD5 is positive (0.529), which indicates a broader bullish long-term trend. MACD5 is below the signal line (0.948) by 0.419, which suggests the long-term momentum is fading – the positive trend could come under pressure.

Overall MACD assessment: The daily and weekly MACD give conflicting signals. The long-term trend is bullish, but the short-term trend is bearish. Short-term momentum is still falling – a deeper pullback is possible.

Risk Profile for Riot Platforms, Inc.

Riot Platforms, Inc. has an annual standard deviation of 87.9%, which classifies the stock as Extremely speculative. Only risk-tolerant investors should consider this stock, because the price swings can be very large.

Overall Technical Conclusion for Riot Platforms, Inc.

Trend: Negative. The price trades below SMA50 and SMA200.

MACD trend (zero line): Daily bearish (-0.365). Weekly bullish (0.529).

MACD momentum (signal): Daily falling. Weekly falling.

RSI: 38.9 – neutral.

Technical signal: Sell

The trend is negative and MACD is below the zero line, which confirms the bearish momentum. Consider reducing the position or setting a stop-loss.

Frequently Asked Questions About Riot Platforms stock in 2026

Should you buy Riot Platforms stock now?
No, the technical signal for Riot Platforms is currently Sell. Riot Platforms trades at $19.00 as of Oct 7, 2026. The technical analysis shows the following: MACD is negative (bearish trend) at -0.365 with falling momentum (signal: 0.119); RSI is at 38.9 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average); the analyst price target of $32.36 points to 70.4% upside. The stock is in a broader downtrend (below SMA50/SMA200). Buying in a downtrend is generally not recommended. This is a technical observation based on current data, not investment advice.
What is the price target for Riot Platforms stock?
The average analyst price target for Riot Platforms is $32.36. The current price is $19.00, which gives an upside of 70.4%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $29.12 and $35.60.
Is Riot Platforms a dividend stock?
No, Riot Platforms does not currently pay a dividend to shareholders. The company reinvests its profits in growth instead of paying dividends.
What is the risk of Riot Platforms stock?
Riot Platforms is rated as a stock in the risk category Extremely speculative. the annual standard deviation is 87.9%, which classifies the stock as Extremely speculative.
Is Riot Platforms overvalued?
No, Riot Platforms is considered undervalued based on the analyst price target (70.4% upside). Riot Platforms has the following valuation ratios: a P/S ratio of 10.9, a P/B ratio of 3.7. The analyst price target suggests that the stock is undervalued by 70.4%.
Is Riot Platforms overbought?
No, Riot Platforms is not overbought. RSI is at 38.9 (neutral zone). The technical indicators show: RSI is at 38.9 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 12.1% below the 20-day average (short-term downtrend). In addition, MACD is negative with falling momentum (bearish).
When is the next Riot Platforms earnings report?
Riot Platforms reports its next earnings on October 29, 2026. The stock currently trades at $19.00.
Is Riot Platforms shorted?
Yes, Riot Platforms is shorted with 14.8% of the free float sold short. This is a very high level of short selling, which points to considerable bearish sentiment. A positive earnings report or unexpectedly good news can trigger a short squeeze with sharp price gains. The figure comes from our data provider EODHD, is reported about twice a month, and we check it every trading day.
Are insiders buying Riot Platforms stock?
No, insiders are not buying Riot Platforms shares – they are net sellers. Over the last 3 months, insiders have made 0 purchases and 1 sales. On a net basis, 833,668 $ worth of shares were sold. Across the last 20 reported transactions, the split is 0 purchases and 20 sales, with a net 26,756,564 $ sold. Active sellers include Werner Ryan D., Les Jason, Ryan D Werner and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is Riot Platforms a good stock?
Based on our total score, Riot Platforms is rated as a disastrous stock with a total score of 19 out of 100. The stock scores very low on value, quality and momentum – it is among the worst in our database. The score is made up of Value: 22/100, Quality: 1/100, Momentum: 34/100. In addition: analysts see 70.4% upside to the price target; technical signal: Sell. Whether Riot Platforms is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Riot Platforms stock?
The outlook for Riot Platforms based on current data: the average analyst price target is $32.36 (+70.4%); the stock is in a downtrend (below SMA50 and SMA200); the next earnings report is due on Oct 29, 2026, which can move the price. Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Riot Platforms stock falling?
Riot Platforms is falling right now. The technical indicators show: the price is 12.1% below the 20-day average; MACD is negative with falling momentum (bearish signal); short interest is 14.8% (high – many are betting on a decline); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis and insider section above.
How high can Riot Platforms go?
The average analyst price target for Riot Platforms is $32.36, which corresponds to a potential gain of 70.4% from the current price of $19.00. The stock has traded between $11.50 and $30.32 over the last 52 weeks. The price is 37.3% below the 52-week high, which can indicate potential if the underlying fundamentals are intact. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Riot Platforms fall?
The stock has traded as low as $11.50 over the last 52 weeks — that is 39.5% below the current price of $19.00. The biggest decline (drawdown) in the same period was 62.1% from high to low. Within a year, the price typically swings about ±87.9% (standard deviation — a measure of price swings). A difficult year could therefore mean a further decline of that size. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Riot Platforms do?
Riot mainly makes money by mining Bitcoin in North America. Mining means using computers to create new Bitcoin, which the company can then sell. Besides mining, Riot also runs data centers and sells electrical products. Riot's main market is North America, and its main produc... The company belongs to the Financial Services sector, more specifically the Capital Markets industry, is headquartered in United States, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Riot Platforms as an investment.
Did Riot Platforms raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Riot Platforms. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history above.
Is Riot Platforms making money or losing money?
No, Riot Platforms is currently not making money — the company is losing money with a negative profit margin of -196.3%, a substantial loss. That means the business loses money on every dollar of revenue. For growth stocks investing in expansion this is normal — but it raises the risk if the company does not reach break-even before its capital runs out.
Can Riot Platforms go bankrupt?
Altman Z2 is not used for banks and financial companies — their balance sheet is built on debt (that is the business model), so the model would wrongly classify a healthy bank as distressed. For Riot Platforms, look instead at the capital base (e.g. the core capital ratio), loan losses and earnings power.
Does Riot Platforms have a lot of debt?
No, Riot Platforms has low debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 25%. For the financial services sector, anything below 200% counts as low debt. Banks take in deposits (debt) as their raw material and lend it out — which naturally gives a high D/E. 200-400% is typical; only above 400% counts as elevated. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.

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