Riot Platforms, Inc. (RIOT) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · Nasdaq
Riot Platforms, Inc. (RIOT) stock forecast summary
Our AI ranks Riot Platforms, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Riot Platforms, Inc. is a mid-cap company with a market capitalization of $5.15B. It ranks number 11 by market capitalization among the 60 Finance Services issuers in our coverage with a current forecast.
For RIOT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 4.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 1.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, RIOT included.
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How RIOT ranks among 5184 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Riot Platforms, Inc. (RIOT) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Finance Services peers listed below that report each metric.
Valuation & Market
| Metric | RIOT | Rank |
|---|---|---|
| Market Cap | $5.15B | 11/60 |
| P/B Ratio | 2.35x | 16/46 |
| EPS | $-4.65 | – |
| Book Value/Share | $5.84 | – |
| Revenue/Share | $1.80 | – |
| FCF/Share | $-2.07 | – |
Profitability & Margins
| Metric | RIOT | Rank |
|---|---|---|
| ROE | -60.4% | 21/29 |
| ROA | -40.6% | 27/31 |
| ROIC | -47.9% | 20/26 |
| Operating Margin | -199.2% | 16/29 |
| Net Margin | -196.3% | 20/28 |
| EBT Margin | -205.3% | 26/41 |
| Tax Rate | 0.1% | – |
Financial Health
| Metric | RIOT | Rank |
|---|---|---|
| Current Ratio | 1.59x | 22/40 |
| D/E Ratio | 0.49x | 35/54 |
| Financial Leverage | 1.49x | 37/52 |
| Interest Coverage | -66.2x | 25/33 |
| Working Capital | $268M | 17/39 |
Cash Flow
| Metric | RIOT | Rank |
|---|---|---|
| Operating Cash Flow | -$492M | 43/46 |
| Free Cash Flow | -$777M | 25/32 |
| Capital Spending | -$284M | 21/32 |
| FCF/Sales | -115.2% | 18/29 |
| CapEx/Sales | 42.2% | 9/29 |
Operational Efficiency
| Metric | RIOT | Rank |
|---|---|---|
| Asset Turnover | 0.21x | 14/35 |
| Receivables Turnover | 15.9x | 10/19 |
| Fixed Assets Turnover | 0.4x | 26/34 |
| Days Sales Outstanding | 23 days | 10/19 |
Income Statement
| Metric | RIOT | Rank |
|---|---|---|
| Total Revenue | $675M | 17/38 |
| Operating Income | -$1.34B | 28/32 |
| Net Income | -$1.32B | 26/32 |
| SG&A Expense | $310M | 9/19 |
Dividend & Shareholder Information
| Metric | RIOT | Rank |
|---|---|---|
| Shares Outstanding | 375M | – |
| EPS Growth | -475.0% | 13/16 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $726M | 22.2% of assets |
| Cash & Short-term Investments | $471M | 14.4% of assets |
| Accounts Receivable | $42M | 1.3% of assets |
| Total Liabilities | $1.07B | 32.8% of assets |
| Short-term Debt | $440M | 13.5% of assets |
RIOT quarterly financials and insider trading
Riot Platforms, Inc. (RIOT) industry peers
Companies classified under the same SEC industry code as Riot Platforms, Inc. (Finance Services): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| RIOT Riot Platforms, Inc. | ▲ | $5.15B |
| AXP American Express Co | ▶ | $211.77B |
| MSTR Strategy Inc | ▲ | $52.57B |
| COIN Coinbase Global, Inc. | ▲ | $45.69B |
| SYF Synchrony Financial | ▶ | $23.97B |
| CRCL Circle Internet Group, Inc. | ▲ | $20.87B |
| SOFI Sofi Technologies, Inc. | ▲ | $18.79B |
| BMNR Bitmine Immersion Technologies, Inc. | ▲ | $13.07B |
| CHYM Chime Financial, Inc. | ▲ | $11.23B |
| IREN Iren Ltd | ▲ | $10.64B |
| WULF Terawulf Inc. | ▲ | $5.83B |
| DAVE Dave Inc./De | ▲ | $4.96B |
| KLAR Klarna Group Plc | ▶ | $4.91B |
| BLSH Bullish | ▲ | $4.45B |
| CORZ Core Scientific, Inc./Tx | ▲ | $4.33B |
| CIFR Cipher Digital Inc. | ▲ | $3.73B |
| GPGI Gpgi, Inc. | ▶ | $3.61B |
| MARA Mara Holdings, Inc. | ▲ | $2.91B |
| IOND Ionic Digital Inc. | ▶ | $2.83B |
| SII Sprott Inc. | ▶ | $2.79B |
| UPST Upstart Holdings, Inc. | ▲ | $2.29B |
| CLSK Cleanspark, Inc. | ▲ | $2.15B |
| BTDR Bitdeer Technologies Group | ▲ | $2.10B |
| ASST Strive, Inc. | ▲ | $2.06B |
| XXI Twenty One Capital, Inc. | ▲ | $1.95B |
| PURR Hyperliquid Strategies Inc | ▲ | $1.79B |
| WLTH Wealthfront Corp | ▲ | $1.66B |
| SECZ Securitize Corp. | ▶ | $1.61B |
| PGY Pagaya Technologies Ltd. | ▲ | $1.44B |
| KEEL Keel Infrastructure Corp. | ▲ | $1.43B |
| PWP Perella Weinberg Partners | ▲ | $1.25B |
| WD Walker & Dunlop, Inc. | ▶ | $1.12B |
| RHLD Resolute Holdings Management, Inc. | ▶ | $889M |
| GDOT Green Dot Corp | ▶ | $695M |
| BTGO Bitgo Holdings, Inc. | ▲ | $691M |
| QFIN Qfin Holdings, Inc. | ▶ | $681M |
| BUR Burford Capital Ltd | ▲ | $659M |
| VEL Velocity Financial, Inc. | ▶ | $581M |
| HIVE Hive Digital Technologies Ltd. | ▲ | $557M |
| ABTC American Bitcoin Corp. | ▲ | $551M |
| FWDI Forward Industries, Inc. | ▲ | $510M |
| OPFI Oppfi Inc. | ▲ | $481M |
| GEMI Gemini Space Station, Inc. | ▲ | $463M |
| WYFI Whitefiber, Inc. | ▲ | $457M |
| OPRT Oportun Financial Corp | ▲ | $418M |
| BTBT Bit Digital, Inc | ▲ | $346M |
| SVIA Silvia, Inc. | ▼ | $323M |
| ORBS Eightco Holdings Inc. | ▲ | $318M |
| DGXX Digi Power X Inc. | ▲ | $266M |
| USDE Stablecoinx Inc. | ▼ | $257M |
| MFIN Medallion Financial Corp | ▲ | $257M |
| CNCK Coincheck Group N.V. | ▲ | $255M |
| BKKT Bakkt, Inc. | ▲ | $252M |
| SNFCA Security National Financial Corp | ▶ | $239M |
| ZSQR Z Squared Inc. | ▲ | $214M |
| CPSS Consumer Portfolio Services, Inc. | ▲ | $197M |
| LDI Loandepot, Inc. | ▲ | $181M |
| USBC Usbc, Inc. | ▲ | $170M |
| SLNH Soluna Holdings, Inc | ▲ | $164M |
| AMBR Amber International Holding Ltd | ▲ | $159M |
Where RIOT sits on the market map
Riot Platforms, Inc. (RIOT) stock news
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Riot Platforms, Inc. (RIOT) stock forecast FAQ
What is the Riot Platforms, Inc. (RIOT) stock forecast?
Our AI ranks Riot Platforms, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Riot Platforms, Inc. stock predictions?
For RIOT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 4.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 1.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Riot Platforms, Inc. forecasts updated?
Riot Platforms, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Riot Platforms, Inc.'s industry peers?
60 issuers in our coverage, RIOT included, share the SEC industry code Finance Services. The largest are: American Express Co (AXP), Strategy Inc (MSTR), Coinbase Global, Inc. (COIN), Synchrony Financial (SYF), Circle Internet Group, Inc. (CRCL), Sofi Technologies, Inc. (SOFI).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.