Key Takeaways:
- Riot Platforms Inc (RIOT, Financial) saw a decline in bitcoin production but an increase in annual performance.
- Analyst projections suggest significant potential upside for RIOT shares.
- Current brokerage recommendations indicate an 'Outperform' status.
Riot Platforms (RIOT) reported producing 463 bitcoins in April 2025, showcasing a 13% decline from the previous month, yet marking a notable 23% increase compared to the same period last year. The company successfully divested 475 bitcoins, reaping revenues to the tune of $38.8 million. Despite these strategic movements, pre-market shares experienced a slight dip of 2.15%, closing at $8.21, influenced by stable hash rates and calculated bitcoin sales.
Analyst Forecasts and Price Targets
According to projections from 14 industry analysts, the consensus one-year price target for Riot Platforms Inc (RIOT, Financial) averages at $15.64. The highest target is set at $22.00, while the lowest stands at $9.00. This average target reflects a potential upside of 99.64% from the current share price of $7.84. For more in-depth insights, visit the Riot Platforms Inc (RIOT) Forecast page.
Brokerage Recommendations
Riot Platforms Inc (RIOT, Financial) receives an average brokerage recommendation rating of 1.9, indicative of an "Outperform" status based on feedback from 16 major brokerage firms. The rating scale ranges from a strong buy at 1 to a sell at 5.
GF Value and Estimated Upside
GuruFocus estimates the GF Value of Riot Platforms Inc (RIOT, Financial) at $13.34 over the next year, suggesting a promising upside of 70.25% from the current price point of $7.8355. This GF Value estimation is derived from historical trading multiples, past business growth trends, and future performance forecasts. For further details, refer to the Riot Platforms Inc (RIOT) Summary page.
