$11.67
8.06% today
Nasdaq, Dec 24, 07:49 pm CET
ISIN
US7672921050
Symbol
RIOT

Riot Blockchain Inc Target price 2024 - Analyst rating & recommendation

Riot Blockchain Inc Classifications & Recommendation:

Buy
88%
Hold
12%

Riot Blockchain Inc Price Target

Target Price $17.63
Price $10.80
Potential
Number of Estimates 15
15 Analysts have issued a price target Riot Blockchain Inc 2025 . The average Riot Blockchain Inc target price is $17.63. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 17 analysts: 15 Analysts recommend Riot Blockchain Inc to buy, 2 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Riot Blockchain Inc stock has an average upside potential 2025 of . Most analysts recommend the Riot Blockchain Inc stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 280.68 367.65
8.30% 30.98%
EBITDA Margin -26.36% 58.18%
769.89% 320.68%
Net Margin -32.35% -29.58%
92.92% 8.56%

15 Analysts have issued a sales forecast Riot Blockchain Inc 2024 . The average Riot Blockchain Inc sales estimate is

$368m
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. This is
17.49% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$386m 23.33%
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, the lowest is
$332m 6.00%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $281m 8.30%
2024
$368m 30.98%
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2025
$690m 87.56%
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2026
$882m 27.90%
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2027
$1.2b 39.07%
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12 Analysts have issued an Riot Blockchain Inc EBITDA forecast 2024. The average Riot Blockchain Inc EBITDA estimate is

$214m
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. This is
243.76% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$438m 394.66%
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, the lowest is
$101m 167.80%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-74.0m 825.49%
2024
$214m 389.03%
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2025
$297m 39.03%
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2026
$354m 19.21%
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2027
$494m 39.36%
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EBITDA Margin

2023 -26.36% 769.89%
2024
58.18% 320.68%
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2025
43.12% 25.89%
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2026
40.19% 6.79%
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2027
40.28% 0.22%
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5 Riot Blockchain Inc Analysts have issued a net profit forecast 2024. The average Riot Blockchain Inc net profit estimate is

$-109m
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. This is
215.64% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-77.8m 182.76%
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, the lowest is
$-158m 267.84%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-90.8m 92.33%
2024
$-109m 19.77%
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2025
$-174m 60.07%
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2026
$-40.8m 76.55%
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2027
$42.2m 203.28%
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Net Margin

2023 -32.35% 92.92%
2024
-29.58% 8.56%
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2025
-25.25% 14.64%
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2026
-4.63% 81.66%
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2027
3.44% 174.30%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -0.28 -0.34
92.33% 21.43%
P/E negative
EV/Sales 8.16

5 Analysts have issued a Riot Blockchain Inc forecast for earnings per share. The average Riot Blockchain Inc <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-0.34
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. This is
217.24% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-0.24 182.76%
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, the lowest is
$-0.49 268.97%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-0.28 92.33%
2024
$-0.34 21.43%
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2025
$-0.54 58.82%
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2026
$-0.13 75.93%
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2027
$0.13 200.00%
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P/E ratio

Current 36.99 448.96%
2024
-32.21 187.08%
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2025
-20.12 37.53%
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2026
-85.81 326.49%
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2027
83.08 196.82%
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Based on analysts' sales estimates for 2024, the Riot Blockchain Inc stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 9.59 22.72%
2024
8.16 14.86%
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2025
4.35 46.68%
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2026
3.40 21.81%
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2027
2.45 28.09%
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P/S ratio

Current 11.47 18.15%
2024
9.76 14.89%
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2025
5.21 46.68%
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2026
4.07 21.82%
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2027
2.93 28.09%
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