$12.37
4.26% yesterday
Nasdaq, Nov 15, 10:18 pm CET
ISIN
US7672921050
Symbol
RIOT

Riot Blockchain Inc Target price 2024 - Analyst rating & recommendation

Riot Blockchain Inc Classifications & Recommendation:

Buy
93%
Hold
7%

Riot Blockchain Inc Price Target

Target Price $16.29
Price $12.37
Potential
Number of Estimates 14
14 Analysts have issued a price target Riot Blockchain Inc 2025 . The average Riot Blockchain Inc target price is $16.29. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 15 analysts: 14 Analysts recommend Riot Blockchain Inc to buy, 1 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 $ 280.68 358.06
8.30% 27.57%
EBITDA Margin -26.36% 53.80%
769.89% 304.06%
Net Margin -32.35% -19.42%
92.92% 39.97%

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

$358m
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. This is
14.43% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$384m 22.68%
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, the lowest is
$310m 0.80%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $281m 8.30%
2024
$358m 27.57%
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2025
$662m 84.86%
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2026
$712m 7.57%
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2027
$970m 36.22%
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11 Analysts have issued an Riot Blockchain Inc EBITDA forecast 2024. The average Riot Blockchain Inc EBITDA estimate is

$193m
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. This is
229.47% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$328m 320.46%
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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
$193m 360.30%
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2025
$267m 38.87%
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2026
$329m 22.93%
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2027
$455m 38.22%
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EBITDA Margin

2023 -26.36% 769.89%
2024
53.80% 304.06%
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2025
40.41% 24.89%
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2026
46.18% 14.28%
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2027
46.86% 1.47%
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4 Riot Blockchain Inc Analysts have issued a net profit forecast 2024. The average Riot Blockchain Inc net profit estimate is

$-69.5m
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. This is
173.93% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$780k 99.17%
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, the lowest is
$-120m 227.58%
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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
$-69.5m 23.43%
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2025
$-236m 239.18%
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2026
$-113m 52.04%
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2027
$42.2m 137.28%
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Net Margin

2023 -32.35% 92.92%
2024
-19.42% 39.97%
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2025
-35.62% 83.42%
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2026
-15.88% 55.42%
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2027
4.35% 127.39%
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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 -0.21
92.33% 25.00%
P/E negative
EV/Sales 9.84

4 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

$-0.21
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. This is
172.41% 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
$0.00 100.00%
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, the lowest is
$-0.37 227.59%
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.

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

Earnings Per Share

2023 $-0.28 92.33%
2024
$-0.21 25.00%
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2025
$-0.73 247.62%
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2026
$-0.35 52.05%
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2027
$0.13 137.14%
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P/E ratio

Current 42.36 785.44%
2024
-57.70 236.21%
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2025
-17.01 70.52%
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2026
-35.47 108.52%
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2027
95.15 368.25%
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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
11.48
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.

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

EV/Sales

Current 11.26 71.39%
2024
9.84 12.61%
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2025
5.32 45.90%
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2026
4.95 7.04%
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2027
3.63 26.59%
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P/S ratio

Current 13.14 60.89%
2024
11.48 12.61%
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2025
6.21 45.90%
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2026
5.77 7.04%
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2027
4.24 26.59%
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