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Riot Platforms Is Up 88% in 2026 as Analysts Lift Targets. Here’s Where the Stock Could Go

Riot Platforms Is Up 88% in 2026 as Analysts Lift Targets. Here’s Where the Stock Could Go

Key Stats for Riot Platforms Stock

  • Current Price: $28.10
  • Target Price (Mid): ~$39
  • Street Target: ~$29
  • Potential Total Return: ~38%
  • Annualized IRR: ~7% / year
  • Earnings Reaction: +7.31% (April 30, 2026)

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What Happened?

Riot Platforms, Inc. (RIOT) has become one of the loudest re-rating stories on Wall Street. In early June, Keefe, Bruyette & Woods raised its target to $37 from $23, Clear Street went to $38 from $26, and Jefferies initiated coverage at Buy with a $37 target. The stock closed at $28.10 on June 18, up around 88% in 2026 and just under its 52-week high of $28.94.

The tension…

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