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…






