Riot Blockchain (RIOT) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Riot Blockchain (RIOT) Stock Forecast for 2024–2028. Sell or Buy?

Updated: June 16, 2024 (13:02)

Sector: Technology

The share price of Riot Blockchain, Inc. (RIOT) now

Latest session on the 14th of June for
Riot Blockchain, Inc. is negative
Trading Volume: 16812102
Open: 10.95 /  High: 11.02 /  Low: 10.265
What analysts predict: $18.14
52-week High/Low: $20.65 / $7.8

50/200 Day Moving Average: $10.11 / $11.67

This figure corresponds to the Average Price over the previous 50/200 days. For Riot Blockchain stocks, the 50-day moving average is the support level today.

For Riot Blockchain stocks, the 200-day moving average is the resistance level today.

Are you interested in Riot Blockchain, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Riot Blockchain stock price in 2024, 2025, 2026, 2027, 2028. How much will one Riot Blockchain share be worth in 2024 - 2028?

When should I take profit in Riot Blockchain stock? When should I record a loss on Riot Blockchain stock? What are analysts' forecasts for Riot Blockchain stock? What is the future of Riot Blockchain stock? We forecast Riot Blockchain stock performance using neural networks based on historical data on Riot Blockchain stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Riot Blockchain stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Riot Blockchain shares. This happens once a day.


Historical and forecast chart of Riot Blockchain stock

The chart below shows the historical price of Riot Blockchain stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Riot Blockchain stock price can be found in the table below.

Long-term forecasts by years.

RIOT Stock Forecast: A Rollercoaster Ride Governed by Bitcoin and Texas Summers

Trend: Neutral
Jun 07, 2024

When digging into the Riot Blockchain (RIOT) stock forecast, it becomes evident that several pivotal factors are at play. Top among these is the performance of Bitcoin itself. Given RIOT's significant involvement in Bitcoin mining, any fluctuations in Bitcoin prices are directly mirrored in RIOT's stock performance. Analysts keen on predicting RIOT stock movements closely monitor these cryptocurrency trends, knowing that a rise in Bitcoin could mean a lucrative boost for RIOT, while a slump might spell trouble.

High Heat and High Stakes: The Economic Weather Ahead

Another intriguing element is the scorching Texas summer. With RIOT positioned to potentially profit from selling excess energy during peak temperatures, this adds a layer of complexity to RIOT stock forecasts. Analysts must now factor in weather forecasts alongside financial indices, pondering if the seasonal heat will translate to heated stock values via additional energy credit revenue.

The strategic play around the acquisition of Bitfarms also weighs heavily. Success could catapult RIOT ahead in operational efficiency and growth, signaling a bullish outlook to investors. Meanwhile, the post-halving dip in Bitcoin production looms over, challenging RIOT to adapt and sustain profitability in a changed landscape.

In unraveling the RIOT stock puzzle, analysts amalgamate these diverse threads—from Bitcoin's volatile sway and Texas's summer extremes to strategic corporate maneuvers and shifting production dynamics post-halving. This comprehensive blend of financial acumen and environmental foresight sets the stage for accurate RIOT stock price predictions, whether one is mulling over a buy or sell decision or simply tracking the Riot Blockchain stock forecast.

  • Bitcoin Price Performance
  • Summer Temperatures in Texas
  • Acquisition Attempt of Bitfarms
  • Post-Halving Bitcoin Production

Armed with these insights, observers and investors alike stand better positioned to navigate the ebbs and flows of RIOT's stock journey, making informed decisions against a backdrop of evolving challenges and opportunities.

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About author

Unlocking the RIOT Blockchain Stock Forecast: Navigating Through a Sea of Variables

Trend: Neutral
May 31, 2024

In the ever-evolving landscape of cryptocurrency mining, Riot Blockchain (RIOT) emerges as a contender facing a multifaceted battlefield that directly influences its stock rates. Analysts peering into the RIOT stock forecast need to navigate through a maze of factors with a keen eye on the most critical variables shaping the near future of RIOT's market performance. Understanding these dynamics is not just about reading numbers; it's about interpreting the shifting sands of technological, economic, and competitive challenges.

Key Influencers on RIOT's Stock Trajectory

At the forefront of these influences is the Bitcoin mining difficulty—an increased difficulty level means reduced mining rewards, directly impacting RIOT's revenue and, consequently, its stock price. Analysts, therefore, watch this variable closely as a precursor to shifts in the RIOT stock forecast. However, the game doesn't end here. RIOT's ability or failure to upscale its hash rates in comparison to its rivals like Marathon Digital could lead to significant revenue shortfalls, posing another crucial factor in predicting the RIOT stock price prediction.

The journey towards forecasting RIOT stock prices isn't merely about observing current trends. It's about looking at how RIOT maneuvers its operational strategies, like scaling production capacity and managing energy costs efficiently through strategic power purchasing and utilizing advanced cooling technologies. These actions are pivotal in maintaining RIOT's profitability and, by extension, influencing whether RIOT stock is a buy or sell.

Moreover, external factors such as market consolidation activities, highlighted by RIOT's attempt to acquire Bitfarms, could serve as a beacon for changes in the industry landscape, thus impacting RIOT stock price targets. Analysts considering the long-term RIOT stock price prediction need to balance these elements to gauge the company's position in a consolidating industry and make informed decisions on whether to buy or sell Riot Blockchain stock.

To sum up, the RIOT stock forecast hinges on a complex interplay of internal performance metrics and external industry dynamics. Analysts aiming to craft the most accurate RIOT stock buy or sell recommendations must diligently assess these intertwined factors—ranging from bitcoin mining difficulty and production capacity to market consolidation efforts—to navigate the RIOT stock price projection maze confidently.

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About author

Deciphering RIOT Stocks: Navigating the Post-Halving Market

Trend: Neutral
Apr 23, 2024

The volatile nature of cryptocurrency mining has always presented a rollercoaster of challenges and opportunities for companies like RIOT Platforms. As we delve into the future of RIOT stocks, two major events promise to shape their trajectory: the aftermath of the Bitcoin halving and the financial dynamics of rapid expansion. Analysts keen on forecasting RIOT’s stock rates need to pay close attention to these elements to make informed predictions.

The Dual Challenge: Halving Effects and Financial Strain

Firstly, the Bitcoin halving event has reshaped the profitability landscape for RIOT. Reduced block rewards mean that unless the price of Bitcoin sees a significant uptick, RIOT’s aggressive expansion into new mining rigs could hamper profitability. This is a critical factor for analysts to monitor, as it directly impacts investor sentiment and could lead to a decrease in stock values.

Furthermore, RIOT's struggle with depreciation expenses and shareholder dilution adds another layer of complexity. The company's approach to financing its expansion through frequent share offerings has diluted value, a move which could make future equity less appealing. Analysts should weigh the balance between necessary growth and shareholder value erosion, understanding that excessive dilution could negatively affect stock prices.

In summary, the most accurate predictors of RIOT's stock rate changes will be those analysts who can successfully navigate the post-halving landscape while keeping a close eye on the company's financial decisions. By understanding the interconnectedness of these factors, analysts can offer insights that are both precise and insightful, crucial for navigating the unpredictable waters of cryptocurrency mining stocks.

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About author

Riot Blockchain, Inc. is engaged in the provision of investment services to the blockchain ecosystem, as well as the production of substances in vitro. His portfolio includes Verady, Coinsquare and Tesspay. The company was founded on July 24, 2000 and is headquartered in Castle Rock, Colorado.

Riot Blockchain daily forecast for a month

Date Target Pes. Opt. Vol., %
Jun 18 10.73 10.39 11.08 6.71
Jun 19 10.65 10.31 11.05 7.12
Jun 20 10.73 10.60 10.92 3.03
Jun 21 10.51 10.19 10.77 5.72
Jun 22 10.26 9.90 10.42 5.23
Jun 23 10.12 9.99 10.36 3.65
Jun 24 10.05 9.74 10.34 6.14
Jun 25 10.30 9.93 10.67 7.41
Jun 26 10.07 9.96 10.33 3.74
Jun 27 9.86 9.64 10.02 3.94
Jun 28 9.58 9.47 9.89 4.40
Jun 29 9.41 9.27 9.62 3.76
Jun 30 9.64 9.50 9.88 3.96
Jul 01 9.45 9.18 9.58 4.32
Jul 02 9.92 9.62 10.22 6.19
Jul 03 10.29 9.90 10.59 7.07
Jul 04 10.08 9.67 10.22 5.68
Jul 05 9.99 9.77 10.16 4.04
Jul 06 9.52 9.23 9.77 5.77
Jul 07 9.27 9.02 9.38 4.06
Jul 08 9.04 8.82 9.38 6.35
Jul 09 8.95 8.64 9.10 5.33
Jul 10 9.35 9.22 9.58 3.90
Jul 11 9.49 9.15 9.60 4.93
Jul 12 9.83 9.54 9.95 4.33
Jul 13 9.73 9.48 9.85 3.90
Jul 14 9.29 9.04 9.57 5.86
Jul 15 9.14 9.03 9.46 4.81
Jul 16 8.98 8.74 9.17 4.88
Jul 17 8.75 8.65 9.00 4.04

Riot Blockchain Daily Price Targets


Riot Blockchain Stock Forecast 06-18-2024.

Forecast target price for 06-18-2024: $10.73.
Positive dynamics for Riot Blockchain shares will prevail with possible volatility of 6.289%.
Pessimistic target level: 10.39
Optimistic target level: 11.08

Riot Blockchain Stock Forecast 06-19-2024.

Forecast target price for 06-19-2024: $10.65.
Negative dynamics for Riot Blockchain shares will prevail with possible volatility of 6.651%.
Pessimistic target level: 10.31
Optimistic target level: 11.05

Riot Blockchain Stock Forecast 06-20-2024.

Forecast target price for 06-20-2024: $10.73.
Positive dynamics for Riot Blockchain shares will prevail with possible volatility of 2.945%.
Pessimistic target level: 10.60
Optimistic target level: 10.92

Riot Blockchain Stock Forecast 06-21-2024.

Forecast target price for 06-21-2024: $10.51.
Negative dynamics for Riot Blockchain shares will prevail with possible volatility of 5.412%.
Pessimistic target level: 10.19
Optimistic target level: 10.77

Riot Blockchain Stock Forecast 06-22-2024.

Forecast target price for 06-22-2024: $10.26.
Negative dynamics for Riot Blockchain shares will prevail with possible volatility of 4.973%.
Pessimistic target level: 9.90
Optimistic target level: 10.42

Riot Blockchain Stock Forecast 06-23-2024.

Forecast target price for 06-23-2024: $10.12.
Negative dynamics for Riot Blockchain shares will prevail with possible volatility of 3.519%.
Pessimistic target level: 9.99
Optimistic target level: 10.36

RIOT (RIOT) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jul. 11.01 10.50 11.61 9.58
Aug. 10.51 10.18 10.83 6.01
Sep. 10.87 10.29 11.33 9.20
Oct. 10.15 9.59 10.91 12.09
Nov. 9.35 8.79 9.97 11.90
Dec. 10.05 9.40 10.37 9.30

Riot Blockchain forecast for this year


Riot Blockchain Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $11.0144. Pessimistic: $10.50. Optimistic: $11.61


Riot Blockchain Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $10.5077. Pessimistic: $10.18. Optimistic: $10.83


Riot Blockchain Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $10.865. Pessimistic: $10.29. Optimistic: $11.33


Riot Blockchain Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $10.1479. Pessimistic: $9.59. Optimistic: $10.91


Riot Blockchain Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $9.34621. Pessimistic: $8.79. Optimistic: $9.97


Riot Blockchain Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $10.0472. Pessimistic: $9.40. Optimistic: $10.37



Riot Blockchain (RIOT) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 9.83 9.10 10.24 11.13
Feb 10.01 9.36 10.61 11.79
Mar 9.92 9.23 10.49 12.02
Apr 10.48 9.69 11.09 12.57
May 10.72 9.86 11.12 11.28
Jun 10.14 9.44 10.61 10.99
Jul 10.63 10.39 11.25 7.65
Aug 10.66 9.99 11.10 9.99
Sep 10.81 10.17 11.28 9.87
Oct 10.59 9.94 11.02 9.81
Nov 10.20 9.80 10.57 7.24
Dec 10.60 9.81 10.87 9.75

Riot Blockchain (RIOT) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 10.58 9.97 11.39 12.44
Feb 9.95 9.69 10.47 7.41
Mar 9.87 9.47 10.47 9.53
Apr 9.44 9.04 9.88 8.50
May 8.83 8.27 9.07 8.85
Jun 9.04 8.58 9.70 11.56
Jul 9.38 9.07 9.68 6.30
Aug 9.00 8.47 9.35 9.43
Sep 9.64 9.41 10.41 9.55
Oct 9.61 9.17 10.04 8.61
Nov 9.65 9.41 10.05 6.34
Dec 9.77 9.23 10.14 8.96

Riot Blockchain (RIOT) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 8.94 8.55 9.47 9.73
Feb 9.12 8.74 9.61 9.01
Mar 9.30 8.84 9.82 9.94
Apr 10.22 9.59 10.66 10.07
May 11.04 10.42 11.81 11.78
Jun 10.85 10.37 11.28 8.08
Jul 11.90 11.57 12.77 9.41
Aug 11.38 10.92 11.91 8.31
Sep 11.39 10.86 11.70 7.21
Oct 10.78 10.14 11.22 9.61
Nov 10.44 9.80 11.11 11.75
Dec 10.52 10.10 11.01 8.22

Riot Blockchain (RIOT) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 10.27 10.02 10.98 8.79
Feb 11.02 10.52 11.85 11.26
Mar 11.45 10.74 11.78 8.84
Apr 11.38 10.69 12.26 12.81
May 12.10 11.58 12.60 8.07
Jun 13.20 12.81 13.81 7.27
Jul 14.50 13.36 14.83 9.87
Aug 15.31 14.74 16.12 8.55
Sep 14.89 14.58 15.33 4.86
Oct 15.37 14.33 16.15 11.32
Nov 15.08 14.20 15.46 8.10
Dec 14.37 13.51 14.66 7.84

Riot Blockchain information and performance

Riot Blockchain Address

202 6TH STREET, SUITE 401, CASTLE ROCK, CO, US

Market Capitalization: 3 170 857 000 $

Market capitalization of the Riot Blockchain, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of RIOT shares in the company outstanding by the market price of one share.

EBITDA: 238 412 000 $

EBITDA of Riot Blockchain is earnings before interest, income tax and depreciation of assets.

PE Ratio: 25.07

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 0.42

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 6.36
Quarterly Revenue Growth YOY: 0.083
Trailing PE: 25.07

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 13.16

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 5.05

Enterprise Value (EV) /Revenue

EV To EBITDA: -509.17

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 288785000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Riot Blockchain (RIOT) stock dividend

Riot Blockchain last paid dividends on 10/12/2017. The next scheduled payment will be on 10/18/2017. The amount of dividends is $None per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.