ATB Cormark sets USD 30.00 target for Riot Platforms stock

Published on 10/27/2026 at 21:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Riot schedules third-quarter results for November 4, 2026. Riot Platforms stock costs EUR 12.12 on October 27, 2026 at 9:51 p.m. CEST.

Analyst target and reporting date

ATB Cormark maintained a Buy rating and set a USD 30.00 target on October 21, 2026.
Riot reported USD 174.24 million in second-quarter 2026 revenue and a GAAP net loss of USD 237.17 million.
Riot Platforms stock costs EUR 12.12 at Lang & Schwarz on October 27, 2026 at 9:51 p.m. CEST.

RIOT, US7672921050, Illustration mit AI erstellt.

Riot Platforms (US7672921050) has a fresh USD 30.00 analyst target ahead of its third-quarter reporting date. Markets Insider reported that ATB Cormark analyst Martin Toner maintained a Buy rating and set the target on October 21, 2026. At Lang & Schwarz, Riot Platforms stock was trading at EUR 12.12 on October 27, 2026 at 9:51 p.m. CEST.

Second-quarter losses set the baseline

Riot's latest reported quarter ended June 30, 2026. According to Markets Insider, revenue reached USD 174.24 million, while the company posted a GAAP net loss of USD 237.17 million. The same report cited prior-year revenue of USD 152.99 million and net profit of USD 219.45 million, giving investors a sharp comparison for the next report.

What arrives before November 4?

Riot Platforms scheduled its third-quarter 2026 earnings conference call for November 4, 2026, at 8:00 a.m. EST. MarketBeat lists consensus revenue of USD 159.72 million and consensus earnings per share of minus USD 0.3343 for the quarter, against prior-year revenue of USD 180.23 million and earnings per share of USD 0.26.

Price position remains wide

Riot Platforms last traded at USD 13.56 on Nasdaq on October 27, 2026 at 4:00 p.m. ET, with a market capitalization of USD 5.1 billion. Its same-day trading range was USD 12.56 to USD 13.62, while the 52-week range was USD 11.50 to USD 30.32. Volume reached 20,609,963 shares. The negative price-to-earnings ratio of minus 3.65 reflects the company's reported losses rather than a positive earnings valuation.

ATB Cormark's target sits above the latest Nasdaq price, but the target and the euro quotation use different currencies and are therefore not combined into one percentage. For investors, the November 4 report will provide the next measurable test of revenue and earnings expectations.

The euro quote remains central

Riot Platforms is a Nasdaq-listed digital infrastructure company focused on Bitcoin mining, data centers and related engineering activities. The October 27 Lang & Schwarz quotation places the stock's German trading indication at EUR 12.12 late in the Berlin session.

The further course of trading is shown by the continuously updated real-time quote of Riot Platforms stock.