Rivian Automotive (NASDAQ:RIVN – Get Free Report) had its price objective lifted by analysts at Morgan Stanley from $13.00 to $14.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an “underweight” rating on the electric vehicle automaker’s stock. Morgan Stanley’s target price would suggest a potential downside of 10.11% from the stock’s previous close.
Several other analysts have also commented on the stock. Tigress Financial restated a “buy” rating and set a $25.00 price target on shares of Rivian Automotive in a research report on Friday, April 10th. TD Cowen increased their target price on shares of Rivian Automotive from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday. Wells Fargo & Company raised their target price on Rivian Automotive from $15.00 to $16.00 and gave the company an “equal weight” rating in a research report on Friday. Wall Street Zen upgraded Rivian Automotive from a “strong sell” rating to a “sell” rating in a research report on Sunday, May 10th. Finally, UBS Group lifted their price target on Rivian Automotive from $16.00 to $17.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Thirteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $19.10.
Get Our Latest Stock Analysis on Rivian Automotive
Rivian Automotive Stock Performance
Rivian Automotive (NASDAQ:RIVN – Get Free Report) last posted its earnings results on Thursday, April 30th. The electric vehicle automaker reported ($0.55) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.60) by $0.05. Rivian Automotive had a negative net margin of 63.62% and a negative return on equity of 75.65%. The firm had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.37 billion. During the same period in the previous year, the business posted ($0.48) EPS. The business’s revenue was up 11.4% compared to the same quarter last year. As a group, analysts anticipate that Rivian Automotive will post -3.06 EPS for the current fiscal year.
Insider Buying and Selling at Rivian Automotive
In other Rivian Automotive news, CFO Claire Mcdonough sold 8,023 shares of Rivian Automotive stock in a transaction on Friday, May 29th. The shares were sold at an average price of $16.00, for a total transaction of $128,368.00. Following the sale, the chief financial officer owned 887,007 shares of the company’s stock, valued at $14,192,112. The trade was a 0.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Boone sold 20,000 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $20.00, for a total transaction of $400,000.00. Following the sale, the director directly owned 110,000 shares of the company’s stock, valued at $2,200,000. The trade was a 15.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 68,385 shares of company stock worth $1,125,094. Corporate insiders own 1.48% of the company’s stock.
Institutional Trading of Rivian Automotive
Hedge funds have recently bought and sold shares of the business. Capital International Investors boosted its holdings in shares of Rivian Automotive by 13.2% during the 4th quarter. Capital International Investors now owns 20,769,844 shares of the electric vehicle automaker’s stock worth $409,374,000 after purchasing an additional 2,418,717 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of Rivian Automotive by 32.4% in the fourth quarter. Renaissance Technologies LLC now owns 16,397,496 shares of the electric vehicle automaker’s stock valued at $323,195,000 after purchasing an additional 4,012,386 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Rivian Automotive by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 14,782,865 shares of the electric vehicle automaker’s stock valued at $290,568,000 after purchasing an additional 59,503 shares during the last quarter. Norges Bank acquired a new stake in shares of Rivian Automotive in the fourth quarter valued at approximately $220,323,000. Finally, Soma Equity Partners LP lifted its position in Rivian Automotive by 9.9% during the third quarter. Soma Equity Partners LP now owns 9,204,745 shares of the electric vehicle automaker’s stock worth $135,126,000 after buying an additional 829,782 shares in the last quarter. Institutional investors and hedge funds own 66.25% of the company’s stock.
More Rivian Automotive News
Here are the key news stories impacting Rivian Automotive this week:
- Positive Sentiment: Rivian exceeded Q2 expectations. Revenue rose 27% year over year to $1.66 billion, above the approximately $1.52 billion analyst estimate, while its adjusted loss of $0.47 per share was narrower than the expected $0.65 loss. The result also improved from a $0.97 loss a year earlier. Rivian beats quarterly revenue estimates as R2 launch, software business gain traction
- Positive Sentiment: The R2 ramp is providing a potential growth catalyst. Rivian began external R2 deliveries in June, said customer demand and Launch Edition conversion rates are exceeding internal expectations, and expects production to scale through year-end. Management also improved its full-year outlook, including delivery expectations and a narrower projected loss. Rivian reports strong Q2 results, lifts guidance as R2 ramps up
- Positive Sentiment: Higher-margin software revenue is adding support. Software revenue reportedly increased 37%, helped by Rivian’s Volkswagen partnership, strengthening the company’s strategy to supplement vehicle sales with technology and services. Rivian Q2 2026 earnings call transcript
- Neutral Sentiment: Analyst views remain mixed. Needham reaffirmed a Buy rating with a $23 target, while Wells Fargo raised its target to $16 but maintained an Equal Weight rating, implying limited near-term upside at the referenced price. Rivian analyst rating updates
- Negative Sentiment: Profitability remains the central concern. Rivian continues to post substantial losses, and management’s discussion of Chinese competitors’ lower capital costs highlighted the company’s structural cost disadvantage. A broad selloff in electric-vehicle stocks amplified the negative reaction. Rivian sinks despite Q2 beat and raised guidance
About Rivian Automotive
Rivian Automotive, Inc is an American automotive technology company specializing in the design, development and manufacture of electric vehicles. The company is best known for its all-electric R1 platform, which underpins the R1T pickup truck and R1S sport utility vehicle. In addition to consumer products, Rivian has secured a significant commercial contract to produce electric delivery vans for a leading e-commerce provider, underscoring its capability to serve both retail and fleet customers.
Founded in 2009 by engineer and entrepreneur Robert “RJ” Scaringe, Rivian has grown from a research-focused startup into a publicly traded corporation.
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