Rivian Automotive, Inc. (NASDAQ:RIVN – Get Free Report) shares shot up 10.7% on Friday after Wedbush raised their price target on the stock from $16.00 to $25.00. Wedbush currently has an outperform rating on the stock. Rivian Automotive traded as high as $22.64 and last traded at $22.45. 104,561,472 shares were traded during mid-day trading, an increase of 166% from the average session volume of 39,318,020 shares. The stock had previously closed at $20.28.
Other analysts have also issued research reports about the company. Morgan Stanley reissued an “underweight” rating and set a $12.00 price target on shares of Rivian Automotive in a report on Monday, December 8th. The Goldman Sachs Group lifted their price objective on Rivian Automotive from $13.00 to $16.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Stifel Nicolaus boosted their price objective on Rivian Automotive from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Monday, November 17th. Wall Street Zen raised shares of Rivian Automotive from a “sell” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Tigress Financial lifted their price target on shares of Rivian Automotive from $21.00 to $25.00 and gave the company a “buy” rating in a report on Friday, November 14th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, thirteen have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $15.73.
Check Out Our Latest Stock Analysis on RIVN
Insider Buying and Selling
More Rivian Automotive News
Here are the key news stories impacting Rivian Automotive this week:
- Positive Sentiment: Baird upgraded Rivian from Hold/Neutral to Strong Buy/Outperform, citing the R2 SUV and autonomy roadmap as catalysts that could materially re-rate the stock. Baird upgrades Rivian Automotive (RIVN)
- Positive Sentiment: Wedbush raised its 12‑month price target to $25 (from $16) and kept an Outperform rating, explicitly flagging the upcoming R2 launch as a near-term revenue/margin catalyst. Rivian Stock Jumps Again — Wedbush Raises Target to $25 Ahead of R2 Launch
- Positive Sentiment: Investors are reacting to Rivian’s Autonomy & AI Day takeaways and product software updates (including a new “Universal Hands‑Free” feature), which support the narrative that Rivian is pivoting toward AI/ autonomy as a high-margin revenue stream. Rivian rolls out new ‘Universal Hands-Free’ driving feature
- Positive Sentiment: Multiple shops (Needham, Canaccord, MarketBeat writeups) have reiterated or raised ratings/targets after the company’s AI event, helping push the stock to fresh 52‑week highs as momentum trades pick up. Rivian (RIVN) Hits Record High on Analyst Bullish Rating, PT
- Neutral Sentiment: Rivian’s Europe opportunity (R2/R3 being Europe-ready, export advantages) was highlighted as a medium-term growth driver, but launch timing and scale remain uncertain. Is Europe Becoming Rivian’s Next Big Growth Opportunity?
- Neutral Sentiment: Unusual options flow: large purchases of call options indicate speculative/leveraged bullish positioning, which can amplify intraday moves but also increases short-term volatility. (reported Dec. 18)
- Negative Sentiment: An internal director sold ~3,655 shares (disclosed filing), a small but visible insider sale that investors track for signal; plus Rivian remains unprofitable with negative margins, a point stressed by some remaining bearish analysts. Peter Krawiec Sells 3,655 Shares of Rivian Automotive (NASDAQ:RIVN) Stock
Institutional Trading of Rivian Automotive
Several hedge funds have recently modified their holdings of the company. Allworth Financial LP grew its holdings in shares of Rivian Automotive by 179.5% in the third quarter. Allworth Financial LP now owns 30,262 shares of the electric vehicle automaker’s stock valued at $444,000 after purchasing an additional 19,434 shares in the last quarter. Swiss Life Asset Management Ltd grew its stake in shares of Rivian Automotive by 27.1% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 134,991 shares of the electric vehicle automaker’s stock worth $1,982,000 after buying an additional 28,759 shares in the last quarter. CIBC Private Wealth Group LLC increased its holdings in shares of Rivian Automotive by 47.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 22,018 shares of the electric vehicle automaker’s stock worth $323,000 after buying an additional 7,115 shares during the last quarter. Centaurus Financial Inc. bought a new stake in shares of Rivian Automotive in the 3rd quarter worth about $110,000. Finally, Coldstream Capital Management Inc. raised its position in shares of Rivian Automotive by 128.9% during the 3rd quarter. Coldstream Capital Management Inc. now owns 123,865 shares of the electric vehicle automaker’s stock valued at $1,818,000 after buying an additional 69,754 shares in the last quarter. 66.25% of the stock is owned by hedge funds and other institutional investors.
Rivian Automotive Trading Up 10.7%
The stock has a market cap of $27.52 billion, a P/E ratio of -7.22 and a beta of 1.79. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.23 and a current ratio of 2.71. The stock’s fifty day moving average is $15.40 and its 200 day moving average is $14.17.
Rivian Automotive (NASDAQ:RIVN – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The electric vehicle automaker reported ($0.65) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.71) by $0.06. Rivian Automotive had a negative return on equity of 57.33% and a negative net margin of 61.34%.The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same period in the prior year, the business posted ($1.08) earnings per share. The company’s quarterly revenue was up 78.3% compared to the same quarter last year. As a group, equities research analysts predict that Rivian Automotive, Inc. will post -3.2 earnings per share for the current fiscal year.
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.
Further Reading
- Five stocks we like better than Rivian Automotive
- Stock Sentiment Analysis: How it Works
- Nike Beats on Earnings But Struggles in China and Faces Tariffs
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- Is the AI Boom a Bubble? These 2 Dividend Stocks Say No
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- 4 High-Potential ETFs for 2026: Small Caps, Space Stocks, and More
Receive News & Ratings for Rivian Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rivian Automotive and related companies with MarketBeat.com's FREE daily email newsletter.
