Rivian Automotive (NASDAQ:RIVN – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Tigress Financial in a report issued on Friday,Benzinga reports. They currently have a $25.00 price objective on the electric vehicle automaker’s stock. Tigress Financial’s price target suggests a potential upside of 62.02% from the stock’s current price.
Several other equities research analysts also recently issued reports on RIVN. Wells Fargo & Company raised their price target on Rivian Automotive from $12.00 to $15.00 and gave the company an “equal weight” rating in a research report on Friday, February 13th. Benchmark reaffirmed a “buy” rating on shares of Rivian Automotive in a research report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft raised Rivian Automotive from a “hold” rating to a “buy” rating and raised their price target for the company from $16.00 to $23.00 in a research report on Friday, February 13th. TD Cowen raised Rivian Automotive from a “hold” rating to a “buy” rating and raised their price target for the company from $17.00 to $20.00 in a research report on Tuesday, March 10th. Finally, Robert W. Baird raised Rivian Automotive from a “neutral” rating to an “outperform” rating and raised their price target for the company from $14.00 to $25.00 in a research report on Thursday, December 18th. Eleven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, Rivian Automotive currently has an average rating of “Hold” and an average price target of $18.05.
View Our Latest Stock Analysis on RIVN
Rivian Automotive Trading Up 1.2%
Rivian Automotive (NASDAQ:RIVN – Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The electric vehicle automaker reported ($0.54) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.68) by $0.14. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.27 billion. Rivian Automotive had a negative return on equity of 65.05% and a negative net margin of 67.68%.The firm’s revenue was down 25.8% compared to the same quarter last year. During the same period last year, the business posted ($0.70) earnings per share. Equities research analysts predict that Rivian Automotive will post -3.2 earnings per share for the current year.
Insider Activity
In other Rivian Automotive news, CEO Robert J. Scaringe sold 20,264 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $15.00, for a total transaction of $303,960.00. Following the completion of the transaction, the chief executive officer owned 1,022,584 shares in the company, valued at $15,338,760. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Claire Mcdonough sold 27,133 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $16.80, for a total transaction of $455,834.40. Following the transaction, the chief financial officer owned 680,836 shares of the company’s stock, valued at approximately $11,438,044.80. This represents a 3.83% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 134,647 shares of company stock valued at $2,159,808. 2.16% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Rivian Automotive by 3.3% during the third quarter. Vanguard Group Inc. now owns 81,673,512 shares of the electric vehicle automaker’s stock worth $1,198,967,000 after purchasing an additional 2,597,310 shares during the period. Capital International Investors lifted its stake in Rivian Automotive by 13.2% during the fourth 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 period. Renaissance Technologies LLC lifted its stake in Rivian Automotive by 32.4% during the fourth quarter. Renaissance Technologies LLC now owns 16,397,496 shares of the electric vehicle automaker’s stock worth $323,195,000 after purchasing an additional 4,012,386 shares during the period. Geode Capital Management LLC lifted its stake in Rivian Automotive by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 14,782,865 shares of the electric vehicle automaker’s stock worth $290,568,000 after purchasing an additional 59,503 shares during the period. Finally, Norges Bank bought a new position in Rivian Automotive during the fourth quarter worth about $220,323,000. Institutional investors own 66.25% of the company’s stock.
Key Headlines Impacting Rivian Automotive
Here are the key news stories impacting Rivian Automotive this week:
- Positive Sentiment: Tigress Financial reaffirmed a “buy” rating and set a $25 price target (~62% upside vs. current price), providing a clear analyst-driven upside case for the stock. Benzinga
- Positive Sentiment: Several retail-investor focused pieces (The Motley Fool) argue buying before Rivian’s April 30 earnings could pay off, citing product pipeline and recovery potential — these articles can drive retail demand and intraday momentum. Don’t Wait for Earnings to Buy Rivian
- Positive Sentiment: 247WallSt publishes a price target of $19.74 (≈32% upside) and highlights a potential comeback tied to new model rollouts and execution — another supportive third‑party projection. Price Prediction: Rivian Stock Eyes Comeback
- Neutral Sentiment: Sector rotation headlines note Rivian gaining favor as momentum in other names (e.g., INTC) fades — this can boost flows into RIVN but is not a company-specific fundamental change. PLTR, RIVN Gain Favor As INTC Momentum Fades
- Neutral Sentiment: Valuation analyses show divergence between DCF/narrative models and market price; that keeps the story mixed — supportive for long-term bulls but a caution for shorter-term traders. Valuation Analysis
- Neutral Sentiment: Broader thematic articles (AI/mega-cap coverage) mention sector dynamics but don’t materially change Rivian’s fundamentals; they may influence investor attention. The Motley Fool: AI Stocks
- Negative Sentiment: MarketBeat includes Rivian on a “stocks with rising risks” list heading into Q2, calling out valuation and demand hurdles—this could pressure sentiment among risk‑averse investors. Spring Cleaning Your Portfolio
Rivian Automotive Company Profile
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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