TD Cowen Forecasts Strong Price Appreciation for Rivian Automotive (NASDAQ:RIVN) Stock

Rivian Automotive (NASDAQ:RIVN) had its target price increased by equities researchers at TD Cowen from $13.00 to $17.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “hold” rating on the electric vehicle automaker’s stock. TD Cowen’s price objective indicates a potential downside of 4.12% from the stock’s current price.

Several other research firms have also recently weighed in on RIVN. Deutsche Bank Aktiengesellschaft raised shares of Rivian Automotive from a “hold” rating to a “buy” rating and boosted their price objective for the company from $16.00 to $23.00 in a report on Friday. Evercore reaffirmed an “outperform” rating on shares of Rivian Automotive in a research report on Monday, December 15th. The Goldman Sachs Group increased their price target on Rivian Automotive from $13.00 to $16.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Needham & Company LLC raised their price target on Rivian Automotive from $14.00 to $23.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Finally, UBS Group raised Rivian Automotive from a “sell” rating to a “neutral” rating and lifted their price objective for the stock from $15.00 to $16.00 in a report on Friday. Nine equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat, Rivian Automotive presently has a consensus rating of “Hold” and a consensus target price of $17.62.

Rivian Automotive Stock Up 26.6%

Rivian Automotive stock opened at $17.73 on Friday. Rivian Automotive has a 12 month low of $10.36 and a 12 month high of $22.69. The stock has a fifty day simple moving average of $17.66 and a two-hundred day simple moving average of $15.32. The company has a current ratio of 2.71, a quick ratio of 2.23 and a debt-to-equity ratio of 0.87. The firm has a market cap of $21.74 billion, a price-to-earnings ratio of -5.78 and a beta of 1.76.

Rivian Automotive (NASDAQ:RIVN) last released its quarterly earnings data on Thursday, February 12th. The electric vehicle automaker reported ($0.66) EPS for the quarter, beating the consensus estimate of ($0.68) by $0.02. Rivian Automotive had a negative return on equity of 61.67% and a negative net margin of 67.68%.The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same period last year, the firm posted ($0.70) earnings per share. Rivian Automotive’s revenue was down 25.8% compared to the same quarter last year. Equities analysts predict that Rivian Automotive will post -3.2 EPS for the current fiscal year.

Insider Transactions at Rivian Automotive

In related news, Director Peter Krawiec sold 3,655 shares of Rivian Automotive stock in a transaction on Monday, December 15th. The stock was sold at an average price of $19.45, for a total transaction of $71,089.75. Following the transaction, the director directly owned 29,122 shares in the company, valued at approximately $566,422.90. The trade was a 11.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert J. Scaringe sold 17,450 shares of the company’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $16.03, for a total value of $279,723.50. Following the completion of the sale, the chief executive officer owned 1,115,209 shares of the company’s stock, valued at approximately $17,876,800.27. The trade was a 1.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 120,154 shares of company stock worth $2,143,724 in the last three months. Corporate insiders own 2.16% of the company’s stock.

Hedge Funds Weigh In On Rivian Automotive

Several large investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its stake in shares of Rivian Automotive by 15.8% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 5,849,818 shares of the electric vehicle automaker’s stock worth $80,376,000 after purchasing an additional 799,030 shares during the period. XTX Topco Ltd bought a new stake in Rivian Automotive in the second quarter worth about $1,324,000. Farther Finance Advisors LLC boosted its position in shares of Rivian Automotive by 227.0% during the third quarter. Farther Finance Advisors LLC now owns 117,096 shares of the electric vehicle automaker’s stock valued at $1,719,000 after buying an additional 81,291 shares during the period. Y Intercept Hong Kong Ltd grew its stake in shares of Rivian Automotive by 244.1% during the third quarter. Y Intercept Hong Kong Ltd now owns 1,624,707 shares of the electric vehicle automaker’s stock valued at $23,851,000 after buying an additional 1,152,551 shares during the last quarter. Finally, Tableaux LLC purchased a new stake in shares of Rivian Automotive in the second quarter worth approximately $3,435,000. Hedge funds and other institutional investors own 66.25% of the company’s stock.

Rivian Automotive News Summary

Here are the key news stories impacting Rivian Automotive this week:

• Positive Sentiment: Rivian delivered a Q4 surprise: revenue and adjusted loss beat consensus and management issued a strong 2026 delivery outlook, triggering the rally. Article Title
• Positive Sentiment: Management now expects a large jump in 2026 deliveries (guidance ~62k–67k units / ~53% growth year‑over‑year), driven by rollout of the more affordable R2 SUV — investors view this as a clear growth path. Article Title
• Positive Sentiment: Broker activity has turned constructive: notable upgrades/target increases (Deutsche Bank upgrade to Buy with $23 PT; Wedbush reiteration at $25) helped fuel buying interest. Article Title
• Neutral Sentiment: Quarter details: adjusted loss per share (~$0.54–$0.66 depending on source) beat estimates and revenue was roughly $1.28–1.29B; software/services showed meaningful YoY growth and management highlighted product & software initiatives. Article Title
• Neutral Sentiment: R2 progress: early reviews and management commentary point to R2 deliveries beginning in Q2 and strong demand potential, but it’s still early in the ramp. Article Title
• Negative Sentiment: Underlying profitability and revenue mix remain weak: automotive revenue fell sharply (reported ~45% decline in Q4 auto revenue), the company still posts negative net margins and negative ROE. Article Title
• Negative Sentiment: Cash burn and capex: Rivian flagged continued losses as it ramps production and may spend >$2.1B on capex for expansion; a recent settlement also pressures near‑term cash. Article Title Article Title
• Negative Sentiment: Operational risks remain: some metrics (vehicle margins, free cash flow) showed weakness even with the beat — the company still expects losses as it scales, leaving execution risk on the table. Article Title

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.