Rivian Automotive (NASDAQ:RIVN) Rating Increased to Buy at TD Cowen

TD Cowen upgraded shares of Rivian Automotive (NASDAQ:RIVN) from a hold rating to a buy rating in a research note released on Tuesday, Marketbeat.com reports. TD Cowen currently has $20.00 price target on the electric vehicle automaker’s stock, up from their previous price target of $17.00.

A number of other equities research analysts have also weighed in on RIVN. UBS Group upgraded shares of Rivian Automotive from a “sell” rating to a “neutral” rating and raised their price objective for the company from $15.00 to $16.00 in a report on Friday, February 13th. Morgan Stanley reiterated an “underweight” rating and set a $12.00 target price on shares of Rivian Automotive in a research note on Monday, December 8th. Bank of America began coverage on Rivian Automotive in a report on Wednesday, March 4th. They issued an “underperform” rating and a $14.00 target price on the stock. Deutsche Bank Aktiengesellschaft upgraded 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 note on Friday, February 13th. Finally, Wolfe Research downgraded Rivian Automotive from a “peer perform” rating to an “underperform” rating in a report on Monday, January 12th. Ten investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $18.00.

Rivian Automotive Stock Performance

Shares of Rivian Automotive stock opened at $16.54 on Tuesday. The business has a 50-day simple moving average of $16.35 and a 200-day simple moving average of $15.74. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.89 and a current ratio of 2.33. Rivian Automotive has a one year low of $10.36 and a one year high of $22.69. The company has a market cap of $20.53 billion, a PE ratio of -5.39 and a beta of 1.75.

Rivian Automotive (NASDAQ:RIVN) last issued its earnings results on Thursday, February 12th. The electric vehicle automaker reported ($0.66) earnings per share for the quarter, beating the consensus estimate of ($0.68) by $0.02. Rivian Automotive had a negative net margin of 67.68% and a negative return on equity of 65.05%. The firm had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter last year, the company earned ($0.70) earnings per share. The firm’s revenue was down 25.8% compared to the same quarter last year. On average, equities research analysts forecast that Rivian Automotive will post -3.2 EPS for the current fiscal year.

Insider Activity

In related news, Director Peter Krawiec sold 3,655 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $19.45, for a total value of $71,089.75. Following the transaction, the director directly owned 29,122 shares of the company’s stock, valued at $566,422.90. This trade represents a 11.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Robert J. Scaringe sold 34,900 shares of Rivian Automotive stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $16.80, for a total transaction of $586,320.00. Following the sale, the chief executive officer owned 1,044,731 shares in the company, valued at $17,551,480.80. This represents a 3.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 135,488 shares of company stock worth $2,369,819. Corporate insiders own 2.16% of the company’s stock.

Institutional Trading of Rivian Automotive

A number of institutional investors have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC boosted its position in Rivian Automotive by 41.6% during the fourth quarter. Corient Private Wealth LLC now owns 94,501 shares of the electric vehicle automaker’s stock worth $1,863,000 after purchasing an additional 27,785 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in Rivian Automotive by 2,212.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 62,168 shares of the electric vehicle automaker’s stock worth $1,225,000 after acquiring an additional 59,480 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its position in shares of Rivian Automotive by 8,210.2% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 10,554 shares of the electric vehicle automaker’s stock valued at $208,000 after purchasing an additional 10,427 shares during the period. Alpine Global Management LLC grew its holdings in Rivian Automotive by 0.7% in the 4th quarter. Alpine Global Management LLC now owns 2,628,299 shares of the electric vehicle automaker’s stock valued at $51,804,000 after buying an additional 17,564 shares during the period. Finally, Virtu Financial LLC acquired a new position in Rivian Automotive during the fourth quarter worth approximately $635,000. Hedge funds and other institutional investors own 66.25% of the company’s stock.

Key Rivian Automotive News

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

• Positive Sentiment: TD Cowen upgraded RIVN from Hold to Buy and lifted its price target to $20, citing the R2 platform as a major growth catalyst and noting per‑vehicle cost improvements that improve near‑term margin prospects. Rivian stock jumps 5% as TD Cowen upgrades to buy ahead of R2 launch
• Positive Sentiment: R2 deliveries are expected to begin in April; the compact, more affordable SUV is positioned to expand Rivian’s addressable market and sales volume if launch execution and demand hold up. Rivian’s Future Rides on April’s R2 Launch
• Positive Sentiment: Some analysts and deep-dive pieces highlight Rivian’s autonomy and in‑house chip work (RAP1, LDM, Autonomy+) as potential long‑term margin and licensing upside beyond vehicle sales. Rivian: R2 Launch And Technology Advances Create A Long-Term Opportunity
• Neutral Sentiment: Technicals and flows are supporting the move: the upgrade and optimism pushed shares above key moving averages, producing higher volume and short‑term momentum that can amplify price moves independent of fundamentals. TD Cowen says buy Rivian stock ahead of R2 launch
• Neutral Sentiment: Positive retail and influencer commentary (e.g., calls to “buy an EV” amid high gas prices) is adding noisier demand signals but is less reliable as a sustained catalyst than delivery and margin data. California Gas Prices Surge, Ross Gerber Says It’s ‘Time To Buy an EV’
• Negative Sentiment: Execution risk: the R2 launch must scale without major quality or supply issues. Rivian’s recent results show falling revenue year‑over‑year and still sizable losses, so a misstep on R2 timing or cost could reverse optimism. Rivian R2 SUV Tests Mass Market Ambitions And Path To Profitability

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.