Based on ratings from 0 stock analysts, the Rivian Automotive, Inc. Class A Common Stock stock price is expected to increase by 53.92% in 12 months. This is calculated by using the average 12-month stock price forecast for Rivian Automotive, Inc. Class A Common Stock. The lowest target is $11 and the highest is $28. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedRIVN 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Rivian Automotive, Inc. Class A Common Stock to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on RIVN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of RIVN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
George Gianarikas Baird | Outperform | $18 | Maintains | Nov 8, 2024 |
Chris Pierce Needham | Buy | $14 | Maintains | Nov 8, 2024 |
Tom Narayan RBC Capital | Sector Perform | $12 | Maintains | Nov 8, 2024 |
Daniel Ives Wedbush | Outperform | $20 | Reiterates | Nov 8, 2024 |
Alexander Potter Piper Sandler | Overweight | $19 | Maintains | Nov 8, 2024 |
Vijay Rakesh Mizuho | Neutral | $11 | Maintains | Nov 8, 2024 |
Ronald Jewsikow Guggenheim | Buy | $18 | Maintains | Nov 6, 2024 |
Vijay Rakesh Mizuho | Neutral | $12 | Maintains | Nov 4, 2024 |
Ryan Brinkman JP Morgan | Underweight | $12 | Maintains | Oct 22, 2024 |
Jordan Levy Truist Securities | Hold | $12 | Maintains | Oct 16, 2024 |
Dan Levy Barclays | Equal-Weight | $13 | Maintains | Oct 15, 2024 |
Colin Langan Wells Fargo | Equal-Weight | $11 | Maintains | Oct 15, 2024 |
Mark Delaney Goldman Sachs | Neutral | $11 | Maintains | Oct 8, 2024 |
George Gianarikas Canaccord Genuity | Buy | $28 | Maintains | Oct 7, 2024 |
Andres Sheppard Cantor Fitzgerald | Overweight | $19 | Reiterates | Sep 30, 2024 |
Adam Jonas Morgan Stanley | Equal-Weight | $13 | Downgrade | Sep 25, 2024 |
Andres Sheppard Cantor Fitzgerald | Overweight | $19 | Reiterates | Sep 23, 2024 |
Andres Sheppard Cantor Fitzgerald | Overweight | $19 | Reiterates | Sep 16, 2024 |
Edison Yu Deutsche Bank | Hold | $14 | Reinstates | Sep 10, 2024 |
Andres Sheppard Cantor Fitzgerald | Overweight | $19 | Reiterates | Sep 9, 2024 |
When did it IPO
2021
Staff Count
16,790
Country
United States
Sector/Industry
Consumer Cyclical/Auto Manufacturers
CEO
Mr. Robert Joseph Scaringe Ph.D.
Market Cap
$10.81B
In 2023, RIVN generated $4.43B in revenue, which was a increase of 167.43% from the previous year. This can be seen as a signal that RIVN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Tesla Inc. (NASDAQ: TSLA) experienced a stock surge following the election, while shares of smaller competitor Rivian Automotive Inc. are also noted.
Why It Matters - Tesla's surge indicates strong market confidence, which may impact Rivian's competitiveness and investor sentiment in the EV sector, influencing stock performance and investment decisions.
Summary - Rivian Automotive (NASDAQ:RIVN) reported Q3 revenue of $874 million, missing estimates by $16 million, with an adjusted loss per share of $0.99, worse than the $0.92 forecast.
Why It Matters - Rivian's lower Q3 revenue and bigger-than-expected loss signal ongoing supply chain challenges, potentially impacting future growth and investor confidence in the EV market.
Summary - Analysts caution that Donald Trump's election, while positively impacting markets, may pose challenges for electric vehicle manufacturer Rivian (NASDAQ: RIVN).
Why It Matters - A potential power shift could impact Rivian's growth prospects and regulatory environment, affecting investor sentiment and stock performance.
Summary - Rivian Automotive (RIVN) faces short-term caution from analysts due to supply chain issues, following a miss on Q3 revenue and EPS estimates.
Why It Matters - Caution from analysts on Rivian's short-term outlook due to supply chain issues and missed revenue targets may signal potential volatility and risks for investors considering the stock.
Summary - Wall Street displayed caution towards the EV maker following a mixed quarterly performance, considering potential impacts of a future Trump administration.
Why It Matters - Mixed results from the EV maker raise concerns about growth and profitability, while potential political changes could influence regulatory and market conditions, affecting investor sentiment.
Summary - RIVN missed Q3 expectations, but signs of improvement are noted. Investors may consider whether to buy now or wait for clearer recovery signals.
Why It Matters - RIVN's Q3 miss may signal volatility, but potential recovery hints can influence stock valuation and timing for investment decisions.