Rivian Automotive (NASDAQ:RIVN) Stock Price Down 2.3% – Here’s Why

Rivian Automotive, Inc. (NASDAQ:RIVN) fell 2.3% on Friday . The stock traded as low as $16.58 and last traded at $16.67. 26,769,001 shares were traded during trading, a decline of 23% from the average session volume of 34,795,352 shares. The stock had previously closed at $17.06.

More Rivian Automotive News

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

• Positive Sentiment: Forbes asks whether the recent pullback is a buying opportunity after a roughly 24% drop since mid‑December, highlighting upside if investors view the selloff as overdone and focus on long‑term growth potential. Is It Time To Buy The Dip In Rivian Automotive Stock?
• Positive Sentiment: Zacks notes RIVN is up ~31% over three months, a momentum point bulls can cite, but the piece also flags slowing deliveries and heavy spending that temper the enthusiasm. Rivian Rises 31% in 3 Months
• Neutral Sentiment: Zacks’ market‑update note flags a recent intraday dip versus broader market gains; useful for short‑term traders but not adding new catalyst information. Rivian Automotive (RIVN) Stock Dips While Market Gains
• Negative Sentiment: UBS issued a sell/downgrade, warning that near‑term autonomous vehicle catalysts are missing — a key negative since autonomy is a material part of investor upside expectations. Rivian Automotive (NASDAQ:RIVN) Earns Sell Rating from UBS Group
• Negative Sentiment: MSN coverage reports UBS’s downgrade and emphasizes the absence of near‑term AV catalysts; that coverage broadened reach of the negative analyst call. UBS downgrades Rivian Automotive (RIVN)
• Negative Sentiment: Wolfe Research downgraded Rivian, citing elevated cash burn and delays to AI/autonomy catalysts — another analyst cut that increases pressure on the stock and investor sentiment. Wolfe downgrades Rivian (RIVN)
• Negative Sentiment: Headline coverage (Yahoo/MSN) explains the selloff in plain terms — downgrades, cash‑burn worries and missed/ delayed catalysts — which can amplify short‑term selling. Why Rivian Shares Are Crashing Today
• Negative Sentiment: Additional market notes report shares trading lower after the analyst actions; reinforcement from multiple outlets magnifies the near‑term negative tone. Rivian Automotive (NASDAQ:RIVN) Trading Down 1.6% After Analyst Downgrade

Wall Street Analysts Forecast Growth

Several research analysts have commented on RIVN shares. Canaccord Genuity Group reaffirmed a “buy” rating on shares of Rivian Automotive in a research report on Monday, December 15th. Tigress Financial boosted their target price on shares of Rivian Automotive from $21.00 to $25.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Evercore ISI reissued an “outperform” rating on shares of Rivian Automotive in a report on Monday, December 15th. Cfra Research upgraded shares of Rivian Automotive to a “moderate sell” rating in a research report on Thursday, October 2nd. Finally, Stifel Nicolaus upped their price objective on shares of Rivian Automotive from $16.00 to $17.00 and gave the company a “buy” rating in a research report on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have assigned a Hold rating and eight have given a Sell rating to the stock. According to MarketBeat, Rivian Automotive has an average rating of “Hold” and an average price target of $16.13.

Rivian Automotive Trading Down 2.3%

The company has a debt-to-equity ratio of 0.87, a current ratio of 2.71 and a quick ratio of 2.23. The business’s 50 day simple moving average is $18.03 and its 200 day simple moving average is $15.01. The stock has a market cap of $20.44 billion, a P/E ratio of -5.36 and a beta of 1.77.

Rivian Automotive (NASDAQ:RIVN) last issued its earnings results on Tuesday, November 4th. The electric vehicle automaker reported ($0.65) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.71) by $0.06. The business had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Rivian Automotive had a negative return on equity of 57.33% and a negative net margin of 61.34%.Rivian Automotive’s quarterly revenue was up 78.3% compared to the same quarter last year. During the same period in the prior year, the firm posted ($1.08) EPS. On average, analysts expect that Rivian Automotive, Inc. will post -3.2 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Peter Krawiec sold 3,655 shares of Rivian Automotive stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $19.45, for a total transaction of $71,089.75. Following the completion of 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Robert J. Scaringe sold 17,450 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $19.55, for a total transaction of $341,147.50. Following the completion of the transaction, the chief executive officer owned 1,132,659 shares in the company, valued at approximately $22,143,483.45. This trade represents a 1.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 155,054 shares of company stock worth $2,733,010. Corporate insiders own 2.16% of the company’s stock.

Institutional Trading of Rivian Automotive

Several hedge funds have recently modified their holdings of the company. Norges Bank acquired a new position in shares of Rivian Automotive in the 2nd quarter worth approximately $105,629,000. Vanguard Group Inc. raised its position in Rivian Automotive by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 81,673,512 shares of the electric vehicle automaker’s stock valued at $1,198,967,000 after purchasing an additional 2,597,310 shares during the last quarter. Capital International Investors raised its position in Rivian Automotive by 13.4% in the 3rd quarter. Capital International Investors now owns 18,351,127 shares of the electric vehicle automaker’s stock valued at $269,395,000 after purchasing an additional 2,161,394 shares during the last quarter. AQR Capital Management LLC boosted its stake in Rivian Automotive by 496.6% in the second quarter. AQR Capital Management LLC now owns 2,305,236 shares of the electric vehicle automaker’s stock worth $31,490,000 after purchasing an additional 1,918,852 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC grew its holdings in shares of Rivian Automotive by 1,353.6% during the second quarter. Worldquant Millennium Advisors LLC now owns 2,058,284 shares of the electric vehicle automaker’s stock worth $28,281,000 after purchasing an additional 1,916,686 shares during the last quarter. Institutional investors and hedge funds own 66.25% of the company’s stock.

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.