Rivian Automotive (NASDAQ:RIVN) Stock Price Up 1.9% – What’s Next?

Rivian Automotive, Inc. (NASDAQ:RIVN) shares traded up 1.9% on Thursday . The company traded as high as $16.05 and last traded at $15.91. 14,221,349 shares were traded during mid-day trading, a decline of 53% from the average session volume of 30,157,092 shares. The stock had previously closed at $15.61.

Rivian Automotive News Roundup

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

• Positive Sentiment: Rivian’s gross profitability has improved significantly compared with some EV peers, strengthening its investment case relative to Lucid. However, investors continue to weigh that progress against the company’s ongoing cash burn. Better Stock: Lucid vs. Rivian? (Hint: Unit Economics and Gross Profits Are Key.)
• Positive Sentiment: Rivian’s leadership team will participate in upcoming Goldman Sachs and Morgan Stanley investor conferences, giving management an opportunity to discuss autonomy and artificial-intelligence technology, vehicle strategy and financial priorities with investors. Rivian to Participate at Upcoming Investor Conferences
• Neutral Sentiment: Analysts and commentators are comparing Rivian with BYD and Lucid. Rivian benefits from Amazon backing and production growth, but its valuation and funding requirements remain important considerations for investors. BYD vs. Rivian: Evaluating the Better Automotive Stock to Buy for 2026
• Neutral Sentiment: Rivian’s relative stability while Tesla and other EV names attracted attention highlights continued sector-driven trading, including positioning ahead of Tesla’s Cybercab event. Tesla Advances 6% as Traders Await Cybercab Event, Lucid Rises 3%, Rivian Ticks Up
• Negative Sentiment: CFO Claire McDonough will leave Rivian on October 30, with Derek Mulvey serving as interim CFO. Because McDonough has been a key financial leader since the company’s IPO, the unexpected transition raises concerns about execution, financial planning and Rivian’s ability to manage its funding needs. Rivian Announced That Its CFO Is Stepping Down

Analysts Set New Price Targets

A number of research firms have recently commented on RIVN. Wall Street Zen downgraded Rivian Automotive from a “hold” rating to a “sell” rating in a report on Saturday. Jefferies Financial Group lifted their target price on Rivian Automotive from $16.00 to $17.00 and gave the company a “hold” rating in a report on Tuesday, July 7th. Cantor Fitzgerald reissued a “neutral” rating and set a $19.00 price target on shares of Rivian Automotive in a research report on Tuesday, July 28th. Piper Sandler upgraded Rivian Automotive from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $18.00 to $20.00 in a research note on Monday, July 27th. Finally, Royal Bank Of Canada raised their price objective on Rivian Automotive from $14.00 to $16.00 and gave the stock a “sector perform” rating in a report on Friday, July 31st. Twelve investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $19.05.

Rivian Automotive Stock Down 1.1%

The firm’s 50-day moving average price is $16.57 and its 200-day moving average price is $15.91. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.10 and a quick ratio of 1.65. The company has a market cap of $22.79 billion, a price-to-earnings ratio of -6.10 and a beta of 1.62.

Rivian Automotive (NASDAQ:RIVN) last posted its earnings results on Thursday, July 30th. The electric vehicle automaker reported ($0.63) earnings per share for the quarter, beating the consensus estimate of ($0.66) by $0.03. Rivian Automotive had a negative net margin of 54.96% and a negative return on equity of 73.90%. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the previous year, the business posted ($0.97) EPS. The business’s quarterly revenue was up 27.2% on a year-over-year basis. Sell-side analysts forecast that Rivian Automotive, Inc. will post -2.98 earnings per share for the current fiscal year.

Insider Transactions at Rivian Automotive

In other Rivian Automotive news, Director Karen Boone sold 20,000 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $20.00, for a total transaction of $400,000.00. Following the transaction, the director owned 110,000 shares in the company, valued at $2,200,000. The trade was a 15.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Claire McDonough sold 13,144 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $14.50, for a total value of $190,588.00. Following the completion of the sale, the chief financial officer owned 827,201 shares of the company’s stock, valued at approximately $11,994,414.50. This trade represents a 1.56% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 41,167 shares of company stock worth $718,956. 1.48% of the stock is currently owned by insiders.

Institutional Trading of Rivian Automotive

A number of hedge funds have recently made changes to their positions in RIVN. Newbridge Financial Services Group Inc. grew its holdings in Rivian Automotive by 113.6% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,880 shares of the electric vehicle automaker’s stock valued at $26,000 after purchasing an additional 1,000 shares in the last quarter. Core Wealth Advisors LLC acquired a new position in Rivian Automotive in the 4th quarter worth $27,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Rivian Automotive in the 3rd quarter valued at about $31,000. Zions Bancorporation National Association UT purchased a new position in Rivian Automotive in the 4th quarter valued at about $33,000. Finally, Oslo Pensjonsforsikring AS purchased a new stake in shares of Rivian Automotive during the first quarter worth about $39,000. Hedge funds and other institutional investors own 66.25% of the company’s stock.

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.