Rivian Automotive, Inc. (NASDAQ:RIVN) Receives $18.67 Average PT from Brokerages

Rivian Automotive, Inc. (NASDAQ:RIVN) has earned a consensus rating of “Hold” from the twenty-seven analysts that are currently covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $18.8095.

Several equities analysts have issued reports on RIVN shares. Weiss Ratings upgraded shares of Rivian Automotive from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, July 6th. Benchmark reiterated a “buy” rating and set a $25.00 price target on shares of Rivian Automotive in a report on Friday, May 1st. Cantor Fitzgerald reissued a “neutral” rating on shares of Rivian Automotive in a research note on Monday, June 15th. UBS Group boosted their price objective on shares of Rivian Automotive from $16.00 to $17.00 and gave the stock a “neutral” rating in a research note on Thursday. Finally, DA Davidson increased their price objective on Rivian Automotive from $14.00 to $15.00 and gave the company a “neutral” rating in a report on Monday, May 11th.

Rivian Automotive Stock Performance

Shares of RIVN stock opened at $17.48 on Wednesday. The firm has a market capitalization of $21.69 billion, a price-to-earnings ratio of -5.99 and a beta of 1.60. The company has a current ratio of 2.10, a quick ratio of 1.64 and a debt-to-equity ratio of 1.00. The business’s 50-day moving average price is $15.78 and its 200-day moving average price is $16.20. Rivian Automotive has a 12 month low of $11.57 and a 12 month high of $22.69.

Rivian Automotive (NASDAQ:RIVN) last issued its quarterly earnings data on Thursday, April 30th. The electric vehicle automaker reported ($0.55) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.05. Rivian Automotive had a negative net margin of 63.62% and a negative return on equity of 75.65%. The business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.37 billion. During the same quarter last year, the business earned ($0.48) EPS. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. Equities research analysts forecast that Rivian Automotive will post -3.07 EPS for the current year.

More Rivian Automotive News

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

• Positive Sentiment: California’s new tax incentive could increase demand for Rivian’s lower-priced R2, potentially supporting future sales growth. Rivian Is Getting a Boost From California. Could Other States Follow Suit?
• Positive Sentiment: Analysts remain broadly constructive on Rivian’s long-term story, with price-target increases tied to R2 optimism and improving delivery expectations. Rivian Shares Jump as Stifel Raises Price Target on R2 Optimism
• Neutral Sentiment: UBS lifted its price target on Rivian to $17 while keeping a neutral stance, suggesting limited near-term conviction but some valuation support.
• Neutral Sentiment: Rivian’s recent delivery update and higher full-year forecast support the growth narrative, but investors are still waiting for clearer evidence of scaling progress.
• Negative Sentiment: The 75 million-share offering is the biggest overhang because it dilutes existing shareholders and highlights Rivian’s continued need for capital. Rivian’s 75 Million-Share Offering Turns the R2 Growth Story Into a Dilution Test
• Negative Sentiment: Commentary from Jim Cramer and other coverage frames the financing move as another reminder that capital raises remain a risk for the EV sector and for Rivian specifically. Jim Cramer Shows Dislike for the Discounted Capital Raise From Rivian

Insider Buying and Selling at Rivian Automotive

In other Rivian Automotive news, CEO Robert J. Scaringe sold 34,818 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $15.00, for a total value of $522,270.00. Following the sale, the chief executive officer owned 922,286 shares in the company, valued at approximately $13,834,290. The trade was a 3.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Boone sold 20,000 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $20.00, for a total value of $400,000.00. Following the completion of the sale, the director directly owned 110,000 shares of the company’s stock, valued at approximately $2,200,000. The trade was a 15.38% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 100,076 shares of company stock worth $1,656,286. Insiders own 1.48% of the company’s stock.

Institutional Trading of Rivian Automotive

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of Rivian Automotive by 28.0% in the 4th quarter. Brighton Jones LLC now owns 17,685 shares of the electric vehicle automaker’s stock worth $235,000 after purchasing an additional 3,864 shares during the period. AQR Capital Management LLC increased its position in shares of Rivian Automotive by 1.5% during the first quarter. AQR Capital Management LLC now owns 386,384 shares of the electric vehicle automaker’s stock worth $4,733,000 after buying an additional 5,590 shares during the period. Empowered Funds LLC increased its position in shares of Rivian Automotive by 10.1% during the first quarter. Empowered Funds LLC now owns 54,560 shares of the electric vehicle automaker’s stock worth $679,000 after buying an additional 4,998 shares during the period. Focus Partners Wealth increased its position in shares of Rivian Automotive by 29.0% during the first quarter. Focus Partners Wealth now owns 64,534 shares of the electric vehicle automaker’s stock worth $803,000 after buying an additional 14,497 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in Rivian Automotive by 57.1% during the first quarter. Geneos Wealth Management Inc. now owns 5,107 shares of the electric vehicle automaker’s stock worth $64,000 after buying an additional 1,856 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.