Research Analysts’ Recent Ratings Updates for Rivian Automotive (RIVN)

Posted by Teresa Graham on Feb 4th, 2025

A number of firms have modified their ratings and price targets on shares of Rivian Automotive (NASDAQ: RIVN) recently:

1/29/2025 – Rivian Automotive is now covered by analysts at Sanford C. Bernstein. They set an “underperform” rating and a $6.10 price target on the stock.
1/28/2025 – Rivian Automotive was upgraded by analysts at Sanford C. Bernstein to a “strong sell” rating.
1/22/2025 – Rivian Automotive had its price target raised by analysts at Barclays PLC from $13.00 to $14.00. They now have an “equal weight” rating on the stock.
1/16/2025 – Rivian Automotive had its price target raised by analysts at UBS Group AG from $11.00 to $14.00. They now have a “neutral” rating on the stock.
1/16/2025 – Rivian Automotive had its price target raised by analysts at Truist Financial Co. from $12.00 to $14.00. They now have a “hold” rating on the stock.
1/6/2025 – Rivian Automotive had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $13.00 price target on the stock.
1/3/2025 – Rivian Automotive had its “hold” rating reaffirmed by analysts at Truist Financial Co.. They now have a $12.00 price target on the stock.
12/18/2024 – Rivian Automotive had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $16.00 price target on the stock, down previously from $18.00.
12/18/2024 – Rivian Automotive was downgraded by analysts at Baird R W from a “strong-buy” rating to a “hold” rating.
12/9/2024 – Rivian Automotive is now covered by analysts at Benchmark Co.. They set a “buy” rating and a $18.00 price target on the stock.

Rivian Automotive Stock Performance

Shares of RIVN stock traded up $0.44 during trading hours on Tuesday, hitting $12.83. The company’s stock had a trading volume of 13,944,117 shares, compared to its average volume of 36,274,402. The stock has a market cap of $13.09 billion, a PE ratio of -2.29 and a beta of 2.04. Rivian Automotive, Inc. has a 12-month low of $8.26 and a 12-month high of $18.85. The company has a 50 day moving average of $13.46 and a 200 day moving average of $12.76. The company has a current ratio of 5.09, a quick ratio of 3.70 and a debt-to-equity ratio of 0.93.

Insiders Place Their Bets

In other Rivian Automotive news, CFO Claire Mcdonough sold 3,210 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $10.03, for a total value of $32,196.30. Following the sale, the chief financial officer now directly owns 378,498 shares of the company’s stock, valued at approximately $3,796,334.94. This trade represents a 0.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert J. Scaringe sold 71,429 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $13.65, for a total value of $975,005.85. Following the transaction, the chief executive officer now owns 863,361 shares in the company, valued at $11,784,877.65. This trade represents a 7.64 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 363,142 shares of company stock valued at $4,958,860. Company insiders own 2.51% of the company’s stock.

Institutional Investors Weigh In On Rivian Automotive

A number of large investors have recently modified their holdings of the business. Charles Schwab Investment Management Inc. grew its position in shares of Rivian Automotive by 79.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,607,220 shares of the electric vehicle automaker’s stock valued at $51,693,000 after purchasing an additional 2,035,831 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of Rivian Automotive by 1,870.7% in the 3rd quarter. International Assets Investment Management LLC now owns 54,215 shares of the electric vehicle automaker’s stock worth $608,000 after acquiring an additional 51,464 shares during the last quarter. Mizuho Markets Americas LLC raised its holdings in shares of Rivian Automotive by 30.7% during the 3rd quarter. Mizuho Markets Americas LLC now owns 531,568 shares of the electric vehicle automaker’s stock worth $5,964,000 after acquiring an additional 124,950 shares during the period. Vontobel Holding Ltd. boosted its position in shares of Rivian Automotive by 543.8% during the 3rd quarter. Vontobel Holding Ltd. now owns 142,712 shares of the electric vehicle automaker’s stock valued at $1,601,000 after acquiring an additional 120,544 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of Rivian Automotive by 42.7% in the fourth quarter. SG Americas Securities LLC now owns 180,775 shares of the electric vehicle automaker’s stock valued at $2,404,000 after purchasing an additional 54,053 shares during the period. Hedge funds and other institutional investors own 66.25% of the company’s stock.

Rivian Automotive, Inc, together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.