Weekly Analysts’ Ratings Updates for Rivian Automotive (RIVN)

Rivian Automotive (NASDAQ: RIVN) recently received a number of ratings updates from brokerages and research firms:

• 2/24/2025 – Rivian Automotive was downgraded by analysts at Bank of America Co. from a “neutral” rating to an “underperform” rating. They now have a $10.00 price target on the stock, down previously from $13.00.
• 2/24/2025 – Rivian Automotive had its price target lowered by analysts at Guggenheim from $18.00 to $16.00. They now have a “buy” rating on the stock.
• 2/21/2025 – Rivian Automotive had its price target raised by analysts at Mizuho from $11.00 to $13.00. They now have a “neutral” rating on the stock.
• 2/21/2025 – Rivian Automotive was downgraded by analysts at Cantor Fitzgerald from an “overweight” rating to a “neutral” rating. They now have a $15.00 price target on the stock, up previously from $13.00.
• 2/21/2025 – Rivian Automotive had its price target raised by analysts at Wells Fargo & Company from $11.00 to $14.00. They now have an “equal weight” rating on the stock.
• 2/21/2025 – Rivian Automotive had its price target raised by analysts at Needham & Company LLC from $14.00 to $17.00. They now have a “buy” rating on the stock.
• 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.

Rivian Automotive Stock Performance

NASDAQ RIVN traded down $1.01 on Monday, hitting $11.96. 56,736,105 shares of the stock were exchanged, compared to its average volume of 35,292,012. The company has a market capitalization of $12.21 billion, a PE ratio of -2.53 and a beta of 2.04. The company has a debt-to-equity ratio of 0.93, a current ratio of 5.09 and a quick ratio of 3.70. The business’s fifty day moving average is $13.56 and its 200 day moving average is $12.50. Rivian Automotive, Inc. has a 52 week low of $8.26 and a 52 week high of $18.85.

Rivian Automotive (NASDAQ:RIVN) last released its quarterly earnings data on Thursday, February 20th. The electric vehicle automaker reported ($0.63) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.69) by $0.06. Rivian Automotive had a negative return on equity of 66.26% and a negative net margin of 95.51%. The firm had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.43 billion. Research analysts anticipate that Rivian Automotive, Inc. will post -3.2 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Robert J. Scaringe sold 71,429 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $13.65, for a total transaction of $975,005.85. Following the completion of the sale, the chief executive officer now owns 863,361 shares of the company’s stock, valued at $11,784,877.65. This represents a 7.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Claire Mcdonough sold 18,501 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $15.00, for a total transaction of $277,515.00. Following the completion of the transaction, the chief financial officer now directly owns 351,900 shares in the company, valued at approximately $5,278,500. This represents a 4.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 283,454 shares of company stock valued at $4,086,923. Insiders own 2.51% of the company’s stock.

Hedge Funds Weigh In On Rivian Automotive

A number of institutional investors have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. increased its holdings in shares of Rivian Automotive by 79.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,607,220 shares of the electric vehicle automaker’s stock worth $51,693,000 after buying an additional 2,035,831 shares in the last quarter. International Assets Investment Management LLC increased its holdings in 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 purchasing an additional 51,464 shares in the last quarter. Mizuho Markets Americas LLC raised its position in Rivian Automotive by 30.7% in the third quarter. Mizuho Markets Americas LLC now owns 531,568 shares of the electric vehicle automaker’s stock valued at $5,964,000 after purchasing an additional 124,950 shares during the last quarter. SG Americas Securities LLC raised its position in 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 last quarter. Finally, Alberta Investment Management Corp acquired a new stake in shares of Rivian Automotive during the fourth quarter valued at about $6,648,000. 66.25% of the stock is currently owned by institutional investors and hedge funds.

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.