7 Analysts Have This To Say About Rivian Automotive

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Ratings for Rivian Automotive RIVN were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 1 6 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 1 0 0
2M Ago 0 1 3 0 0
3M Ago 0 0 1 0 0

Insights from analysts' 12-month price targets are revealed, presenting an average target of $13.71, a high estimate of $16.00, and a low estimate of $12.00. Witnessing a positive shift, the current average has risen by 6.61% from the previous average price target of $12.86.

price target chart

Decoding Analyst Ratings: A Detailed Look

In examining recent analyst actions, we gain insights into how financial experts perceive Rivian Automotive. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Vijay Rakesh Mizuho Raises Neutral $13.00 $11.00
Dan Levy Barclays Raises Equal-Weight $14.00 $13.00
Joseph Spak UBS Raises Neutral $14.00 $11.00
Jordan Levy Truist Securities Raises Hold $14.00 $12.00
Andres Sheppard Cantor Fitzgerald Maintains Overweight $13.00 $13.00
Jordan Levy Truist Securities Maintains Hold $12.00 $12.00
George Gianarikas Baird Lowers Neutral $16.00 $18.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Rivian Automotive. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Rivian Automotive compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Rivian Automotive's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Capture valuable insights into Rivian Automotive's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Rivian Automotive analyst ratings.

Discovering Rivian Automotive: A Closer Look

Rivian Automotive Inc designs, develops, and manufactures category-defining electric vehicles and accessories. In the consumer market, the company launched the R1 platform with the first generation of consumer vehicles: the R1T, a two-row, five-passenger pickup truck, and the R1S, a three-row, seven-passenger sport utility vehicle (SUV).

Financial Insights: Rivian Automotive

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Rivian Automotive's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -34.63%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.

Net Margin: Rivian Automotive's net margin excels beyond industry benchmarks, reaching -125.86%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Rivian Automotive's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -17.3%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Rivian Automotive's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -7.43%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Rivian Automotive's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.06.

What Are Analyst Ratings?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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