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Rivian Automotive

RIVNNASDAQ
Logo brought to you by Benzinga Data
$13.96
1.158.98%
At Close: -
$14.11
0.151.07%
After Hours: Aug 23, 7:59 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$36.00
Lowest Price Target1
$13.00
Consensus Price Target1
$19.38

Rivian Automotive (NASDAQ:RIVN) Stock, Analyst Ratings, Price Targets, Forecasts

Rivian Automotive Inc has a consensus price target of $19.38 based on the ratings of 25 analysts. The high is $36 issued by Tigress Financial on July 27, 2023. The low is $13 issued by DA Davidson on June 28, 2024. The 3 most-recent analyst ratings were released by Cantor Fitzgerald, RBC Capital, and Cantor Fitzgerald on August 19, 2024, August 16, 2024, and August 7, 2024, respectively. With an average price target of $17.67 between Cantor Fitzgerald, RBC Capital, and Cantor Fitzgerald, there's an implied 25.21% upside for Rivian Automotive Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
2
Apr
1
2
May
5
2
1
Jun
5
5
Jul
4
2
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Cantor Fitzgerald
RBC Capital
UBS
Wedbush
Wells Fargo

1calculated from analyst ratings

Analyst Ratings for Rivian Automotive

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Rivian Automotive (RIVN) stock?

A

The latest price target for Rivian Automotive (NASDAQ:RIVN) was reported by Cantor Fitzgerald on August 19, 2024. The analyst firm set a price target for $19.00 expecting RIVN to rise to within 12 months (a possible 34.66% upside). 83 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Rivian Automotive (RIVN)?

A

The latest analyst rating for Rivian Automotive (NASDAQ:RIVN) was provided by Cantor Fitzgerald, and Rivian Automotive reiterated their overweight rating.

Q

When was the last upgrade for Rivian Automotive (RIVN)?

A

The last upgrade for Rivian Automotive Inc happened on April 16, 2024 when UBS raised their price target to $9. UBS previously had a sell for Rivian Automotive Inc.

Q

When was the last downgrade for Rivian Automotive (RIVN)?

A

The last downgrade for Rivian Automotive Inc happened on March 25, 2024 when Mizuho changed their price target from N/A to $12 for Rivian Automotive Inc.

Q

When is the next analyst rating going to be posted or updated for Rivian Automotive (RIVN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rivian Automotive, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rivian Automotive was filed on August 19, 2024 so you should expect the next rating to be made available sometime around August 19, 2025.

Q

Is the Analyst Rating Rivian Automotive (RIVN) correct?

A

While ratings are subjective and will change, the latest Rivian Automotive (RIVN) rating was a reiterated with a price target of $19.00 to $19.00. The current price Rivian Automotive (RIVN) is trading at is $14.11, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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