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Rivian Automotive Inc has a consensus price target of $16.09 based on the ratings of 25 analysts. The high is $28 issued by Canaccord Genuity on October 7, 2024. The low is $11 issued by Mizuho on November 8, 2024. The 3 most-recent analyst ratings were released by Baird, Goldman Sachs, and Stifel on December 18, 2024, November 14, 2024, and November 11, 2024, respectively. With an average price target of $14.67 between Baird, Goldman Sachs, and Stifel, there's an implied 5.97% upside for Rivian Automotive Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Rivian Automotive (NASDAQ:RIVN) was reported by Baird on December 18, 2024. The analyst firm set a price target for $16.00 expecting RIVN to rise to within 12 months (a possible 15.61% upside). 98 analyst firms have reported ratings in the last year.
The latest analyst rating for Rivian Automotive (NASDAQ:RIVN) was provided by Baird, and Rivian Automotive downgraded their neutral rating.
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.
The last downgrade for Rivian Automotive Inc happened on December 18, 2024 when Baird changed their price target from $18 to $16 for Rivian Automotive Inc.
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 December 18, 2024 so you should expect the next rating to be made available sometime around December 18, 2025.
While ratings are subjective and will change, the latest Rivian Automotive (RIVN) rating was a downgraded with a price target of $18.00 to $16.00. The current price Rivian Automotive (RIVN) is trading at is $13.84, which is out of the analyst’s predicted range.
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