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Rivian Automotive Inc has a consensus price target of $16.17 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 Goldman Sachs, Stifel, and Mizuho on November 14, 2024, November 11, 2024, and November 8, 2024, respectively. With an average price target of $13 between Goldman Sachs, Stifel, and Mizuho, there's an implied 29.68% 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 Goldman Sachs on November 14, 2024. The analyst firm set a price target for $12.00 expecting RIVN to rise to within 12 months (a possible 19.70% upside). 99 analyst firms have reported ratings in the last year.
The latest analyst rating for Rivian Automotive (NASDAQ:RIVN) was provided by Goldman Sachs, and Rivian Automotive maintained 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 September 25, 2024 when Morgan Stanley changed their price target from $16 to $13 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 November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Rivian Automotive (RIVN) rating was a maintained with a price target of $10.00 to $12.00. The current price Rivian Automotive (RIVN) is trading at is $10.03, which is within the analyst’s predicted range.
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