What 21 Analyst Ratings Have To Say About Rivian Automotive

Over the past 3 months, 21 analysts have published their opinion on Rivian Automotive RIVN stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 10 3 8 0 0
Last 30D 1 0 0 0 0
1M Ago 6 1 6 0 0
2M Ago 1 2 2 0 0
3M Ago 2 0 0 0 0

According to 21 analyst offering 12-month price targets in the last 3 months, Rivian Automotive has an average price target of $28.24 with a high of $44.00 and a low of $15.00.

Below is a summary of how these 21 analysts rated Rivian Automotive over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

This current average has increased by 27.96% from the previous average price target of $22.07.

Stay up to date on Rivian Automotive analyst ratings.

What Are Analyst Ratings?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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

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RIVNRivian Automotive Inc
$14.48-2.59%

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