Ratings for Rivian Automotive RIVN were provided by 34 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 7 | 9 | 15 | 1 | 2 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 2 | 5 | 0 | 0 |
| 2M Ago | 5 | 6 | 7 | 1 | 2 |
| 3M Ago | 1 | 1 | 2 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $16.15, along with a high estimate of $25.00 and a low estimate of $8.00. A 21.07% drop is evident in the current average compared to the previous average price target of $20.46.
Deciphering Analyst Ratings: An In-Depth Analysis
A comprehensive examination of how financial experts perceive Rivian Automotive is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Dan Levy | Barclays | Lowers | Equal-Weight | $10.00 | $12.00 |
| Chris Pierce | Needham | Lowers | Buy | $13.00 | $18.00 |
| Joseph Spak | UBS | Maintains | Neutral | $9.00 | $9.00 |
| Jordan Levy | Truist Securities | Maintains | Hold | $11.00 | $11.00 |
| Adam Jonas | Morgan Stanley | Lowers | Overweight | $13.00 | $14.00 |
| Andres Sheppard | Cantor Fitzgerald | Maintains | Overweight | $23.00 | - |
| Jordan Levy | Truist Securities | Maintains | Hold | $11.00 | $11.00 |
| Emmanuel Rosner | Deutsche Bank | Maintains | Hold | $15.00 | - |
| Vijay Rakesh | Mizuho | Announces | Neutral | $12.00 | - |
| Alexander Potter | Piper Sandler | Raises | Overweight | $21.00 | $15.00 |
| Alexander Potter | Piper Sandler | Raises | Overweight | $21.00 | $15.00 |
| Tom Narayan | RBC Capital | Maintains | Sector Perform | $15.00 | - |
| Joseph Spak | UBS | Raises | Sell | $9.00 | $8.00 |
| Daniel Ives | Wedbush | Maintains | Outperform | $20.00 | - |
| Tom Narayan | RBC Capital | Maintains | Sector Perform | $15.00 | $15.00 |
| Philippe Houchois | Jefferies | Announces | Buy | $16.00 | - |
| Adam Jonas | Morgan Stanley | Lowers | Overweight | $14.00 | $24.00 |
| Stephen Gengaro | Stifel | Lowers | Buy | $18.00 | $23.00 |
| Jordan Levy | Truist Securities | Lowers | Hold | $11.00 | $26.00 |
| Dan Levy | Barclays | Lowers | Equal-Weight | $12.00 | $16.00 |
| Joseph Spak | UBS | Lowers | Sell | $8.00 | $24.00 |
| Chris McNally | Evercore ISI Group | Lowers | Outperform | $25.00 | $35.00 |
| Alexander Potter | Piper Sandler | Lowers | Neutral | $15.00 | $21.00 |
| Ryan Brinkman | JP Morgan | Lowers | Underweight | $11.00 | $20.00 |
| Michael Shlisky | DA Davidson | Lowers | Neutral | $17.00 | $19.00 |
| George Gianarikas | Baird | Lowers | Outperform | $23.00 | $30.00 |
| John Murphy | B of A Securities | Lowers | Buy | $25.00 | $40.00 |
| Vijay Rakesh | Mizuho | Lowers | Buy | $24.00 | $30.00 |
| Colin Langan | Wells Fargo | Lowers | Equal-Weight | $14.00 | $18.00 |
| Chris Pierce | Needham | Lowers | Buy | $18.00 | $22.00 |
| Dan Levy | Barclays | Lowers | Equal-Weight | $16.00 | $25.00 |
| Mark Delaney | Goldman Sachs | Lowers | Neutral | $17.00 | $20.00 |
| Chris Pierce | Needham | Lowers | Buy | $22.00 | $25.00 |
| Dan Levy | Barclays | Lowers | Overweight | $25.00 | $27.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Rivian Automotive. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Rivian Automotive compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Rivian Automotive's stock. This examination reveals shifts in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Rivian Automotive's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Rivian Automotive analyst ratings.
Get to Know Rivian Automotive Better
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).
Rivian Automotive's Economic Impact: An Analysis
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Rivian Automotive's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 98.34%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -115.67%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Rivian Automotive's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -15.45%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Rivian Automotive's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -9.15%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Rivian Automotive's debt-to-equity ratio is below the industry average. With a ratio of 0.56, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analyst Ratings: Simplified
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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