Rivian Automotive (NASDAQ:RIVN) Price Target Raised to $21.00 at TD Cowen

Rivian Automotive (NASDAQ:RIVN) had its target price boosted by investment analysts at TD Cowen from $20.00 to $21.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the electric vehicle automaker’s stock. TD Cowen’s target price suggests a potential upside of 37.48% from the company’s current price.

RIVN has been the subject of a number of other reports. BNP Paribas Exane upped their price objective on shares of Rivian Automotive from $22.00 to $24.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. Morgan Stanley boosted their price target on Rivian Automotive from $12.00 to $13.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 14th. Cantor Fitzgerald reiterated a “neutral” rating and set a $19.00 price target on shares of Rivian Automotive in a research note on Tuesday. Piper Sandler upgraded Rivian Automotive from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $18.00 to $20.00 in a research note on Monday. Finally, Canaccord Genuity Group reissued a “buy” rating and set a $22.00 price objective on shares of Rivian Automotive in a report on Monday, April 6th. Thirteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $19.05.

Rivian Automotive Stock Down 9.2%

NASDAQ RIVN traded down $1.55 during trading on Friday, reaching $15.28. The company’s stock had a trading volume of 25,730,079 shares, compared to its average volume of 31,504,285. The company has a current ratio of 2.10, a quick ratio of 1.64 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $20.79 billion, a PE ratio of -5.22 and a beta of 1.60. Rivian Automotive has a 1-year low of $11.57 and a 1-year high of $22.69. The business has a 50-day moving average price of $16.56 and a 200-day moving average price of $15.89.

Rivian Automotive (NASDAQ:RIVN) last announced its quarterly earnings results on Thursday, April 30th. The electric vehicle automaker reported ($0.55) EPS for the quarter, topping the consensus estimate of ($0.60) by $0.05. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.37 billion. Rivian Automotive had a negative net margin of 63.62% and a negative return on equity of 75.65%. Rivian Automotive’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.48) EPS. On average, research analysts forecast that Rivian Automotive will post -3.06 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Robert J. Scaringe sold 34,818 shares of Rivian Automotive stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $15.00, for a total value of $522,270.00. Following the transaction, the chief executive officer directly owned 922,286 shares in the company, valued at approximately $13,834,290. The trade was a 3.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Boone sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $20.00, for a total value of $400,000.00. Following the completion of the sale, the director directly owned 110,000 shares in the company, valued at $2,200,000. This trade represents a 15.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 68,385 shares of company stock valued at $1,125,094 in the last quarter. Insiders own 1.48% of the company’s stock.

Institutional Trading of Rivian Automotive

Several institutional investors have recently modified their holdings of RIVN. Newbridge Financial Services Group Inc. increased its position in shares of Rivian Automotive by 113.6% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,880 shares of the electric vehicle automaker’s stock valued at $26,000 after purchasing an additional 1,000 shares during the period. Core Wealth Advisors LLC acquired a new stake in Rivian Automotive during the fourth quarter worth $27,000. SOA Wealth Advisors LLC. boosted its stake in Rivian Automotive by 894.2% during the fourth quarter. SOA Wealth Advisors LLC. now owns 1,551 shares of the electric vehicle automaker’s stock worth $31,000 after buying an additional 1,395 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Rivian Automotive in the 3rd quarter valued at $31,000. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Rivian Automotive in the 4th quarter valued at $33,000. Institutional investors and hedge funds own 66.25% of the company’s stock.

Key Rivian Automotive News

Here are the key news stories impacting Rivian Automotive this week:

• Positive Sentiment: Rivian exceeded Q2 expectations. Revenue rose 27% year over year to $1.66 billion, above the approximately $1.52 billion analyst estimate, while its adjusted loss of $0.47 per share was narrower than the expected $0.65 loss. The result also improved from a $0.97 loss a year earlier. Rivian beats quarterly revenue estimates as R2 launch, software business gain traction
• Positive Sentiment: The R2 ramp is providing a potential growth catalyst. Rivian began external R2 deliveries in June, said customer demand and Launch Edition conversion rates are exceeding internal expectations, and expects production to scale through year-end. Management also improved its full-year outlook, including delivery expectations and a narrower projected loss. Rivian reports strong Q2 results, lifts guidance as R2 ramps up
• Positive Sentiment: Higher-margin software revenue is adding support. Software revenue reportedly increased 37%, helped by Rivian’s Volkswagen partnership, strengthening the company’s strategy to supplement vehicle sales with technology and services. Rivian Q2 2026 earnings call transcript
• Neutral Sentiment: Analyst views remain mixed. Needham reaffirmed a Buy rating with a $23 target, while Wells Fargo raised its target to $16 but maintained an Equal Weight rating, implying limited near-term upside at the referenced price. Rivian analyst rating updates
• Negative Sentiment: Profitability remains the central concern. Rivian continues to post substantial losses, and management’s discussion of Chinese competitors’ lower capital costs highlighted the company’s structural cost disadvantage. A broad selloff in electric-vehicle stocks amplified the negative reaction. Rivian sinks despite Q2 beat and raised guidance

Rivian Automotive Company Profile

Rivian Automotive, Inc is an American automotive technology company specializing in the design, development and manufacture of electric vehicles. The company is best known for its all-electric R1 platform, which underpins the R1T pickup truck and R1S sport utility vehicle. In addition to consumer products, Rivian has secured a significant commercial contract to produce electric delivery vans for a leading e-commerce provider, underscoring its capability to serve both retail and fleet customers.

Founded in 2009 by engineer and entrepreneur Robert “RJ” Scaringe, Rivian has grown from a research-focused startup into a publicly traded corporation.