Jefferies Financial Group Increases Rivian Automotive (NASDAQ:RIVN) Price Target to $17.00

Rivian Automotive (NASDAQ:RIVN) had its price objective upped by stock analysts at Jefferies Financial Group from $16.00 to $17.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “hold” rating on the electric vehicle automaker’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 1.12% from the stock’s current price.

Other equities analysts also recently issued research reports about the company. Tigress Financial reiterated a “buy” rating and issued a $25.00 target price on shares of Rivian Automotive in a report on Friday, April 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $23.00 price objective on shares of Rivian Automotive in a research report on Wednesday, June 10th. Leerink Partners reiterated an “outperform” rating on shares of Rivian Automotive in a research note on Thursday, March 12th. Canaccord Genuity Group reissued a “buy” rating and set a $22.00 target price on shares of Rivian Automotive in a research note on Monday, April 6th. Finally, DA Davidson upped their price target on shares of Rivian Automotive from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Twelve analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat.com, Rivian Automotive currently has an average rating of “Hold” and an average target price of $18.67.

Rivian Automotive Stock Down 16.5%

Rivian Automotive stock traded down $3.33 during mid-day trading on Tuesday, hitting $16.81. The company’s stock had a trading volume of 59,142,994 shares, compared to its average volume of 30,736,434. The firm’s 50 day moving average is $15.71 and its 200 day moving average is $16.29. The company has a market cap of $20.86 billion, a PE ratio of -5.77 and a beta of 1.60. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.10 and a quick ratio of 1.64. Rivian Automotive has a 52-week low of $11.57 and a 52-week high of $22.69.

Insider Activity at Rivian Automotive

In related news, CFO Claire Mcdonough sold 8,023 shares of Rivian Automotive stock in a transaction on Friday, May 29th. The shares were sold at an average price of $16.00, for a total value of $128,368.00. Following the transaction, the chief financial officer owned 887,007 shares in the company, valued at $14,192,112. This trade represents a 0.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert J. Scaringe sold 34,818 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $15.00, for a total transaction of $522,270.00. Following the transaction, the chief executive officer directly owned 922,286 shares of the company’s stock, valued at approximately $13,834,290. This represents a 3.64% 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. Over the last 90 days, insiders sold 80,076 shares of company stock valued at $1,256,286. Corporate insiders own 1.48% of the company’s stock.

Institutional Trading of Rivian Automotive

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RIVN. Core Wealth Advisors LLC bought a new position in shares of Rivian Automotive during the 4th quarter worth about $27,000. SOA Wealth Advisors LLC. increased its stake in Rivian Automotive by 894.2% in the fourth quarter. SOA Wealth Advisors LLC. now owns 1,551 shares of the electric vehicle automaker’s stock valued at $31,000 after acquiring an additional 1,395 shares during the period. Zions Bancorporation National Association UT bought a new stake in Rivian Automotive in the fourth quarter valued at about $33,000. Glass Jacobson Investment Advisors llc raised its position in Rivian Automotive by 96.3% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 1,737 shares of the electric vehicle automaker’s stock worth $34,000 after purchasing an additional 852 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. raised its position in Rivian Automotive by 113.6% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,880 shares of the electric vehicle automaker’s stock worth $26,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 66.25% of the company’s stock.

Trending Headlines about Rivian Automotive

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

• Positive Sentiment: Rivian said second-quarter deliveries beat expectations and lifted its 2026 delivery outlook to 65,000–70,000 vehicles, reinforcing momentum around its production ramp and new R2 platform. Article Title
• Positive Sentiment: J.P. Morgan raised its price target after the strong delivery report, reflecting improved sentiment around Rivian’s growth trajectory. Article Title
• Neutral Sentiment: Rivian also pre-announced second-quarter revenue of $1.55 billion to $1.65 billion, above Wall Street estimates, which supports the view that demand and execution are improving. Article Title
• Negative Sentiment: The main pressure on the stock came from Rivian’s announcement of an underwritten offering of 75 million shares, with a 30-day option for underwriters to buy another 11.25 million shares, raising dilution concerns. Article Title
• Negative Sentiment: Investors are worried the capital raise signals continued cash needs, and the sale is being viewed as a setback after Rivian’s recent rally on delivery strength. Article Title

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.