Rivian Automotive (NASDAQ:RIVN) Trading 10.7% Higher Following Analyst Upgrade

Rivian Automotive, Inc. (NASDAQ:RIVN)’s share price was up 10.7% during trading on Friday after Wedbush raised their price target on the stock from $16.00 to $25.00. Wedbush currently has an outperform rating on the stock. Rivian Automotive traded as high as $22.64 and last traded at $22.45. Approximately 104,561,472 shares traded hands during trading, an increase of 166% from the average daily volume of 39,318,020 shares. The stock had previously closed at $20.28.

RIVN has been the subject of a number of other reports. Stifel Nicolaus increased their price target on Rivian Automotive from $16.00 to $17.00 and gave the company a “buy” rating in a research report on Monday, November 17th. DA Davidson raised their target price on Rivian Automotive from $13.00 to $15.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Mizuho reiterated an “underperform” rating and set a $10.00 target price (down from $14.00) on shares of Rivian Automotive in a research note on Monday, October 20th. JPMorgan Chase & Co. increased their price target on shares of Rivian Automotive from $9.00 to $10.00 and gave the company an “underweight” rating in a research report on Monday, October 20th. Finally, Morgan Stanley restated an “underweight” rating and set a $12.00 price objective on shares of Rivian Automotive in a report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, thirteen have assigned a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $15.73.

Insider Buying and Selling

In related news, CFO Claire Mcdonough sold 8,039 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $18.00, for a total value of $144,702.00. Following the sale, the chief financial officer directly owned 730,017 shares in the company, valued at approximately $13,140,306. The trade was a 1.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Peter Krawiec sold 3,655 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $19.45, for a total transaction of $71,089.75. Following the transaction, the director owned 29,122 shares of the company’s stock, valued at $566,422.90. This represents a 11.15% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 120,154 shares of company stock valued at $2,017,909. 2.16% of the stock is owned by insiders.

Trending Headlines about Rivian Automotive

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

• Positive Sentiment: Baird upgraded Rivian to Outperform / Strong‑Buy and raised its price target, citing the R2 SUV and autonomy roadmap as catalysts. Baird upgrades Rivian Automotive (RIVN)
• Positive Sentiment: Wedbush raised its 12‑month target to $25 (from $16) ahead of the R2 launch, boosting investor expectations for upside from new models and higher‑margin software/services. Rivian Stock Jumps Again — Wedbush Raises Target to $25 Ahead of R2 Launch
• Positive Sentiment: Multiple firms (Needham, Canaccord, Goldman among others) have reiterated or moved to more bullish stances after Rivian’s recent Autonomy & AI Day, reinforcing the narrative that the company’s software/AI roadmap is a material growth vector. Canaccord Maintains Buy on Rivian (RIVN) After Autonomy & AI Day
• Positive Sentiment: Rivian began rolling out its “Universal Hands‑Free” driving feature and continues to highlight autonomy/AI progress — tangible product developments that support higher long‑term software and services revenue expectations. Rivian rolls out new ‘Universal Hands-Free’ driving feature
• Positive Sentiment: Unusual options activity — a large purchase of call contracts — signals speculative/institutional interest betting on further upside near term. Rivian Stock Rides Momentum: What’s Going On With Shares Thursday?
• Neutral Sentiment: Analysts and commentary note Europe as a potential growth market (R2/R3, export dynamics), but launch timing and execution remain uncertain — positive opportunity but not immediate revenue. Is Europe Becoming Rivian’s Next Big Growth Opportunity?
• Negative Sentiment: Board change — former Patagonia CEO Rose Marcario resigned from Rivian’s board (SEC filing), a governance development that could concern some investors about board continuity. Former Patagonia CEO Rose Marcario resigns from Rivian’s board
• Negative Sentiment: An insider director (Peter Krawiec) sold ~3,655 shares recently; while the sale size is modest, insider selling is often viewed cautiously during strong rallies. Peter Krawiec Sells 3,655 Shares of Rivian Automotive (NASDAQ:RIVN) Stock

Institutional Investors Weigh In On Rivian Automotive

Hedge funds and other institutional investors have recently bought and sold shares of the business. Assetmark Inc. boosted its holdings in shares of Rivian Automotive by 315.6% in the second quarter. Assetmark Inc. now owns 1,787 shares of the electric vehicle automaker’s stock worth $25,000 after acquiring an additional 1,357 shares during the period. Newbridge Financial Services Group Inc. boosted its stake in Rivian Automotive by 113.6% in the 2nd 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 during the period. Mather Group LLC. purchased a new position in Rivian Automotive during the 3rd quarter valued at about $30,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Rivian Automotive during the third quarter valued at about $31,000. Finally, Hemington Wealth Management increased its position in shares of Rivian Automotive by 291.0% during the third quarter. Hemington Wealth Management now owns 2,123 shares of the electric vehicle automaker’s stock valued at $31,000 after buying an additional 1,580 shares during the period. Institutional investors own 66.25% of the company’s stock.

Rivian Automotive Stock Performance

The business’s fifty day moving average price is $15.59 and its 200-day moving average price is $14.23. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.71 and a quick ratio of 2.23. The stock has a market capitalization of $27.52 billion, a PE ratio of -7.22 and a beta of 1.79.

Rivian Automotive (NASDAQ:RIVN) last posted its earnings results on Tuesday, November 4th. The electric vehicle automaker reported ($0.65) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.71) by $0.06. The business had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Rivian Automotive had a negative net margin of 61.34% and a negative return on equity of 57.33%. The business’s revenue for the quarter was up 78.3% compared to the same quarter last year. During the same period in the prior year, the company posted ($1.08) EPS. As a group, equities research analysts expect that Rivian Automotive, Inc. will post -3.2 EPS for the current year.

About Rivian Automotive

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.