Rivian Automotive, Inc. (NASDAQ:RIVN) Receives Average Rating of “Hold” from Brokerages

Rivian Automotive, Inc. (NASDAQ:RIVN) has been given an average recommendation of “Hold” by the twenty-six analysts that are currently covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and eleven have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $18.0476.

RIVN has been the subject of several recent research reports. Wedbush reissued an “outperform” rating and issued a $25.00 price target on shares of Rivian Automotive in a research note on Friday, February 13th. Piper Sandler reduced their price objective on Rivian Automotive from $20.00 to $18.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. Wall Street Zen downgraded Rivian Automotive from a “hold” rating to a “strong sell” rating in a report on Sunday, February 15th. Wolfe Research lowered Rivian Automotive from a “peer perform” rating to an “underperform” rating in a research note on Monday, January 12th. Finally, DA Davidson cut Rivian Automotive from a “neutral” rating to an “underperform” rating and dropped their target price for the company from $15.00 to $14.00 in a report on Tuesday, February 17th.

Insider Activity at Rivian Automotive

In other Rivian Automotive news, CFO Claire Mcdonough sold 27,133 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $16.80, for a total value of $455,834.40. Following the completion of the sale, the chief financial officer owned 680,836 shares in the company, valued at approximately $11,438,044.80. The trade was a 3.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Robert J. Scaringe sold 17,450 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $15.60, for a total value of $272,220.00. Following the sale, the chief executive officer directly owned 1,042,848 shares of the company’s stock, valued at approximately $16,268,428.80. This trade represents a 1.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 131,833 shares of company stock valued at $2,196,995 in the last quarter. Corporate insiders own 2.16% of the company’s stock.

Institutional Investors Weigh In On Rivian Automotive

A number of large investors have recently added to or reduced their stakes in RIVN. Illinois Municipal Retirement Fund raised its stake in shares of Rivian Automotive by 1.6% during the fourth quarter. Illinois Municipal Retirement Fund now owns 43,282 shares of the electric vehicle automaker’s stock valued at $853,000 after acquiring an additional 686 shares during the last quarter. Merit Financial Group LLC grew its stake in shares of Rivian Automotive by 3.2% in the fourth quarter. Merit Financial Group LLC now owns 23,127 shares of the electric vehicle automaker’s stock worth $456,000 after purchasing an additional 718 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in Rivian Automotive by 36.5% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,764 shares of the electric vehicle automaker’s stock valued at $54,000 after purchasing an additional 739 shares during the period. Utah Retirement Systems increased its holdings in Rivian Automotive by 0.6% during the 4th quarter. Utah Retirement Systems now owns 128,500 shares of the electric vehicle automaker’s stock valued at $2,533,000 after purchasing an additional 744 shares during the period. Finally, Tradition Wealth Management LLC raised its position in Rivian Automotive by 5.7% during the 4th quarter. Tradition Wealth Management LLC now owns 14,056 shares of the electric vehicle automaker’s stock valued at $277,000 after purchasing an additional 753 shares during the last quarter. Institutional investors own 66.25% of the company’s stock.

Key Stories Impacting Rivian Automotive

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

• Positive Sentiment: Volkswagen has triggered the next $1 billion tranche into Rivian after the JV completed a software/winter-testing milestone for the VW ID EVERY1, validating Rivian’s software/architecture and unlocking material liquidity that improves Rivian’s funding runway and commercialization path for the JV vehicle. Rivian gets another $1B from Volkswagen
• Neutral Sentiment: Multiple outlets report the JV milestone and funding as a procedural tranche tied to engineering milestones — bullish for credibility but still dependent on future production/sales execution and JV timing. VW’s software partnership with Rivian clears investment hurdle
• Neutral Sentiment: Market commentary frames Rivian as a “quiet outperformer” with strategic shifts that could be an inflection point — supportive context for investors but not an immediate catalyst. MarketBeat Week in Review – 03/23 – 03/27
• Negative Sentiment: Short-term price weakness has drawn coverage explaining a recent pullback versus the broader market; macro/headline-driven selling (sector rotation, rate/inflation concerns) is cited as pressuring EV names including Rivian. Here’s Why Rivian Automotive (RIVN) Fell More Than Broader Market
• Negative Sentiment: Longer-term performance pieces note significant multi-year losses for pure-play EVs including Rivian, a reminder investors weigh both the near-term funding boost and the company’s longer path to sustained profitability. If You Bought Lucid, Nio, or Rivian Stock 5 Years Ago, Here’s How Much You’ve Lost

Rivian Automotive Stock Performance

RIVN stock opened at $14.77 on Monday. The company has a market capitalization of $18.33 billion, a PE ratio of -4.81 and a beta of 1.74. Rivian Automotive has a one year low of $10.36 and a one year high of $22.69. The company’s 50 day moving average price is $15.46 and its two-hundred day moving average price is $15.91. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.89 and a current ratio of 2.33.

Rivian Automotive (NASDAQ:RIVN) last announced its quarterly earnings data on Thursday, February 12th. The electric vehicle automaker reported ($0.54) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.14. Rivian Automotive had a negative net margin of 67.68% and a negative return on equity of 65.05%. The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period in the previous year, the business posted ($0.70) EPS. The business’s quarterly revenue was down 25.8% on a year-over-year basis. As a group, analysts predict that Rivian Automotive will post -3.2 earnings per share for the current fiscal 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.