Rivian Automotive (NASDAQ:RIVN) Stock Rating Upgraded by DA Davidson

Rivian Automotive (NASDAQ:RIVN) was upgraded by equities researchers at DA Davidson from an “underperform” rating to a “neutral” rating in a research note issued on Wednesday, Marketbeat reports. The firm currently has a $14.00 price objective on the electric vehicle automaker’s stock. DA Davidson’s target price points to a potential downside of 9.09% from the stock’s current price.

Several other equities research analysts also recently weighed in on RIVN. UBS Group upgraded shares of Rivian Automotive from a “sell” rating to a “neutral” rating and raised their target price for the company from $15.00 to $16.00 in a research note on Friday, February 13th. Leerink Partners reaffirmed an “outperform” rating on shares of Rivian Automotive in a research report on Thursday, March 12th. The Goldman Sachs Group raised their price objective on Rivian Automotive from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Stifel Nicolaus boosted their target price on Rivian Automotive from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Finally, Wells Fargo & Company upped their target price on Rivian Automotive from $12.00 to $15.00 and gave the company an “equal weight” rating in a research report on Friday, February 13th. Eleven analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat.com, Rivian Automotive has a consensus rating of “Hold” and an average price target of $18.05.

Rivian Automotive Stock Performance

Shares of Rivian Automotive stock opened at $15.40 on Wednesday. The company has a market capitalization of $19.11 billion, a PE ratio of -5.02 and a beta of 1.69. The company has a 50-day simple moving average of $15.35 and a two-hundred day simple moving average of $15.91. Rivian Automotive has a one year low of $10.36 and a one year high of $22.69. 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 released its quarterly earnings results on Thursday, February 12th. The electric vehicle automaker reported ($0.54) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.14. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Rivian Automotive had a negative net margin of 67.68% and a negative return on equity of 65.05%. The company’s revenue was down 25.8% compared to the same quarter last year. During the same period last year, the business earned ($0.70) EPS. Research analysts expect that Rivian Automotive will post -3.2 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Claire Mcdonough sold 27,133 shares of the company’s stock in a transaction 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 transaction, the chief financial officer directly owned 680,836 shares of the company’s stock, valued at $11,438,044.80. This represents a 3.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Robert J. Scaringe sold 34,900 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $16.80, for a total value of $586,320.00. Following the completion of the transaction, the chief executive officer owned 1,044,731 shares of the company’s stock, valued at $17,551,480.80. This trade represents a 3.23% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 152,097 shares of company stock valued at $2,500,955. Corporate insiders own 2.16% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of RIVN. Norges Bank acquired a new stake in shares of Rivian Automotive during the fourth quarter worth about $220,323,000. Renaissance Technologies LLC lifted its stake in Rivian Automotive by 32.4% during the 4th quarter. Renaissance Technologies LLC now owns 16,397,496 shares of the electric vehicle automaker’s stock valued at $323,195,000 after acquiring an additional 4,012,386 shares during the period. Vanguard Group Inc. lifted its stake in Rivian Automotive by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 81,673,512 shares of the electric vehicle automaker’s stock valued at $1,198,967,000 after acquiring an additional 2,597,310 shares during the period. Capital International Investors boosted its holdings in shares of Rivian Automotive by 13.2% in the 4th quarter. Capital International Investors now owns 20,769,844 shares of the electric vehicle automaker’s stock valued at $409,374,000 after acquiring an additional 2,418,717 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of Rivian Automotive by 496.6% in the second quarter. AQR Capital Management LLC now owns 2,305,236 shares of the electric vehicle automaker’s stock worth $31,490,000 after acquiring an additional 1,918,852 shares during the period. 66.25% of the stock is owned by institutional investors and hedge funds.

Rivian Automotive News Roundup

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

• Positive Sentiment: Rivian beat Q1 delivery estimates (10,365 vehicles) and reaffirmed 2026 delivery guidance of 62,000–67,000 vehicles — evidence demand is stabilizing and management is sticking to its plan. Rivian Releases Q1 2026 Production and Delivery Figures
• Positive Sentiment: Also (a Rivian spinoff) closed a $200M Series C and secured a DoorDash partnership to deploy small autonomous delivery EVs — strengthens Rivian’s broader EV/autonomy ecosystem and potential revenue pathways. Rivian spinout EV start-up raises $200m
• Positive Sentiment: Analyst/commentary pieces are highlighting Rivian as undervalued relative to growth potential, supporting a constructive long‑term view among some investors. 2 EV Stocks That Are Too Cheap to Ignore Right Now
• Neutral Sentiment: DA Davidson upgraded Rivian from Underperform to Neutral, citing valuation after the pullback — an improvement in tone but the price target implies limited near‑term upside. DA Davidson Upgrades Rivian
• Negative Sentiment: CEO Robert Scaringe sold 20,264 shares (~$304k) under a pre‑arranged 10b5‑1 plan — insider selling can raise short‑term concern even when pre‑planned. Insider Sale: Robert Scaringe
• Negative Sentiment: U.S. monthly sales have reportedly declined for a fourth consecutive month ahead of the R2 model launch, a reminder that demand recovery is still uneven. US sales decline for fourth consecutive month
• Negative Sentiment: Despite the delivery beat, some market coverage noted Rivian’s stock fell alongside peers today, suggesting broader market dynamics and valuation concerns capped upside. Tesla Rival Rivian Tops Delivery Estimates With New Model Still Due

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.