Rivian Automotive (NASDAQ:RIVN) Cut to Underperform at DA Davidson

DA Davidson lowered shares of Rivian Automotive (NASDAQ:RIVN) from a neutral rating to an underperform rating in a report issued on Tuesday, Marketbeat Ratings reports. They currently have $14.00 target price on the electric vehicle automaker’s stock, down from their prior target price of $15.00.

A number of other equities research analysts have also issued reports on the company. Evercore restated an “outperform” rating on shares of Rivian Automotive in a research report on Monday, December 15th. Wall Street Zen lowered shares of Rivian Automotive from a “hold” rating to a “strong sell” rating in a report on Sunday, February 15th. Morgan Stanley restated an “underweight” rating and set a $12.00 price objective on shares of Rivian Automotive in a research report on Monday, December 8th. Wolfe Research lowered shares of Rivian Automotive from a “peer perform” rating to an “underperform” rating in a report on Monday, January 12th. Finally, Needham & Company LLC increased their price target on shares of Rivian Automotive from $14.00 to $23.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and seven have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $17.71.

Rivian Automotive Trading Down 3.5%

Shares of RIVN stock opened at $15.59 on Tuesday. The stock’s fifty day moving average is $17.59 and its two-hundred day moving average is $15.41. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.89 and a current ratio of 2.33. The firm has a market capitalization of $19.11 billion, a P/E ratio of -5.08 and a beta of 1.76. Rivian Automotive has a fifty-two week low of $10.36 and a fifty-two week high of $22.69.

Rivian Automotive (NASDAQ:RIVN) last released its earnings results on Thursday, February 12th. The electric vehicle automaker reported ($0.66) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.02. Rivian Automotive had a negative net margin of 67.68% and a negative return on equity of 65.05%. The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the firm earned ($0.70) earnings per share. The company’s revenue for the quarter was down 25.8% compared to the same quarter last year. Research analysts expect that Rivian Automotive will post -3.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Rivian Automotive

In other Rivian Automotive news, CFO Claire Mcdonough sold 27,133 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $16.80, for a total transaction of $455,834.40. Following the sale, the chief financial officer directly owned 680,836 shares in the company, valued at $11,438,044.80. This represents a 3.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 sale, the director directly owned 29,122 shares in the company, valued at $566,422.90. This represents a 11.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 182,187 shares of company stock valued at $3,185,878 in the last three months. 2.16% of the stock is owned by corporate insiders.

Institutional Trading of Rivian Automotive

A number of large investors have recently modified their holdings of RIVN. Charles Schwab Investment Management Inc. increased its holdings in shares of Rivian Automotive by 15.8% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 5,849,818 shares of the electric vehicle automaker’s stock valued at $80,376,000 after purchasing an additional 799,030 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of Rivian Automotive in the 2nd quarter worth approximately $1,324,000. Farther Finance Advisors LLC increased its stake in Rivian Automotive by 227.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 117,096 shares of the electric vehicle automaker’s stock valued at $1,719,000 after purchasing an additional 81,291 shares in the last quarter. Y Intercept Hong Kong Ltd increased its stake in Rivian Automotive by 244.1% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 1,624,707 shares of the electric vehicle automaker’s stock valued at $23,851,000 after purchasing an additional 1,152,551 shares in the last quarter. Finally, Tableaux LLC acquired a new position in Rivian Automotive during the second quarter worth $3,435,000. Hedge funds and other institutional investors own 66.25% of the company’s stock.

Rivian Automotive News Summary

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

• Positive Sentiment: Q4 beat and strong 2026 guidance — Rivian reported better-than-expected Q4 revenue and EPS and issued 2026 delivery guidance (62k–67k vehicles), pointing to ~50%+ year-over-year delivery growth and its first full year of positive gross profit; that results print drove recent upside. Can Services 2x Rivian Stock?
• Positive Sentiment: Analyst bullishness/upgrades — some firms (e.g., Stifel) boosted targets and flagged upside if R2 demand materializes, supporting a constructive analyst narrative that helped lift the stock earlier. Stifel bullishness
• Neutral Sentiment: Balanced analyst view and consensus — the street remains split (Buy/Hold/Sell mix and a MarketBeat consensus “Hold”), so upside is contingent on execution rather than a broad analyst stampede. MarketBeat analyst consensus
• Neutral Sentiment: Longer-term thesis highlighted — pieces note narrowing losses, growing software & services mix and the upcoming lower‑cost R2 as the engine for multi-year growth, but these depend on successful ramp and margin improvement. Can Rivian Stock Beat the Market in 2026?
• Negative Sentiment: DA Davidson downgrade — DA Davidson cut Rivian to Underperform (low $14 PT), warning the 2026 guidance assumes an unusually strong R2 debut; this note raises near-term downside if the R2 ramp disappoints. DA Davidson downgrades Rivian
• Negative Sentiment: Insider selling by CEO & CFO — CEO Robert Scaringe and CFO Claire McDonough sold shares (~34.9k and ~27.1k shares) on Feb 18 at about $16.80; while both retain large stakes, the concurrent executive sales are weighing on sentiment. Insider trades alert
• Negative Sentiment: R2 execution and demand risk — multiple notes and coverage warn the biggest risk is an R2 ramp or demand miss; given the guidance relies heavily on R2, execution disappointment could quickly reverse gains. What’s going on with Rivian Automotive stock?

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.