Rivian Automotive (NASDAQ:RIVN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Rivian Automotive (NASDAQ:RIVN) from a sell rating to a hold rating in a research report sent to investors on Saturday morning.

A number of other equities analysts also recently commented on RIVN. Royal Bank Of Canada raised their target price on shares of Rivian Automotive from $14.00 to $16.00 and gave the company a “sector perform” rating in a research note on Friday. UBS Group increased their price target on Rivian Automotive from $16.00 to $17.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Needham & Company LLC reissued a “buy” rating and issued a $23.00 price objective on shares of Rivian Automotive in a research report on Friday. DA Davidson boosted their price objective on Rivian Automotive from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Finally, TD Cowen increased their target price on Rivian Automotive from $20.00 to $21.00 and gave the company a “buy” rating in a research note on Friday. Thirteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $18.95.

Rivian Automotive Trading Up 0.9%

Shares of RIVN stock opened at $15.35 on Friday. The company has a quick ratio of 1.65, a current ratio of 2.10 and a debt-to-equity ratio of 0.87. Rivian Automotive has a fifty-two week low of $11.57 and a fifty-two week high of $22.69. The firm’s 50 day moving average price is $16.60 and its two-hundred day moving average price is $15.84. The stock has a market cap of $20.89 billion, a price-to-earnings ratio of -5.95 and a beta of 1.61.

Insider Buying and Selling

In other Rivian Automotive news, Director Karen Boone sold 20,000 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $20.00, for a total value of $400,000.00. Following the transaction, the director owned 110,000 shares in the company, valued at $2,200,000. The trade was a 15.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Claire Mcdonough sold 8,023 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $16.00, for a total transaction of $128,368.00. Following the completion of the transaction, the chief financial officer directly owned 887,007 shares of the company’s stock, valued at approximately $14,192,112. The trade was a 0.90% decrease in their ownership of the stock. 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. Insiders have sold 68,385 shares of company stock valued at $1,125,094 in the last quarter. Company insiders own 1.48% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Handelsbanken Fonder AB increased its holdings in Rivian Automotive by 2.1% during the 2nd quarter. Handelsbanken Fonder AB now owns 270,800 shares of the electric vehicle automaker’s stock worth $4,698,000 after purchasing an additional 5,600 shares during the last quarter. Valeo Financial Advisors LLC grew its position in shares of Rivian Automotive by 6.8% during the second quarter. Valeo Financial Advisors LLC now owns 25,887 shares of the electric vehicle automaker’s stock worth $449,000 after buying an additional 1,642 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Rivian Automotive by 2.0% in the second quarter. Assenagon Asset Management S.A. now owns 56,758 shares of the electric vehicle automaker’s stock worth $985,000 after buying an additional 1,134 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of Rivian Automotive in the first quarter worth $179,000. Finally, Rathbones Group PLC acquired a new stake in Rivian Automotive in the first quarter valued at $237,000. Hedge funds and other institutional investors own 66.25% of the company’s stock.

Key Rivian Automotive News

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

• Positive Sentiment: Rivian raised its 2026 delivery forecast to approximately 65,000–70,000 vehicles as production of the R2 ramps up. Management also said R2 demand is exceeding expectations, supporting the company’s strategy to expand beyond its current premium-vehicle niche. Rivian expects 65,000-70,000 2026 deliveries as R2 ramps
• Positive Sentiment: The company beat Wall Street’s second-quarter revenue expectations and lowered its capital-spending forecast. Reduced spending could help preserve cash as Rivian invests in the R2 launch and works to improve its financial flexibility. Rivian trims 2026 spending plans despite revenue beat
• Positive Sentiment: Management highlighted a path toward positive gross profit and plans to achieve point-to-point autonomous driving capability by year-end, offering potential longer-term catalysts if execution remains on schedule. Rivian Q2 earnings call spotlights R2 ramp and margin path
• Neutral Sentiment: Several analysts raised their price targets to $14, $16 and $21, but broader coverage remains cautious, with Rivian carrying a consensus “Hold” rating. This suggests optimism about the R2 launch is balanced by execution and financing risks. Rivian price target raised to $21
• Negative Sentiment: Rivian remains deeply unprofitable, and Morgan Stanley upgraded the stock without considering it a buy. Investors are also concerned that competition from Chinese EV manufacturers, which benefit from lower capital costs, could pressure Rivian’s pricing and margins. Rivian CEO explains Chinese EV competition

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.