Rivian Automotive (NASDAQ:RIVN) Stock Price Down 2.9% – Time to Sell?

Rivian Automotive, Inc. (NASDAQ:RIVN) traded down 2.9% on Friday . The stock traded as low as $14.81 and last traded at $14.86. 30,850,625 shares changed hands during trading, a decline of 0% from the average session volume of 30,922,639 shares. The stock had previously closed at $15.30.

Trending Headlines about Rivian Automotive

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

• Positive Sentiment: Analyst upgrade — TD Cowen and some other brokers raised their views on Rivian following the R2 reveal and improving cost metrics, which supports a more constructive mid‑term outlook for revenue and margins. TD Cowen Upgrade
• Positive Sentiment: Spinout value capture — Rivian’s robotics/software spinout, Mind Robotics, closed a $500M Series A at about a $2B valuation, demonstrating value in Rivian’s tech/IP and potentially validating non‑automotive monetization paths. This can be a structural positive for investor sentiment and optionality. Mind Robotics Funding
• Neutral Sentiment: R2 launch timeline and initial trim — Rivian will begin R2 deliveries with a $57,990 Performance/Launch variant this spring, with additional Premium trims in late 2026 and the promised $45K base model slated for late 2027. The staggered rollout provides a concrete near‑term revenue driver but delays the mass‑market volume ramp. R2 Delivery Timeline
• Negative Sentiment: Market disappointed by pricing/timing — Investors sold after Rivian confirmed the affordable $45K R2 won’t arrive until late 2027, and higher‑price launch trims start now, prompting an immediate drop in the stock and increased volatility. Why RIVN Trading Lower Stock Plunge Coverage
• Negative Sentiment: Technical and positioning headwinds — Short interest has risen and technical indicators show RIVN in a bear phase after the post‑reveal selloff, leaving the stock vulnerable to further downward pressure until execution and volume evidence improve. Technical Analysis & Short Interest

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on RIVN. Wells Fargo & Company upped their price target on Rivian Automotive from $12.00 to $15.00 and gave the company an “equal weight” rating in a report on Friday, February 13th. The Goldman Sachs Group boosted their price objective on shares of Rivian Automotive from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Canaccord Genuity Group restated a “buy” rating on shares of Rivian Automotive in a report on Monday, December 15th. Robert W. Baird raised shares of Rivian Automotive from a “neutral” rating to an “outperform” rating and increased their target price for the company from $14.00 to $25.00 in a research report on Thursday, December 18th. Finally, Stifel Nicolaus lifted their price target on shares of Rivian Automotive from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Eleven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $18.00.

Rivian Automotive Stock Performance

The company has a market cap of $18.44 billion, a price-to-earnings ratio of -4.84 and a beta of 1.75. The firm has a 50-day simple moving average of $16.11 and a 200 day simple moving average of $15.78. The company has a quick ratio of 1.89, a current ratio of 2.33 and a debt-to-equity ratio of 0.97.

Rivian Automotive (NASDAQ:RIVN) last posted its quarterly earnings data on Thursday, February 12th. The electric vehicle automaker reported ($0.66) earnings per share for the quarter, beating the consensus estimate of ($0.68) by $0.02. The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.27 billion. Rivian Automotive had a negative return on equity of 65.05% and a negative net margin of 67.68%.The company’s revenue was down 25.8% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.70) earnings per share. On average, sell-side analysts predict that Rivian Automotive, Inc. will post -3.2 earnings per share for the current fiscal year.

Insider Activity at Rivian Automotive

In other Rivian Automotive news, CEO Robert J. Scaringe sold 17,450 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $15.00, for a total transaction of $261,750.00. Following the transaction, the chief executive officer directly owned 1,027,281 shares of the company’s stock, valued at approximately $15,409,215. This trade represents a 1.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Peter Krawiec sold 3,655 shares of Rivian Automotive stock in a transaction on Monday, December 15th. The shares were sold at an average price of $19.45, for a total transaction of $71,089.75. Following the completion of the transaction, the director owned 29,122 shares in the company, valued at approximately $566,422.90. This represents a 11.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 135,488 shares of company stock worth $2,369,819 in the last 90 days. 2.16% of the stock is owned by insiders.

Hedge Funds Weigh In On Rivian Automotive

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. increased its position 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 valued at $26,000 after acquiring an additional 1,000 shares during the period. Core Wealth Advisors LLC acquired a new stake in Rivian Automotive during the 4th quarter worth approximately $27,000. Mather Group LLC. purchased a new position in shares of Rivian Automotive in the 3rd quarter valued at approximately $30,000. Hemington Wealth Management grew its stake in shares of Rivian Automotive by 291.0% in the 3rd quarter. Hemington Wealth Management now owns 2,123 shares of the electric vehicle automaker’s stock valued at $31,000 after purchasing an additional 1,580 shares during the last quarter. Finally, SOA Wealth Advisors LLC. increased its holdings in shares of Rivian Automotive by 894.2% in the fourth quarter. SOA Wealth Advisors LLC. now owns 1,551 shares of the electric vehicle automaker’s stock valued at $31,000 after purchasing an additional 1,395 shares during the period. Hedge funds and other institutional investors own 66.25% of the company’s 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.