Rivian Automotive (NASDAQ:RIVN) Stock Gets Price Target Reduction from Cantor Fitzgerald

Rivian Automotive (NASDAQ:RIVN) had its target price cut by research analysts at Cantor Fitzgerald from $19.00 to $16.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the electric vehicle automaker’s stock. Cantor Fitzgerald‘s price target points to a potential upside of 39.74% from the company’s current price.

RIVN has been the topic of several other research reports. Morgan Stanley raised their target price on shares of Rivian Automotive from $13.00 to $14.00 and gave the stock an “underweight” rating in a report on Friday, July 31st. BNP Paribas Exane increased their price target on Rivian Automotive from $22.00 to $24.00 and gave the company an “outperform” rating in a report on Wednesday, July 8th. Stifel Nicolaus set a $22.00 price target on Rivian Automotive in a research note on Monday, August 24th. Wall Street Zen raised Rivian Automotive from a “sell” rating to a “hold” rating in a report on Saturday, September 19th. Finally, Yorkville Ives assumed coverage on Rivian Automotive in a research report on Tuesday, October 6th. They set an “outperform” rating and a $20.00 price objective for the company. Fourteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $19.50.

Rivian Automotive Price Performance

Shares of NASDAQ:RIVN opened at $11.45 on Friday. Rivian Automotive has a fifty-two week low of $11.38 and a fifty-two week high of $22.69. The business has a 50-day simple moving average of $14.60 and a two-hundred day simple moving average of $15.53. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.65 and a current ratio of 2.10. The firm has a market cap of $16.58 billion, a price-to-earnings ratio of -4.44 and a beta of 1.62.

Rivian Automotive (NASDAQ:RIVN) last announced its quarterly earnings results on Thursday, October 29th. The electric vehicle automaker reported ($0.48) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.64) by $0.16. Rivian Automotive had a negative net margin of 54.96% and a negative return on equity of 73.90%. The firm had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2 billion. During the same quarter last year, the firm posted ($1.08) EPS. The business’s quarterly revenue was up 38.3% compared to the same quarter last year. On average, analysts expect that Rivian Automotive will post -2.92 earnings per share for the current year.

Insider Buying and Selling at Rivian Automotive

In other news, insider Michael John Callahan sold 15,000 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $15.00, for a total transaction of $225,000.00. Following the completion of the sale, the insider owned 1,001,776 shares of the company’s stock, valued at $15,026,640. The trade was a 1.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Claire McDonough sold 13,144 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $14.50, for a total transaction of $190,588.00. Following the sale, the chief financial officer directly owned 827,201 shares of the company’s stock, valued at approximately $11,994,414.50. The trade was a 1.56% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 51,167 shares of company stock worth $788,306 in the last quarter. Corporate insiders own 1.48% of the company’s stock.

Institutional Trading of Rivian Automotive

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. VCI Wealth Management LLC bought a new position in shares of Rivian Automotive in the third quarter worth about $811,000. Traynor Capital Management Inc. grew its stake in shares of Rivian Automotive by 30.8% during the 3rd quarter. Traynor Capital Management Inc. now owns 17,646 shares of the electric vehicle automaker’s stock valued at $264,000 after acquiring an additional 4,160 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Rivian Automotive by 22.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,970,637 shares of the electric vehicle automaker’s stock valued at $29,441,000 after acquiring an additional 356,540 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Rivian Automotive in the 3rd quarter worth approximately $327,000. Finally, Vise Technologies Inc. purchased a new stake in Rivian Automotive in the 3rd quarter worth approximately $156,000. Hedge funds and other institutional investors own 66.25% of the company’s stock.

More Rivian Automotive News

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

• Positive Sentiment: Rivian exceeded third-quarter expectations. Revenue rose 38.3% year over year to approximately $2.15 billion, above the roughly $2 billion consensus estimate. The company reported an adjusted loss of $0.48 per share, narrower than the expected $0.64–$0.65 loss and substantially better than the $1.08 loss recorded a year earlier. Rivian third-quarter earnings beat estimates as software revenue, R2 deliveries rise
• Positive Sentiment: The R2 ramp is showing early traction. Rivian said its new R2 SUV became the company’s best-selling vehicle during the quarter. Higher deliveries helped support revenue and gross-profit improvement, while the company raised its full-year delivery outlook and updated guidance for adjusted earnings and capital expenditures. The R2 SUV is already Rivian’s best-selling vehicle
• Positive Sentiment: Software and strategic partnerships add potential upside. Rivian expanded its $5.8 billion joint venture with Volkswagen to include an AI assistant and recently acquired Third Dimension AI to strengthen driver-assistance technology and its Autonomy+ services. These initiatives could improve future software revenue and margins. Rivian expands joint venture with VW to include AI assistant
• Negative Sentiment: Profitability and cash consumption remain major risks. Rivian still posted a GAAP net loss of approximately $913 million, or $0.63 per share, with a negative net margin of 54.96% and negative return on equity. Investors will need evidence that R2 scale can turn automotive operations profitable rather than relying primarily on software and services.
• Neutral Sentiment: Leadership transition adds a modest uncertainty. CFO Claire McDonough is being replaced on an interim basis by Derek Mulvey, effective October 30. The transition may draw attention as Rivian manages its production ramp and path toward profitability. Rivian Q3 2026 earnings call transcript

Rivian Automotive Company Profile

Rivian Automotive, Inc is an electric vehicle manufacturer that designs, develops and produces all-electric trucks, sport utility vehicles and commercial delivery vans. The company focuses on vehicles intended for outdoor recreation, everyday transportation and fleet use, combining battery-electric powertrains with software and connected-vehicle technologies.

Rivian’s consumer vehicle lineup includes the R1T pickup truck and R1S sport utility vehicle. The company also develops electric commercial vans for business and delivery fleets, including vehicles produced through its relationship with Amazon.