Rivian Automotive (RIVN) Stock Forecast, Price Target & Predictions

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RIVN Stock Forecast

Rivian Automotive stock forecast is as follows: an average price target of $30.96 (represents a 157.36% upside from RIVN’s last price of $12.03) and a rating consensus of 'Buy', based on 23 wall street analysts offering a 1-year stock forecast.

RIVN Price Target

The average price target for Rivian Automotive (RIVN) is $30.96 based on 1-year price targets from 23 Wall Street analysts in the past 3 months, with a price target range of $147.00 to $9.00. This represents a potential 157.36% upside from RIVN's last price of $12.03.

RIVN Analyst Ratings

Buy

According to 23 Wall Street analysts, Rivian Automotive's rating consensus is 'Buy'. The analyst rating breakdown for RIVN stock is 0 'Strong Buy' (0.00%), 15 'Buy' (65.22%), 6 'Hold' (26.09%), 2 'Sell' (8.70%), and 0 'Strong Sell' (0.00%).

Rivian Automotive Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 11, 2024	Stephen Gengaro	Stifel Nicolaus	$16.00	$10.47	52.74%	33.00%
Oct 30, 2024	Dan Levy	Barclays	$13.00	$10.39	25.12%	8.06%
Sep 23, 2024	Philippe Houchois	Jefferies	$17.00	$11.71	45.18%	41.31%
Sep 09, 2024	Edison Yu	Deutsche Bank	$14.00	$13.08	7.03%	16.38%
Aug 07, 2024	Colin Langan	Wells Fargo	$15.00	$14.80	1.35%	24.69%
Aug 02, 2024	Jordan Levy	Truist Financial	$16.00	$14.63	9.40%	33.00%
Jul 18, 2024	Colin Langan	Wells Fargo	$18.00	$17.19	4.71%	49.63%
Jul 17, 2024	Adam Jonas	Morgan Stanley	$17.00	$17.94	-5.24%	41.31%
Jun 28, 2024	George Gianarikas	Canaccord Genuity	$30.00	$13.42	123.55%	149.38%
Jun 28, 2024	Michael Shilsky	D.A. Davidson	$13.00	$13.42	-3.13%	8.06%

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The latest Rivian Automotive stock forecast, released on Nov 11, 2024 by Stephen Gengaro from Stifel Nicolaus, set a price target of $16.00, which represents a 52.74% increase from the stock price at the time of the forecast ($10.47), and a 33.00% increase from RIVN last price ($12.03).

Rivian Automotive Price Target by Period

	1M	3M	12M
# Anlaysts	2	4	29
Avg Price Target	$14.50	$15.00	$16.52
Last Closing Price	$12.03	$12.03	$12.03
Upside/Downside	20.53%	24.69%	37.32%

In the current month, the average price target of Rivian Automotive stock is $14.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 20.53% increase as opposed to Rivian Automotive's last price of $12.03. This month's average price target is down -3.33% compared to last quarter, and down -12.23% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 04, 2024	RBC Capital	Sector Perform	Sector Perform	Hold
Sep 25, 2024	Wedbush	Underperform	Underperform	Hold
Sep 25, 2024	Wells Fargo	Sector Perform	Sector Perform	Hold
Sep 25, 2024	Morgan Stanley	Overweight	Equal-Weight	Downgrade
Sep 23, 2024	Jefferies	Buy	Buy	Hold
Aug 19, 2024	Wedbush	Underperform	Underperform	Hold
Aug 19, 2024	Wells Fargo	Sector Perform	Sector Perform	Hold
Jul 18, 2024	Wells Fargo	Equal-Weight	Equal-Weight	Hold
Jul 17, 2024	Morgan Stanley	Overweight	Overweight	Hold
Jul 12, 2024	Wedbush	Underperform	Underperform	Hold

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Rivian Automotive's last stock rating was published by RBC Capital on Oct 04, 2024. The company gave RIVN a "Sector Perform" rating, the same as its previous rate.

Rivian Automotive Financial Forecast

Rivian Automotive Revenue Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.31B	$1.34B	$1.12B	$661.00M	$663.00M	$536.00M	$364.00M	$95.00M	$54.00M	$1.00M
Avg Forecast	$4.37B	$4.37B	$4.36B	$4.34B	$3.20B	$2.98B	$2.85B	$2.84B	$2.09B	$1.87B	$1.66B	$1.46B	$1.46B	$1.24B	$1.27B	$1.13B	$1.34B	$991.51M	$1.15B	$1.17B	$1.28B	$1.32B	$1.02B	$664.40M	$724.00M	$550.35M	$335.38M	$132.84M	$60.54M	$926.40K
High Forecast	$5.22B	$5.22B	$5.21B	$5.19B	$3.83B	$3.56B	$3.40B	$3.39B	$2.50B	$2.23B	$1.99B	$1.74B	$1.75B	$1.48B	$1.52B	$1.34B	$1.59B	$1.19B	$1.15B	$1.17B	$1.35B	$1.57B	$1.22B	$794.09M	$865.33M	$550.35M	$335.38M	$132.84M	$60.54M	$926.40K
Low Forecast	$3.28B	$3.28B	$3.27B	$3.26B	$2.41B	$2.24B	$2.14B	$2.13B	$1.57B	$1.40B	$1.25B	$1.09B	$1.10B	$931.78M	$953.66M	$954.97M	$934.60M	$744.79M	$1.15B	$1.17B	$1.19B	$1.11B	$763.74M	$499.07M	$543.84M	$550.35M	$335.38M	$132.84M	$60.54M	$926.40K
# Analysts	7	4	3	7	7	4	4	7	6	4	4	6	4	3	7	9	14	9	3	4	7	18	15	9	10	16	8	10	9	9
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.03%	1.01%	1.10%	0.99%	0.92%	0.97%	1.09%	0.72%	0.89%	1.08%

Rivian Automotive's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.17B, with a low forecast of $1.17B, and a high forecast of $1.17B. RIVN's average Quarter revenue forecast represents a -11.07% decrease compared to the company's last Quarter revenue of $1.31B (Dec 23).

Rivian Automotive EBITDA Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	7	4	3	7	7	4	4	7	6	4	4	6	4	3	7	9	14	9	3	4	7	18	15	9	10	16	8	10	9	9
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-2.79B	$-1.44B	$-918.00M	$-1.12B	$-1.49B	$-1.52B	$-1.52B	$-1.45B	$-2.33B	$-1.19B
Avg Forecast	$-874.10M	$-873.96M	$-871.08M	$-868.23M	$-640.75M	$-595.41M	$-569.37M	$-567.54M	$-418.48M	$-373.35M	$-332.61M	$-291.11M	$-292.43M	$-248.09M	$-253.91M	$-226.23M	$-268.08M	$-198.30M	$-229.58M	$-233.90M	$-255.62M	$-264.18M	$-203.35M	$-132.88M	$-144.80M	$-110.07M	$-67.08M	$-1.46B	$-12.11M	$-185.28K
High Forecast	$-656.60M	$-656.49M	$-654.33M	$-652.18M	$-481.31M	$-447.25M	$-427.69M	$-426.32M	$-314.34M	$-280.45M	$-249.84M	$-218.67M	$-219.66M	$-186.36M	$-190.73M	$-190.99M	$-186.92M	$-148.96M	$-229.58M	$-233.90M	$-237.65M	$-222.75M	$-152.75M	$-99.81M	$-108.77M	$-110.07M	$-67.08M	$-1.17B	$-12.11M	$-185.28K
Low Forecast	$-1.04B	$-1.04B	$-1.04B	$-1.04B	$-765.82M	$-711.64M	$-680.52M	$-678.33M	$-500.16M	$-446.23M	$-397.54M	$-347.94M	$-349.52M	$-296.52M	$-303.48M	$-268.88M	$-318.34M	$-237.01M	$-229.58M	$-233.90M	$-269.60M	$-313.21M	$-243.04M	$-158.82M	$-173.07M	$-110.07M	$-67.08M	$-1.76B	$-12.11M	$-185.28K
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10.93%	5.45%	4.51%	8.44%	10.30%	13.85%	22.72%	0.99%	192.11%	6395.73%

undefined analysts predict RIVN's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Rivian Automotive's previous annual EBITDA (undefined) of $NaN.

Rivian Automotive Net Income Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	7	4	3	7	7	4	4	7	6	4	4	6	4	3	7	9	14	9	3	4	7	18	15	9	10	16	8	10	9	9
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-1.52B	$-1.37B	$-1.20B	$-1.35B	$-1.72B	$-1.72B	$-1.71B	$-1.61B	$-2.48B	$-1.23B
Avg Forecast	$-121.68M	$-152.10M	$-273.78M	$-334.62M	$-304.20M	$-395.46M	$-547.56M	$-598.26M	$-529.10M	$-573.11M	$-590.75M	$-590.39M	$-711.68M	$-739.67M	$-733.33M	$-751.01M	$-697.67M	$-969.41M	$-1.26B	$-1.17B	$-1.37B	$-1.36B	$-1.45B	$-1.64B	$-1.99B	$-1.79B	$-1.64B	$-1.60B	$-1.88B	$-1.34B
High Forecast	$-82.32M	$-102.90M	$-185.22M	$-226.38M	$-205.79M	$-267.53M	$-370.43M	$-404.73M	$-357.94M	$-387.72M	$-399.65M	$-399.40M	$-481.46M	$-500.40M	$-496.11M	$-688.42M	$-486.25M	$-655.82M	$-850.92M	$-790.19M	$-1.26B	$-1.05B	$-979.35M	$-1.11B	$-1.35B	$-1.79B	$-1.64B	$-1.28B	$-1.88B	$-1.34B
Low Forecast	$-152.56M	$-190.70M	$-343.26M	$-419.53M	$-381.40M	$-495.82M	$-686.52M	$-750.08M	$-663.36M	$-718.55M	$-740.66M	$-740.22M	$-892.28M	$-927.38M	$-919.43M	$-813.59M	$-824.52M	$-1.22B	$-1.58B	$-1.46B	$-1.51B	$-1.59B	$-1.82B	$-2.06B	$-2.49B	$-1.79B	$-1.64B	$-1.92B	$-1.88B	$-1.34B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.11%	1.01%	0.83%	0.82%	0.86%	0.96%	1.05%	1.00%	1.32%	0.92%

Rivian Automotive's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. RIVN's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Rivian Automotive SG&A Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	7	4	3	7	7	4	4	7	6	4	4	6	4	3	7	9	14	9	3	4	7	18	15	9	10	16	8	10	9	9
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$449.00M	$434.00M	$429.00M	$402.00M	$393.00M	$405.00M	$461.00M	$530.00M	$682.00M	$253.00M
Avg Forecast	$22.74B	$22.74B	$22.66B	$22.59B	$16.67B	$15.49B	$14.81B	$14.77B	$10.89B	$9.71B	$8.65B	$7.57B	$7.61B	$6.45B	$6.61B	$5.89B	$6.97B	$5.16B	$5.97B	$6.09B	$6.65B	$6.87B	$5.29B	$3.46B	$3.77B	$2.86B	$1.75B	$691.18M	$314.99M	$4.82M
High Forecast	$27.18B	$27.18B	$27.09B	$27.00B	$19.92B	$18.51B	$17.70B	$17.65B	$13.01B	$11.61B	$10.34B	$9.05B	$9.09B	$7.71B	$7.90B	$7.00B	$8.28B	$6.17B	$5.97B	$6.09B	$7.01B	$8.15B	$6.32B	$4.13B	$4.50B	$2.86B	$1.75B	$691.18M	$314.99M	$4.82M
Low Forecast	$17.08B	$17.08B	$17.02B	$16.97B	$12.52B	$11.64B	$11.13B	$11.09B	$8.18B	$7.30B	$6.50B	$5.69B	$5.71B	$4.85B	$4.96B	$4.97B	$4.86B	$3.88B	$5.97B	$6.09B	$6.18B	$5.80B	$3.97B	$2.60B	$2.83B	$2.86B	$1.75B	$691.18M	$314.99M	$4.82M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.07%	0.06%	0.08%	0.12%	0.10%	0.14%	0.26%	0.77%	2.17%	52.49%

Rivian Automotive's average Quarter SG&A projection for Mar 24 is $6.09B, based on 4 Wall Street analysts, with a range of $6.09B to $6.09B. The forecast indicates a 1255.26% rise compared to RIVN last annual SG&A of $449.00M (Dec 23).

Rivian Automotive EPS Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	7	4	3	7	7	4	4	7	6	4	4	6	4	3	7	9	14	9	3	4	7	18	15	9	10	16	8	10	9	9
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-1.58	$-1.44	$-1.27	$-1.45	$-1.88	$-1.88	$-1.89	$-1.78	$-24.58	$-12.21
Avg Forecast	$-0.12	$-0.15	$-0.27	$-0.33	$-0.30	$-0.39	$-0.54	$-0.59	$-0.52	$-0.57	$-0.58	$-0.58	$-0.70	$-0.73	$-0.72	$-0.74	$-0.69	$-0.96	$-1.24	$-1.15	$-1.35	$-1.34	$-1.43	$-1.62	$-1.96	$-1.79	$-1.63	$-1.48	$-1.88	$-1.33
High Forecast	$-0.08	$-0.10	$-0.18	$-0.22	$-0.20	$-0.26	$-0.37	$-0.40	$-0.35	$-0.38	$-0.39	$-0.39	$-0.47	$-0.49	$-0.49	$-0.68	$-0.48	$-0.65	$-0.84	$-0.78	$-1.24	$-1.04	$-0.97	$-1.10	$-1.33	$-1.79	$-1.63	$-1.48	$-1.88	$-1.33
Low Forecast	$-0.15	$-0.19	$-0.34	$-0.41	$-0.38	$-0.49	$-0.68	$-0.74	$-0.65	$-0.71	$-0.73	$-0.73	$-0.88	$-0.91	$-0.91	$-0.80	$-0.81	$-1.20	$-1.56	$-1.44	$-1.48	$-1.57	$-1.79	$-2.03	$-2.46	$-1.79	$-1.63	$-1.48	$-1.88	$-1.33
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.17%	1.07%	0.89%	0.89%	0.96%	1.05%	1.16%	1.20%	13.06%	9.15%

According to undefined Wall Street analysts, Rivian Automotive's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to RIVN previous annual EPS of $NaN (undefined).

Rivian Automotive Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
FSR	Fisker	$0.09	$13.57	14977.78%	Buy
NIO	NIO	$4.61	$19.45	321.91%	Buy
LCID	Lucid Group	$2.18	$8.59	294.04%	Hold
RIVN	Rivian Automotive	$12.03	$30.96	157.36%	Buy
XPEV	XPeng	$13.35	$21.59	61.72%	Buy
LI	Li Auto	$22.35	$35.06	56.87%	Buy
F	Ford Motor Company	$11.10	$16.58	49.37%	Buy
GM	General Motors Company	$57.71	$63.26	9.62%	Buy
TSLA	Tesla	$330.24	$250.97	-24.00%	Buy

RIVN Forecast FAQ

Is Rivian Automotive a good buy?

Yes, according to 23 Wall Street analysts, Rivian Automotive (RIVN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 15 'Buy' recommendations, accounting for 65.22% of RIVN's total ratings.

What is RIVN's price target?

Rivian Automotive (RIVN) average price target is $30.96 with a range of $9 to $147, implying a 157.36% from its last price of $12.03. The data is based on 23 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Rivian Automotive stock go up soon?

According to Wall Street analysts' prediction for RIVN stock, the company can go up by 157.36% (from the last price of $12.03 to the average price target of $30.96), up by 1121.95% based on the highest stock price target, and down by -25.19% based on the lowest stock price target.

Can Rivian Automotive stock reach $20?

RIVN's average twelve months analyst stock price target of $30.96 supports the claim that Rivian Automotive can reach $20 in the near future.

What is Rivian Automotive's current price target trend?

2 Wall Street analysts forecast a $14.5 price target for Rivian Automotive (RIVN) this month, up 20.53% from its last price of $12.03. Compared to the last 3 and 12 months, the average price target increased by 24.69% and increased by 37.32%, respectively.

What are Rivian Automotive's analysts' financial forecasts?

Rivian Automotive's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $11.87B (high $14.18B, low $8.91B), average EBITDA is $-2.373B (high $-1.783B, low $-2.836B), average net income is $-1.845B (high $-1.248B, low $-2.314B), average SG&A $61.74B (high $73.79B, low $46.38B), and average EPS is $-1.82 (high $-1.231, low $-2.282). RIVN's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $17.44B (high $20.84B, low $13.1B), average EBITDA is $-3.487B (high $-2.62B, low $-4.168B), average net income is $-882M (high $-597M, low $-1.106B), average SG&A $90.73B (high $108.44B, low $68.15B), and average EPS is $-0.87 (high $-0.589, low $-1.091).

Did the RIVN's actual financial results beat the analysts' financial forecasts?

Based on Rivian Automotive's last annual report (Dec 2023), the company's revenue was $4.43B, beating the average analysts forecast of $4.28B by 3.59%. Apple's EBITDA was $-5.739B, beating the average prediction of $-856M by 570.42%. The company's net income was $-5.432B, missing the average estimation of $-5.818B by -6.64%. Apple's SG&A was $1.71B, missing the average forecast of $22.27B by -92.30%. Lastly, the company's EPS was $-5.74, beating the average prediction of $-5.738 by 0.04%. In terms of the last quarterly report (Dec 2023), Rivian Automotive's revenue was $1.32B, beating the average analysts' forecast of $1.28B by 2.89%. The company's EBITDA was $-2.794B, beating the average prediction of $-256M by 993.03%. Rivian Automotive's net income was $-1.521B, beating the average estimation of $-1.368B by 11.22%. The company's SG&A was $449M, missing the average forecast of $6.65B by -93.25%. Lastly, the company's EPS was $-1.58, beating the average prediction of $-1.349 by 17.15%