Rivian Automotive, Inc. (RIVN)
NASDAQ: RIVN · Real-Time Price · USD
13.83
+0.77 (5.90%)
At close: Dec 20, 2024, 4:00 PM
13.85
+0.02 (0.14%)
After-hours: Dec 20, 2024, 7:59 PM EST
Rivian Automotive Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for Rivian Automotive stock have an average target of 15.57, with a low estimate of 11 and a high estimate of 25. The average target predicts an increase of 12.58% from the current stock price of 13.83.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RIVN stock from 23 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 6 | 6 | 5 | 5 |
| Buy | 6 | 5 | 4 | 4 | 5 | 4 |
| Hold | 10 | 10 | 12 | 12 | 12 | 13 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 22 | 23 | 23 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy → Hold Downgrades $18 → $16 | Buy → Hold | Downgrades | $18 → $16 | +15.69% | Dec 18, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $10 → $12 | Hold | Maintains | $10 → $12 | -13.23% | Nov 14, 2024 |
| Stifel | Stifel | Strong Buy Maintains $18 → $16 | Strong Buy | Maintains | $18 → $16 | +15.69% | Nov 11, 2024 |
| Mizuho | Mizuho | Hold Maintains $12 → $11 | Hold | Maintains | $12 → $11 | -20.46% | Nov 8, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $14 → $12 | Hold | Maintains | $14 → $12 | -13.23% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
4.71B
from 4.43B
Increased by 6.31%
Revenue Next Year
5.15B
from 4.71B
Increased by 9.21%
EPS This Year
-4.05
from -5.74
EPS Next Year
-2.74
from -4.05
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.2B | 6.4B | 11.8B | |||
| Avg | 4.7B | 5.1B | 7.8B | |||
| Low | 4.0B | 3.9B | 5.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.0% | 35.2% | 130.2% | |||
| Avg | 6.3% | 9.2% | 51.3% | |||
| Low | -8.8% | -17.4% | -3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -3.90 | -2.24 | -1.50 | |||
| Avg | -4.05 | -2.74 | -2.34 | |||
| Low | -4.61 | -3.82 | -4.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | - | - | |||
| Avg | - | - | - | |||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.