Rivian Automotive, Inc. (RIVN)
NASDAQ: RIVN · Real-Time Price · USD
12.90
-0.20 (-1.53%)
At close: Sep 18, 2024, 4:00 PM
13.01
+0.11 (0.85%)
After-hours: Sep 18, 2024, 7:13 PM EDT
Rivian Automotive Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for Rivian Automotive stock have an average target of 17.86, with a low estimate of 13 and a high estimate of 30. The average target predicts an increase of 38.45% from the current stock price of 12.90.
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 7 | 6 | 6 |
| Buy | 7 | 7 | 7 | 6 | 5 | 5 |
| Hold | 10 | 10 | 10 | 10 | 10 | 11 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 23 | 24 | 24 | 22 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $19 | Buy | Reiterates | $19 | +47.29% | Sep 16, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Initiates $14 | Hold | Initiates | $14 | +8.53% | Sep 10, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $19 | Buy | Reiterates | $19 | +47.29% | Sep 9, 2024 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Sep 5, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $19 | Buy | Reiterates | $19 | +47.29% | Sep 3, 2024 |
Financial Forecast
Revenue This Year
4.89B
from 4.43B
Increased by 10.35%
Revenue Next Year
6.07B
from 4.89B
Increased by 24.03%
EPS This Year
-3.90
from -5.74
EPS Next Year
-2.74
from -3.90
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.3B | 9.7B | 15.7B | ||
| Avg | 4.9B | 6.1B | 9.3B | ||
| Low | 4.4B | 4.6B | 5.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.5% | 98.1% | 158.4% | ||
| Avg | 10.4% | 24.0% | 53.0% | ||
| Low | -0.2% | -5.6% | -4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -2.88 | -1.90 | -1.30 | ||
| Avg | -3.90 | -2.74 | -2.34 | ||
| Low | -4.62 | -4.61 | -4.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.