Rivian Automotive, Inc. (RIVN)
NASDAQ: RIVN · IEX Real-Time Price · USD
18.42
+1.66 (9.90%)
Jul 12, 2024, 12:44 PM EDT - Market open

Rivian Automotive Stock Forecast

Stock Price Forecast

The 23 analysts with 12-month price forecasts for Rivian Automotive stock have an average target of 18.7, with a low estimate of 10 and a high estimate of 36. The average target predicts an increase of 1.52% from the current stock price of 18.42.

Analyst Consensus: Buy
Target Low Average Median High
Price $10 $18.7 $17 $36
Change -45.71% +1.52% -7.71% +95.44%

Analyst Ratings

The average analyst rating for RIVN stock from 24 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 555567
Buy 677776
Hold 9910101010
Sell 111111
Strong Sell 110000
Total 222323232424

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho
Mizuho
Hold
Maintains
$11$15
Hold Maintains $11$15 -18.57% Jul 12, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$19
Buy Reiterates $19 +3.15% Jul 1, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$11$14
Hold Maintains $11$14 -24.00% Jul 1, 2024
RBC Capital
RBC Capital
Hold
Maintains
$11$14
Hold Maintains $11$14 -24.00% Jul 1, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$20$30
Strong Buy Maintains $20$30 +62.87% Jul 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.82B
from 4.43B
Increased by 8.71%
Revenue Next Year
6.68B
from 4.82B
Increased by 38.55%
EPS This Year
-4.06
from -5.74
EPS Next Year
-2.45
from -4.06
Year 2019202020212022202320242025202620272028
Revenue
--55.00M1.66B4.43B4.82B6.68B10.75B17.89B26.65B
Revenue Growth
---2,914.55%167.43%8.71%38.55%60.93%66.46%48.98%
EPS
-4.35-10.09-22.98-7.40-5.74-4.06-2.45-2.02-1.80-1.17
EPS Growth
----------
Forward PE
----------
No. Analysts -----28282266
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 5.5B 8.4B 17.4B 26.0B 44.2B
Avg 4.8B 6.7B 10.7B 17.9B 26.7B
Low 4.2B 5.0B 6.2B 13.9B 19.2B

Revenue Growth

Revenue Growth 20242025202620272028
High
24.1%
75.3%
160.5%
141.6%
147.3%
Avg
8.7%
38.5%
60.9%
66.5%
49.0%
Low
-6.0%
3.8%
-7.0%
29.7%
7.1%

EPS Forecast

EPS 20242025202620272028
High -3.72 -0.61 -0.67 0.58 2.05
Avg -4.06 -2.45 -2.02 -1.80 -1.17
Low -4.59 -5.19 -5.15 -4.70 -5.78

EPS Growth

EPS Growth 20242025202620272028
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.