Expert Ratings For Rivian Automotive
Portfolio Pulse from Benzinga Insights
Rivian Automotive (NASDAQ:RIVN) has received mixed evaluations from 8 analysts in the past three months, with an average 12-month price target of $24.62, down from the previous $27.50. Recent actions include lowered price targets by Goldman Sachs, Cantor Fitzgerald, Wells Fargo, and Wedbush, while Stifel, Cantor Fitzgerald, Needham, and UBS have given positive ratings. Rivian's financials show strong revenue growth but a high net margin loss, below-average ROE and ROA, and a conservative debt-to-equity ratio.

January 04, 2024 | 5:00 pm
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NEUTRAL IMPACT
Rivian Automotive has mixed analyst ratings with a lowered average price target, indicating potential pressure on the stock price. However, strong revenue growth could counterbalance the negative sentiment.
The mixed analyst ratings and lowered price targets suggest uncertainty, which could lead to short-term volatility in Rivian's stock price. However, the strong revenue growth is a positive sign that may mitigate some of the negative impact. The score is neutral due to these counteracting factors.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100