30 Analysts Have This To Say About Rivian Automotive
Portfolio Pulse from Benzinga Insights
In the past three months, 30 analysts have provided ratings for Rivian Automotive (NASDAQ:RIVN), with a mix of bullish and bearish perspectives. The average 12-month price target has increased to $17.47, with a high of $30.00 and a low of $13.00. Recent analyst actions include both raises and lowers in ratings and price targets, reflecting varied expectations for Rivian's market performance. Despite impressive revenue growth, Rivian faces challenges with its net margin, ROE, ROA, and debt management.
September 25, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Rivian Automotive has received mixed analyst ratings, with an average price target increase to $17.47. Analysts have varied expectations, with some lowering and others raising their ratings and price targets. Despite revenue growth, Rivian faces challenges in net margin, ROE, ROA, and debt management.
The article provides a comprehensive overview of analyst ratings for Rivian, highlighting both positive and negative aspects. The increase in the average price target suggests some optimism, but the challenges in financial metrics like net margin and debt management indicate potential concerns. The mixed ratings reflect uncertainty in the market, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100