Wall Street Analysts Predict a 44.23% Upside in Rivian Automotive (RIVN): Here's What You Should Know
Portfolio Pulse from
Wall Street analysts predict a 44.23% upside for Rivian Automotive (RIVN) based on the mean of analysts' price targets. Despite the historical ineffectiveness of this metric, the consensus on raising earnings estimates suggests a positive outlook for the stock.
November 13, 2024 | 4:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Analysts predict a 44.23% upside for Rivian Automotive (RIVN) based on price targets. Despite the historical ineffectiveness of this metric, the consensus on raising earnings estimates suggests a positive outlook.
The mean of analysts' price targets suggests a significant upside for RIVN. While price targets alone are not always reliable, the strong agreement among analysts in raising earnings estimates supports a positive short-term outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100