Rivian Automotive (NASDAQ:RIVN) Shares Up 2.2% – Time to Buy?

Rivian Automotive, Inc. (NASDAQ:RIVN) traded up 2.2% during mid-day trading on Friday . The company traded as high as $17.50 and last traded at $17.46. Approximately 28,855,845 shares were traded during mid-day trading, a decline of 10% from the average session volume of 32,065,613 shares. The stock had previously closed at $17.09.

More Rivian Automotive News

Here are the key news stories impacting Rivian Automotive this week:

• Positive Sentiment: Rivian reportedly jumped after completing a $1.16 billion equity raise and lifting its 2026 guidance, which can improve liquidity and signal management confidence in the business outlook. Rivian Automotive (RIVN) Is Up 6.8% After $1.16 Billion Equity Raise And Higher 2026 Guidance
• Positive Sentiment: UBS raised its price target on Rivian, reinforcing the view that Wall Street sees more upside despite the company still being unprofitable. UBS Raises its Price Target on Rivian Automotive (RIVN)
• Positive Sentiment: Rivian is being highlighted as one of the EV stocks worth the risk to buy, with attention on catalysts such as its upcoming R2 launch and valuation upside. 3 EV Stocks Worth the Risk to Buy in July
• Neutral Sentiment: Rivian is drawing more watchlist interest from investors, which suggests increased trading attention but does not by itself change the fundamentals. Rivian Automotive, Inc. (RIVN) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Barclays kept a Hold rating on Rivian, indicating a cautious but not outright bearish stance. Barclays Keeps Their Hold Rating on Rivian Automotive (RIVN)
• Negative Sentiment: Recent coverage also points to Rivian’s share price weakness earlier in 2026, driven by a difficult EV backdrop and higher spending, which remain key risks for investors. Why Rivian Stock Fell 12% in the First Half of 2026

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Morgan Stanley raised their price target on Rivian Automotive from $12.00 to $13.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 14th. Wall Street Zen upgraded Rivian Automotive from a “strong sell” rating to a “sell” rating in a report on Sunday, May 10th. Jefferies Financial Group increased their target price on Rivian Automotive from $16.00 to $17.00 and gave the stock a “hold” rating in a research note on Tuesday, July 7th. Weiss Ratings upgraded Rivian Automotive from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, July 6th. Finally, Tigress Financial reaffirmed a “buy” rating and issued a $25.00 target price on shares of Rivian Automotive in a research report on Friday, April 10th. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $18.86.

Rivian Automotive Price Performance

The stock has a fifty day simple moving average of $16.04 and a 200-day simple moving average of $16.11. The company has a market capitalization of $21.66 billion, a PE ratio of -5.98 and a beta of 1.60. The company has a current ratio of 2.10, a quick ratio of 1.64 and a debt-to-equity ratio of 1.00.

Rivian Automotive (NASDAQ:RIVN) last released its quarterly earnings data on Thursday, April 30th. The electric vehicle automaker reported ($0.55) EPS for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.05. The business had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.37 billion. Rivian Automotive had a negative return on equity of 75.65% and a negative net margin of 63.62%.The business’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.48) EPS. Equities analysts anticipate that Rivian Automotive, Inc. will post -3.06 earnings per share for the current year.

Insider Buying and Selling at Rivian Automotive

In other news, Director Karen Boone sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $20.00, for a total transaction of $400,000.00. Following the completion of the sale, the director owned 110,000 shares in the company, valued at approximately $2,200,000. The trade was a 15.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert J. Scaringe sold 34,818 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $15.00, for a total transaction of $522,270.00. Following the completion of the transaction, the chief executive officer owned 922,286 shares of the company’s stock, valued at approximately $13,834,290. The trade was a 3.64% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 78,630 shares of company stock worth $1,309,504 over the last three months. Insiders own 1.48% of the company’s stock.

Institutional Investors Weigh In On Rivian Automotive

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. grew its holdings in shares of Rivian Automotive by 113.6% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,880 shares of the electric vehicle automaker’s stock worth $26,000 after purchasing an additional 1,000 shares during the last quarter. Core Wealth Advisors LLC purchased a new stake in shares of Rivian Automotive in the 4th quarter valued at about $27,000. SOA Wealth Advisors LLC. lifted its holdings in shares of Rivian Automotive by 894.2% in the 4th quarter. SOA Wealth Advisors LLC. now owns 1,551 shares of the electric vehicle automaker’s stock valued at $31,000 after purchasing an additional 1,395 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Rivian Automotive in the 3rd quarter valued at about $31,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Rivian Automotive in the 4th quarter valued at about $33,000. 66.25% of the stock is currently owned by institutional investors and hedge funds.

Rivian Automotive Company Profile

Rivian Automotive, Inc is an American automotive technology company specializing in the design, development and manufacture of electric vehicles. The company is best known for its all-electric R1 platform, which underpins the R1T pickup truck and R1S sport utility vehicle. In addition to consumer products, Rivian has secured a significant commercial contract to produce electric delivery vans for a leading e-commerce provider, underscoring its capability to serve both retail and fleet customers.

Founded in 2009 by engineer and entrepreneur Robert “RJ” Scaringe, Rivian has grown from a research-focused startup into a publicly traded corporation.