Rivian Automotive (NASDAQ:RIVN) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen lowered shares of Rivian Automotive (NASDAQ:RIVN) from a hold rating to a sell rating in a research report report published on Saturday morning,Wall Street Zen reports.

Other equities research analysts also recently issued reports about the company. DA Davidson increased their price target on Rivian Automotive from $14.00 to $15.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Jefferies Financial Group boosted their price objective on Rivian Automotive from $16.00 to $17.00 and gave the company a “hold” rating in a report on Tuesday, July 7th. Piper Sandler raised Rivian Automotive from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $18.00 to $20.00 in a research report on Monday, July 27th. Weiss Ratings upgraded Rivian Automotive from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, July 6th. Finally, UBS Group lifted their target price on Rivian Automotive from $16.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Twelve investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $19.05.

Rivian Automotive Price Performance

Rivian Automotive stock opened at $15.74 on Friday. Rivian Automotive has a 12-month low of $12.39 and a 12-month high of $22.69. The company has a current ratio of 2.10, a quick ratio of 1.65 and a debt-to-equity ratio of 0.87. The firm has a 50-day moving average price of $16.57 and a 200-day moving average price of $15.91. The firm has a market capitalization of $22.79 billion, a PE ratio of -6.10 and a beta of 1.62.

Rivian Automotive (NASDAQ:RIVN) last issued its quarterly earnings results on Thursday, July 30th. The electric vehicle automaker reported ($0.63) EPS for the quarter, beating the consensus estimate of ($0.66) by $0.03. Rivian Automotive had a negative net margin of 54.96% and a negative return on equity of 73.90%. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the prior year, the firm posted ($0.97) EPS. The firm’s revenue was up 27.2% compared to the same quarter last year. As a group, equities research analysts forecast that Rivian Automotive will post -2.98 EPS for the current year.

Insider Activity at Rivian Automotive

In other news, Director Karen Boone sold 20,000 shares of Rivian Automotive 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 of the company’s stock, valued at approximately $2,200,000. The trade was a 15.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Claire McDonough sold 8,023 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $16.00, for a total value of $128,368.00. Following the completion of the sale, the chief financial officer owned 819,178 shares of the company’s stock, valued at $13,106,848. The trade was a 0.97% 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 41,167 shares of company stock valued at $718,956 in the last ninety days. Insiders own 1.48% of the company’s stock.

Institutional Investors Weigh In On Rivian Automotive

Several hedge funds have recently made changes to their positions in RIVN. California State Teachers Retirement System increased its stake in shares of Rivian Automotive by 1,696.5% during the second quarter. California State Teachers Retirement System now owns 22,267,094 shares of the electric vehicle automaker’s stock valued at $386,334,000 after buying an additional 21,027,647 shares during the period. Norges Bank purchased a new stake in Rivian Automotive in the fourth quarter worth about $220,323,000. Renaissance Technologies LLC grew its holdings in Rivian Automotive by 32.4% during the 4th quarter. Renaissance Technologies LLC now owns 16,397,496 shares of the electric vehicle automaker’s stock worth $323,195,000 after acquiring an additional 4,012,386 shares in the last quarter. Bank of New York Mellon Corp bought a new position in Rivian Automotive during the 2nd quarter worth about $49,915,000. Finally, Capital International Investors increased its position in Rivian Automotive by 13.2% during the 4th quarter. Capital International Investors now owns 20,769,844 shares of the electric vehicle automaker’s stock valued at $409,374,000 after purchasing an additional 2,418,717 shares during the period. 66.25% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Rivian Automotive

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

• Positive Sentiment: Rivian’s gross profitability has improved significantly compared with some EV peers, strengthening its investment case relative to Lucid. However, investors continue to weigh that progress against the company’s ongoing cash burn. Better Stock: Lucid vs. Rivian? (Hint: Unit Economics and Gross Profits Are Key.)
• Positive Sentiment: Rivian’s leadership team will participate in upcoming Goldman Sachs and Morgan Stanley investor conferences, giving management an opportunity to discuss autonomy and artificial-intelligence technology, vehicle strategy and financial priorities with investors. Rivian to Participate at Upcoming Investor Conferences
• Neutral Sentiment: Analysts and commentators are comparing Rivian with BYD and Lucid. Rivian benefits from Amazon backing and production growth, but its valuation and funding requirements remain important considerations for investors. BYD vs. Rivian: Evaluating the Better Automotive Stock to Buy for 2026
• Neutral Sentiment: Rivian’s relative stability while Tesla and other EV names attracted attention highlights continued sector-driven trading, including positioning ahead of Tesla’s Cybercab event. Tesla Advances 6% as Traders Await Cybercab Event, Lucid Rises 3%, Rivian Ticks Up
• Negative Sentiment: CFO Claire McDonough will leave Rivian on October 30, with Derek Mulvey serving as interim CFO. Because McDonough has been a key financial leader since the company’s IPO, the unexpected transition raises concerns about execution, financial planning and Rivian’s ability to manage its funding needs. Rivian Announced That Its CFO Is Stepping Down

About Rivian Automotive

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.