Wall Street Zen Downgrades Rivian Automotive (NASDAQ:RIVN) to Sell

Key Points

• Wall Street Zen downgraded Rivian Automotive from “hold” to “sell,” while broader analyst sentiment remains mixed: 12 analysts rate it a buy, eight a hold and seven a sell. The consensus rating is “Hold,” with a target price of $19.05.
• Rivian reported quarterly revenue of $1.66 billion, exceeding expectations, and an adjusted loss of $0.63 per share versus the expected $0.66 loss. However, the company continues to post substantial losses, including a negative net margin of 54.96%.
• The stock opened at $15.74, below its 50-day moving average of $16.57, while insiders sold $718,956 worth of shares over the past three months. Institutional investors remain significant holders, owning 66.25% of the company.

Rivian Automotive (NASDAQ:RIVN - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a note issued to investors on Saturday, Wall Street Zen reports.

A number of other analysts also recently commented on RIVN. DA Davidson boosted their price target on shares of Rivian Automotive from $14.00 to $15.00 and gave the stock a "neutral" rating in a research report on Monday, May 11th. Piper Sandler upgraded shares of Rivian Automotive from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $18.00 to $20.00 in a report on Monday, July 27th. Royal Bank Of Canada raised their price objective on shares of Rivian Automotive from $14.00 to $16.00 and gave the company a "sector perform" rating in a research note on Friday, July 31st. Needham & Company LLC reissued a "buy" rating on shares of Rivian Automotive in a report on Monday, August 10th. Finally, Weiss Ratings upgraded Rivian Automotive from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Monday, July 6th. Twelve analysts have rated the stock with a Buy rating, eight have given a Hold rating and seven have given a Sell rating to the company's stock. According to data from MarketBeat.com, Rivian Automotive presently has an average rating of "Hold" and a consensus target price of $19.05.

Rivian Automotive Trading Down 1.1%

NASDAQ:RIVN opened at $15.74 on Friday. The stock has a market cap of $22.79 billion, a price-to-earnings ratio of -6.10 and a beta of 1.62. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.65 and a current ratio of 2.10. Rivian Automotive has a 1 year low of $12.39 and a 1 year high of $22.69. The business has a fifty day moving average of $16.57 and a 200-day moving average of $15.91.

Rivian Automotive (NASDAQ:RIVN - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The electric vehicle automaker reported ($0.63) earnings per share for the quarter, beating analysts' consensus estimates of ($0.66) by $0.03. The business had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.52 billion. Rivian Automotive had a negative net margin of 54.96% and a negative return on equity of 73.90%. The company's revenue was up 27.2% on a year-over-year basis. During the same period in the previous year, the business earned ($0.97) earnings per share. Equities analysts predict that Rivian Automotive will post -2.98 earnings per share for the current year.

Insider Transactions at Rivian Automotive

In other Rivian Automotive news, Director Karen Boone sold 20,000 shares of the business's stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $20.00, for a total transaction of $400,000.00. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Claire McDonough sold 13,144 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $14.50, for a total transaction of $190,588.00. Following the sale, the chief financial officer directly owned 827,201 shares of the company's stock, valued at $11,994,414.50. This represents a 1.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 41,167 shares of company stock worth $718,956 in the last three months. 1.48% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Rivian Automotive

Several hedge funds have recently made changes to their positions in RIVN. Parallel Advisors LLC grew its position in Rivian Automotive by 4.0% during the 1st quarter. Parallel Advisors LLC now owns 16,056 shares of the electric vehicle automaker's stock worth $242,000 after purchasing an additional 613 shares in the last quarter. Illinois Municipal Retirement Fund boosted its position in shares of Rivian Automotive by 1.6% in the fourth quarter. Illinois Municipal Retirement Fund now owns 43,282 shares of the electric vehicle automaker's stock worth $853,000 after buying an additional 686 shares during the period. Utah Retirement Systems boosted its position in shares of Rivian Automotive by 0.6% in the fourth quarter. Utah Retirement Systems now owns 128,500 shares of the electric vehicle automaker's stock worth $2,533,000 after buying an additional 744 shares during the period. Tradition Wealth Management LLC grew its holdings in shares of Rivian Automotive by 5.7% during the fourth quarter. Tradition Wealth Management LLC now owns 14,056 shares of the electric vehicle automaker's stock valued at $277,000 after buying an additional 753 shares in the last quarter. Finally, Siemens Fonds Invest GmbH grew its holdings in shares of Rivian Automotive by 7.7% during the third quarter. Siemens Fonds Invest GmbH now owns 10,874 shares of the electric vehicle automaker's stock valued at $160,000 after buying an additional 780 shares in the last quarter. Hedge funds and other institutional investors own 66.25% of the company's stock.

Key Headlines Impacting 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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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