Rivian Automotive (NASDAQ:RIVN) Stock Price Down 4.5% - Should You Sell?

Key Points

• Shares down 4.5% — Rivian fell to about $13.73 on Thursday with volume ~29.1M shares, modestly above its average session volume.
• Analyst sentiment is mixed: with 8 Buys, 9 Holds and 7 Sells the MarketBeat consensus is "Hold" and the average price target is $16.74 (individual targets range roughly $10–$25).
• Fundamentals show strong top-line growth but continued losses — Q reported revenue of $1.56B (+78% YoY) beating estimates, yet EPS was -$0.65 with negative margins and ROE; insiders sold ~172,500 shares last quarter.

Rivian Automotive, Inc. (NASDAQ:RIVN - Get Free Report) shares fell 4.5% during trading on Thursday . The stock traded as low as $13.58 and last traded at $13.73. 29,109,292 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 28,397,590 shares. The stock had previously closed at $14.37.

Wall Street Analyst Weigh In

RIVN has been the topic of several research reports. Morgan Stanley reissued an "underweight" rating and set a $12.00 price target on shares of Rivian Automotive in a research report on Monday, December 8th. Robert W. Baird upgraded shares of Rivian Automotive from a "neutral" rating to an "outperform" rating and raised their price target for the stock from $14.00 to $25.00 in a research report on Thursday, December 18th. Mizuho reaffirmed an "underperform" rating and set a $10.00 price objective (down previously from $14.00) on shares of Rivian Automotive in a research report on Monday, October 20th. Weiss Ratings reissued a "sell (d-)" rating on shares of Rivian Automotive in a report on Thursday, January 22nd. Finally, UBS Group restated a "sell" rating and issued a $15.00 target price (up from $13.00) on shares of Rivian Automotive in a research note on Wednesday, January 14th. Eight equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and seven have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $16.74.

Rivian Automotive Trading Down 4.5%

The company has a current ratio of 2.71, a quick ratio of 2.23 and a debt-to-equity ratio of 0.87. The firm has a 50-day moving average price of $17.98 and a 200-day moving average price of $15.26. The company has a market capitalization of $16.83 billion, a price-to-earnings ratio of -4.41 and a beta of 1.76.

Rivian Automotive (NASDAQ:RIVN - Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The electric vehicle automaker reported ($0.65) earnings per share for the quarter, beating the consensus estimate of ($0.71) by $0.06. Rivian Automotive had a negative return on equity of 57.33% and a negative net margin of 61.34%.The business had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the firm posted ($1.08) earnings per share. The company's revenue was up 78.3% on a year-over-year basis. As a group, sell-side analysts predict that Rivian Automotive, Inc. will post -3.2 EPS for the current year.

Insider Transactions at Rivian Automotive

In other Rivian Automotive news, CFO Claire Mcdonough sold 21,210 shares of Rivian Automotive stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $17.14, for a total value of $363,539.40. Following the transaction, the chief financial officer owned 738,056 shares in the company, valued at approximately $12,650,279.84. The trade was a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Peter Krawiec sold 3,655 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $19.45, for a total value of $71,089.75. Following the sale, the director owned 29,122 shares of the company's stock, valued at $566,422.90. This trade represents a 11.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 172,504 shares of company stock valued at $3,012,734 in the last quarter. Insiders own 2.16% of the company's stock.

Institutional Investors Weigh In On Rivian Automotive

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Brighton Jones LLC increased its stake in Rivian Automotive by 28.0% in the 4th quarter. Brighton Jones LLC now owns 17,685 shares of the electric vehicle automaker's stock worth $235,000 after purchasing an additional 3,864 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Rivian Automotive by 1.5% in the first quarter. AQR Capital Management LLC now owns 386,384 shares of the electric vehicle automaker's stock worth $4,733,000 after acquiring an additional 5,590 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Rivian Automotive by 10.1% during the first quarter. Empowered Funds LLC now owns 54,560 shares of the electric vehicle automaker's stock valued at $679,000 after acquiring an additional 4,998 shares during the period. Focus Partners Wealth lifted its position in shares of Rivian Automotive by 29.0% in the 1st quarter. Focus Partners Wealth now owns 64,534 shares of the electric vehicle automaker's stock valued at $803,000 after acquiring an additional 14,497 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of Rivian Automotive by 57.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 5,107 shares of the electric vehicle automaker's stock valued at $64,000 after acquiring an additional 1,856 shares in the last quarter. 66.25% of the stock is 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.

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