Rivian Automotive (RIVN) Stock Forecast & Price Target

Rivian Automotive
Bull Case

Here are some ways that investors could benefit from investing in Rivian Automotive, Inc.:

• The stock is currently trading at $13.29, which is significantly below the consensus price target of $19.50 set by fifteen equities research analysts, suggesting substantial potential for upside if the company meets its operational goals.
• Rivian Automotive, Inc. recently reported third-quarter earnings that beat expectations, with an actual loss per share of $0.48 compared to the consensus estimate of $0.64, while revenue of $2.15 billion exceeded the $2 billion forecast and grew 38.3% year-over-year.
• UBS upgraded the stock to a Buy rating on November 2, 2026, citing improving demand prospects for the R2 model and the potential for higher automotive gross margins as production of the lower-priced vehicle increases.
• The company raised its delivery guidance to 67,000-70,000 units, indicating that the R2, its most affordable electric vehicle, is driving significant growth and that initial demand for the new model looks solid.
• Rivian Automotive, Inc. has a current ratio of 2.18 and a quick ratio of 1.70, indicating a strong liquidity position that allows the company to cover its short-term liabilities with its liquid assets.