Rivian Automotive, Inc. (NASDAQ:RIVN – Get Free Report) shares were up 8.1% during trading on Monday . The stock traded as high as $20.20 and last traded at $20.14. 38,932,043 shares traded hands during trading, an increase of 28% from the average session volume of 30,511,127 shares. The stock had previously closed at $18.63.
Rivian Automotive News Summary
Here are the key news stories impacting Rivian Automotive this week:
- Positive Sentiment: Rivian reported stronger-than-expected Q2 deliveries and raised its 2026 delivery outlook to 65,000-70,000 vehicles, signaling improving operational momentum and boosting investor confidence. Rivian Stock in Focus on Q2 Delivery Beat, Raises Full-Year Outlook to 70,000 Vehicles
- Positive Sentiment: JPMorgan increased its price target on Rivian after the delivery results, reflecting improved sentiment around the company’s near-term execution and the rollout of its R2 platform. Rivian stock jumps as JPMorgan raises target after strong Q2 deliveries
- Positive Sentiment: The broader EV sector is also getting a lift, with Tesla, Lucid, and Rivian all moving higher in a risk-on rebound for electric-vehicle stocks. Tesla Rises 6% on Robotaxi and Delivery Momentum, Rivian and Lucid Jump 7%, Nio Gains 5% in EV Sector Rally
- Neutral Sentiment: Some analysts note that while the rally is being driven by stronger deliveries, the stock may already be pricing in a lot of optimism after its sharp recent run. Rivian Stock Soars on Target Price Hike. There’s Just One Problem.
- Negative Sentiment: JPMorgan still maintains a Sell rating on Rivian despite the higher target, suggesting some skepticism remains about how much upside is left from current levels. Rivian Stock Soars on Target Price Hike. There’s Just One Problem.
Analyst Ratings Changes
Several research firms have recently weighed in on RIVN. Wall Street Zen upgraded Rivian Automotive from a “strong sell” rating to a “sell” rating in a research note on Sunday, May 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $23.00 price objective on shares of Rivian Automotive in a research report on Wednesday, June 10th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Rivian Automotive in a report on Monday, June 15th. TD Cowen reissued a “buy” rating and issued a $20.00 target price on shares of Rivian Automotive in a research report on Wednesday, June 3rd. Finally, BNP Paribas Exane restated an “outperform” rating and set a $22.00 target price (down from $23.00) on shares of Rivian Automotive in a research note on Friday, May 1st. Twelve research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat.com, Rivian Automotive currently has an average rating of “Hold” and an average target price of $18.57.
Rivian Automotive Stock Performance
The company has a quick ratio of 1.64, a current ratio of 2.10 and a debt-to-equity ratio of 1.00. The company has a market cap of $24.99 billion, a PE ratio of -6.90 and a beta of 1.60. The business’s fifty day moving average is $15.65 and its 200-day moving average is $16.28.
Insider Activity at Rivian Automotive
In other news, CFO Claire Mcdonough sold 10,245 shares of Rivian Automotive stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of $18.00, for a total transaction of $184,410.00. Following the transaction, the chief financial officer owned 946,814 shares in the company, valued at $17,042,652. This trade represents a 1.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert J. Scaringe sold 34,818 shares of the business’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 sale, the chief executive officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 80,076 shares of company stock worth $1,256,286 over the last quarter. Insiders own 1.48% of the company’s stock.
Institutional Trading of Rivian Automotive
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Core Wealth Advisors LLC bought a new position in shares of Rivian Automotive in the fourth quarter worth about $27,000. SOA Wealth Advisors LLC. grew its stake in shares of Rivian Automotive by 894.2% during the 4th quarter. SOA Wealth Advisors LLC. now owns 1,551 shares of the electric vehicle automaker’s stock valued at $31,000 after acquiring an additional 1,395 shares during the period. Zions Bancorporation National Association UT purchased a new stake in Rivian Automotive in the 4th quarter worth approximately $33,000. Glass Jacobson Investment Advisors llc increased its holdings in Rivian Automotive by 96.3% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 1,737 shares of the electric vehicle automaker’s stock worth $34,000 after acquiring an additional 852 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. raised its stake in Rivian Automotive by 113.6% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,880 shares of the electric vehicle automaker’s stock worth $26,000 after acquiring an additional 1,000 shares during the period. Hedge funds and other institutional investors own 66.25% of the company’s stock.
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.
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