RivianRIVN
About: Rivian Automotive Inc designs, develops, and manufactures category-defining electric vehicles and accessories. In the consumer market, the company launched the R1 platform with the first generation of consumer vehicles: the R1T, a two-row, five-passenger pickup truck, and the R1S, a three-row, seven-passenger sport utility vehicle (SUV).
Employees: 16,790
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
42% more repeat investments, than reductions
Existing positions increased: 245 | Existing positions reduced: 173
0% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 7 (+0) [Q3]
5% less funds holding
Funds holding: 721 [Q2] → 688 (-33) [Q3]
6.64% less ownership
Funds ownership: 65.9% [Q2] → 59.26% (-6.64%) [Q3]
29% less first-time investments, than exits
New positions opened: 81 | Existing positions closed: 114
32% less capital invested
Capital invested by funds: $9.77B [Q2] → $6.66B (-$3.12B) [Q3]
45% less call options, than puts
Call options by funds: $749M | Put options by funds: $1.37B
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
Baird George Gianarikas 52% 1-year accuracy 25 / 48 met price target | 16%upside $16 | Neutral Downgraded | 18 Dec 2024 |
Goldman Sachs Mark Delaney 58% 1-year accuracy 18 / 31 met price target | 13%downside $12 | Neutral Maintained | 14 Nov 2024 |
Stifel Stephen Gengaro 50% 1-year accuracy 41 / 82 met price target | 16%upside $16 | Buy Maintained | 11 Nov 2024 |
Mizuho Vijay Rakesh 38% 1-year accuracy 27 / 71 met price target | 20%downside $11 | Neutral Maintained | 8 Nov 2024 |
RBC Capital Tom Narayan 68% 1-year accuracy 19 / 28 met price target | 13%downside $12 | Sector Perform Maintained | 8 Nov 2024 |
Financial journalist opinion
Based on 83 articles about RIVN published over the past 30 days