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]
4% less funds holding
Funds holding: 721 [Q2] → 689 (-32) [Q3]
6.68% less ownership
Funds ownership: 66.01% [Q2] → 59.33% (-6.68%) [Q3]
19% less first-time investments, than exits
New positions opened: 81 | Existing positions closed: 100
32% less capital invested
Capital invested by funds: $9.79B [Q2] → $6.67B (-$3.12B) [Q3]
45% less call options, than puts
Call options by funds: $749M | Put options by funds: $1.37B
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
UBS Joseph Spak 27% 1-year accuracy 3 / 11 met price target | 1%downside $14 | Neutral Maintained | 16 Jan 2025 |
Truist Securities Jordan Levy 21% 1-year accuracy 9 / 42 met price target | 1%downside $14 | Hold Maintained | 16 Jan 2025 |
Cantor Fitzgerald Andres Sheppard 83% 1-year accuracy 125 / 150 met price target | 9%downside $13 | Overweight Reiterated | 6 Jan 2025 |
Baird George Gianarikas 52% 1-year accuracy 25 / 48 met price target | 13%upside $16 | Neutral Downgraded | 18 Dec 2024 |
Goldman Sachs Mark Delaney 60% 1-year accuracy 18 / 30 met price target | 16%downside $12 | Neutral Maintained | 14 Nov 2024 |
Financial journalist opinion
Based on 72 articles about RIVN published over the past 30 days