Rivian Automotive, Inc. develops and manufactures electric adventure vehicles. It offers five-passenger pickup trucks and sports utility vehicles. The company provides electric SUVs and electric pickup vehicles. The company was founded in 2009 and is based in San Jose, California. It has additional facilities in Irvine, Carson, and Palo Alto, California; Normal, Illinois; Woking, United Kingdom; Plymouth, Michigan; Vancouver, Canada; and Wittman, Arizona.
IPO Year: 2021
Exchange: NASDAQ
Website: rivian.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/14/2025 | Buy → Neutral | Guggenheim | |
5/14/2025 | $16.00 | Buy → Hold | Jefferies |
3/20/2025 | $19.00 → $13.00 | Overweight → Neutral | Piper Sandler |
3/7/2025 | $12.70 | Hold | TD Cowen |
2/24/2025 | $13.00 → $10.00 | Neutral → Underperform | BofA Securities |
2/21/2025 | $13.00 → $15.00 | Overweight → Neutral | Cantor Fitzgerald |
1/29/2025 | $6.10 | Underperform | Bernstein |
12/18/2024 | $18.00 → $16.00 | Outperform → Neutral | Robert W. Baird |
12/9/2024 | $18.00 | Buy | The Benchmark Company |
11/8/2024 | $20.00 → $13.00 | Buy → Neutral | BofA Securities |
IQHQ, Inc., a premier life science real estate development company, has announced the signing of premium retail leases and an event space operator at RaDD, IQHQ's transformative life science district on San Diego's downtown waterfront. These new, high-quality partnerships total approximately 50% of the district's nearly 200,000 square foot retail footprint. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003314143/en/Rivian Showroom at RaDD. Courtesy IQHQ / Photo by Sudenim Visual Media "RaDD is a premier district designed to benefit both the industry we serve and the broader community with world-class shopping, dining, events,
Rivian Automotive, Inc. (NASDAQ:RIVN) today announced it has appointed Dr. Kjell Gruner as its Chief Commercial Officer and President, Business Growth. Gruner is joining Rivian from Porsche Cars North America, Inc. (PCNA), where he was most recently President and CEO. Gruner starts at Rivian today and will report directly to Rivian Founder and CEO RJ Scaringe. At Rivian, Gruner will oversee Rivian's commercial function including Sales, Marketing, Customer Care, Delivery, Service, and Fleet. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230901891588/en/Rivian appoints Dr. Kjell Gruner as Chief Commercial Officer and President, B
Guggenheim downgraded Rivian Automotive from Buy to Neutral
Jefferies downgraded Rivian Automotive from Buy to Hold and set a new price target of $16.00
Piper Sandler downgraded Rivian Automotive from Overweight to Neutral and set a new price target of $13.00 from $19.00 previously
TD Cowen initiated coverage of Rivian Automotive with a rating of Hold and set a new price target of $12.70
BofA Securities downgraded Rivian Automotive from Neutral to Underperform and set a new price target of $10.00 from $13.00 previously
Cantor Fitzgerald downgraded Rivian Automotive from Overweight to Neutral and set a new price target of $15.00 from $13.00 previously
Bernstein initiated coverage of Rivian Automotive with a rating of Underperform and set a new price target of $6.10
Robert W. Baird downgraded Rivian Automotive from Outperform to Neutral and set a new price target of $16.00 from $18.00 previously
The Benchmark Company initiated coverage of Rivian Automotive with a rating of Buy and set a new price target of $18.00
BofA Securities downgraded Rivian Automotive from Buy to Neutral and set a new price target of $13.00 from $20.00 previously
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500-person office space to complement new, state-of-the-art manufacturing facility in Georgia Rivian, Georgia Governor Brian Kemp, and Atlanta Mayor Andre Dickens today announced the American electric vehicle company will establish a new East Coast Headquarters in Atlanta, Georgia as part of its landmark investment in the state. The office will open in late 2025, followed by further expansion in 2026 as construction accelerates at the company's new manufacturing site in Social Circle, just outside the city. Rivian will occupy the top floor and lobby of Portman Holdings' Junction Krog District building at 667 Auburn Ave NE, adjacent to the famous Eastside Trail of the Atlanta Beltline—ea
A new EV destination in Laval, designed and built by MONTONI Images available here LAVAL, QC, July 16, 2025 /CNW/ - Electric-vehicle manufacturer Rivian, in partnership with Montoni Group, held a groundbreaking ceremony today marking the official start of construction on its new service centre in Québec. The event, held in Laval, was attended by the city's mayor, Stéphane Boyer. The planned facility is a key step in the expansion of Rivian's Canadian operations and speaks to the company's commitment to better serving its Québec customers. Rivian's project in Laval addresses a concrete need for a permanent service point that is accessible and conveniently located for Québec drivers, with con
Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production and delivery totals for the quarter ending June 30, 2025. The company produced 5,979 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,661 vehicles during the same period. Production was limited during the second quarter in preparation for model year 2026 vehicles expected to launch later this month. Production and delivery results for the quarter are in line with Rivian's outlook. Rivian is also reaffirming its 2025 delivery guidance range of 40,000 to 46,000 vehicles. Following its second quarter of gross profit in Q1 2025, on June 30 Rivian received a $1 billion equity investment from Volkswage
Rivian (NASDAQ:RIVN) has today announced that on Thursday, June 12, 2025, at 12:00 p.m. EDT, its CFO, Claire McDonough, will participate in a fireside chat at the Deutsche Bank Global Auto Industry Conference. A live webcast of the chat will be available here, and a recording of the session will be available on the same link following the event. About Rivian: Rivian (NASDAQ:RIVN) is an American automotive manufacturer that develops and builds category-defining electric vehicles as well as software and services that address the entire lifecycle of the vehicle. The company creates innovative and technologically advanced products that are designed to excel at work and play with the goal
Rivian Automotive, Inc. (NASDAQ:RIVN) ("Rivian") today announced that Rivian Holdings, LLC (the "Company"), Rivian, LLC ("Rivian LLC") and Rivian Automotive, LLC ("Rivian Automotive" and, together with the Company and Rivian LLC, the "Co-Issuers") priced their private offering of $1,250,000,000 aggregate principal amount of 10.000% senior secured green notes due 2031 (the "notes"). Rivian expects to use the net proceeds from the offering of the notes, together with cash on hand, to redeem in full the $1,250,000,000 aggregate principal amount of the Co-Issuers' outstanding floating rate senior secured notes due 2026 (the "2026 Notes") and pay related fees and expenses. This press release doe
Rivian Automotive, Inc. (NASDAQ:RIVN) ("Rivian") today announced that Rivian Holdings, LLC (the "Company"), Rivian, LLC ("Rivian LLC") and Rivian Automotive, LLC ("Rivian Automotive" and, together with the Company and Rivian LLC, the "Co-Issuers") intend to offer, subject to market and other customary conditions, $1,250,000,000 aggregate principal amount of senior secured green notes due 2031 (the "notes") in a private offering. Rivian expects to use the net proceeds from the offering of the notes, together with cash on hand, to redeem in full the $1,250,000,000 aggregate principal amount of the Co-Issuers' outstanding floating rate senior secured notes due 2026 (the "2026 Notes") and pay r
Rivian Automotive, Inc. (NASDAQ:RIVN) today announced that on Wednesday, June 4, 2025 at 8:50 AM ET, Rivian Founder and CEO RJ Scaringe will participate in a fireside chat at the UBS Auto & Auto Tech Conference. A live webcast will be available here. About Rivian: Rivian (NASDAQ:RIVN) is an American automotive manufacturer that develops and builds category-defining electric vehicles as well as software and services that address the entire lifecycle of the vehicle. The company creates innovative and technologically advanced products that are designed to excel at work and play with the goal of accelerating the global transition to zero-emission transportation and energy. Rivian vehicles ar
Rivian Automotive, Inc. (NASDAQ:RIVN) today announced that on Tuesday, June 3, 2025, at 3:30PM ET, Rivian Founder and CEO RJ Scaringe will participate in a fireside chat at the TD Cowen 9th Annual Future of the Consumer Conference. A live webcast will be available here. About Rivian: Rivian (NASDAQ:RIVN) is an American automotive manufacturer that develops and builds category-defining electric vehicles as well as software and services that address the entire lifecycle of the vehicle. The company creates innovative and technologically advanced products that are designed to excel at work and play with the goal of accelerating the global transition to zero-emission transportation and energy
Partnership provides commercial customers ability to simplify fleet operations Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations® Platform, and Rivian (NASDAQ:RIVN), American all-electric vehicle manufacturer, today announced a collaboration designed to simplify the complexities of electric fleet management. With this new integration, Samsara customers can now access data on Rivian vehicles in their fleet on the Samsara Platform. This collaboration addresses the evolving needs of businesses managing diverse fleets, including the growing adoption of Rivian Commercial Vans. By integrating directly with Rivian's platform, the partnership gives customers immediate v
$206 million of positive gross profit in the first quarter of 2025 Unlocked an expected $1 billion investment from Volkswagen Group Significant progress made on R2 development and factory expansion Completed over 36,000 demo drives during the first quarter of 2025 - the highest number of drives in a quarter to date Rivian Automotive, Inc. (NASDAQ:RIVN) today announced its first-quarter 2025 financial results. Rivian achieved a gross profit of $206 million, its second consecutive quarter of gross profit. Hitting this milestone has unlocked an expected $1 billion investment from Volkswagen Group as part of its investment in Rivian following the formation of their joint venture - R
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Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production and delivery totals for the quarter ending June 30, 2025. The company produced 5,979 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,661 vehicles during the same period. Production was limited during the second quarter in preparation for model year 2026 vehicles expected to launch later this month. Production and delivery results for the quarter are in line with Rivian's outlook. Rivian is also reaffirming its 2025 delivery guidance range of 40,000 to 46,000 vehicles. Following its second quarter of gross profit in Q1 2025, on June 30 Rivian received a $1 billion equity investment from Volkswage
Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production and delivery totals for the quarter ending March 31, 2025. The company produced 14,611 vehicles at its manufacturing facility in Normal, Illinois and delivered 8,640 vehicles during the same period. As discussed on its last earnings call, production and delivery results for the quarter are in line with Rivian's outlook of approximately 14,000 vehicles produced and approximately 8,000 vehicles delivered. Rivian is also reaffirming its 2025 delivery range guidance of 46,000 to 51,000 vehicles. The company also announced that on May 6th, 2025 after market close, it will release its first quarter 2025 financial results. Rivian w
Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production and delivery totals for the quarter and full-year ending December 31, 2024. The company produced 12,727 vehicles at its manufacturing facility in Normal, Illinois and delivered 14,183 vehicles during the same period. On a full-year 2024 basis, the company produced 49,476 vehicles and delivered 51,579. These figures were in line with management's full-year 2024 guidance of 47,000 to 49,000 vehicles produced and 50,500 to 52,000 vehicles delivered. In addition, the previously discussed shortage of a shared component on the R1 and RCV platforms is no longer a constraint on Rivian's production. The company also announced that
Washington, D.C., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Rivian, Patagonia and Sol Systems, have joined forces to advance renewable energy in North Carolina through an innovative Renewable Energy Certificate and Community Impact Agreement (REC-CIA). This groundbreaking partnership is centered around the 50 MWac Lick Creek Solar project in Stokes County, NC, which will supply clean energy and contribute to a more sustainable future. The project is not only a step towards reducing carbon emissions but also a demonstration of how businesses can use renewable energy procurement to create positive social and environmental impacts. The Lick Creek Solar project benefits the local community today thr
Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production and delivery totals for the quarter ending September 30, 2024. The company produced 13,157 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,018 vehicles during the same period. Rivian is experiencing a production disruption due to a shortage of a shared component on the R1 and RCV platforms. This supply shortage impact began in Q3 of this year, has become more acute in recent weeks and continues. As a result of the supply shortage, Rivian is revising its annual production guidance to be between 47,000 and 49,000 vehicles. The company is also reaffirming its annual delivery outlook of low single digi
Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production and delivery totals for the quarter ending June 30, 2024. The company produced 9,612 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,790 vehicles during the same period. Production and delivery results during the second quarter of 2024 were in line with Rivian's expectations. For the full year 2024, management is reaffirming guidance for annual production of 57,000 total vehicles. The company also announced that on August 6th, after market close, it will release its second quarter 2024 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance
Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production and delivery totals for the quarter ending March 31, 2024. The company produced 13,980 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,588 vehicles during the same period. Production and delivery results during the first quarter of 2024 were in line with Rivian's expectations. For the full year 2024, management is reaffirming guidance for annual production of 57,000 total vehicles. The company also announced that on May 7th, after market close, it will release its first quarter 2024 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and
Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production totals for the quarter and full-year ending December 31, 2023. The company produced 17,541 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,972 vehicles during the same period. On a full-year 2023 basis, the company produced 57,232 vehicles and delivered 50,122. This exceeded management's most recent full-year 2023 production guidance of 54,000 vehicles. The company also announced that on February 21st, after market close, it will release its fourth quarter 2023 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and outlook for the busin
Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production totals for the quarter ending September 30, 2023. The company produced 16,304 vehicles at its manufacturing facility in Normal, Illinois and delivered 15,564 vehicles during the same period. These figures remain in line with the company's expectations, and it believes it is on track to deliver on the 52,000 annual production guidance previously provided. The company also announced that on November 7th, after market close, it will release its third quarter 2023 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and outlook for the business. The live webcast will be
Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production totals for the quarter ending June 30, 2023. The company produced 13,992 vehicles at its manufacturing facility in Normal, Illinois and delivered 12,640 vehicles during the same period. These figures remain in line with the company's expectations, and it believes it is on track to deliver on the 50,000 annual production guidance previously provided. The company also announced that on August 8th, after market close, it will release its second quarter 2023 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and outlook for the business. The live webcast will be avail
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