Drooid Logo
Back to today’s briefing

Story perspectives

Rivian Rated 'Hold' Amid Strong Earnings, Insider Concerns

3/7/2025

50 6

1 of 1

Story summary
  • TD Cowen has assigned Rivian Automotive (NASDAQ:RIVN) a "hold" rating with a price target of $12.70, indicating a 15.14% upside.
  • Rivian's stock opened at $11.03, with a consensus rating of "Hold" and an average price target of $14.78.
  • The company reported a quarterly EPS of ($0.63) and revenue of $1.73 billion, surpassing expectations.
  • Recent insider share sales raise concerns about future stock performance.
  • Institutional investors hold 66.25% of Rivian's stock, highlighting strong interest in the electric vehicle sector.