Wells Fargo Lowers Rivian Price Target to $13
- Rating
- Hold
- Target
- $13
- from $14 (−7%)
- Outcome
- Reached
- on May 7, 2025
What the analyst said
Wells Fargo analyst Colin Langan lowered the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $13 (from $14) while maintaining an Equal Weight rating.
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
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Where the price stands
RIVN trades at $13.96. The 11 analysts who set a target in the last 3 months range from $14 to $23, with a median of $20. This $13 target is 35% below the median, the lowest on the Street.
Since the note RIVN has moved +3% (from $13.50). The 12-month window closed on May 7, 2026.
Track record
This call✓ Target reached on May 7, 2025, 0 days after the note.
Firm track recordWells Fargo: 59% of its 17 targets at least a year old were reached within 12 months (#19 of 20 firms); on Rivian, 3 of 3. Accuracy ranking →
Wells Fargo on Rivian
Wells Fargo price targets on Rivian
5 calls from February 21, 2025 to July 31, 2026. The target went from $14 to $16 (+14%). The rating stayed Hold.
- July 31, 2026Target raised from $15 (+7%)Hold$16
- February 13, 2026Target raised from $12 (+25%)Hold$15
- August 6, 2025Target cut from $13 (−8%)Hold$12
- May 7, 2025 This noteTarget cut from $14 (−7%)Hold$13
- February 21, 2025Earliest call shownHold$14
