Cantor Fitzgerald Affirms Neutral on Rivian, $15 Price Target
- Rating
- Hold
- Unchanged
- Target
- $15
- Unchanged
- Outcome
- Reached
- on May 15, 2025
What the analyst said
Cantor Fitzgerald analyst Andres Sheppard reiterated a Neutral rating and $15 price target on Rivian Automotive Inc (NASDAQ: RIVN).
“RIVN Revised down its FY25 vehicle delivery guidance to 40,000 – 46,000 vehicles (vs. prior 46,000 – 51,000), which includes EDV deliveries.
Management disclosed that the guidance cut reflects management’s “current view on evolving trade regulation, policies, tariffs, and the overall impact these items may have on consumer sentiment and demand.” Recall that in FY24, Rivian delivered 51,579 vehicles and produced 49,476.
Separately, the company is also raising its FY25 Capex Guidance to $1,800M – $1,900M (from prior $1,600M – $1,700M).
Finally, Rivian reaffirmed its previously guided FY25 Adj. EBITDA of $(1,700M)-$(1,900M).”
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.
This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.
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 $15 target is 25% below the median.
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 15, 2025, 10 days after the note. Same target as this firm’s May 5, 2025 note, so it is scored there.
Firm track recordCantor: 83% of its 24 targets at least a year old were reached within 12 months (#11 of 20 firms); on Rivian, 4 of 4. Accuracy ranking →
Cantor on Rivian
Cantor price targets on Rivian
8 calls from February 21, 2025 to July 14, 2025. The target stayed at $15. The rating stayed Hold.
- July 14, 2025Kept the $15 targetHold$15
- July 7, 2025Kept the $15 targetHold$15
- May 12, 2025Rating only, no price targetHoldNo target
- May 7, 2025 This noteKept the $15 targetHold$15
- May 5, 2025Kept the $15 targetHold$15
- April 7, 2025Rating only, no price targetHoldNo target
- April 3, 2025Kept the $15 targetHold$15
- February 21, 2025Earliest call shownHold$15
