Stifel Rivian · RIVN

Stifel Raises Rivian Price Target to $18

May 12, 2025 Analyst: Stephen Gengaro 1 min read Reproduced verbatim
Rating
Buy
Target
$18
from $16 (+13%)
Outcome
Reached
on November 11, 2025
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What the analyst said

Stifel analyst Stephen Gengaro raised the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $18 (from $16) while maintaining a Buy rating.

“While near-term headwinds persist, we believe RIVN is making solid progress toward several key milestones including delivering positive gross profit in 1Q25 and 4Q24, pursuing positive gross profit target for 2025, reducing costs, and launching the critical R2.

We believe RIVN has sufficient liquidity to fund operations through the launch of R2 supported by its balance sheet, and with investments from Volkswagen and the DOE loan would have sufficient capital to fund the ramp of the midsize platform in Georgia.

We believe the long-term story is intact, and we are reiterating our Buy with an $18 target price based on our DCF.”

Disclaimer
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 $18 target is 10% below the median.

Since the note RIVN has moved −2% (from $14.26). The 12-month window closed on May 12, 2026.

Track record

This call✓ Target reached on November 11, 2025, 6 months after the note.

Firm track recordStifel: 96% of its 24 targets at least a year old were reached within 12 months (#3 of 20 firms); on Rivian, 4 of 4. Accuracy ranking →

Stifel on Rivian

Stifel price targets on Rivian

8 calls from February 25, 2025 to July 9, 2026. The target went from $16 to $22 (+38%). The rating stayed Buy.

Stifel targetRIVN share price
  1. July 9, 2026Target raised from $20 (+10%)Buy$22
  2. March 19, 2026Kept the $20 targetBuy$20
  3. February 17, 2026Target raised from $17 (+18%)Buy$20
  4. November 17, 2025Target raised from $16 (+6%)Buy$17
  5. August 8, 2025Target cut from $18 (−11%)Buy$16
  6. May 12, 2025 This noteTarget raised from $16 (+13%)Buy$18
  7. May 7, 2025Kept the $16 targetBuy$16
  8. February 25, 2025Earliest call shownBuy$16
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Other analysts on Rivian

Yorkville IvesBuy Initiated coverage · Oct 7 $20 BairdBuy Kept rating and price target · Oct 5 $23maintained CantorHold Kept rating and price target · Oct 2 $19maintained CantorHold Kept rating and price target · Sep 28 $19maintained CitiHold Initiated coverage · Sep 14 $18
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.