Wedbush Cuts Rivian’s Price Target from $18 to $16
Wedbush analyst Daniel Ives lowered on August 6, 2025, the price target on Rivian to $16 (from $18) while maintaining a ‘Outperform’ rating.
“RIVN announced its FY2Q25 results featuring a slight top-line beat and a bottom-line miss while lowering its Adj.
EBITDA guidance as the company navigates the murky EV macro backdrop including changes to regulatory credits and tariff impacts on the business.
Total revenue came in at $1.303 billion above the Street’s $1.290 billion estimate as RIVN benefitted from higher ASPs with the company’s software and services segment continues to see growth with revenue coming in at $376.0 million above the prior period of $318.0 million as the new electrical architecture and software development services gain further traction across its customer base while noting ~$182.0 million coming from the company’s JV with Volkswagen.
Rivian continues to be a work in progress as the company navigates through supply chain difficulties.
We maintain our OUTPERFORM rating while lowering our price target from $18 to $16 reflecting continued tariff challenges over the coming quarters for RIVN.”
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.
