DA Davidson Raises Rivian Price Target to $15
DA Davidson analyst Michael Shilsky raised the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $15.00 (from $13.00) while maintaining a Neutral rating.
“We are maintaining our NEUTRAL rating on RIVN, with a new price target of $15 (from $13) following 3Q:25 earnings.
It was a bit more of the same in 3Q, which is not necessarily a bad thing: the R2 continued to make progress during the quarter.
RIVN was also able to reduce tariff impacts from “a few thousand” per vehicle to “a few hundred,” and the company teased an Autonomy Day next month.
At the same time, R1 trends appear challenging, and key milestones like winter testing underpin 2026 funding.
We’re staying on the sidelines, for now, given the balance of risks and opportunities ahead.”
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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.
