Rating
Hold
Price target
$14
Previous
Implied downside
-20%

RBC Capital analyst Tom Narayan reiterated on December 4, 2025, a ‘Sector Perform’ rating and $14 price target on Rivian.

“We applaud Rivian for its autonomy pivot especially given our view that level 3 autonomy will be a critical step for all OEMs.

Its goal of in-sourcing could make autonomy a profit center, which is important especially given the company’s liquidity situation.

All that said, while we see December 11’s event as important, being able to scale R2/R3 profitably will be far more critical for investors.

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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.