BBaird RRivian · RIVN

Baird Lowers Rivian’s Price Target to $23

Feb 13, 2026· 1 min read· Reproduced verbatim

Rating

Buy

Price target

$23

$25

Implied upside

+64%

Baird analyst Ben Kallo lowered the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $23.00 (from $25.00) while maintaining a Outperform rating.

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.

Baird analyst Ben Kallo lowered the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $23.00 (from $25.00) while maintaining a Outperform rating.

Previous notes from Baird on Rivian

Other Rivian notes