Piper Sandler Lowers Rivian’s Price Target to $18
- Rating
- Hold
- Unchanged
- Target
- $18
- from $20 (−10%)
- Outcome
- Reached
- on June 3, 2026

What the analyst said
Piper Sandler analyst Alexander Potter lowered the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $18.00 (from $20.00) while maintaining a Neutral rating.
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.
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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 0% (from $14). 12-month window: day 238 of 365, closes on February 13, 2027.
Track record
This call✓ Target reached on June 3, 2026, 4 months after the note.
Firm track recordPiper Sandler: 84% of its 19 targets at least a year old were reached within 12 months (#9 of 20 firms); on Rivian, 3 of 3. Accuracy ranking →
Piper Sandler on Rivian
Piper Sandler price targets on Rivian
6 calls from March 20, 2025 to July 27, 2026. The target went from $13 to $20 (+54%). The rating moved from Hold to Buy.
- July 27, 2026Upgraded to Buy, target raised from $18 (+11%)Buy$20
- February 13, 2026 This noteTarget cut from $20 (−10%)Hold$18
- January 8, 2026Target raised from $14 (+43%)Hold$20
- August 6, 2025Target cut from $15 (−7%)Hold$14
- May 22, 2025Target raised from $13 (+15%)Hold$15
- March 20, 2025Earliest call shownHold$13



