Piper Sandler Lowers Rivian’s Price Target to $18

February 13, 2026 1 min read Reproduced verbatim
Rating
Hold
Unchanged
Target
$18
from $20 (−10%)
Outcome
Reached
on June 3, 2026
Piper Sandler and Rivian logos

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.

Disclaimer
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.

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.

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 →

Earnings reactionOne of 10 notes after Rivian’s Feb 12 results: 7 of 10 raised targets. See every call →

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.

Piper Sandler targetRIVN share price
  1. July 27, 2026Upgraded to Buy, target raised from $18 (+11%)Buy$20
  2. February 13, 2026 This noteTarget cut from $20 (−10%)Hold$18
  3. January 8, 2026Target raised from $14 (+43%)Hold$20
  4. August 6, 2025Target cut from $15 (−7%)Hold$14
  5. May 22, 2025Target raised from $13 (+15%)Hold$15
  6. March 20, 2025Earliest call shownHold$13
Share
Share on
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.