Evercore Rivian · RIVN

Evercore ISI Reiterates Outperform Rating on Rivian

1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$18
Unchanged
Outcome
Reached
on June 3, 2026
Evercore and Rivian logos

What the analyst said

Evercore ISI analyst Chris McNally reiterated an Outperform rating and $18.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).

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 $13.61. The 11 analysts who set a target in the last 3 months range from $10 to $23, with a median of $18. This $18 target is in line with the median.

Since the note RIVN has moved −17% (from $16.40). 12-month window: day 190 of 365, closes on May 1, 2027.

Track record

This call✓ Target reached on June 3, 2026, 33 days after the note.

Firm track recordEvercore: 88% of its 16 targets at least a year old were reached within 12 months (#4 of 26 firms). Accuracy ranking →

Earnings reactionOne of 5 notes after Rivian’s Apr 30 results: 2 raised · 1 cut · 2 kept. See every call →

Evercore on Rivian

Evercore price targets on Rivian

3 calls from December 15, 2025 to October 30, 2026. The target stayed at $18. The rating stayed Buy.

Evercore targetRIVN share price
  1. October 30, 2026Kept the $18 targetBuy$18
  2. May 1, 2026 This noteKept the $18 targetBuy$18
  3. December 15, 2025Earliest call shownBuy$18
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Other analysts on Rivian

UBSBuy Upgraded Nov 2 $17 Morgan StanleySell Cut price target −7%, kept rating Oct 30 $13from $14 MizuhoSell Cut price target −23%, kept rating Oct 30 $10from $13 CantorHold Cut price target −16%, kept rating Oct 30 $16from $19 JefferiesBuy Upgraded Oct 30 $17
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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.