Jefferies Raises Rivian Price Target to $17
- Rating
- Hold
- Target
- $17
- from $16 (+6%)
- Outcome
- Reached
- on July 7, 2026
What the analyst said
Jefferies analyst Owen Paterson raised the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $17 (from $16) while maintaining a Hold rating.
“Rivian is taking advantage of a rally in shares post Q2 volume disclosure to raise equity.
Details on the auto sales beat are limited but we assume a mix of EDV, ZEV income and R2, which validates a credible path to reaching positive gross margin by YE. We raise Q2 and FY estimates.
Cash burn will remain significant through 2027-28 on production ramp and capacity build but the proposed capital raise significantly improves the funding profile. PT up $1 to $17.”
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Where the price stands
RIVN trades at $11.45. The 10 analysts who set a target in the last 3 months range from $14 to $23, with a median of $19.50. This $17 target is 13% below the median.
Since the note RIVN has moved −43% (from $20.14). 12-month window: day 114 of 365, closes on July 7, 2027.
Track record
This call✓ Target reached on July 7, 2026, 0 days after the note.
Firm track recordJefferies: 90% of its 10 targets at least a year old were reached within 12 months. Accuracy ranking →
Jefferies on Rivian
Jefferies price targets on Rivian
2 calls from March 3, 2026 to July 7, 2026. The target went from $15 to $17 (+13%). The rating stayed Hold.
- July 7, 2026 This noteTarget raised from $15 (+13%)Hold$17
- March 3, 2026Earliest call shownHold$15
