Stifel Rivian · RIVN

Stifel Raises Rivian Price Target to $22

Analyst: Stephen Gengaro 1 min read Reproduced verbatim
Rating
Buy
Target
$22
from $20 (+10%)
Upside
+62%
RIVN at $13.61 today
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What the analyst said

Stifel analyst Stephen Gengaro raised the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $22 (from $20) while maintaining a Buy rating.

“We are updating our model to reflect RIVN’s strong 2Q26 deliveries and preliminary revenue expectations, as well as its 75 million share equity offering.

We believe the rollout of the R2 is a critical milestone for RIVN and should drive sharply higher volumes going forward. We maintain our Buy rating with a $22 target price.”

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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 $22 target is 22% above the median.

Since the note RIVN has moved −18% (from $16.66). 12-month window: day 122 of 365, closes on July 9, 2027.

Track record

This callOpen: RIVN has not reached $22 yet. This 12-month target is scored on July 9, 2027.

Firm track recordStifel: 83% of its 42 targets at least a year old were reached within 12 months (#6 of 26 firms); on Rivian, 4 of 4. Accuracy ranking →

Stifel on Rivian

Stifel price targets on Rivian

8 calls from May 7, 2025 to August 24, 2026. The target went from $16 to $22 (+38%). The rating stayed Buy.

Stifel targetRIVN share price
  1. August 24, 2026Kept the $22 targetBuy$22
  2. July 9, 2026 This noteTarget raised from $20 (+10%)Buy$22
  3. March 19, 2026Kept the $20 targetBuy$20
  4. February 17, 2026Target raised from $17 (+18%)Buy$20
  5. November 17, 2025Target raised from $16 (+6%)Buy$17
  6. August 8, 2025Target cut from $18 (−11%)Buy$16
  7. May 12, 2025Target raised from $16 (+13%)Buy$18
  8. May 7, 2025Earliest call shownBuy$16
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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 EvercoreBuy Kept rating and price target Oct 30 $18maintained
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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.