Citi Rivian · RIVN

Citi Initiates Rivian at Neutral, $18 Price Target

1 min read Reproduced verbatim
Rating
Neutral
New coverage
Target
$18
First target
Upside
+32%
RIVN at $13.61 today
Citi and Rivian logos

What the analyst said

Citi analyst Michael Ward initiated coverage on Rivian Automotive Inc.

(NASDAQ: RIVN) with a Neutral rating and a price target of $18.

“Our current valuation reflects the launch risks with the R2, and we are initiating coverage with 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 $13.61. 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 −15% (from $16.03). 12-month window: day 53 of 365, closes on September 14, 2027.

Track record

This callOpen: RIVN has not reached $18 yet. This 12-month target is scored on September 14, 2027.

Firm track recordCiti: 88% of its 41 targets at least a year old were reached within 12 months (#3 of 26 firms). Accuracy ranking →

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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.