Rating
Hold
Price target
$18
Previous
—
Implied upside
+12%

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.”

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Other Rivian notes

BairdBuy Reiterate · Sep 10, 2026 $23maintained StifelBuy Reiterate · Aug 24, 2026 $22maintained NeedhamBuy Reiterate · Aug 10, 2026 $23maintained BairdBuy Reiterate · Aug 4, 2026 $23maintained TD CowenBuy Raises target · Jul 31, 2026 $21from $20

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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.