Mizuho Lowers Rivian Price Target to $10, Keeps Underperform

Analyst: Vijay Rakesh 1 min read Reproduced verbatim
Rating
Underperform
Target
$10
from $13 (−23%)
Downside
−16%
RIVN at $11.95 today
Mizuho and Rivian logos

What the analyst said

Mizuho analyst Vijay Rakesh lowered the price target on Rivian (NASDAQ: RIVN) to $10.00 (from $13) while maintaining an Underperform rating.

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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 $11.95. The 9 analysts who set a target in the last 3 months range from $10 to $23, with a median of $18. This $10 target is 44% below the median, the lowest on the Street.

12-month window: day 0 of 365, closes on October 30, 2027.

Track record

This callOpen: a 12-month target, scored on October 30, 2027, a year after the note.

Firm track recordMizuho: 93% of its 61 targets at least a year old were reached within 12 months (#3 of 21 firms); on Rivian, 5 of 7. Accuracy ranking →

Earnings reactionOne of 5 notes after Rivian’s Oct 29 results: 0 raised · 3 cut · 2 kept. See every call →

Mizuho on Rivian

Mizuho price targets on Rivian

8 calls from May 16, 2025 to October 30, 2026. The target went from $13 to $10 (−23%). The rating moved from Hold to Sell.

Mizuho targetRIVN share price
  1. October 30, 2026 This noteTarget cut from $13 (−23%)Sell$10
  2. May 1, 2026Target raised from $11 (+18%)Sell$13
  3. February 13, 2026Target raised from $10 (+10%)Sell$11
  4. October 20, 2025Downgraded to Sell, target cut from $14 (−29%)Sell$10
  5. September 23, 2025Target raised from $12 (+17%)Hold$14
  6. August 6, 2025Target cut from $13 (−8%)Hold$12
  7. June 27, 2025Kept the $13 targetHold$13
  8. May 16, 2025Earliest call shownHold$13
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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.