Stifel Rivian · RIVN

Stifel Maintains Buy on Rivian, $22 Price Target

Analyst: Stephen Gengaro 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$22
Unchanged
Upside
+62%
RIVN at $13.54 today

2nd-highest of 11 current targets on Rivian, 22% above the $18 median. Stifel has reached 83% of its year-old targets (42 scored).

Stifel and Rivian logos

What the analyst said

Stifel analyst Stephen Gengaro reiterated a Buy rating and $22 price target on Rivian (NASDAQ: RIVN).

“In the eighth installment of our “30 Stocks in 30 Days” series, we highlight Rivian Automotive, a developer and manufacturer of electric vehicles. The critical R2 midsize SUV seems to be off to a great start, with higher order conversions and several awards including winning 2027 Motor Trend SUV of the Year.

In addition, Rivian’s progress on autonomy appears strong, which we believe will be a market share driver over time. RIVN is the first entry in our “Carson Benge” category,* who showed great promise in his 2026 rookie season and has significant upside.”

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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 $13.54. 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.

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

Track record

This callOpen: RIVN has not reached $22 yet. This 12-month target is scored on November 9, 2027. Same target as this firm’s November 9, 2026 note, so it is scored there.

Firm track recordStifel: 83% of its 42 targets at least a year old were reached within 12 months (#5 of 26 firms); on Rivian, 4 of 4. Accuracy ranking →

Stifel on Rivian

Stifel price targets on Rivian

8 calls from August 8, 2025 to November 12, 2026. The target went from $16 to $22 (+38%). The rating stayed Buy.

Stifel targetRIVN share price
  1. November 12, 2026 This noteKept the $22 targetBuy$22
  2. November 9, 2026Kept the $22 targetBuy$22
  3. August 24, 2026Kept the $22 targetBuy$22
  4. July 9, 2026Target raised from $20 (+10%)Buy$22
  5. March 19, 2026Kept the $20 targetBuy$20
  6. February 17, 2026Target raised from $17 (+18%)Buy$20
  7. November 17, 2025Target raised from $16 (+6%)Buy$17
  8. August 8, 2025Earliest call shownBuy$16
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Other analysts on Rivian

UBSBuy Upgraded Nov 2 $17 Morgan StanleySell Cut price target −7%, kept ratingCut target Oct 30 $13from $14−7% MizuhoSell Cut price target −23%, kept ratingCut target Oct 30 $10from $13−23% CantorHold Cut price target −16%, kept ratingCut target Oct 30 $16from $19−16% EvercoreBuy Kept rating and price targetReiterated 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.