{"id":42491,"date":"2023-11-08T21:13:16","date_gmt":"2023-11-08T21:13:16","guid":{"rendered":"https:\/?p=42491"},"modified":"2023-11-08T21:16:09","modified_gmt":"2023-11-08T21:16:09","slug":"rivian-automotive-rivnnsd-analysts-cut-target-forecasts","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/","title":{"rendered":"Rivian Automotive (RIVN:NSD) Analysts cut target Forecasts"},"content":{"rendered":"<h2>Analyst Ratings Coverage<\/h2>\n<p>Wells Fargo <a href=\"https:\/\/www.stocktargetadvisor.com\/Analyst-Ranking\/Wells%20Fargo%20%26%20Company\">(Rank#11)<\/a> on November 8th, issued a research report and lowered the 12 month target on Rivian&#8217;s stock to $19 from $24 per share.\u00a0 The analyst maintained the \u201cEqual Weight\u201d rating on the company\u2019s stock.<\/p>\n<p>The target was also lowered by Cantor Fitzgerald &amp; Co. <a href=\"https:\/\/www.stocktargetadvisor.com\/Analyst-Ranking\/Cantor%20Fitzgerald%20%26%20Co.\">(Rank#78)<\/a> to $27 from $29 per share, while maintaining the &#8220;Overweight&#8221; rating on the stock.<\/p>\n<p><!-- STA Widget BEGIN --><\/p>\n<div>\n<div class=\"sta-analyst-rating-widget-display\">\n<p><a style=\"text-decoration: none; color: #4b6db5 !important;\" href=\"https:\/\/www.stocktargetadvisor.com\/stock\/USA\/NSD\/RIVN\" target=\"_blank\" rel=\"noopener\">RIVN Ratings<\/a> by Stock Target Advisor<\/p>\n<\/div>\n<p><script class=\"analyst-rating\" type=\"text\/javascript\" src=\"https:\/\/www.stocktargetadvisor.com\/assets\/js\/analyst_rating_widget.js\" data-symbol=\"RIVN\" data-theme=\"wt_bg_light\" data-uid=\"116707664654bf891a41bd654bf891a41be\" data-width=\"900\" >\n\t\t<\/script><\/p>\n<\/div>\n<h2>RIVN Stock Analysis<\/h2>\n<p><strong>Analyst Target Price<\/strong>: The average analyst target price for<a href=\"https:\/\/www.stocktargetadvisor.com\/stock\/USA\/NSD\/RIVN\/analyst-rating\"> Rivian Automotive Inc<\/a> is USD 26.20 over the next 12 months. This figure is derived from the consensus of 20 financial analysts who specialize in tracking the company. It represents the collective expectation that, based on their analysis of Rivian Automotive Inc&#8217;s financial performance, growth potential, and industry dynamics, the stock is anticipated to reach approximately USD 26.20 within the next year.<\/p>\n<p><strong>Average Analyst Rating<\/strong>: The average analyst rating for Rivian Automotive Inc is described as &#8220;Buy.&#8221; This suggests that, on average, most of the analysts covering the company&#8217;s stock believe it is a favorable investment at its current price. A &#8220;Buy&#8221; rating typically reflects a positive outlook for the stock and indicates that analysts expect it to perform well.<\/p>\n<p><strong>Stock Target Advisor Analysis<\/strong>: Stock Target Advisor provides its own analysis of Rivian Automotive Inc&#8217;s stock, categorizing it as &#8220;Slightly Bearish.&#8221; This categorization is based on a combination of positive and negative signals.<\/p>\n<p><strong>Positive Signals<\/strong>: The analysis identifies 3 positive signals, which might include factors like favorable financial metrics, encouraging industry trends, or positive company-specific developments. These signals could be indicative of reasons to be optimistic about Rivian Automotive Inc&#8217;s stock.<\/p>\n<p><strong>Negative Signals<\/strong>: There are also 4 negative signals, which could encompass concerns such as high valuation, competitive challenges, or economic uncertainties. These signals may indicate reasons for caution or a less favorable outlook for the stock.<\/p>\n<p><strong>Recent Stock Performance<\/strong>: As of the last closing, Rivian Automotive Inc&#8217;s stock price was USD 17.42. Over the past week, the stock price increased by +7.40%, signifying a significant gain in a short time frame. However, over the past month, the stock price declined by -7.93%, indicating some short-term volatility and potential challenges. Over the last year, the stock price experienced a substantial decline of -44.38%, suggesting that it has faced significant obstacles over a longer time period.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analyst Ratings Coverage Wells Fargo (Rank#11) on November 8th, issued a research report and lowered the 12 month target on Rivian&#8217;s stock to $19 from&#8230;<\/p>\n","protected":false},"author":3,"featured_media":25101,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-42491","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v21.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rivian Automotive (RIVN:NSD) Analysts cut target Forecasts | Stock Target Advisor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rivian Automotive (RIVN:NSD) Analysts cut target Forecasts\" \/>\n<meta property=\"og:description\" content=\"Analyst Ratings Coverage Wells Fargo (Rank#11) on November 8th, issued a research report and lowered the 12 month target on Rivian&#8217;s stock to $19 from...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/\" \/>\n<meta property=\"og:site_name\" content=\"Stock Target Advisor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-08T21:13:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-08T21:16:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2022\/12\/StockTargetAdvisor-Frame-17-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"STA Research\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:site\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"STA Research\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/\"},\"author\":{\"name\":\"STA Research\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae\"},\"headline\":\"Rivian Automotive (RIVN:NSD) Analysts cut target Forecasts\",\"datePublished\":\"2023-11-08T21:13:16+00:00\",\"dateModified\":\"2023-11-08T21:16:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/\"},\"wordCount\":384,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"articleSection\":[\"Market News &amp; Insights\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/\",\"name\":\"Rivian Automotive (RIVN:NSD) Analysts cut target Forecasts | Stock Target Advisor\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#website\"},\"datePublished\":\"2023-11-08T21:13:16+00:00\",\"dateModified\":\"2023-11-08T21:16:09+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rivian Automotive (RIVN:NSD) Analysts cut target Forecasts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#website\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\",\"name\":\"Stock Target Advisor\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.stocktargetadvisor.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\",\"name\":\"Stock Target Advisor\",\"alternateName\":\"STA\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg\",\"contentUrl\":\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg\",\"width\":\"225\",\"height\":\"225\",\"caption\":\"Stock Target Advisor\"},\"image\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\",\"https:\/\/twitter.com\/AdvisorTarget\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae\",\"name\":\"STA Research\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g\",\"caption\":\"STA Research\"},\"description\":\"STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/author\/sta-research\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Rivian Automotive (RIVN:NSD) Analysts cut target Forecasts | Stock Target Advisor","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/","og_locale":"en_US","og_type":"article","og_title":"Rivian Automotive (RIVN:NSD) Analysts cut target Forecasts","og_description":"Analyst Ratings Coverage Wells Fargo (Rank#11) on November 8th, issued a research report and lowered the 12 month target on Rivian&#8217;s stock to $19 from...","og_url":"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/","og_site_name":"Stock Target Advisor","article_publisher":"https:\/\/www.facebook.com\/StockTargetAdvisor\/","article_published_time":"2023-11-08T21:13:16+00:00","article_modified_time":"2023-11-08T21:16:09+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2022\/12\/StockTargetAdvisor-Frame-17-2.jpg","type":"image\/jpeg"}],"author":"STA Research","twitter_card":"summary_large_image","twitter_creator":"@AdvisorTarget","twitter_site":"@AdvisorTarget","twitter_misc":{"Written by":"STA Research","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/#article","isPartOf":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/"},"author":{"name":"STA Research","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae"},"headline":"Rivian Automotive (RIVN:NSD) Analysts cut target Forecasts","datePublished":"2023-11-08T21:13:16+00:00","dateModified":"2023-11-08T21:16:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/"},"wordCount":384,"commentCount":0,"publisher":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization"},"articleSection":["Market News &amp; Insights"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/","url":"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/","name":"Rivian Automotive (RIVN:NSD) Analysts cut target Forecasts | Stock Target Advisor","isPartOf":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#website"},"datePublished":"2023-11-08T21:13:16+00:00","dateModified":"2023-11-08T21:16:09+00:00","breadcrumb":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/rivian-automotive-rivnnsd-analysts-cut-target-forecasts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.stocktargetadvisor.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Rivian Automotive (RIVN:NSD) Analysts cut target Forecasts"}]},{"@type":"WebSite","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#website","url":"https:\/\/www.stocktargetadvisor.com\/blog\/","name":"Stock Target Advisor","description":"","publisher":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.stocktargetadvisor.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization","name":"Stock Target Advisor","alternateName":"STA","url":"https:\/\/www.stocktargetadvisor.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/","url":"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg","contentUrl":"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg","width":"225","height":"225","caption":"Stock Target Advisor"},"image":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/StockTargetAdvisor\/","https:\/\/twitter.com\/AdvisorTarget"]},{"@type":"Person","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae","name":"STA Research","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g","caption":"STA Research"},"description":"STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.","url":"https:\/\/www.stocktargetadvisor.com\/blog\/author\/sta-research\/"}]}},"_links":{"self":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/42491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/comments?post=42491"}],"version-history":[{"count":3,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/42491\/revisions"}],"predecessor-version":[{"id":42495,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/42491\/revisions\/42495"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/media\/25101"}],"wp:attachment":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/media?parent=42491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/categories?post=42491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/tags?post=42491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}