Needham Reiterates Buy Rating on Rivian Automotive with $14 Price Target

Needham analyst Chris Pierce maintains a Buy rating on Rivian Automotive with a price target of $14.00. Pierce has a 43.52% success rate on recommended stocks. Rivian Automotive has a consensus Hold rating with a price target consensus of $13.79, a 1.62% upside from current levels.

Needham & Company LLC analyst Chris Pierce has maintained a Buy rating on Rivian Automotive (RIVN) with a price target of $14.00, according to a recent report [1]. This reaffirmation comes ahead of the company’s R2 launch, which is expected to expand Rivian’s total addressable market beyond its current offerings [2].

Pierce’s rating reflects a potential upside of 6.95% from the current price, indicating confidence in Rivian’s future prospects. Despite reporting a loss of $0.97 per share in the latest quarter, Rivian’s revenue increased by 12.5% year-over-year to $1.30 billion, showing signs of growth [1].

Analysts overall have a mixed view of Rivian, with five giving a Buy rating, eighteen a Hold rating, and three a Sell rating, resulting in a consensus rating of Hold with an average target price of $13.69 [3]. This consensus rating is slightly lower than Pierce’s target price, suggesting a more conservative view among analysts.

Rivian’s recent stock performance has been volatile, with shares trading up 0.8% on Monday, August 25, reaching $13.21, and subsequently trading up 1.9% on Wednesday, August 27, to $13.47 [3]. The company’s market capitalization stands at $16.03 billion, with a PE ratio of -4.09 and a beta of 1.80 [3].

Pierce’s track record is notable, with a 43.52% success rate on recommended stocks, providing investors with a level of confidence in his analysis [1]. However, the consensus rating and the varied analyst opinions highlight the potential risks and uncertainties associated with Rivian’s stock.

Rivian Automotive is an electric vehicle (EV) manufacturer that designs, develops, manufactures, and sells consumer vehicles and accessories. The company offers a two-row, five-passenger pickup truck (R1T) and a three-row, seven-passenger sport utility vehicle (R1S) [1].

Investors should closely monitor Rivian’s upcoming R2 launch and other strategic developments to gauge the potential impact on the company’s stock performance. As with any investment, thorough research and consideration of all available information are essential.

References:
[1] https://www.marketbeat.com/instant-alerts/rivian-automotives-rivn-buy-rating-reaffirmed-at-needham-company-llc-2025-08-25/
[2] https://finance.yahoo.com/news/rivian-rivn-price-target-reaffirmed-190736111.html
[3] https://www.marketbeat.com/instant-alerts/rivian-automotive-nasdaqrivn-trading-up-19-heres-why-2025-08-27/