AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
UBS Raises PT to $16, Maintains Neutral on Firm's Outlook
ByAinvest
Friday, Aug 22, 2025 9:49 am ET1min read
UBS Raises PT to $16, Maintains Neutral on Firm's Outlook
UBS Group AG has updated its price target for Rivian Automotive Inc., raising it to $23 from $21 while maintaining a neutral rating. This adjustment comes amidst a broader shift in UBS's holdings, as the Swiss bank has been actively managing its portfolio in the electric vehicle (EV) sector.UBS Group disclosed in a regulatory filing on July 2, 2025, that it had reduced its position in Rivian by nearly 35% during the second quarter of 2025. The bank closed the quarter holding 19,016,860 shares in the company, after selling about 10.1 million shares. This move follows a steady increase in Rivian's stock price, which has seen significant growth since the company's initial public offering (IPO) in late 2021.
In addition to adjusting its Rivian holdings, UBS Group also made changes to its options positions. The bank increased its call options by 28% to 16.82 million shares and trimmed its put options by 5.7% to 582,500 shares. This strategic shift reflects UBS's ongoing assessment of the EV market and its positioning in the sector.
UBS's decision to raise its price target for Rivian is part of a broader trend in the financial community. Institutional investors, including Vanguard and BlackRock, have been consistently updating their portfolios, with both firms increasing their holdings in Rivian during the second quarter. As of the end of June, Rivian's institutional shareholder base held around 650 million shares, with Amazon being the largest individual holder.
UBS's latest move underscores the bank's commitment to providing insightful analysis and strategic advice to its clients. The bank's neutral rating and increased price target reflect a balanced view of Rivian's prospects, acknowledging both the company's growth potential and the risks associated with the EV market.
References:
[1] https://news.futunn.com/en/post/60791689/usd-3700-ubs-group-raises-gold-price-target-expecting-federal
[2] https://eletric-vehicles.com/rivian/ubs-slashes-rivians-holdings-by-35-in-q2/
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet