Rivian · RIVN Daily Market Briefing

Neutral

Rivian's stock rises 2.1% to $17.46 amid mixed analyst sentiment.

In the past 24 hours, Rivian's stock experienced a modest 2.1% increase, closing at $17.46. Analyst opinions remain mixed, with a consensus 'Hold' rating and an average price target of $17.71. Recent developments include insider selling and a significant portion of shares held by institutional investors.

Key points

  • Rivian's stock rose 2.1% to $17.46, recovering from a previous decline.
  • Analyst consensus remains 'Hold' with an average price target of $17.71.
  • Recent filings show notable insider selling, including director Karen Boone and CEO Robert J. Scaringe.
  • Institutional investors own a large majority of Rivian's stock at 66.25%.

Sources

AI-generated from public news sources. Not financial advice.

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