Rivian Automotive (NASDAQ:RIVN) Shares Down 2.1% – Here’s What Happened

Rivian Automotive, Inc. (NASDAQ:RIVN) dropped 2.1% on Friday . The stock traded as low as $15.01 and last traded at $15.27. Approximately 20,732,617 shares changed hands during trading, a decline of 37% from the average daily volume of 32,685,896 shares. The stock had previously closed at $15.59.

Rivian Automotive News Roundup

Here are the key news stories impacting Rivian Automotive this week:

• Positive Sentiment: Q4 results and software/services strength — Rivian reported ~ $1.3B in Q4 revenue, beat top- and bottom-line estimates, and highlighted improving profitability in its software & services segment, supporting the thesis of margin recovery. Rivian Q4 revenue & software profitability
• Positive Sentiment: Bullish analyst support and guidance lift the growth case — Firms and commentators point to Rivian’s 2026 delivery guidance (62k–67k vehicles) and services mix as catalysts for multi-year revenue growth if R2 demand materializes. Forbes on services & guidance
• Positive Sentiment: Broker reiterations/maintains — Baird kept an Outperform rating, signaling continued institutional conviction among some analysts. Baird Outperform on Rivian
• Neutral Sentiment: Stock is trending and widely discussed — Rivian has been one of the most-searched/talked-about tickers lately; increased attention can amplify moves but is not directional by itself. Zacks trending stock coverage
• Neutral Sentiment: Mixed analyst positioning — some banks have moved to Hold/Hold-like ratings (e.g., Barclays/others), producing a range of price targets that keeps consensus at a neutral tilt. Barclays hold on Rivian
• Negative Sentiment: Insider selling by top executives — CFO Claire Mcdonough sold 27,133 shares and CEO Robert Scaringe sold 34,900 shares at ~ $16.80 each on Feb. 18; while both retain large stakes, these concurrent sales have pressured sentiment. CFO sale report CEO sale report
• Negative Sentiment: Analyst downgrade/caution — DA Davidson cut to Underperform (citing aggressive R2 ramp assumptions), adding downside risk if the R2 launch or early demand disappoints. DA Davidson downgrade
• Negative Sentiment: R2 execution risk remains a headline risk — multiple commentaries warn the stock is sensitive to any miss on R2 production, deliveries or margins; that risk can quickly reverse the recent gains. R2 execution risk coverage

Wall Street Analysts Forecast Growth

RIVN has been the subject of several analyst reports. Tigress Financial raised their target price on shares of Rivian Automotive from $21.00 to $25.00 and gave the stock a “buy” rating in a report on Friday, November 14th. Stifel Nicolaus boosted their price objective on Rivian Automotive from $17.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday. Wolfe Research downgraded Rivian Automotive from a “peer perform” rating to an “underperform” rating in a research report on Monday, January 12th. Canaccord Genuity Group reiterated a “buy” rating on shares of Rivian Automotive in a research report on Monday, December 15th. Finally, Benchmark upped their price target on shares of Rivian Automotive from $18.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Nine research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and seven have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.71.

Rivian Automotive Price Performance

The company has a market cap of $18.72 billion, a PE ratio of -4.97 and a beta of 1.76. The company has a quick ratio of 1.89, a current ratio of 2.33 and a debt-to-equity ratio of 0.97. The firm has a 50 day simple moving average of $17.59 and a 200-day simple moving average of $15.41.

Rivian Automotive (NASDAQ:RIVN) last released its quarterly earnings results on Thursday, February 12th. The electric vehicle automaker reported ($0.66) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.02. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Rivian Automotive had a negative net margin of 67.68% and a negative return on equity of 65.05%. The company’s revenue was down 25.8% compared to the same quarter last year. During the same period last year, the business earned ($0.70) EPS. As a group, research analysts predict that Rivian Automotive, Inc. will post -3.2 earnings per share for the current fiscal year.

Insider Transactions at Rivian Automotive

In related news, CEO Robert J. Scaringe sold 34,900 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $16.80, for a total transaction of $586,320.00. Following the transaction, the chief executive officer directly owned 1,044,731 shares of the company’s stock, valued at $17,551,480.80. This represents a 3.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Claire Mcdonough sold 27,133 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $16.80, for a total value of $455,834.40. Following the completion of the sale, the chief financial officer directly owned 680,836 shares of the company’s stock, valued at approximately $11,438,044.80. This represents a 3.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 182,187 shares of company stock valued at $3,185,878 in the last quarter. 2.16% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Rivian Automotive

Large investors have recently bought and sold shares of the company. Core Wealth Advisors LLC acquired a new stake in Rivian Automotive during the 4th quarter valued at approximately $27,000. SOA Wealth Advisors LLC. boosted its holdings in Rivian Automotive by 894.2% in the fourth quarter. SOA Wealth Advisors LLC. now owns 1,551 shares of the electric vehicle automaker’s stock valued at $31,000 after purchasing an additional 1,395 shares during the last quarter. Zions Bancorporation National Association UT purchased a new position in shares of Rivian Automotive during the 4th quarter valued at about $33,000. Glass Jacobson Investment Advisors llc lifted its holdings in shares of Rivian Automotive by 96.3% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 1,737 shares of the electric vehicle automaker’s stock valued at $34,000 after buying an additional 852 shares during the period. Finally, Assetmark Inc. lifted its holdings in shares of Rivian Automotive by 315.6% in the 2nd quarter. Assetmark Inc. now owns 1,787 shares of the electric vehicle automaker’s stock valued at $25,000 after buying an additional 1,357 shares during the period. Hedge funds and other institutional investors own 66.25% of the company’s stock.

About Rivian Automotive

Rivian Automotive, Inc is an American automotive technology company specializing in the design, development and manufacture of electric vehicles. The company is best known for its all-electric R1 platform, which underpins the R1T pickup truck and R1S sport utility vehicle. In addition to consumer products, Rivian has secured a significant commercial contract to produce electric delivery vans for a leading e-commerce provider, underscoring its capability to serve both retail and fleet customers.

Founded in 2009 by engineer and entrepreneur Robert “RJ” Scaringe, Rivian has grown from a research-focused startup into a publicly traded corporation.