Cantor Fitzgerald Raises Estimates for Rivian Automotive Inc (RIVN), Reiterates Neutral Rating

Cantor Fitzgerald analyst Andres Sheppard reiterated a Neutral rating and $19.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).

The analyst commented, "In our model, we update our 2Q26 vehicle delivery estimate to reflect the company's announcement, which results in an increase to our 2Q26 revenue to ~$1,592.4M (from prior ~$1,320.2M). We also increase our FY26 vehicle delivery estimate to 67,511 (from prior 65,000) to reflect the company's updated guidance, resulting in an increase to our FY26 revenue to ~$7,341M (from prior ~$7,149.0M)."

For an analyst ratings summary and ratings history on Rivian Automotive Inc click here. For more ratings news on Rivian Automotive Inc click here.

Shares of Rivian Automotive Inc closed at $16.48 yesterday.

You May Also Be Interested In

• Stripe, Advent In Talks To Buy Paypal - WSJ
• Freedom Broker Upgrades Lifeway Foods (LWAY) to Buy
• Boeing lands two U.S. defense contracts worth over $711M