Rivian (RIVN) names former Waymo CEO to Board of Directors

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Wallstreet watches as Rivian (RIVN) on target for $1B quarter

August 7, 2023 2:57 PM EDT

Michigan-based Rivian Automotive (NASDAQ: RIVN) is scheduled to release their 2Q earnings results on Tuesday after the bell. Anticipation is high among investors as the electric vehicle manufacturer is expected to achieve a remarkable milestone with projected revenue reaching $1B, driven by impressive quarterly production... More

Rivian Automotive (RIVN) Appoints John Krafcik to its Board

August 2, 2023 4:05 PM EDT

On July 30, 2023, the Board of Directors (the "Board") of Rivian Automotive (NASDAQ: RIVN) increased the size of the Board and elected John Krafcik to serve as a Class III director of the Company with a term expiring at the 2024 annual meeting of stockholders, effective July... More

Cantor Fitzgerald cuts Rivian (RIVN) to Neutral following recent surges and increased competition

August 1, 2023 9:33 AM EDT

Cantor Fitzgerald downgraded Rivian Automotive (NASDAQ: RIVN) to a Neutral rating (From Overweight) and raised their 12-month price target on the stock to $29.00 (From $27.00) ahead of the automakers 2Q earnings report on recent outperformance in the share price and on increased competition.

Analyst, Andres Sheppard wrote in a note, With the recent surge in share price, and since Rivian's stock has increased more than 49% YTD and traded up... More

Cantor Fitzgerald Downgrades Rivian Automotive Inc (RIVN) to Neutral on Valuation

August 1, 2023 6:06 AM EDT

(Updated - August 1, 2023 6:32 AM EDT)

Cantor Fitzgerald analyst Andres Sheppard downgraded Rivian Automotive Inc (NASDAQ: RIVN) from Overweight to Neutral with a price target of $29.00 (from $27.00).

The analyst comments "We are downgrading to Neutral (from OW), but increasing our PT on... More