Rivian's (RIVN) Q1 earnings come short, production outlook reaffirmed; stock down
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Needham on Rivian Automotive Inc (RIVN), 'Still See A Long Term Winner'
May 8, 2024 7:05 AM EDTNeedham analyst Chris Pierce reiterated a Buy rating and $13.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).
The analyst comments "We reiterate our Buy rating on RIVN and maintain our price target of $13 post 1Q results and company commentary. We... More
Rivian Automotive Inc (RIVN) PT Lowered to $15 at Cantor Fitzgerald
May 8, 2024 6:40 AM EDTCantor Fitzgerald analyst Andres Sheppard lowered the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $15.00 (from $23.00) while maintaining a Overweight rating.
The analyst comments "We reiterate our Overweight rating, but we lower our 12-month PT to $15 (from $23) on Rivian (RIVN)... More
Rivian Automotive Inc (RIVN) PT Lowered to $10 at Wells Fargo
May 8, 2024 6:14 AM EDTWells Fargo analyst Colin Langan lowered the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $10.00 (from $14.00) while maintaining a Equal Weight rating.
The analyst comments "RIVN headline Q1 EBITDA beat consensus, though missed ex. special charges. The company held FY adj... More
Rivian Automotive (RIVN) Misses Q1 EPS by 33c, Beats on Revenue, Delivers 13,588 EVs, Reaffirms Guidance
May 7, 2024 4:16 PM EDT(Updated - May 7, 2024 4:19 PM EDT)
Rivian Automotive (NASDAQ: RIVN) reported Q1 EPS of ($1.48), $0.33 worse than the analyst estimate of ($1.15). Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.15 billion.
Produced 13,980 vehicles and delivered 13,588 vehicles in... More