Rivian Automotive (RIVN) Misses Q2 EPS by 21c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St futures muted as oil gains curb risk appetite after S&P record close
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- Reddit to join S&P 500 index on Aug. 18, shares leap
Rivian Automotive Inc (RIVN) PT Lowered to $18 at Needham
August 7, 2024 6:55 AM EDTNeedham analyst Chris Pierce lowered the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $18.00 (from $20.00) while maintaining a Buy rating.
The analyst comments "We reiterate our Buy rating but lower our price target to $18 post 2Q results and company... More
Cantor Fitzgerald Reiterates Overweight Rating on Rivian Automotive Inc (RIVN)
August 7, 2024 6:03 AM EDTCantor Fitzgerald analyst Andres Sheppard reiterated an Overweight rating and $19.00 price target on Rivian Automotive Inc (NASDAQ: RIVN)
The analyst comments "Targeting Modest Positive Gross Margin in 4Q24 and Positive Gross Margins in FY25: In 2Q24, RIVN recorded gross margins of (39%) vs. our estimate of (41%), and vs. 1Q24 gross margins of (44%). Management reaffirmed its expectations to report positive GM in 4Q24 (we model a 4Q24 Gross Margin of 1%), and disclosed that it expects positive... More
