Baird has upgraded Rivian Automotive Inc (RIVN) to Outperform from Neutral, signaling a more optimistic view on the electric vehicle manufacturer's future. This upgrade, effective December 17, 2025, comes as the company, headquartered in Irvine, California, continues to develop its category-defining electric vehicles and accessories.
Currently priced at $18.64, Rivian has a market capitalization of $18.2 billion and an earnings per share (EPS) of -3.11. The firm is known for its R1 platform, which includes the R1T pickup truck and the R1S SUV, as well as its commercial offerings like the Electric Delivery Van developed in partnership with Amazon.
The upgrade reflects improved fundamentals or enhanced confidence in Rivian's strategic direction. Analyst ratings can provide valuable insights, but they are ultimately based on assumptions and estimates that may not always come to fruition. Investors should weigh these ratings alongside company fundamentals, competitive positioning, and broader industry trends.
Upcoming earnings reports are also on the horizon, with expectations for a loss of $0.68 per share and revenue of $1.6 billion scheduled for August 3, 2026. Analyst consensus currently stands at 36 total ratings, including 5 Strong Buy, 11 Buy, 16 Hold, and 4 Sell, indicating a general Hold sentiment.
As analyst opinions may shift with new information, it's essential for investors to consider a variety of factors before making decisions.