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DA Davidson Upgrades Rivian Automotive (RIVN)

Fintel
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⚡ Quantum Brief
DA Davidson upgraded Rivian Automotive’s rating from Underperform to Neutral on April 1, 2026, signaling a shift in analyst sentiment toward the EV maker. The average one-year price target for Rivian is $18.59, implying a 23.5% upside from its $15.05 closing price, with forecasts ranging from $11.11 to $26.25. Revenue is projected to surge 620% to $38.81 billion annually, though non-GAAP EPS remains negative at -$5.88, reflecting ongoing profitability challenges. Institutional ownership fell 25% last quarter, with 829 funds holding shares, though JPMorgan and Capital International increased their stakes by 74% and 12%, respectively. A bearish put/call ratio of 1.02 contrasts with the upgrade, while Amazon maintains its 12.8% stake, underscoring mixed market confidence.
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks RIVN DA Davidson Upgrades Rivian Automotive (RIVN) April 01, 2026 — 08:04 pm EDT Written by George Maybach for Fintel-> Fintel reports that on April 1, 2026, DA Davidson upgraded their outlook for Rivian Automotive (NasdaqGS:RIVN) from Underperform to Neutral.

Analyst Price Forecast Suggests 23.50% Upside As of March 27, 2026, the average one-year price target for Rivian Automotive is $18.59/share. The forecasts range from a low of $11.11 to a high of $26.25. The average price target represents an increase of 23.50% from its latest reported closing price of $15.05 / share. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Rivian Automotive is 38,810MM, an increase of 620.44%. The projected annual non-GAAP EPS is -5.88. What is the Fund Sentiment? There are 829 funds or institutions reporting positions in Rivian Automotive. This is an decrease of 282 owner(s) or 25.38% in the last quarter. Average portfolio weight of all funds dedicated to RIVN is 0.20%, an increase of 0.20%. Total shares owned by institutions decreased in the last three months by 0.87% to 711,159K shares. The put/call ratio of RIVN is 1.02, indicating a bearish outlook. What are Other Shareholders Doing? Amazon Com holds 158,364K shares representing 12.80% ownership of the company. No change in the last quarter. Baillie Gifford holds 43,781K shares representing 3.54% ownership of the company. In its prior filing, the firm reported owning 44,937K shares , representing a decrease of 2.64%. The firm decreased its portfolio allocation in RIVN by 43.12% over the last quarter. Jpmorgan Chase holds 22,067K shares representing 1.78% ownership of the company. In its prior filing, the firm reported owning 5,693K shares , representing an increase of 74.20%. The firm increased its portfolio allocation in RIVN by 445.36% over the last quarter.

Capital International Investors holds 20,770K shares representing 1.68% ownership of the company. In its prior filing, the firm reported owning 18,351K shares , representing an increase of 11.65%. The firm increased its portfolio allocation in RIVN by 47.54% over the last quarter.

Two Sigma Advisers holds 20,660K shares representing 1.67% ownership of the company. In its prior filing, the firm reported owning 14,280K shares , representing an increase of 30.88%. The firm increased its portfolio allocation in RIVN by 88.72% over the last quarter. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.Click to Learn MoreThis story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags Stocks Fintel Fintel is a leading provider of financial data and insights for intelligent, data-driven investors. With coverage of over 75,000 listed companies on all major stock exchanges, Fintel has the most comprehensive coverage of global equities at prices individual investors can afford. Check out our Unique Analysis of Insider Sentiment for Rivian Automotive, Inc.-> Find out what the Options Markets think of Rivian Automotive, Inc.-> See our take on Rivian Automotive, Inc. Upcoming Earnings-> More articles by this source-> Stocks mentioned RIVN More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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