The Wall Street analyst updates the price of the Rivien shares after the separation in a new company
Rivian (Nasdaq: Rivn) has received an update from Wall Street after the company announced the main changes in its business structure.
It is worth noting that Rivian Stock had an impressive race in the last sessions, and gained more than 10 % last week. On the monthly graph, RIVN increased by 7 %. However, as of the time of the press, the Rivian share price showed weakness, a decrease of approximately 0.8 % to $ 12.26.
Rivian shares update update
Regarding stock expectations, Truist Securities again confirmed its “Hold” rating on Rivian on March 26 and maintained a $ 14 targeted price.
The update comes amid the Rivian Strategic Resolution to rotate the accurate capacity unit to a new company. It is worth noting that the EV maker also revealed the creation, which is a new project dedicated to the accurate influence, with a focus on marketing small electric cars such as electronic bikes, alive EVS, and microcredit.
The exhibition is supported by $ 105 million investment from Eclipse Ventures for Rivian and Riverure Capital. Rivian will also keep the minority share, with the appointment of the CEO of Rivian Chris Yu as CEO of the new company and CEO RJ SCARING. The new entity was appointed to launch its pioneering consumer product in the fall of 2025.
Truist Securities Jordan Levy analysts and optimistic about development, focusing on a long -term possible value for the minority share in Rivian as well.
“Rivian’s show also offers an optional play in Micromobility, but it is too early to measure its long -term effect. <...> With planning to launch its pioneering consumer product this fall, from our point of view, it is too early to determine what this can be concerned in the long term for Rivn.
Although uncertainty, including the unclear financial influence of accidental and competitive risks in the accurate susceptibility sector, Truist Securities maintains biological expectations as the company is awaiting more clarity regarding the new project.
The pessle of Wall Street on Rivain stocks
In general, Wall Street’s look is often landmark and cautious about the next ev maker.
For example, on March 20, Piper Sandler Rivian reduced “weight gain” to “neutral”, which reduced its target price from $ 19 to $ 13. The company recognized the rural strength points, including self -reliance in electronics and software and its latest project in the joint Volkswagen, which improved its public budget. However, analysts have struggled to determine the main growth drivers for 2025.
On March 17, Vijay Rakesh in Mizuho also reduced the price of Rivian from $ 13 to $ 11 while maintaining a “neutral” rating. The company has realized the Solid EV wallet in Rivian, but it was martyred with limited stimuli in the short term, which reduced estimates due to the customs tariff and the general slowdown in the EV sector.
Daniel Royceka, the Bernstein analyst, remained the most distinctive, as he repeated the “Weak Performance” rating with a price of only $ 6.10. The company referred to the challenges of Rivian in a slow electric car battery market (Bev) and its relatively narrow products as major obstacles to growth.
Distinctive image from Shutterstock
