Rivian Shares Soar 26.6% as Deutsche Bank Lifts Target to $23, Wedbush $25
Rivian Automotive shares jumped 26.64% to close at $17.73 after three firms lifted ratings and price targets. Deutsche Bank upgraded to buy and raised its target 44% to $23, Wedbush kept a $25 target after a Q4 beat and 54% 2026 growth guidance, and UBS moved to neutral with a $16 target.
1. Stock Price Rally
Rivian shares jumped 26.64% to close at $17.73 following upgrades and target hikes from multiple analysts.
2. Deutsche Bank Upgrade
Deutsche Bank raised its rating to buy from hold and boosted its price target by 44% to $23.
3. Wedbush Outlook
Wedbush affirmed its outperform rating with a $25 target after Rivian beat Q4 earnings expectations and issued 2026 growth guidance of 54% year-on-year. It also highlighted the ramp-up of R1 and R2 production, development of an AI-powered voice assistant and a custom self-driving chip slated for late-year rollout.
4. UBS Adjustment
UBS upgraded its stance to neutral from sell and nudged its price target up to $16, reflecting a more balanced view of Rivian’s near-term potential relative to other tech investments.