TSX open
Loading markets…

Advertisement

Stocks

Why Rivian stock is gaining today

By Wealth Awesome -

Follow live quotes and coverage.

Stocks & ETFs:RIVN.US

Follow RIVN

Photos provided by Pexels

Rivian Automotive's stock is on the rise amid recent developments and market dynamics.

Rivian Automotive Inc. (NASDAQ:RIVN) is gaining today, with shares up 1.56% to close at CA$15.26. This uptick comes despite the company recently announcing a significant recall affecting nearly 99,000 vehicles due to a rearview camera visibility issue.

Advertisement

Rivian Automotive Inc

RIVN.US

Full stock page →

RIVN.US

Rivian Automotive Inc

Source:WealthAwesomeWealthAwesome
↓ $1.24 (-7.63%)
68 day period
$14.64$17.39$20.14Jun 17Aug 6Sep 23

Market cap

$21.92B

52W high

$22.69

52W low

$12.39

1W change

-1.38%

Beta

1.62

Analyst Price Targets

Based on 29 analysts covering RIVN · as of Sep 17, 2026

📈

Wall Street analysts forecast RIVN stock price to rise 28.5% over the next 12 months.

Consensus

Hold

3.48 / 5.00

Avg. Target

C$19.31

+28.5% Upside

Current Price

C$15.02

Last close

Analyst Breakdown (29 analysts)

Strong Buy 7
Buy 3
Hold 16
Sell 3
Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on RIVN's historical volatility

HistoricalForecast68%95%
C$7.56C$10.30C$13.04C$15.78C$18.52C$21.26TodayJun 17Aug 6Sep 23Nov 5Dec 19Jan 31

30-Day Vol

40.7%

Annualized

90-Day Vol

68.5%

Annualized

Trend (90d)

-47.3%

Annualized drift

90d Mean

C$12.69

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$14.20C$12.34 – C$16.34
60 trading daysC$13.42C$11.00 – C$16.37
90 trading daysC$12.69C$9.94 – C$16.18

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Advertisement

Investor takeaway: Investors may find optimism in Rivian's ability to address operational challenges while navigating a competitive EV landscape, particularly with the recent recall being managed through over-the-air software updates.

Rivian's stock rises 1.56% amid recall announcement

Despite the recall, Rivian's market cap stands at approximately $21.7 billion, indicating investor confidence in its long-term prospects.

Bull case

Rivian's quick response to the rearview camera issue with an over-the-air update shows its commitment to customer safety and satisfaction. The company's ongoing advancements in electric vehicle technology and production could give it an edge over competitors.

Bear case

The recall of nearly 99,000 vehicles raises questions about Rivian's manufacturing quality and operational execution. As competition heats up in the EV market, any operational missteps could limit the company's growth potential.

Advertisement

Recent Recall and Its Impact

Rivian recently announced the recall of 98,828 vehicles due to a rearview camera visibility issue, which could potentially reduce driver safety. However, the company is addressing the problem with an over-the-air software update, which is a testament to its innovative approach to vehicle management.

Market Position and Competitive Landscape

As Rivian continues to navigate the competitive electric vehicle market, its recent stock gain reflects investor confidence in its ability to innovate and adapt. With competitors like Tesla and new entrants from Saudi Arabia, Rivian's strategy and execution will be critical in maintaining its market position.

Advertisement

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 24, 2026
Last Updated: September 24, 2026

Core portfolio

Awesome Portfolio™

15.1% a year since 2017, against 9.9% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+15.1%

Awesome Portfolio™

+9.9%

S&P/TSX

+5.2 pp better a year

Total return

+260%

Awesome Portfolio™

+137%

S&P/TSX

+123 pp better than the TSX

2017-07-31 to 2026-09-17, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-17
-11.7%42.8%97.2%151.6%206.0%260.4%Jul 17Oct 19Feb 22Jun 24Sep 26

Sponsored links

Advertisement