Analyst Predicts Over 20% Decline in Rivian Stock Amid Deteriorating Sales Outlook
Analysts predict a significant decline in Rivian Automotive Inc.’s stock, with a projected drop exceeding 20% amid bleak sales forecasts. This analysis comes from Mizuho Securities, where analyst Vijay Rakesh has revised his price target for Rivian.
Rivian Stock Forecast Cut by Mizuho Analyst
On October 20, 2025, Mizuho lowered its forecast for Rivian’s stock price from $14 to $10, reflecting a bearish stance. This adjustment places the new target approximately 23% lower than the stock’s recent closing value, which was around $13.
Impact of Expiring Tax Credits
The decline in Rivian’s stock can be attributed to the expiration of crucial U.S. tax credits for electric vehicles (EVs). These incentives had previously spurred consumer interest, leading to increased purchases and leases of EVs.
- Tax credits were effective in boosting EV sales.
- Following their expiration in September, consumer enthusiasm has waned.
- Mizuho emphasizes a challenging sales environment ahead for Rivian.
As Rivian navigates this downturn, market observers will need to monitor how the company adapts to changing consumer behavior in the wake of these tax credit changes.
