RIVN's Europe-ready R2 and R3, zero tariffs, and export-friendly Georgia plant put Europe back in focus, though launch timing is undecided.
Rivian is reiterated as a Buy, driven by the improving manufacturing leverage, the compelling valuations, and the healthy balance sheet bridging its future operating leverage. The upcoming Autonomy+ SaaS subscription and the rich software gross margins signal a new, high-margin, recurring revenue stream. Expanding capacity, R2 platform launch, and mass market models position RIVN to weather EV demand headwinds and the upcoming industry consolidation after $7.5K tax credit expiry.
Rivian (NASDAQ: RIVN) shares are back in focus after Wall Street turned more bullish on the electric vehicle maker, pointing to a potential rebound driven by new models and long-term technology investments.
Shares of Rivian Automotive Inc. (NASDAQ: RIVN) are 2.5% higher than a week ago.
Rivian Automotive unveiled a custom artificial intelligence (AI) chip and a comprehensive autonomy platform designed and engineered in-house. The announcement, made at the company's first “Autonomy & AI Day” in Palo Alto, California, marks a departure from reliance on third-party computing solutions such as Nvidia's processors.
Shares of Rivian Automotive (NASDAQ:RIVN) gained 7.04% over the past five trading sessions after gaining 2.47%% the five prior.
Rivian Automotive NASDAQ: RIVN shares jumped 12.1% on Friday, Dec. 12, closing at $18.42. This double-digit rally stands out against a backdrop of general unease in the electric vehicle (EV) sector.
Rivian's inaugural Autonomy & AI Day catalyzed a significant upward move, with the stock surging 12% on heavy volume. The initial reaction to the event was negative, with the stock closing down the prior day.
Since my Hold-to-Buy upgrade, Rivian surged 42%, doubling the S&P's gain. I still see bullish momentum and underappreciated margin expansion ahead. RIVN's Q3 gross profit turned positive, COGS per unit fell to ~$96,300, and margin expansion is now more visible as scale increases. The AI & Autonomy Day revealed a vertically integrated autonomy stack and in-house silicon, supporting recurring revenue and cost reduction.
Rivian Automotive hosted its first Autonomy & AI Day, revealing new AI chip development and autonomy plans. The EV company didn't announce any robotaxi initiatives, disappointing some investors amid peers' aggressive moves in autonomous mobility. Rivian likely increased the odds of the path to reach 2030 sales of $30 to $40 billion after only topping $5 billion in 2025.
Are investors ready to buy into Rivian's vision for its autonomous vehicles and AI?
Are investors ready to buy into Rivian's vision for its autonomous vehicles and AI?