On April 22, 2026, Rivian (RIVN) initiated customer production of the R2 SUV in Normal, Illinois. The high-end R1 series established the brand's reputation.
Over the weekend, Jim Cramer offered a notable shift on Rivian Automotive (NASDAQ: RIVN | RIVN Price Prediction), telling viewers, “It looks like they're going to make it.
Rivian Automotive (RIVN) concluded the recent trading session at $16.52, signifying a -2.54% move from its prior day's close.
Rivian Automotive (RIVN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Rivian Automotive (RIVN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Rivian remains a "Buy" as key catalysts approach, including Q1 earnings and the R2 pre-order launch. Q1 deliveries of 10.4k vehicles exceeded expectations, with 20% y/y growth despite a product transition. Watch for automotive revenue outpacing delivery growth and continued software revenue momentum, which grew 108% y/y in Q4.
Rivian said it has started production of its new R2 all-electric vehicle at its plant in Normal, Illinois. Customer deliveries of the vehicle are scheduled for later this spring.
Rivian's new R2 model has begun rolling off the manufacturing floor in Normal, Illinois, despite damage to the factory from a tornado over the weekend. The smaller, more affordable SUV is seen as crucial to driving profitability for the electric vehicle maker.
Rivian has rolled the first customer-ready R2 SUVs off the production line at its factory in Normal, Illinois, just days after it was hit by an EF-1 tornado that tore off part of the roof.
Rivian on Wednesday started production of its smaller R2 SUVs, with customer deliveries expected later this spring, the electric-vehicle maker said, as it bets on a lower-cost model to broaden demand and put it on a firmer path to profit.
Rivian Automotive (RIVN) closed the most recent trading day at $17.15, moving +1.36% from the previous trading session.
Finding stocks with 1,000% upside potential is rare. Rivian is investing heavily in two promising growth catalysts.