DA Davidson has upgraded Rivian Automotive (NASDAQ: RIVN | RIVN Price Prediction) to Neutral from Underperform, citing valuation after a sharp pullback in the stock.
Dealers have long held a tight grip on car sales, but cracks are beginning to show.
Volkswagen's software partnership with Rivian , a cornerstone of CEO Oliver Blume's turnaround strategy for the German auto group, has passed a key milestone, bringing the U.S. partner closer to its next tranche of funding.
Rivian Automotive (RIVN) closed the most recent trading day at $15.21, moving 2.62% from the previous trading session.
Rivian Automotive (RIVN) concluded the recent trading session at $14.91, signifying a -7.49% move from its prior day's close.
Rivian no longer expects to meet a long-expected profitability goal in 2027 because of how much money it is spending on its autonomy efforts, the company disclosed on Thursday.
Rivian Automotive (RIVN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Rivian Automotive (NASDAQ:RIVN | RIVN Price Prediction) stock is up 8% in early Thursday trading, bouncing off a prior close of $15.53.
Rivian Automotive is upgraded to a 'Buy', driven by strategic pivots in chip vertical integration and AI software, alongside an attractive valuation. Despite a challenging Q4 2025 with revenues down over 25% YoY, RIVN beat analyst expectations and maintains strong liquidity with $8.6B in current assets. The launch of in-house silicon and the R2 model positions the company for stronger market adoption and improved long-term competitiveness.
AI will be critical for fully autonomous vehicles. One EV maker is betting big on AI despite a relatively small market cap.
Rivian's stock has declined more than 80% since its IPO in 2021. The company is profitable due to its software and services segment.
Tesla's growth took off following the release of its Model 3 and Model Y vehicles. Rivian's growth could follow suit after the release of its R2 SUV.