Rivian's 2025 EV Deliveries Drop 18% Amid Slowing Demand for Premium Electric Vehicles
Rivian delivered 42,247 EVs in 2025, down 18% year-over-year, missing analyst expectations as the company prepares to launch its affordable R2 SUV in 2026.
Rivian delivered 42,247 EVs in 2025, down 18% year-over-year, missing analyst expectations as the company prepares to launch its affordable R2 SUV in 2026.
Baird upgrades Rivian stock to Outperform, raises its price target to $25, and highlights the R2 launch and autonomy progress as key growth drivers.
Rivian shares surge to nearly 2-year high as analysts praise custom autonomous driving chip and affordable AI features, positioning company as potential #2 EV player in North America.
Rivian has built its own AI chip, RAP1, to replace Nvidia tech and boost future self-driving features. The chip improves performance, lowers costs, and will debut in the R2 SUV.
Morgan Stanley downgrades Rivian to Underweight, keeping a $12 price target. The firm expects the EV slowdown to continue through 2026 while showing more confidence in traditional engines and hybrids.
Citigroup doubled its Rivian stake to 8.54M shares ($125M value) in Q3 2025, reaching a four-year record.