Wall Street Sees 21% Upside for Rivian Despite R2 Pricing Disappointment

AI summary

Rivian (NASDAQ:RIVN) currently trades around $15, while Wall Street’s average price target sits at $18.16. That means analysts see roughly 21% upside for the stock today. Rivian designs and builds premium electric trucks, SUVs, and commercial vans, and is now betting its future on the R2 platform, a next-generation, lower-cost SUV designed for the mass market. ... Wall Street Sees 21% Upside for Rivian Despite R2 Pricing Disappointment