Rivian Automotive Stock News

Rivian Automotive (RIVN) stock gained on Monday after UBS upgraded the electric-vehicle maker to Buy from Hold, citing improving demand prospects for its R2 models and the potential for higher automotive gross margins. UBS analyst Joseph Spak maintained his $17 price target, pointing to valuation and the potential for an improvement in Rivian's business as production of its lower-priced R2 vehi...

UBS analyst Joe Spak upgraded Rivian stock to Buy from Hold.

Automakers such as Ford, Rivian and GM are expanding 3D printing beyond prototyping into making factory tools and selected production parts. Automakers say additive manufacturing can shorten development and repair cycles and reduce costs for low-volume needs.

Rivian stock rose 5% Friday as investors digested its third-quarter results. But the wider U.S. EV market is still almost 40% off its peak.

Rivian Automotive shares RIVN rose on Friday after the electric vehicle maker reported better-than-expected third-quarter results and raised its full-year delivery guidance. Analysts highlighted the R2 electric SUV, improving production prospects, and the company's autonomous driving technology as potential growth drivers.

Rivian CEO RJ Scaringe said on Thursday the EV maker ‌is "very confident" it will hit an autonomy milestone this year that unlocks a $250 million tranche of Uber's investment, and that demand for its

The $5.8 billion joint venture between Rivian and Volkswagen Group is expanding to include AI assistants.