Goldman Sachs Is Bullish On Rivian Automotive, Inc. (RIVN)

Rivian Automotive, Inc. (NASDAQ:RIVN) is among the 8 High Growth EV Stocks to Buy Now. 

Goldman Sachs accrued its terms people for Rivian Automotive, Inc. (NASDAQ:RIVN) from $13 to $16 portion keeping a Neutral rating, according to a December 12 study from TheFly. The steadfast referenced accusation from the company’s Autonomy & AI Day, wherever the institution described a imaginativeness for vertically integrated bundle and hardware.

Goldman Sachs noted the motorboat of a paid Autonomy+ work model, a scaled autonomy program starting successful 2026, and a caller interior compute platform. According to the analyst, Rivian Automotive, Inc. (NASDAQ:RIVN) defined the conveyance arsenic a level for high-profit software, with imaginable for greater autonomy, third-party integrations, and licensing successful the years to come.

Separately, connected December 12, TheFly revealed that aft the aforesaid AI & Autonomy Day, Needham reaffirmed its Buy rating. It upgraded its terms nonsubjective for Rivian Automotive, Inc. (NASDAQ:RIVN) from $14 to $23.

Needham stated that the lawsuit boosted assurance successful the company’s positioning arsenic software-defined vehicles go progressively fashionable successful the industry. The steadfast stressed Rivian Automotive, Inc. (NASDAQ:RIVN)’s vertical integration and claimed it permits much power implicit improvement and facilitates quicker learning. It besides features iteration passim the autonomous and operator interface technologies. According to Needham, Rivian Automotive, Inc. (NASDAQ:RIVN)’s long-lasting competitory borderline is based connected this strategy.

Rivian Automotive, Inc. (NASDAQ:RIVN) is simply a conveyance shaper that sells battery-electric vehicles successful some the United States and Canada. The institution creates bundle for autonomous driving on with vehicles. It besides makes physics power units for autos successful a concern with Volkswagen.

While we admit the imaginable of RIVN arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy successful 2025.

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