Why Rivian Stock Rocketed Higher Today

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Rivian Automotive (NASDAQ: RIVN) gave investors an update past night, and the banal is soaring connected the news. Shares of the electrical conveyance (EV) shaper spiked 28% higher to commencement Friday's trading session.

The company's net and 2026 guidance person shares holding onto a 20.5% summation arsenic of 10:30 a.m. ET.

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Rear presumption    of metallic  Rivian R2 electrical  SUV.

Image source: Rivian Automotive.

The large quality from Rivian was expectations for its upcoming R2 model. It should go the company's flagship, with much affordable pricing than its luxury R1 series. While it is expected to commencement astatine astir $45,000, the institution volition supply much details connected pricing and options connected March 12.

The bigger picture, though, is that absorption plans to present betwixt 62,000 and 67,000 EVs this year. That would beryllium astir a 50% betterment implicit the 42,247 delivered successful 2025. Rivian besides achieved a affirmative gross nett of $120 cardinal successful Q4, impressing respective analysts capable to rise Rivian's banal terms targets. UBS expert Joseph Spak moved his terms people to $16, portion Deutsche Bank expert Edison Yu raised his people to $23 from $16, reports Barron's.

All eyes volition beryllium connected the caller R2 vehicle. The institution is connected way to statesman lawsuit deliveries successful the 2nd 4th of 2026. By the extremity of adjacent year, CEO R.J. Scaringe told CNBC yesterday helium expects the R2 volition marque up the "majority" of Rivian's volume.

Investors are getting excited to spot the adjacent section successful Rivian's growth. Expectations are high, but the institution and its banal are disconnected to a bully commencement successful 2026.

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