Wedbush Lifts Rivian (RIVN) Price Target Ahead of R2 Launch

Core Viewpoint - Rivian Automotive, Inc. is gaining attention on Wall Street, with Wedbush raising its price target from $16 to $25 while maintaining an "Outperform" rating, driven by optimism surrounding the R2 launch in 1H26, advancements in autonomy, and cost management despite tariff challenges [1][2]. Group 1 - The R2 launch in 1H26 is expected to enhance delivery metrics and improve Rivian's autonomy roadmap, potentially leading to alternative revenue sources while managing costs [2]. - The analysis considers the necessity for Rivian to navigate tariff risks while continuing to invest in its growth [3]. Group 2 - Rivian is recognized as an automaker focused on electric vehicles, software, and services, although some analysts suggest that other AI stocks may present greater upside potential with less downside risk [4].