Rivian Electric Delivery Van (EDV)

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Rivian's Affordable R2 May Unlock Massive Market Potential, Analyst Says
Benzinga· 2025-08-25 17:40
Rivian Automotive’s RIVN upcoming R2 SUV could drive significant growth, with Needham analyst Chris Pierce projecting strong demand and a larger market reach.Pierce said Rivian’s $50,000 R2, supported by high brand awareness and positive consumer sentiment, is well-placed to beat modest 2026 estimates. He reiterated Rivian with a Buy and a $14 price forecast.Pierce said Rivian is well-positioned to capture market share with the upcoming R2 mid-size SUV, projecting significant growth potential as the company ...