Rivian Faces Rising Risks Amid Progress, BofA Says

MT Newswires Live
2025/02/25

Rivian Automotive (RIVN) is making progress towards

sustainably positive gross margins, but risks are piling up, BofA Securities said in a report Monday.

BofA said Rivian remains one of the most viable among the startup EV OEMs with solid tech/product and intangible value in the brand.

However, the report said the 2025 outlook was softer than it expected and the VW partnership is complicating earnings forecasts for at least the next four years.

The note also pointed to increasing competition amid slowing demand for electric vehicles and indications that the US may pull back on EV incentives.

"Given the Trump Administration's focus on cost cutting, we believe there could be risk to RIVN's $6.6bn Department of Energy loan closed by the Biden Administration," the report said.

BofA downgraded the stock to underperform from neutral and lowered its price target to $10 from $13.

Shares of Rivian were down more than 7% in recent trading.

Price: 12.03, Change: -0.94, Percent Change: -7.27

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10