Wall Street Sees 21% Upside for Rivian Despite R2 Pricing Disappointment

Wall Street Sees 21% Upside for Rivian Despite R2 Pricing Disappointment

The post Wall Street Sees 21% Upside for Rivian Despite R2 Pricing Disappointment appeared first on 24/7 Wall St.. Quick Read Rivian (RIVN) delayed its $45,000 entry-level R2 SUV until 2027, with initial launch pricing at $57,990, causing the stock to fall 6.4% as the mass-market vehicle is critical to the company’s future growth and valuation thesis. Rivian achieved its first full-year positive gross profit, signed a $1.25B Uber robotaxi dea…