Rivian Stock Is Rallying Monday: What's Driving The Action?
Rivian Stock Is Rallying Monday: What's Driving The Action?
Rivian Automotive Inc (NASDAQ:RIVN) shares are trading higher Monday after multiple analysts raised their price targets on the EV stock.
周一，多位分析师发布报告，将纳斯达克（NASDAQ：RIVN）股票的目标价格调高，当天股价上涨。
- Barclays analyst Dan Levy maintained Rivian with an Equal-Weight and raised the price target from $10 to $14.
- 巴克莱银行分析师Dan Levy 维持了Rivian的中性评级并将目标价从10美元上调到14美元。
- Canaccord Genuity analyst George Gianarikas maintained Rivian with a Buy and raised the price target from $20 to $30.
- Canaccord Genuity分析师George Gianarikas 维持买入评级并将目标价从20美元上调到30美元。
- RBC Capital analyst Tom Narayan maintained Rivian with a Sector Perform and raised the price target from $11 to $14.
- RBC Capital分析师Tom Narayan 维持板块表现评级并将目标价从11美元上调到14美元。
- Goldman Sachs analyst Mark Delaney maintained Rivian with a Neutral and raised the price target from $11 to $14.
- 高盛分析师Mark Delaney 维持中立评级并将目标价从11美元上调到14美元。
What To Know: In a new note to clients on Monday, Goldman's Delaney provided key takeaways from Rivian's investor day last week.
投资者日（Investor Day）上，Rivian发布重要信息，高盛分析师Delaney在周一给客户的最新报告中提供了有关Rivian投资者日的关键收获。
The analyst highlighted multiple product and technology updates that simplify the manufacturing process and help to reduce costs. Delaney also noted that Rivian provided preliminary second-quarter production guidance of 9,100 to 9,300 units and reiterated 2024 guidance of approximately 57,000 units.
分析师强调，Rivian发布了多个产品和技术更新，简化了制造过程并有助于降低成本。Delaney还认为，Rivian提供了第二季度预期产量为9,100至9,300辆的初步指南，并重申了2024年的产量指南，约为57,000辆。
Rivan also reaffirmed that it's still on track to achieve positive adjusted gross profit in the fourth quarter. The Goldman Sachs analyst said management remains confident in its forecast given strong community engagement and receptivity to the brand, design and features.
Rivian还重申，其仍在实现正向调整后的毛利润。高盛分析师表示，有关方面对预测非常有信心，因为社区对品牌、设计和功能反应强烈。
"Rivian also discussed R1 platform profitability. Management commented that it expects the R1 platform RPU to see a slight increase with more premium configurations mix (Quad motor configuration is launching in 4Q24)," Delaney said.
“此外，Rivian还讨论了R1平台的盈利能力。管理层评论称，R1平台RPU预计会随着更多的高端配置混合（四轮驱动配置计划在2024年第四季度推出）略微增加，”Delaney表示。
Rivian's R1 platform is expected to benefit from scale over time. The company also expects to leverage its improved sourcing position to drive variable cost improvements, the analyst said.
分析师称，Rivian的R1平台预计将从规模上获益。该公司还计划利用其改进的采购地位推动可变成本的改善。
Cantor Fitzgerald analyst Andres Sheppard also provided some takeaways from Rivian's investor day in a note focused on mobility on Monday. The analyst increased his price target to $19 citing benefits from the company's recently announced joint venture with Volkswagen.
Cantor Fitzgerald分析师Andres Sheppard 周一在一份关于Rivian移动性的报告中提供了一些收获。该分析师将其目标价增加至19美元，并称其受益于Rivian最近宣布的与大众集团的合资企业。
Volkswagen will initially invest $1 billion in Rivian through an unsecured convertible note that will be converted into Rivian common stock. The German automaker is expected to invest an additional $4 billion over time as part of the transaction.
大众将通过一份未担保的可转换票据最初投资10亿美元的瑞弗汽车，并将其转换为瑞弗的普通股。预计这家德国汽车制造商在以后的时间里还将再次投资40亿美元。
"As a result of this agreement, we think Rivian will be able to extend its cash runway, to achieve additional cost savings, and to improve its margin profile over the medium-to-long term," Sheppard said.
Sheppard说：“由于此协议的结果，我们认为Rivian将能够延长现金运营时间，实现更多的成本节约，并在中长期内改善其利润率。”
RIVN Price Action: Rivian shares were up 4.14% at $13.98 at the time of publication, according to Benzinga Pro.
据Benzinga Pro消息，截至发稿时，Rivian股价上涨4.14％，报13.98美元。
Photo: courtesy of Rivian.
照片：由瑞麒公司提供。