Rivian's Deal With Volkswagen Will Help EV Giant 'Navigate The Ship In Stormy Waters,' Says Top Analyst: Maintains Outperform Rating With $20 Target
Rivian's Deal With Volkswagen Will Help EV Giant 'Navigate The Ship In Stormy Waters,' Says Top Analyst: Maintains Outperform Rating With $20 Target
"After seeing lots of choppiness and pain points in the supply chain in the past year, we believe this is the right partner announcement coming in at the right time as RIVN looks to navigate the ship in stormy waters with sufficient capital to fund its EV roadmap over the coming years," the note read. Analysts led by Dan Ives at Wedbush have highlighted the significance of Volkswagen's (OTC:VWAGY) increased investment in Rivian Automotive Inc. (NASDAQ:RIVN) to $5.8 billion and kickstarted their joint venture, according to a note shared on Wednesday. This move is seen as a crucial step for Rivian's growth and stability.
Wedbush的Dan Ives领导的分析师强调了大众汽车（场外交易:VWAGY）对Rivian Automotive Inc.（纳斯达克:RIVN）增加投资至58亿的重要性，并启动了他们的创业公司，根据周三分享的一份报告。这一举动被视为Rivian增长和稳定的关键步骤。
What Happened: The analysts emphasized that this partnership is a "breath of fresh air" for Rivian, focusing on production and execution. The investment is expected to bolster Rivian's capital roadmap, aiding in future growth and vertical integration of its software and electrical systems. This will also help achieve cost savings and improve vehicle offerings.
发生了什么：分析师强调，该合作伙伴关系是Rivian的“新鲜空气”，专注于生产和执行。这笔投资预计将增强Rivian的资本路线图，帮助未来的增长及其软件和电气系统的垂直整合。这也将有助于实现成本节约并改善车辆产品。
Additionally, the partnership is anticipated to provide the necessary capital for the R2 ramp and the Georgia plant's R2/R3 midsize platform. This is considered a significant advancement for Rivian, although the Street's attention will remain on R1 execution, production optimization, and profitability over the next year.
此外，预计这一伙伴关系将为R2扩张和乔治亚州工厂的R2/R300万.dsize平台提供必要的资金。这被视为Rivian的重要进展，尽管市场的关注将继续放在R1执行、生产优化和未来一年内的盈利能力上。
"After seeing lots of choppiness and pain points in the supply chain in the past year, we believe this is the right partner announcement coming in at the right time as RIVN looks to navigate the ship in stormy waters with sufficient capital to fund its EV roadmap over the coming years," the note read.
“在过去一年中看到供应链的许多波动和痛点后，我们相信这是适时而来的正确合作伙伴声明，因为RIVN希望在风暴的沃特世中航行，并有足够的资金支持其未来几年的电动车路线图，”报告中写道。
The analysts maintain an Outperform rating with a $20 price target for Rivian.
分析师维持对Rivian的 outperform 评级，目标价为20美元。
Why It Matters: Rivian has faced significant financial challenges, including a steep loss of approximately $40,000 per EV in the third quarter. The company delivered 10,018 vehicles during this period, marking the lowest quarterly deliveries since early 2023.
重要性：Rivian面临重大财务挑战，包括在第三季度每辆电动车约损失40,000美元。该公司在此期间交付了10,018辆车辆，创下自2023年初以来的最低季度交付量。
Rivian's shares surged by 13% in pre-market trading on Wednesday following Volkswagen's announcement to increase its planned investment to $5.8 billion. This investment marks a 16% increase from the initial $5 billion planned when the joint venture was announced in June. The joint venture, named Rivian and VW Group Technology, LLC, officially commenced on Wednesday and is expected to significantly bolster Rivian's financial position.
在大众汽车宣布将其计划投资增加至58亿后，Rivian的股价在周三的美股盘前交易中上涨了13%。这一投资比6月创业公司宣布时计划的50亿增加了16%。该创业公司名为Rivian和VW集团科技有限责任公司，正式于周三开始，预计将显著增强Rivian的财务状况。
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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
免责声明：本内容部分由Benzinga Neuro帮助制作，并经Benzinga编辑审查和发布。
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