Rivian Stock Surges Over 11% After Analyst Says It Is 'Well-Positioned To Gain Significant Share'
Rivian Stock Surges Over 11% After Analyst Says It Is 'Well-Positioned To Gain Significant Share'
Equity research analyst at The Benchmark Company Mickey Legg initiated coverage on EV startup Rivian Automotive Inc. (NASDAQ:RIVN) on Monday with a "buy" rating and $18 price target.
Benchmark Company的股权研究分析师Mickey Legg于周一对电动车初创公司Rivian Automotive Inc.(纳斯达克:RIVN)发起了覆盖,并给予"买入"评级,目标价为18美元。
What Happened: "Rivian is well-positioned to gain significant share of a massive market opportunity in the coming decade," Legg wrote, as reported by Barron's. "After a pause this year, domestic EV production is expected to improve in 2025 and further accelerate in 2026 to 2027 as average selling prices decline and the charging infrastructure is built out."
发生了什么:Legg在巴伦周刊的报道中表示,"Rivian在未来十年内将在一个巨大的市场机会中占据重要份额。"他指出,"在今年暂停后,预计2025年国内电动车生产将有所改善,并在2026年至2027年进一步加速,因为平均售价下降,充电制造行业也将得到完善。"
Rivian currently makes only the R1T electric truck and the R1S electric SUV for individual consumers. Both vehicles start at around $70,000, placing them in the pricier EV bracket.
Rivian目前只为个人消费者生产R1万亿电动卡车和R1S电动SUV。这两款车型的起售价约为70,000美元,属于较贵的电动车类别。
The company is looking to expand its total addressable market with the R2 SUV expected to be priced around $45,000, in the same price range as Tesla's best-selling Model Y SUV. R2 is expected to enter production in early 2026.
该公司希望通过R2 SUV来扩展其总可寻址市场,预计R2的售价约为45,000美元,与特斯拉最畅销的Model Y SUV在同一区间内。R2预计将在2026年初进入生产。
The company is also planning to start deliveries of its R3 crossover after the R2. The crossover is expected to be priced lower than the R2 SUV but it is unclear whether the R3's price will undercut the Tesla Model 3 or remain within the same range.
该公司还计划在R2之后开始交付R3跨界车型。跨界车型的售价预计低于R2 SUV,但尚不清楚R3的价格是否会低于特斯拉Model 3,或仍将在同一区间内。
Why It Matters: Rivian produced 13,157 vehicles in the third quarter and delivered 10,018 vehicles. For the whole year, Rivian intends to deliver 50,500 to 52,000 vehicles. The company is yet to make a profit.
重要原因:Rivian在第三季度生产了13,157辆汽车,交付了10,018辆汽车。预计Rivian全年将交付50,500至52,000辆汽车。该公司尚未盈利。
However, it ended the third quarter with $6,739 million in cash, cash equivalents, and short-term investments, with more to come from German automaker Volkswagen with whom the startup has forged a partnership.
然而,截至第三季度末,公司拥有673,900万美元的现金、现金等价物和短期投资,德国汽车制造商大众汽车将进一步提供资金,双方已建立合作关系。
Rivian shares closed up 11.2% at $14.45 on Monday. The stock, however, is down by about 31.5% year-to-date, according to data from Benzinga Pro.
周一,Rivian的股票收盘上涨11.2%,报14.45美元。然而,数据显示,该股票年初至今已下跌约31.5%。
Rivian has a consensus price target of $16.17 based on the ratings of 25 analysts. Canaccord Genuity on Oct. 7 issued Rivian's highest price target of $28. The lowest price target of $11 was issued by Mizuho on Nov. 8.
Rivian的共识目标价为16.17美元,基于25位分析师的评级。Canaccord Genuity在10月7日发布了Rivian最高的目标价28美元。最低目标价11美元由瑞穗银行于11月8日发布。
Check out more of Benzinga's Future Of Mobility coverage by following this link.
通过以下链接查看更多Benzinga的未来出行报道。
- Tesla Reduces Supercharging Prices To Accelerate EV Adoption Amid Slowing Demand
- 特斯拉降低超级充电价格以加速电动车的普及,原因是需求放缓。
Photo courtesy: Shutterstock
照片提供:Shutterstock