Form 3 Rivian Automotive, Inc. For: Mar 10 Filed by: Venkataratnam Sreela
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Why Rivian is not likely to overcome its scale disadvantage: Bernstien
March 21, 2025 7:00 PM EDTRivian Automotive's (NASDAQ: RIVN) brand has generated excitement, but the company faces long-term challenges related to scale, according to Bernstein analysts, who rate the stock Underperform with a $6.10 price target.
While Rivian has seen impressive early adoption, low U.S. battery electric vehicle (BEV) penetration and a limited product lineup restrict its addressable market.
Bernstein forecasts that BEV growth and new models (R2, R3)... More
