Rivian stock jumps 5% on raised delivery outlook
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Rivian Automotive Inc (RIVN) PT Raised to $15 at JPMorgan
July 6, 2026 6:47 AM EDTJPMorgan analyst Rajat Gupta raised the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $15.00 (from $9.00) while maintaining a Underweight rating.
The analyst comments "RIVN reported its 2Q deliveries this morning at 12,194 units, beating both Bloomberg consensus of 10,607 units and JPMe of 11,000, and coming in well above the companys prior 9,000-11,000 guide, with production of 12,613... More
