Rivian Automotive's stock rose 4.11% amid a market downturn, continuing its climb of over 52% in the past month, largely fueled by a U.S.-China agreement to pause tariffs. This momentum is notable as Rivian has also ventured into the e-bike market with a significant investment. However, despite its positive trajectory, concerns persist from analysts about potential 50% downside risks due to ongoing tariff pressures. Institutional interest in the company remains, with Amazon being the largest shareholder, indicating confidence in its long-term prospects despite challenges in the supply chain.
The recent trade policy shift between the U.S. and China has provided Rivian with a temporary reprieve from the tariff-related uncertainty it has faced this year.
Despite the positive market momentum, analysts like Bernstein warn that Rivian could face nearly 50% downside risk due to ongoing pressures, particularly from tariffs.
Collection
[
|
...
]