{"id":356137,"date":"2025-12-18T13:40:09","date_gmt":"2025-12-18T13:40:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/356137\/"},"modified":"2025-12-18T13:40:09","modified_gmt":"2025-12-18T13:40:09","slug":"buy-this-ev-maker-ahead-of-its-ai-enabled-vehicle-rollout-next-year-says-baird","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/356137\/","title":{"rendered":"Buy this EV maker ahead of its AI-enabled vehicle rollout next year, says Baird"},"content":{"rendered":"<p>Rivian Automotive has more room to run as it gears up to roll out its new AI-enabled electric car next year, according to Baird. The investment firm upgraded the stock to outperform from neutral . It raised its price target on shares to $25 from $14, suggesting roughly 42% upside. &#8220;This vehicle will expand RIVN&#8217;s lineup to a lower-priced product segment (estimated near $45K) which will materially expand the [total addressable market],&#8221; analyst Ben Kallo said in a note to clients. RIVN YTD mountain RIVN year to date Rivian will launch the R2, a more affordable, mid-size electric SUV, in mid-2026. It will incorporate custom chips, artificial intelligence and other advanced technology into its fleet to support its vehicles&#8217; smart features \u00ad\u2014\u2009\u200c\u200d\u200e\u200fa strategy that could help the car maker court customers. &#8220;The recent Autonomy and AI day was highlighted by the unveiling of custom chips and a more thorough overview of RIVN&#8217;s autonomous strategy, which we view positively for long-term competitiveness,&#8221; Kallo wrote. The analysts&#8217; call goes against many other ratings for Rivian on the Street. Just 10 of the 29 analysts with a rating on the stock have a buy or strong buy on shares, according to LSEG data. Rivian shares are up 3.4% in premarket trading on Thursday. The stock has jumped 32.5% since the beginning of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"Rivian Automotive has more room to run as it gears up to roll out its new AI-enabled electric&hellip;\n","protected":false},"author":2,"featured_media":356138,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[64,63,174,447,134,4852,39539,1054],"class_list":["post-356137","post","type-post","status-publish","format-standard","has-post-thumbnail","category-celebrities","tag-au","tag-australia","tag-business-news","tag-celebrities","tag-entertainment","tag-investment-strategy","tag-rivian-automotive-inc","tag-stock-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/356137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=356137"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/356137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/356138"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=356137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=356137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=356137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}