Rivian Automotive, Inc.

• RIVN Stock Price 24h change: -2.29%. From 17.06 USD to 16.67 USD. Reasons: The stock continues to face downward pressure following a wave of analyst downgrades from UBS and Wolfe Research, alongside concerns over a $4 billion annual cash burn and cooling enthusiasm for its AI/autonomy prospects.
• From a technical perspective, RIVN is exhibiting a "bearish breakdown": the price has slipped below key moving averages after a failed rally in late 2025. Technical indicators show the stock is approaching oversold territory near its recent 52-week low of $10.36, but immediate momentum remains negative as it tests support levels around $16.50.
• UBS downgraded Rivian to "Sell" with a $15 target, warning that market expectations for the R2 model and AI capabilities are unrealistically high given the company's projected $4 billion cash burn.
• Rivian CEO RJ Scaringe confirmed that R2 manufacturing validation builds are rolling off the line in Normal, Illinois, a critical step for the mass-market SUV's scheduled launch in the first half of 2026.
• Rivian issued a recall for approximately 20,000 vehicles in the U.S. due to potential rear suspension assembly issues, adding to investor concerns regarding production quality and costs.
• Canada announced a landmark trade deal with China, capping EV imports at 49,000 units annually with a reduced 6.1% tariff, potentially shifting the competitive landscape for North American EV manufacturers.
• Global EV sales growth is projected to slow in 2026 as major markets like China revise subsidy programs and traditional automakers like Volkswagen pivot toward more affordable, budget-friendly electric models.

• RIVN Stock Price 24h change: -2.51%. From 17.50 USD to 17.06 USD. The decline was primarily driven by multiple analyst downgrades and a heavy sell-off triggered by concerns over high cash burn and the lack of near-term catalysts.
• Technical analysis indicates a "Strong Sell" sentiment. RIVN is currently trading below its 20-day (17.32), 50-day (18.69), and 200-day (19.20) moving averages. The RSI is approximately 24, suggesting the stock is in oversold territory, while the MACD remains in a bearish crossover phase.
• UBS downgraded Rivian to "Sell" with a $15 price target, citing a projected $4 billion annual cash burn and skepticism regarding the mass-market R2 model's ability to meet volume expectations in 2026.
• Wolfe Research downgraded the stock to "Underperform," highlighting significant production risks and a slowdown in premium EV demand following the expiration of certain federal tax incentives.
• Rivian issued a recall for nearly 20,000 R1S and R1T vehicles due to improperly assembled rear toe links that could increase crash risks, adding further pressure to operating expenses and brand reputation.
• Global EV registrations grew 20% in 2025 but are projected to lose momentum in 2026 as demand cools in key markets like China and the U.S. following changes to subsidy programs and tax credits.
• Major automakers including Volkswagen and Ford are shifting strategies toward more affordable EV models and updated autonomous technology to combat rising competition and a contraction in the premium EV sector.