Baird Maintains an Outperform Rating on Rivian Automotive, Inc. (RIVN)

Rivian Automotive, Inc. (NASDAQ:RIVN) is among the Goldman Sachs EV and Battery Stocks.

On February 13, 2026, Baird decreased Rivian Automotive, Inc. (NASDAQ:RIVN)’s terms nonsubjective to $23 from $25 portion maintaining an Outperform rating. The steadfast modified its exemplary aft reviewing fourth-quarter results and altering its outlook to bespeak statement expectations.

On the aforesaid day, TD Cowen expert Itay Michaeli boosted Rivian Automotive, Inc. (NASDAQ:RIVN)’s terms nonsubjective from $13 to $17 and retained a Hold rating. The expert noted favorable results contempt caller obstacles, with the 2026 forecast gathering expectations and relieving concerns astir EV request and R1 cannibalization.

A Riivan vehicle. Photo from Rivian website

Separately, connected February 12, 2026, the institution announced $120 cardinal successful fourth-quarter consolidated gross nett and $144 cardinal for the full twelvemonth of 2025. The steadfast showed a year-over-year betterment of much than $1.3 billion. R2 deliveries are expected successful the 2nd 4th of 2026. RJ Scaringe, CEO of Rivian Automotive, Inc. (NASDAQ:RIVN), underlined that 2025 focused connected show portion mounting the groundwork for operational scale.

Rivian Automotive, Inc. (NASDAQ:RIVN) designs, develops, and manufactures category-defining electrical vehicles and accessories. It operates successful the pursuing categories: automotive, software, and services.

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Disclosure: None.