Surprise! Why Wall Street Is Starting to Give Rivian Stock More Respect

the EV maker is gaining respect on Wall Street due to positive analyst notes and a credible report about a possible partnership rivan stock is getting much more respect due to a credible report that the company will team up with apple and a positive note from a well-known analyst the company says that it remains on track to generate positive gross margins in fourth quarter the firm's upcoming EVS look poised to be Blockbusters let's dive in Surprise here's why Wall Street is starting to give rivan stock more respect welcome to timely investment research to key recent events finally gave rivan stock a significantly larger portion of the respect that it deserves analysts are starting to talk positively about the Electric Vehicle Manufacturer and new Partnerships are looking possible moreover the automaker reiterated last month it believes it can generate positive gross margins in the fourth quarter there are also multiple signs that demand for its EVS remain strong finally I remain upbeat on its upcoming EV lineup and its ability to generate increased revenue from its Commercial Business given these points I continue to recommend that investors by rivan stock two recent key developments in a note to investors on June 2nd well-known Morgan Stanley analyst Adam Jonas wrote rivan is uniquely positioned within Autos other than Tesla on scaling a fully integrated software stacked critical to unlocking the AI opportunity Jonas wrote the note after meeting with rivan CEO RJ scaring he pointed out that rivian relies entirely on its own software and Advanced Driver assistance systems the analyst said the firm is well positioned to partner with veteran automakers that want to reduce the amount of electronic control units that they use and speaking of Partnerships last month Digi times a tech News website indicated Apple was considering partnering with rivan asked about the possibility during the automaker's first quarter earnings call scarin did not deny the two companies could form an alliance indeed he responded by noting that his company has a history of launching Partnerships given the report and scaring response I believe apple and rivan will eventually unveil a partnership since the Apple rumor surfaced rivan stock has jumped 22% in slightly less than a month I believe that the rumor which was given significant credibility by scaring non- Denial in conjunction with Jonas upbeat note makes the street much more optimistic about the stock positive gross margins and strong demand signals during the conversation with the analyst scaring reiterated rivan's long-held assertion it can generate positive gross margins in fourth quarter the company believes it can accomplish the goal by cutting the amount it pays for supplies upgrading its Factory and selling more regulatory credits to other automakers that are producing fewer EVS on the demand front indications suggest a large and growing number of consumers are eager to buy rivian's EVS first the number of test drives of its EVS in first quarter surged by by 90% last quarter versus fourth quarter second the automaker's first quarter Revenue jumped 82% to 1.2 billion versus the same period a year earlier also noteworthy is the fact it delivered 13,580 EVS last quarter that was quite close to the 13,980 EVS It produced during the period finally rivan reported over 68,000 reservations were made for its relatively a portable midsize R2 SUV less than 24 hours after unveiling it the company intends to start delivering the R2 in early 2026 if the automaker does generate positive gross margins in fourth quarter the street should become even more confident on rivian stock that confidence would be justified because it would indicate that rivan is well on its way to becoming profitable upcoming EVs and the strong Outlook of rivan's Commercial Business the high number of orders the automaker obtained for the R2 is one reason I'm upbeat on it and the even more affordable R3 rivan intends to begin delivering the R3 in early 2026 I'm also positive on the EVS due to the positive reactions from multiple media outlets and several Wall Street Banks when it comes to Media Outlets electric wrote that rivan gets the details right on the R2 and the R3 while including many neat things and Tech crunch labeled the R3 cute as hell as for banks Bank of America contends that R2 could allow rivan to break more into the mass Market segment which represents about half of total US Auto Sales similarly Piper Sandler believes that R3 could be one of the most compelling designs on the market when it is released finally as I've mentioned in past videos I'm upbeat about the automaker's ability to generate more revenue from companies because AT&T has agreed to test rivan's delivery Vans while Auto reseller JB Point Dexter and Co is selling a new delivery van that utilizes rivian's chassis among po Dexter's customers are package delivery Giants FedEx and uks thanks for spending some time with us today 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