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-0.000426257459505457 0.000426257459505608 -0.00127877237851667 0.00256606990622344 -0.00127877237851667 0.0127877237851663 0.0119437340153453 0.0106564364876385
Stock impact report

Rivian stock could fall by nearly 50%, Bernstein warns [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
face nearly 50% downside from current levels due to mounting tariff pressures and financial headwinds. The firm maintained its Underperform rating and $6.10 price target, implying a 47% drop from Friday's closing price of $11.47. The EV startup, which manufactures all its vehicles in the U.S., imports key components—specifically batteries—from South Korea and China. With tariffs on imported batteries set to increase in May, Bernstein analysts believe the added cost burden will weigh heavily on the company's outlook. “We expect Rivian to discontinue its Lithium Iron Phosphate (LFP) variants, downgrade volume and EBIT guidance, and be forced to consider raising fresh equity,” analysts led by Daniel Roeska wrote. Bernstein slashed its 2025 delivery forecast to 37,000 units, down 20% from the midpoint of Rivian's guidance. Adjusted EBITDA is expected to reach negative $2.2 billion, 17% below the company's forecast. The analysts also warned that the company may fail to meet g Show less Read more
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