Rivian Automotive stock surged at the end of 2025, reaching a new 52-week high. This rally followed strong third-quarter financial results.
Investor confidence in Rivian’s long-term vision was bolstered by the "Autonomy & AI Day" held in early December. The event highlighted the company's progress in AI and autonomous driving capabilities.
The upward momentum was reinforced by a key analyst upgrade on December 18. Baird raised its rating on Rivian to "Outperform" and set a street-high price target of $25. The firm cited the potential of the 2026 R2 launch as the primary driver for the upgrade.
Separately, Rivian launched a major software update. This update expanded its "Universal Hands-Free" assisted driving capability to cover more than 3.5 million miles of roads across North America.