Adventure is at the forefront of the Rivian Automotive (NASDAQ:RIVN) story. The company emphasizes experiencing the great outdoors in many of its various collateral materials, with its various models often pictured off-roading or in the background of happy families gathered around a campsite.
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While voyages of exploration and wonderment are all fine and dandy, most investors are looking for something slightly less exciting when it come to finding a solid destination for their cash. Rivian was a pretty solid bet for the first few months of the year, though it has fallen in the mid-double digits since reaching a 2025 peak in the middle of May.
Tariff worries and the loss of EV credits pressured the share price, while the company’s Q2 earnings report in early August reflected losses that were greater than expected. Nevertheless, the company is gearing up for next year’s release of the R2, a mid-size SUV that many are hoping will help make Rivian vehicles a more common sight on the roads.
Just yesterday, another catalyst popped up, with news that Rivian will be supporting Apple Carkey – which will allow owners of R1T and R1S models to unlock and start their cars using their smartphones.
Count investor Ryan Vanzo among those excited by Rivian’s prospects. Though the investor notes that it could take some time to pan out, those with the patience to wait around could be richly rewarded.
“When you look at what Rivian is doing, the risk-reward trade-off is significantly more attractive than playing the lottery,” explains the 5-star investor.
Vanzo is hyped by the scheduled introduction of the R2, as its starting price of $45,000 places it within reach of “tens of millions of new potential buyers.” Rivian is also progressing with plans for the R3 and R3X models in 2027, which the investor believes will provide additional growth drivers.
Success will not occur overnight, of course, cautions Vanzo, as manufacturing vehicles is no simple feat. Execution risks will be present throughout, further notes the investor, who nevertheless professes his confidence that Rivian will figure out a way to crack the code and deliver long-term value.
Therefore, those willing to sit tight stand to realize some major rewards as Rivian’s upcoming models swerve into the marketplace in the coming years.
“If all goes right, the most patient investors will see the biggest potential profits,” concludes Vanzo. (To watch Ryan Vanzo’s track record, click here)
Wall Street remains in neutral, for now. With 14 Holds leading 7 Buys and 3 Sells, RIVN carries a consensus Hold (i.e. Neutral) rating. Its 12-month average price target of $13.81 implies minimal movement in the year ahead. (See RIVN stock forecast)
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Disclaimer: The opinions expressed in this article are solely those of the featured investor. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.