Rivian stock tumbles on UBS sell call — what to watch before Thursday’s open
Rivian shares fell 7.2% to $17.50 after UBS downgraded the stock to Sell, despite raising its price target to $15. UBS cited delays in self-driving features and lower R2 delivery forecasts. Investors await Rivian’s Feb. 12 earnings for updates on the R2 launch and cash burn. Rivian delivered 42,247 vehicles in 2025, down 18% from the prior year.