Goldman Sachs Hikes Rivian (RIVN) to $18 as Focus Shifts to R2 Platform, Autonomous Driving Progress

21 hours ago 3

Maham Fatima

Thu, January 8, 2026 astatine 8:12 AM CST 2 min read

Rivian Automotive Inc. (NASDAQ:RIVN) is 1 of the most buzzing stocks to put successful according to hedge funds. On January 5, Goldman Sachs raised the firm’s terms people connected Rivian to $18 from $16 with a Neutral standing connected the shares. The steadfast highlighted that Rivian’s Q4 2025 deliveries reached 9.7K, which was a flimsy miss compared to the firm’s estimates. This was besides a 26% sequential diminution and a 31% driblet year-over-year. Goldman Sachs present expects capitalist attraction to halfway connected the R2 level and the company’s advancement successful autonomous driving.

In different news, connected December 11, Rivian unveiled a displacement toward implicit vertical integration of its self-driving technology. The centerpiece of this announcement was the Rivian Autonomy Processor/RAP1, which is simply a custom-built 5nm spot designed to grip vision-centric carnal AI. The proprietary silicon integrates processing and representation into a azygous module, utilizing RivLink low-latency interconnect exertion to let for scalable processing power.

Goldman Sachs Hikes Rivian (RIVN) to $18 arsenic Focus Shifts to R2 Platform, Autonomous Driving Progress

The customized hardware powers the third-generation Autonomy Compute Module 3/ACM3, which boasts industry-leading specifications: 1,600 sparse INT8 TOPS (Trillion Operations Per Second) and the quality to process 5 cardinal pixels per second. To enactment this vision-heavy system, Rivian Automotive Inc. (NASDAQ:RIVN) volition integrate LiDAR into its aboriginal R2 models to supply redundant 3D spatial information for analyzable borderline lawsuit driving scenarios. This Gen 3 hardware suite is presently undergoing validation and is scheduled to statesman shipping connected R2 models astatine the extremity of 2026.

Rivian Automotive Inc. (NASDAQ:RIVN), unneurotic with its subsidiaries, designs, develops, manufactures, and sells EVs and accessories.

While we admit the imaginable of RIVN arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.