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Rivian stock price prediction traders are watching $13

Model: NS-40F401NA26
SKU: 6614066
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Comp. Value: $943.000
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Traders are watching $13.80 as a potential pivot point for breakout toward $16. For most investors, Rivian became a much more known entity when it inked a deal to supply retail juggernaut Amazon with electric delivery vans (EDVs). The deal, which called for Rivian to deliver 100,000 EDVs to Amazon by 2030, has gotten off to a slow start with the latter only using about 20,000 in its fleet currently. The company’s future will depend heavily on reducing costs, improving execution, and securing strategic partnerships that can provide stability. If Rivian successfully navigates these hurdles, there’s room for upside, but current projections remain conservative given the competitive and financial headwinds. Rivian stock price prediction from industry analysts suggests the stock may benefit from tax incentive programs for EV purchases, possibly boosting demand and pushing prices toward $14.50 in late Q3.