Canaccord analyst George Gianarikas is bullish on Rivian stock, citing high expectations for its first affordable, mass-market EVs and potential in autonomous driving and artificial intelligence. Wall Street analysts are divided, with one predicting a 43% increase in shares to $21, emphasizing the importance of the upcoming R2 model priced under $50,000. Rivian’s AI ambitions could rival Tesla’s, with potential to tap into a wider demographic and drive market reaction. Analysts anticipate Rivian’s “AI and Autonomy Day” to unveil its full AI strategy, potentially shifting the narrative to optimism. Before investing, consider the Motley Fool’s top stock picks excluding Rivian.

Read more at Yahoo Finance: Should You Buy Rivian Stock While It’s Below $21?