UBS analyst Joseph Spak raised Rivian's price target to $13, maintaining a Neutral rating, following a strong Q1 2025 with revenue of $1.24 billion and a gross profit. Despite improvements in cost of goods sold and a $1 billion investment from Volkswagen, Rivian lowered its delivery forecast to 40,000-46,000 vehicles due to market challenges. Analysts have varied responses, with TD Cowen increasing its target to $14, while BofA Securities set it at $10, citing concerns over declining shipments.