Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the best meme stocks. On August 4, Cantor Fitzgerald maintained a Neutral rating on RIVN as the EV manufacturer prepares to report Q2 earnings.
Rivian delivered 10,661 vehicles in Q2 2025, almost the same as analysts’ forecast of 10,670 units, but less than the 13,790 it delivered in the same quarter last year. The company built 5,979 vehicles, which was well below the expected 11,325 and also lower than the 9,612 produced in Q2 2024. Rivian’s 2025 guidance calls for 40,000 to 46,000 deliveries, compared with 51,579 in the prior fiscal year.
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Cantor Fitzgerald added that it will be keeping an eye on Rivian’s $5.8 billion joint venture with Volkswagen, its work on self-driving technology, and the R2 vehicle line, which is planned to start production in the first half of 2026.
Rivian Automotive, Inc. (NASDAQ:RIVN) is a California-based company that makes and sells electric vehicles. The company also offers services like FleetOS for fleet management, maintenance and repair, and software development, in addition to its own fast-charging network.
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