Motley Fool says Rivian could outperform the S&P 500 through 2030 if it ramps up R2 deliveries and opens its Georgia plant. The company expects 65,000–67,000 deliveries in 2026, including 20,000–25,000 R2 SUVs, up from 42,247 in 2025.
Rivian shares have fallen from $78 at their November 2021 IPO to about $15, while the S&P 500 rose nearly 120% over the same period, the article says. The R2 starts below $60,000, with cheaper trims planned for late 2026 and 2027. Rivian expects its Georgia plant, planned to open by 2028, to add 300,000 vehicles of annual capacity and is expanding Illinois capacity to 215,000.
Rivian had $5.85 billion in total liquidity at the end of its latest quarter. Including projected capital from Volkswagen, Department of Energy loan facilities and pending investments, the article says it had more than $14 billion to fund expansion. Its bullish valuation scenario assumes $15.6 billion in 2028 revenue and a 10-times-sales multiple, which the article says could imply a sevenfold share-price rise within two years. Analysts cited expect adjusted EBITDA to turn positive in 2028.
