Tigress Financial Partners raised its 12-month price target on Rivian Automotive Inc. (NASDAQ: RIVN) to $25 while maintaining a Buy rating, citing accelerating growth supported by artificial intelligence integration, strategic alliances, and new vehicle launches.

The firm said Rivian's third-quarter 2025 results showcased record deliveries, 78% revenue growth, and improving profitability, highlighting the company's operational momentum heading into the R2 launch.

Tigress noted that Rivian's expanding EV lineup, partnerships, and AI-driven autonomy initiatives were fueling business performance. It also said the company's alliance with Volkswagen would be transformative, boosting innovation in next-generation EV technology and supporting global expansion.

The analysts added that Rivian continued to leverage its cash position and strategic partnerships to advance manufacturing capacity and R&D investment, positioning it for sustained long-term growth.