<div id="readability-page-1">Bold price target: Benchmark's Mickey Legg projects Rivian shares could rise nearly 79% to $25, citing multiple growth catalysts. R2 launch stakes: Mass-market R2 SUV deliveries to employees have begun, with customer shipments imminent, marking a critical test for Rivian’s scaling ambitions. Strategic partnerships: A $1.25 billion Uber deal and Georgia plant expansion aim to boost long-term capacity and autonomous vehicle capabilities.</div>

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<p>Benchmark analyst Mickey Legg projects a 79% upside for Rivian shares, targeting $25, driven by growth catalysts including the R2 SUV launch and strategic partnerships like a $1.25 billion deal with Uber. Employee deliveries of the R2 have started, with customer shipments expected soon, crucial for Rivian's scaling efforts.</p>

Benchmark analyst sees 79% upside for Rivian on R2 launch momentum