Rivian stock is soaring this year and is up by nearly 50% from its lowest point this year, with analysts predicting more upside ahead.

RVNL ETF surged over 20% after Rivian beat Q2 delivery estimates and raised its full-year delivery outlook, sending RIVN stock sharply higher.

Rivian stock is soaring this year and is up by nearly 50% from its lowest point this year, with analysts predicting more upside ahead.