Rivian Automotive, Inc. (RIVN)

NASDAQ: RIVN · IEX Real-Time Price · USD
10.07
+0.24 (2.44%)
At close: May 3, 2024, 4:00 PM
10.10
+0.03 (0.30%)
After-hours: May 3, 2024, 7:59 PM EDT
2.44%
Market Cap 9.76B
Revenue (ttm) 4.43B
Net Income (ttm) -5.43B
Shares Out 969.62M
EPS (ttm) -5.74
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 46,768,070
Open 10.13
Previous Close 9.83
Day's Range 9.90 - 10.41
52-Week Range 8.26 - 28.06
Beta 1.89
Analysts Buy
Price Target 17.86 (+77.36%)
Earnings Date May 7, 2024

About RIVN

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name. It provides consumer services, such as digital financing and leasing, telematics-based insurance, vehicle maintenance and repair services, software services, and charging solutions. In addition, the company designs, develops, manufactur... [Read more]

IPO Date Nov 10, 2021
Employees 16,790
Stock Exchange NASDAQ
Ticker Symbol RIVN
Full Company Profile

Financial Performance

In 2023, RIVN's revenue was $4.43 billion, an increase of 167.43% compared to the previous year's $1.66 billion. Losses were -$5.43 billion, -19.55% less than in 2022.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for RIVN stock is "Buy." The 12-month stock price forecast is $17.86, which is an increase of 77.36% from the latest price.

Price Target
$17.86
(77.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of June 18, 2024 in Rivian Automotive, Inc. Lawsuit - RIVN

NEW YORK, NY / ACCESSWIRE / May 4, 2024 / If you suffered a loss on your Rivian Automotive, Inc. (NASDAQ:RIVN) investment and want to learn about a potential recovery under the federal securities laws...

8 hours ago - Accesswire

RIVN LAWSUIT ALERT: Levi & Korsinsky Notifies Rivian Automotive, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / May 4, 2024 / If you suffered a loss on your Rivian Automotive, Inc. (NASDAQ:RIVN) investment and want to learn about a potential recovery under the federal securities laws...

8 hours ago - Accesswire

Levi & Korsinsky Notifies Shareholders of Rivian Automotive, Inc.(RIVN) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / May 4, 2024 / If you suffered a loss on your Rivian Automotive, Inc. (NASDAQ:RIVN) investment and want to learn about a potential recovery under the federal securities laws...

10 hours ago - Accesswire

Class Action Filed Against Rivian Automotive, Inc. (RIVN) - June 18, 2024 Deadline to Join - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / May 3, 2024 / If you suffered a loss on your Rivian Automotive, Inc. (NASDAQ:RIVN) investment and want to learn about a potential recovery under the federal securities laws...

1 day ago - Accesswire

Contact Levi & Korsinsky by June 18, 2024 Deadline to Join Class Action Against Rivian Automotive, Inc.(RIVN)

NEW YORK, NY / ACCESSWIRE / May 3, 2024 / If you suffered a loss on your Rivian Automotive, Inc. (NASDAQ:RIVN) investment and want to learn about a potential recovery under the federal securities laws...

1 day ago - Accesswire

SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Rivian

NEW YORK , May 3, 2024 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Rivian Automotive, Inc. ("Rivian" or the "Company") (NASD...

1 day ago - PRNewsWire

Rivian names Javier Varela its new chief operations officer

Rivian Automotive Inc (NASDAQ: RIVN) is in focus today after it named Javier Varela is new chief operations officer. Who is Javier Varela?

1 day ago - Invezz

Contact Levi & Korsinsky by June 18, 2024 Deadline to Join Class Action Against Rivian Automotive, Inc.(RIVN)

NEW YORK, NY / ACCESSWIRE / May 3, 2024 / If you suffered a loss on your Rivian Automotive, Inc. (NASDAQ:RIVN) investment and want to learn about a potential recovery under the federal securities laws...

1 day ago - Accesswire

Levi & Korsinsky Notifies Shareholders of Rivian Automotive, Inc.(RIVN) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / May 3, 2024 / If you suffered a loss on your Rivian Automotive, Inc. (NASDAQ:RIVN) investment and want to learn about a potential recovery under the federal securities laws...

1 day ago - Accesswire

EV startup Rivian hires Volvo veteran Varela as operations chief

Rivian Automotive named Javier Varela its chief operating officer on Friday, bolstering its ranks with the Volvo veteran as the electric-vehicle startup expands its production facility even as it grap...

1 day ago - Reuters

Rivian Hires Javier Varela as Chief Operations Officer

IRVINE, Calif.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) announced today Javier Varela will join as its Chief Operations Officer as the company focuses on optimizing operational efficie...

1 day ago - Business Wire

Rivian ($RIVN) Secures $827M in State Funding to Expand Illinois Manufacturing Plant

Rivian Automotive (NASDAQ: RIVN), a leading electric vehicle manufacturer, has secured an $827M incentive package from the State of Illinois Department of Commerce & Economic Opportunity. This funding...

1 day ago - Green Stock News

The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of June 18, 2024 in Rivian Automotive, Inc. Lawsuit - RIVN

NEW YORK , May 3, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rivian Automotive, Inc. (NASDAQ: RIVN). Shareholders who purchased shares of RIVN during the cl...

2 days ago - PRNewsWire

Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Rivian Automotive, Inc.(RIVN) Shareholders

NEW YORK, NY / ACCESSWIRE / May 2, 2024 / If you suffered a loss on your Rivian Automotive, Inc. (NASDAQ:RIVN) investment and want to learn about a potential recovery under the federal securities laws...

2 days ago - Accesswire

Rivian Announces $827 Million From Illinois For Plant Expansion — Triggering Share Jump

Rivian shares increased as much as 9% in intraday trading Wednesday following an announcement it will receive $827 million from the state of Illinois for the expansion of its plant in the city of Norm...

2 days ago - Forbes

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Rivian Automotive, Inc. with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Rivian Automotive, Inc. ("Rivian" o...

2 days ago - Accesswire

Rivian gets $827 million boost from Illinois to expand its factory in the state

Rivian Automotive Inc. said Thursday that it has received $827 million from the state of Illinois to expand operations at its plant in Normal, Ill.

2 days ago - Market Watch

Rivian wins $827 million from Illinois to expand its factory for R2 lineup

Rivian is getting $827 million in incentives from the state of Illinois to support building its next-generation electric vehicle, known as the R2.

2 days ago - TechCrunch

Rivian receives $827 mln incentive package to expand Illinois facility

Rivian Automotive said on Thursday it has received $827 million in incentives from the State of Illinois to expand operations at its Normal facility in the state.

2 days ago - Reuters

Rivian to Receive $827M in Illinois State Funding to Expand Normal, IL Facility

NORMAL, Ill.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) announced today it has received an $827M incentive package from the State of Illinois Department of Commerce & Economic Opportunit...

2 days ago - Business Wire

Levi & Korsinsky Reminds Rivian Automotive, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 18, 2024 - RIVN

NEW YORK, NY / ACCESSWIRE / May 2, 2024 / If you suffered a loss on your Rivian Automotive, Inc. (NASDAQ:RIVN) investment and want to learn about a potential recovery under the federal securities laws...

2 days ago - Accesswire

Rivian Automotive, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before June 18, 2024 to Discuss Your Rights - RIVN

NEW YORK, NY / ACCESSWIRE / May 1, 2024 / If you suffered a loss on your Rivian Automotive, Inc. (NASDAQ:RIVN) investment and want to learn about a potential recovery under the federal securities laws...

3 days ago - Accesswire

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Rivian Automotive, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - RIVN

NEW YORK , May 1, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Rivian Automotive, Inc. (NASDAQ: RIVN) between March 1, 2023 and Febr...

3 days ago - PRNewsWire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Rivian Automotive, Inc. with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 1, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Rivian Automotive, Inc. ("Rivian" o...

3 days ago - Accesswire

Shareholders that lost money on Rivian Automotive, Inc. (RIVN) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / May 1, 2024 / If you suffered a loss on your Rivian Automotive, Inc. (NASDAQ:RIVN) investment and want to learn about a potential recovery under the federal securities laws...

3 days ago - Accesswire