Rivian Automotive, Inc. (RIVN)

NASDAQ: RIVN · Real-Time Price · USD
13.83
+0.77 (5.90%)
At close: Dec 20, 2024, 4:00 PM
13.85
+0.02 (0.14%)
After-hours: Dec 20, 2024, 7:59 PM EST
5.90%
Market Cap 14.12B
Revenue (ttm) 4.55B
Net Income (ttm) -5.52B
Shares Out 1.02B
EPS (ttm) -5.59
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 41,520,991
Open 12.93
Previous Close 13.06
Day's Range 12.73 - 14.17
52-Week Range 8.26 - 24.62
Beta 2.13
Analysts Buy
Price Target 15.57 (+12.58%)
Earnings Date Feb 19, 2025

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, Rivian Automotive'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 $15.57, which is an increase of 12.58% from the latest price.

Price Target
$15.57
(12.58% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Rivian executives accused of harassment in previously unreported lawsuits

Four employees have sued Rivian in separate lawsuits this year over allegations they were harassed, in some cases by top executives, and that the company's leadership did little to address their conce...

22 hours ago - TechCrunch

Amazon Has 20,000 Rivian Electric Delivery Vans In Fleet: Here's What Could Be Next For Both Companies

Amazon.com Inc AMZN and Rivian Automotive RIVN have been partners in an electric delivery van deal since the EV company went public in 2021. Here's a look at the recent milestone hit and what's next f...

Other symbols: AMZN
1 day ago - Benzinga

Rivian Is The EV Stock To Hold In 2025, Not Tesla (Upgrade)

Rivian presents a far more attractive risk-reward profile than its core U.S. rival Tesla. Rivian trades at roughly 1/5 of Tesla's revenue multiple. I'm upgrading Rivian to a strong buy rating, especia...

Other symbols: TSLA
2 days ago - Seeking Alpha

Tesla Remains A Top EV Stock Pick, Rivian Faces Roadblocks: Analyst

Baird analyst Ben Kallo is reassessing the electric vehicle landscape in light of geopolitical uncertainty and policy changes.

Other symbols: TSLA
2 days ago - Benzinga

EV Outlook: TSLA Best Positioned, RIVN's Needs to Survive Long-Term

Tesla's (TSLA) White House connection will prove beneficial to the company, according to Karl Brauer, though China also offers plenty of profit opportunity for the company. However, he expects a "toug...

Other symbols: TSLA
2 days ago - Schwab Network

EXPE Upgrade, RIVN Downgrade

Jenny Horne reports on two analyst moves ahead of Wednesday's open. Expedia (EXPE) gets an upgrade to a Buy rating at BofA, while Rivian (RIVN) catches a downgrade at Baird.

Other symbols: EXPE
2 days ago - Schwab Network

Rivian: Cost Cuts Could Deliver Good Results In 2025

Rivian stock has seen a strong post-election buy, rising by more than 50% despite the perceived headwinds for EV sector under the next White House administration. Rivian has been able to deliver YoY R...

3 days ago - Seeking Alpha

The Big 3: WB, U, RIVN

It's a Big 3 and Under 30 crossover as Alan Knuckman looks at three names under $30 he considers notable. He talks about why he's "following the money" in Weibo Corp. (WB), Unity (U), and Rivian (RIVN...

Other symbols: UWB
4 days ago - Schwab Network

Rivian: Bright 2026 Prospects Despite Near-Term Headwinds

RIVN has received much needed cash lines from VWAGY at $5.8B and the US Department of Energy at $6.6B, given the ongoing cash burn at an annualized rate of ~$3.4B. Despite the management reiterating F...

8 days ago - Seeking Alpha

Options Trades in TSLA and RIVN

Tesla (TSLA) shares hit a new all-time high following multiple price target hikes from Wall Street analysts. Meanwhile, Rivian (RIVN) pulls back from earlier gains this week after an analyst initiated...

Other symbols: TSLA
9 days ago - Schwab Network

Rivian stock price forecast: the best contrarian bet in EV?

Rivian stock price has risen in the past five consecutive days and is hovering at its highest level since August 8 of this year. It has soared by 52% from its lowest level in November, pushing its val...

11 days ago - Invezz

Rivian Stock Rises After New Buy Rating. The Bull Case to Pile In.

Benchmark analyst Mickey Legg launched coverage of with an $18 price target. What he's seeing.

12 days ago - Barrons

Rivian's stock perks up as it's named a strong contender in EV market over next 10 years

Benchmark starts coverage with a buy rating and price target offering a 38% upside.

12 days ago - Market Watch

Rivian opens its first charging station other EVs can use

Rivian has opened a new charging station in Joshua Tree, California, that is open for other EV owners can use — a first for the company. It's part of a plan to build out a much larger interoperable ch...

15 days ago - TechCrunch

Missed Tesla? These EV stocks could 10x your money in 2025

Electric vehicle stocks have had a mixed performance this year. Most of them have crashed, while Tesla has soared to a high of $360, its highest level since April 2022 and 225% above the lowest point ...

Other symbols: NIOXPEV
22 days ago - Invezz

Tesla Has Best EV Under $50K, Rivian CEO Says In Praise Of Rival: 'It's A Great Brand'

The Tesla Inc TSLA Model Y is gaining new praise from the head of a rival automaker as the vehicle continues to be one of the bestselling vehicles in the world.

Other symbols: TSLA
23 days ago - Benzinga

Rivian to use Biden administration loan to boost competitiveness of its EVs

Rivian said it will use a $6.6 billion government loan to “aggressively” scale manufacturing of its R2, which is coming in 2026.

24 days ago - Market Watch

Rivian Stock Gains as Georgia Plant Gets Conditional Funding: What to Know

If Rivian's $6.6 billion government loan gets approved, it will support the construction of the EV maker's new production facility in Georgia.

24 days ago - Kiplinger

Rivian to Receive $6.6 Billion Department of Energy Loan for Georgia Plant

Rivian (RIVN) announced late Monday that it has received "conditional commitment" from the Department of Energy for a $6.6 billion loan to finance the construction of a factory in Georgia.

24 days ago - Investopedia

RIVN $6.6B Government Loan, KSS CEO Stepping Down, ANF Down

Abercrombie & Fitch (ANF) traded down despite posting an earnings beat. Retail weakness continued in Kohl's (KSS) after the company's CEO announced he will step down.

Other symbols: ANFKSS
24 days ago - Schwab Network

Rivian Stock Rises. How $6.6 Billion From Biden Can Reignite the EV Maker.

The company's shares have started the week on a tear, despite the expectation that Donald Trump will eliminate EV tax credits.

25 days ago - Barrons

Rivian snags $6.6B conditional federal loan to build Georgia factory

Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in Geor...

25 days ago - TechCrunch

Rivian gets $6.6 bln conditional loan approval to build Georgia EV plant

Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's production facility in Georgia.

25 days ago - Reuters

Rivian Receives Conditional Commitment for up to $6.6 Billion Loan from the U.S. Department of Energy's Advanced Technology Vehicle Manufacturing (ATVM) Program

IRVINE, Calif.--(BUSINESS WIRE)--American all-electric automaker Rivian Automotive (NASDAQ: RIVN) today announced it has received conditional commitment from the U.S. Department of Energy's Advanced T...

25 days ago - Business Wire

Rivian soars 13% on Monday after double dose of good news

Rivian Automotive Inc (NASDAQ: RIVN) is up 13% today after California said it will revive incentives for EV buyers if Donald Trump moves to terminate the federal electric vehicle tax credits. Gov.

25 days ago - Invezz