Rivian Automotive, Inc. (RIVN)
| Market Cap | 14.50B |
| 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 | 64,733,817 |
| Open | 14.65 |
| Previous Close | 14.44 |
| Day's Range | 14.19 - 15.34 |
| 52-Week Range | 8.26 - 18.86 |
| Beta | 2.06 |
| Analysts | Buy |
| Price Target | 15.29 (+7.6%) |
| Earnings Date | Feb 20, 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]
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 StatementsAnalyst Forecast
According to 22 analysts, the average rating for RIVN stock is "Buy." The 12-month stock price forecast is $15.29, which is an increase of 7.60% from the latest price.
News
Why Rivian's new DOE deal has failed to cheer Wall Street analysts
The US Department of Energy has agreed to lend $6.6 billion to Rivian Automotive Inc (NASDAQ: RIVN) to set up a new production facility in Georgia. Dubbed the “Project Horizon”, the 9 million square f...
Rivian Stock Rises as EV Maker Finalizes $6.6B DOE Loan to Build Georgia Plant
Rivian Automotive (RIVN) shares rose Friday, a day after the electric vehicle maker announced it had finalized a federal loan worth up to $6.6 billion to build a factory in Georgia.
Rivian finalizes $6.6B loan for its Georgia factory
Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump's inauguration. The company will use the loan to help build ou...
Rivian and Plug Power close government loan deals just before Trump takes office
Just in time, clean-energy companies Rivian Automotive Inc. and Plug Power Inc. have closed loan agreements with the Biden administration that will fund the construction of manufacturing plants in the...
Volkswagen looking to deepen partnership with U.S. EV maker Rivian, Spiegel reports
Volkswagen is considering ways to deepen its partnership with U.S. electric car maker Rivian, the German company's CEO told Spiegel magazine in comments published on Friday.
Rivian and U.S. Department of Energy Finalize Loan Agreement to Support Future Georgia Manufacturing Site
IRVINE, Calif.--(BUSINESS WIRE)--Rivian (NASDAQ: RIVN) today announced it has closed its loan agreement with the U.S. Department of Energy's (DOE) Loan Programs Office (LPO) for up to $6.6 billion (in...
Options Trades for TSLA and RIVN
On today's Daily Trader, Alex Coffey examines the state of the EV trade. Many investors expect Tesla (TSLA) to thrive even if the EV credit goes away, though Rivian (RIVN) has proven itself as an elec...
MoneyShow's Best Investment Ideas For 2025: Part 3
MoneyShow presents top investment ideas for 2025 from their contributors. This year's edition presents a broad mix of theme-based stock picks, momentum-driven high-flyers and beaten-up stocks with tur...
Tesla Vs. Rivian: An Electrifying Showdown In The EV Arena
The electric vehicle (EV) industry continues to heat up as two of its marquee players, Tesla Inc. TSLA and Rivian Automotive Inc. RIVN, showcase contrasting trajectories.
Rivian's Strong Deliveries, R2 Line Plans And VW JV Expansion Drive Analyst Optimism
Rivian Automotive, Inc RIVN stock traded lower Monday. On Friday, the electric vehicle startup reported 14,183 vehicle deliveries for the December quarter.
Rivian stock price analysis: on the verge of a multi-year bull run?
Rivian stock price could be on the verge of a multi-year bull run ahead of the R2 launch later this year. RIVN shares surged by over 24% on Friday, moving to a high of $16.50, its highest swing since ...
Rivian: My Best Investment Idea For 2025
Rivian Automotive's stock fell 42% in 2024 due to supply issues, but 2025 looks promising with potential production growth and a Volkswagen AG joint venture. The $6.6 billion DOE loan and new plant pl...
Stock Market Today: Dow Adds 340 Points to End Skid
The S&P 500 closed the official Santa Claus rally period down 0.5%.
Tesla Rival Rivian's Stock Races To 6-Month High As Surprise Post-Election Rally Accelerates
Rivian shares rallied Friday to one of their best days ever, continuing a strong stretch for the Tesla rival following the election and bucking conventional wisdom about what President-elect Donald Tr...
GM, Ford report best annual U.S. sales since 2019 and Rivian meets 2024 production target
Both General Motors and Ford Motor on Friday reported their best annual U.S. new vehicle sales since 2019. GM reported 2024 sales of more than 2.7 million vehicles, up 4.3% from a year earlier.
Rivian Stock Soars as EV Maker Says Production Issues Have Been Resolved
Shares of Rivian Automotive (RIVN) soared Friday after the maker of electric trucks and SUVs reported full-year production that exceeded its previously lowered estimates and said that a problem that a...
Rivian's full year deliveries meet reduced expectations
CNBC's Phil LeBeau reports on news from Rivian.
Rivian wraps 2024 with more than 50,000 EVs delivered
Rivian finished last year having delivered 51,579 electric SUVs, trucks, and vans, more than triple the number it shipped to customers in 2023.
Rivian's stock boosted by better-than-expected deliveries after soft numbers from rival Tesla
Rivian Automotive Inc.'s stock jumped 5% early Friday, after the electric vehicle maker posted delivery numbers for the fourth quarter and full year that exceeded analyst estimates.
EV maker Rivian beats expectations for deliveries as supply snag eases
Rivian surpassed analysts' expectations for fourth-quarter deliveries on Friday and said its production was no longer constrained by a component shortage, a positive sign for the electric vehicle make...
Rivian meets its 2024 vehicle production target after lowering projections
Rivian Automotive's 2024 vehicle production and deliveries were in line with the company's previously announced expectations. Rivian in October lowered its 2024 production target to a range of 47,000 ...
Rivian Releases Q4 2024 Production and Delivery Figures and Sets Date for Fourth Quarter and Full Year 2024 Results
IRVINE, Calif.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter and full-year ending December 31, 2024. The company produced 12,7...
Tesla Vs. Rivian: MKBHD Sells Cybertruck, Tells Elon Musk Tesla Could 'Crush' With This EV
Well-known YouTuber and tech reviewer MKBHD, also known as Marques Brownlee, has parted ways with his Tesla Inc TSLA Cybertruck and pledged his support to rival automaker Rivian Automotive RIVN in the...
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...