Rivian Automotive, Inc. (RIVN)
| Market Cap | 10.26B |
| 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 | 24,370,308 |
| Open | 10.09 |
| Previous Close | 10.17 |
| Day's Range | 9.91 - 10.47 |
| 52-Week Range | 8.26 - 24.62 |
| Beta | 2.05 |
| Analysts | Buy |
| Price Target | 15.67 (+55.92%) |
| Earnings Date | Nov 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]
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 23 analysts, the average rating for RIVN stock is "Buy." The 12-month stock price forecast is $15.67, which is an increase of 55.92% from the latest price.
News
Rivian R2 Road Tour Heads To Detroit, Chicago, Los Angeles, And More
Rivian Automotive RIVN has announced more stops on its R2 Road Tour to bring the R2, R3 and Gen 2 R1S and R1T vehicles to the public for test drives and demonstrations ahead of R2 production starting ...
The Big 3: CAT, RIVN, T
All the names in today's Big 3 show upside potential, but Aquiles Larrea notes resistance they need to break through. He and Rick Ducat break down the technical trends in Caterpillar (CAT), Rivian (RI...
Rivian-Volkswagen Deal Strengthens Finances, Yet EV Market Risks Remain: Goldman Sachs
Goldman Sachs analyst Mark Delaney maintained a neutral rating on Rivian Automotive Inc. RIVN and raised the price target from $10 to $12.
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.
Tesla's Profit Power Vs. Rivian's Cash Burn: Can The Gap Be Narrowed?
As the electric vehicle landscape charges forward, Tesla Inc TSLA and Rivian Automotive Inc RIVN stand as two of the most-watched U.S. players in the industry.
Rivian Still Fails To Impress
Rivian has been disappointing due to slower-than-expected growth, despite some progress on its long-term margin plan. The company is expected to see limited growth in 2025 when compared to other EV na...
Rivian stock price forecast: here's why RIVN could surge 125%
Rivian stock price jumped sharply on Wednesday after the company unveiled details of its $5.8 billion joint venture with Volkswagen. It jumped to $12, up by 25.6% from its lowest level this month, val...
3-Stock Lunch: Rivian, Cava, & AppLovin
Eva Ados, ERShares COO and chief investment strategist, joins CNBC's 'Power Lunch' to discuss outlooks on three stocks: Rivian, Cava, and AppLovin.
Options Trades in SMCI and RIVN
As Supermicro (SMCI) delays its 10-K filing and searches for a new auditor, shares have fallen 25% YTD. Meanwhile, Rivian (RIVN) expands its partnership with Volkswagen as it aims to increase EV produ...
Rivian Stock Soars on Upsized Volkswagen Joint Venture
Rivian Automotive (RIVN) shares soared Wednesday, a day after the electric vehicle manufacturer expanded its partnership with Volkswagen in a move aimed at helping both firms find ways to grab more of...
VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW increased its planned investment for a joint venture with EV startup Rivian to $5.8 billion as the companies have broader aspirations than initially announced for the operations. VW's capital to Ri...
Green Stock News for November 13th, 2024: $RIVN $BLNK $JOBY $RKLB
Welcome to the green stock news brief for Wednesday, November 13th. Here are today's top headlines: Rivian Automotive (NASDAQ: RIVN) and Volkswagen are launching a joint venture, with a $5.8 billion d...
VW boosts investment in Rivian, but significant challenges remain
Rivian Automotive Inc (NASDAQ: RIVN) is up more than 13% in premarket this morning after Volkswagen Group (ETR: VOW3) increased its planned investment in the electric vehicle maker to $5.8 billion. Vo...
Rivian and VW Are Going At It Together
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Rivian shares surge on $5.8 bln Volkswagen investment in JV
Shares of Rivian jumped over 13% in premarket trading Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Inside VW and Rivian's $5.8 Billion Bet to Rescue Each Other
The world's second-largest automaker and the Silicon Valley startup are trying to address each other's core weakness.
Rivian, Volkswagen joint venture is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen Group have launched their upsized joint venture, vowing to join forces to create “cutting edge” EV technology.
Rivian Stock Jumps. The EV Maker Is Getting More Cash From Volkswagen.
The EV company and VW agreed to a partnership in June that could provide Rivian with around $5 billion in capital in the coming years.
Rivian, Volkswagen Group launch $5.8 billion joint venture
Rivian and Volkswagen Group launched on Tuesday the joint venture they had announced in June, valued at $5.8 billion, to share software and electric vehicle architecture.
Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars expected as early as 2027
The companies said the deal is now up to $5.8 billion – up from $5 billion – with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.
The Rivian-Volkswagen joint venture deal is now up to $5.8B
Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup's more technical chops in the c...
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.
Faster, Leaner, More Efficient: Rivian and Volkswagen Group Announce the Launch of their Joint Venture
IRVINE, Calif. & WOLFSBURG, Germany--(BUSINESS WIRE)--Rivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) entered into a transaction agreement to create their new joint venture (...
Rivian to Participate in Baird's Global Industrial Conference
IRVINE, Calif.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced that on Wednesday, November 13, 2024, at 7:55 a.m. CT, Rivian CFO Claire McDonough will participate in a firesid...
Rivian: Thank You, Mr. Market!
Rivian's Q3 report disappointed with higher-than-expected losses and production issues, but management remains optimistic about achieving positive gross profits in Q4. The EV manufacturer has a substa...