Rivian Automotive, Inc. (RIVN)

NASDAQ: RIVN · IEX Real-Time Price · USD
8.85
+0.33 (3.87%)
Apr 26, 2024, 10:17 AM EDT - Market open
3.87%
Market Cap 8.26B
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 5,751,795
Open 8.55
Previous Close 8.52
Day's Range 8.50 - 8.85
52-Week Range 8.26 - 28.06
Beta 1.89
Analysts Buy
Price Target 17.91 (+104.22%)
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 $17.91, which is an increase of 104.22% from the latest price.

Price Target
$17.91
(104.22% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

NEW YORK, NY / ACCESSWIRE / April 26, 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 l...

4 hours ago - Accesswire

Investors who lost money on Rivian Automotive, Inc.(RIVN) should contact Levi & Korsinsky about pending Class Action - RIVN

NEW YORK, NY / ACCESSWIRE / April 26, 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 l...

4 hours ago - Accesswire

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

NEW YORK, NY / ACCESSWIRE / April 25, 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 l...

20 hours ago - Accesswire

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

LOS ANGELES, CA / ACCESSWIRE / April 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Rivian Automotive, Inc. ("Rivian...

20 hours ago - Accesswire

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

NEW YORK, NY / ACCESSWIRE / April 25, 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 l...

21 hours ago - Accesswire

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

NEW YORK, NY / ACCESSWIRE / April 25, 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 l...

21 hours ago - Accesswire

RIVN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Rivian Automotive, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

NEW YORK , April 25, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed ag...

1 day ago - PRNewsWire

RIVN ALERT: TOP RANKED ROSEN LAW FIRM Encourages Rivian Automotive, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - RIVN

NEW YORK , April 24, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Rivian Automot...

1 day ago - PRNewsWire

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

LOS ANGELES, CA / ACCESSWIRE / April 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Rivian Automotive, Inc. ("Rivian...

2 days ago - Accesswire

RIVN ALERT: ROSEN, LEADING INVESTOR COUNSEL, Encourages Rivian Automotive, Inc. Investors With Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – RIVN

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Rivian Automotive, Inc. (NASD...

2 days ago - Business Wire

Rivian targets gas-powered Ford and Toyota trucks and SUVs with $5,000 ‘electric upgrade' discount

Rivian is offering discounts up to $5,000 on its EVs — and a year of free charging — to customers willing to trade in their gas-powered trucks and SUVs.

3 days ago - TechCrunch

HASI, PLD, RIVN: Celebrating Earth Day with Stock Picks

Hannon Armstrong (HASI) has seen strong revenue growth over the past decade, notes Peter Krull. He discusses celebrating Earth Day with stock picks.

Other symbols: HASIPLD
3 days ago - Schwab Network

Bloomberg: the EV bubble has burst as TSLA, NIO, Rivian stocks dive

The electric vehicle (EV) bubble is slowly bursting as I warned a few months ago. Now, according to Bloomberg, the sector is melting down in Europe, which is often seen as a key market.

Other symbols: NIOTSLA
7 days ago - Invezz

Rivian lays off more workers

Rivian is undergoing another round of layoffs. Its the company's fourth wave of job cuts in the last year.

8 days ago - Business Insider

Rivian cuts 1% of workforce in second job cut this year

Electric vehicle maker Rivian said on Wednesday it cut about 1% of its workforce - the second round of job cut this year - as it races to reduce cost amid a broader slowdown in EV demand.

8 days ago - Reuters

Solid Rivian (RIVN) Demand Despite Slowing E.V. Market

Short interest in Rivian (RIVN) has climbed to about 19% of free float, positioning RIVN better for a catalyst or positive data point, notes USB. The analyst also mentions that solid demand for Rivian...

9 days ago - Schwab Network

Rivian Stock Can Rally, Says Analyst. Look Out Short Sellers.

UBS analyst Joe Spak upgraded shares of electric-vehicle maker Rivian Automotive to Hold from Sell.

10 days ago - Barrons

Rivian's stock clocks a record low as electric-truck price competition heats up

Rivian Automotive Inc. shares closed at a fresh record low on Thursday, with the competitive landscape for electric trucks set to get even hotter after Ford Motor Co. said it will cut prices.

14 days ago - Market Watch

Rivian stock sunk to an all-time low on Thursday: here's why

Rivian Automotive Inc (NASDAQ: RIVN) slipped to an all-time low of $9.50 a share on Thursday after Ford Motor Co (NYSE: F) lowered the price of its F-150 Lightning.

14 days ago - Invezz

Here's why General Motors Ford stocks flipped Rivian, Tesla

American electric vehicle (EV) companies like Tesla (NASDAQ: TSLA) and Rivian are underperforming their traditional rivals like Ford and General Motors. General Motors stock has jumped by more than 25...

Other symbols: FGMTSLA
22 days ago - Invezz

TSLA, GM, RIVN: State of the Auto Sector After Deliveries

Small cars are outperforming, notes Morningstar's David Whiston. He and Kevin Roberts analyze the state of the auto sector.

Other symbols: GMTSLA
23 days ago - Schwab Network

Rivian started a tough year on a flat foot

Rivian has a challenging year ahead — and the first quarter is off to a tepid start. The EV startup announced Tuesday that it built 13,980 vehicles and delivered 13,588 of them in the first quarter of...

23 days ago - TechCrunch

Rivian Sales Grow 70% as Production Rises. Why the Stock Is Falling.

The EV start-up delivered 13,588 vehicles in the first quarter of 2024 and produced 13,980. It's on track to hit its goals for the year.

24 days ago - Barrons

Rivian Q1 deliveries total 13,588 vehicles to top consensus estimate

Rivian Automotive Inc. RIVN, +1.28% said Tuesday it delivered 13,588 vehicles in the first quarter, beating the FactSet consensus for 13,000. The EV company produced 13,980 vehicles in the period, it ...

24 days ago - Market Watch

Rivian misses production estimates as EV maker shifts to new supply chain

Rivian Automotive missed market estimates for quarterly production on Tuesday, impacted by the electric vehicle maker's move to transition to new suppliers for fresh materials as it looks to reduce co...

24 days ago - Reuters