Rivian Automotive, Inc. (RIVN)
Market Cap | 10.58B |
Revenue (ttm) | 5.01B |
Net Income (ttm) | -5.79B |
Shares Out | 1.01B |
EPS (ttm) | -5.95 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 28,950,859 |
Open | 10.38 |
Previous Close | 10.44 |
Day's Range | 10.25 - 10.57 |
52-Week Range | 8.26 - 24.62 |
Beta | 2.04 |
Analysts | Buy |
Price Target | 17.57 (+67.49%) |
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 $17.57, which is an increase of 67.49% from the latest price.
News
Rivian applies for federal loan to restart Georgia EV factory construction
Rivian Automotive has applied for a federal loan to enable the construction of its electric vehicle factory in Georgia, according to a filing by the Department of Energy.
3-Stock lunch: Rivian, JPMorgan, & Fedex
Doug Butler, Rockland Trust, senior vice president and director of research, joins CNBC's 'Power Lunch' to discuss three stocks: Rivian, JPMorgan Chase, and Fedex.
Stock Market Today: Stocks Drop Ahead of September Jobs Report
Stocks were choppy Thursday as investors took in a higher-than-expected rise in jobless claims and strong growth in the services sector.
RIVN Stock Drops as Rivian Reduces Production Forecast
Shares of Rivian (RIVN, Financial) experienced a significant decline of 4.87% following the company's announcement to lower its annual 2024 production estimate, citing ongoing supply chain issues. The...
Rivian Slashes Production Targets
Rivian shares tumbles Friday morning after the EV maker cut its annual production target, citing a worsening supply crunch at its only US assembly plant. Bloomberg's Ed Ludlow joined "Bloomberg Open I...
Rivian Stock Falls After EV Maker Misses Delivery Estimates, Warns of a Parts Shortage
Rivian Automotive (RIVN) shares sank Friday as the electric vehicle maker missed third-quarter delivery estimates and slashed its full-year production outlook because of difficulties in getting a part...
Rivian Slashes FY24 Production Guidance Amid Supply Chain Challenges
Rivian Automotive (RIVN, Financial) faces a setback as it cuts its FY24 production guidance by up to 10,000 units due to worsening component shortages. This follows earlier warnings from CEO Robert Sc...
Rivian Stock Sinks on Deliveries Miss, Production Outlook
Rivian stock is spiraling Friday after the EV maker reported dismal Q3 deliveries and cut its production outlook for the year. Here's what you need to know.
RIVN: Supply Shortage Impacts Stock
Rivian Automotive (RIVN, Financial) shares experienced a significant drop, with the stock falling by 7.05% following the company's announcement of revisions to its vehicle production forecasts due to ...
Rivian (RIVN) Lowers 2024 Production Forecast Amid Component Shortages
Shares of U.S. electric vehicle startup Rivian Automotive (RIVN, Financial) declined after the company announced third-quarter vehicle deliveries fell short of analyst expectations. In addition, Rivia...
Cramer's Mad Dash: Rivian
CNBC's Jim Cramer delivers his daily Mad Dash.
Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
Shares of Rivian Automotive fell about 8% during premarket trading Friday after the electric vehicle startup lowered its annual production forecast for 2024. Rivian said the lower production target — ...
Rivian Automotive Cuts Production Outlook, Joins EVgo And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining over 50 points on Friday.
Rivian (RIVN) Shares Drop Amid Production Disruptions and Lower Delivery Forecast
Rivian (RIVN, Financial) experienced a 6.3% decline in pre-market trading, approaching its lowest point in over four months. This drop follows the electric vehicle manufacturer's announcement of produ...
Rivian deliveries fall as component shortage slows production
Rivian says it will build fewer vehicles this year than it did in 2023, the result of a supply chain problem that popped up in the third quarter that has “become more acute in recent weeks.”
Rivian Stock Falls. Production Is a Problem.
Rivian revises its 2024 production guidance midpoint to 48,000 vehicles, down from prior guidance of 57,000 vehicles.
Rivian's stock dives after production outlook was cut due to parts shortages
Rivian's stock took a dive Friday, after the electric vehicle maker said it was experiencing a supply shortage, prompting a cut to its full-year production guidance.
Rivian lowers annual production forecast due to parts shortage
Rivian said it slashed its full-year production forecast on Friday and delivered fewer vehicles in the third quarter than analysts had expected, as the startup grapples with a parts shortage and slowi...
Rivian Releases Q3 Production and Delivery Figures, Updates 2024 Annual Production Outlook and Sets Date for Third Quarter 2024 Results
IRVINE, Calif.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending September 30, 2024. The company produced 13,157 vehicles a...
IQHQ Executes on Retail Leasing; Leading Luxury Lifestyle Club Equinox Coming to Research and Development District (RaDD)
SAN DIEGO--(BUSINESS WIRE)--IQHQ, Inc., a premier life science real estate development company, has announced the signing of premium retail leases and an event space operator at RaDD, IQHQ's transform...
Rivian: Buy The Dip, Patience Is The Key As Second-Gen R1 Hits The Market
Rivian: Buy The Dip, Patience Is The Key As Second-Gen R1 Hits The Market
Ford, GM and Rivian may get caught by a ‘China butterfly effect,' this investment bank says
Some U.S. auto makers are more vulnerable to increased competition from China and face market-share loss, analysts at Morgan Stanley say.
Morgan Stanley downgrades GM, Ford, and Rivian amid Chinese competition and market pressures
Morgan Stanley revised its outlook on the US auto industry, lowering its assessment from ‘Attractive' to ‘In-Line', and downgraded major US automakers including General Motors, Ford, and Rivian as par...
TSLA Gets Price Target Hike; F, GM & RIVN Stall on Downgrade
Piper Sandler raised its price target on Tesla (TSLA) to $310 from $300, and upped its estimates for expected 3Q deliveries. The same can't be said for several American automakers after getting a down...
Ford, GM, and Rivian Catch Stock Downgrades. This One Hurts.
Wednesday, Morgan Stanley analyst Adam Jonas cut his ratings on GM, Ford, and Rivian stocks. All three are falling in early trading.