Could Rivian stock help you become a millionaire?
UPDATE 1-Ford sells shares in EV maker Rivian for $214 mln. Ford Motor Co sold eight million shares of electric-car maker Rivian Automotive Inc for $214 million, or $26.80 apiece, the U.S ...
How high can Rivian stock go?
Apr 24, 2022 · 18 equities research analysts have issued 12-month target prices for Rivian Automotive's shares. Their forecasts range from 35.00 to 170.00. On average, they expect Rivian Automotive's share price to reach 83.88 in the next twelve months. This suggests a possible upside of 191.3% from the stock's current price.
Can you buy Rivian stock?
May 09, 2022 · Rivian shares down more than 17% following report of Ford sell-off. Rivian's stock price fell more than 17% Monday, a drop prompted by a CNBC report that Ford was selling 8 million shares of the EV automaker. Ford held a 12% stake, or about 102 million shares, of Rivian. 9 hours ago - TechCrunch.
How to invest in Rivian?
Jan 07, 2021 · Rivian Automotive Inc. Class A Common Stock is an auto manufacturers business based in the US. Rivian shares (RIVN) are listed on the NASDAQ and all prices are listed in US Dollars. Rivian employs 10,422 staff and has a trailing 12-month revenue of around 0.00.
How do I buy rivian stock before IPO?
What is rivian projected stock price?
The 14 analysts offering 12-month price forecasts for Rivian Automotive Inc have a median target of 67.50, with a high estimate of 108.00 and a low estimate of 24.00. The median estimate represents a +177.78% increase from the last price of 24.30.
Will rivian stock pay dividends?
RIVN is not currently paying a regular dividend.
Why is Rivian stock so low?
Why is Rivian stock going down?
Who is behind rivian?
How many shares does rivian outstanding have?
| Avg Vol (3 month) 3 | 20.12M |
|---|---|
| Shares Outstanding 5 | 883.4M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 481.8M |
| % Held by Insiders 1 | 16.89% |
What is rivian PE ratio?
Is Rivian a buy right now?
16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rivian in the last twelve months. There are currently 4...
When is Rivian's next earnings date?
Rivian is scheduled to release its next quarterly earnings announcement on Thursday, June 9th 2022. View our earnings forecast for Rivian .
How were Rivian's earnings last quarter?
Rivian (NASDAQ:RIVN) issued its earnings results on Thursday, March, 10th. The electric vehicle automaker reported ($2.43) earnings per share for t...
What price target have analysts set for RIVN?
16 Wall Street analysts have issued twelve-month price objectives for Rivian's stock. Their forecasts range from 40.00 to 170.00. On average, they...
Who are some of Rivian's key competitors?
Some companies that are related to Rivian include Volkswagen (VWAGY) , Daimler (DDAIF) , Ford Motor (F) , General Motors (GM) , Honda Motor (H...
When did Rivian IPO?
(RIVN) raised $9.1 billion in an IPO on Wednesday, November 10th 2021. The company issued 153,000,000 shares at a price of $57.00-$62.00 per share.
What is Rivian's stock symbol?
Rivian trades on the NASDAQ under the ticker symbol "RIVN."
When does the company's lock-up period expire?
Rivian's lock-up period expires on Monday, May 9th. Rivian had issued 153,000,000 shares in its IPO on November 10th. The total size of the offerin...
Who are Rivian's major shareholders?
Rivian's stock is owned by many different retail and institutional investors. Top institutional investors include Amazon com Inc (17.59%), Coatue M...
What is the rivian symbol?
Rivian trades on the NASDAQ under the ticker symbol "RIVN."
What is Rivian electric?
Rivian is an American electric vehicle automaker and automotive technology company founded in 2009. Rivian is building an electric sport utility vehicle and pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies.
Does Rivian pay dividends?
Rivian does not currently pay a dividend.
What is the ticker symbol for Rivian?
Rivian, an electric-vehicle manufacturer, went public on the Nasdaq with ticker symbol "RIVN." Here's what you need to know about investing in RIVN stock.
What is Rivian Automotive?
Rivian Automotive designs, develops, and manufactures category-defining electric vehicles (“EVs”) and accessories. We sell them directly to customers in the consumer and commercial markets. Our vehicles are complemented by a full suite of proprietary, value-added services that address the entire vehicle lifecycle and deepen our customer relationships. Starting with a clean sheet, we built a vertically integrated ecosystem comprised of our vehicle technology platform, cloud architecture, product development and operations, products, and serv... [Read more...]
Is Rivian working on expansion plans?
Less than a week after its IPO, Rivian may already be working on expansion plans.
Does Amazon invest in decarbonization?
Beyond Rivian, Amazon has invested in other start-ups developing technologies that could help further its goals of decarbonization.
Is Rivian an IPO?
The Rivian IPO is the latest EV stock to hit the scene, and there's a lot of hype surrounding RIVN stock in its first few days. However, it's important to wait for Rivian to set up an IPO base before ju...
How to find a good stock to invest in?
Research the stock. Find the stock by name or ticker symbol – RIVN – and research it before deciding if it’s a good investment for you.
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Is Rivian Automotive publicly traded?
Now that Rivian Automotive is public, you need a brokerage account to invest.
Who are the investors in Rivian?
Prominent investors include BlackRock, Ford, T.Rowe Price, Fidelity, Cox Automotive, and Amazon. On January 19th, 2021, Rivian closed a $2.65 billion new round of funding valuing the company at $27.6 billion, according to TechCrunch .
When will Rivian release S-1?
Rivian released its S-1 filing to the public on October 1st, 2021. Amended versions became available on October 22nd, November 1st, November 5th. Read the S-1 (and amended) here.
What is Rivian electric?
Rivian is an electric vehicle manufacturer focused on up-heaving the market for consumer pickup trucks, SUVs, and delivery vans.
Where is R1T manufactured?
It was founded by R.J. Scaringe, who earned a Ph.D. from MIT in mechanical engineering and was a member of the automotive laboratory. The company is based in Plymouth, MI. and has a manufacturing plant in Normal, Il., which it acquired from Mitsubishi Motors in January 2017. R1T and R1S vehicles. Photo via Rivan.
What is the symbol for Rivian?
The Rivian stock symbol will be “ RIVN”, according to the S-1 filing. It will trade on the Nasdaq marketplace.
Where did the name Rivian come from?
The name Rivian is derived from the words riv er and Ind ian, referring to the Indian River Lagoon in Florida.
Is SPAC publicly traded?
SPACs have become popular recently after Virgin Galactic, Lordstown Motors, and Nikola used them to become publicly traded companies. Using a SPAC to go public allows the company to skip the complicated and expensive IPO process. SPAC founders call companies like Rivian to convince them it would be a smart move.
How much does the R1T cost?
While the $98,000 price tag for the R1T is certainly high, it does include the $10,000 "Max Pack" larger battery option and the $5,000 Camp Kitchen option that installs a fully-serviceable kitchen in the R1T's storage tunnel.
How much is the Adventure trim?
The Adventure trim also costs $75,000 and the base Explore trim will start at $67,500. However, both of those trims won't be available until January of 2022. Also, these prices are before any Federal or State incentives are factored in.
Is Rivian R1T electric?
The long-awaited Rivian R1T and R 1S all-electric adventure vehicles are nearing production and Rivian has just opened up the online configurator so potential customers can option the vehicles and see what the exact price will be.
Even if you assume Rivian will grow, it still looks pretty pricy
Electric truck start-up Rivian ( RIVN 2.52% ) enjoyed an explosive initial public offering (IPO) late last year, more than doubling its price in its first week as a public company. Sadly, Rivian stock is moving in the opposite direction today. As of 1:20 p.m.
NASDAQ: RIVN
"We see RIVN as a pure play and strong early mover in the EV market with a focus on the higher-growth SUV and light truck market and a strong commercial vehicle roadmap beginning with Amazon ," argued the analyst. On the one hand, true, Rivian is a company with no profits and essentially no revenue at present.
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NASDAQ: RIVN
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This EV newcomer is on sale for its lowest price in months
Share prices of Rivian Automotive ( RIVN -7.79% ) briefly fell to $75.13 per share on Friday before closing the session at $79.95 per share. It was the first time Rivian stock dipped below its initial public offering (IPO) price of $78 per share.
Take advantage of inefficient markets
Howard Smith: Markets aren't always efficient, and that's how investors can gain an advantage.
Rivian has potential, but it's too early to buy yet
Daniel Foelber: Rivian stock is cheaper than it's ever been. But that doesn't automatically make it the best buy in the space. As Howard said, the market can be irrational in the short term. But in this case, there are good reasons why Rivian has performed so much worse this year than other major automakers.
Do what's best for your risk-reward profile
EV investors are no strangers to the battleground nature of the auto industry. Starkly contrasting opinions about Tesla have existed since its inception and carry on to this day. Rivian and other newcomers like Lucid will likely face the same blend of support and skepticism until they fail or mature into their respective leaders' visions.
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NASDAQ: RIVN
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The hype around this electric vehicle startup could be setting up investors for a massive let-down
Electric vehicle start-up Rivian Automotive 's ( RIVN -0.44% ) November debut on Wall Street was one of the most hyped initial public offerings in recent memory. Its market cap is already more than $80 billion, and shareholders are hoping it becomes the next Tesla ( TSLA 1.14% ).
Growing pains
Rivian doesn't have a demand problem, as evidenced by the 71,000 pre-orders it reported for its R1 models and a 100,000-vehicle order that it has from Amazon for delivery vans. But its investors need to consider just how difficult it is to develop the infrastructure required to mass-produce vehicles efficiently.
Increasing vehicle production will also be expensive
Rivian's efforts to ramp up production could significantly impact its financials. Right now, the balance sheet is well stocked; if you consider all of the proceeds from its initial public offering, it has almost $20 billion in cash on hand.
The valuation is pricing in a lot of optimism
Tesla has been such an outstanding stock for long-term shareholders because it spent years as the underdog. Many people thought the company would fail. As recently as January 2020, Tesla's market cap was roughly $120 billion -- and it delivered $31.5 billion in revenue that year.
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