Is Rivian a good investment?
Rivian stock will be offered via the NASDAQ stock exchange. Rivian stock could be a risky investment. It could also achieve exponential growth. Something to keep in mind, though, is that Rivian isn’t a typical startup. It has the backing of Amazon and Ford. It already has a passionate base of outdoor enthusiasts and environmentalists.
How high did Rivian stock get before it came down?
The stock of electric vehicle start-up Rivian Automotive (RIVN 3.08%) peaked at more than $160 per share shortly after it went public in November 2021. It has now dropped to well below its $78 IPO price at its recent price of under $60 per share. The declining price helped entice several well-known billionaire investors to become shareholders.
Does Rivian make money?
The Shenzen-based BYD, backed by Warren Buffett, is another company to watch out for in the space, as well as Xpeng Motors. How does Rivian make money? Rivian will make money through sale of its range of EV automobiles. At present the company offers only two models, with the R1T starting at around $75,000, and the R1S.
Can you buy Rivian stock?
You can buy Rivian stock if you meet the right requirements. Though, without being able to purchase them through a conventional broker, some people might find it hard to get into the Rivian stock market. Most pre-IPO marketplaces will make you commit to an initial investment of at least $10,000.
What will Rivian stock price be?
Analyst Estimates for Rivian 2025 Overall, the Rivian stock price prediction for 2025 is $58.50. Given the stock market's volatility, analysts will adjust these forecasts over the coming years.
Is Rivian stock worth buying?
Rivian's rating remains more positive than Tesla (TSLA). Half of the analysts covering Tesla stock rate shares Buy. The average analyst price target is about $942 a share, up about 24% from recent levels. Tesla is trading at roughly 6.8 times estimated 2023 sales.
Will Rivian be publicly traded?
Rivian sold shares to the public in its initial public offering at a price of $78 a share on Nov. 9.
Will Rivian stock bounce back?
Shares of Rivian tumbled 7% Friday after the electric-vehicle maker reported lackluster quarterly earnings and warned that supply chain issues would limit vehicle production in 2022, but despite struggling since going public last year, analysts still love the stock and remain optimistic about a rebound.
How do I buy Rivian stock before IPO?
You cannot buy Rivian shares on the open market. It may be possible to purchase pre-IPO shares or to invest at the IPO, but you'll have to meet requirements and there may be restrictions. These shares may not be available at all.
Is Rivian a long term buy?
Right now, Rivian's long-term success depends almost entirely on two things: its ability to ramp up production and its ability to cut costs to make EVs profitably.
Will Amazon sell its Rivian stock?
Indeed, in its statement to Bloomberg Amazon said that it was “committed” to work with Rivian to put those electric delivery vehicles on the road by 2030. Abdul Latif Jameel, a Saudi Arabia-based group and an investor in Rivian, said it has no plans to sell shares.
What day will Rivian go public?
November 9, 2021If you're thinking of investing in the electric vehicle (EV) sector, then popular electric pickup and SUV maker Rivian Automotive Inc. has filed to go public, with its debut taking place on November 9, 2021. Keep reading to find out more about the Rivian and how to buy stocks in companies when they go public.
When did Rivian stock become available?
November 9, 2021When Was Rivian's IPO Date? The initial public offering (IPO) for Rivian Automotive, Inc. (RIVN) was on November 9, 2021. After its IPO, RIVN began trading on the secondary market, on the Nasdaq exchange.
Who bought Rivian stock?
Rivian 's CEO R.J. Scaringe stepped up and bought the dip in his company's stock, purchasing 41,000 shares of the electric vehicle start-up on Monday. The purchase, disclosed late Monday, seems to be helping shares Tuesday.
Will Rivian survive?
This is Rivian, one of the three companies Sandy Munro says will survive. Peter Rawlinson, CEO of Lucid Motors, says that Rivian R1T should be priced at $95,000 or more to be profitable. One thing Rivian did wrong was raising prices after orders last year of vehicles, and causing a back lash with current customers.
Will Rivian be successful?
In the long run, Rivian aims to capture more than 10% of the global EV market share. If Rivian grows as expected, it could be a big and profitable EV maker 10 years from now. It has entered early into the electric pickup truck segment and may succeed in capturing a chunk of this market if it ramps up quickly.
Can I buy stock in Rivian automotive?
If you've decided Rivian stock is for you, your budget will partially determine how much you invest. Since the stock debuted, its price has ranged from $172 to $20. Say the stock is currently worth $30 and you have $100. You could buy a few shares for $30 each, but if the stock jumps to $150, you couldn't buy any.
Is Rivian going out of business?
During an interview with the Tesla Silicon Valley Owners Club, Tesla CEO Elon Musk said that both Lucid Motors and Rivian, two US-based electric vehicle startups, are trending toward bankruptcy. The CEO said: Unless something changes significantly with Rivian and Lucid, they will both go bankrupt.
Will Rivian survive?
This is Rivian, one of the three companies Sandy Munro says will survive. Peter Rawlinson, CEO of Lucid Motors, says that Rivian R1T should be priced at $95,000 or more to be profitable. One thing Rivian did wrong was raising prices after orders last year of vehicles, and causing a back lash with current customers.
Why is Rivian stock dropping?
Rivian ended its first day as a public company valued at almost $88 billion, more than tripling its last private valuation. However, shortly after, its stock crashed following the announcement that it no longer planned to co-develop an EV with Ford. Ford had invested $500 million in Rivian in May.
Should I buy or sell Rivian Automotive stock right now?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rivian Automotive in the last year. There are currently 1 sell rating, 6...
What is Rivian Automotive's stock price forecast for 2022?
19 Wall Street analysts have issued 12-month price targets for Rivian Automotive's shares. Their RIVN stock forecasts range from 24.00 to 170.00. O...
How has Rivian Automotive's stock price performed in 2022?
Rivian Automotive's stock was trading at 103.69 at the start of the year. Since then, RIVN shares have decreased by 72.6% and is now trading at 28....
When is Rivian Automotive's next earnings date?
Rivian Automotive is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022. View our earnings forecast for...
How were Rivian Automotive's earnings last quarter?
Rivian Automotive, Inc. (NASDAQ:RIVN) posted its earnings results on Wednesday, May, 11th. The electric vehicle automaker reported ($1.43) earnings...
Who are Rivian Automotive's key executives?
Rivian Automotive's management team includes the following people: Mr. Robert Joseph Scaringe Ph.D. , Founder, CEO & Chairman (Age 38, Pay $1.3M...
Who are some of Rivian Automotive's key competitors?
Some companies that are related to Rivian Automotive include Ford Motor (F) , General Motors (GM) , Stellantis (STLA) , AB Volvo (publ) (VLVLY)...
When did Rivian Automotive IPO?
(RIVN) raised $9.1 billion in an initial public offering on Wednesday, November 10th 2021. The company issued 153,000,000 shares at $57.00-$62.00 p...
What is Rivian Automotive's stock symbol?
Rivian Automotive trades on the NASDAQ under the ticker symbol "RIVN."
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Is Rivian a Buy After the Stock Tanked Today?
IRVINE, Calif., February 23, 2022--On Thursday, February 24, 2022 at 3:00 pm ET Rivian’s founder, Chairman and CEO RJ Scaringe will participate in a virtual fireside chat with auto analyst Rod Lache at the Wolfe Research Virtual Global Auto, Auto Tech, and Mobility Conference.
Rivian Automotive fundamental analysis: studying the latest earnings
The stock of electric vehicle start-up Rivian Automotive (NASDAQ: RIVN) peaked at more than $160 per share shortly after it went public in November 2021. With the stock down nearly 45% year to date, including a decline today, retail investors may be wondering if Rivian stock should be part of their portfolios.
Rivian stock news and major price drivers
Rivian’s earnings release for the quarter ended 30 September, 2021 (Q3 2021) did not paint a rosy picture. The company’s net loss attributable to common stockholders, basic and diluted, widened to $1.233bn from $288m a year earlier. Loss per share, basic and diluted, stood at $12.21, widening from $2.88.
Factors to drag the stock
Rivian has raised substantial funds from its pool of investors since 2019.
Rivian (RIVN) stock price prediction: Analyst views
There are bigger players in the EV sector and the broader automobile industry.
Historical and forecast chart of Rivian Automotive stock
Analysts shared different price targets for Rivian stock in 2022 and beyond. According to data compiled by MarketBeat, as of 22 February, 12 out of 16 analysts rated the stock a ‘buy’, and four rated it a ‘hold’.
Rivian Automotive Daily Price Targets
The chart below shows the historical price of Rivian Automotive stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Rivian Automotive stock price can be found in the table below.
Rivian Automotive forecast for this year
Forecast target price for 02-24-2022: $ 68.50. Positive dynamics for Rivian Automotive shares will prevail with possible volatility of 5.133%.
Rivian Automotive information and performance
An downtrend is forecast for this month with an optimal target price of $ 63.9842. Pessimistic: $56.04. Optimistic: $69.17
