Is Rivian stock a good buy?
Apr 08, 2022 · The Rivian Automotive, Inc. stock price gained 2.46% on the last trading day (Tuesday, 19th Apr 2022), rising from $38.21 to $39.15. During the day the stock fluctuated 8.47% from a day low at $36.66 to a day high of $39.77. The price has fallen in 7 of the last 10 days and is down by -15.86% for this period.
Is Rivian a good investment?
16 hours ago · When the period is up in May later this year, Ford can sell off its stake in Rivian and generate over $4 billion in proceeds. Moreover, it will also push down RIVN stock for several months, given ...
Can you purchase Rivian stock?
Jan 07, 2021 · Find the stock by name or ticker symbol – RIVN – and research it before deciding if it's a good investment for you. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price. Check in on your investment.
How high can Rivian stock go?
3 hours ago · Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988.
When can you buy rivian shares?
Rivian is expected to hold its IPO sometime in 2021 or 2022. Some analysts have predicted an IPO as early as September 2021. Others suggest that the IPO may wait until vehicle deliveries begin. As with all IPOs, the schedule could change according to market conditions.Mar 10, 2022
How do I get rivian stock?
How to buy shares in RivianCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. Fund your account.Research the stock. ... Purchase now or later. ... Check in on your investment.
How do I buy pre IPO stock?
Register with crowdfunding platforms like AngelList, OurCrowd, and FundersClub, which allow you to invest directly in startup companies. Register with stock tokenization platforms like tZero, which converts pre-IPO stocks into blockchain-based tokens. You can trade these for cash any time you want.Jan 11, 2022
Is RIVN stock a buy?
Is RIVN a Buy? Wall Street analysts, on average, still rate the stock a Buy. Of the 15 analysts tracked by SA, seven rated the stock a Strong Buy, four a Buy, four a Hold and none rated it a Sell.Mar 21, 2022
Can you buy IPO before it goes public?
The advantage to buying at an IPO before it goes public is to get in at a fixed share price. Once the offering is made public on the exchanges, the stock can rise or fall according to demand. Find the S-1 registration statement the company filed with the Securities and Exchange Commission at freeedgar.com.
Is it good to buy IPO on first day?
In a previous post, we looked at how some highly anticipated IPOs have fared so far in 2019. As an average investor, buying shares on the first day of trading would have resulted in gains for half of the investments made.
Can you buy pre-IPO on Robinhood?
You can place orders for certain stocks before their initial public offering using your Robinhood app. An initial public offering (IPO) is a company's first sale of stock to the public. We offer pre-IPO orders for a small selection of stocks, and won't support pre-IPO orders for every company that lists on the market.
Is Snapchat a buy Zacks?
- Hold. Zacks' proprietary data indicates that Snap Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the SNAP shares relative to the market in the next few months.
Is NIO a buy Zacks?
How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
Is it smart to buy stocks when they are low?
In the stock market, a herd mentality takes over, and investors tend to avoid stocks when prices are low. The end of 2008 and early 2009 were periods of excessive pessimism, but in hindsight, they were also times of great opportunity for investors who could have picked up many stocks at beaten-down prices.
How to buy shares in Rivian
Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
Buy Rivian shares from these brokerages
Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Is it a good time to buy Rivian stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Rivian overview
Rivian Automotive, Inc. develops and manufactures electric adventure vehicles. It offers five-passenger pickup trucks and sports utility vehicles. The company provides electric SUVs and electric pickup vehicles. The company was founded in 2009 and is based in San Jose, California.
Key Points
You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
How will Amazon's deal with Stellantis affect Rivian?
Rivian ( RIVN -6.54% ) grabbed a lot of attention after its multibillion-dollar initial public offering (IPO) last year. Many investors saw Rivian's partnership with Amazon ( AMZN -1.40% ), under which it will deliver 100,000 electric delivery vans to the latter, as a key pillar of Rivian's growth story.
The Amazon partnership
Amazon is looking to make its last-mile delivery operations low emission by switching to electric delivery vehicles. The e-commerce giant obviously doesn't want to rely on a single electric vehicle ( EV) maker for the same. Stellantis has been providing light commercial vehicles for Amazon's last- mile operations since 2018.
All is not lost for Rivian
Again, just as Rivian isn't the only one offering electric pickup trucks, SUVs, or delivery vans, Amazon isn't the only customer for Rivian. Rivian offers both consumer and commercial vehicles. In the commercial vehicle segment, Amazon seems to be Rivian's only customer as of now; at least, the company hasn't announced any other name so far.
Is the EV maker's stock a buy?
Rivian stock has fallen nearly 50% off its all-time high price of more than $172 that it hit in November. The stock has fallen nearly 17% so far in 2022. Despite the fall, Rivian stock sports a market capitalization of more than $77 billion.
Premium Investing Services
Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.
Rivian Automotive (RIVN)
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
Rivian Automotive, Inc. - Hold
Zacks' proprietary data indicates that Rivian Automotive, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the RIVN shares relative to the market in the next few months. In addition, Rivian Automotive, Inc.
Chart for RIVN
Rivian Automotive Inc. develops and manufactures electric vehicles. Rivian Automotive Inc. is based in Irvine, United States.
Post-IPO Expansion
Rivian announced Dec. 16, 2021, that it will open a vehicle assembly and battery plant near Atlanta. The $5 billion project is slated to break ground in the coming months.
Billionaire George Soros, Top Pension Funds Invest
Rivian stock has garnered the attention of other top investors too. Billionaire investor George Soros bought nearly 20 million shares of Rivian stock worth $2 billion in the quarter ended Dec. 31, 2021, according to a Feb. 11, 2022, financial filing . The purchase makes Soros Fund Management one of Rivian's top investors.
Rivian EV Lineup
The R1T electric pickup, which was named the MotorTrend Truck of the Year for 2022, starts at around $67,500, before the $7,500 federal tax credit. The seven-seater R1S SUV goes for about $70,000. The preorder launch editions of the two vehicles sold out at the end of 2020.
Road To Ramp-Up 'Choppy'
Morgan Stanley's Adam Jonas initiated Rivian coverage in December 2021, with an outperform rating and a price target of $147.
Deliveries Delayed
On Jan. 26, 2022, Bloomberg reported Rivian was ramping up production at its Normal, Ill., plant, after the factory had been shut down for a week earlier in the month. The report also said Rivian is now on pace to have nearly 200 delivery ready vehicles a week.
Rivian's Financials
Rivian reported a little revenue in Q3, but steep losses. Sales came in around $1 million and losses were $12.21 per share. Those results are in line with what the company said it expected in a previous SEC filing.
Rivian Faces Fierce EV Pickup Competition
The Rivian R1T is the first electric pickup to market, but not the last.