Is Rivian a good investment?
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.
When to buy Rivian?
- Large pack battery standard
- Powered tonneau cover
- Gear Guard
- Air compressor
- Rivian Elevation audio by Meridian
- Natural-grained ash wood interior finishes
- Perforated vegan leather seating with patterned stitching
- Heated and ventilated seats
- Heated steering wheel
- Driver and passenger lumbar adjustment
Is Rivian stock a buy after the IPO?
The argument that the market overhyped Rivian Automotive (NASDAQ:RIVN) stock for the first week after ... is a buy opportunity. I think Rivian is still on a path for great success. Its IPO was ...
Can you buy Rivian stock?
Rivian stock has fallen 64% off its all-time high price ... Long-time investors in the market know that a correction offers an opportunity to buy quality stocks at bargain prices. No one can predict for sure how long or deep the correction would be.
Why is Rivian stock dropping?
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.
Is Rivian losing money?
Rivian, which is now delivering its R1T pickup and R1S SUV to consumers and EDV commercial electric van to Amazon, reported net losses of $1.59 billion in the first quarter, compared with $414 million in the same period last year.
What happened Rivian?
With interest rates on the rise, investors have been rotating away from high-growth stocks and loss-making names, and this rotation is hurting Rivian badly, given that the company remains deeply unprofitable, with its cash burn for Q1 standing at over $1.4 billion as it invested in scaling up capacity.
Does Rivian stock grow?
Key Points. In 2021, all the net growth in global car sales came from electric segment. Rivian is progressing on its growth plans, albeit slowly, due to supply chain challenges. In the long run, Rivian aims to capture more than 10% of the global electric vehicle market share.
Is Rivian a good buy stock?
An investment in Rivian is aggressive and full of risk. The company recently acknowledged it will have to absorb rising raw material costs, and it had to scale back its near-term production plans due to supply chain shortages. The execution risk is real, and there is also a real chance the company could fail.
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.
Who holds Rivian stock?
It Still Holds 94 Million Shares in the EV Startup. Ford Motor sold 8 million Rivian Automotive shares after the initial public offering lockup expired on Monday.
What is the future of Rivian stock?
The market data provider expected the stock price to plunge to $0.000001 by November 2022 and remain there though 2023, 2024, 2025, 2026 to May 2027. The website did not provide Rivian stock predictions for 2030.
Is Rivian as good as Tesla?
Rivian earns a slight edge over the less-expensive Teslas here, claiming that the R1T tows 11,000 pounds compared to 7,500 and 10,000 pounds for the single- and double-motor Cybertrucks, respectively.
Will Rivian stock come back?
In December 2021, Morgan Stanley's Adam Jonas gave EV maker Rivian (RIVN) an outperform rating and a price target of $147. Rivian is “the one,” he maintains, that has the greatest potential to be a serious challenge to Tesla.
Is Rivian stock overpriced?
Despite a 75% drop in valuation, Rivian is still overpriced. Competitors like Ford have much more production capability and a lower price. Continued chip and metals shortages will affect Rivian more than other competitors.
Will Rivian stock bounce back?
Even as Rivian struggles to ramp up production of its electric pickups and SUVs amid ongoing supply chain issues, most Wall Street analysts maintain a “buy” rating on the stock and remain convinced that it will eventually bounce back.
How much money has Rivian lost?
Share All sharing options for: Rivian lost $1.59 billion and delivered 1,227 electric trucks in the first quarter of 2022. Rivian, the buzzy electric vehicle company backed by Ford and Amazon, reported a net loss of $1.59 billion in the first quarter of 2022 based on $95 million in revenue.
Does Rivian have any debt?
Rivian Automotive long term debt for 2021 was $1.226B, a 2508.51% increase from 2020. Rivian Automotive long term debt for 2020 was $0.047B, a 33.8% decline from 2019. Rivian Automotive long term debt for 2019 was $0.071B, a INF% increase from .
Does Rivian make a profit?
Rivian said it had around 71,000 preorders for its R1T pickup and R1S SUV in North America as of Dec. 15, 2021. Preorders require a $1,000 refundable deposit. Rivian says it doesn't expect to be profitable for the foreseeable future.
How much debt does Rivian have?
Rivian can meet all short to medium term obligations many times over. Total assets came to $22.294B versus total liabilities less equity of $2.78B. Long-term debt runs at $1.226B. Now, the fundamentals of the business are obviously soft as the firm is having more trouble working out the kinks of scaling production.
NASDAQ: RIVN
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The up-and-coming electric vehicle manufacturer reported disappointing earnings
Shares prices of Rivian Automotive ( RIVN 2.52% ) are hovering around a 52-week low after the electric truck, SUV, and delivery van manufacturer reported its first quarterly earnings as a public company.
1. Disappointing production numbers
Rivian's goal was to produce 1,200 vehicles by the end of the year after delivering its first R1T truck in September. Unfortunately, Rivian only produced 650 R1T vehicles as of Dec. 15, and delivered 384 of them, as well as producing and delivering two R1S vehicles in mid-December.
2. Wider-than-expected loss
In its Q3 shareholder letter, Rivian reported that it raised a staggering $13.7 billion in gross proceeds from its November initial public offering (IPO). With only $1 million in revenue for the nine months ended Sept. 30, 2021, Rivian's spending naturally took a sizable toll on its income statement.
3. New manufacturing plants won't be cheap
Rivian announced a $5 billion investment in a second manufacturing plant in Georgia. Construction is expected to begin next summer, with production slated for 2024. The Georgia plant will have an annual capacity of 400,000 vehicles, compared to its Illinois factory's existing production of 150,000 vehicles per year.
Some bright spots
The earnings report wasn't all bad. Rivian reported 71,000 reservations for its R1T pickup truck from the U.S. and Canada. That number comes on top of the 100,000 orders Amazon has placed for its electric delivery vans. For reference, consider that Rivian reported 48,000 R1T preorders as of Sept.
What to do now
Rivian is just a few months into production. It also just went through the major step of going public. Given the context, its 2021 financial metrics and production numbers should be taken with a grain of salt.
Rivian is struggling to live up to its goals even as competition heats up
A Fool since 2011, Neha has a keen interest in materials, industrials, and mining sectors. Her favorite pastime: Digging into 10Qs and 10Ks to pull out important information about a company and its operations that an investor may otherwise not know. Other days, you may find her decoding the big moves in stocks that catch her eye.
What happened
After a stunning debut on the Nasdaq Stock Market on Nov. 10, 2021, that saw Rivian Automotive ( NASDAQ:RIVN) leap past $100 billion in market capitalization within the first two trading days, the electric vehicle (EV) stock soon ran out of gas and ended the month of December down 13.4%, according to data provided by S&P Global Market Intelligence.
So what
Rivian started to lose steam in late November after some things seemed to go against the EV maker's favor. Ford Motor Company, for example, which bought $500 million in the electric truck start-up in 2019 as part of a strategic partnership, decided to abandon plans to co-develop an electric truck with Rivian.
Now what
Although Rivian fell short of its production target in 2021, it received 71,000 preorders for R1T trucks as of Dec. 15, 2021, over and above the orders for 100,000 electric vans it already has from e-commerce giant Amazon.
What happened
For the fourth trading day in a row, Rivian ( RIVN 2.52% ) stock is falling. Down 3.5% as of 1:35 p.m. ET, Rivian stock actually costs less today than it did at its initial public offering (IPO) two months ago.
So what
A couple of theories suggest themselves. First and foremost, Rivian is an unprofitable electric truck start-up.
Now what
Yesterday, you see, Ford Motor ( F 2.85% ) announced that it plans to book an $8.2 billion gain from its investment in Rivian when it reports earnings next month.
What happened
Shares of electric-vehicle maker Rivian Automotive (NASDAQ: RIVN) opened lower again on Tuesday as traders and investors continued to sell off auto stocks while awaiting the results of a Federal Reserve Bank policy meeting.
So what
It's no secret that U.S. inflation is at levels not seen in decades, and it's not much of a secret that the Fed is likely to respond by raising interest rates -- and probably soon. The Fed's Open Market Committee is meeting today and tomorrow. Most observers expect the meeting to conclude with a signal that rates will begin to rise in March.
Now what
While Rivian has stumbled a bit in its first months as a public company, I continue to think that it's a well-managed automaker with a good chance of building a sustainable EV business.
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Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community.
What happened
Rivian Automotive (NASDAQ: RIVN) stock dropped Friday morning, shedding almost 4.6% in the first hour of trading before gaining some ground.
So what
One of the biggest challenges that Scaringe highlighted at the conference on Thursday was the ongoing semiconductor-chip shortage, according to Reuters. Supply constraint was the primary reason why Rivian fell short of its production target of 1,200 vehicles in 2021, and its shares took a massive hit thereafter.
Now what
The chip shortage is a real concern, and the obstacles to expansion at Rivian's Normal factory has only added to the several questions investors are already seeking answers to from the company when it reports its quarterly numbers on March 10. Scaringe, though, also just said that Rivian is targeting a 10% share in the EV market by 2030.
The Motley Fool
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community.
