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CGC   0.90 (-2.27%)
GE   110.98 (+0.96%)
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Most-Upgraded StocksMost-Upgraded
NASDAQ:RIVN

Rivian Automotive (RIVN) Stock Forecast, Price & News

$22.97
+0.71 (+3.19%)
(As of 02:58 PM ET)
Compare
Today's Range
$21.99
▼
$23.33
50-Day Range
$19.64
▼
$27.64
52-Week Range
$11.68
▼
$37.39
Volume
24.01 million shs
Average Volume
35.57 million shs
Market Capitalization
$21.78 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.15
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

Rivian Automotive MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
32.2% Upside
$29.15 Price Target
Short Interest
Bearish
13.17% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.66mentions of Rivian Automotive in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$79,144 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($5.89) to ($4.29) Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.30 out of 5 stars

Auto/Tires/Trucks Sector

27th out of 94 stocks

Motor Vehicles & Car Bodies Industry

7th out of 30 stocks

See Top Rated MarketRank™ Stocks Here

RIVN stock logo

About Rivian Automotive (NASDAQ:RIVN) Stock

Rivian Automotive, Inc. is an OEM EV manufacturer focused on pickup trucks and SUVs. The company was founded in 2009 and is based in San Jose, California. Rivian is among the greenest of the EV makers choosing to achieve carbon neutrality well ahead of the Paris Climate Accord timeline. Rivian Automotive went public in 2021.

The company designs, develops, manufactures, and sells electric adventure vehicles and accessories through direct sales to consumers and commercial markets. The company vehicles are designed for sustainability and long lifespans across all components with repairability and reusability key to the end result. That includes engineering specifications such as easily removable batteries and batteries that can be easily recycled or repurposed into stationary power packs when their EV lifespan is spent.

The company offers five-passenger pickup trucks and sports utility vehicles under the R1T and R1S labels. The R1T is a highly configurable pickup while the R1S is an off-road capable SUV. The R1T is hailed as the world’s first EV adventure vehicle, it began production in early 2021 and the first deliveries were made later that same year. By mid-2022 the company had delivered more than 8,000 vehicles with production ramping quickly.

The R1T comes with 8 different drive modes geared for offroading, city adventures, and everything in between. Among the choices is the “Drift” mode which proactively distributes power to offset traction control and increase the “fun” factor. The vehicle comes with a 240 to 400-mile range depending on the battery and motor combination and individual driving styles. In regard to its capabilities, the truck can go from 0 to 60 in 3 seconds, tow up to 11,000 pounds, and wade through 3 feet of water with no problems.

The Rivian R1S began production in 2022 and began deliveries later that year. The R1S comes with a 260 to 320-mile range and can also wade through 3 feet of water. The R1S also boasts the ability to rock crawl up a 100% incline or 45-degree slope.

Rivian is also developing a final-mile delivery van solution in collaboration with Amazon.com The Fleet Ecosystem begins with the FleetOS which is the company’s propriety operating system. The OS allows for end-to-end unification of telematics, charging, and maintenance. The Fleet system also includes charging and powering solutions to ensure maxim efficiency and uptime. The partnership with Amazon included an initial 100,000-vehicle preorder that equates to years of production for this product line alone.

Rivian is also building the Rivian Adventure Network, a series of charging stations along popular routes and out-of-the-way destinations. The charging stations can add up to 120 miles of range to a battery pack in just 20 minutes. The company is planning to launch at least 2500 stations nationwide.

RIVN Price History

RIVN Stock News Headlines

September 18, 2023 | marketbeat.com
Arm's Blockbuster IPO: Big Names and High Expectations (RIVN)
Arm Holdings' $5 billion IPO marks the largest U.S. IPO of 2023, driven by strong investor interest. Major tech players are backing the chip designer's growth.
September 14, 2023 | marketbeat.com
Afraid to Chase Tesla? Here Are the 3 Best Alternative EV Stocks (RIVN)
There’s a lot more to the EV market than just Tesla, and here are three alternatives that will give you that feeling of getting in at a discount.
September 27, 2023 | Wall Street Fundamentals (Ad)
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
September 26, 2023 | msn.com
Jim Cramer thinks Rivian is a worth a look for investors looking to buy an EV stock
September 26, 2023 | finance.yahoo.com
Why Rivian Automotive Stock Popped on Tuesday
September 26, 2023 | barrons.com
Rivian Is Set for a Beat But Tesla Might Miss Delivery Estimates. Why Baird Backs Both Stocks.
September 26, 2023 | msn.com
Rivian’s stock is a bullish ‘fresh pick’ ahead of deliveries data, Tesla’s not so much
September 26, 2023 | finance.yahoo.com
Rivian to Beat EV Delivery Estimates as Tesla Faces Hurdles, Says Analyst
September 27, 2023 | Wall Street Fundamentals (Ad)
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
September 25, 2023 | finance.yahoo.com
Rivian: 2023 Rebound Looks Fragile
September 25, 2023 | finance.yahoo.com
Is This Cathie Wood EV Stock Flying Under The Radar?
September 22, 2023 | benzinga.com
Rivian Automotive Unusual Options Activity For September 22
September 22, 2023 | markets.businessinsider.com
Rivian’s Rising Tide: Why the EV Dark Horse Might Surprise This Fall
September 21, 2023 | finance.yahoo.com
Wall Street Analysts Think Rivian Automotive (RIVN) Is a Good Investment: Is It?
September 21, 2023 | finance.yahoo.com
Writers, Producers Close To Ending 100-Day Strike, Elon Musk's X Takes A Step Closer To 'Everything App' - Top Headlines Today While US Was Sleeping
September 21, 2023 | msn.com
Rivian EVs Make Gaming Debut: R1T, R1S Drive Into Forza Horizon
September 21, 2023 | finance.yahoo.com
A Bull Market in Electric Vehicles Is Coming: 3 Smart Reasons to Buy Rivian Stock Right Now
September 19, 2023 | finance.yahoo.com
Why EV Stocks Like Rivian and Nikola Got Thrown Into Reverse Today
September 18, 2023 | msn.com
Why This Analyst Expects Rivian's 2023 Production Guidance To Go Higher In October
September 18, 2023 | finance.yahoo.com
Best Stocks to Buy: Rivian Stock vs. Lucid Stock
September 18, 2023 | msn.com
Rivian Automotive expects positive margin trend to continue
September 18, 2023 | finance.yahoo.com
Zacks Investment Ideas feature highlights: Rivian Automotive, Altus Power and Livent
September 17, 2023 | americanbankingnews.com
Rivian Automotive, Inc. (NASDAQ:RIVN) Receives Average Recommendation of "Moderate Buy" from Brokerages
September 15, 2023 | finance.yahoo.com
3 Predictions for Rivian Stock
September 15, 2023 | benzinga.com
Thinking about buying stock in Lithium Americas, Novo Integrated Sciences, Rivian Automotive, Aurora Cannabis, or iCoreConnect?
September 15, 2023 | markets.businessinsider.com
New Buy Rating for Rivian Automotive (RIVN), the Technology Giant
September 14, 2023 | finance.yahoo.com
SoftBank’s Arm, the biggest IPO of the year and the largest since Rivian in 2021, gains nearly 20% in debut.
See More Headlines
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RIVN Company Calendar

Last Earnings
8/08/2023
Today
9/27/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Sector
Auto/Tires/Trucks
Current Symbol
NASDAQ:RIVN
CUSIP
N/A
CIK
1874178
Web
www.rivian.com
Phone
888-748-4261
Fax
N/A
Employees
14,122
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$29.15
High Stock Price Forecast
$44.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+31.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
20 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($6.47)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-6,752,000,000.00
Net Margins
-200.97%
Pretax Margin
-200.91%
Return on Equity
-38.91%
Return on Assets
-28.83%

Debt

Debt-to-Equity Ratio
0.23
Current Ratio
5.66
Quick Ratio
4.71

Sales & Book Value

Annual Sales
$1.66 billion
Price / Sales
12.67
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$14.98 per share
Price / Book
1.48

Miscellaneous

Outstanding Shares
948,140,000
Free Float
926,329,000
Market Cap
$21.01 billion
Optionable
Not Optionable
Beta
2.13
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Key Executives

  • Mr. Robert Joseph Scaringe Ph.D. (Age 39)
    Founder, CEO & Chairman
    Comp: $1.01M
  • Ms. Claire McDonoughMs. Claire McDonough (Age 41)
    Chief Financial Officer
    Comp: $580.63k
  • Mr. Frank Klein
    Chief Operations Officer
  • Mr. Jeffrey R. Baker (Age 54)
    Chief Accounting Officer
  • Ms. Diane Lye
    Chief Information Officer
  • Mr. Timothy Francis Bei C.F.A. (Age 50)
    CFA, VP of Investor Relations
  • Mr. Michael J. Callahan (Age 54)
    Chief Legal Officer & Sec.
  • Ms. Helen Russell (Age 55)
    Chief People Officer
  • Mr. Nick Kalayjian
    Chief Product Devel. Officer
  • Mr. Jeff Hammoud
    Chief Design Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













RIVN Stock - Frequently Asked Questions

Should I buy or sell Rivian Automotive stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rivian Automotive in the last year. There are currently 8 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RIVN shares.
View RIVN analyst ratings or view top-rated stocks.

What is Rivian Automotive's stock price forecast for 2023?

20 brokerages have issued twelve-month price objectives for Rivian Automotive's shares. Their RIVN share price forecasts range from $15.00 to $44.00. On average, they expect the company's stock price to reach $29.15 in the next twelve months. This suggests a possible upside of 31.5% from the stock's current price.
View analysts price targets for RIVN or view top-rated stocks among Wall Street analysts.

How have RIVN shares performed in 2023?

Rivian Automotive's stock was trading at $18.43 at the start of the year. Since then, RIVN stock has increased by 20.2% and is now trading at $22.16.
View the best growth stocks for 2023 here.

When is Rivian Automotive's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our RIVN earnings forecast.

How were Rivian Automotive's earnings last quarter?

Rivian Automotive, Inc. (NASDAQ:RIVN) released its quarterly earnings results on Tuesday, August, 8th. The electric vehicle automaker reported ($1.08) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.42) by $0.34. The electric vehicle automaker earned $1.12 billion during the quarter, compared to the consensus estimate of $1.02 billion. Rivian Automotive had a negative trailing twelve-month return on equity of 38.91% and a negative net margin of 200.97%. The firm's revenue for the quarter was up 208.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($1.89) EPS.

What ETFs hold Rivian Automotive's stock?

ETFs with the largest weight of Rivian Automotive (NASDAQ:RIVN) stock in their portfolio include VanEck Green Infrastructure ETF (RNEW), ALPS Clean Energy ETF (ACES), Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV), Parabla Innovation ETF (LZRD), Global X Lithium & Battery Tech ETF (LIT), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), iShares Self-Driving EV and Tech ETF (IDRV) and SoFi Social 50 ETF (SFYF).

When did Rivian Automotive 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 Automotive's stock symbol?

Rivian Automotive trades on the NASDAQ under the ticker symbol "RIVN."

Who are Rivian Automotive's major shareholders?

Rivian Automotive's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.94%), Capital Research Global Investors (1.42%), State Street Corp (1.25%), Mirae Asset Global Investments Co. Ltd. (0.91%), Geode Capital Management LLC (0.90%) and Citadel Advisors LLC (0.00%). Insiders that own company stock include Claire Mcdonough, Jay T Flatley, Jeff Baker, Jiten Behl, Motor Co Ford, Robert J Scaringe and Rose M Marcario.
View institutional ownership trends.

How do I buy shares of Rivian Automotive?

Shares of RIVN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Rivian Automotive's stock price today?

One share of RIVN stock can currently be purchased for approximately $22.16.

How much money does Rivian Automotive make?

Rivian Automotive (NASDAQ:RIVN) has a market capitalization of $21.01 billion and generates $1.66 billion in revenue each year. The electric vehicle automaker earns $-6,752,000,000.00 in net income (profit) each year or ($6.47) on an earnings per share basis.

How many employees does Rivian Automotive have?

The company employs 14,122 workers across the globe.

How can I contact Rivian Automotive?

The official website for the company is www.rivian.com. The electric vehicle automaker can be reached via phone at 888-748-4261 or via email at ir@rivian.com.

This page (NASDAQ:RIVN) was last updated on 9/27/2023 by MarketBeat.com Staff

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