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S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Stock market today: Asian shares mixed, with most regional markets closed after Wall St ticks higher
Laser breakthrough could send stock soaring 2,467% (Ad)
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
Low Beta Stocks To Offset A Possible Hard Landing
New Cash Law Will Be Disaster for Savers (Ad)
5 Cheap Ways to Ride The AI Supercycle to Profits
Nursing Home REITs: The Surprise Heroes of High Yield Investing
New Cash Law Will Be Disaster for Savers (Ad)
3 Intriguing ETFs Trading Under $10 a Share
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Stock market today: Asian shares mixed, with most regional markets closed after Wall St ticks higher
Laser breakthrough could send stock soaring 2,467% (Ad)
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
Low Beta Stocks To Offset A Possible Hard Landing
New Cash Law Will Be Disaster for Savers (Ad)
5 Cheap Ways to Ride The AI Supercycle to Profits
Nursing Home REITs: The Surprise Heroes of High Yield Investing
New Cash Law Will Be Disaster for Savers (Ad)
3 Intriguing ETFs Trading Under $10 a Share
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Stock market today: Asian shares mixed, with most regional markets closed after Wall St ticks higher
Laser breakthrough could send stock soaring 2,467% (Ad)
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
Low Beta Stocks To Offset A Possible Hard Landing
New Cash Law Will Be Disaster for Savers (Ad)
5 Cheap Ways to Ride The AI Supercycle to Profits
Nursing Home REITs: The Surprise Heroes of High Yield Investing
New Cash Law Will Be Disaster for Savers (Ad)
3 Intriguing ETFs Trading Under $10 a Share
Energy Stocks Shine as High Oil Prices Boost Dividend Yields

Rivian Automotive (RIVN) Stock Forecast, Price & News

$23.08
+0.03 (+0.13%)
(As of 09/28/2023 ET)
Compare
Today's Range
$22.23
$23.24
50-Day Range
$19.64
$27.64
52-Week Range
$11.68
$37.39
Volume
22.95 million shs
Average Volume
35.57 million shs
Market Capitalization
$21.88 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.15

Rivian Automotive MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
26.3% Upside
$29.15 Price Target
Short Interest
Bearish
13.17% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.77mentions of Rivian Automotive in the last 14 days
Based on 15 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.

2.37 out of 5 stars

Auto/Tires/Trucks Sector

33rd out of 93 stocks

Motor Vehicles & Car Bodies Industry

9th out of 29 stocks


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

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.
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.
Successful Options Trading Begins With…
Options trading expert Wendy Kirkland’s free guide reveals the options trading principles that are as easy to implement as they are to learn and how using them could earn you thousands in extra income each month!
RIVN Sep 2023 22.000 call
Does Rivian Still Have An Existential Crisis?
Successful Options Trading Begins With…
Options trading expert Wendy Kirkland’s free guide reveals the options trading principles that are as easy to implement as they are to learn and how using them could earn you thousands in extra income each month!
Why Rivian Automotive Stock Popped on Tuesday
Rivian: 2023 Rebound Looks Fragile
Is This Cathie Wood EV Stock Flying Under The Radar?
Rivian’s Rising Tide: Why the EV Dark Horse Might Surprise This Fall
Best Stocks to Buy: Rivian Stock vs. Lucid Stock
3 Predictions for Rivian Stock
See More Headlines
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RIVN Company Calendar

Last Earnings
8/08/2023
Today
9/29/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Current Symbol
NASDAQ:RIVN
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
+26.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
20 Analysts

Profitability

Net Income
$-6,752,000,000.00
Net Margins
-200.97%
Pretax Margin
-200.91%

Debt

Sales & Book Value

Annual Sales
$1.66 billion
Book Value
$14.98 per share

Miscellaneous

Free Float
926,329,000
Market Cap
$21.88 billion
Optionable
Not Optionable
Beta
2.13
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

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













RIVN Stock - Frequently Asked Questions

Should I buy or sell Rivian Automotive stock right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rivian Automotive in the last twelve months. There are currently 8 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street 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 12 month price objectives for Rivian Automotive's stock. Their RIVN share price forecasts range from $15.00 to $44.00. On average, they predict the company's share price to reach $29.15 in the next year. This suggests a possible upside of 26.3% 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 beginning of the year. Since then, RIVN shares have increased by 25.2% and is now trading at $23.08.
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) issued its quarterly earnings results on Tuesday, August, 8th. The electric vehicle automaker reported ($1.08) earnings per share for the quarter, topping the consensus estimate of ($1.42) by $0.34. The electric vehicle automaker earned $1.12 billion during the quarter, compared to analysts' expectations 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 prior year, the company posted ($1.89) EPS.

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 $57.00-$62.00 per share.

What is Rivian Automotive's stock symbol?

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

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 $23.08.

How much money does Rivian Automotive make?

Rivian Automotive (NASDAQ:RIVN) has a market capitalization of $21.88 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 9/29/2023 by MarketBeat.com Staff

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