Previous close | 14.57 |
Open | 14.65 |
Bid | 0.00 x 4000 |
Ask | 0.00 x 3000 |
Day's range | 14.65 - 15.46 |
52-week range | 11.68 - 40.86 |
Volume | |
Avg. volume | 28,859,575 |
Market cap | 14.222B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | -7.36 |
Earnings date | 09 May 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 23.80 |
While the company has been scaling its business rapidly, it's still reporting large losses, and the stock has been incredibly volatile since its late-2021 initial public offering. Jeremy Bowman: Rivian stock is down more than 90% since it peaked shortly after its IPO in November 2021. Rivian is still an unproven start-up, and high expectations are very much priced into the stock, given the company is a long way from becoming profitable.
Rivian is headed down an unsustainable path and needs to find a way forward before running out of cash.
IRVINE, Calif., May 26, 2023--Rivian (NASDAQ: RIVN) has today announced that on Thursday, June 15, 2023, at 2:20pm ET, its CFO, Claire McDonough, will participate in a fireside chat at the Deutsche Bank Global Auto Industry Conference.
Markets are poised to end the week on a positive note as confidence builds that a debt ceiling deal is within reach. For the first time, Rivian has achieved production of the first dual-motor R1T electric pickup trucks. Speaking on the company's success, Tim Fallon, vice president of manufacturing operations, said, "Introducing our dual-motor variants is a major milestone in ramping our facility to its full capacity, and they [employees] have done a great job working across so many functions to make this happen."
New Constructs CEO David Trainer joins Yahoo Finance Live to discuss the EV market at large and details growing competition between Tesla and Ford.
EV stocks were hit hard in 2022, giving investors an opportunity to invest in them at relatively cheap valuations.
Rivian (NASDAQ: RIVN) has big growth plans, but how much demand does it have for vehicles? A recent announcement about the company's delivery time should be an alarm to investors, and Travis Hoium covers how the story has changed in the last six months for Rivian.
IRVINE, Calif., May 23, 2023--Rivian (NASDAQ: RIVN), has today announced that at 8.00am ET on Friday, June 2, 2023, its Founder and CEO RJ Scaringe will participate in a fireside chat at Bernstein’s 39th Annual Strategic Decisions Conference.
Shares of electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) are accelerating higher to start the week. After the company announced news on Friday, investors are expressing their approval today. In addition, news from a legacy automaker regarding its EV plans is also contributing to the strong buying activity of Lucid Group (NASDAQ: LCID) and Fisker (NYSE: FSR).
Tesla (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) have made big strides in their goals to capture a greater market share of electric vehicle sales. Tesla is admittedly further along that path. Fool.com contributor and finance professor Parkev Tatevosian answers which EV stock he would buy right now.
General Motors is throwing down the gauntlet in the burgeoning EV pickup wars, with a range-topping figure for its new model for fleet customers.
Should investors be excited or worried when a stock crosses above the 50-Day simple moving average?
Rivian (NASDAQ: RIVN) gave investors an interesting look at where they could be in one year. Fool.com contributor and finance professor Parkev Tatevosian discusses the potential for Rivian stock in 2023.
Some of the world's top money managers couldn't press the sell button fast enough with these high-profile stocks during the first quarter.
New data from enthusiast motor magazine, TV network, and car shopping site MotorTrend finds that electric vehicles are hot on their users’ buying lists. And one upcoming EV pickup truck could be the most polarizing.
MotorTrend Group CEO and President Alex Wellen joins Yahoo Finance Live to discuss why people are interested in EVs, the most popular EVs, the Tesla Cybertruck, and EV price points.
Electric vehicle (EV) company Rivian's (NASDAQ: RIVN) price strategy could be good news for investors. Fool.com contributor and finance professor Parkev Tatevosian goes over why he thinks the conservative approach to pricing could help Rivian stock investors.
Rivian (NASDAQ: RIVN) is one of the most innovative growth stocks in the market today. In this video, Fool.com contributor and finance professor Parkev Tatevosian talks about what's going on with Rivian's stock price.
Good news for investors who have been waiting for a surge in electric vehicle (EV) sales: The EV boom is here. Rivian Automotive (NASDAQ: RIVN), a relative newcomer to the EV manufacturing race, has a number of things going for it as it tries to convince investors it could be the next great EV stock. The EV manufacturer's production was slow to start 2023 due to retooling its electric delivery van (EDV) assembly line, but management confirmed it still expects to reach 50,000 in production units for the full year, which will be a 100% increase compared to 2022.
Rivian (NASDAQ: RIVN) has gone through billions of dollars creating an innovative electric vehicle company. Fool.com contributor and finance professor Parkev Tatevosian highlights Rivian's plans for profits.
Investor enthusiasm for electric vehicle (EV) makers has dimmed somewhat in recent months. One recent exception is pickup and utility van manufacturer Rivian Automotive (NASDAQ: RIVN), which saw its share price zoom after it reported its latest set of quarterly results.
Rivian (NASDAQ: RIVN) investors have had a rough go of it in the last year and a half. The stock went public just as the Nasdaq was peaking in November 2021, and the timing was fortuitous for the unproved electric vehicle (EV) maker as it cashed in on a sky-high valuation, raising $12 billion. Investors who are hoping Rivian will be the next Tesla (NASDAQ: TSLA) got mixed results from the company's first-quarter earnings report.
By Michael Elkins
Based on the nearly 7,950 vehicles delivered, the average selling price (ASP) for Rivian's EVs was over $83,000 per vehicle. While many other EV makers are lowering prices, Rivian realized an ASP increase. New reservation holders will likely pay more than customers with existing orders.
(Bloomberg) -- George Soros’s investment firm cut holdings in electric-vehicle makers, slashing a stake in Rivian Automotive Inc. after a 90% share decline and eliminating an investment in Tesla Inc.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpSoros Fund Management so