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Rivian Automotive (RIVN)
NASDAQ:RIVN
Rivian Automotive (RIVN) Stock Price & Analysis
10,534 Followers
RIVN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.26 - $28.06
Previous Close$16.75
Volume25.91M
Average Volume (3M)46.04M
Market Cap
$16.67B
Enterprise Value$12.06B
Total Cash (Recent Filing)$9.37B
Total Debt (Recent Filing)$4.75B
Price to Earnings (P/E)―
Beta2.22
Next Earnings
Aug 06, 2024EPS Estimate
-$1.24Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.76
Shares Outstanding995,320,232
10 Day Avg. Volume25,556,547
30 Day Avg. Volume46,036,155
Standard Deviation0.25
R-Squared0.19
Alpha-0.06
Financial Highlights & Ratios
Price to Book (P/B)1.12
Price to Sales (P/S)2.30
Price to Cash Flow (P/CF)-2.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.72
Enterprise Value/Gross Profit-5.94
Enterprise Value/Ebitda-5.91
Forecast
1Y Price Target
$18.00Price Target Upside7.46% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering22
Rivian Automotive News
Bulls Say, Bears Say
Bulls Say
Deliveries And ProductionRivian's Q2 deliveries of 13,790 beat the guidance, showing strong operational performance.
Financial PerformanceRivian's price target increased to $17 from $13 due to higher gross margins and lower operating expenses.
Partnership And InvestmentRivian secured a $5 billion partnership with Volkswagen to develop advanced vehicle architectures, enhancing its technological edge.
Bears Say
DemandThe company did not increase its 2024 production outlook, which could point to a demand slowdown in the near-term.
Financial PerformanceQ1 results were below expectations with a gross profit margin 10 points worse than consensus and a significant free cash flow deficit.
LiquidityRIVN added ~$5B of needed liquidity that will become available over the next 2.5 years, but ~$3B of this liquidity remains share dilutive.
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Ownership Overview
25.37% Insiders
18.68% Mutual Funds
11.84% Other Institutional Investors
44.11% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Rivian Automotive
Desktop Users
Mobile Users
RIVN FAQ
What was Rivian Automotive’s price range in the past 12 months?
Rivian Automotive lowest stock price was $8.26 and its highest was $28.06 in the past 12 months.
What is Rivian Automotive’s market cap?
Currently, no data Available
When is Rivian Automotive’s upcoming earnings report date?
Rivian Automotive’s upcoming earnings report date is Aug 06, 2024 which is in 15 days.
How were Rivian Automotive’s earnings last quarter?
Rivian Automotive released its earnings results on May 07, 2024. The company reported -$1.242 earnings per share for the quarter, missing the consensus estimate of -$1.152 by -$0.09.
Is Rivian Automotive overvalued?
According to Wall Street analysts Rivian Automotive’s price is currently Undervalued.
Does Rivian Automotive pay dividends?
Rivian Automotive does not currently pay dividends.
What is Rivian Automotive’s EPS estimate?
Rivian Automotive’s EPS estimate is -$1.24.
How many shares outstanding does Rivian Automotive have?
Rivian Automotive has 987,495,360 shares outstanding.
What happened to Rivian Automotive’s price movement after its last earnings report?
Rivian Automotive reported an EPS of -$1.242 in its last earnings report, missing expectations of -$1.152. Following the earnings report the stock price went up 0.195%.
Which hedge fund is a major shareholder of Rivian Automotive?
Among the largest hedge funds holding Rivian Automotive’s share is D1 Capital Partners LP. It holds Rivian Automotive’s shares valued at 64M.
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Rivian Automotive Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$18.00 (7.46% Upside)
$18.00 (7.46% Upside)
Blogger Sentiment
Bullish
RIVN Sentiment 66%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 3.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.4%
Last 30 Days >0.1%
Last 30 Days >0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-32.54%
12-Months-Change
Fundamentals
Return on Equity
-53.14%
Trailing 12-Months
Asset Growth
-13.51%
Trailing 12-Months
Company Description
Rivian Automotive
Rivian Automotive Inc designs, develops and manufactures category-defining electric vehicles and accessories.
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RIVN Earnings Call
Q1 2024
0:00 / 0:00
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RIVN Stock 12 Month Forecast
Average Price Target
$18.00
▲(7.46% Upside)
Technical Analysis
Best Analysts Covering RIVN
1 Year
1 Year Success Rate
9/9 ratings generated profit
1 Year Average Return
+39.30%
reiterated a buy rating 26 days ago
Copying Andres Sheppard's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +39.30% per trade.
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