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Rivian Automotive (RIVN)
NASDAQ:RIVN
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RIVN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.26 - $24.87
Previous Close$13.2
Volume18.82M
Average Volume (3M)40.27M
Market Cap
$13.31B
Enterprise Value$11.32B
Total Cash (Recent Filing)$7.87B
Total Debt (Recent Filing)$5.88B
Price to Earnings (P/E)―
Beta2.07
Next Earnings
Nov 06, 2024EPS Estimate
-$0.93Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.95
Shares Outstanding1,008,273,640
10 Day Avg. Volume21,777,934
30 Day Avg. Volume40,271,196
Standard Deviation0.25
R-Squared0.19
Alpha-0.05
Financial Highlights & Ratios
Price to Book (P/B)1.95
Price to Sales (P/S)2.71
Price to Cash Flow (P/CF)-4.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.26
Enterprise Value/Gross Profit-5.58
Enterprise Value/Ebitda-4.98
Forecast
1Y Price Target
$17.24Price Target Upside31.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering22
Rivian Automotive News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRivian's deliveries were up 9% year over year, showing growth in vehicle delivery performance.
PartnershipsThe partnership with Volkswagen is expected to strengthen liquidity, aiding Rivian's path to positive gross margins.
Product LaunchesRivian remains on track to launch the R2 vehicle platform, which is expected to be critical in expanding the market with a starting price below $50K.
Bears Say
Financial PerformanceRevenue of ~$1.16B came in lower than analyst estimate of ~$1.30B and declined ~3.3% sequentially from ~ $1.20B in the previous quarter.
Market DemandEV market demand remains muted, and to the extent Rivian needs to utilize more incentives/pricing actions prior to the R2 launch, there could be downside risk to EBITDA.
ProductionRIVN production of EDVs for Amazon currently paused due to shortage of unspecified components.
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Ownership Overview
25.04% Insiders
20.57% Mutual Funds
37.15% Other Institutional Investors
17.24% 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 $24.87 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 Nov 06, 2024 which is in 48 days.
How were Rivian Automotive’s earnings last quarter?
Rivian Automotive released its earnings results on Aug 06, 2024. The company reported -$1.255 earnings per share for the quarter, missing the consensus estimate of -$1.24 by -$0.015.
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 -$0.93.
How many shares outstanding does Rivian Automotive have?
Rivian Automotive has 1,000,448,670 shares outstanding.
What happened to Rivian Automotive’s price movement after its last earnings report?
Rivian Automotive reported an EPS of -$1.255 in its last earnings report, missing expectations of -$1.24. Following the earnings report the stock price went down -6.892%.
Which hedge fund is a major shareholder of Rivian Automotive?
Among the largest hedge funds holding Rivian Automotive’s share is Gilder Gagnon Howe & Co LLC.. It holds Rivian Automotive’s shares valued at 36M.
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Rivian Automotive Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$17.24 (31.60% Upside)
$17.24 (31.60% Upside)
Blogger Sentiment
Bullish
RIVN Sentiment 65%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 2.9M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-45.40%
12-Months-Change
Fundamentals
Return on Equity
-62.50%
Trailing 12-Months
Asset Growth
-10.87%
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
Q2 2024
0:00 / 0:00
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RIVN Stock 12 Month Forecast
Average Price Target
$17.24
▲(31.60% Upside)
Technical Analysis
Best Analysts Covering RIVN
1 Year
1 Year Success Rate
7/10 ratings generated profit
1 Year Average Return
+15.71%
reiterated a buy rating 2 months ago
Copying Andres Sheppard's trades and holding each position for 1 Year would result in 70.00% of your transactions generating a profit, with an average return of +15.71% per trade.
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