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Analyst Estimates for Rivian 2025. Overall, the Rivian stock price prediction for 2025 is $35.48. However, a five-year price target is essentially a guess, given market conditions, stock price ...
With bad profit margins, Rivian is currently burning a lot of cash. Over the last 12 months, the company has burned $5 billion in cash flow. With less than $10 billion in cash on the balance sheet ...
Continued cash burn. Rivian's Q2 revenue edged up 3% year over year to $1.16 billion as the company delivered 13,790 vehicles in the quarter, a 9% increase from a year ago. It produced 9,612 ...
The shares began trading on the Nasdaq under the ticker "RIVN". On its first trading day, the stock closed at $100.73 per share, valuing the company at just under $100 billion. [ 36 ] On November 19, 2021, Ford and Rivian announced that the two automakers no longer plan to co-develop an electric vehicle.
Rivian Automotive 's (NASDAQ: RIVN) stock tumbled 7% on Aug. 7 after it posted a mixed second-quarter report. The electric vehicle (EV) maker's revenue rose 3% year over year to $1.16 billion and ...
Justin Pope, The Motley Fool. July 23, 2024 at 9:45 AM. Up-and-coming electric vehicle company Rivian Automotive (NASDAQ: RIVN) went public in 2021 and has steadily fallen 90% from its peak due to ...
Rivian stock fell more than 27% in midday trading on Thursday. For the quarter, Rivian reported top-line revenue of $1.32 billion vs. estimates for $1.25 billion, with an adjusted loss per share ...
The automaker reported third quarter results that beat expectations last month, and boosted its full-year production forecast to 54,000 from 52,000 units. Its prior forecast of 52,000 units was ...