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Overall, the Rivian stock price prediction for 2025 is $35.48. ... Forecasts range from a low of $27 to a high of $83, with an average forecast of $51.71. ... CNN. More than 90 Palestinians killed ...
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 ...
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 ...
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 ...
Rivian's stock price recovered significantly through the first half of 2023, reaching a period high of $28.06 on July 27, 2023. However, momentum has subsequently reversed with a $1.5bn convertible green note received poorly by the financial markets, [ 152 ] causing the share price to decline to a daily low of $15.88 on October 26, 2023.
But as part of the deal, Volkswagen will take a $1 billion equity stake in Rivian, invest an additional $2 billion in Rivian shares in 2025 and 2026, and put $2 billion into the joint venture ...
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 ...
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 ...