Recently, Zacks.com users have been paying close attention to Rivian Automotive (RIVN). This makes it worthwhile to examine what the stock has in store.
Like other electric vehicle start-ups, Rivian (RIVN 3.59%) is trying to find its footing in an increasingly competitive market. The company has built a strong brand, outpacing all other automakers for customer satisfaction two years in a row, according to Consumer Reports.
One of the more high-profile electric vehicle (EV) stocks on the scene, pickup and SUV manufacturer Rivian Automotive (RIVN 3.59%), had a fine Thursday on the stock exchange. Investors traded the company's shares up by almost 4% on news that it had secured billions of dollars in financing from a very reliable source.
I've been a big fan of Rivian Automotive (RIVN 4.50%) for some time. The company is clearly capable of tremendous growth.
Rivian Automotive (RIVN) reachead $13.34 at the closing of the latest trading day, reflecting a -1.11% change compared to its last close.
Rivian (RIVN -2.60%) is a high risk stock that only more aggressive investors should be looking at. But, if you are looking at it, it might be worth jumping aboard before it releases fourth quarter 2024 and full year 2024 earnings on Feb. 20.
Over the past 12 months, Rivian (RIVN -2.53%) shares have been stuck under $20. That's a far cry from their all-time high of around $130.
There's no denying Tesla has been the centerpiece of the electric vehicle (EV) revolution to date. And rightfully so.
Rivian's (RIVN -2.53%) stock price has been volatile over the last 12 months, gyrating in price between $8 and $20. But make no mistake: Long term, this electric vehicle (EV) maker has huge growth potential.
After years of massive sales growth, Rivian Automotive (RIVN -4.95%) posted a decline in sales in late 2024. This was the first time in its publicly traded history that the electric vehicle (EV) maker saw its revenue base drop.
The bulls and bears have been in a good old-fashioned wrestling match with Rivian Automotive (RIVN -4.87%) stock over the past year, each landing some punches. For every big win, such as Rivian's joint venture with Volkswagen, and its Department of Energy (DoE) loan approval -- both worth billions -- there were production snags, cash burn, delivery disappointments, and a lack of 2025 launches or catalysts.
When Rivian Automotive Inc. (NASDAQ: RIVN) went public in November 2021, its market cap surged to $100 billion and was briefly even higher.