Electric vehicle (EV) maker Rivian (RIVN 4.42%) has proven to be a painful investment for most people who have owned the stock: Its shares today trade 93% below the all-time high of around $172 they hit in November 2021, just days after the company went public. To be fair, however, the stock was relatively overvalued at the time.
Rivian (RIVN 4.42%) is expected to report earnings on May 6. So far this year, shares of the EV maker have been weak, falling by more than 10%.
2025 has been a tough year for electric vehicle stocks. Companies like Lucid Group and Tesla have seen their valuations plummet.
Looking in the rearview mirror, investors will find that Rivian (RIVN 3.83%) has performed exceptionally well over the past year. Shares of the electric truck maker's stock have soared more than 33%, while the S&P 500 has nudged about 3.8% higher.
In the closing of the recent trading day, Rivian Automotive (RIVN) stood at $11.36, denoting a +1.88% change from the preceding trading day.
Shares of Rivian Automotive (NASDAQ:RIVN) bounced back on Tuesday, gaining 4.40% through a.m.
Aidan Gomez, the co-founder and CEO of generative AI startup Cohere, has joined the board of EV maker Rivian, according to a regulatory filing. The appointment is the latest sign that Rivian sees promises in applying AI to its own venture while positioning itself as a software leader — and even provider — within the automotive industry.
Rivian Automotive (RIVN 0.87%) exited 2023 with as much or more momentum than its electric vehicle (EV) start-up peers, but that has slowly eroded through today. Now throw in potential tariffs because Rivian imports key parts for the vehicles it produces in the U.S., and the bears are becoming louder.
Rivian (RIVN 0.87%) did something big in the fourth quarter of 2024. The goal is to keep that good news going in 2025.
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.
Rivian Automotive, Inc. (NASDAQ:RIVN ) Bank of America Securities 2025 Automotive Summit April 16, 2025 3:50 PM ET Company Participants Claire McDonough - CFO Unidentified Analyst [Abrupt Start] everybody for joining us for second last session of our two day marathon. Very happy to have Rivian, and Claire McDonough, Chief Financial Officer.
Rivian stock (NASDAQ: RIVN) has been downgraded by several major Wall Street firms ahead of the automaker's next earnings call, which is expected to be held on May 6.