Rivian Automotive (RIVN -2.79%) was one of the market's hottest stocks just over four years ago. The electric vehicle (EV) maker went public at $78 per share on Nov. 10, 2021, and its stock more than doubled to a record closing price of $172.01 a week later.
Shares of Rivian Automotive (RIVN 2.07%) have fallen more than 90% from their all-time highs in late 2021. It's a worrying sign that Wall Street lacks confidence in the company.
With shares already down 14% year to date, Rivian Automotive (RIVN 2.07%) is off to a bad start in 2025. While the company has finally achieved its goal of gross profitability, the market remains skeptical about the long-term outlook as competition in the electric vehicle (EV) industry mounts.
Rivian Automotive (RIVN 3.73%) left investors hoping for more after it reported earnings last week. While the electric vehicle (EV) maker made progress in some areas, its production guidance for 2025 fell short of expectations.
Artificial intelligence (AI) stocks had a great 2024. One of the industry's largest suppliers, Nvidia, is now one of the largest publicly traded companies in the world.
Rivian and Lucid post narrower-than-expected Q4 losses. Let's dive into their results, outlook, and fundamentals to see if either stock is worth buying now.
Rivian Automotive (RIVN -4.26%) has had no trouble selling its popular electric vehicles (EVs) since the company went public back in 2021. What it had been unable to do was sell its trucks and SUVs for more than it cost to make them.
Rivian stock price has slipped sharply this week, joining other technology companies like Tesla and NVIDIA. It has slipped in the last two straight days, reaching a low of $11.45, its lowest swing since November 26.
Electric vehicle (EV) maker Rivian Automotive (RIVN -7.79%) has big plans in 2025. It could, in fact, become a make-or-break year for the young EV company, and there are reasons to be optimistic about its prospects.
Rivian Automotive's NASDAQ: RIVN stock price experienced a drop following the release of its fourth-quarter and full-year 2024 financial results, despite the EV manufacturer reporting its first quarterly gross profit and exceeding revenue expectations.
Rivian beat Q4'24 revenue and earnings expectations, achieving its first-ever positive gross margin and positive free cash flow, marking a significant business inflection point. Despite these improvements, Rivian's FY 2025 delivery outlook disappointed, causing shares to slump 5%. Rivian's gross profit per vehicle turned positive as well, showing improved production efficiencies.