Rivian (NASDAQ: RIVN) started 2025 on a strong note, rallying to $16.49 in early January—its highest level since July 2024, after exceeding analyst expectations for yearly deliveries.
Rivian Automotive Inc (NASDAQ:RIVN) shares slumped more than 7% after the electric vehicle maker was downgraded by Bank of America analysts. They downgraded Rivian to “Underperform” from “Neutral” and awarded it a $10 price target, down from $13.
Shares of Rivian Automotive (RIVN -7.21%) plunged 9.7% shortly after 10 a.m. ET today, sinking to their lowest price so far this year.
RIVN issues a recall for 17,260 vehicles in the United States due to a headlight malfunction that can impair visibility and increase the likelihood of an accident.
Growth stocks have a lot of upside potential -- that's why they're called growth stocks. But reality is often trickier than theory.
Rivian (RIVN -4.70%) forecasts a decrease in vehicle deliveries in 2025 as consumer demand for electric vehicles (EVs) remains cool.
Rivian (RIVN -4.70%) has a long way to go in terms of sales growth. But long term, it could become the next Tesla.
Rivian (RIVN -4.70%) reported a gross profit in the fourth quarter of 2024, but that masks some real challenges the company faces in 2025. Demand for vehicles is well below capacity, and the company doesn't expect to grow deliveries in 2025.
Rivian (NASDAQ: RIVN) delivered its Q4 2024 earnings report on yesterday, and while the electric vehicle (EV) market faces headwinds, the company offered plenty of reasons for optimism.
Shares of Rivian Automotive (RIVN -3.60%) are falling on Friday. The company's stock had lost 3.8% at 12:30 p.m.
Rivian CEO RJ Scaringe addressed weak guidance for 2025, citing uncertainty. Scaringe said tariffs and EV credit removal could impact pricing and the shift to electrification.
Rivian's (RIVN) earnings beat didn't win over investors, though @marketgauge's Mish Schneider notes positivity in its government funds and commercialization. Her biggest concerns surround pricing power and how Rivian will prevent passing costs of aluminum and steel tariffs onto the consumer.