It's a reasonable concern for Rivian Automotive (RIVN 5.49%) investors that the company has no real visible catalysts in 2025. The R2 won't launch until 2026, Rivian already inked a big deal with Volkswagen Group, and also landed a Department of Energy loan to fund its second plant in Georgia.
Rivian stock price has remained in a two-year consolidation phase as investors focus on its cash burn and the evolution of the electric vehicle industry. RIVN was trading at $14 on Monday, higher than last year's low of $8.70.
Rivian Automotive (RIVN 4.48%) stock is ending the week on a winning streak. Shares of the electric vehicle (EV) maker surged 6.6% higher on Thursday, and as of 1:10 p.m.
Rivian (RIVN 6.57%) stock saw substantial gains in Thursday's trading. The electric vehicle (EV) specialist's share price ended the session up 6.6% in a day that saw the S&P 500 index rise 1% and the Nasdaq Composite index rally 1.5%.
Rivian Automotive (RIVN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the latest trading session, Rivian Automotive (RIVN) closed at $12.48, marking a +0.32% move from the previous day.
Rivian Automotive (RIVN 3.25%) is expanding its market, and investors are cheering the news today. Shares of the electric truck and van maker jumped nearly 5% Monday morning and were still up by 3.4% as of 1:15 p.m.
Rivian will sell its commercial electric vans to any U.S. business that wants one — more than a year since ending an exclusivity deal with backer Amazon.
Rivian is opening up sales of its delivery vans to fleets of all sizes in the United States, the electric vehicle maker said on Monday, more than a year after ending its exclusive deal with shareholder Amazon.
If you've been monitoring Rivian Automotive (RIVN -2.50%) stock over the last few months, you may think your chance to buy has come and gone. Since hitting multi-month lows last November, shares have spiked in value by more than 30%.
Rivian's expansion plan includes a DOE loan for a Georgia plant, aiming for 615K annual production by 2030, despite potential political risks. The upcoming Q4 results are crucial due to the focus on achieving positive gross margins for the 1st time, allowing the market to shift away from large losses. The EV manufacturer moved the focus towards the R2 ramp in 2026, aiming for annual sales of 200K to lead to EBITDA profitability by 2027.
Shares of Rivian Automotive (RIVN -2.50%) have struggled in recent years, losing around 90% of their value since hitting the public market in 2022. While the electric vehicle (EV) maker's products have been well-received by the automotive press (winning their fair share of quality and safety awards), the company continues to struggle with sluggish growth and catastrophic cash burn.