Robert “RJ” Scaring started the American electric vehicle manufacturer Rivian Automatic Inc in 2009. The center of Rivian is located in Irvine, California, US. The production of sport utility vehicles (SUVs), such as pickup trucks and UTEs, is critical to Rivian’s mission. Rivian has also built E- Vans for the leading E-commerce company, Amazon.
| Valuation Measures | Value/Price |
|---|---|
| Market Cap | 29.25 B |
| Enterprise Value | 3.93 B |
| 52 Week High | 179.47 USD |
| 52 Week Low | 19.25 USD |
| S&P500 52-Week Change | -4.31% |
| Price/Sales (TTM) | 84.53 |
| Price/Book (MRQ) | 1.05 |
| Enterprise Value/Revenue | 71.37 |
| Enterprise Value/EBITDA | -0.88 |
| 50/200 Day Moving Average | $29.92 / $57.98 |
In November 2021, the firm went public and quickly raised more than $13.5 billion. Investors put money into Rivian with the hope that it may be one day challenge TESLA’s market dominance. Stock price, market cap, 52-week high, and low for Rivian Automotive, Inc. (RIVN) are shown in the table above, as well as other relevant data, such as the percentage change in Rivian over the past year relative to the S&P 500.
Currently, a share of Rivian stock can be purchased for $33.40.
Stock in Rivian has fallen from its 52-week high of $35.72 to its current price of $33.40. While it has fallen from its initial public offering (IPO) price of $16, Rivian is still in the black. The stock of Rivian has been prevalent this year. The stock price of the electric vehicle manufacturer has more than duplicated since it was first listed on the Nasdaq in December 2019. Analysts continue to be optimistic about Rivian’s long-term prospects, despite the stock’s recent decline.
Dan Ives, an analyst at Wedbush Securities, has set a $45 price objective on shares of Rivian, which would be a gain of about 36% from current levels. Ives says that he is optimistic because of Rivian’s healthy order book. Over 50,000 R1T electric pickup truck orders and over 1,000 R1S SUV orders have been placed with Rivian.
The R1T is scheduled to begin shipping by the end of 2020, with the R1S to follow at the beginning of 2021. Rivian’s success may also be shown in the fact that it has raised over $8 billion from investors like Amazon and Ford. This gives Rivian a substantial cash reserve to fund growth initiatives and sustainably increase vehicle output.
Rivian Stock Price Prediction 2025
| Year | Rivian stock price prediction 2025 |
|---|---|
| 2025 | $185 to $230 |
We forecast a range of $185.35–$230.45 for Rivian stock throughout 2025. Analysts anticipate a price range of $188.34–$246.45 for Rivian shares in 2025. Due to rising interest in electric vehicles and Rivian’s success in securing contracts to service various businesses, these price projections are realistic.
Rivian increased demand for their electric vehicles after striking a deal with Amazon to supply the company with 100,000 electric delivery trucks last year. Lucid Motors is another company that produces electric vehicles. The piece, What Will Be The Cost Of Lucid Motors Stock From 2022 to 2050? is the result of extensive study and writing.
Rivian Stock Price Prediction 2030
| Year | Rivian stock price prediction 2030 |
|---|---|
| 2030 | $745.34 to $845.45 |
The consensus forecast for Rivian stock in 2030 is $745.34, with $845.45 as an alternative projection. Overall, in 2030, the Rivian stock price estimate might range from $745.34 to $845.45. Rivian is the most popular brand of Pickup trucks (SUVs) after Tesla’s cyber truck because of its distinctive and aesthetically pleasing looks.
With their sights set squarely on Utility trucks, they have a great shot at becoming a leading EV manufacturer in the sport utility vehicle market. Off-road capability is another distinguishing feature of their automobiles. Once the need for EVs kicks in, the demand for EV cars will increase, and somebody will buy Rivian vehicles as well, enhancing their profit. We believe that Rivian’s share price will begin rising in 2025 and continue doing so gradually through 2030, allowing us to achieve our goals.
Rivian Stock Price Prediction 2040
| Year | Rivian stock price prediction 2040 |
|---|---|
| 2040 | Around $1500 |
In 2040, analysts expect the share price of Rivian to be around $1500. RIVIAN will turn 30 as a firm in the year 2040, and if its products continue to do well in the marketplace, it will undoubtedly be able to meet these price goals. According to the technical analysis conducted by our specialists, the price objective is 80% correct for the supply price of Rivian in the years 2030, 2025, and 2040.
Profits and sales will rise as well as consumer confidence in a long-standing company that has proven its worth over the years. Like Lucid Motors & Rivian, there is one better EV maker called NIO. We have investigated and prepared a detailed study on What Choice Be The Cost Of NIO’s Stock from 2022 to 2050. Learn more by reading it.
What do you think the price of Rivian stock will be in 2023?
| Year | Rivian stock price prediction 2022 |
|---|---|
| 2023 | $45 to $70 |
In 2023, the average price per share for Rivian is projected to reach $30, indicating a positive trend for the company’s stock. Accordingly, Rivian’s stock price is expected to climb by 30% in the approaching 12 months. This estimate was derived from the recent share price of Rivian and the company’s performance over the past year.
Rivian Stock Price Prediction 2050
| Year | Rivian stock price prediction 2050 |
|---|---|
| 2050 | Around $2349 |
According to projections, the value of Rivian’s stock will reach $2.3 trillion in 2050. In this case, we used a weighted average of expert forecasts and the current stock price of $1,000 per share to arrive at this conclusion.
Rapid Money Loss at Rivian
Many have doubted Rivians’ ability to repay the debt that keeps their business afloat because of their reckless spending. A total of almost $21 billion will be spent by Rivian through the conclusion of the fiscal year 2025, with Q2 2022 spending accounting for nearly $1 billion of that total. There will need to be more money coming in from car sales or SUV sales to cover all these upgrades if spending continues at its current pace and revenue growth remains stagnant.
Is it a reasonable idea to invest in Rivian?
There are rare things to think about before investing in Rivian. Rivian is a young corporation in its formative years. That’s why it’s so dangerous to try. The value of a stock may rise or fall depending on some factors that are difficult to foresee.
Think about whether or not Rivian’s debt is something you’re okay with. The corporation has accumulated substantial debt due to its extensive capital expenditures. A lack of favorable outcomes could make it difficult for Rivian to meet its financial obligations. If necessary, do your own research and consult a financial expert before making any significant moves.
Conclusion
In this article, we analyzed the 52-week high and low share prices, market size, and PE ratio of Rivian Automotive Inc (NASDAQ: RIVN). The future value of a share of Rivian’s stock, as determined by technical analysis of historical prices and news of the financial markets, was also an essential topic of discussion in this piece.
FAQS About Rivian Stock Price Prediction
1. In other words, should I invest in Rivian stock?
ANS: It depends on your investment goals. Rivian’s current manufacturing issues can be traced back to the company’s shaky supply chain. Therefore, slower manufacturing translates to fewer orders being filled and lower profits. So, depending on the current output, Rivian could be a risky investment that pays off in the future.
2. If the future is bright, will share of Rivian rise in price?
ANS: You can’t predict whether a stock will rise or fall on the stock market because it depends on the company’s underlying fundamentals. Revenue of $25.8 billion is predicted based on the delivery of 290,000 vehicles by 2025. In 2030, shipments will reach 701,918 vehicles, generating $78.7 billion in revenue. Now that you have the numbers, you know what might occur.
3. Is There Such a Low Price for Rivian Shares?
ANS: The corporation is encountering mass manufacturing and delivery issues due to supply-chain limitations. Fewer car sales result from fewer deliveries, and less profit is made by a car company that sells fewer cars.
A company’s share price will undoubtedly decline or indicate management problems if it loses money. The impending economic downturn has recently been the subject of widespread media coverage. So, people are terrified these days and do not put their money into shares; rather, they are dumping shares, pushing the stock prices to go down.
4. Is It Overpriced To Buy Rivian Shares?
ANS: Given the current state of manufacturing, which is hampered by supply-chain limitations worldwide, Rivian stock is overvalued. The future of Rivian stock has been the subject of much speculation. Stocks of Rivian are expected to cost between $45 and $70 by the end of 2022.
The targeted range for Rivian stock price in 2025 is between $188.34 and $246.45. The consensus 2030 forecast for Rivian stock price is between $745.34 and $845.45. In 2040, analysts expect the share price of Rivian to be around $1500. The predicted value of a share of Rivian stock in 2050 is $2349.
5. Can We Expect a Rally in Rivian Shares?
ANS: Yes, Rivian stock will rebound as the company is getting stronger daily and developing more and better clients for its trucks.
6. What Choice Rivian Stock Be Worth In 5 Years?
ANS: Research indicates that within the next five years, the share price of Rivian will increase by three digits, trading at above $500.
7. Are Shares of Rivian Available to the Public?
ANS: The answer is yes; NYSE has listed RIVN as the ticker symbol for Rivian stock.
8. When do you anticipate the price of Rivian shares to peak?
ANS: Forecasts for 2025 cost Rivian shares between $185 and $230. By the close of 2025, RIVN will have achieved these price goals with relative ease.
