Rivian Stock Price Prediction is one of the most sought things by investors these days. Rivian could have popped up in the stock market at the worst time over the last 14 years. Rivian was listed on the buoyant Nasdaq by way of an IPO in the month of November 2021. The RIVN share price was initially estimated at $79.
The stock opened higher than its IPO price of $100.71 then climbed to $170 within a few days. The time was when markets were in a prolonged uptrend, and although Rivian suffered a dip in the months following its launch however, it held its own for the duration of 2021. It ended this year in $103.69.
However, a massive surprise to the Nasdaq market at the beginning of the year, gave the stock of Rivian its first hit and it lost nearly 50% of its value during January and ending with $57.12.
Investors’ confidence in growth stocks – which includes ones that have yet to earn an income along with increasing inflationary pressures that weigh on materials costs and the resulting decline in demand, left companies such as Rivian to be a no-go for a lot of investors.
More sour notes followed in March, initially on an unpopular pricing decision, and later with a disappointing outlook for production as cyclical concerns and internal conflicts merged to push the RIVN prices to fall further.
Since its launch, Rivian stock has lost three-quarters its value and there is no certainty as to where it’s going to end up.
Rivian announced profits for the quarter beginning in 2022 (Q1 2022) on May 11. At this stage in the development of the company, investors are mostly watching for production numbers, cash reserves to support loss-making operations, and, as of recent months how the cost of production is impacting operations.
What is Rivian?
Rivian is an electric vehicle maker. It offers the R1S SUV, Rivian’s R1T pickup truck, as well as electric vans. With the backing of Amazon as well as Ford, Rivian provides fleet services for vehicles running on Ford’s operating system.
Rivian can be considered part of an expanding market for battery-powered vehicles that are expected to gain significant growth over the next couple of years. While the market is still developing, it attracts rivals, the space for electric vehicles is large enough to allow several players to join the vertical and prosper in the long run.
Rivian must create an effective product line to profit from recurring sales in the long-term. The company currently is operating its charging network and offers insurance services that diversify the revenue sources.
Rivian is an electrical vehicle (EV) manufacturer that specializes in heavy-duty EVs such as pickup trucks. Rivian first appeared on Nasdaq in the month of November 2021 with the initial public offering (IPO) that was valued at $78 per share.
At the time of writing the EV maker will be producing 25000 vehicles by 2022. Retail giant Amazon (AMZN) holds 20 percent of the company. The company produces the R1T beginning at $69,500 and the R1S which starts at $72,500.
Or, Rivian will have to battle against heavyweights like Tesla and Ford as well as other companies in order to grow its market share in the future.
The company reiterated its goal of 25,000 vehicles built this year. It also has 90,000 pre-orders already on the books.
Rivian reported $17 billion in cash at the end of March with cash burn during this quarter $1.03bn. Rivian reported net losses of $1.6bn in the quarter while production was maintained. The company also started reporting revenue and earned $95m during the first quarter of deliveries.
The company’s negative earnings per share (EPS) of -$1.43 beat the expectations of analysts of an $1.50 loss per share. The EV maker will release its Q2 2022 results on August 11, with the consensus of analysts calculated by MarketBeat anticipating the maker of EVs to lose $1.67 per share.
Rivian Stock Forecast:
Based on the opinions of 21 analysts collected by MarketBeat at the time on July 20, Rivian stock was a “moderate buy”, with 14 analysts identifying the stock as an “buy”, six in “hold” and one in “sell”. The RIVN stock forecast was accordingly to be a bit optimistic.
Analysts were divided regarding the future of an Rivian prediction of the stock. According to analyst opinions collected through CNN, Rivian had a median price target of $44, and the highest price at $108 as well as a lower of $24. Its median Rivian price predictions was an increase of 38.3 percent over Rivian’s present price.
Based on MarketBeat, Wells Fargo delivered the most recent Rivian stock forecast for 2022. This includes an increase to $30. Wedbush previously offered a more optimistic target of $40, while Mizuho in June offered an extremely bullish $70 goal that was like Morgan Stanley’s $60 goal of $60.
Algorithm-based forecasting services Panda Forecast showed a Rivian stock forecast for 2025 that was $30 by the close of the year.
Be aware that algorithms-based predictions could be incorrect. Rivian share price forecasts should not be used to substitute for doing your own investigation. Always do the necessary due-diligence prior to trading. Never make a trade or investment with money you aren’t able to afford to lose.
Prediction of price on Rivian Stock:
Based on data from Yahoo Finance, the lowest 12-month price target for RIVN stock is $27 and the most expensive price target is $147. Rivian shares have a median cost of $147. There are currently 20 analysts covering Rivian and 13 have an “buy” rating, six suggest “hold,” and one suggests”sell. “sell.”
The 16 analysts offering 12-month price forecasts for Rivian Automotive Inc have a median target of 50.50, with a high estimate of 83.00 and a low estimate of 27.00. The median estimate represents a +51.79% increase from the last price of 33.27.
Rivian stock price prediction 2023
According to predictions from Morgan Stanley, Rivian stock price could hit $147 by 2023.
Rivian stock price prediction 2024
RBC Capital Markets expects RIVN price to reach $165 by 2023. it is confident regarding the EV marker that is backed by the tech giant Amazon.
Rivian stock price prediction 2025
Bank of America estimates Rivian stock to be trading at $170 by 2025.
Rivian stock price prediction 2030
There’s a chance that Rivian shares to reach $200 by 2030 due to the secular tailwinds affecting the vertical of the EV.
Should One purchase Rivian stock?
According to our research, rivian could be an excellent stock to invest in due to a variety of reasons , including
They’re mostly concentrated on utility trucks according to research. Those who do businesses in a certain segment has higher chances of being successful.
Today we are in the midst of EV growth is expected to happen. Therefore, those who begin earlier when a revolution is in the works have a better chance of success.
The tesla company is the dominant one in EVs. Which do you think? That they will only be the dominant force in EV over the next 10 years?
Do you believe in the long-term value of your investment? If so, then the this stock is an excellent choice to buy today and invest for a full year to gain a substantial profit. According to specialists, the only have success on the stock market who invest time in it, not merely attempting to time it.
The final takeaway
Similar to most other growth stocks, Rivian is a high-risk, high-reward option. It will crush the broader market returns if the company can successfully scale its business while optimizing costs and leveraging growth opportunities in the upcoming decade.
Rivian has vehicles for the consumer and enterprise market but still has a lot to prove, given current market conditions.
FAQs on Rivian stock:
Is Rivian stock a good buy?
Rivian may be a good buy for those with a high-risk appetite.
Will Rivian stock grow?
Most equity investments are volatile in the short term. But over time, shares of Rivian may derive outsized gains.
Why is Rivian stock so low?
Rivian stock price is down 80% from all-time highs due to its steep valuation and broader market weakness.
Is Rivian stock overpriced?
Yes, Rivian stock is still overpriced and may move lower if bear market sentiment continues to weigh on investors.
What is the price prediction for Rivian stock?
Rivian stock price prediction for 2022 is $45 to $70.
Rivian stock price prediction for 2025 is $188.34 to $246.45.
Rivian stock price prediction for 2030 is $745.34 to $845.45.
Rivian stock price prediction for 2040 is around $1500.
Will Rivian stock recover in 2022?
Rivian stock may recover by the end of the year, if the macro environment improves.
What will RIVN stock be worth in 5 years?
It’s possible for RIVN stock to trade at around $500 in the next five years.
Will Rivian Be Successful?
Rivian has created a distinctive brand that is targeted towards adventurers and eco-conscious consumers. It’s led by a CEO driven by mission, Robert Scaringe, whose primary goal is to change transport to greener alternatives.
The company has developed an array of products that can help an recurring revenue model in the near future. It also has its charging network as well as insurance services, in addition to its main vehicles.
Yet, Rivian arguably doesn’t have an advantage in terms of competitive advantages. It’s currently lacking the resources to manufacture vehicles on a large the scale it needs and is faced with a lot of competition from its rivals like Ford as well as Tesla.
Is Rivian publicly traded?
Yes, Rivian stock is listed on the NYSE with a ticker code of RIVN.
What is Rivian stock price prediction for 2025?
Rivian stock price prediction for 2025 is $185 to $230. RIVN can reach these price targets easily by the end of the year 2025.