Rivian Stock Price forecast :-
In today’s world, where every entrepreneur moves on the idea of a better future, the question that comes to most heads is, how do they decide or predict the future beforehand?
Well, they use a trend analysis apart from their extra personal research. They use it to predict the trend and ride it until the reversal. This analysis is helpful as, most of the time, it leads us to the path of success. It provides an idea of what happened in the past and what can happen for a company or a business or their share in the future.
So, if you are one such trader who considers such information about an idea, a company, and their stock, this article about Rivian Stock Price Prediction is for you. It will provide complete information for Rivian Automotive Inc, together with their stock price, the moving trend, and the predictions associated with it. Give a read ahead to know more.
Rivian Automatic Inc- About
Rivian Automatic Inc is one of the American manufacturers of electric vehicles, the headquarters of which remains located in Irvine, California. It was founded by Robert “RJ” Scaring in 2009, and since then, the company has been moving ahead with a vision to manufacture SUV-type vehicles like UTE or Pickup tricks. They also produced E-vans for Amazon.
It was in 2021 when the company launched the IPO and was able to raise around $13.5 billion USD. As per the claims, the investors made the investment considering Rivian Automatic could become a strong competitor to Tesla.
It is understandable that even today, there are many investors who are interested to know the Rivian stock price prediction 2025 to make their move. If you are one of them, this article is definitely for you.
Financial Metrics of Rivian Stock
Rivian Stock Price Valuation Measures | Price/Value |
Market Capital | 31.59 billion |
52 Week High | $179.47 |
52 Week Low | $19.25 |
10 Day Average Volume | 13.19 million |
YTD% change | -66.75 |
Enterprise Value/EBITDA | -2.82 |
Enterprise Value/Revenue | 35.65 |
S&P500 52-Week Change | -15.45% |
Price/Sales (ttm) | 61.45 |
Price/Book (mrq) | 1.87 |
The above table provides information on Rivian Automation Inc that has been researched and collected through Yahoo Finance as of 30th October 2022. For live data, refer here.
Rivian Stock price prediction 2023
Year | Expected Share Price |
2023 | $123- $157 |
The Rivian Stock Price Prediction 2023 is based on the expectation that the company will push forward the capabilities to bring improvement within the production rate so as to sell more and increase profit.
Rivian Stock Price Prediction 2025
Year | Expected Share Price |
2025 | $185- $230 |
Rivian Stock Price Prediction 2025 remains to range between $185 and $230. This price prediction can be achieved with the EV car demand increasing day by day, and the best is that Rivian Automatic is able to fulfill it all.
It was last year when a deal was secured by Rivian with Amazon to provide them with 100,000 electric delivery vans. It helped to further push the demand for electric vans.
Rivian Stock Price Prediction 2030
Year | Expected Share Price |
2030 | $745.34- $845.45 |
Rivian Stock Price Prediction 2030 is expected to range between $745.34 and $845.45. The surge is due to the fact that after the cyber trucks of Tesla, Rivian Automatic remains a popular brand for SUVs that come with unique designs.
With the increase in demand for Electronic Vehicles, the demand for Electronic cars too will increase, and with Rivian Automatic being able to fulfill the same to date, it is expected that they will continue to do so in the future. Hence, it wouldn’t just increase their profit but would help Rivian stock price to go up and hit the target.
Rivian Stock Price Prediction 2040
Year | Expected Share Price |
2040 | $1500 |
Rivian Stock Price Prediction 2040 is expected to go up to $1500.
With the company becoming 30 years old, its products of it will start to perform better within the market, and the price target will be achievable. Also, with the brand value and trust increase of the customers, the sales and profit will both be benefitted.
As per the technical analysis of some experts, this price target remains 80% accurate to the Rivian Stock Price Prediction 2025, Rivian Stock price prediction 2030, and Rivian Stock price prediction 2040.
Rivian Stock Price Prediction 2050
Year | Expected Share Price |
2050 | $2349 |
The Rivian Stock Price Prediction 2050 is based on the technical analysis conducted using different tools and software.
Should you purchase Rivian Stock based on Rivian Stock Price Prediction?
The answer to it is Yes. It is a good stock to purchase as,
- The company is majorly focused on utility trucks, and based on the research, to do business in this field increases the chance of success.
- As of today, the EV market is at a boom. Anyone who starts early has a chance to get success, and with Rivian Automatic, they do have a high chance of being a tough competitor to Tesla.
- In the next decade, with the increasing demand, requirements, types, and alike, Tesla wouldn’t just be the only one to dominate the Electronic Vehicle market.
- For anyone who trusts long-term investment, Rivian Stock is one to buy and hold it for making a massive profit.
Rivian Automatic Inc- Bull Case
The company enjoys the first-mover advantage within EV trucks. With it, they have been able to attach a huge crowd to the trucks, and there are 1000s pre-orders already in their hands.
It was recently in this year that Rivian Automatic also secured the deal with Amazon to provide them the EV Vans for pickup and delivery purposes.
Rivian Automatic Inc- Bear Case
Since May 2022 start, Rivian Automatic has produced 5000 electronic vehicles. They are by the end of 2022 expecting to finish around 25,000 vehicles approx.
The production rate of the company remains lesser when compared with some competitors like Ford (who sold one million plus vehicles in the year 2021) and Tesla (who produced 300,000 cars within 2022’s first quarter).
Conclusion
The entire post remains dedicated to Rivian Stock price and Rivian Stock price prediction for 2023 and beyond. It has been made sure that all the essential information remains included within the post to assure our readers make the right choice based on the analysis and the predictions.
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FAQs
Is Rivian Automatic a Publicly traded company?
Yes. The stocks of Rivian International are traded. They are registered on the NYSE, and their ticker code is RIVN.
Why is Rivian Stock low in comparison to its competitors?
As of now, Rivian Automatic Inc faces problems with mass production and making delivery of it due to the shortage of supply-chain. There are fewer deliveries and sales, which means the company makes fewer profits, and if they are unable to make a profit, it remains certain that the share price will be low. The reason for the low price can also be the internal management of the company.
Will the Rivian Stock recover with time?
Yes. The Rivian Stock will recover as the company continues to get stronger with every passing order. They are even acquiring more clients for EV trucks.