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While Rivian's 2024 delivery outlook of 50,500 to 52,000 vehicles (compared to 50,122 in 2023) remains unimpressive, new cheaper models like the mid-sized R2 and R3 SUVs (starting at $45,000 ...
So if Rivian matches Wall Street's expectations, grows its revenue by another 20% in 2027, and trades at a reasonable 5 times sales, its stock could potentially soar nearly 260% and boost its ...
Here are three reasons why investors willing to shoulder a risky investment might want to consider buying Rivian stock today. The big financial goal for 2024 is to post a "modest gross profit" in ...
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EV company Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading higher on Friday. The company disclosed its production and delivery figures for the fourth quarter and full-year 2024. The ...
That has resulted in mixed messages on the outlook for Rivian Automotive (NASDAQ: RIVN). Today, one Wall Street analyst released a report downgrading the stock, and shares are sinking as a result.
Rivian stock fell more than 27% in midday trading on Thursday. For the quarter, Rivian reported top-line revenue of $1.32 billion vs. estimates for $1.25 billion, with an adjusted loss per share ...
Maybe more importantly, management held to the prediction that Rivian would generate a positive gross profit in the fourth quarter thanks to ongoing progress in reducing costs. Why Rivian Stock ...