Streetbeat News

RIVN

Rivian Automotive, Inc.

Industry

Auto - Manufacturers

Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks and sports utility vehicles. It provides Rivian Commercial Vehicle platform for electric Delivery Van with collaboration with Amazon.com. The company sells its products directly to customers in the consumer and commercial markets. Rivian Automotive, Inc. was founded in 2009 and is based in San Jose, California.

Open

12.82

Mkt cap

13B

Volume

17M

High

12.86

P/E Ratio

-2.23

52-wk high

18.86

Low

12.39

Div yield

N/A

52-wk low

8.26

Rivian is expanding its commercial van sales to include fleets of all sizes in the U.S., following the end of its exclusive deal with Amazon.

Portfolio Pulse from

February 10, 2025 | 11:30 am

Rivian Automotive has announced the opening of sales for its Rivian Commercial Van to fleets of all sizes in the US. This van is the platform for Amazon's custom electric delivery van and emphasizes safety, driver comfort, and sustainability.

Portfolio Pulse from

February 10, 2025 | 11:15 am

Rivian Automotive's stock has increased by over 30% since hitting multi-month lows last November, suggesting a potential buying opportunity for investors.

Portfolio Pulse from

February 09, 2025 | 4:15 pm

Rivian is expanding its production capabilities with a Department of Energy loan for a new plant in Georgia, targeting 615,000 annual production by 2030. The company is focusing on achieving positive gross margins in Q4 and plans to ramp up R2 production by 2026, aiming for profitability by 2027.

Portfolio Pulse from

February 09, 2025 | 3:15 pm

Rivian Automotive (RIVN) has seen a significant decline in its stock value, losing around 90% since its public debut in 2022. Despite positive reviews for its EV products, the company faces challenges with slow growth and high cash burn.

Portfolio Pulse from

February 08, 2025 | 4:45 pm

Rivian Automotive (RIVN) saw a slight increase of 0.23% in its stock price, closing at $12.80. Despite this gain, the company still lags behind the broader market.

Portfolio Pulse from

February 07, 2025 | 12:00 am

Rivian investors are advised to focus on the company's gross margins as revenue growth stalls. The company needs to demonstrate profitability on each vehicle sold.

Portfolio Pulse from

February 04, 2025 | 9:30 pm

Rivian's stock experienced a decline due to the broader challenges in the electric vehicle sector, where demand growth has not met initial expectations.

Portfolio Pulse from

February 03, 2025 | 5:15 pm

Rivian's CEO RJ Scaringe provided reassuring news for investors, but the stock remains volatile and priced at a discount compared to other EV stocks.

Portfolio Pulse from

February 02, 2025 | 2:45 pm

Rivian Automotive (RIVN) is gaining attention from investors on Zacks.com. It's important to consider key facts that could influence the stock's future performance.

Portfolio Pulse from

January 30, 2025 | 3:15 pm

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