Rivian Automotive was founded in 2009 by Robert Scaringe. It is an American-based company that manufactures electric vehicles. Rivian Automotive also manufactures an electric sport utility vehicle (SUV) and a pickup truck. Today we will discuss Rivian Stock Price Prediction 2035.
Rivian is based in California, with a manufacturing plant in Illinois. The company is also producing an electric delivery van (the Rivian EDV) in partnership with Amazon.
Rivian will begin deliveries of its R1T pickup truck in late 2021. The company plans to have an exclusive charging network in the United States and Canada by the end of 2023.
Rivian plans to build a US$5 billion factory in Georgia. The company raised over US$13.5 billion in funding following its IPO in November 2021.
The first two vehicles, the Rivian R1T pickup truck and R1S SUV are the world’s first all-electric, zero-emissions adventure vehicles.
They have some of the most advanced technology, including a dual-motor, all-wheel-drive powertrain, and a battery system with up to 400+ miles of range.
Business Model of Rivian:
Rivian is an electric vehicle manufacturer company. Which manufactures an electric sport utility vehicle (SUV) and a pickup truck. The company also is making an exclusive vehicle charging network in the United States and Canada.
The company is also producing an electric delivery van (The Rivian EDV) in partnership with Amazon. Rivian is planning to build a US$5 billion factory in Georgia.
The first two vehicles, the Rivian R1T pickup truck and the R1S SUV are the world’s first all-electric, zero-emissions adventure vehicles. The company became so famous because of these two vehicles.
Rivian Fundamentals:
Rivian Financial Performance:
- RIVN’s net margin grew 85% year-over-year and 31% from last quarter.
- Rivian Automotive’s gross margin grew 70% year-over-year and 32% from last quarter.
- Rivian Automotive’s EPS grew 61% year-over-year and 9% from the previous quarter.
- Rivian Automotive’s gross profit declined 71% year-over-year.
- RIVN’s debt is growing 102% year-over-year.
- The average daily trading volume of the company is approximately 3.5 million shares.
Financial Year 2022-23 Highlights:
- Rivian Automotive reported a loss in the second quarter of 2023, which Keedy did not expect.
- Rivian Automotive expects to manufacture approximately 52,000 vehicles in 2023, more than double the number of vehicles built in 2022.
- Rivian Automotive only had $10.2 billion in cash as of June 30, 2023.
Rivian Live Chart:
Rivian Strengths:
- High growth potential for the coming financial years is one of the main assets of the company.
- Due to the sound financial position of the company, the company has significant investment opportunities.
- Over the past year, analysts covering the stock have been revising their EPS expectations significantly.
- The analyst opinion on Rvian Company stock is positive, with a buy recommendation on the stock.
- The average price target of analysts interested in the stock has been revised strongly over the past four months.
Rivian Limitations:
- The company’s margins as a percentage of sales are relatively low.
- Low profitability weakens any company.
- For the past twelve months, sales have been clearly down, falling short of analysts’ expectations.
- The outlook from analysts covering the stock hasn’t been consistent.
Rivian Stock Price Prediction 2024:
As the industry for electric vehicles continues to grow, and Rivian gains market share, production capacity, and market demand will play a significant role in determining the company’s stock price. .
According to market experts, in 2024, Rivian stock price is expected to reach in the range of $30.92 – $39.48.
Rivian Stock Price Prediction 2025:
There was a tremendous jump in its stock prices in the days of the company’s IPO launch but, currently, the price of Rivian stock is falling continuously, in such a situation, 60% of the market analysts expect the price of Rivian stock to be around $40 by the year 2025. Will reach.
Here we can assume that the revised stock price can be between $40.36 to $49.33 in 2025.
Rivian Stock Price Prediction 2035:
Rivian could have a positive impact on the company’s stock price due to the growing consumption of electric vehicles, the company’s ability to produce, strategic business partnerships, and technology usage in the industry.
According to market analysts and researchers, The Rivian Company stock price in 2035 may range from $100.25 – $107.89.
Rivian Stock Price Prediction 2025, 2026, 2027, 2028, 2029, 2030, 2035, 2040, 2050:
Rivian is the most popular brand in terms of pickup trucks, its pickup truck designs are so beautiful that even Tesla’s Cyber trucks come after it.
As the company is currently focusing more on utility trucks, Rivian may become one of the best EV manufacturing companies in the SUV category vehicles in the coming years.
| Year | Low | High |
| 2023 | $ 17.65 | $ 25.09 |
| 2024 | $ 30.92 | $ 39.48 |
| 2025 | $ 40.36 | $ 49.33 |
| 2026 | $ 55.50 | $ 60.25 |
| 2027 | $ 59.65 | $ 65.10 |
| 2028 | $ 68.10 | $ 75.45 |
| 2029 | $ 72.95 | $ 79.32 |
| 2030 | $ 75.34 | $ 82.54 |
| 2035 | $ 100.25 | $ 107.89 |
| 2040 | $ 125.25 | $ 134.62 |
| 2045 | $ 170.95 | $ 185.52 |
| 2050 | $ 225.36 | $ 250.24 |
Rivian Stock Price Prediction YouTube Video:
In the End:
Before investing in the stock of any company it should be remembered that prediction is never a sure thing. So, invest only after doing your research.
As the demand for electric vehicles grows, the company also plans to introduce more electric vehicle models to suit the markets and applications. The company has partnered with Amazon to build an electric delivery van with plans to manufacture 100,000 units by 2030.
Rivian aims to become the leader in the electric vehicle market. Fortunately, it has already received investment from several major companies, including Amazon and Ford. So many people believe that this company will achieve great success in the years to come.
FAQs:
Is Rivian stock a good buy?
Some market experts consider Rivian to be an excellent stock to buy for the long term.
Is Rivian a Buy, Sell, or Hold?
Rivian is given a buy rating by 58% of market analysts.
Does Rivian Stock Have a Future?
Market analysts who are forecasting Rivian Automotive’s stock price believe that Rivian is poised to become the leader in the electric vehicle market.
Is It a Good Time to Buy Rivian?
Rivian Automotive is rated as Rank 3 by Zacks, which indicates that the market is going to be very good for Rivian Automotive over the next few months.
Is Rivian a Risky Investment?
Rivian recently announced solid production numbers, which led to a sharp increase in the stock price. But still market experts believe that investing in Rivian can be risky.
Why is Rivian a good stock?
Rivian could be a good stock because improving production and better cost controls are the two main reasons. Also, Rivian Automotive reported better-than-expected figures for the 2023 second quarter.
Disclaimer:
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