Consumer Cyclical - Auto - Manufacturers - NASDAQ - US
$ 10.06
-2.42 %
$ 10.1 B
Market Cap
-1.8
P/E
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.[ Read More ]
The intrinsic value of one RIVN stock under the base case scenario is HIDDEN Compared to the current market price of 10.1 USD, Rivian Automotive, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart RIVN
FINANCIALS
4.43 B
REVENUE
-5.74 B
OPERATING INCOME
-5.43 B
NET INCOME
-4.87 B
OPERATING CASH FLOW
-2.51 B
INVESTING CASH FLOW
3.13 B
FINANCING CASH FLOW
874 M
REVENUE
-1.17 B
OPERATING INCOME
-1.1 B
NET INCOME
-876 M
OPERATING CASH FLOW
501 M
INVESTING CASH FLOW
4 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Rivian Automotive, Inc.
| Current Assets | 12.3 B |
| Cash & Short-Term Investments | 9.37 B |
| Receivables | 161 M |
| Other Current Assets | 2.78 B |
| Non-Current Assets | 4.46 B |
| Long-Term Investments | 0 |
| PP&E | 4.23 B |
| Other Non-Current Assets | 235 M |
| Current Liabilities | 2.49 B |
| Accounts Payable | 981 M |
| Short-Term Debt | 88 M |
| Other Current Liabilities | 1.42 B |
| Non-Current Liabilities | 5.15 B |
| Long-Term Debt | 4.76 B |
| Other Non-Current Liabilities | 395 M |
EFFICIENCY
Earnings Waterfall
Rivian Automotive, Inc.
| Revenue | 4.43 B |
| Cost Of Revenue | 6.46 B |
| Gross Profit | -2.03 B |
| Operating Expenses | 3.71 B |
| Operating Income | -5.74 B |
| Other Expenses | -307 M |
| Net Income | -5.43 B |
RATIOS
-45.78%
GROSS MARGIN
-129.43%
OPERATING MARGIN
-122.51%
NET MARGIN
-59.42%
ROE
-32.38%
ROA
-42.29%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Rivian Automotive, Inc.
| Net Income | -5.43 B |
| Depreciation & Amortization | 937 M |
| Capital Expenditures | -1.03 B |
| Stock-Based Compensation | 821 M |
| Change in Working Capital | -1.41 B |
| Others | 366 M |
| Free Cash Flow | -5.89 B |
Wall Street Analysts Price Targets
Rivian Automotive, Inc.
Wall Street analysts predict an average 1-year price target for RIVN of $16.5 , with forecasts ranging from a low of $9 to a high of $30 .
RIVN Lowest Price Target
Wall Street Target
9 USD
-10.54%
RIVN Average Price Target
Wall Street Target
16.5 USD
64.19%
RIVN Highest Price Target
Wall Street Target
30 USD
198.21%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Rivian Automotive, Inc.
Sold
0-3 MONTHS
2.11 M USD 1
3-6 MONTHS
6.98 M USD 2
6-9 MONTHS
717 K USD 3
9-12 MONTHS
55.8 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 month ago
Sep 23, 2024
|
Sell 970 K USD
|
Scaringe Robert J
Chief Executive Officer |
- 83333
|
11.6351 USD |
|
2 months ago
Sep 12, 2024
|
Sell 1.14 M USD
|
Scaringe Robert J
Chief Executive Officer |
- 83333
|
13.6802 USD |
|
3 months ago
Aug 16, 2024
|
Sell 43.6 K USD
|
McDonough Claire
Chief Financial Officer |
- 3210
|
13.57 USD |
|
3 months ago
Jul 22, 2024
|
Sell 608 K USD
|
Scaringe Robert J
Chief Executive Officer |
- 35716
|
17.0204 USD |
|
4 months ago
Jul 12, 2024
|
Sell 3.6 M USD
|
Scaringe Robert J
Chief Executive Officer |
- 200000
|
18.0011 USD |
|
4 months ago
Jul 08, 2024
|
Sell 1.07 M USD
|
Scaringe Robert J
Chief Executive Officer |
- 71429
|
14.975 USD |
|
4 months ago
Jun 25, 2024
|
Sell 804 K USD
|
Scaringe Robert J
Chief Executive Officer |
- 71429
|
11.25 USD |
|
5 months ago
Jun 10, 2024
|
Sell 821 K USD
|
Scaringe Robert J
Chief Executive Officer |
- 71429
|
11.4924 USD |
|
6 months ago
May 16, 2024
|
Sell 32.9 K USD
|
McDonough Claire
Chief Financial Officer |
- 3210
|
10.25 USD |
|
8 months ago
Mar 11, 2024
|
Sell 414 K USD
|
Baker Jeff
Chief Accounting Officer |
- 31425
|
13.1812 USD |
|
8 months ago
Mar 08, 2024
|
Sell 255 K USD
|
Gruner Kjell
Chief Commercial Officer |
- 19935
|
12.81 USD |
|
9 months ago
Feb 16, 2024
|
Sell 47.7 K USD
|
McDonough Claire
Chief Financial Officer |
- 2946
|
16.2 USD |
|
1 year ago
Nov 16, 2023
|
Sell 55.8 K USD
|
McDonough Claire
Chief Financial Officer |
- 3265
|
17.08 USD |
|
1 year ago
Sep 15, 2023
|
Sell 79.1 K USD
|
McDonough Claire
Chief Financial Officer |
- 3265
|
24.24 USD |
|
1 year ago
Jun 08, 2023
|
Sell 49.7 K USD
|
McDonough Claire
Chief Financial Officer |
- 3625
|
13.71 USD |
|
1 year ago
Jun 06, 2023
|
Sell 291 K USD
|
Baker Jeff
Chief Accounting Officer |
- 20000
|
14.53 USD |
|
1 year ago
Jun 01, 2023
|
Sell 453 K USD
|
Baker Jeff
Chief Accounting Officer |
- 30798
|
14.7011 USD |
|
1 year ago
Feb 15, 2023
|
Sell 39.7 K USD
|
McDonough Claire
Chief Financial Officer |
- 2090
|
18.9923 USD |
|
1 year ago
Feb 16, 2023
|
Sell 60.3 K USD
|
McDonough Claire
Chief Financial Officer |
- 2902
|
20.78 USD |
|
1 year ago
Feb 15, 2023
|
Sell 44.3 K USD
|
Baker Jeff
Chief Accounting Officer |
- 2331
|
18.9849 USD |
|
2 years ago
Nov 15, 2022
|
Sell 58.1 K USD
|
Baker Jeff
Chief Accounting Officer |
- 1689
|
34.38 USD |
|
2 years ago
Nov 15, 2022
|
Sell 438 K USD
|
McDonough Claire
Chief Financial Officer |
- 12500
|
35 USD |
|
2 years ago
Nov 15, 2022
|
Sell 59.6 K USD
|
McDonough Claire
Chief Financial Officer |
- 1735
|
34.38 USD |
|
2 years ago
Nov 16, 2022
|
Sell 112 K USD
|
McDonough Claire
Chief Financial Officer |
- 3257
|
34.28 USD |
|
2 years ago
Aug 15, 2022
|
Sell 65.3 K USD
|
Baker Jeff
Chief Accounting Officer |
- 1753
|
37.2744 USD |
|
2 years ago
May 26, 2022
|
Bought 1.17 M USD
|
FLATLEY JAY T
director: |
+ 40000
|
29.31 USD |
|
2 years ago
May 16, 2022
|
Sell 154 K USD
|
Baker Jeff
Chief Accounting Officer |
- 6034
|
25.5609 USD |
|
2 years ago
May 16, 2022
|
Sell 22.8 K USD
|
Behl Jiten
Chief Growth Officer |
- 892
|
25.5612 USD |
|
2 years ago
May 16, 2022
|
Bought 1.06 M USD
|
Scaringe Robert J
Chief Executive Officer |
+ 41000
|
25.7772 USD |
|
2 years ago
May 13, 2022
|
Sell 188 M USD
|
FORD MOTOR CO
director: |
- 7000000
|
26.8808 USD |
|
2 years ago
May 09, 2022
|
Sell 214 M USD
|
FORD MOTOR CO
director: |
- 8000000
|
26.8 USD |
|
3 years ago
Nov 15, 2021
|
Bought 1 M USD
|
Thomas-Graham Pamela
Director |
+ 12821
|
78 USD |
|
3 years ago
Nov 15, 2021
|
Bought 936 K USD
|
MARCARIO ROSE M
Director |
+ 12000
|
78 USD |
|
3 years ago
Nov 15, 2021
|
Bought 1.56 M USD
|
Baker Jeff
Chief Accounting Officer |
+ 20000
|
78 USD |
|
3 years ago
Nov 15, 2021
|
Bought 10 M USD
|
Scaringe Robert J
Chief Executive Officer |
+ 128175
|
78 USD |
|
3 years ago
Nov 15, 2021
|
Bought 1.56 M USD
|
FLATLEY JAY T
Director |
+ 20000
|
78 USD |
|
3 years ago
Nov 15, 2021
|
Bought 191 K USD
|
McDonough Claire
Chief Financial Officer |
+ 2450
|
78 USD |
|
3 years ago
Nov 15, 2021
|
Bought 1.56 M USD
|
Boone Karen
Director |
+ 20000
|
78 USD |
|
3 years ago
Nov 15, 2021
|
Bought 663 K USD
|
Schwartz Sanford Harold
Director |
+ 8500
|
78 USD |
|
3 years ago
Nov 15, 2021
|
Bought 655 K USD
|
Behl Jiten
Chief Growth Officer |
+ 8400
|
78 USD |
|
3 years ago
Nov 15, 2021
|
Bought 280 K USD
|
Krawiec Peter
Director |
+ 3590
|
78 USD |
7. News
Rivian's Future Is Now Tied to This Giant Competitor
Rivian and VW's partnership is good news for Rivian, but it comes with a big cost to shareholders.
fool.com
- 21 hours ago
Trump's Election Caused a Sell-Off in Clean Energy Stocks. But Is It an Opportunity for These 2 Industry Leaders?
Trump's election has caused renewable and electric vehicle (EV) stocks to crash. But these industry leaders could be bargains.
fool.com
- 1 day ago
My Favorite Electric Vehicle (EV) Stock to Buy Before Nov. 30
If you're hunting for EV stocks, this one is my favorite.
fool.com
- 1 day ago
This Part of Rivian Is Thriving
Rivian's third quarter failed to inspire investor confidence, but this newer part of Rivian is thriving right now.
fool.com
- 1 day ago
Rivian Stock Remained Turbulent Today. Is It an Opportunity to Buy?
Rivian Stock Remained Turbulent Today. Is It an Opportunity to Buy?
fool.com
- 1 day ago
1 Wall Street Analyst Thinks Rivian Stock Is Going to $23. Is It a Buy at Around $10.50?
1 Wall Street Analyst Thinks Rivian Stock Is Going to $23. Is It a Buy at Around $10.50?
fool.com
- 1 day ago
The Big 3: CAT, RIVN, T
All the names in today's Big 3 show upside potential, but Aquiles Larrea notes resistance they need to break through. He and Rick Ducat break down the technical trends in Caterpillar (CAT), Rivian (RIVN) and AT&T (T).
youtube.com
- 1 day ago
Rivian Stock Is Down Again on Tax Credit Fears
Rivian Stock Is Down Again on Tax Credit Fears
fool.com
- 1 day ago
Rivian's Wild Ride: Is the Dip a Buying Opportunity?
Rivian Automotive NASDAQ: RIVN has been on a rollercoaster ride in recent weeks, with its stock price experiencing dramatic swings that reflect the turbulent nature of the electric vehicle (EV) sector. Despite the company's recent partnership with Volkswagen offering a glimmer of hope, investors remain skeptical.
marketbeat.com
- 1 day ago
NIO (NIO) Stock Price Prediction and Forecast 2025-2030
NIO (NYSE:NIO) is one of the hottest EV car companies in the world and a top 10 largest in the world (3rd largest in China). NIO stock made its debut on the New York Stock Exchange on September 12th, 2018, at $6.26 per share. Within 3 years of trading, NIO stock hit an all-time high of $62.84 in February 2021 before plummeting 92.66% to today’s price of $4.61 per share. While the share price run-up in early 2020 was purely a momentum push, NIO brand in the EV market was not tarnished. In fact, the car company is still seen as a premium EV player and one of the first companies to address range anxiety issues by creating battery swap technology as a supplement to charging. 24/7 Wall Street aims to provide readers with our assumptions about the stock’s prospects going forward, what growth we see in NIO stock for the next several years, and what our best estimates are for NIO’s stock price each year through 2030. Key Points in this Article: NIO is the 3rd largest EV company in China NIO is the first EV to pioneer swappable battery packs. If you’re looking for a megatrend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. The report includes a complete industry map of AI investments that includes many small caps. Recent NIO Stock Updates and news 11/14/2024 NIO’s CFO, Stanly Qu, says that the company now has over 150 battery swap stations in Shanghai. These stations do over 100 services a day, although they only need 60 to 70 to break even each day. A single battery swap station can provide 480 services each day as well. 11/12/20-24 NIO’s sub-brand, Onvo, experienced a major decline in sales this past week. Compared to the previous week’s 1,300 units, sales dropped by 37% to 820 units. 11/11/2024 The Swiss National Bank significantly reduced its investment in NIO during the third quarter. The bank’s stake in the company decreased by 67%, as revealed in a recent regulatory filing. 11/8/2024 NIO’s stock price fell by 4.7% today, reaching a low of $5.02. Trading volume was also significantly lower than average. 11/7/2024 As part of its first market outside of China, NIO opened the 20th battery swap station in Norway today, located in Trondheim. NIO now has 58 stations in Europe. 11/5/2024 NIO’s share price climbed 3.3% today. The stock traded in a range of $5.14 to $5.38. While there was a decline of 73% in trading volume compared to the average daily volume, the stock’s upward momentum suggests potential investor interest. 11/4/2024 NIO is planning to unveil its first hybrid model, Firefly, in December 2024. This hybrid will be an electric vehicle with a range extender (EREV) and will be exclusively sold in international markets like North Africa, Europe, and the Middle East. 11/1/2024 NIO delivered 20,976 vehicles in October, a 30.5% increase compared to the same period last year. The NIO brand delivered 16,657 vehicles and its sub-brand Onvo delivered 4,319 vehicles. 10/31/2024 NIO’s stock price decreased 4.67% today down to $5.10. 10/29/2024 NIO’s stock price jumped by over 11% yesterday. This was fueled by an analyst upgrade and positive sentiment surrounding its new mass-market vehicle brand. NIO Stock Early Stage Growth The following is a table of NIO’s revenues, operating income, and share price for the first few years as a public company. Here’s a table summarizing performance in share price, revenues, and profits (net income) from 2014 to 2018. Share Price (End of Year) Revenues (CNY) Operating Income 2018 $5.39 4,951.2 (9,595.6) 2019 $3.45 7,824.9 (11,079.2) 2020 $40.00 16,257.9 (4,607.6) 2021 $16.70 36,136.4 (4,496.3) 2022 $7.87 49,268.6 (15,640.7) 2023 $4.71 55,617.9 (22,655.2) Revenue and operating income in Billion CNY (1CNY=.14 USD) Now let’s take a look at Rivian (NASDAQ:RIVN) the first few years it was a publicly traded company (here is Rivian’s stock price forecast): Share Price (End of Year) Revenues Operating Income 2021 $50.24 $55.0 ($4,220.0) 2022 $19.30 $1,658.0 ($6,856.0) 2023 $10.70 $4,434.0 ($5,739.0) TTM $15.35 $4,997.0 (5,790.0) The revenue growth for both firms is similar but Rivian’s operating loss is more than double the yearly operating loss of NIO. NIO formerly contracted its manufacturing to Jianghuai Automobile Group, paying a fee for each vehicle produced in addition to fixed cost. They have since acquired the factory from JAC. This agreement is beneficial for a young start-up in a very capital-intensive market. However, when scale is reached, the variable cost model has its downsides. 3 Key Drivers of NIO’s Stock Performance Product Portfolio Expansion and Growing Market Share New Model Launches: Similar to Tesla, NIO started off with a higher-end roadster and used the higher-end models to re-invest into more affordable, mass-market vehicles. NIO aims to push further into price-conscious markets while also adding options for its more premium customers. Add-On Services: With NIO’s battery swap technology, the company plans to roll out an innovative battery-as-a-service solution for its customer base. The company plans on building over 4,000 swap stations worldwide by the end of 2025. Increased Vehicle Deliveries and Market Penetration Growing NEV Adoption: The market for new market vehicles (NEVs) is on the rise in China. NIO expects vehicle deliveries in 2025 to double the output from 2023 (roughly 165,000 units). This still only makes up about 2% of the Chinese NEV market and gives NIO plenty of roadway to grab market share for years to come. International Expansion: NIO’s strategy includes expanding its market presence outside China. The company built its first overseas battery-swap station in Hungary in 2022 and has several service centers and NIO accessory businesses throughout Europe. Advancements in Technology and Customer Experience Battery and Charging Solutions: NIO’s advancements in battery technology and charging solutions aim to alleviate range anxiety among consumers and help lower the overall cost of the vehicle by 15% to 30%. Focus on Younger Consumers: NIO’s leadership in EV technology will provide brand equity to younger generations of drivers who value enhanced technology packages. NIO Stock Forecast Through 2030 Year Revenue Shares Outstanding P/S Est. 2025 97,052 2,050 mm 1x 2026 114,172 2,050 mm 1x 2027 134,643 2,050 mm 1.5x 2028 257,634 2,050 mm 1.5x 2029 176,533 2,050 mm 1.5x 2030 189,548 2,050 mm 2x Revenue in CYN millions Compared to Rivian and Tesla, NIO’s price-to-sales valuation will be moderately discounted. While NIO is in solid financial standing and has a premium brand image, it’s still uncertain how much competition the company will face in China and expanding overseas. The company is already spending a quarter of revenues on R&D and if NIO can’t capitalize on this spend, the stock price will be sluggish compared to North American EV manufacturers. NIO Share Price Estimates 2025-2030 How NIO’s Next 5 Years Could Play Out Wall Street analysts have NIO’s stock price over the next year to be $6.94 which gives the stock a 50.54% upside over today’s price of $4.61. Of the 26 analysts covering the stock, the consensus recommendation is a 2.07 ‘Outperform’ Score. We expect to see a revenue growth of 60% for 2025, with a price-to-sales multiple of 1x, which puts our price target at $6.63, an upside of 43.82%. Going into 2026, we estimate the price to be $7.80, with another strong 50%+ revenue bump. However, with EBITDA still well in the negative, we see the market not rewarding the stock as much and giving it a lower valuation multiple, resulting in an upside of 69.20%. Heading into 2027, we expect the stock price increase to leap forward to $13.80 with another strong 50%+ revenue growth year-over-year. That is a 97% year-over-year gain and up 199.35% from today’s stock price. When predicting more than 3 years out, we expect NIO’s P/S ratio in 2028 to be 1.5x and top-line growth of 50%. In 2028, we have NIO’s revenue coming in around $36 billion, suggesting a stock price estimate at $26.39 or a gain of 472.45% over the current stock price. 24/7 Wall Street expects NIO’s stock to continue its revenue growth and to generate $25 billion in revenue. The stock price in 2029 is estimated at $18.08, or a gain of 292.19% over today’s price. NIO Stocks Price Target for 2030 We estimate NIO’s stock price to be $25.89 per share. Our estimated stock price will be 461.61% higher than the current stock price. Year Price Target % Change From Current Price 2024 $6.94 Upside of 50.54% 2025 $6.63 Upside of 43.82% 2026 $7.80 Upside of 69.20% 2027 $13.80 Upside of 199.35% 2028 $26.39 Upside of 472.45% 2029 $18.08 Upside of 292.19% 2030 $25.89 Upside of 461.61% Is Your Money Earning the Best Possible Rate? (Sponsor) Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation. However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately. There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money! The post NIO (NIO) Stock Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St..
https://247wallst.com
- 2 days ago
Rivian-Volkswagen Deal Strengthens Finances, Yet EV Market Risks Remain: Goldman Sachs
Goldman Sachs analyst Mark Delaney maintained a neutral rating on Rivian Automotive Inc. RIVN and raised the price target from $10 to $12.
benzinga.com
- 2 days ago
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.
marketwatch.com
- 2 days ago
8. Profile Summary
Rivian Automotive, Inc. RIVN
COUNTRY
US
INDUSTRY
Auto - Manufacturers
MARKET CAP
$ 10.1 B
Dividend Yield
0.00%
Description
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.
Contact
14600 Myford Road, Irvine, CA, 92606
https://rivian.com
IPO Date
Nov. 10, 2021
Employees
16790
Officers
Ms. Anisa Kamadoli Costa
Chief Sustainability Officer
Mr. Javier Varela
Chief Operations Officer
Mr. Robert Joseph Scaringe Ph.D.
Founder, Chief Executive Officer & Chairman of the Board
Mr. Michael J. Callahan
Chief Legal Officer & Secretary
Mr. Jimmy Knauf
Executive Vice President of Facilities
Mr. Wassym Bensaid
Chief Software Officer
Mr. Timothy Francis Bei C.F.A.
Vice President of Investor Relations
Mr. Jeff Hammoud
Chief Design Officer
Ms. Claire McDonough
Chief Financial Officer & Chief Accounting Officer
Dr. Kjell Gruner
Executive Officer