Rivian Automotive is an innovative electric vehicle manufacturer focused on producing environmentally friendly transportation solutions
The company designs and develops electric trucks and SUVs, aiming to disrupt the automotive industry by offering high-performance vehicles that are equipped with advanced technology and sustainable features. With an emphasis on outdoor adventure and exploration, Rivian's products cater to outdoor enthusiasts and promote an active lifestyle, while also prioritizing sustainability and reducing carbon emissions.
Looking back on automobile manufacturing stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including General Motors (NYSEGM) and its peers.
US equity futures are higher, reversing much of yesterday's drop, and European bourses are at all time high, as the market braces for NVDA earnings after today’s close.
Rivian share price has retreated after the recent earnings. The stock is sending mixed signals on the weekly chart. It has an interesting risk and reward, with the upside being a 165% jump.
DA Davidson believes Rivian is ramping up marketing efforts ahead of its highly anticipated R2 launch while capitalizing on short-term R1S and R1T opportunities.
Shares of electric vehicle manufacturer Rivian (NASDAQRIVN) fell 7.3% in the afternoon session after Bank of America analysts downgraded the stock's rating from Hold to Sell and cut the target price from $13 to $10. The new price target implied a potential 17% downside from where shares traded before the downgrade was announced. The analysts added "We downgrade RIVN from Neutral to Underperform. RIVN remains one of the most viable among the startup EV OEMs [original equipment manufacturers] and is making progress towards sustainably positive gross margins.".
Rivian's recent stock dip, driven by short-term production adjustments, presents a valuable opportunity for investors focused on long-term EV market growth.
From Workhorse’s fleet expansion to Rivian’s first-ever gross profit, these auto stocks saw the biggest retail buzz on Stocktwits in the week ended Feb. 21, 2025.
