Rivian keeps promise on making a profit, but here’s why the stock is falling
Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales.
Why Rivian Stock Plunged Nearly 10% Today
Shares of Rivian Automotive ( RIVN -7.21%) plunged 9.7% shortly after 10 a.m. ET today, sinking to their lowest price so far this year. At least one analyst turned cautious about the electric vehicle (EV) maker's prospects after its weak outlook for 2025.
Here’s why Rivian’s (RIVN) stock is down today even after its big Q4 milestone
Rivian (RIVN) shares hit a new yearly low on Monday, dropping nearly 10%. Despite achieving its first gross profit
Rivian Stock Is Falling on Downgrades. Risks Are ‘Piling Up.’
Shares of electric-vehicle maker Rivian Automotive are lower following a couple of recent Wall Street downgrades.
Should You Buy Rivian Stock While It's Below $14.50?
Funding concerns are likely a big factor in today's valuation. With a share price just below $14.50, Rivian stock is valued at just 3x sales -- a deep discount to Tesla's 12.7x sales valuation. But funding concerns could soon be over.
Why Rivian (RIVN) Shares Are Trading Lower Today
What Happened? Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) 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.
Here’s Why Rivian Expects a Challenging 2025
The EV maker expects a "challenging demand environment" in 2025, also citing changes to government regulations and policies, ...
TopSpeed4h
Rivian CEO Details Coming Level 3 Autonomous Driving Tech
Rivian, in a race with rivals, will have Level 3 autonomous driving onboard by 2026. Some cars will get advanced autonomy in ...
Rivian: Gross Profit Inflection Point
Rivian beats Q4'24 estimates with positive margins & cash flow, but FY 2025 delivery outlook disappoints. Click here to read ...
How Porsche, Volvo and Rivian Are Injecting Unique Driving Styles Into Self-Driving Cars
The automakers are using software and AI to make vehicles of tomorrow more collaborative, working alongside passengers.
Rivian Automotive price target raised to $13 from $12 at DA Davidson
DA Davidson analyst Michael Shlisky raised the firm’s price target on Rivian Automotive (RIVN) to $13 from $12 and keeps a Neutral rating on ...
Rivian will launch hands-off highway driver assist ‘in a few weeks’
Rivian said Thursday it plans to launch a hands-off version of its driver assistance system for highway driving "in a few ...
Rivian Reveals First Limited-Edition R1 Examples
Rivian has introduced its limited-edition California Dune Edition, a bespoke variant of the Tri-Motor R1 vehicles inspired by ...
Electrek1d
Rivian Upfit Program offers fleet managers custom solutions for its EVs
Days after Rivian announced it would make its electric vans available, the company has launched the Rivian Upfit Program.
Rivian finally shows it can actually sell cars for more than the price it costs to build them
The EV manufacturer earned a $110 million gross profit at its core automotive business in the fourth quarter, a milestone ...