Rivian Automotive Stock Today
| RIVN Stock | USD 8.90 0.48 5.12% |
Performance0 of 100
| Odds Of DistressOver 72
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Rivian Automotive is selling at 8.90 as of the 1st of May 2024; that is -5.12 percent decrease since the beginning of the trading day. The stock's open price was 9.38. Rivian Automotive has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Rivian Automotive are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
Business Domain Automobiles & Components | IPO Date 10th of November 2021 | Category Consumer Cyclical | Classification Consumer Discretionary |
Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. Rivian Automotive, Inc. was founded in 2009 and is based in San Jose, California. Rivian Automotive operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. The company has 969.63 M outstanding shares of which 131.41 M shares are at this time shorted by private and institutional investors with about 3.24 trading days to cover. More on Rivian Automotive
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Rivian Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Rivian Automotive's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Rivian Automotive or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Cars (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Automobile Manufacturers, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, Cars, Consumer Discretionary, Automobiles, Auto Manufacturers, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Rivian Automotive report their recommendations after researching Rivian Automotive's financial statements, talking to executives and customers, or listening in on Rivian Automotive's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Rivian Automotive. The Rivian consensus assessment is calculated by taking the average forecast from all of the analysts covering Rivian Automotive. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Rivian Automotive's historical financial statements, Rivian Automotive is not in a good financial situation at this time. It has a very high probability of going through financial hardship in June. Financial strength of Rivian Automotive is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Rivian Automotive's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Rivian Automotive's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rivian Automotive's financial leverage. It provides some insight into what part of Rivian Automotive's total assets is financed by creditors.
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Rivian Automotive (RIVN) is traded on NASDAQ Exchange in USA. It is located in 14600 Myford Road, Irvine, CA, United States, 92606 and employs 16,790 people. Rivian Automotive is listed under Automobile Manufacturers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rivian Automotive's market, we take the total number of its shares issued and multiply it by Rivian Automotive's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Rivian Automotive conducts business under Automobiles sector and is part of Consumer Discretionary industry. The entity has 969.63 M outstanding shares of which 131.41 M shares are at this time shorted by private and institutional investors with about 3.24 trading days to cover.
Rivian Automotive currently holds about 13.27 B in cash with (4.87 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Rivian Automotive Probability Of Bankruptcy
Ownership AllocationRivian Automotive owns a total of 969.63 Million outstanding shares. Over half of Rivian Automotive's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Rivian Automotive. Please watch out for any change in the institutional holdings of Rivian Automotive as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Rivian Ownership Details
Rivian Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Rivian Automotive jumping above the current price in 90 days from now is about 88.37%. The Rivian Automotive probability density function shows the probability of Rivian Automotive stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Rivian Automotive has a beta of 0.4462 indicating as returns on the market go up, Rivian Automotive average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Rivian Automotive will be expected to be much smaller as well. Additionally, rivian Automotive has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Rivian Automotive to move above the current price in 90 days from now is about 88.37 (This Rivian Automotive probability density function shows the probability of Rivian Stock to fall within a particular range of prices over 90 days) .
Rivian Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Rivian Automotive that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Rivian Automotive's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Rivian Automotive's value.| Instituion | Recorded On | Shares | |
| Hhg Plc | 2023-12-31 | 10.2 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 7.4 M | |
| Jane Street Group, Llc | 2023-12-31 | 7.4 M | |
| D1 Capital Partners L.p. | 2023-12-31 | 5.9 M | |
| Norges Bank | 2023-12-31 | 5.5 M | |
| Legal & General Group Plc | 2023-12-31 | 4.9 M | |
| D. E. Shaw & Co Lp | 2023-09-30 | 4.9 M | |
| First Trust Advisors L.p. | 2023-12-31 | 4.8 M | |
| Northern Trust Corp | 2023-12-31 | 4 M | |
| Amazon.com Inc | 2023-12-31 | 158.4 M | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 97.1 M |
Rivian Automotive Historical Income Statement
Rivian Automotive Income Statement is one of the three primary financial statements used for reporting Rivian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Rivian Automotive revenue and expense. Rivian Automotive Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Rivian Automotive's Cost Of Revenue is very stable compared to the past year. As of the 1st of May 2024, Reconciled Depreciation is likely to grow to about 909.3 M, while Selling General Administrative is likely to drop about 1.1 B. View More FundamentalsRivian Stock Against Markets
Picking the right benchmark for Rivian Automotive stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Rivian Automotive stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Rivian Automotive is critical whether you are bullish or bearish towards Rivian Automotive at a given time. Please also check how Rivian Automotive's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Rivian Automotive without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Rivian Automotive Corporate Management
Elected by the shareholders, the Rivian Automotive's board of directors comprises two types of representatives: Rivian Automotive inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rivian. The board's role is to monitor Rivian Automotive's management team and ensure that shareholders' interests are well served. Rivian Automotive's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rivian Automotive's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jeffrey Baker | Chief Officer | Profile | |
| Robert Scaringe | CEO Founder | Profile | |
| CFA CFA | VP Relations | Profile | |
| Anisa Costa | Chief Officer | Profile | |
| Michael Callahan | Chief Secretary | Profile | |
| Frank Klein | Chief Officer | Profile | |
| Nick Mulholland | VP Communications | Profile |
How to buy Rivian Stock?
Before investing in Rivian Automotive, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Rivian Automotive. To buy Rivian Automotive stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Rivian Automotive. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Rivian Automotive stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Rivian Automotive stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Rivian Automotive stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Rivian Automotive, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Rivian Stock please use our How to Invest in Rivian Automotive guide.
Already Invested in Rivian Automotive?
The danger of trading Rivian Automotive is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Rivian Automotive is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Rivian Automotive. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Rivian Automotive is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Rivian Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rivian Automotive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rivian Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rivian Automotive Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rivian Automotive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. To learn how to invest in Rivian Stock, please use our How to Invest in Rivian Automotive guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Rivian Stock analysis
When running Rivian Automotive's price analysis, check to measure Rivian Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rivian Automotive is operating at the current time. Most of Rivian Automotive's value examination focuses on studying past and present price action to predict the probability of Rivian Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rivian Automotive's price. Additionally, you may evaluate how the addition of Rivian Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Rivian Automotive's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rivian Automotive. If investors know Rivian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rivian Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.74) | Revenue Per Share 4.682 | Quarterly Revenue Growth 0.983 | Return On Assets (0.21) | Return On Equity (0.47) |
The market value of Rivian Automotive is measured differently than its book value, which is the value of Rivian that is recorded on the company's balance sheet. Investors also form their own opinion of Rivian Automotive's value that differs from its market value or its book value, called intrinsic value, which is Rivian Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rivian Automotive's market value can be influenced by many factors that don't directly affect Rivian Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rivian Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rivian Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rivian Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.