This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributors Thomas Potter and Elijah Buell.Analyst’s Disclosure: I/we h ...

Rivian shares are getting cheaper. Is it finally time to buy?Rivian (RIVN 0.79%) stock has significant upside potential. But you wouldn't know that by looking at its recent trajectory. In 2024 alone, Rivian shares have lost roughly half their value and are dangerously close to falling below $10 per share. If you're willing to take on extra risk for the chance to make 1,000% or more in profits, this looks like your chance. But there are some factors you need to be aware of before jumping in.2 reasons you sho ...

Rivian shares have lost 15% over the past month. Shares could finally be a buy.As a company, Rivian Automotive (RIVN -2.79%) has performed incredibly well since going public in 2021. Over that time frame, sales have risen by more than 1,000%, breaching the $5 billion mark earlier this year. As an investment, however, Rivian's journey has been disappointing. The stock price is down big since its initial public offering (IPO), losing roughly 15% over the past month alone.But don't lose hope just yet. If you'r ...

AUSTIN, Oct. 31, 2024 (GLOBE NEWSWIRE) -- RWE, the third largest renewable energy company in the U.S., today announced it signed a long-term power purchase agreement (PPA) with electric vehicle manufacturer Rivian for the electricity from an upgraded RWE wind project in West Texas. The PPA underlines RWE’s ability to support the demand for clean electricity from manufacturing, technology and other energy-intensive sectors. Under the 15-year PPA, electricity from RWE’s Champion Wind, a 127 megawatt (MW) wind ...

The electric vehicle start-up will be giving investors an important update. The largest initial public offering (IPO) of 2021 has come back down to earth. Electric vehicle (EV) upstart Rivian Automotive (RIVN -0.76%) went public with a $100 billion market cap, raising over $10 billion in the process. Today, its stock is down 94% from all-time highs as production stalls and the company burns enormous levels of cash every quarter. Its market cap is only $10.5 billion today. Management will be updating investo ...

Rivian Automotive (RIVN) closed the most recent trading day at $10.39, moving -0.76% from the previous trading session. This change lagged the S&P 500's daily loss of 0.33%. Elsewhere, the Dow saw a downswing of 0.22%, while the tech-heavy Nasdaq depreciated by 0.56%.Coming into today, shares of the a manufacturer of motor vehicles and passenger cars had gained 0.29% in the past month. In that same time, the Auto-Tires-Trucks sector lost 4.84%, while the S&P 500 gained 1.83%.Analysts and investors alike wil ...

VW’s new offshoot EV company Scout Motors, which revealed its first two vehicles last week, will use the software and zonal architecture being developed by the joint venture between Rivian and the Volkswagen Group.Rivian Chief Software Officer Wassym Bensaid confirmed to TechCrunch at Disrupt 2024 that Scout will leverage the joint venture tech when its vehicles go into production in 2027. VW and Rivian are still working to close the $5 billion deal, which they expect to happen before the end of this year. ...

An investment firm is taking a more cautious stance on sales expectations for Rivian this year.Rivian Automotive (RIVN -4.01%) stock is slipping in Tuesday's trading. The electric vehicle (EV) company's share price was down 4.6% as of 2:30 p.m. ET.D.A. Davidson published a note today lowering its sales forecast for Rivian, according to reporting from the blog EV. On the other hand, D.A. Davidson maintained its rating and price target for Rivian stock.Rivian stock falls after a sales target cut from an inves ...

Rivian's path forward isn't as bright as it might appear. Shares of Rivian (RIVN 0.19%) have dropped 55% this year as the company continues to disappoint investors looking for an inflection in the business. The latest was a reduction in full-year production, from an expected 57,000 vehicles to a new range of 47,000 to 49,000 vehicles. This continues a multi-year run of disappointing production results from the electric vehicle (EV) maker. But is this the time to jump on Rivian, with the stock down? It may b ...

Rivian might have exited 2023 with a ton of momentum, but that's fizzled throughout 2024 -- here's why investors shouldn't give up on the young EV maker.Rivian's (RIVN 0.19%) limited history is filled with ups and downs, pleasant surprises and sudden disappointments. Some investors think it's a young electric vehicle (EV) company that has separated itself from other start-up EV automakers, with unlimited potential as the world transitions to EVs. Other investors see a money-burning machine facing intense co ...