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Rivian's Deliveries Rebound. Is the Stock a Buy in 2025?
The Motley Fool· 2025-01-08 11:46
The bulls and bears have been in a good old-fashioned wrestling match with Rivian Automotive (RIVN -4.87%) stock over the past year, each landing some punches. For every big win, such as Rivian's joint venture with Volkswagen, and its Department of Energy (DoE) loan approval -- both worth billions -- there were production snags, cash burn, delivery disappointments, and a lack of 2025 launches or catalysts.The last punch was landed by the bulls, with Rivian's fourth-quarter production and deliveries topping ...
1 Wall Street Analyst Thinks Rivian Stock Is Going to $8. Is It a Sell?
The Motley Fool· 2025-01-07 10:55
As 2025 kicks into gear, there are many high-potential stocks for investors to buy. Rivian Automotive (RIVN -4.70%), however, isn't one of them.An analyst tracking the stock maintains that it's undoubtedly a sell, even though he recently boosted his price target considerably. Here's a closer look at this bearish take on the high-profile electric vehicle (EV) company. A big boost from a professional bearLast Friday, Garrett Nelson of CFRA boosted his Rivian target price to $8 per share, which is 60% higher t ...
Rivian's Strong Deliveries, R2 Line Plans And VW JV Expansion Drive Analyst Optimism
Benzinga· 2025-01-06 18:29
Rivian Automotive, Inc RIVN stock traded lower Monday. On Friday, the electric vehicle startup reported 14,183 vehicle deliveries for the December quarter.It marked its second-highest quarterly deliveries since its first EV in the fourth quarter of 2021. For the full year 2024, Rivian delivered 51,579 EVs.Analysts rerated the EV company on Friday following the numbers.Also Read: Stellantis, Volkswagen Stocks Tumble As US EV Tax Credits DisappearCantor Fitzgerald analyst Andres Sheppard reiterated Rivian Aut ...
Rivian Surges 24%: Is it Still an Opportune Time to Buy the Stock?
ZACKS· 2025-01-06 15:21
Rivian Automotive Inc.’s (RIVN) stock gained more than 24% on Jan. 3 after the upstart electric vehicle (EV) maker released its production and delivery numbers for the fourth quarter and full-year 2024. The company reported that its results aligned with earlier predictions, demonstrating it met its targets despite facing challenges, which impressed Wall Street.With this sharp increase, investors may be wondering whether it’s still a good time to buy shares of the American automotive manufacturer. Before add ...
Rivian's Q4 Blowout Sales Fuel 24% Stock Surge: Time to Book Profits?
ZACKS· 2025-01-06 14:56
Stock Performance and Delivery Numbers - Rivian Automotive (RIVN) surged 24.45% to close at $16.49, marking its biggest single-day percentage gain since going public [1] - The company delivered 14,183 vehicles in Q4 2024, surpassing Wall Street's estimate of 13,000 units and edging out its Q4 2023 delivery figure of 13,972 units [1] - For the full year 2024, Rivian produced 49,476 vehicles, exceeding its guidance of 47,000–49,000 units, and delivered 51,579 units, aligning with its forecast of 50,500–52,000 units [2] Key Growth Drivers - Rivian has resolved component shortage issues, enabling smooth production of its R1 and RCV platforms [4] - A strategic partnership with Volkswagen (VWAGY) includes a $5.8 billion investment to enhance technological capabilities and accelerate production timelines [5] - The company plans to expand its product portfolio with the introduction of the R2, R3, and R3X models, targeting budget-conscious buyers with the R2 midsize SUV priced at $45,000 [6] - Rivian aims to achieve gross profitability by Q4 2024, with material costs for the R1 lineup projected to decline by 20% in 2025 and R2 model costs potentially decreasing by 45% [7] - A $6.6 billion loan from the U.S. Department of Energy will fund the construction of a new manufacturing facility in Georgia, expected to boost production capacity by 2028 [8] Financial Estimates - Zacks Consensus Estimates for revenue: $1.31 billion (Q4 2024), $1.10 billion (Q1 2025), $4.56 billion (2024), and $5.20 billion (2025) [10] - Year-over-year revenue growth estimates: -0.54% (Q4 2024), -8.67% (Q1 2025), 2.74% (2024), and 14.19% (2025) [10] - Zacks Consensus Estimates for EPS: -$0.67 (Q4 2024), -$0.86 (Q1 2025), -$4.03 (2024), and -$2.48 (2025) [10] - Year-over-year EPS growth estimates: 50.74% (Q4 2024), 27.73% (Q1 2025), 17.42% (2024), and 38.54% (2025) [10] Challenges and Risks - Rivian's cash and cash equivalents fell to $5.4 billion at the end of Q3 2024 from $7.9 billion at the end of 2023, reflecting significant cash burn [11] - The company lowered its adjusted EBITDA forecast for 2024, projecting losses of $2.83 to $2.88 billion, compared to its prior estimate of $2.7 billion [11] - Political uncertainties, including potential shifts in EV policies under Donald Trump's administration, add to the risks [12] - The EV market is becoming increasingly crowded, with established automakers and new entrants vying for market share [12] Valuation and Investment Considerations - Rivian is trading at a forward sales multiple of 3.21, higher than its peer group and its own five-year average of 3 [13] - The stock carries a Value Score of F, indicating stretched valuation [13] - Near-term risks and the stock's recent rally suggest that new investors may find better entry points during a pullback [15]
Rivian Automotive (RIVN) Moves 24.5% Higher: Will This Strength Last?
ZACKS· 2025-01-06 11:11
Rivian Automotive Stock Performance - Rivian Automotive (RIVN) shares surged 24.5% to $16.49 in the last trading session, driven by higher-than-average trading volume [1] - The stock's recent performance compares to a 7.4% gain over the past four weeks [1] Rivian's Production and Delivery Figures - Rivian delivered 51,579 vehicles in 2024, within its projected range of 50,500-52,000 units [2] - The company produced 49,476 vehicles in 2024, exceeding its outlook of 47,000-49,000 units [2] Rivian's Financial Expectations - Rivian is expected to post a quarterly loss of $0.67 per share, representing a year-over-year improvement of +50.7% [3] - Revenues are projected to be $1.31 billion, down 0.5% from the year-ago quarter [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days [4] Industry Comparison - Rivian Automotive is part of the Zacks Automotive - Domestic industry [4] - Blue Bird (BLBD), another stock in the same industry, closed the last trading session 8.1% higher at $41.77 [4] - Blue Bird has returned -5.2% in the past month [4] - Blue Bird's consensus EPS estimate for the upcoming report is $0.83, unchanged over the past month and representing an -8.8% change from the previous year [5] - Blue Bird currently holds a Zacks Rank of 1 (Strong Buy) [5]
Rivian: My Best Investment Idea For 2025
Seeking Alpha· 2025-01-05 11:19
Stock Performance - Rivian Automotive Inc's stock price has decreased by 42% in 2024, reflecting a challenging year for the company and the electric-vehicle industry as a whole [1] Industry Context - The electric-vehicle industry has faced significant challenges in 2024, impacting companies like Rivian Automotive Inc [1] Analyst Perspective - The article is written by a financial researcher and investor with a focus on innovation, disruption, and growth opportunities in high-tech and early-growth companies [2]
Should You Buy Rivian Stock for 2025?
The Motley Fool· 2025-01-05 10:05
Disclosure and Affiliation - Parkev Tatevosian, CFA has no position in any of the stocks mentioned [1] - The Motley Fool has no position in any of the stocks mentioned [1] - Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services [1] - If users subscribe through his link, he will earn extra money that supports his channel [1] - His opinions remain his own and are unaffected by The Motley Fool [1]
Why Rivian stock is skyrocketing
Finbold· 2025-01-04 09:32
Stock Performance - Rivian's stock price closed at $16 38, marking a 24 56% gain for the day and a 23 52% rally in the first four days of 2025 [2] - Despite the recent rally, Rivian's stock has dropped more than 15% over the past year [2] Delivery and Production Metrics - Rivian delivered 14,183 vehicles in Q4 2024, exceeding the forecasted 13,500 [4] - For the full year 2024, Rivian delivered 51,579 vehicles, surpassing the previous year's figure of 50,122 [4] - Rivian manufactured 12,727 vehicles in Q4 2024, with the annual total reaching 49,476, falling short of the revised 2024 production target of 57,000 units [5] Strategic Developments - Rivian announced a $5 8 billion joint venture with Volkswagen to develop new EV architectures and software [6] - The company is working on two new models, the R2 and R3, with deliveries of the R2 expected in the first half of 2026 [7] - Rivian is expanding its charging network, including the new Joshua Tree Charging Outpost in California, which features 12 high-speed chargers and various amenities [8] Analyst Sentiment - Truist lowered its price target for Rivian from $16 to $12, citing production challenges and missed delivery targets [9] - Mizuho adjusted its target from $15 to $12, noting U S EV demand challenges but expressing optimism about Rivian's long-term prospects [9] - Guggenheim reduced its target from $21 to $18 but maintained a 'Buy' rating, highlighting ongoing supplier issues [10]
Rivian's Stock Is Surging After It Reported More Deliveries Than Expected
The Motley Fool· 2025-01-03 18:50
Rivian is still seeing solid demand for its upscale outdoorsy EVs.Shares of Rivian Automotive (RIVN 22.49%) were trading higher on Friday after the company announced fourth-quarter production and delivery results that were better than Wall Street expected.As of 1:40 p.m. ET, Rivian's shares were up 23% from Thursday's closing price.Demand for Rivian's EVs was stronger than Wall Street expectedRivian said on Friday morning that it produced 12,727 electric vehicles (EVs) in the fourth quarter, and delivered 1 ...