Rivian knows there aren't shortcuts to building a successful EV company -- but that doesn't mean it's not taking the road less traveled.If you believe that electric vehicles (EVs) are the future of the automotive industry, as I do, then you've likely spent some time trying to figure out which EV makers to invest in. Is it better to choose an automotive stalwart or opt for an EV start-up with lots of potential upside?You don't have to choose either/or, of course, but if you've got just $500 to invest right n ...

Rivian Automotive (RIVN) closed the latest trading day at $13.72, indicating a -1.51% change from the previous session's end. This change lagged the S&P 500's daily gain of 0.75%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 1%.Shares of the a manufacturer of motor vehicles and passenger cars witnessed a gain of 5.13% over the previous month, trailing the performance of the Auto-Tires-Trucks sector with its gain of 8.02% and outperforming the S&P 500' ...

California-based electric vehicle (EV) startup Rivian Automotive (RIVN) has been witnessing deteriorating estimate revisions for its bottom line lately. Over the past week, estimates for Rivian’s loss per share have widened for the remaining quarters of 2024 and for full-year 2024 and 2025. Given these estimate revisions, it seems that analysts are losing confidence in the stock. With concerns regarding Rivian’s near-term outlook growing, is it time for you to sell the stock or stay patient through the down ...

Electric truck maker Rivian's $5 billion deal with Volkswagen Group nets Rivian some much-needed cash. But it also gives Volkswagen a path to a future in the auto industry it has struggled to gain on its own.In its short lifespan, Rivian has enjoyed praise from the automotive press, received chart-topping customer satisfaction ratings, gone through one of the biggest initial public offerings of all time, and watched its market value swell to $150 billion.But since then, Rivian's shares have plummeted. As of ...

Rivian Automotive, Inc. (NASDAQ:RIVN) Goldman Sachs Communacopia + Technology Conference September 9, 2024 11:50 AM ET Company Participants Mark Delaney - Goldman Sachs Conference Call Participants Claire McDonough - Chief Financial Officer Mark Delaney Okay, great. Thank you everybody for joining. My named is Mark Delaney, I cover Rivian for Goldman Sachs. Very pleased to have with us yet again this year Claire McDonough, the CFO of Rivian. Thanks for joining. Claire McDonough Thanks for having me. Questio ...

Rivian Automotive, Inc. (NASDAQ:RIVN) Goldman Sachs Communacopia + Technology Conference September 9, 2024 11:50 AM ET Company Participants Mark Delaney - Goldman Sachs Conference Call Participants Claire McDonough - Chief Financial Officer Mark Delaney Okay, great. Thank you everybody for joining. My named is Mark Delaney, I cover Rivian for Goldman Sachs. Very pleased to have with us yet again this year Claire McDonough, the CFO of Rivian. Thanks for joining. Claire McDonough Thanks for having me. Questio ...

The electric vehicle stock is giving investors plenty of reasons to stay bullish.Rivian Automotive (RIVN 2.65%) stock gained a staggering 84% in the three months between May and July. That seemingly unstoppable rally ground to a halt last month, with the electric vehicle (EV) stock losing 13.9% of its value in August, according to data provided by S&P Global Market Intelligence. Rivian shares remain under pressure and are down another 4% this month, as of this writing.What's going on with Rivian stock?Rivia ...

One Wall Street analyst is super bullish on Rivian stock. He might be right.Wall Street doesn't know what to make of Rivian (RIVN -3.71%) stock. Price targets range from $14 to $19 per share. With the stock price currently hovering around $13, there's either minimal near-term upside or plenty of it. So which is it? One analyst recently reaffirmed his outperform rating for Rivian, reiterating confidence in his $19 price target with 42% in expected upside, the most bullish outlook on Wall Street. Could there ...

Rivian shares remain volatile. Is now finally the time to buy?Rivian (RIVN -3.71%) has been a difficult stock to pin down. Shares have soared by 100% or more during certain trading periods. But over the long term, the stock has been a major loser. Since shares went public in 2021, they've lost around 90% of their value.Yet Rivian operates in one of the largest industries in the world: Transportation. Specifically, it's competing in one of the fastest-growing categories of the transportation industry -- elec ...

The electric pickup and SUV maker could be worth a closer look.Plenty of successful electric vehicle (EV) start-ups have yet to achieve profitability, and Rivian (RIVN 0.99%) is a member of this group. But as Fool.com auto industry expert John Rosevear explains in this video, it could have the best future prospects of its EV start-up peer group.*Stock prices used were the morning prices of Aug. 23, 2024. The video was published on Aug. 30, 2024. ...