Rivian's third quarter failed to inspire investor confidence, but this newer part of Rivian is thriving right now.Rivian Automotive (RIVN -2.42%) just reported mixed third-quarter results featuring a wider-than-expected loss and a production and supplier snag, but reaffirmed full-year guidance for production, deliveries, and its target to achieve positive gross profits in the fourth quarter.The third quarter also brought evidence Rivian is taking the next step to evolve as an automaker, and the leasing prog ...

Rivian Automotive (RIVN -5.19%) shares have been on a roller-coaster ride since the U.S. election on Nov. 5. A dip after Donald Trump's election victory was followed by a sharp surge in the shares on company-specific news.Rivian stock is ending the week on a down note, though, with shares lower by 5.9% as of 1:15 p.m. ET. That's because there is growing commentary about how the incoming presidential administration could hinder the electric vehicle (EV) start-up's growth plans. But it also could be a buying ...

Investors had mixed reactions when Rivian Automotive (RIVN -6.35%) reported third-quarter results last week. The financial results were disappointing, with lower revenue and a higher reported loss than expected. But the electric vehicle (EV) start-up reaffirmed its delivery expectations for the full year, even though supply chain issues have recently impacted production and its finances.After digesting this latest news, one Wall Street analyst felt the mixed results still meant investors would do well to bu ...

Shares of Rivian Automotive (RIVN -6.30%) are down for a second day on Friday after Reuters reported that the incoming Trump administration plans to end the electric vehicle (EV) tax credit program.As of 10:30 a.m. ET, Rivian's shares were down about 4.7% from Thursday's closing price.Broad concerns for the U.S. EV market if the tax credit program endsRivian's shares closed down over 14% on Thursday after Reuters reported that President-elect Donald Trump's transition team plans to end the consumer tax cred ...

Rivian Automotive NASDAQ: RIVN has been on a rollercoaster ride in recent weeks, with its stock price experiencing dramatic swings that reflect the turbulent nature of the electric vehicle (EV) sector. Despite the company's recent partnership with Volkswagen offering a glimmer of hope, investors remain skeptical. After experiencing the rollercoaster of ups and downs, followed by yet another steep decline, investors question whether the current low represents a genuine opportunity to invest.  Rivian Automoti ...

Rivian Automotive (RIVN -5.74%) stock is hitting the brakes today after it spiked nearly 14% yesterday. That jump came after the company announced final terms for a joint venture (JV) with global automaker Volkswagen. But shares of the electric vehicle (EV) start-up were down by 5% today, as of 11:15 a.m. ET.Investors cheered the details announced with the closing of the JV yesterday. But the partnership had been previously announced, so today's drop likely reflects that fact, as well as uncertainty about R ...

Last week, we received third quarter results from Rivian (NASDAQ: RIVN ). The electric vehicle maker has been one of the more disappointing names in the market in recent years, as revenue growth has not materialized as muchI am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a career in the investment management industry. I ...

Rivian said it has closed a major deal with Volkswagen that could be worth $5.8 billion by 2028.Shares of Rivian Automotive (RIVN 17.86%) were still surging on Wednesday afternoon, after the company announced the closing of a deal with Volkswagen that could be worth well over $5 billion to the electric vehicle (EV) maker.As of 1:30 p.m. ET, Rivian's shares were up about 18.3% from Tuesday's closing price.A deal that should greatly ease Rivian investors' mindsUnder the deal, first outlined in June, Rivian an ...

A massive deal has reignited investors' expectations of the electric vehicle stock.Shares of Rivian Automotive (RIVN 19.27%) catapulted this morning, surging 23.8% within minutes of the start of trading. The electric vehicle (EV) stock was trading 19% higher as of 10:45 a.m. ET Wednesday.Amid all of its struggles in recent years, the biggest hope for Rivian has been its collaboration with Volkswagen Group, which has backed the EV maker's technology and is an investor. Yesterday, the two companies struck the ...

Shares of Rivian Automotive (RIVN) have gained 4.2% over the past four weeks to close the last trading session at $10.58, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $15.26 indicates a potential upside of 44.2%.The average comprises 23 short-term price targets ranging from a low of $11 to a high of $28, with a standard deviation of $4.69. While the lowest estimate indicates ...