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Analysts revise Rivian stock price targets ahead of earnings
RIVNRivian Automotive(RIVN) Finbold·2024-11-06 19:00

Electric vehicle (EV) maker Rivian Automotive Inc. (NASDAQ: RIVN) is set to release its third-quarter earnings report on November 7, marking a critical moment for the company as it grapples with substantial headwinds.Currently trading at around $9.64, Rivian’s stock has suffered a steep 55% decline year-to-date, attributed to lower-than-expected Q3 deliveries, mounting losses, and slowing demand amid intensifying competition. Rivian five-day stock price: Google FinanceThis earnings report, therefore, could ...