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Rivian Automotive (RIVN) Is Up 3.11% in One Week: What You Should Know
Rivian AutomotiveRivian Automotive(US:RIVN) ZACKSยท2025-05-13 17:00

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Rivian Automotive (RIVN) - Rivian Automotive currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3]. - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [4]. Performance Metrics - Rivian's shares have increased by 3.11% over the past week, outperforming the Zacks Automotive - Domestic industry, which remained flat [6]. - Over the past month, Rivian's stock price has risen by 21.7%, significantly higher than the industry's 7.78% [6]. - In the last quarter, Rivian's shares increased by 4.35%, and over the past year, they gained 34.31%, while the S&P 500 saw movements of -3.09% and 13.39%, respectively [7]. Trading Volume - Rivian's average 20-day trading volume is 30,243,276 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the past two months, six earnings estimates for Rivian have been revised upwards, while none have been lowered, improving the consensus estimate from -$2.91 to -$2.46 [10]. - For the next fiscal year, five estimates have increased, with one downward revision noted [10]. Conclusion - Considering the positive momentum indicators and earnings outlook, Rivian Automotive is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [12].