Where Will Rivian Be in 3 Years?

Core Viewpoint - Rivian Automotive has seen a significant decline in stock value, losing nearly 90% since its 2021 debut, yet it presents a potential buying opportunity due to expected substantial sales growth in the coming years [1][3]. Group 1: Current Performance and Market Position - Rivian's current sales base is approximately $5 billion, primarily from two models, the R1T and R1S, priced between $70,000 and $100,000 [4][7]. - Customer satisfaction and loyalty for Rivian are high, as indicated by a Consumer Reports survey where Rivian ranked at the top among major brands [6]. Group 2: Future Growth Prospects - Rivian plans to launch three new vehicles in 2026, the R2, R3, and R3X, all expected to be priced under $50,000, which could significantly expand its customer base [7][8]. - Analysts project a modest 5% revenue growth for the current year, but anticipate a substantial increase to 39% next year, with potential for even greater growth in 2027 and 2028 depending on production ramp-up [7][12]. Group 3: Investment Considerations - Investing in Rivian shares now could secure a low valuation ahead of anticipated growth, but investors should be aware of the risks associated with production timelines and funding needs [9][11]. - The next 12 months may lack significant catalysts for share price movement, with substantial sales scaling expected to begin in 2027 [12][13].