Rivian (NASDAQ: RIVN) share prices fell after the electric vehicle (EV) maker reported first-quarter 2024 earnings. While sales were roughly in line with Wall Street expectations, the company lost more than analysts had projected it would. And yet, the big-picture story appears to remain intact. That ...
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Fool.com contributor Parkev Tatevosian determines whether Rivian (NASDAQ: RIVN) stock is a buy at its current valuation. *Stock prices used were the afternoon prices of May 7, 2024. The video was published on May 9, 2024. Continue reading
motleyfoolusx:rivn
Rivian Automotive (NASDAQ: RIVN) stock opened lower Wednesday after reporting earnings Tuesday night. News that the company still plans to produce 57,000 electric trucks this year and is cutting its costs failed to alleviate investor worries about Rivian's dwindling cash balance, as well as its continued ...
motleyfoolusx:rivn
Investors didn't react well when Rivian Automotive (NASDAQ: RIVN) reported its first-quarter update this week. While results were largely in line with expectations, the stock slid when the company left its full-year targets intact. Investors were likely hoping for a boost in expected electric vehicle ...
motleyfoolusx:rivn
Rivian Automotive (NASDAQ: RIVN) stock soared more than 8% in early trading on the Nasdaq this morning. (Hurray!) Then its stock turned tail, gave back most of its gains, and as of 10:30 a.m. ET, it was up only 1.6%. (Boo!) Why did Rivian stock rise and then fall back again? The answer is just one word: ...
motleyfoolusx:aaplusx:rivn
Rivian Automotive (NASDAQ: RIVN) stock popped Friday morning after the company reported that it has received a large incentive package from the state of Illinois to expand its electric vehicle (EV) manufacturing plant. Shares jumped as much as about 6% and were still higher by 2.4% as of 12:35 p.m. ET. ...
motleyfoolusx:rivn
Rivian Automotive (NASDAQ: RIVN) stock jumped as much as nearly 5% early Thursday. The stock move slid to a gain of just 2.7% as of 10:55 a.m. ET. But the sentiment may be a response to some frustration with another electric vehicle (EV) company. The move comes after Rivian recently updated plans for ...
motleyfoolusx:rivn
Many electric vehicle (EV) stocks crumbled over the past year as the market cooled off and rising interest rates compressed their valuations. But according to Precedence Research, the global EV market could still expand at a compound annual growth rate (CAGR) of 23.4% from 2024 to 2032 as EVs gradually ...
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2024 has been a year of transition for the electric vehicle (EV) industry. Sales are still growing, but the rate of expanding sales has slowed noticeably. That's led many EV makers to throttle plans to increase production as well as the number of new models being offered. Stocks in the industry have ...
motleyfoolusx:rivn
Lucid Motors (NASDAQ: LCID) highlighted the accolades its electric vehicles (EVs) have received when it reported its full-year 2023 financial results back in February. The list of kudos for the Lucid Air includes Car and Driver's 10 Best list for 2024, 2023 World Luxury Car of the Year, and 2022 MotorTrend ...
motleyfoolusx:tslausx:lcidusx:rivn
Since its initial public offering (IPO), Rivian (NASDAQ: RIVN) has become one of the most prominent names in the electric vehicle industry (EV). With its sleek lineup of electric pickups and SUVs, many investors likely hoped that Rivian would follow a similar trajectory to the champion of EVs, Tesla ...
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To the great relief of many investors who were suffering from the recent rout of electric vehicle (EV) and associated stocks, the market pushed the accelerator on such companies Tuesday. An influential report gave them hope that the sector as a whole would lift itself out of the doldrums with stronger ...
motleyfoolusx:qsusx:lcidusx:rivn
Rivian Automotive (NASDAQ: RIVN) hit an all-time intraday low of just $8.26 per share on April 16, following an 8% slide on April 15. Many electric vehicle (EV) stocks sold off heavily in response to news that Tesla (NASDAQ: TSLA) was cutting 10% of its workforce. Rivian followed suit later last week ...
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It's been a difficult few years for the stock of Rivian Automotive (NASDAQ: RIVN), which has gone from hitting over $179 soon after it debuted in November 2021 to under $10 today. Rivian has been making progress selling vehicles, as it more than doubled production and deliveries in 2023. However, the ...
motleyfoolusx:rivn
Fool.com contributor Parkev Tatevosian reviews what the latest news could mean for Rivian (NASDAQ: RIVN) stock investors. *Stock prices used were the afternoon prices of April 17, 2024. The video was published on April 19, 2024. Continue reading
motleyfoolusx:rivn
As one of many hopeful competitors in the electric vehicle (EV) market, Rivian Automotive (NASDAQ: RIVN) has risen to become a popular investment for many investors looking to capitalize on future EV adoption. The ultimate hope is that the up-and-coming company can follow a trajectory like that of the ...
motleyfoolusx:tslausx:rivn
One Wall Street analyst thinks Rivian Automotive (NASDAQ: RIVN) stock has dropped far enough. UBS analyst Joseph Spak upgraded the stock of the electric vehicle (EV) maker on Tuesday, and implied there could be another upgrade ahead. Spak addressed both a short-term view as well as a specific catalyst ...
motleyfoolusx:rivn
Investors in Rivian Automotive (NASDAQ: RIVN) got a rare bit of good news on Tuesday. After falling for four straight days -- including a sharp drop yesterday on news the electric-car market has gotten so bad that Tesla (NASDAQ: TSLA) must lay off 10% of its workers -- shares of Rivian jumped 4.3% through ...
motleyfoolusx:tslausx:rivn
Rivian Automotive (NASDAQ: RIVN) shares have been in a free fall recently. That continued today as seemingly bad news from electric vehicle (EV) makers continued to be released. Even though there hasn't any real negative news out of Rivian itself, shares have plunged by more than 50% in the last three ...
motleyfoolusx:rivn
Fool.com contributor Parkev Tatevosian forecasts where Rivian (NASDAQ: RIVN) stock could be in 2027. *Stock prices used were the afternoon prices of April 11, 2024. The video was published on April 13, 2024. Continue reading
motleyfoolusx:rivn
Rivian (NASDAQ: RIVN) and Nikola (NASDAQ: NKLA) were once two of the market's hottest electric vehicle stocks. Rivian went public in Nov. 2021, and it soared from its IPO price of $78 to a record high of $172.01 a week later. Nikola went public by merging with a special purpose acquisition company (SPAC) ...
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Investors in electric vehicle (EV) start-ups are accustomed to tracking production and deliveries to follow their growth and to better understand industry demand. Rivian (NASDAQ: RIVN) disappointed its shareholders when it announced that its production and deliveries would be flat year over year in 2024, ...
motleyfoolusx:rivn
Investors who hopped on the electric vehicle (EV) bandwagon early are looking for reasons to stick around, as demand and sales growth have slowed and costs remain high. In fact, shares of Rivian (NASDAQ: RIVN) have slid 56% lower year to date, and Fisker has all but shuttered its doors amid a dire cash ...
motleyfoolusx:rivn
The electric vehicle (EV) industry is in an intriguing spot for potential investors. Broadly speaking, optimism has turned to pessimism on Wall Street as many start-up EV makers are facing cash crunches and slowing demand. That said, EVs still appear almost certain to go mainstream, and the tantalizing ...
motleyfoolusx:rivn
Fool.com contributor Parkev Tatevosian evaluates Rivian (NASDAQ: RIVN) stock and gives his analysis on a reasonable entry price. *Stock prices used were the afternoon prices of April 10, 2024. The video was published on April 12, 2024. Continue reading
motleyfoolusx:rivn
With its monumental initial public offering (IPO) in November 2021, Rivian (NASDAQ: RIVN) arrived on the electric vehicle (EV) scene with a bang. As the largest IPO for an American company since Meta in 2014, Rivian raised a whopping $12 billion. But since its public debut, things have been a little ...
motleyfoolusx:tslausx:rivn
Rivian (NASDAQ:RIVN) stock has fallen from highs around $179 to just $10.27 at the time of writing. The underperformance has been significant and reflects the company’s non-delivery on promised growth. However, as investors mull why Tesla is trading at 58 times forward earnings — it’s incredibly expensive ...
motleyfoolukusx:rivn
Rivian Automotive (NASDAQ: RIVN) stock slid 6.7% through noon ET on Thursday -- but not because of any mistake that Rivian made. This time, the blame belongs to Ford Motor Company (NYSE: F), which just declared a price war in electric trucks, and turned Rivian stock into roadkill in the process. Any ...
motleyfoolusx:gmusx:fusx:rivn
Rivian Automotive (NASDAQ: RIVN) stock -- like most stocks -- got rocked on Wednesday after higher-than-expected inflation data dashed investor hopes for a series of Federal Reserve rate cuts in 2024. But not to worry, says Bank of America. Inflation or no inflation, and rate cuts or no interest rate ...
motleyfoolusx:rivn
Share prices of electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) have been on the decline since it reported first-quarter production and delivery numbers earlier this week. But analysts at Cantor Fitzgerald think this presents investors with a new opportunity. The firm maintained the equivalent ...
motleyfoolusx:rivn
It feels as though the U.S. market has been on the cusp of electric vehicles (EVs) going mainstream for a few years. Arguably, the biggest obstacle for mass adoption of EVs has been the high price tags. However, Ford Motor Company (NYSE: F) recently slashed prices of its Mustang Mach-E and the results ...
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Fool.com contributor Parkev Tatevosian compares Tesla (NASDAQ: TSLA), Rivian (NASDAQ: RIVN), and Ford (NYSE: F) to determine the better stock for long-term investors today. *Stock prices used were the afternoon prices of April 2, 2024. The video was published on April 4, 2024. Continue reading
motleyfoolusx:tslausx:fusx:rivn
Rivian (NASDAQ: RIVN) doubled production in 2023, which is a pretty impressive feat. But 2024 won't see a repeat of that success, because the electric vehicle (EV) maker has put production growth on the back burner. Instead, management is focusing on making money. That's an important change, and the ...
motleyfoolusx:rivn
Electric vehicle (EV) stocks fell today after Tesla (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) both reported disappointing first-quarter delivery numbers. It was the latest sign that demand for EVs continues to fade and that the sector's stocks look broadly overvalued. Tesla is seen as a bellwether in ...
motleyfoolusx:tslausx:lcidusx:rivn
The electric vehicle (EV) industry faces numerous challenges. Those challenges include bringing down the costs of batteries, improving charging infrastructure quality and availability, convincing consumers to make big purchase decisions amid high interest rates, and fierce competition. It's the outlook ...
motleyfoolusx:lcidusx:rivn
The electric vehicle (EV) market has become crowded. As the industry has developed and attracted new competitors, two manufacturers have risen to become the most popular among investors: Tesla (NASDAQ: TSLA) and Rivian Automotive (NASDAQ: RIVN). There are some similarities between them -- particularly, ...
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