Rivian Stock Price Prediction 2024, 2025, 2030

2024/06/28By:

Since its November 2021 IPO (NASDAQ: RIVN), Rivian stock price has been in a downward spiral. While many analysts are calling it a classic bubble burst, some still believe in the long-term vision of the company. In this article, we’ll discuss the Rivian stock price prediction for 2024, 2025 and 2030, and determine if Rivian stock is a good buy at the current price.

 

Rivian stock has immensely underperformed in the ongoing stock rally. The stock started 2024 with a continued downtrend as it fell 38% below its yearly opening. Since then, the shares of the EV maker have rebounded strongly and is now trading slightly below their yearly peak.

 


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About Rivian Automotive Inc?

 

Rivian is an American electric vehicle and adventure travel firm that designs and produces electric cars. It was Founded in 2009 and is located in Plymouth, Michigan. In the long run, Rivian intends to provide mobile adventure gear and expand to a global market.

 

In September 2021, Rivian started delivering its R1T pickup truck. This was a massive moment for the company and an edge over its competitors like Ford and Tesla. It was the first ever completely electric pickup truck. Shortly after this feat, Rivian had a successful IPO in November 2021 at a $66.5 billion valuation. Rivian IPO price was $78, and the stock was listed as a RIVN symbol on Nasdaq.

 

Rivian has attracted substantial investment from Amazon and Ford, among others, and aims to become a leader in sustainable transportation.

 

 

 

 

 



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Rivian Stock Review

 

Valuation Measures Value/Price
Market Cap 29.25 B
Enterprise Value 3.93 B
52 Week High 179.47 USD
52 Week Low 19.25 USD
S&P500 52-Week Change -4.31%
Price/Sales (TTM) 84.53
Price/Book (MRQ) 1.05
Enterprise Value/Revenue 71.37
Enterprise Value/EBITDA -0.88
50/200 Day Moving Average $29.92 / $57.98

 

 

 

Rivian Stock Price Analysis

 

A Market for the Future The long-term prospects for Rivian stock are bright, thanks to the developing and growing electric vehicle and renewable energy markets.

 

Despite the expected increase in competition for its goods as the EV industry develops, Rivian is well-positioned to focus on sustainability and ride the wave of growing demand, maintaining a steady foothold in the burgeoning EV market.

 

Our research indicates that Rivian’s (RIVN) share price would rise steadily and progressively from its current level of $70 in 2024 to a projected $150 in 2025 and $210 in 2026 and beyond, eventually reaching $750 in 2030.

 

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Rivian Stock Forecast

 

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Rivian Stock Price Prediction 2024

 

The average analyst forecast for Rivian stock is $115.16 in 2024, with potential upside of $154.28. If the value does change, it will likely stay within this range.

 

But according to one set of projections, Rivian stock will be worth $85 in 2025. Shares of Rivian will be worth $37.28 per share by 2025, according to Nasdaq.

 

 

 

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Rivian Stock Price Prediction 2025

 

Experts predict that Rivian’s share price will range from $185.34 to $236.45 in 2025. This wide range is informed by the interest of investors and the future demand for electric cars. Keep in mind that the market decides the actual price of a stock, even though some experts have predicted a lower price due to the stock’s lack of aggressiveness.

 

 

 

 

Rivian Stock Price Prediction 2030

 

In 2030, analysts expect Rivian stock to be worth $845. The increasing demand for electric automobiles and other technological developments are expected to lead to a gradual but steady increase in the value of Rivian stock. Share prices, like those of any stock transaction, are subject to rapid and unpredictable changes in response to changes in the market.

 

Rivian share prices are expected to increase by 50% each year, according to investment analysts. Prominent figures in the field have expressed optimism, and this trend is likely to continue next year.

 

 

 

 

 

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Conclusion

 

Looking ahead to 2030, Rivian’s path seems to be heading in the right direction. Rivian is well-positioned to become a major participant in the electric vehicle market thanks to its forward-thinking management, state-of-the-art technology, and a global demand for environmentally friendly transportation options. Our prediction represents Rivian’s potential for growth and good trajectory, while stock prices are susceptible to many events and uncertainties. Before making any investment selections, it is important for investors to do their research and talk to financial advisors.

 

 

 

 

FAQs

 

Is Rivian stock a good investment?

Rivian stock has already plunged 90% from its November 2021 peak of $179.47. It is highly unlikely that the price can have a similar downward rally in the near future. Therefore, I consider Rivian a good investment for at least a short term in anticipation of a relief rally.

 

Will Rivian stock go up or down?

Based on the predictions provided by CNN, Rivian stock may show an upward movement. However, you should conduct in-depth research before making any decision.

 

What will Rivian stock be worth in 5 years?

Our Rivian stock price prediction 2025 forecasts that Rivian stock price may be $111.07(low) and $120.79(high) by 2025. Also, the average price may be around $115.93.

 

Should I buy Rivian stock?

Rivian is a high-risk stock with a speculative outlook. Competition in the EV market will continue to increase, and Rivian needs to prove it can outrun its rivals and manage the growth of its business cost-effectively.

 

If you believe in Rivian’s vision and consider its technology better than Tesla, then Rivian stock at its current price could be a nice buy. However, the stop loss must be kept under January 2024 low of $15.28. The company will announce its Q4 2022 earnings on 28th Feb. A positive earnings report can send the stock price above $25, however, a significant drop in revenue could make things really ugly.

 

When can I buy Rivian stock?

You can buy Rivian stock at the current price as it has very little downside but massive upside potential. This provides a great risk-reward ratio, which investors often consider before investing in any stock. Tesla’s current market cap is $597 billion, so Rivian, at $18 billion, seems to be a good buy.

 

How much is Rivian stock worth?

Rivian stock is worth $19.24 right now. Due to the recent correction in US equities and higher interest rates, Rivian stock has lost 90% of its value in price since its all-time high of $179.47. The current market cap of Rivian Automotive, Inc. is 18 billion. At its peak, the company was valued more than $100 billion. The 2022 Rivian R1S adventure model price starts from $78,000 and the base Explore model costs $72,000.

 

What is the trading time for Rivian stock?

As mentioned earlier, Rivian stock trades on the NASDAQ stock exchange, which is the second largest exchange in the world. NASDAQ trading hours are 9:30 am to 4:00 pm Eastern Standard Time and no trades on weekends. Rivian is listed on the exchange under the ticker symbol RIVN.

 

What factors may impact Rivian stock price?

Factors that could impact Rivian stock price include overall economic conditions, changes in consumer preferences and demand for vehicles, competition within the automotive industry, and government regulations related to emissions and safety standards.

 

 

 


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