Rivian Automotive, Inc. which can be found using ticker (RIVN) have now 20 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 40 and 11 calculating the average target price we see $23.80. Given that the stocks previous close was at $14.23 this now indicates there is a potential upside of 67.3%. Also worth taking note is the 50 day moving average now sits at $13.53 and the 200 moving average now moves to $23.82. The total market capitalization for the company now stands at 13.34B. The current share price for the company is: 14.2 USD
The potential market cap would be $22,309,040,246 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of -, revenue per share of 2.42 and a -21.24% return on assets.
Rivian Automotive, Inc. designs, develops, and manufactures electric vehicles and accessories. It sells its vehicles directly to customers in the consumer and commercial markets. Its consumer vehicles include R1T and R1S. The R1T and R1S are equipped with a proprietary set of advanced technology systems, including vehicle electronics, battery, electric drive, chassis, Driver+, its advanced driver assistance system (ADAS), and digital user experience management. It provides charging solutions that include Rivian Adventure Network Direct Current fast charging sites (Rivian Adventure Network) and Rivian Waypoints chargers. It offers FleetOS, its proprietary, end-to-end centralized fleet management subscription platform. It encompasses vehicle distribution, service, telematics, software services, charging, connectivity management, Driver+, and lifecycle management. FleetOS also supports leasing, financing, insurance, smart charging and routing, remote diagnostics, and vehicle resale.
