Rivian Automotive, Inc. (RIVN) Stock Forecast & Price Prediction 2024, 2025, 2030, 2040, and 2050
Get detailed Rivian Automotive, Inc. (RIVN) stock forecast for 2024, monthly, along with long-term RIVN price prediction from 2025 to 2050. Look at historical stock performance, analyst recommendations (Buy, Sell, or Hold), and the latest Rivian Automotive, Inc. headlines.
1 Month Prediction
$10.48 [0.00%]
3 Month Prediction
$1.00 [-90.46%]
6 Month Prediction
$1.00 [-90.46%]
1 Year Prediction
$1.00 [-90.46%]
3 Year Prediction
$1.00 [-90.46%]
5 Year Prediction
$1.00 [-90.46%]
About Rivian Automotive, Inc.
Rivian is an American electric vehicle manufacturer that produces electric pickup trucks, SUVs, and commercial vehicles. The company was founded in 2009 and is headquartered in Irvine, California. Their First products were R1T all-electric pickup truck and the R1S all-electric SUV, both of which started deliveries in 2022. In addition to consumer vehicles, Rivian has a commercial division where they develop electric delivery vans.
Rivian is a relatively new but well-funded American electric vehicle startup. One of their investor is Amazon. Other investors are Ford, T. Rowe Price and many more.
Rivian operates a manufacturing plant in Normal, Illinois and has announced plans for a second U.S. factory and potential international expansion. The company went public through an IPO in November 2021, raising nearly $12 billion, one of the biggest public offerings for a U.S. company that year.
Rivian Automotive, Inc. (RIVN) Historical Performance
IPO Date
Rivian Automotive, Inc. (NASDAQ:RIVN) went public on 10 November, 2021.
Change
Since inception, RIVN has fallen from $103.69 to $10.48, a massive -89.9% decrease since 2021.
Historical Highs and Lows
In the past 3 years, the stock reached a high of $103.69 and a low of $8.90.
52 Week Range
$8.26
$24.615
The current price $10.48 is not near the 52-week extremes, which means that the stock is neither overbought nor underbought.
RIVN Stock Price History
Based on RIVN stock's historical price data, this table shows how the stock has performed in the last 3 years. Since 2021, the RIVN stock has fallen from $18.43 - $67.56 to $8.9 - $16.41, which is down -88.32%. Currently, the stock follows downward trend.
Here, we have calculated stock range of RIVN, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
| Year | Stock Price | Avg Price | Change% | Year Change |
|---|---|---|---|---|
| 2022 | $18.43 - $67.56 | $38.02 | -63.33 | 1 Year Change |
| 2023 | $12.82 - $27.64 | $19.12 | -81.56 | 2 Year Change |
| 2024 | $8.9 - $16.41 | $12.11 | -88.32 | 3 Year Change |
RIVN Price Performance
6-Month Performance
RIVN stock dropped by 21.93% in the last six months.
1-Year Performance
The stock has trended downwards by 55.34% in the past year.
According to Rivian Automotive, Inc.'s historical data, below graph gives us the exact picture of how the RIVN stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 1 year and a decline in 1 year.
2022
82.23% ↓
2023
27.29% ↑
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
Rivian Automotive, Inc. (RIVN) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $1.16 B (Q2)
Revenue for Q2 ending 30th June, 2024 decreased 3.82% compared to Q1 ending 31st March, 2024.
Annual Revenue: $5.01 B (1Y)
Revenue for trailing 12 months increased 13.08% year over year from 31st December, 2023.
Market Capitalization
Rivian Automotive, Inc. has a market capitalization of $10.56B, which places RIVN in the large-cap category.
Fundamental Analysis
EPS: $-1.46 (Q2), $-5.74 (1Y)
EPS decreased 1.35% since last quarter, and decreased 22.43% since last year.
Net Income: $-1.46 B (Q2), $-5.43 B (1Y)
Net Income increased 0.76% since last quarter, and decreased 19.55% since last year.
Free Cash Flow: $-1.04 B (Q2), $-5.89 B (1Y)
Free Cash Flow decreased 31.91% since last quarter, and decreased 8.24% since last year.
Net Profit Margin: -125.82% (Q2), -108.34% (1Y)
Net Profit Margin decreased 4.76% since last quarter, and decreased 28.86% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for RIVN stock. These indicators help you understand Rivian Automotive, Inc.'s financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for RIVN stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
| Technical Indicators | Value |
|---|---|
| SMA20 | $10.32 |
| SMA50 | $11.60 |
| SMA200 | $12.35 |
| RSI | 54.18 |
| Beta | 2.04 |
SMA20 < Current Price
This signals RIVN stock is in short-term bullish momentum.
SMA50 > Current Price
This signals RIVN stock is in mid-term bearish momentum.
SMA200 > Current Price
This signals RIVN stock is in long-term bearish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for RIVN stock is Neutral. Out of all indicators, 2 indicates bullish signals, 3 signals bearish trends and 4 gives neutral trends. The RIVN stock forecast was last updated on 04 December, 2024.
Rivian Automotive, Inc. (RIVN) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to rise to $10.48 by the end of 2024, and can reach around $1.36 to $0.70 in 2025. And, the long-term forecast suggests that the stock may further drop to $1.11 - $0.66 in 2027, and $0.53 - $1.16 by 2030. So, the RIVN stock shows a strong upward trend in the next several years.
Short-term RIVN Stock Price Prediction & Forecast
| Date | Forecasted Price | Change% |
|---|---|---|
| 2024-12 | $10.48 | 0.03% |
In 2024, the RIVN stock price is expected to fluctuate between $10.48 and $10.48. According to the monthly forecast, the stock could rise to $10.48 by December 2024. If compared to the RIVN's current price, the stock could gain 0.03% by the end of this year.
Long-term RIVN Stock Price Prediction & Forecast
| Year | Year Start | Year Mid | Year End | Change% |
|---|---|---|---|---|
| 2025 | $1.36 | $1.01 | $0.70 | -93.32% |
| 2026 | $1.06 | $0.95 | $0.74 | -92.94% |
| 2027 | $1.11 | $0.77 | $0.66 | -93.7% |
| 2028 | $1.16 | $0.96 | $1.11 | -89.41% |
| 2029 | $1.14 | $1.20 | $1.11 | -89.41% |
| 2030 | $0.53 | $1.10 | $1.16 | -88.93% |
| 2031 | $1.21 | $0.99 | $1.36 | -87.02% |
| 2032 | $0.94 | $0.67 | $0.71 | -93.22% |
| 2033 | $0.60 | $0.64 | $1.14 | -89.12% |
| 2034 | $0.74 | $0.84 | $1.03 | -90.17% |
| 2035 | $0.79 | $0.75 | $1.17 | -88.83% |
| 2036 | $0.74 | $1.07 | $0.96 | -90.84% |
| 2037 | $0.92 | $0.77 | $0.89 | -91.51% |
| 2038 | $0.74 | $1.20 | $0.72 | -93.13% |
| 2039 | $1.41 | $0.96 | $1.10 | -89.5% |
| 2040 | $1.19 | $1.36 | $0.94 | -91.03% |
| 2041 | $1.02 | $1.58 | $0.82 | -92.17% |
| 2042 | $0.85 | $0.64 | $0.82 | -92.17% |
| 2043 | $1.04 | $1.18 | $1.13 | -89.21% |
| 2044 | $1.01 | $0.66 | $1.13 | -89.21% |
| 2045 | $1.22 | $1.16 | $0.93 | -91.12% |
| 2046 | $1.19 | $1.25 | $1.01 | -90.36% |
| 2047 | $0.95 | $1.09 | $1.45 | -86.16% |
| 2048 | $0.84 | $1.26 | $0.67 | -93.6% |
| 2049 | $0.90 | $1.23 | $0.85 | -91.89% |
| 2050 | $1.06 | $0.61 | $0.62 | -94.08% |
Rivian Automotive, Inc. (RIVN) Stock Price Prediction & Forecast 2024 - 2025
At the start of 2024, the RIVN stock was at $15.31. Today, it is trading at $10.48, which is -31.57% decrease from price at the beginning of the year. By the end of this year, you can expect the stock to reach to $10.48 by December 2024 with a 0.03% change.
In early 2025, the RIVN price is expected to descend from $10.48 to $1.36, a change of -87.03% from the current price. By mid-2025, the stock may move down by -25.74% on $1.01 and end the year at $0.70, which is -93.28% compared to today's price.
Rivian Automotive, Inc. (RIVN) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant appreciation in the RIVN stock. During this period, the RIVN's price is forecasted to shift from $1.06 to $1.16, which is 9.43% gain.
In 2026, the stock would possibly open at $1.06, descends to $0.95 by mid-year, and wraps up at $0.74, reflecting a decrease from today's price. Further moving to 2030, the stock can kick off the year at $0.53, drop to $1.10 by mid-year, and finish at $1.16, which is -88.88% change from current price.
Rivian Automotive, Inc. (RIVN) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $1.21 to $0.94, which is down -86.99%
In 2031, we can expect RIVN to fluctuate between $1.21 and $1.36, a shift indicating a -86.99% loss by year-end compared to current price. And Until 2040, RIVN can likely vary from $0.94 to $1.19. By the end of 2040, the stock could record a -91.05% fall from today's stock price.
Rivian Automotive, Inc. (RIVN) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the RIVN stock can see an a downturn from $1.02 to $0.62 in this period. In 2041, the stock can experience a high of $1.58 by mid-year, closing the year at $0.82. This results in a -84.90% decrease from today.
Moving towards the end of 2050, RIVN is projected to open the year at $1.06. The stock may dip to $0.61 during mid-year and finish the year at $0.62. Compared to the stock's current price, this translates to an overall loss of -94.06% by 2050.
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RIVN : Buy, Sell Or Hold?
Analyst Ratings
Sorry, No analyst ratings available for this stock.
Expert Analysis
According to RIVN short-term and long-term forecast, Rivian Automotive, Inc. shares are projected to go down by 94.08%, and reach a value of $0.62 per share by 2050.
As per technical analysis, indicators show a Neutral sentiment, while Fear & Greed Index stands at 42.857142857142854, which signals Fear. Also, RIVN has recorded 11/30 green days, which reflects a 50.0% positivity rate with a price volatility of 0.03%.
Plus, Price-to-Earnings (P/E) ratio of 0 suggests that RIVN stock is undervalued. So, Based on RIVN prediction and analysis, it may be the best time to hold RIVN stock right now.
Rivian Automotive, Inc. (RIVN) FAQs
Is Rivian (RIVN) listed on the stock exchange?
Yes, Rivian Automotive Inc. is listed on the Nasdaq Stock Market under the ticker symbol “RIVN”.
When does Rivian Stock go Public?
Rivian went public on November 10, 2021, through an initial public offering (IPO) on the NASDAQ stock exchange under the ticker symbol “RIVN”.
Is Rivian Stock Overpriced?
Given its current market price of 13.96 USD, Rivian Automotive Inc seems to be priced lower than its potential. In fact, it’s undervalued by about 13%, suggesting it might not be overpriced.
Are Rivian stocks good for long-term investment?
If you’re considering a long-term investment in the electric vehicle (EV) sector, Rivian could be a strong contender. Since its public launch on November 9, 2021, and with its vehicles already hitting the roads, there’s potential for growth, especially since its stock price hasn’t changed much from its initial offering.
Why is Rivian Stock price so low?
Rivian’s stock price is currently low due to a combination of factors. The company faced supply chain issues, a challenging macroeconomic climate, and struggles with cost management, which led to a significant reduction in its production forecast. Although Rivian only fell short of its revised 2022 production goal by 3%, producing 24,337 vehicles, the company’s high rate of cash burn is a cause for concern.
Does Rivian’s stock have a chance of recovering?
For those interested in Rivian, it might be worth considering adding their stock to your portfolio. The company has a solid business model and a growing customer base, which suggests that the stock’s value has a good chance of bouncing back in the future.
What will Rivian stock be worth in 5 years?
Rivian has managed to create a good demand in the market despite a slow start. If they can solve their production issues, they’re likely to provide good returns to investors. As such, the prediction for Rivian’s stock price in 2027 suggests it could be trading between 34.43 USD and 60.03 USD, indicating it might be a good buy for long-term investors.
What will the value of Rivian stock be in the next ten years?
Looking ahead to the next decade, the prediction for Rivian’s stock price in 2030 suggests it could be trading between 45.07 USD and 77.78 USD.
Is RIVN a Buy, Sell or Hold?
Based on the assessments of 18 Wall Street analysts, the consensus is that Rivian Automotive’s stock is a moderate buy. This suggests that analysts believe the stock has potential for growth.
Disclaimer: Stock predictions, forecasts and price targets provided for "RIVN” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.