Rivian Automotive Inc [RIVN] stock prices are up 1.42% to $11.42 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The RIVN shares have gain 0.18% over the last week, with a monthly amount drifted -7.83%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Rivian Automotive Inc [NASDAQ: RIVN] stock has seen the most recent analyst activity on February 24, 2025, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $10 from $13. Previously, Cantor Fitzgerald downgraded its rating to Neutral on February 21, 2025, and elevated its price target to $15. On January 29, 2025, Bernstein initiated with a Underperform rating and assigned a price target of $6.10 on the stock. Robert W. Baird downgraded its rating to a Neutral and decreased its price target to $16 on December 18, 2024. The Benchmark Company initiated its recommendation with a Buy and recommended $18 as its price target on December 09, 2024. BofA Securities downgraded its rating to Neutral for this stock on November 08, 2024, and downed its price target to $13. In a note dated September 25, 2024, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $16 to $13.
The stock price of Rivian Automotive Inc [RIVN] has been fluctuating between $8.26 and $18.85 over the past year. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Rivian Automotive Inc [NASDAQ: RIVN] shares were valued at $11.42 at the most recent close of the market. An investor can expect a potential return of 22.59% based on the average RIVN price forecast.
Analyzing the RIVN fundamentals
The Rivian Automotive Inc [NASDAQ:RIVN] reported sales of 4.97B for trailing twelve months, representing a surge of 31.86%. Gross Profit Margin for this corporation currently stands at -0.26% with Operating Profit Margin at -0.94%, Pretax Profit Margin comes in at -0.95%, and Net Profit Margin reading is -0.95%. To continue investigating profitability, this company’s Return on Assets is posted at -0.31, Equity is -0.69 and Total Capital is -0.36. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.73.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.16 points at the first support level, and at 10.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.59, and for the 2nd resistance point, it is at 11.75.
Ratios To Look Out For
It’s worth pointing out that Rivian Automotive Inc [NASDAQ:RIVN]’s Current Ratio is 4.70. On the other hand, the Quick Ratio is 3.70, and the Cash Ratio is 2.35. Considering the valuation of this stock, the price to sales ratio is 2.60, the price to book ratio is 1.97.
Transactions by insiders
Recent insider trading involved McDonough Claire, Chief Financial Officer, that happened on Feb 19 ’25 when 6856.0 shares were sold. Officer, CLAIRE MCDONOUGH completed a deal on Feb 19 ’25 to buy 6856.0 shares. Meanwhile, Chief Executive Officer Scaringe Robert J sold 35713.0 shares on Jan 21 ’25.
