Rivian Automotive Stock Today

RIVN Stock  USD 12.22  0.67  5.80%   

Performance

0 of 100

 
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Odds Of Distress

Over 54

 
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Rivian Automotive is selling at 12.22 as of the 28th of November 2024; that is 5.80 percent increase since the beginning of the trading day. The stock's open price was 11.55. Rivian Automotive has 54 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Note, on February 8, 2022, Representative James R Langevin of US Congress acquired under $15k worth of Rivian Automotive's common stock.
Business Domain
Automobiles & Components
IPO Date
10th of November 2021
Category
Consumer Cyclical
Classification
Consumer Discretionary
Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. Rivian Automotive, Inc. was founded in 2009 and is based in San Jose, California. Rivian Automotive operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. The company has 1.01 B outstanding shares of which 135.07 M shares are at this time shorted by private and institutional investors with about 3.96 trading days to cover. More on Rivian Automotive

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Rivian Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic IdeaCars (View all Themes)
Business ConcentrationAutomobile Manufacturers, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, Cars, Consumer Discretionary, Automobiles, Auto Manufacturers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.280.2643
Notably Up
Slightly volatile
Total Current Liabilities1.5 B2.5 B
Way Down
Slightly volatile
Non Current Liabilities Total3.6 B5.2 B
Way Down
Pretty Stable
Total Assets14.1 B16.8 B
Fairly Down
Slightly volatile
Total Current Assets10.8 B12.3 B
Fairly Down
Slightly volatile
Debt Levels
Rivian Automotive can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rivian Automotive's financial leverage. It provides some insight into what part of Rivian Automotive's total assets is financed by creditors.
Liquidity
Rivian Automotive currently holds 4.92 B in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Rivian Automotive has a current ratio of 6.7, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Rivian Automotive's use of debt, we should always consider it together with its cash and equity.

Begin Period Cash Flow

7.88 Billion
Rivian Automotive (RIVN) is traded on NASDAQ Exchange in USA. It is located in 14600 Myford Road, Irvine, CA, United States, 92606 and employs 16,790 people. Rivian Automotive is listed under Automobile Manufacturers category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 11.79 B. Rivian Automotive conducts business under Automobiles sector and is part of Consumer Discretionary industry. The entity has 1.01 B outstanding shares of which 135.07 M shares are at this time shorted by private and institutional investors with about 3.96 trading days to cover. Rivian Automotive currently holds about 13.27 B in cash with (4.87 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Rivian Automotive Probability Of Bankruptcy
Ownership Allocation
Rivian Automotive owns a total of 1.01 Billion outstanding shares. Rivian Automotive has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. On February 8, 2022, Representative James R Langevin of US Congress acquired under $15k worth of Rivian Automotive's common stock.
Check Rivian Ownership Details

Rivian Stock Institutional Holders

InstituionRecorded OnShares
Renaissance Technologies Corp2024-09-30
6.3 M
Legal & General Group Plc2024-06-30
4.9 M
Millennium Management Llc2024-06-30
4.9 M
Charles Schwab Investment Management Inc2024-09-30
4.6 M
Northern Trust Corp2024-09-30
4.3 M
Gilder Gagnon Howe & Co Llc2024-09-30
3.6 M
Bank Of America Corp2024-06-30
3.5 M
Abrdn Plc2024-09-30
3.4 M
Goldman Sachs Group Inc2024-06-30
3.3 M
Amazon.com Inc2024-09-30
158.4 M
Vanguard Group Inc2024-09-30
78.4 M
View Rivian Automotive Diagnostics

Rivian Automotive Historical Income Statement

At this time, Rivian Automotive's Cost Of Revenue is very stable compared to the past year. As of the 28th of November 2024, Reconciled Depreciation is likely to grow to about 909.3 M, while Selling General Administrative is likely to drop about 1.1 B. View More Fundamentals

Rivian Stock Against Markets

Rivian Automotive Corporate Management

Jeffrey BakerChief OfficerProfile
Sarah OBrienChief OfficerProfile
Robert ScaringeCEO FounderProfile
CFA CFAVP RelationsProfile
Anisa CostaChief OfficerProfile
Kjell GrunerExecutive OfficerProfile
Michael CallahanChief SecretaryProfile
When determining whether Rivian Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rivian Automotive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rivian Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rivian Automotive Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rivian Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
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Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rivian Automotive. If investors know Rivian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rivian Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.60)
Revenue Per Share
4.602
Quarterly Revenue Growth
(0.35)
Return On Assets
(0.23)
Return On Equity
(0.67)
The market value of Rivian Automotive is measured differently than its book value, which is the value of Rivian that is recorded on the company's balance sheet. Investors also form their own opinion of Rivian Automotive's value that differs from its market value or its book value, called intrinsic value, which is Rivian Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rivian Automotive's market value can be influenced by many factors that don't directly affect Rivian Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rivian Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rivian Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rivian Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.