Rivian Automotive Stock Today
RIVN Stock | USD 12.22 0.67 5.80% |
Performance0 of 100
| Odds Of DistressOver 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 Idea | Cars (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Automobile Manufacturers, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, Cars, Consumer Discretionary, Automobiles, Auto Manufacturers, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsRivian 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.
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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 AllocationRivian 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
Instituion | Recorded On | Shares | |
Renaissance Technologies Corp | 2024-09-30 | 6.3 M | |
Legal & General Group Plc | 2024-06-30 | 4.9 M | |
Millennium Management Llc | 2024-06-30 | 4.9 M | |
Charles Schwab Investment Management Inc | 2024-09-30 | 4.6 M | |
Northern Trust Corp | 2024-09-30 | 4.3 M | |
Gilder Gagnon Howe & Co Llc | 2024-09-30 | 3.6 M | |
Bank Of America Corp | 2024-06-30 | 3.5 M | |
Abrdn Plc | 2024-09-30 | 3.4 M | |
Goldman Sachs Group Inc | 2024-06-30 | 3.3 M | |
Amazon.com Inc | 2024-09-30 | 158.4 M | |
Vanguard Group Inc | 2024-09-30 | 78.4 M |
Rivian Automotive Historical Income Statement
Rivian Stock Against Markets
Rivian Automotive Corporate Management
Jeffrey Baker | Chief Officer | Profile | |
Sarah OBrien | Chief Officer | Profile | |
Robert Scaringe | CEO Founder | Profile | |
CFA CFA | VP Relations | Profile | |
Anisa Costa | Chief Officer | Profile | |
Kjell Gruner | Executive Officer | Profile | |
Michael Callahan | Chief Secretary | Profile |
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. To learn how to invest in Rivian Stock, please use our How to Invest in Rivian Automotive guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.