Rivian Automotive Inc (NASDAQ:RIVN)’s traded shares stood at 7.9 million during the latest session, with the company’s beta value hitting 1.92. At the last check today, the stock’s price was $8.77, to imply an increase of 0.34% or $0.03 in intraday trading. The RIVN share’s 52-week high remains $28.06, putting it -219.95% down since that peak but still an impressive 5.82% since price per share fell to its 52-week low of $8.26. The company has a valuation of $8.57B, with an average of 46.12 million shares over the past 3 months.

Rivian Automotive Inc (NASDAQ:RIVN) trade information

After registering a 0.34% upside in the latest session, Rivian Automotive Inc (RIVN) has traded red over the past five days. The stock hit a weekly high of 9.51, jumping 0.34% in its intraday price action. The 5-day price performance for the stock is -8.36%, and -22.11% over 30 days. With these gigs, the year-to-date price performance is -62.62%.

Rivian Automotive Inc (RIVN) estimates and forecasts

Looking at statistics comparing Rivian Automotive Inc share performance against respective industry, we note that the company has outperformed competitors. Rivian Automotive Inc (RIVN) shares are -55.93% down over the last 6 months, with its year-to-date growth rate higher than industry average at 19.26% against 11.00%. Revenue is forecast to grow 8.00% this quarter before falling -1.90% for the next one. The rating firms project that company’s revenue will grow 9.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 17 analysts is $1.16 billion. Meanwhile, for the quarter ending Jun 2024, a total of 17 analyst(s) estimate revenue growth to $964.08 million.Earnings reports from the last fiscal year show that sales brought in $661 million and $1 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 75.50% before dropping -3.60% in the following quarter.

RIVN Dividends

Rivian Automotive Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Rivian Automotive Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.