In today’s recent session, 14.05 million shares of the Rivian Automotive Inc (NASDAQ:RIVN) have been traded, and its beta is 1.87. Most recently the company’s share price was $13.47, and it changed around -$0.03 or -0.26% from the last close, which brings the market valuation of the company to $15.44B. RIVN at last check was trading at a discount to its 52-week high of $18.85, offering almost -39.94% off that amount. The share price’s 52-week low was $9.25, which indicates that the recent value has risen by an impressive 31.33% since then.
Rivian Automotive Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.53. If we narrow it down even further, the data shows that 0 out of 29 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 16 recommended RIVN as a Hold, whereas 7 deemed it a Buy, and 3 rated it as Underweight.
Rivian Automotive Inc (NASDAQ:RIVN) trade information
Instantly RIVN has been showing red trend so far today with a performance of -0.26% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 14.16 on recent trading dayincreased the stock’s daily price by 4.87%. The company’s shares are currently up 1.24% year-to-date, but still down -1.43% over the last five days. On the other hand, Rivian Automotive Inc (NASDAQ:RIVN) is 20.12% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $12, which translates to bulls needing to decrease their stock price by -12.25% from its current value. Analyst projections state that RIVN is forecast to be at a low of $12 and a high of $16.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -58.18%. Rivian Automotive Inc earnings are expected to increase by 32.23% in 2025, but the outlook is positive 22.56% per year for the next five years.
RIVN Dividends
Rivian Automotive Inc’s next quarterly earnings report is expected to be released in June.
VANGUARD GROUP INC, with 7.5032% or 75.11 million shares worth $1.01 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 23.99 shares worth $326.44 million, making up 2.11% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 19.35 shares worth around $263.36 million, which represents about 1.70% of the total shares outstanding.
