Rivian Automotive Inc (NASDAQ:RIVN) has a beta value of 1.86 and has seen 9.58 million shares traded in the recent trading session. The company, currently valued at $15.88B, closed the recent trade at $13.85 per share which meant it lost -$0.68 on the day or -4.68% during that session. The RIVN stock price is -36.1% off its 52-week high price of $18.85 and 31.41% above the 52-week low of $9.50. If we look at the company’s 10-day average daily trading volume, we find that it stood at 36.2 million shares traded. The 3-month trading volume is 33.08 million shares.
The consensus among analysts is that Rivian Automotive Inc (RIVN) is Buy stock at the moment, with a recommendation rating of 2.65. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 23 have rated it as a Hold, with 16 advising it as a Buy. 0 have rated the stock as Underweight.
Rivian Automotive Inc (NASDAQ:RIVN) trade information
Over the past 30 days, the shares of Rivian Automotive Inc (NASDAQ:RIVN) have changed 0.65%. Short interest in the company has seen 161.39 million shares shorted with days to cover at 4.78.
Wall Street analysts have a consensus price target for the stock at $12, which means that the shares’ value could drop -15.42% from the levels at last check today.. The projected low price target is $12.0 while the price target rests at a high of $15.0. In that case, then, we find that the latest price level in today’s session is -8.3% off the targeted high while a plunge would see the stock lose 13.36% from the levels at last check today..
Rivian Automotive Inc (RIVN) estimates and forecasts
The company’s shares have gained 19.91% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -58.18% over the past 5 years. Earnings growth for 2025 is a modest 36.32% while over the next 5 years, the company’s earnings are expected to increase by 23.72%.
RIVN Dividends
Rivian Automotive Inc is expected to release its next earnings report on 2025-May-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Rivian Automotive Inc (NASDAQ:RIVN)’s Major holders
Insiders own 32.03% of the company shares, while shares held by institutions stand at 43.85% with a share float percentage of 64.51%. Investors are also buoyed by the number of investors in a company, with Rivian Automotive Inc having a total of 1007.0 institutions that hold shares in the company. The top two institutional holders are AMAZON COM INC with over 158.36 million shares worth more than $2.13 billion. As of 2024-06-30, AMAZON COM INC held 15.8206% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 75.11 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.01 billion and represent 7.5032% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . As of Mar 31, 2025 , the former fund manager holds about 2.34% shares in the company for having 26.68 shares of worth $372.79 million while later fund manager owns 21.01 shares of worth $293.67 million as of Mar 31, 2025 , which makes it owner of about 1.85% of company’s outstanding stock.
