Large-cap Consumer Discretionary company Rivian Automotive has logged a -1.2% change today on a trading volume of 39,808,726. The average volume for the stock is 47,768,109.
Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. Based in Irvine, United States the company has 14,122 full time employees and a market cap of $25,643,843,584.
The company is now trading 5.61% away from its average analyst target price of $25.85 per share. The 20 analysts following the stock have set target prices ranging from $14.0 to $40.0, and on average give Rivian Automotive a rating of buy.
Over the last 12 months RIVN shares have declined by -22.0%, which represents a difference of -35.0% when compared to the S&P 500. The stock's 52 week high is $40.86 per share and its 52 week low is $11.68. Based on Rivian Automotive's average net margin growth of 78.1% over the last 2 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-28 | 1,658 | -6,752 | -407.24 | 95.22 |
| 2022-02-11 | 55 | -4,688 | -8523.64 | n/a |
