Consider Rivian Automotive's Fundamentals Before Making a Purchase

By Ken Smith • Monday, October 02 12:09 • Permanent Link

Join us for a quick overview of Rivian Automotive, a Auto Manufacturers company whose shares moved 0.2% today. Here are some facts about the stock that should help you see the bigger picture:

Rivian Automotive has moved -24.0% over the last year, and the S&P 500 logged a change of 17.0%
RIVN has an average analyst rating of buy and is -16.33% away from its mean target price of $29.09 per share
Its trailing earnings per share (EPS) is $-6.47
Rivian Automotive has a trailing 12 month Price to Earnings (P/E) ratio of -3.8 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $-3.33 and its forward P/E ratio is -7.3
The company has a Price to Book (P/B) ratio of 1.97 in contrast to the S&P 500's average ratio of 2.95
Rivian Automotive is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.33 and an average P/B of 3.12
The company has a free cash flow of $-4953500160, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks and seven-passenger sports utility vehicles. It provides Rivian Commercial Vehicle platform for Electric Delivery Van with collaboration with Amazon.com, Inc. The company sells its products directly to customers in the consumer and commercial markets. Rivian Automotive, Inc. was founded in 2009 and is based in Irvine, California.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.