Rivian Automotive logged a -1.4% change during today's evening session, and is now trading at a price of $19.37 per share. On average, analysts give it a target price of $28.91.
Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The large-cap company is based in the United States.
Make Sure to Consider the Following Before Buying Rivian Automotive:
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Rivian Automotive has moved -40.0% over the last year.
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RIVN has a forward P/E ratio of -5.9 based on its EPS guidance of -3.31.
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Over the last 2 years, earnings per share (EPS) have been growing at a compounded average rate of -2490.4%.
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The company has a price to earnings growth (PEG) ratio of -0.06.
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Its Price to Book (P/B) ratio is 1.56
Rivian Automotive Has an Unconvincing Cash Flow History
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-28 | -5,052 | -1,369 | -3,683 | -344.81 |
| 2022-02-11 | -2,622 | -1,794 | -828 |
Rivian Automotive's recent cash flow history is disappointing. They've averaged $-2.26 Million over the last 2 years while displaying a coefficient of variability of 1170957.8%. During this time, they grew at a -0.0% compounded yearly rate
