Decoding RIVN – Essential Facts for Investors

Shares of Auto Manufacturers company Rivian Automotive jumped 2.3% today. With many investors piling into RIVN without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:

  • Rivian Automotive has moved 11.2% over the last year, and the S&P 500 logged a change of 24.0%

  • RIVN has an average analyst rating of buy and is -7.83% away from its mean target price of $26.42 per share

  • Its trailing earnings per share (EPS) is $-6.02

  • Rivian Automotive has a trailing 12 month Price to Earnings (P/E) ratio of -4.0 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $-3.48 and its forward P/E ratio is -7.0

  • The company has a Price to Book (P/B) ratio of 2.21 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 22.96 and an average P/B of 4.24

  • The company has a free cash flow of $-4486125056, 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.

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