Uncover Key Insights About Rivian Automotive

By Tamara Parker • Tuesday, May 27 15:14 • Permanent Link

Large-cap Consumer Discretionary company Rivian Automotive has moved -3.6% so far today on a volume of 28,513,073, compared to its average of 33,158,000. In contrast, the S&P 500 index moved 2.0%.

Rivian Automotive trades 2.3% away from its average analyst target price of $14.73 per share. The 27 analysts following the stock have set target prices ranging from $7.05 to $23.0, and on average have given Rivian Automotive a rating of hold.

Anyone interested in buying RIVN should be aware of the facts below:

Rivian Automotive has moved 50.0% over the last year, and the S&P 500 logged a change of 9.4%
Based on its trailing earnings per share of -3.69, Rivian Automotive has a trailing 12 month Price to Earnings (P/E) ratio of -4.1 while the S&P 500 average is 29.3
RIVN has a forward P/E ratio of -5.5 based on its forward 12 month price to earnings (EPS) of $-2.74 per share
Its Price to Book (P/B) ratio is 2.77 compared to its sector average of 2.93
Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories.
Based in Irvine, the company has 14,861 full time employees and a market cap of $17.27 Billion.

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.