Welcome to Rivian Automotives stock price prediction by Team MoneySque. In this article, we are going to talk about Rivian Automotives price prediction for upcoming years. we will analyze Rivian Automotives for the short term and long term as well. We will analyze it fundamentally and technically, there are more traders in our team than investors so that’s why we rely a lot on technical analysis.
What Is Rivian Automotive Inc?
Rivian Automotive Inc,is an American electric vehicle automaker and automotive technology incompany founded by R. J. Scaringe in 2009.The headquarters of Rivian is located in California, US.
Rivian have its manufacturing plants in Normal,Carson,Palo Alto,Plymouth,Wittmann,Vancouver,.Rivian is planing to build another 5 billion USD factory in Georgia.
The company came with it’s IPO in Nov 2021 to raise over $13.5 Billion USD.
Why Did Rivian Go Public?
Rivion came with IPO to raise fund and use it for company future growth,improve working structure,to improve manufacturing structure and to build up more manufacturing plants. Rivion’s 152 million shares were sold in IPO at the price of $78.00, valuing the company at $66 billion. The IPO raised somewhere around $12 billion.Rivion listed at $106.75 USD per share and at the end of the day closed at the price of $100 per share,valuing Rivion at $85 billion. Which is even more than Ford Motor Co.
Company Financials
| Company Financials | Numbers/Price | |
|---|---|---|
| Market Cap | 29.06 B | |
| Price/Sales | 84.5 | |
| Price/Book | 1.06 | |
| Revenue | 55 M | |
| EBITDA *FY-22 | -6.6 B | |
| 50/200 Day MA | $34.9/$42.15 |
The Future of Rivian
Rivian plans to enter the European and Asian markets in the near future. The company has already raised billions of dollars from investors to develop and produce electric vehicles. Rivian plans to begin production of its vehicles in late 2020 at its factory in Normal, Illinois. In the long-term, Rivian Automotive is a good investment. The Rivian Automotive stock price is expected to increase in 2025, 2030, and 2050.
Rivian’s entry into the European and Asian markets will be crucial for the company’s long-term success. These are two of the largest automotive markets in the world, and Rivian will need to establish a strong presence in order to compete with other manufacturers. In order to succeed in these markets, Rivian will need to offer a competitive product that meets the needs of customers. Additionally, Rivian will need to build a strong brand that can compete with established manufacturers.
Rivian plans to release all-electric pickup trucks and SUVs in the near future. These vehicles are intended for the North American market. Rivian plans to begin production of its vehicles in late 2020 at its factory in Normal, Illinois. The company’s EVs are designed to be more efficient, have a longer range and be more capable than traditional ICE vehicles. Rivian’s electric vehicles are also designed to be as easy to use as a smartphone.
Rivian’s all-electric pickup trucks and SUVs will be a major step forward for the company. These vehicles will allow Rivian to compete with other manufacturers in the highly competitive pickup truck and SUV segments. Additionally, these vehicles will give Rivian a foothold in the North American market. The company’s EVs are designed to be more efficient, have a longer range and be more capable than traditional ICE vehicles. Rivian’s electric vehicles are also designed to be as easy
Rivian Stock Price Prediction
Rivian Stock Price Prediction 2023
In 2023 Rivian could in a range between $70 – $90 as Rivian is planning to increase car production and also planning to build up more manufacturing plants.
Rivian Stock Price Prediction 2024
For 2024 Rivian price range is $120 – $140.Although it’s price gets there or not will depend on its biggest shareholders Amazon.
Rivian Stock Price Prediction 2025
Rivian stock price prediction for 2025 is $160 as the first target and $200 as the second target. Overall, in 2025, the Rivian stock price forecast is it could range from $160 to $200. These Price targets are depends on market condition in upcoming years.as we all know EV is the future of vehicles and if Rivian do there work well and increase there profit margin then $200 target is just nothing.
Rivian Stock Price Prediction 2030
Rivian stock price prediction for 2030 is $600 as the first target and $700 as the second target. Overall, in 2030, the Rivian stock price could be in range from $600 to $700. If,the demand inrease for EVs, then the demand for EV cars will increase and people will start buying Rivian vehicles as well which will increase their profit.
Rivian Stock Price Prediction 2040
Rivian could see its stock price above $1500 by the end of 2040, or even higher. Although a lot can happen up until then which could increase or slow down Rivian’s growth. The EV market is evolving and new companies are joining all the time. Due to all of these predictions of a EV company need to be treated with caution.
Rivian Stock Price Prediction 2050
Rivian stock price prediction for 2050 is around $2199. These price forecasts are based on different software and tools (Not by Us).
Experts on the future of Rivian Automotive
Why Rivian Is Currently Struggling
Currently, Rivian is facing problems with production and delivery,due to supply-chain shortages.Many other vehicle manufacturing companies and tech comanies are also struggling because of Semiconductor shortage.And the second biggest reson why Rivian price is continueusly getting lower is It’s valuation,Yes,you hear it right Rivian IPO was overvalued and still it got over subscribed.Rivian sold it’s initial shares at the price of $78 and listed at $106.75,valuing the Rivian more than $85 Billion which was’nt justified with the company fundamentals and that is why Rivian is corrected even more than 80% (as on date 21st Octocber 2022).
Conclusion
So in this article we talked about Rivian Automotive market capitalization,current share price,It’s PE ration, 52 weeks high and low and we also talked about it’s IPO price,valuation,listing etc.Our main focus in article was about Rivian Automotive Price prediction for upcoming years. Now Let’s wrap up this article with a great point you have to understand about market.if you invest in shares of a company then you must have to analyze it’s fundamentals every year until that company fundaments are not great as Apple.and the most important thing about any company is management belive us if a company management if not good than you will definitely goonna lose your money in that perticular stock.
Should I Buy Rivian shares?
it depends on your investment goals. Currently, Rivian is facing problems in production because of the supply chain.
