Rivian stock forecast

Rivian Stock Forecast | Should I buy Rivian Stock?

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Rivian stock Forecast: Rivian Stock is likely to test the previous low of $19

Rivian RIVN stock price closed at $22.48.

Latest long-term Rivian stock forecast, prediction, and target: The Rivian stock price will touch $27.02 by the end of 2022 and then $46.37 in 2023, $74.31 in 2024, $98.09 in 2025, $273.65 in 2030, $472.88 in 2033, $1694.40 in 2040 and will be $6854.79 in 2050.

Welcome you to our series of Stock forecasts, Price Predictions, and price targets for 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050.

Today we will analyze the stocks with both analyses, i.e Technical & Fundamental analysis, and today’s stock is – Rivian Automotive, Inc.

Rivian Stock Today

Rivian Stock Target for the Next 12 Months

Our website uses unique formulas app for data analysis to determine whether Rivian would make a good addition to its portfolio or not. These forecasts and predictions, consider a number of factors including Fundamental data changes, Technical analysis, price changes, market cycle changes, and many more.
The Last closing Price is $22.48, according to our data analysis, the future price of the Rivian RIVN stock is predicted at $46 (104% ) after a year or for 12 months. If you invested $100 now, your investment will be worth $204 in December 2023.

Forecasts and predictions according to analysts’ analysis in Tipranks for Rivian Stock were Bullish. A total of 17 analysts give the rating for Rivian stock. 12 analysts out of 17, give the buy signal, 2 gives the sell signal and 3 analysts preferred the hold signal. Rivian stock target for the next 12 months, according to analysts stood at an average of $47.53, the highest forecast will be at $70, and the lowest forecast at $23.

Rivian Stock Forecast – Rivian Stock Price Prediction

YearLeast ForecastAverage PriceMaximum Forecast
2022$23.60$25.26$27.02
2023$40.13$43.34$46.37
2024$64.91$69.45$74.31
2025$85.68$91.67$98.09
2026$108.81$116.42$124.57
2027$133.83$143.20$153.23
2028$164.61$176.14$188.47
2029$199.18$213.13$228.05
2030$239.02$255.75$273.65
2031$286.82$306.90$328.39
2032$344.19$368.28$394.06
2033$413.03$441.94$472.88
2034$495.63$530.33$567.45
2035$594.76$636.39$680.94
2036$713.71$763.67$817.13
2037$856.45$916.41$980.55
2038$1,027.75$1,099.69$1,176.67
2039$1,233.29$1,319.62$1,412.00
2040$1,479.95$1,583.55$1,694.40
2041$1,701.95$1,821.08$1,948.56
2042$1,957.24$2,094.24$2,240.84
2043$2,250.82$2,408.38$2,576.97
2044$2,588.45$2,769.64$2,963.51
2045$2,976.71$3,185.08$3,408.04
2046$3,423.22$3,662.85$3,919.25
2047$3,936.70$4,212.27$4,507.13
2048$4,527.21$4,844.12$5,183.20
2049$5,206.29$5,570.73$5,960.68
2050$5,987.24$6,406.34$6,854.79
Will be Updated every 15 days

Rivian Automotive, Inc.‘s some Information

Rivian Automotive, Inc. is an American carmaker of electric vehicles and a provider of automotive technologies.

Robert “RJ” Scaringe the CEO of the company launched the company in 2009, under the name Mainstream Motors, then changed its name to Avera Automotive and then, in 2011, to Rivian Automotive.

The company’s headquarters are in Irvine, California, while its production facility is in Normal, Illinois, USA.

Sports cars were the original intent for Rivian’s initial vehicle type. In 2015, Rivian obtained a sizable investment, saw tremendous growth, and started focusing only on electric autonomous vehicles.

In 2016, Rivian was negotiating to purchase a manufacturing facility in Normal, Illinois that had formerly belonged to Mitsubishi Motors.

For $16 million, Rivian purchased the plant’s production equipment in 2017. Rivian unveiled its first two models in December 2017: the electric R1C seven-passenger SUV and the electric R1T five-passenger pickup truck.

At the beginning of 2018, Rivian had 250 workers. As of now, they employ over 9000 people.

Rivian announced price hikes for the R1T and R1S of 17% and 20%, respectively, effective March 1, 2022. The company gave reasons for a shortfall of semiconductors and rising pricing for other components.

Rivian was included on TIME’s list of the 100 Most Influential Companies of the Year 2022 in March of that year.

Rivian declared on July 27, 2022, that it will cut its employment by 6% as a result of high inflation, rising interest rates, and parts prices.

Rivian IPO comes in November 2021, the firm raised about $13.5 billion in investment. The firm was valued at $66.5 billion after 153 million shares were sold at the initial offering price of $78.00. The stock’s closing price on the first trading day was $100.73 per share.

In Rivian Automotive Inc., major investments and stacks holders are Amazon at about 18.1%, Ford motors at 11.4%, and Abdul Latif Jameel at 12.7%.

Content Source: Wikipedia

[ Read about: Amazon Stock Price Prediction ]

Rivian Stock Fundamental Analysis

Rivian Stock’s Q2- June 2022 Earning

> Rivian Automotive, Inc. Revenue was at $364 Million compared with $0 million last year, UP YOY

> Rivian Automotive, Inc. reported an increase in loss of -$1.7 Billion, as compared with -$580 Million loss last year, a 193 % Loss Increased YOY

Rivian Stock’s Latest Q3- September 2022 Earning

> Rivian Automotive, Inc. Revenue was at $536 Million compared with $1 million last year Q3, UP YOY

> Rivian Automotive, Inc. reported an increase in loss of -$1.724 Billion, as compared with -$1.233 Billion loss last year Q3 , a – 40 % Loss Increased YOY

Rivian $RIVN – Stock Technical Analysis Chart

Rivian Stock Price Prediction, Rivian Stock Forecast, RIVN stock forecast, RIVN
Rivian stock price prediction, 2022, 2025, 2030, 2040, 2050

Should I buy Rivian Stock?

Currently, the price running at $22.48, which is down almost 87% down from the all-time high of $179.47(16 November 2021), The daily technical chart of Rivian RIVN indicates that the Major trend running Bearish, also Short Term trend running Bearish.

The Major support will be at $19 then at $14. The Nearest Resistance will be at $24.50 and then at $36, if any price is close to above $32.25, then only the short-term trend gets balanced and the Stock price can reach $57.

Rivian Stock Price Prediction, 2022, 2023, 2025, 2030, 2040, 2050

Here you will find the Rivian Stocks Forecast, price prediction, and target for 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050.

We here give you the stock forecast/prediction at hindiallkuchh.com with the help of analyzing the data by Fundamental data, technical analysis, Elliott wave analysis, and AI of Rivian Stock‘s past price data, and also what Experts are saying about its future Stock Forecast.

Please one thing keeps in mind that this forecast, prediction, or any target is only a suggestion given by experts or analysis. The forecast/prediction that will be perfect is almost impossible. Errors always exist in any analysis, but we try our best to give good price stock forecasts/predictions.

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Disclaimer: Stocks forecast / Price Prediction / Target given on our website is only for information purposes and to educate the stock market Participants / Traders / Investors. The content we provide here should not be considered as any financial advice or any other form of advice meant for investment or Trading. One should do own research and analysis before acting on these comments for any stocks. Trading and Investing involve high risk, please consult your financial advisor before making any decision and hindiallkuchh.com will take no responsibility for the consequences whatsoever resulting comes out of acting on these comments.

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