Rivian Stock Price Prediction, Rivian stock forecast, Rivian Stock Price Prediction 2025

Rivian Stock Price Prediction: Can Rivian RIVN stock price fall to $14?

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Rivian stock Price prediction: Rivian stock momentum is bearish, also moves sharply, and only gets positive for investments if the price crosses above $36.

Latest Earnings data analysis

In Rivian’s earnings statements for the third quarter of 2022, a $1.72 billion net loss occurs from operations, the net loss increased from the $1.23 billion reported a year earlier. $536 million in revenue were reported, but the revenue fell short of analysts’ projections of $551 million.

In the third quarter of 2022, Rivian reported high record production and delivery figures for the third quarter of 2022, producing 14,317 vehicles and shipping 6,584. As of November 7, 2022, Rivian has received more than 114,000 preorders from clients in the US and Canada, demonstrating the continued high demand for the R1 series of automobiles.

Rivian revealed that it will delay the launch of the more compact R2 cars platform from 2025 to 2026. Rivian’s R2 cars will be produced in the factory in Georgia.

According to Rivian CFO Claire McDonough, the company has $13.8 billion in cash at the end of the third quarter, down from $14.9 billion at the end of the second quarter. This amount is sufficient to support the company’s expanding operations through 2025.

CFRA calculates Rivian’s cost of goods sold at roughly $220,000 per vehicle compared to an average selling price of $81,000 in the quarter, this is a positive sign for company futures.

More Details about : Rivian Stock

Rivian Stock Technical Analysis

Rivian Stock Price Prediction, Rivian Stock Forecast, RIVN stock forecast, RIVN

Can Rivian stock price reach $40 or fall to $19?

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 the Major trend running Bearish, also Short Term trend running Bearish.

In the daily chart of Rivian stock, Rivian has broken the important support of $24.50, now next support will at $19. The Nearest Resistance will be at $24.50, which was the support earlier, and then at $36.50. If the price is close, above $36.50 then only the short-term trend gets balanced and then the Stock price can reach $54.

Rivian Stock Forecast for the next 12 months

Overall Analyst’s Average$46.75
RBC Capital$50
BNP Paribas$39
Deutsche Bank$46
Goldman Sachs$41

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Rivian Stock Forecast Today

Overall Weekly OutlookBearish
Market’s SentimentBearish
Market DataNeutral
Technical IndicatorsSell
HAK NewsBearish
Social Media SentimentBearish

Rivian Long-Term forecast, Prediction, and Target

Latest long-term Rivian stock forecast, prediction, and target, the Rivian stock price will likely touch $27 by the end of 2022 and then $46 in 2023, $74 in 2024, $98 in 2025, $273 in 2030, $473 in 2033, $1695 in 2040 and will be $6855 in 2050.

Sofi stock Forecast

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 that we provide here should not be considered as any financial advice or any other form of advice meant for doing 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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