Rivian Stock Price Prediction 2040 and 2050

Rivian is an United States-based manufacturer of electric vehicles and a developer of various automotive technologies. The company currently sells two types of fully electric vehicles, the R1T pickup truck and the R1S SUV. Rivian is also developing an electric delivery van called the Rivian EDV, which is exclusively used by Amazon. 

The electric vehicle industry is poised to grow in the coming decades, but will Rivian benefit as well? In this article, we’ll explore Rivian stock price predictions for 2040 and 2050, based on the historical growth rates of key market indices.

Here’s an overview of Rivian stock’s price growth assuming it grew at the same rate as the average yearly returns of the Nasdaq-100 and S&P 500 indices.

*The values in the table were calculated using RIVN’s price of $15.7 (as of June 21, 2023).

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Rivian stock price history

It’s no secret that Rivian has been struggling in the markets after its IPO in late 2021. Since debuting on the public market, RIVN stock has dropped in price by a whopping 87.9%, vastly underperforming the S&P 500 and Nasdaq-100 indices.

Rivian stock reached its lowest price so far in April 2023, when it hit a low of $12.2. Since, the stock has seen a modest rebound, although its far too early to call the $12.2 low a bottom. Still, current prices could present a compelling opportunity for anyone looking to buy Rivian stock.

RIVN’s all-time high price came at just below $130 on the day of its listing. Since then, the stock has been in a heavily negative trend.

At the time of writing, Rivian has a market capitalization of around $14.7 billion. In June 2023, RIVN stock was removed from the Nasdaq-100 index. This is a somewhat concerning development for Rivian — since the stock is no longer in the Nasdaq-100, it won’t be bought by funds designed to track the index.

Now that we know the basics of Rivian’s price history, let’s go ahead and explore some Rivian stock price predictions for 2040 and 2050. 

Rivian stock forecast for 2040

If we used Rivian’s performance so far as the benchmark for its future performance, the company would barely be worth anything by 2040. Even though it’s clear at this point that Rivian was overvalued at its IPO, that doesn’t mean it couldn’t stabilize in the future and become a sustainable business. 

To estimate how high Rivian stock could go in the future, let’s start by taking a look at what the stock would be worth if it followed the historical average yearly growth rate of the S&P 500, an index that’s widely used as a benchmark for the U.S. stock market. S&P 500’s average yearly growth since its inception has been around 11.8%.

We’ll use our investment calculator tool to visualize the growth the RIVN stock would see in each scenario.

If Rivian stock were to grow at 11.8% per year until 2040, the RIVN stock price would reach $116. Interestingly enough, that would still be lower than the price at which RIVN made its debut on the stock market in November 2021. 

A more optimistic scenario for Rivian stock would be if it followed the historical average yearly growth of the Nasdaq-100 index, which is at about 17.5%. In such a scenario, RIVN would reach a price of $286 in 2040.

Rivian stock forecast for 2050

Now, let’s consider the Rivian stock price prediction for 2050 using the same benchmarks. Assuming RIVN followed the S&P 500’s average yearly growth rate of 11.8%, it would hit a price of about $356 by 2050. 

Meanwhile, if we use the more optimistic 17.5% average yearly growth of the Nasdaq-100 index as the benchmark, the RIVN stock price would reach a whopping $1,435.

What’s next for RIVN? Rivian stock price prediction for 2023 – 2024

According to the algorithmic Rivian stock price prediction on CoinCodex, we can expect a relatively quiet 2023 for RIVN. At the time of writing, the prediction is forecasting that Rivian stock will see a modest decrease by end of year 2023. 

However, the prediction for 2024 is much more bullish, as the forecast is expecting RIVN to more than double in price and reach as high as $44 by June 2024. 

Please note that the predictions are based on historical price action and current market conditions. If there’s a sudden shift in market conditions, the forecast could change significantly as well. 

The bottom line: Long-term Rivian stock price forecasts

Predicting a stock’s price decades from now is extremely difficult. Arguably the most realistic way to do so is to consider how the stock would grow if it performed in line with the broader market. The company has only been publicly traded since 2021, so it’s difficult to say if Rivian is a good long-term investment or not.

Of course, Rivian is in the electric vehicle sector, which still has plenty of room for growth, so we could see the company display explosive growth if it manages to secure a bigger market share in the future. 

Currently, the electric vehicle market is dominated by Tesla. If you’re interested in how TSLA stock could perform over the long term, make sure to check out our article explore Tesla price predictions for 2040 and 2050.