Mizuho analyst Vijay Rakesh maintains Rivian Automotive Inc (NASDAQ: RIVN) with a Buy and lowers the price target from $37 to $35. RIVN announced a $1.3 billion green convertible senior note offering....
Tag: Rivians
Rivian’s Mercedes partnership an important international win for the EV maker, say analysts
Rivian Automotive’s recently announced partnership with Mercedes-Benz Group spells good news for the electric vehicle maker, according to analysts. Last week Rivian Automotive Inc. RIVN, +0.89% and Me...
Rivian’s Losses Nearly Triple to $1.7 Billion
Rivian Automotive Inc. reported its net loss in the second quarter nearly tripled to $1.7 billion, further pressuring the electric-vehicle startup to conserve cash and move quickly to fill customer or...
Rivian’s Great EV Expectations Meet the Harsh Reality of Manufacturing
At Rivian Automotive Inc.’s factory in Normal, Ill., life is anything but. Car factories around the world routinely churn out models around the clock. About eight months after production on Rivian’s e...
Rivian’s lack of history is hurting its chances with chipmakers—leaving Amazon facing a $10 billion hit
Electric vehicle startup Rivian is losing out to rivals in an ongoing battle to secure microchips, posing potentially massive losses for large shareholder Amazon. Little over a week into the month, Ri...
Rivian’s Stock Is Hitting New Lows After Weak Earnings—But Analysts Still Predict A Rebound
Topline Shares of Rivian tumbled 7% Friday after the electric-vehicle maker reported lackluster quarterly earnings and warned that supply chain issues would limit vehicle production in 2022, but despi...
Rivian’s $117 Billion Wipeout Turns Sell-Side Fans Into Skeptics
(Bloomberg) — Wall Street’s embrace of Rivian Automotive Inc., last year’s electric-vehicle startup darling, is waning already as the company has lost about $117 billion in market value in just ...
Tesla rival Rivian’s stock could skyrocket at least 160%, says top analyst
Rivian’s stock has an electric amount of upside potential. At least that is the good word from top Wall Street auto analyst at Morgan Stanley Adam Jonas. The often headline-making Jonas — know...
Ford Sees $8.2 Billion Gain on Its Investment Following Rivian’s IPO
(Bloomberg) — Ford Motor Co. expects to record a gain of $8.2 billion in the fourth quarter on its investment in Rivian Automotive Inc. after the electric-truck maker’s blockbuster initial publi...
Rivian’s big recall is a ‘black eye’ for bulls, but the stock is still a buy, analyst says
Shares of Rivian Automotive Inc. took a dive Monday, in the wake of the electric-vehicle maker’s recall of nearly all of its vehicles, but Wedbush analyst Dan Ives said the news is just a “speed bump”...