Rivian Shows Silver Linings Before Earnings [Seeking Alpha]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Seeking Alpha
Rivian has cash reserves of $9.4 billion at the end of 2023 while it produced 57,000 cars in 2023. Higher cash reserves compared to current delivery volumes give Rivian flexibility for additional discounts, like they gave on Earth Day. The company is also cutting costs and improving supply chain, which should help it achieve positive gross profit by the end of the year. Rivian's PS ratio is quite attractive considering the revenue base of the company and forward growth runway. Rivian ( NASDAQ: RIVN ) along with the entire EV industry is going through a trial by fire. The next earnings will be reported on 7th May. The high-interest rate environment has already dented demand and at the same time, the Recommended For You Recommended For You About RIVN Stock
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RIVN
News
- Rivian Automotive, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - RIVNAccesswire
- Investors in Rivian Automotive, Inc. Should Contact Levi & Korsinsky Before June 18, 2024 to Discuss Your Rights - RIVNAccesswire
- RIVN LAWSUIT ALERT: The Gross Law Firm Notifies Rivian Automotive, Inc. Investors of a Class Action Lawsuit and Upcoming DeadlineGlobeNewswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Rivian Automotive, Inc. of Class Action Lawsuit and Upcoming Deadlines - RIVNPR Newswire
- Investors who lost money on Rivian Automotive, Inc.(RIVN) should contact Levi & Korsinsky about pending Class Action - RIVNAccesswire
RIVN
Earnings
- 5/7/24 - Beat
RIVN
Sec Filings
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- 5/10/24 - Form SC
- RIVN's page on the SEC website