Rivian: A Strong Buy At All-Time Lows (Rating Upgrade) [Seeking Alpha]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Seeking Alpha
Rivian stock has tanked on both lower production guidance and deeper price competition from Ford this year. Still, the company is only expecting flat y/y production because of a planned factory shutdown, which will improve production rates and materially raise gross profit per unit. Despite current losses, Rivian has ample liquidity with over $7 billion in cash and is expected to achieve gross margin profitability by the end of 2024. Amid general market euphoria this year, perhaps no sector has been as badly damaged as the electric vehicle ("EV") sector. Stemming from concerns over weak demand, macro pressures, soft signals from China, and ramping competition among vehicle makers, every EV stock has Recommended For You Recommended For You About RIVN Stock
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RIVN
News
- 6 Electric Cars the Middle Class Can't Afford in 2024 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Electric grid wars are a direct assault on the Western middle class [Yahoo! Finance]Yahoo! Finance
- DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Rivian Automotive, Inc. with Losses to Contact the FirmAccesswire
- Hybrid Vehicles Poised to Gain Market Share, Create Pathway to Meeting Auto Industry Environmental Goals as Regulatory Requirements, Dates Eased [Yahoo! Finance]Yahoo! Finance
- Rivian Shows Silver Linings Before Earnings [Seeking Alpha]Seeking Alpha
RIVN
Earnings
- 2/21/24 - Beat
RIVN
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- RIVN's page on the SEC website