Rivian Automotive Inc [NASDAQ: RIVN] traded at a high on Friday, posting a 5.49 gain after which it closed the day’ session at $14.03.
The results of the trading session contributed to over 33571882 shares changing hands. Over the past one week, the price volatility of Rivian Automotive Inc stands at 4.85% while the volatility over the past one month is 4.99%.
The market cap for RIVN stock reached $14.32 billion, with 1.02 billion shares outstanding and 742.63 million shares in the current float. Compared to the average trading volume of 37.62M shares, RIVN reached a trading volume of 33571882 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Rivian Automotive Inc [RIVN]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RIVN shares is $14.76 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RIVN stock is a recommendation set at 2.45. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Bernstein have made an estimate for Rivian Automotive Inc shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on January 29, 2025. While these analysts kept the previous recommendation, Robert W. Baird dropped their target price from $18 to $16. The new note on the price target was released on December 18, 2024, representing the official price target for Rivian Automotive Inc stock. Previously, the target price had yet another raise to $18, while The Benchmark Company analysts kept a Buy rating on RIVN stock. On November 08, 2024, analysts decreased their price target for RIVN shares from 20 to 13.
The Average True Range (ATR) for Rivian Automotive Inc is set at 0.74, with the Price to Sales ratio for RIVN stock in the period of the last 12 months amounting to 3.15. The Price to Book ratio for the last quarter was 2.45, with the Price to Cash per share for the same quarter was set at 6.60.
How has RIVN stock performed recently?
Rivian Automotive Inc [RIVN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.42. With this latest performance, RIVN shares gained by 0.65% in over the last four-week period, additionally plugging by 5.89% over the last 6 months – not to mention a drop of -8.78% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RIVN stock in for the last two-week period is set at 59.23, with the RSI for the last a single of trading hit 65.88, and the three-weeks RSI is set at 56.31 for Rivian Automotive Inc [RIVN]. The present Moving Average for the last 50 days of trading for this stock 13.46, while it was recorded at 13.05 for the last single week of trading, and 12.58 for the last 200 days.
Rivian Automotive Inc [RIVN]: Deeper insight into the fundamentals
Rivian Automotive Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.70 and a Current Ratio set at 5.09.
Earnings analysis for Rivian Automotive Inc [RIVN]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RIVN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Rivian Automotive Inc go to 20.49%.
Insider trade positions for Rivian Automotive Inc [RIVN]
There are presently around $48.89%, or 66.76%% of RIVN stock, in the hands of institutional investors. The top three institutional holders of RIVN stocks are: AMAZON COM INC with ownership of 158.36 million shares, which is approximately 16.1926%. VANGUARD GROUP INC, holding 75.11 million shares of the stock with an approximate value of $$1.01 billion in RIVN stocks shares; and VANGUARD GROUP INC, currently with $$750.26 million in RIVN stock with ownership which is approximately 5.7164%.
