Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks and sports utility vehicles. It provides Rivian Commercial Vehicle platform for electric Delivery Van with collaboration with Amazon.com. The company sells its products directly to customers in the consumer and commercial markets. Rivian Automotive, Inc. was founded in 2009 and is based in San Jose, California.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.
Target Price
The average target price of RIVN is 19 and suggests 11% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation su
Buy
Sell