Rivian Automotive Inc is an American California based best electric vehicle manufacturer company. This company also gives the service related to automotive technology company which is listed in NASDAQ as โRIVNโ.
The company was founded in 2009 and Head Quarter is in Irvine, California, United States.ย
The founder and CEO of Rivian Automotive Inc is Mr. RJ Scaringe and he is since 2009 to inwards.
Today in this post we will discuss all about this company along with stock price prediction 2023 to 2050 with full analysis.
What Is Rivian Automotive Inc?
This is an American California based best electric vehicle manufacturer company.
The founder and CEO of this company is an American Mr. RJ Scaringe.
There is RJ Scaringe who has been on this post ever since he started with this company.
This company was established by RJ Scaringe in the year 2009 and its headquarter was made in Irvine, California, United States.
If we talk about the work of this company, then this company manufactures electric vehicles which currently sells its R1S SUV and R1T pickup truck.
Not only this, but along with all this, this electric vehicle company also provides fleet services for vans.ย Along with this, it also sells Automotive Inc branded accessories in the market.
If you are watching into this company the you will be proud to know that its stock has been awarded the largest initial public offering in the year 2021.
The year 2012 turned out to be a great year for this stock company as this year the company recorded the most significant capital increase of $11.9 billion leaving behind all the American companies.
And this capital increase was done when Facebook, one of the worldโs most well-known social media network company, did not even make its public debut.
If you talk about its main focus center, then you will find that the main approach of this electronic vehicle manufacturer company is to manufacture SUV-type vehicles like pickup trucks or UTEs.
This company has also entered into an agreement with the worldโs largest e-commerce company Amazon in its initial phase itself.
And as per this agreement, its job is to manufacture e-vans for Amazon.
This company even targeted a manufacturing company like TESLA in its competitorโs list.
Will Rivian Be Successful?
Company has worked its way out and established itself as one such brand in the US market.
The company has become a brand in the US market, focusing on the adventurous and eco-conscious consumer. And a unique brand is being created in this field.
A unique move by the largely mission-driven CEO, Robert Scarringe, to fulfill this eco-friendly mission of it.
Under the leadership of CEO Robert Scaringe, the company has built an ecosystem of products that will be seen working on a recurring revenue model in the near future.
According to them, apart from manufacturing their main vehicles, their mission is also moving towards supporting charging network and insurance services.
In the coming short future, very soon you will be seen doing chargi network and insurance services in this company.
However, at this time the toughest competition among the rivals of this company is between big companies like Ford and Tesla.
And they still lacks the resources to mass-produce vehicles to compete with them.
Thatโs why right now this company is standing with very few resources among the giants of the market like Ford and Tesla.
If you talk about investors, then investors are constantly looking for many similar stocks of a single stock so that they can know how far this company or any other stock can go in the future.
This means that while buying their stock in any stock, the investors keep looking for the forecast of the price, they already estimate how much the price of this stock will come in the future.
You must be aware that currently the total outstanding shares in the total market cap of Rivian Automotive Inc. is approximately 913.13 million.
Additionally, its 52-week change in the S&P 500 is approximately -4.31%.
What affects the price of Rivian?
By the way, if you look at the share price, you will find that the stock price of any company keeps on fluctuating.
In this way, if you see there are many different factors in the market which affect the share price of any company.
In this way, if you talk about the Share price then in its factor, the sale of its products like electric vehicles also acts as the biggest driver in the price of the stock price of this company.
By the way, if you look at the main business then its main business is to manufacture electric vehicles and sell those manufactured electric vehicles in the market.
In this way, you can estimate that the more the company sells electric vehicles, the more the companyโs profit, the better its share price in the market.
But it would not be as correct to say this because there are many electric vehicle companies available in the market and the competition of these companies is increasing day by day.
Talking more about Rivian Automotive, the rival of this company in the market is Tesla, the worldโs largest electric vehicle manufacturing company.
Along with Tesla, Neo and Lucid Motors can also give competition to Rivianโs stock price as they work in the same way. There are also some competitors that Rivian needs to compete with.
Apart from all this, traditional car manufacturers like Ford and Mercedes are also thinking of launching their electric car in the market and very soon the stock of the electric car company can see a huge jump.
| Valuation Measurement Of Rivian Stock | Rivian Stock Value/ Price |
| Total Market Capital | 16.97 B USD |
| Total Enterprise Value | 3.93 B |
| 52 Week High | $106.80 |
| 52 Week Low | $17.45 |
| PRIMARY EXCHANGE | NASDAQ as โRIVNโ |
| TOTAL SHARES OUTSTANDING | 913.13M |
| TOTAL PUBLIC FLOAT | 675.76M |
| TOTAL REVENUE PER EMPLOYEE | $100.65K |
| S&P 500 52-Week Change | -4.31% |
Rivian stock price prediction 2023
If you are looking at the technical analysis of stock market you will see that Rivian stock price may reach between $130 to $160 in the year 2023.
- Rivian stock price target 2023: $130 to $160
Rivian stock price prediction 2024
Upcoming future will be of electric vehicles, so that the stock price will increase in the next coming year of 2024.
- Rivian stock price Target 2024: $165 to $175
Rivian stock price prediction 2025
According to our market experts and market analysis for the next year 2025, the demand for EV cars will increase day by day and Rivian continues to be the most successful company in establishing contracts with various such a big companies like Amazon for the supply of EV cars.
- Rivian stock price Target 2025: $180 to $220
Rivian stock price prediction 2030
According to market technical analysis survey, Rivian will be the next Tesla. This means is that the company has become the most popular brand in pickup trucks (SUVs) ย in the electric market segments. So that the market of automotive company will be the brightest future ย andย the stock price of Rivian Inc will increase.
- Rivian stock price Target 2030: $720 to $830
Rivian stock price prediction 2040
This company has booked their sales at 75 % in the upcoming next year. So that when the sales of the companyโs vehicle will increase, on the other hand the profit of the company will also increase and vice versa.
And you all well known that most of all the EV companies becomes profitable when their sales grown. So that we can say that the stock price of the company will definitely increase.
- Rivian stock price Target 2040: $1500 to $1620
Rivian stock price prediction 2050
The future of Rivian stock will be very bright and this will be also bright for the investors who have invested in this stock in the long way and waited so far in this stock.
- Rivian stock price Target 2050: $2350 to $2500
