June 24, 2022





Rivian Stock Forecast and Prediction: RIVN SURGES 30% after earnings. 12 months forecast revised lower to $55

3.2
17
votes

Article Rating

May 16th, Rivian Stock Forecast: In the next trading session, the stock price of RIVN is expected to trade between $21 and $28

The Current Outlook for Rivian is Marginally Positive

The Average Rivian Stock Prediction 2022 for the next 12 months is $55 (Revised Significantly Lower)

Latest Rivian Stock Price

Share Volume

42.7 M

Higher

Forward P/E 1 Year

-3.8

N/A

Rivian Stock: Performance Analysis

Rivian hit a low point after Ford sold 8 million of its shares but is up 30% since earnings were reported.

Stock and Period

5 days

1 Month

YTD

+3.7%

-11.4%

-56.0%

-7.9%

-23.4%

-35.9%

-0.1%

-25.4%

-57.3%

+6.4%

-30.2%

-74.0%

Rivian Stock Forecast: Daily Outlook

Indicator

Trend

Price

Higher

Volume

Higher

Performance vs Peers (Last 5 Days)

Higher

Google Search

NA

Technical

Sell

Social Media Sentiment Trend

Lower

Rivian Stock: Mutual Funds with Rivian Holdings

Mutual Fund Name

12 months return

SPEDX – Alger Dynamic Opportunities Fund Class A

-5.75%

American Funds AMCAP Fund

-2.55%

American Funds Growth Fund of America

-1.99%

Rivian Stock: Google Search Trend

Google Search volume for Rivian Stock is lower compared to yesterday.

May 16th

May 13th

Trend

Google Search Index

NA

NA

Read about Tesla Stock Forecast

Rivian Stock Prediction: Technical Analysis

Source

Support

Resistance

Recommendation

$17 (S3)

$27 (R1)

Sell

$24 (S3)

$28 (R1)

N/A

Rivian stock forecast 2022

Rivian Stock Forecast: Latest Rivian Stock News and Tweets

  • Rivian CEO RJ Scaringe recently warned about the shortage of EV batteries. This situation may cause drawbacks in the automaker industry. He further says that Rivian is going to cope with this by expanding its suppliers and creating its own battery cells.
  • On May 9th, Rivian’s IPO Lockup (Initial Public Offering) ended. IPO lockup is a time period during which company insiders and investors cannot sell the stock. After the lockup expiration, they are free to sell their shares. According to Barron’s, this will put millions of shares on the market which can also turn out better than investors expect.

Read: NIO Stock Forecast

Rivian Stock: Social Media Sentiment

Period

Last 7 Days

Last 24 Hours

Trend

Net Sentiment ($RIVN)

-11.6%

-23.4%

Lower

Rivian Stock Prediction 2022 for the next 12 months, May 16th

Rivian Q1 Earnings Summary

  • Total Production: 2553 vehicles, Total Deliveries: 1227 vehicles
  • Revenue of $ 95m
  • Expenses including the cost of revenues at $1579m
  • Net loss per share $1.77

Vineet Agarwal

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

Rivian Stock Forecast



Source link

Leave a Reply

Your email address will not be published.