Currently, there are 1.02B common shares owned by the public and among those 742.63M shares have been available to trade.
The company’s stock has a 5-day price change of -2.48% and 28.80% over the past three months. RIVN shares are trading -2.48% year to date (YTD), with the 12-month market performance down to -18.38% lower. It has a 12-month low price of $8.26 and touched a high of $18.85 over the same period. RIVN has an average intraday trading volume of 36.34 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.03%, -4.48%, and 2.42% respectively.
Institutional ownership of Rivian Automotive Inc (NASDAQ: RIVN) shares accounts for 46.31% of the company’s 1.02B shares outstanding.
It has a market capitalization of $13.24B and a beta (3y monthly) value of 2.05. The earnings-per-share (ttm) stands at -$4.72. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.75% over the week and 4.90% over the month.
Earnings per share for the fiscal year are expected to increase by 29.95%, and 16.32% over the next financial year. EPS should grow at an annualized rate of 19.13% over the next five years, compared to -58.18% over the past 5-year period.
Looking at the support for the RIVN, a number of firms have released research notes about the stock. Cantor Fitzgerald stated their Neutral rating for the stock in a research note on February 21, 2025, with the firm’s price target at $13-$15. Bernstein coverage for the Rivian Automotive Inc (RIVN) stock in a research note released on January 29, 2025 offered a Underperform rating with a price target of $6.10. Robert W. Baird was of a view on December 18, 2024 that the stock is Neutral, while The Benchmark Company gave the stock Buy rating on December 09, 2024, issuing a price target of $18. BofA Securities on their part issued Neutral rating on November 08, 2024.
