Currently, there are 1.12B common shares owned by the public and among those 757.62M shares have been available to trade.
The company’s stock has a 5-day price change of -3.76% and -23.54% over the past three months. RIVN shares are trading -19.17% year to date (YTD), with the 12-month market performance down to -13.10% 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 33.15 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 -9.58%, -15.72%, and -15.56% respectively.
Institutional ownership of Rivian Automotive Inc (NASDAQ: RIVN) shares accounts for 41.89% of the company’s 1.12B shares outstanding.
It has a market capitalization of $12.16B and a beta (3y monthly) value of 1.96. 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 5.05% over the week and 5.95% over the month.
Earnings per share for the fiscal year are expected to increase by 29.22%, and 17.29% over the next financial year. EPS should grow at an annualized rate of 23.33% 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. TD Cowen stated their Hold rating for the stock in a research note on March 07, 2025, with the firm’s price target at $12.70. BofA Securities coverage for the Rivian Automotive Inc (RIVN) stock in a research note released on February 24, 2025 offered a Underperform rating with a price target of $10. Cantor Fitzgerald was of a view on February 21, 2025 that the stock is Neutral, while Bernstein gave the stock Underperform rating on January 29, 2025, issuing a price target of $6.10. Robert W. Baird on their part issued Neutral rating on December 18, 2024.
