Rivian Automotive Stock Performance - Rivian Automotive (RIVN) shares surged 24.5% to $16.49 in the last trading session, driven by higher-than-average trading volume [1] - The stock's recent performance compares to a 7.4% gain over the past four weeks [1] Rivian's Production and Delivery Figures - Rivian delivered 51,579 vehicles in 2024, within its projected range of 50,500-52,000 units [2] - The company produced 49,476 vehicles in 2024, exceeding its outlook of 47,000-49,000 units [2] Rivian's Financial Expectations - Rivian is expected to post a quarterly loss of $0.67 per share, representing a year-over-year improvement of +50.7% [3] - Revenues are projected to be $1.31 billion, down 0.5% from the year-ago quarter [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days [4] Industry Comparison - Rivian Automotive is part of the Zacks Automotive - Domestic industry [4] - Blue Bird (BLBD), another stock in the same industry, closed the last trading session 8.1% higher at $41.77 [4] - Blue Bird has returned -5.2% in the past month [4] - Blue Bird's consensus EPS estimate for the upcoming report is $0.83, unchanged over the past month and representing an -8.8% change from the previous year [5] - Blue Bird currently holds a Zacks Rank of 1 (Strong Buy) [5]

Stock Performance - Rivian Automotive Inc's stock price has decreased by 42% in 2024, reflecting a challenging year for the company and the electric-vehicle industry as a whole [1] Industry Context - The electric-vehicle industry has faced significant challenges in 2024, impacting companies like Rivian Automotive Inc [1] Analyst Perspective - The article is written by a financial researcher and investor with a focus on innovation, disruption, and growth opportunities in high-tech and early-growth companies [2]

Disclosure and Affiliation - Parkev Tatevosian, CFA has no position in any of the stocks mentioned [1] - The Motley Fool has no position in any of the stocks mentioned [1] - Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services [1] - If users subscribe through his link, he will earn extra money that supports his channel [1] - His opinions remain his own and are unaffected by The Motley Fool [1]

Stock Performance - Rivian's stock price closed at $16 38, marking a 24 56% gain for the day and a 23 52% rally in the first four days of 2025 [2] - Despite the recent rally, Rivian's stock has dropped more than 15% over the past year [2] Delivery and Production Metrics - Rivian delivered 14,183 vehicles in Q4 2024, exceeding the forecasted 13,500 [4] - For the full year 2024, Rivian delivered 51,579 vehicles, surpassing the previous year's figure of 50,122 [4] - Rivian manufactured 12,727 vehicles in Q4 2024, with the annual total reaching 49,476, falling short of the revised 2024 production target of 57,000 units [5] Strategic Developments - Rivian announced a $5 8 billion joint venture with Volkswagen to develop new EV architectures and software [6] - The company is working on two new models, the R2 and R3, with deliveries of the R2 expected in the first half of 2026 [7] - Rivian is expanding its charging network, including the new Joshua Tree Charging Outpost in California, which features 12 high-speed chargers and various amenities [8] Analyst Sentiment - Truist lowered its price target for Rivian from $16 to $12, citing production challenges and missed delivery targets [9] - Mizuho adjusted its target from $15 to $12, noting U S EV demand challenges but expressing optimism about Rivian's long-term prospects [9] - Guggenheim reduced its target from $21 to $18 but maintained a 'Buy' rating, highlighting ongoing supplier issues [10]

Rivian is still seeing solid demand for its upscale outdoorsy EVs.Shares of Rivian Automotive (RIVN 22.49%) were trading higher on Friday after the company announced fourth-quarter production and delivery results that were better than Wall Street expected.As of 1:40 p.m. ET, Rivian's shares were up 23% from Thursday's closing price.Demand for Rivian's EVs was stronger than Wall Street expectedRivian said on Friday morning that it produced 12,727 electric vehicles (EVs) in the fourth quarter, and delivered 1 ...

Key TakeawaysShares of Rivian Automotive soared on Friday after the EV maker announced production numbers that topped its estimates and said a problem that limited output was resolved.The manufacturer said it built 49,476 EVs in 2024, slightly above the high end of the outlook it gave in October.Rivan said that a component shortage that affected production was no longer an issue. Shares of Rivian Automotive (RIVN) soared Friday after the maker of electric trucks and SUVs reported full-year production that e ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Rivian finished last year having delivered 51,579 electric SUVs, trucks, and vans, more than triple the number it shipped to customers in 2023. The company announced Friday that it also built 49,476 EVs in 2024. That’s about 8,000 fewer than it expected to manufacture as recently as July. Rivian was forced to lower its expectations, though, when it ran into a component shortage that dragged down production. That shortage is resolved, according to the press release. Rivian won’t release its financial result ...

Core Insights - Rivian Automotive's 2024 vehicle production and deliveries met the company's previously announced expectations, producing 49,476 vehicles and delivering 51,579 vehicles in total [1] - The company had previously lowered its 2024 production target to a range of 47,000 to 49,000 vehicles due to a production disruption caused by a shortage of a shared component [2] - The production constraint mentioned earlier is no longer affecting Rivian's production capabilities, leading to a 4% increase in shares during premarket trading [3] Production and Deliveries - In 2024, Rivian produced 49,476 vehicles, including 12,727 trucks and vans in the fourth quarter [1] - The total deliveries for the year were 51,579 vehicles, with 14,183 delivered in the last three months [1] - The adjusted production target was a decrease from the initial expectation of 57,000 units [2] Financial Performance - Rivian's shares experienced a decline of 43% last year due to cash burn and missed production targets [3] - The company is set to announce its fourth-quarter financial results on February 20 [3]

Rivian Automotive (RIVN -2.78%) stock has been on the upswing in the latter part of the year. Shares of the electric vehicle (EV) maker have soared 38% over the past month, as of this writing. Yet the stock has still dropped about 40% in 2024.With its business at an inflection point heading into 2025, investors may wonder whether it's time to buy Rivian stock while it's below $15 per share.Good news for RivianThe recent surge in Rivian shares came after investors learned of two new deals that will bolster t ...