Rivian Automotive NASDAQ: RIVN has been on a rollercoaster ride in recent weeks, with its stock price experiencing dramatic swings that reflect the turbulent nature of the electric vehicle (EV) sector. Despite the company's recent partnership with Volkswagen offering a glimmer of hope, investors remain skeptical. After experiencing the rollercoaster of ups and downs, followed by yet another steep decline, investors question whether the current low represents a genuine opportunity to invest.  Rivian Automoti ...

Rivian Automotive (RIVN -5.74%) stock is hitting the brakes today after it spiked nearly 14% yesterday. That jump came after the company announced final terms for a joint venture (JV) with global automaker Volkswagen. But shares of the electric vehicle (EV) start-up were down by 5% today, as of 11:15 a.m. ET.Investors cheered the details announced with the closing of the JV yesterday. But the partnership had been previously announced, so today's drop likely reflects that fact, as well as uncertainty about R ...

Last week, we received third quarter results from Rivian (NASDAQ: RIVN ). The electric vehicle maker has been one of the more disappointing names in the market in recent years, as revenue growth has not materialized as muchI am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a career in the investment management industry. I ...

Rivian said it has closed a major deal with Volkswagen that could be worth $5.8 billion by 2028.Shares of Rivian Automotive (RIVN 17.86%) were still surging on Wednesday afternoon, after the company announced the closing of a deal with Volkswagen that could be worth well over $5 billion to the electric vehicle (EV) maker.As of 1:30 p.m. ET, Rivian's shares were up about 18.3% from Tuesday's closing price.A deal that should greatly ease Rivian investors' mindsUnder the deal, first outlined in June, Rivian an ...

A massive deal has reignited investors' expectations of the electric vehicle stock.Shares of Rivian Automotive (RIVN 19.27%) catapulted this morning, surging 23.8% within minutes of the start of trading. The electric vehicle (EV) stock was trading 19% higher as of 10:45 a.m. ET Wednesday.Amid all of its struggles in recent years, the biggest hope for Rivian has been its collaboration with Volkswagen Group, which has backed the EV maker's technology and is an investor. Yesterday, the two companies struck the ...

Shares of Rivian Automotive (RIVN) have gained 4.2% over the past four weeks to close the last trading session at $10.58, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $15.26 indicates a potential upside of 44.2%.The average comprises 23 short-term price targets ranging from a low of $11 to a high of $28, with a standard deviation of $4.69. While the lowest estimate indicates ...

DETROIT — Volkswagen Group increased its planned investment for a joint venture with electric vehicle startup Rivian Automotive to $5.8 billion as the companies have broader aspirations than they initially announced for the team up.Investors were impressed with the details of the deal, sending shares of Rivian up nearly 20% in early Wednesday trading.The joint venture will provide VW with next-generation electrical architecture and software for EVs across the German automaker's brands, while giving Rivian a ...

The share price of electric vehicle startup Rivian (NASDAQ: RIVN) is showing strength as investors react positively to news of a significant investment in the struggling firm.Although RIVN ended the last trading session down 4% with a valuation of $10.58, the stock was up over 11% during the pre-market session on November 13.The stock has struggled throughout 2024 amid rising competition and a slowdown in EV market demand, leading Rivian to plunge by almost 50% year-to-date. Rivian one-day stock price chart ...

Rivian predicted it would turn gross-margin-positive next quarter.Since it went public back in 2021, Rivian Automotive (RIVN -4.17%) has done a good job of selling its electric vehicle (EV) SUVs. What it hasn't done a good job of is being able to sell them for more than it costs to makes them. This is reflected in the company's negative gross margin.Despite some recent component shortages that affected deliveries, the EV company reiterated that it would be able to achieve a modest positive gross margin next ...

While investors await the much-hyped 2026 debut of the R2, there's another big catalyst currently in danger for Rivian.Electric vehicle (EV) producer Rivian (RIVN 4.25%) is an intriguing investment for many reasons, but part of it is simply because it's in such early innings of a long game and every development is such a big deal for the company. Investors (and potential investors) are looking for what comes next for the company to help them determine if it is worth taking a chance on.The next big thing for ...