After a brief spike, shares are back in value territory.Rivian Automotive (RIVN -6.84%) was once one of the hottest stocks in the world. In 2021, the shares peaked with a total valuation of $150 billion -- roughly 10% of Tesla's market capitalization. The stock was valued at nearly $130 per share. Today, that share price is below $13, with a total market valuation of just $12 billion -- or only a fraction of its earlier size.So is now the time to buy? If you're looking for maximum growth potential, this cou ...

With the S&P 500 sitting richly above 5,700, one mantra has guided my investment philosophy since the Fed rate cuts were announced: go against the grain and invest in stocks that others are dumping.With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. He ...

One of the EV industry's biggest fans has lost his enthusiasm for Rivian stock.Rivian Automotive (RIVN -6.00%) stock was trading down by 4.8% as of 1:20 p.m. ET Wednesday after Morgan Stanley analyst Adam Jonas downgraded the stock one notch from overweight (i.e., buy) to equal weight (i.e., hold).Jonas' note on Wednesday regarding Rivian was only one facet in his broader downgrade of the entire U.S. automotive industry: He also downgraded Ford (F -3.96%) to equal weight and reclassified General Motors (GM ...

Rivian Automotive (NASDAQ:RIVN) stock is down 5.4% to trade at $11.19 today, after the U.S.-based electric vehicle name was downgraded to "equal-weight" from "overweight" at Morgan Stanley. The analyst in coverage also trimmed its price target to $13 from $16, expressing uncertainty over achieving positive free cash flow in the next five years. The price-target cut is especially notable, considering RIVN's consensus 12-month price target of $17.68 is a 58% premium from its current perch. And for a stock dow ...

Rivian Automotive TodayRIVNRivian Automotive$11.84 -0.07 (-0.59%) 52-Week Range$8.26▼$24.87Price Target$18.09Add to WatchlistAfter a promising start to the summer, shares of electric vehicle (EV) maker Rivian Automotive, Inc. NASDAQ: RIVN have been struggling for upward momentum. A solid 125% rally from April through July looked promising, especially as the stock was coming off an all-time low. However, a weaker-than-expected earnings report in early August was too much for the stock to handle. While Rivian ...

Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, a philanthropy established three years ago in conjunction with Rivian’s IPO to dedicate 1% of its equity to those making the “natural world” a “stakeholder in our success.”The company launched a website for the foundation on Monday that details 41 grantees who will collectively receive just north of $10 million in funding. The recipients are mostly in the United States, with a few falling outside the EV startup’s home coun ...

The Fed rate cut will certainly help Rivian, and other automakers, but does it make the EV maker a buy now?There's a narrative out there that electric vehicle (EV) sales aren't growing, and that's not true. EV sales are indeed growing. Just last week, data came out showing that new EV registrations jumped 18% in the U.S. market during July, compared to the prior year.The truth is that EV sales are still growing decently, and are still taking market share from traditional gasoline-powered vehicles. They just ...

This fledgling automaker is on sale right before its revenue could skyrocket.Want to add a massive growth stock to your portfolio without paying a huge premium? This is your chance. Right now, there's an EV stock that's preparing for a huge growth spurt, yet its shares have seen a dramatic reduction in value given selling pressures across the rest of its industry.You'll have to be strategic, but your portfolio could experience huge gains if you're willing to stay patient.Expect this company's sales to skyro ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Rivian's business model has become problematic because the company can't scale production effectively.The electric vehicle (EV) market isn't growing like it was a few years ago, but that's not the only headwind Rivian (RIVN -0.76%) is facing. The company has a cost structure that's out of line with its production and will need to turn to the market for cash before the R2 launches. In this video, Travis Hoium shows Rivian's financial challenge today.*Stock prices used were end-of-day prices of Sept. 16, 2024 ...