Rivian (RIVN 6.57%) stock saw substantial gains in Thursday's trading. The electric vehicle (EV) specialist's share price ended the session up 6.6% in a day that saw the S&P 500 index rise 1% and the Nasdaq Composite index rally 1.5%.Rivian's valuation gained ground today following news that the State Department's procurement forecast for 2025 included plans for spending on EVs. The document initially included a category titled "Armored Electric Vehicles," although this was later changed to "Armored Vehicle ...

"We are proud that yet another automaker has chosen Autel's ADAS calibration technology," said Autel CEO Chloe Hung. Post this The Autel IA900 system, recognized throughout the industry for its comprehensive calibration workflow, was approved after thorough and repeatable testing of each calibration type on Rivian R1T, R1S, RCV, and EDV models. The Rivian Driver+ suite of Advanced Driver Assistance Systems comprises multiple camera and radar components. The Rivian line has consistently received the Insuran ...

In the latest market close, Rivian Automotive (RIVN) reached $12.48, with a +0.32% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 0.27% for the day. At the same time, the Dow lost 0.51%, and the tech-heavy Nasdaq gained 0.03%.Shares of the a manufacturer of motor vehicles and passenger cars have depreciated by 6.75% over the course of the past month, outperforming the Auto-Tires-Trucks sector's loss of 9.35% and lagging the S&P 500's gain of 4.27%.The upcom ...

Rivian will sell its commercial electric vans to any U.S. business that wants one — more than a year since ending an exclusivity deal with backer Amazon.The company will sell two vans — the smaller 500 and the larger 700 — but buyers will have to be registered businesses, according to the company. That means any hopeful van-lifers will have to wait and see if Rivian ever sells them direct. The launch of its commercial van fleet business opens up a potential revenue stream that has sat dormant since Rivian ...

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Core Viewpoint - Rivian Automotive has faced significant challenges, including a 90% decline in stock value since its public market debut in 2022, despite positive product reception and awards. The company is struggling with slow growth and high cash burn [1][2]. Group 1: Gross Profitability - Rivian's CEO has expressed optimism for a "modest" gross profit in Q4 2024, driven by lower material costs and increased sales of green car credits, which can be sold to other automakers [3]. - Achieving gross profit in Q4 2024 would mark a significant improvement from Q4 2023, where the company lost approximately $124,162 per vehicle sold, totaling around $1 billion [4]. Group 2: Growth Acceleration - Rivian needs to demonstrate top-line growth, which is currently lacking, as it delivered only 14,183 vehicles in Q4, reflecting a mere 1.5% increase year-over-year [6]. - Unlike established automakers, Rivian's inability to scale into a sustainable business model poses a risk, especially as reliance on selling regulatory credits may not be viable long-term [7]. Group 3: New Products and Partnerships - The introduction of new products based on Rivian's mid-sized vehicle platform, including the R2 model expected in 2026 at a price point of $45,000, is crucial for growth [8]. - Rivian's recent $5.8 billion joint venture with Volkswagen aims to enhance software and electronics in vehicles, providing essential cash flow and potential economies of scale [9]. - As of September, Rivian had $6.74 billion in cash against a quarterly operating loss of approximately $1.17 billion, highlighting the need for strategic partnerships to ensure survival until new models are launched [10][11].

Company Overview - Rivian Automotive (RIVN) closed at $12.80, reflecting a +0.23% change from the previous session, underperforming the S&P 500's daily gain of 0.36% [1] - Over the past month, Rivian's shares have decreased by 10.13%, which is worse than the Auto-Tires-Trucks sector's loss of 4.71% and the S&P 500's gain of 2.11% [2] Upcoming Earnings - Rivian's earnings report is anticipated on February 20, 2025, with an expected EPS of -$0.66, indicating a 51.47% improvement from the same quarter last year [3] - Revenue is forecasted to be $1.43 billion, representing an 8.53% increase from the prior-year quarter [3] Analyst Estimates and Market Sentiment - Recent changes in analyst estimates for Rivian are crucial as they reflect short-term business trends, with positive revisions indicating optimism about the company's outlook [4] - The Zacks Rank system, which evaluates estimate changes, currently ranks Rivian at 3 (Hold), with a 3.26% decrease in the consensus EPS estimate over the last 30 days [5][6] Industry Context - Rivian operates within the Automotive - Domestic industry, which is part of the Auto-Tires-Trucks sector, currently holding a Zacks Industry Rank of 185, placing it in the bottom 27% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

The electric vehicle (EV) sector is in a state of flux. Some manufacturers are pulling back as demand growth hasn't met or exceeded early expectations. But growth does continue and U.S. EV sales grew 7.3% in 2024 year over year, according to Kelley Blue Book.That's crucial for start-ups like Rivian Automotive (RIVN -2.43%) as it needs volume to see sales turn into profits. But one new major headwind has Rivian stock sinking today. Shares dropped as much as 5.3% and remained lower by 2.2% as of 11:30 a.m. ET ...

Rivian (RIVN 0.40%) stock had a volatile 2024. And despite some promising catalysts ahead, shares remain priced at a discount versus other electric vehicle (EV) stocks. There's been some mixed news for EV manufacturers in recent weeks, especially when it comes to projected government subsidies in major markets like the U.S. But when it comes to Rivian's prospects, CEO RJ Scaringe just delivered some great news to investors.Scaringe remains very optimisticOne of the biggest issues plaguing EV stocks right no ...

In the latest market close, Rivian Automotive (RIVN) reached $12.51, with a +0.72% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.53%. Meanwhile, the Dow experienced a rise of 0.38%, and the technology-dominated Nasdaq saw an increase of 0.25%.Shares of the a manufacturer of motor vehicles and passenger cars have depreciated by 6.62% over the course of the past month, outperforming the Auto-Tires-Trucks sector's loss of 8.98% and lagging the S&P ...