Welcome to our series of Stock Price Prediction. Here, we will learn about the Rivian Stock Price Prediction 2023, 2024, 2025, 2030, 2050. Rivian was one of the largest Initial Public Offering in the year 2021 with the capital rise of about $12 Billion. But it has not shown any great result till now. Will Rivian comeback as one of the most valuable stock? Will Rivian price grow? Is it safe to invest in Rivian Stocks for long-term purpose? We will learn everything about Rivian Stocks in this blog.
What is Rivian Automobile Inc.?
Rivian Automobile Inc is an US based Automobile company engaged in manufacturing and designing of Electric Vehicles founded in 2009 by Robert RJ Scaringe. Rivian is headquartered at Irvine, California. Rivian became the first company to deliver the commercial electric trucks in September 2021 and beat the competitor including, Tesla. The objective of Rivian Automobile is to build the R1S SUV and R1T pickup truck. Rivian has emerged due to investors looking it as the major competitor to Tesla and hence it has gain so much investment in IPO.
Rivian Stock Overview
Rivian is trading with the symbol RIVN with IPO launched in November 2021 which has raised amount of around $12 Billion. The following details shows the valuation with respective values for analysis.
The above table shows the Rivian Stock current status with Market Capitalization Value, 52 week high and low, sales and Day’s range. This data is updated on 14th January 2023 from yahoo
Rivian Stock Price Prediction
Rivian Stock is currently highly monitored by investors due to high potential. Rivian is famous for highly developed technology and marketing strategies and is highly appreciated by the customers. The range of Rivian Automobiles in truck sector is equipped with features and service. Our estimation is based on the history, performance and looking at the market sentiments.
Rivian Stock Price Prediction 2023
Current Rivian Stock Price is $16 which is less than the investor expectation. The company is expanding business and trying to improving production in commercial segment EVs. Our prediction is Rivian Stock will be at $45 at December, 2023.
Rivian Stock Price Prediction 2024
Rivian will try to get into the market by providing extra facilities in terms of insurance and charging stations. This will improve company portfolio and ivestment from the markets. Our estimation is Rivian Stock will be somewhere around $90 till the end of December, 2024.
Rivian Stock Price Prediction 2025
Rivian has emerged as one of the most successful Automobile company in few years. Rivian has also secured a deal from Amazon to provide 100,000 delivery vehicles which increased their sales and profit margin. Our estimation suggests that the Rivian Stock Price will be around $160 at December, 2025.
Rivian Stock Price Prediction 2026
Rivian Stock Price will be around $170 t $230 in 2026. This target is achievable as with the passing time, the dependency on EVs has increased and government all around the world is promoting technologies that replaces the conventional engines.
Rivian Stock Price Prediction 2027
Rivian design of automobile is unique and are liked by the customers. The segment of electric truck for off-road purpose is one of the most popular truck. Rivian Stock Price will be around $270 in 2027.
Rivian Stock Price Prediction 2028
Focusing on customer expection by providing adequate service an facilities Rivian can reach new heights in the year 2028. Our estimation is Rivian Stock Price will be around $340 in the year 2028.
Rivian Stock Price Prediction 2029
Eco-friendly vehicle is the future since it has low operating cost, maintenance and pollution free. Rivian has launched new segments in SUVs and off road trucks that are efficient. Rivian Stock can be around $390 at December, 2029.
Rivian Stock Price Prediction 2030
With growing population and environmental concern, the dependency on Electric vehicle will increase and since Rivian would be one of the oldest option in Electric Automobile Industry the sale and customer base will increase. Our expectation is Rivian Stock Price will be around $430 in 2030.
Rivian Stock Price Prediction 2040
It will be more than a two decades Rivian serving customer with EVs option. More employee and service stations along with charging station will help company to grow at faster pace. Considering this our expectation is Rivian Stock will be at around $900 in 2040.
Rivian Stock Price Prediction 2050
Rivian will be competitor to big Automobile companies like Tesla and Ford. Making futuristic car with better features and getting global awards in this segment will be the main aim of the company. It may have acquired some small companies to expand portfolio. Our expectations is that the Rivian Stock Price will be around $1850 in the year 2050.
Should I buy Rivian stock?
Many Investors and analysts have suggested that Rivion Stock can be a good investment in the long run. Some of the major reason being :
- Electric Vehicle is the future and most countries have responded positively on adoption and usage of EVs. It creates less pollution and economical.
- Rivian has primarily focused on commercial Electric trucks which is a new niche for most of already established Automobile company.
- Rivian has proven unique design and manufacturing of Electric Vehicle. As of now, the biggest competitor is Tesla who itself has not researched and produced any best selling vehicle in this segment.
- Vehicle sales has increased multifold times during last few years. This is good news for Rivian who is investing heavily in this space.
- Rivian Business model is backed by some major investors and analysts who are into this space from long time. This increases the reliability on products Rivian is promising to deliver in the coming years.
Here we will look at the most frequent asked question on Rivian Stock Prediction.
Can I buy Rivian Stocks now?
Yes, you can invest in Rivian Stocks through any broker or any digital stock exchange platforms.
Is Rivian Stocks Safe to buy?
Rivian Stocks is currently priced at lower value considering the fundamentals and business model of the company. So, in the coming time it can perform extremely well and give good returns to the investors.
What is Rivian Stock Target Price for 2023?
Rivian Stock Target price is around $50 which is justified looking at historical past data and coming new launching of new vehicles.
Will Rivian Stocks Grow In The Future?
Rivian Stock Prediction shows that the price will grow massively in the coming times. Also, since the demand of Electric Vehicles will increase in the coming years it is safe to invest in such companies.
Why Rivian Stock is Growing Slow?
Rivian is facing problem of low production due to which they are not able to deliver the orders to the customers. This has resulted in low sales which in terms means low profits. However, company has responded positively on it by increasing the production amount to match the market requirements.
Is Rivian Public Company?
Yes, Rivian is Public Company. It trades on NYSE with token name RIVN.
What is Rivian Stock Prediction?
Rivian Stock Price Prediction for 2023 is $40.
Rivian Stock Price Prediction for 2024 is $80.
Rivian Stock Price Prediction for 2025 is $150.
Rivian Stock Price Prediction for 2026 is $210.
Rivian Stock Price Prediction for 2027 is $260.
Rivian Stock Price Prediction for 2028 is $330.
Rivian Stock Price Prediction for 2029 is $400.
Rivian Stock Price Prediction for 2030 is $430.
Rivian Stock Price Prediction for 2040 is $910.
Rivian Stock Price Prediction for 2050 is $1900.
Rivian is launched with the objective to overcome the problems associated with the conventional engines. It is headquartered in California and serves the Automobile Industry. Currently, Rivian has launched commercial electric trucks which has gain popularity. But due to problems in supply chain management the company has not yet fulfilled the market needs. In the long run, if this issue will not be solved customer will stick to already established companies or some new companies may emerge in the coming times. Although, Rivian has expanded business model by adding Charging Stations and Insurance in their profile but still the supply management can deteriorate Rivian status in the market. Investors always look for something that aligns which supply and demands. Rivian Stock Price will surely depend upon the feedback and sales in the upcoming years. Still, Experts says that Rivian will again grow back by solving the production issue and Stock price will surely grow in the future.