RIVIAN AUTOMOTIVE INC-A (RIVN) Stock News
NASDAQ:RIVN - Nasdaq - US76954A1034 - Common Stock - Currency: USD
RIVN Latest News, Press Relases and Analysis
Rivian (RIVN) Stock Trades Down, Here Is Why
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) fell 4.8% in the afternoon session after Cantor Fitzgerald analysts downgraded the stock's rating from Buy to Neutral after it announced underwhelming Q4 2024 earnings. The analysts highlighted key concerns, including "lower vehicle deliveries, fewer EDV [electric delivery van] deliveries, and worsening macro conditions, including the implementation of incremental tariffs and the likely removal of the $7,500 EV Tax Credit."
Rivian (RIVN) Stock Trades Down, Here Is Why
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) fell 4.8% in the afternoon session after Cantor Fitzgerald analysts downgraded the stock's rating from Buy to Neutral after it announced underwhelming Q4 2024 earnings. The analysts highlighted key concerns, including "lower vehicle deliveries, fewer EDV [electric delivery van] deliveries, and worsening macro conditions, including the implementation of incremental tariffs and the likely removal of the $7,500 EV Tax Credit."
Why Rivian Automotive Stock Is Sinking Today
What's Going On With Rivian Shares Friday?
Rivian shares are trading lower on Friday after the company reported 2024 fiscal-year fourth-quarter earnings on Thursday after the market closed.
Prediction: This Long-Awaited Catalyst Could Drive Rivian Stock Higher in 2025
Rivian Stock Edges Up After-Hours On First Quarterly Gross Profit, Retail Shrugs Off Weak Sales Outlook
CEO R.J. Scaringe noted that the R2 bill of materials is about 95% sourced and expected to cost roughly half that of the improved R1.
Rivian’s (NASDAQ:RIVN) Q4: Strong Sales
Electric vehicle manufacturer Rivian (NASDAQ:RIVN) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 31.9% year on year to $1.73 billion. Its non-GAAP loss of $0.46 per share was 28.1% above analysts’ consensus estimates.
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Rivian’s (NASDAQ:RIVN) Q4: Strong Sales
Electric vehicle manufacturer Rivian (NASDAQ:RIVN) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 31.9% year on year to $1.73 billion. Its non-GAAP loss of $0.46 per share was 28.1% above analysts’ consensus estimates.
Rivian Delivery Outlook Misses Estimates on Policy Uncertainty
Rivian Automotive Inc. said its electric-vehicle deliveries this year will fall short of Wall Street estimates as potential policy shifts in Washington threaten to further dampen demand for plug-in cars.
Rivian posts $170 million 'gross profit' in Q4, sees losses decreasing as variable costs improve
Rivian reported mixed fourth quarter results after the bell on Thursday, but came through on its goal of posting a "gross profit" for the quarter, with a smaller than expected full-year 2024 EBITDA loss to boot.
Rivian Releases Fourth Quarter and Full Year 2024 Financial Results
Rivian Q4 earnings preview: Expectations for 'modest gross profit,' cost control top of mind for investors
Rivian will report fourth quarter and full-year results after the bell on Wednesday, as investors look to see whether the pure-play adventure EV maker can limit losses and post a "modest gross profit" for the quarter, as projected.
Rivian's Limited 'Dune' Edition Fails To Lift Stock Before Q4 Earnings, But Retail Crosses Fingers For A Strong Print
The R1T Dune edition starts at $99,900, while the R1S version is priced at $105,900, making them among Rivian's priciest offerings.
Rivian (RIVN) Reports Earnings Tomorrow: What To Expect
Electric vehicle manufacturer Rivian (NASDAQ:RIVN) will be reporting results tomorrow after market hours. Here’s what to expect.