Why Rivian Stock Plunged Nearly 10% Today
Shares of Rivian Automotive (NASDAQ: RIVN) plunged 9.7% shortly after 10 a.m. ET today, sinking to their lowest price so far this year. At least one analyst turned cautious about the electric vehicle (EV) maker's prospects after its weak outlook for 2025.
Rivian (RIVN) hit its gross profit goal in Q4, now what?
Rivian (RIVN) hit its goal of achieving a positive gross profit in the fourth quarter. The EV maker released its fourth-quarter earnings after the market closed on Thursday. Here’s a full breakdown of Rivian’s Q4 2024 financials.
Why Rivian (RIVN) Shares Are Trading Lower Today
What Happened? Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) fell 7.3% in the afternoon session after Bank of America analysts downgraded the stock's rating from Hold to Sell and cut the target price from $13 to $10.
Should You Buy Rivian Stock While It's Below $14.50?
Rivian shares are lower despite their big upside potential. It finally looks like the right time to buy. Rivian had a rough 2024, but there are two reasons why I'm more bullish than ever about its stock.
Here’s why Rivian’s (RIVN) stock is down today even after its big Q4 milestone
Rivian (RIVN) shares hit a new yearly low on Monday, dropping nearly 10%. Despite achieving its first gross profit
‘Time to Double Down,’ Says Analyst About Rivian Stock
Rivian (NASDAQ:RIVN) investors had their eyes locked on one crucial number ahead of the EV maker’s Q4 earnings: its first-ever gross profit. The
Rivian: Gross Profit Inflection Point
Rivian beats Q4'24 estimates with positive margins & cash flow, but FY 2025 delivery outlook disappoints. Click here to read ...
Rivian posts $170 million 'gross profit' in Q4, sees losses decreasing as variable costs improve
Rivian reported strong fourth quarter results after the bell on Thursday and came through on its goal of posting a "gross ...
Charged: Analysts downgrade Rivian as risks ‘pile up’ amid lower deliveries
Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean ...
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Rivian posts first gross profit in Q4
Rivian has presented its business figures for the fourth quarter and the full year 2024. From October to December, the ...
Rivian reports $744 million Q4 net loss, expects sales decline
Despite the net loss, the electric vehicle maker reported a positive gross profit of $170 million, partly through regulatory ...
Rivian CEO RJ Scaringe talks Q4 results and market expansion
RJ Scaringe, Rivian founder & CEO, joins 'Closing Bell Overtime' to talk quarterly results, trade policy, the EV market and ...
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Rivian posts $170M profit in Q4 but forecasts lower sales for 2025
The electric vehicle (EV) maker, Rivian, reported robust fourth-quarter results, surpassing Wall Street earnings expectations ...
Rivian expects positive gross profit in Q4 earnings report despite nearly flat deliveries
Rivian reports fourth-quarter earnings Feb. 20 after forecasting positive gross profit, which would be a significant ...
Last-Minute Thought: Bernstein Weighs in on Rivian Stock Ahead of Earnings
Rivian (NASDAQ:RIVN) made a pledge to investors, and the time to deliver on that promise has arrived. The EV maker reports ...
Rivian Q4 Earnings Preview: Profitability Progress, R2 Launch, 2025 Outlook And Key Factors To Watch
Rivian's fourth-quarter financial results could set the table for a 2025 year that will transition to the launch of the R2 ...
Analysts Lower Rivian Price Target Following Impressive Q4 Performance
Rivian's fourth-quarter results revealed successful gross profit achievement alongside surpassing Wall Street's outlook ...