Where Will Rivian Stock Be in 1 Year?
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) has proven to be a painful investment for most people who have owned the stock: Its shares today trade 93% below the all-time high of around $172 they hit in November 2021, just days after the company went public. To be fair, however, the stock was relatively overvalued at the time. And some investors may be looking at its now much cheaper valuation as an opportunity.The next 12 months will present significant opportunities for Rivian as it rolls out its new R2 SUV and R3 crossover models. The arrival of those lower-priced mass-market EVs will expand its ability to capture some market share from embattled EV powerhouse Tesla. But will the company ever be able to staunch its relentless outflows of cash? 2025 has been a tumultuous year for the automotive industry and the U.S. economy as a whole. So far, one of the biggest losers has been Tesla, which saw its first-quarter deliveries drop 13% year over year, due in large part to backlash against the actions of CEO Elon Musk in Washington. Rivian can capitalize on Tesla's damaged brand to win over consumers who still want to buy an electric vehicle, but don't want to put money in Musk's pocket. Continue reading
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) has proven to be a painful investment for most people who have owned the stock: Its shares today trade 93% below the all-time high of around $172 they hit in November 2021, just days after the company went public. To be fair, however, the stock was relatively overvalued at the time. And some investors may be looking at its now much cheaper valuation as an opportunity.
The next 12 months will present significant opportunities for Rivian as it rolls out its new R2 SUV and R3 crossover models. The arrival of those lower-priced mass-market EVs will expand its ability to capture some market share from embattled EV powerhouse Tesla. But will the company ever be able to staunch its relentless outflows of cash?
2025 has been a tumultuous year for the automotive industry and the U.S. economy as a whole. So far, one of the biggest losers has been Tesla, which saw its first-quarter deliveries drop 13% year over year, due in large part to backlash against the actions of CEO Elon Musk in Washington. Rivian can capitalize on Tesla's damaged brand to win over consumers who still want to buy an electric vehicle, but don't want to put money in Musk's pocket.
