In this article, Financialconvey.com will provide complete information about Rivian Automotive Inc’s (NASDAQ: RIVN) stock price prediction. We are pleased to present our series of Stock forecasts, Price predictions, and Price targets for 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, and 2050.
Note: Before reading Rivian Stock Price Prediction, we would like to tell you that we have more than 15 years of experience in the field of the stock market. If you like this article, then definitely share this informative and valuable article with your close ones.
What Is Rivian Automotive Inc?
Rivian is a transportation company that designs and builds electric vehicles (EVs) and adventure gear. The company was founded in 2009 and is based in Plymouth, Michigan, in the United States.
Rivian’s R1T electric pickup truck and R1S electric SUV are designed for off-road driving and adventure travel. Both vehicles feature long-range batteries, advanced suspension systems, and a range of other features that make them suitable for rough terrain.
Rivian has also developed a range of adventure gear, including electric bikes and travel gear, that is designed to be used with its vehicles. The company has received significant investment from major automakers and other investors and has partnerships with a number of companies in the automotive and technology sectors.
| Rivian Automaker company |
|---|
| Founded | 2009 |
| Employees | 11500 and More |
| Founder | Robert “RJ” Scaringe |
| Headquarters | Irvine, CA |
| Plants | Normal, IL *Atlanta, GA coming 2024 |
| IPO | On November 10, 2021, the IPO was launched at $78 per share |
| Models |
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Rivian stock historical performance
When Rivian’s IPO was launched, the price of the stock was $79. And if we compare 2022, when this year started, its 1 share price was about $ 102, since then the stock of this company has fallen a lot. On 20th Oct 2022, the stock had fallen the most, when the price of that stock was below $ 19.25.
What Is the Forecast for Rivian Stock?
The price target ranges from $83 to $27, with a median 12-month price target of $53.20. Thirteen analysts rate the stock as a buy, six as a hold, and one as a sell.
- The Bull Case for Rivian
In the field of electric pickup trucks, Rivian is one of the first manufacturers to deliver a successful product. EVs have the potential to capture a healthy share of the market because of their first-mover advantage.According to the company, 98,000 pre-orders were already in for R1s as of June 30, plus another 100,000 electric vans were ordered from Amazon.
If you are looking for a long-term investment, then this is a good opportunity for you by buying it now at a low price, you can get good returns in the future.
- The Bear Case for Rivian: Risky despite the big sell-offs
We saw the good side of the Rivian above, if we look at the other side i.c.e. Bear Case, Since the start of production through June 30, Rivian has produced only 8,000 vehicles. Rivian may reach its target of 25,000 vehicles by the end of 2022, but it is still very low compared to other automotive companies.
Rivian Stock Price Prediction
Here are the rivian stock price predictions for 2022, 2023, 2025, 2030, 2040, and 2050. We obtained this forecast from the world’s largest analyst, and this article has been written according to our analysis.
Last Update: December 27, 2022
| Year | Lower Range | Medium Range | Higher Range |
|---|---|---|---|
| 2022 | $18.96 | $22 | $25 |
| 2023 | $25.00 | $28 | $30 |
| 2024 | $30 | $33 | $36 |
| 2025 | $37 | $50.00 | $70 |
| 2026 | $110 | $118 | $124 |
| 2027 | $134 | $144.00 | $154.50 |
| 2028 | $162.75 | $174.25 | $186.50 |
| 2029 | $197.50 | $211.00 | $225.75 |
| 2030 | $240.75 | $257.50 | $275.50 |
| 2040 | $1,490 | $1,590 | $1,700 |
| 2050 | $3,000+ | $3,275+ | $3,500+ |
Rivian Stock Price Prediction 2022
Technical analysis and current market conditions are very important in the stock market. Based on the stock trend of Rivian, it is evident that the higher range can go up to $25 in 2022. The medium range could reach $22 and remain at a just low of $18 at the end of FY22.
| Year | Rivian Stock Forecast 2022 (RIVN) | Majority Guidance |
|---|---|---|
| 2022 | $18 to $25 | Buy |
Rivian Stock Price Prediction 2023
According to the Elliott wave analysis, we can expect the stock of Rivian to be around $25 and $30 price forecast in the year 2023.
As Rivian is getting massive orders, it is currently building a second plant in Morgan and Walton counties east of Atlanta, Georgia, by 2024. The plant is going to cost $5 billion to build and according to the company Rivian, the plant will be able to assemble 400,000 vehicles per year.
| Year | Rivian Stock Forecast 2023 (RIVN) | Majority Guidance |
|---|---|---|
| 2023 | $25 to $30 | Buy |
Rivian Stock Price Prediction 2024
The share price of Rivian is going to increase in 2024 as the second site will be inaugurated in 2024 and more than 7000 people are going to get jobs in this plant. As a result, Rivian will continue to work on its production supplies and fulfill orders. This year’s high is likely near $36.
| Year | Rivian Stock Forecast 2024 (RIVN) | Majority Guidance |
|---|---|---|
| 2024 | $30 To $36 | Buy |
Rivian Stock Price Prediction 2025
According to some forecasts, Rivian’s share price will rise more than twofold to $37+ by 2025 from $18 in 2022. In this case, the company’s value would be $60 billion. There is a high probability that these forecasts will be heavily revised over the next few years by analysts.
| Year | Rivian Stock Price Prediction 2025 | Majority Guidance |
|---|---|---|
| 2025 | $37 To $70 | Buy |
Rivian Stock Price Prediction 2030
As we can understand that the second plant is going to start by the summer of 2024 and by 2030 it can make the plant even bigger. By the end of the decade, the Rivian automotive price could reach close to $300.
In 2030 the high target will be around $275 and the low target is likely to be up to $240. In spite of this, many new electric adventure vehicles are expected to enter the market by 2030.
| Year | Rivian Stock Forecast 2030 | Majority Guidance |
|---|---|---|
| 2030 | $240 To $275+ | If there is no business recession by 2030, hold it. |
Rivian Stock Price Prediction 2040
Since 2040 is still a decade and a half away, it can be difficult to predict the stock price accurately. As we know, by 2030, Amazon and Rivian plan to provide 100,000 electric delivery vehicles in more than 100 cities.
It is expected that there will be even more orders and new plants by 2,040. An estimated high price for Rivian stock by 2040 would be near $1,700, and a low target would be near $1,500.
| Yea r | Rivian stock price prediction 2040 | Majority Guidance |
|---|---|---|
| 2040 | $1,490 To $1,700 | If the company is continuously scaling good business, then you are advised to hold this stock. |
Rivian Stock Price Prediction 2050
Rivian Automotive Inc. will have nearly 40 years of experience in adventure EV cars in 2050. Several experts and analysts predict that eight out of ten new cars sold in 2050 will be electric. As a result, Rivian’s sales can increase significantly.
Based on research, Rivian is expanding its business with its adventure EV car and Amazon electric delivery vehicle order. As a result, we can estimate that the stock price will go up to around $3,500.
| Year | Rivian Stock Forecast 2050 | Majority Guidance |
|---|---|---|
| 2050 | $3,000 To $3,500 | N/A |
Should I buy Rivian stock?
If you are looking for long-term investment then you must invest in Rivian. You can make money by buying call put-in options of Rivian if your goal is to make quick money on the stock market. You should be familiar with the stock market before investing in options since money doubled in the options market can also be lost.
Our Advice on Rivian Stock Price Prediction
Our suggestion you should take this stock. Because Rivian is still doing better than many other speculative EV makers. Rivian is causing problems in supply chain production. This stock could be very bullish if Rivian resolves this issue.
Final Take
The purpose of this article has been to discuss the American brand Rivian Automotive Inc. and to forecast its stock price. Our prediction for Rivian stock price for 2022, 2023, 2025, 2030, 2040, and 2050 is based on some technical analysis. Additionally, we discussed its current market price and its past performance.
According to analyst consensus, Rivian Automotive is a ‘Moderate Buy’. According to 14 Wall Street analysts, this is a favorable rating. Rivian’s valuation has plummeted from its previous sky-high level, as have many other hyped-up stocks.
Rivian stock price prediction depends on how the company is expanding its business. Currently, Rivian is receiving massive orders continuously, but how it will fulfill all the orders and when will it be able to do so.
1. Is RIVN a Good Stock?
In the Rivian IPO, 153 million shares were valued at $78. Rivian performance over the last five years has ranged from $130 to $21 with $130 being the highest. Depending on your investment objective, this stock might suit you or not. Given its value score of F, this would not be a good option for value investors. The stock is worth investing in if you predict future growth in the Ev sector.
2. What Will Be the Rivian Stock Forecast 2023?
Rivian’s stock price is expected to range between $52 and $70 in 2023, based on Elliott’s wave analysis and technical analysis. In 2024, a new plant will increase the company’s car production. If you want to buy this stock in 2023, you should do so before the price goes higher.
3. When Will Rivian Stock Reach $5,000?
According to BNEF, there will be no sale of fossil fuel cars after 2038. By 2040, everyone will have an electric vehicle. It is possible to predict that a share of Rivian could be worth $5,000 by 2050. Because Rivian will have more than 40 years of experience in this industry by 2050.
4. Is Rivian Stock a Good Investment?
Yes, It is possible for you to gain long-term benefits from investing in Rivian Stock if your goal is to accumulate capital.
5. Rivian Stock, How Much Reach in Value in 2040?
By 2040, Rivian stock could reach $1,490 to $1,700.
6. Is RIVN a Buy, Sell or Hold?
Currently, Rivian Automotive has a consensus rating of Buy. Based on 15 buy ratings, 7 hold ratings, and 2 sell ratings, the company has an average rating score of 2.54.
7. What Do Analysts Say About Rivian Automotive?
According to 16 analysts offering 12-month price forecasts, Rivian Automotive Inc’s median target price is 50.50, with a high estimate of 83.00 and a low estimate of 24.00. Compared to the last price of 34.49, the median estimate represents a +46.40% increase.
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