In this article, we’ll dive dip into the Rivian stock price prediction from 2023 to 2030 to determine the future price target of the stock. But before we get started, I’d like to let you know that Rivian Automotive is an American company that makes electric vehicles, and they’ve had success recently.
To help you time your investment, find prominent analysts’ Rivian stock price predictions on this page.
This article examines Rivian stock price prediction, which one of the top market analysts has provided us with both short-term and long-term forecasts. Continue reading to discover the experts’ predictions for future price changes for Rivian.
The stock price of RIVN is expected to increase, according to all analysts who have forecasted it. Some predict a rapid ascent to $170, while others predict a gradual rise to about $94.
Most analysts advise you to purchase Rivian’s stock because, in their opinion, the company’s future is promising.
What is the Forecast for Rivian Stock?
The consensus price target for Rivian Automotive Inc. from the 15 analysts providing 12-month price projections is 44.00, with a high estimate of 108.00 and a low estimate of 24.00.
The median forecast reflects a gain of +37.59% over the most recent price of 31.98.
Rivian Stock Price Prediction 2023
With a predicted price of $147, 2023 is anticipated to move in the same way as 2022. According to Morgan Stanley and Tigress Financial predictions, Rivian’s shares will trade for less than $150 soon.
Rivian Stock Price Prediction 2024
According to analysts at RBC Capital Markets, who have one of the loftiest goals for the company, Rivian’s share price will keep increasing to $165 in 2024.
However, how its relationship with one of its biggest shareholders, Amazon, evolves will determine whether or not its price reaches that level.
Rivian Stock Price Prediction 2025
Rivian Automotive shares are anticipated to trade at roughly $170 in 2025, from 2024. The BofA’s John Murphey says that Rivian is an investment that will take five to ten years to pay off.
Rivian Stock Price Prediction 2026
In 2026, 63.95 is the average target price per Rivian Automotive share. Momo shares will continue to experience positive dynamics in 2026, with a potential 14.825 percent monthly volatility.
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Rivian Stock Price Prediction 2027
In 2027, the target price for each Rivian Automotive share is expected to be 63.25.
Momo shares will have negative dynamics in 2027, with potential monthly volatility of 18.795 percent being anticipated.
Rivian Stock Price Prediction 2028
In 2028, the projected price for each Rivian Automotive share is expected to be 67.48. Momo shares will continue to see positive dynamics in 2028, with potential monthly volatility of 14.025 percent.
Rivian Stock Price Prediction 2029
By 2029, a target price of 73.19 is expected per Rivian Automotive share. Positive dynamics will rule for Momo shares by 2029, with a potential monthly variation of 15.396 percent anticipated.
Rivian Stock Price Prediction 2030
By the end of 2030, Rivian’s stock price may be above $200 or even higher. However, a lot can happen before that point that could speed up or slow growth.
The EV market is continuously changing, and new competitors are continually entering. Predictions this far in the future should be considered with caution.
FAQ
Will Rivian be Successful?
Rivian is more likely to succeed despite setbacks, he claimed. They can already state that clients have trucks in their possession, which is more than other companies can.
Additionally, he added, the business provides a “unique product that looks and feels distinct from anything else existing on the market.”
Is RIVN a Buy?
Rivian’s production is likewise going quite well. Rivian’s production goals for 2022 were affected by supply chain challenges, but the company recently reiterated its revised goal of 25,000 EVs for the year. Information from Rivian.
The stock of Rivian is not yet a buy. After missing earnings on March 1, RIVN’s stock fell sharply. At roughly 27, shares are trading for a significant discount from their IPO price.
When Can Public Buy Rivian?
On November 9, Rivian sold shares to the general public in its first public offering for $78 per share.
A period-long IPO lockup that prevents some early stockholders from selling their shares expires on May 9.
How to Invest in Rivian?
- Contrasting stock trading platforms. Our comparison table can aid your search for a platform that works for you.
- Open a trading account. Fill out an application with your information.
- Verify your payment information. Your account with money.
- Examine the stock.
- Purchase today or tomorrow.
- Inspect your investment
Although investors are concerned about the company’s expansion, the Rivian stock price projection has struggled over the past few years.
Even though the company’s stock price is excessive, we cannot completely rule out the possibility that the shares may rise again later this year. If this occurs, $115 will be the next significant resistance to keep an eye on.
Is Rivian Stock A Good Investment?
Depending on your investing objectives and your assessment of the firm, Rivian stock may or may not be a wise purchase. Rivian had a market capitalization of more than $28 billion as of May 3, 2022. Still, some Wall Street experts believe Rivian’s valuation is too expensive.
Can I Buy Rivian IPO Stock?
The investment possibility in Rivian is intriguing, especially at this early stage. It may be able to satisfy the demands of an underserved market for electric pickup trucks, SUVs, and vans. By using one of the best brokerage accounts or an investment tool like Stash, early investors can purchase Rivian shares.
When Rivian Will Be Public?
If you’re considering investing in the electric vehicle (EV) industry, Rivian Automotive Inc., a well-known manufacturer of electric pickup trucks and SUVs, has filed to go public. The company will make its debut on November 9, 2021. Learn more about the Rivian and how to purchase stocks in businesses after they go public by continuing to read. 21
Is Rivian Overvalued?
Rivian is wildly overvalued based on output in 2022.
Why Has Rivian Stock Dropped So Much?
More than triple its private valuation, Rivian completed its first day as a public corporation with a value of about $88 billion. However, the company’s price fell soon after the revelation that it would no longer be working on an EV with Ford. In May, Ford gave Rivian a $500 million investment.
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