RIVN Stock Summary and Trading Ideas (Rivian Automotive - Class A | NASDAQ:RIVN)

Rivian Automotive Inc is an automotive manufacturer that develops and builds electric vehicles ("EVs") as well as software and services. It launches its consumer vehicle business with the R1 platform consisting of two vehicles: the R1T, and the R1S. The company has two reportable segments: Automotive, which derives the majority of revenue, and Software and Services segment. The Automotive reportable segment derives its revenues and cost of revenues from the production and sale of new EVs and the sale of regulatory credits generated by the production and sale of EVs. The Software and services reportable segment derives its revenues and cost of revenues primarily from remarketing, vehicle repair and maintenance services, and vehicle electrical architecture and software development services.

Rivian Automotive - Class A trades on the NASDAQ stock market under the symbol RIVN.

As of April 17, 2025, RIVN stock price climbed to $11.60 with 13,507,449 million shares trading.

RIVN has a beta of 1.22, meaning it tends to be more sensitive to market movements. RIVN has a correlation of 0.11 to the broad based SPY ETF.

RIVN has a market cap of $13.12 billion. This is considered a Large Cap stock.

Last quarter Rivian Automotive - Class A reported $2 billion in Revenue and -$.46 earnings per share. This beat revenue expectation by $304 million and exceeded earnings estimates by $.19.

In the last 3 years, RIVN traded as high as $40.86 and as low as $8.26.

The top ETF exchange traded funds that RIVN belongs to (by Net Assets): VTI, VB, VBK, VXF, IWR.

RIVN has outperformed the market in the last year with a return of +33.2%, while the SPY ETF gained +6.0%. However, in the most recent history, RIVN shares have underperformed the stock market with its stock returning -19.7% in the last 3 month period and -7.1% for the last 2 week period, while SPY has returned -10.7% and -6.8%, respectively.

RIVN support price is $10.84 and resistance is $12.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RIVN shares will trade within this expected range on the day.