Rivian Automotive (RIVN) stock received mixed ratings from Wall Street analysts after the EV company issued a weak delivery forecast for 2025,
Rivian beat Wall Street's fourth-quarter earnings expectations and achieved its first gross quarterly profit but is forecasting lower sales in 2025.
One new growth opportunity is its commercial van. The EV maker has been delivering on an existing 100,000-vehicle order for early investor Amazon. Earlier this month, the company renamed it the Rivian Commercial Van (RCV), making it available to any fleet operator. It was previously exclusive to Amazon.
Rivian's strong earnings beat, first-ever gross profit, and surging software revenue boost its outlook. Click here to find out why RIVN stock is a Buy.
Rivian (NASDAQ: RIVN) delivered its Q4 2024 earnings report on yesterday, and while the electric vehicle (EV) market faces headwinds, the company offered plenty of reasons for optimism. From finally hitting positive gross profits to its hyped midsize SUV launch,
The most talked about and market moving research calls around Wall Street are now in one place ... Top 5 Downgrades: Cantor Fitzgerald downgraded Rivian Automotive (RIVN) to Neutral from ...