Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name. It provides software and services, such as remarketing, vehicle repair and maintenance services, and vehicle electrical architecture and software development services. In addition, the company designs, develops, manufactures, and operates the Rivian Adventure Network Direct Current fast chargers, and offers access to Combined Charging Standard, as well as FleetOS, a proprietary, end-to-end centralized fleet management subscription platform. Further, it offers Rivian Commercial Van platform for Electric Delivery Van with collaboration with Amazon.com, Inc. It sells its products directly to customers in the consumer and commercial markets. Rivian Automotive, Inc. was founded in 2009 and is based in Irvine, California.
EV Market Dynamics | Explore Rivian's position in the evolving electric vehicle landscape, facing production challenges while capitalizing on strategic partnerships and innovative technology |
Financial Trajectory | Delve into Rivian's path towards profitability, with analysts projecting revenue growth to $5 billion by 2025 and improving EPS, despite current cash burn |
Strategic Alliances | Uncover the potential of Rivian's expanded $5.8 billion joint venture with Volkswagen, bolstering its technological development and market reach |
Future Growth Catalysts | Learn about Rivian's R2 model, targeting a $45,000 price point, and its potential to drive volume growth and establish Rivian as a leading American EV brand |
Metrics to compare | RIVN | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipRIVNPeersSector | |
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P/E Ratio | −4.0x | −0.3x | 10.6x | |
PEG Ratio | −0.11 | −0.13 | 0.02 | |
Price/Book | 2.5x | 1.6x | 1.4x | |
Price / LTM Sales | 3.1x | 1.3x | 0.9x | |
Upside (Analyst Target) | 5.4% | 28.4% | 23.8% | |
Fair Value Upside | Unlock | 14.5% | 10.9% | Unlock |