Rivian Stock Forecast and Prediction: RIVN SURGES 30% after earnings. 12 months forecast revised lower to $55

Rivian Stock Forecast and Prediction: RIVN SURGES 30% after earnings. 12 months forecast revised lower to $55
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May 16th, Rivian Stock Forecast: In the next trading session, the stock price of RIVN is expected to trade between $21 and $28
The Current Outlook for Rivian is Marginally Positive
The Average Rivian Stock Prediction 2022 for the next 12 months is $55 (Revised Significantly Lower)

Latest Rivian Stock Price

Share Volume
42.7 M
Higher
Forward P/E 1 Year
-3.8
N/A

Rivian Stock: Performance Analysis

Rivian hit a low point after Ford sold 8 million of its shares but is up 30% since earnings were reported.

Stock and Period
5 days
1 Month
YTD
+3.7%
-11.4%
-56.0%
-7.9%
-23.4%
-35.9%
-0.1%
-25.4%
-57.3%
+6.4%
-30.2%
-74.0%

Rivian Stock Forecast: Daily Outlook

Indicator
Trend
Price
Higher
Volume
Higher
Performance vs Peers (Last 5 Days)
Higher
Google Search
NA
Technical
Sell
Social Media Sentiment Trend
Lower

Rivian Stock: Mutual Funds with Rivian Holdings

Mutual Fund Name
12 months return
SPEDX – Alger Dynamic Opportunities Fund Class A
-5.75%
American Funds AMCAP Fund
-2.55%
American Funds Growth Fund of America
-1.99%

Rivian Stock: Google Search Trend

Google Search volume for Rivian Stock is lower compared to yesterday.

May 16th
May 13th
Trend
Google Search Index
NA
NA

Read about Tesla Stock Forecast

Rivian Stock Prediction: Technical Analysis

Source
Support
Resistance
Recommendation
$17 (S3)
$27 (R1)
Sell
$24 (S3)
$28 (R1)
N/A

Rivian stock forecast 2022

Rivian Stock Forecast: Latest Rivian Stock News and Tweets

  • Rivian CEO RJ Scaringe recently warned about the shortage of EV batteries. This situation may cause drawbacks in the automaker industry. He further says that Rivian is going to cope with this by expanding its suppliers and creating its own battery cells.
  • On May 9th, Rivian’s IPO Lockup (Initial Public Offering) ended. IPO lockup is a time period during which company insiders and investors cannot sell the stock. After the lockup expiration, they are free to sell their shares. According to Barron’s, this will put millions of shares on the market which can also turn out better than investors expect.

Read: NIO Stock Forecast

Rivian Stock: Social Media Sentiment

Period
Last 7 Days
Last 24 Hours
Trend
Net Sentiment ($RIVN)
-11.6%
-23.4%
Lower

Rivian Stock Prediction 2022 for the next 12 months, May 16th

Analyst
Next 12 months’ forecast
Average of all Predictions
$55
$24
$67
$26
$108
$77
$30

Rivian Q1 Earnings Summary

  • Total Production: 2553 vehicles, Total Deliveries: 1227 vehicles
  • Revenue of $ 95m
  • Expenses including the cost of revenues at $1579m
  • Net loss per share $1.77

Tesla New York on Twitter: “‘A Train Wreck’, ‘Black Eye for EV Industry’, ‘Case Study for What NOT to Do’… Wedbush’s Dan Ives on Rivian After Earnings! ⚡️🎯 https://t.co/w09NqXr0N9 $TSLA $RIVN #EV pic.twitter.com/kempHXVWEY / Twitter”

‘A Train Wreck’, ‘Black Eye for EV Industry’, ‘Case Study for What NOT to Do’… Wedbush’s Dan Ives on Rivian After Earnings! ⚡️🎯 https://t.co/w09NqXr0N9 $TSLA $RIVN #EV pic.twitter.com/kempHXVWEY

Vineet Agarwal

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

Rivian Stock Forecast

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