Electric vehicle maker Rivian wrapped its initial public offering at US$78 per share, well above the raised US$72 and US$74 price range. The offering values Rivian at US$66.5 billion.
Shares shot up to US$106.75 when trading opened and were holding just about US$100 near the close.
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| 52-week range | US$8.26 - US$28.06 |
|---|---|
| 50-day moving average | US$12.0438 |
| 200-day moving average | US$18.3542 |
| Target price | US$17.84 |
| PE ratio | N/A |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | US$-5.74 |
Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.
Historical closes compared with the last close of $8.83
| 1 week (2024-04-12) | -3.29% |
|---|---|
| 1 month (2024-03-19) | -21.58% |
| 3 months (2024-01-19) | -42.96% |
| 6 months (2023-10-19) | -48.54% |
| 1 year (2023-04-19) | -31.12% |
|---|---|
| 2 years (2022-04-19) | -77.45% |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Over the last 12 months, Rivian Automotive's shares have ranged in value from as little as US$8.26 up to US$28.06. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Rivian Automotive's is 1.886. This would suggest that Rivian Automotive's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
To put Rivian Automotive's beta into context you can compare it against those of similar companies.
| Revenue TTM | US$4.4 billion |
|---|---|
| Gross profit TTM | US$-3,123,000,000 |
| Return on assets TTM | -20.7% |
| Return on equity TTM | -47.36% |
| Profit margin | -122.51% |
| Book value | 9.443 |
| Market capitalisation | US$8.5 billion |
TTM: trailing 12 months
We're not expecting Rivian Automotive to pay a dividend over the next 12 months.
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 consumer services, such as digital financing and leasing, telematics-based insurance, vehicle maintenance and repair services, software services, and charging solutions. 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. The company 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.
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