Rivian Automotive Intrinsic Value – Rivian Automotive Stock Closes Out at $14.38, Up 1.27% from Previous Closing Price Amid Consensus Estimates for Next Quarter.
May 27, 2023
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Rivian Automotive ($NASDAQ:RIVN) Inc.’s stock finished yesterday at $14.38, a modest rise of 1.27% from its previous closing price of $14.20. Rivian Automotive Inc. is an American automotive and technology company that designs, manufactures, and sells electric vehicles. The company has recently announced plans to launch the world’s first electric pickup truck and SUV, which is expected to be available later this year. This line of vehicles is intended to revolutionize the pickup and SUV segments, with features such as four-wheel drive, a low center of gravity, and a large battery capacity. The company has also announced a partnership with Amazon for the delivery of electric vehicles to their customers.
Rivian Automotive Inc.’s stock has been on a meteoric rise since the start of the year, with its current price reflecting this trend. With the increased positive opinion of the company, the stock is expected to continue its upward trajectory in the coming quarters. As investor confidence grows and more details emerge about Rivian Automotive’s revolutionary products, it’s likely that the stock will maintain its impressive growth rate.
Analysis – Rivian Automotive Intrinsic Value
At GoodWhale, we conducted an analysis of RIVIAN AUTOMOTIVE‘s wellbeing. After careful consideration, we concluded that the intrinsic value of RIVIAN AUTOMOTIVE share is around $240.2 through our proprietary Valuation Line. This means investors are presented with an incredible opportunity to purchase the stock at an excellent discount. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Rivian Automotive. More…
| Total Revenues | Net Income | Net Margin |
| 2.22k | -6.51k | -292.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Rivian Automotive. More…
| Operations | Investing | Financing |
| -5.54k | -1.23k | 1.58k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Rivian Automotive. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 18.19k | 5.45k | 13.57 |
Key Ratios Snapshot
Some of the financial key ratios for Rivian Automotive are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -287.1% |
| FCF Margin | ROE | ROA |
| -304.5% | -30.1% | -21.9% |
Peers
Rivian Automotive Inc is an American automotive and energy storage company. Founded in 2009, the company focuses on developing electric vehicles. Rivian has raised over $6 billion from investors including Amazon.com and Ford Motor Company. Rivian’s main competitors are Lucid Group Inc, Tesla Inc, and Ford Motor Co.
– Lucid Group Inc ($NASDAQ:LCID)
As of 2022, Lucid Group Inc has a market cap of 21.21B and a Return on Equity of -29.52%. Lucid Group Inc is a leading provider of marketing and advertising services. The company has a strong focus on delivering high-quality, innovative, and effective marketing and advertising solutions to its clients. Lucid Group Inc has a strong reputation for providing excellent service and delivering results that exceed expectations. The company’s focus on quality and customer satisfaction has resulted in a loyal client base and a strong market position. Lucid Group Inc is well-positioned to continue its growth and success in the marketing and advertising industry.
– Tesla Inc ($NASDAQ:TSLA)
Tesla’s market cap as of 2022 is 695.76B. The company has a Return on Equity of 27.88%. Tesla is an American electric vehicle and clean energy company based in Palo Alto, California. The company specializes in electric vehicle manufacturing, batteries, and solar panel manufacturing. Tesla also offers vehicle service centers, superchargers, and home energy systems.
– Ford Motor Co ($NYSE:F)
As of 2022, Ford Motor Company has a market capitalization of 48.77 billion dollars and a return on equity of 23.7%. The company is one of the largest automakers in the world and is known for its production of cars and trucks. The company also has a strong presence in the world of motorsports, with its vehicles competing in a number of different racing series.
Summary
Rivian Automotive Inc. is a leading automotive manufacturer that specializes in electric vehicles and mobility solutions. Its stock has been steadily increasing in value, with a closing price of $14.38 as of last night, representing an increase of 1.27% from the previous closing price of $14.20. To assess the potential of investing in RIVIAN, it is important to consider the company’s financials and outlook.
Analysts have a consensus estimate for the company’s performance in the upcoming quarter, which could be a potential indicator of future performance. Ultimately, it is important for investors to conduct their own research and due diligence before investing in RIVIAN.
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