FintechZoom Rivian stock predicts a moderate recovery in 2024-2025, with the stock rising from $10.44 to $12.29 by year-end and continuing to $13.14 by mid-2025. Long-term, FintechZoom forecasts significant growth, reaching $48.60 by 2030 and $61.21 by 2035.
Fintechzoom Rivian Stock
The FintechZoom Rivian stock, an electric vehicle startup, went public in November 2021 under the ticker “RIVN,” raising nearly $12 billion and making it the largest U.S. IPO of the year. The company offered 153 million shares at $78 each, initially valuing it at $66.5 billion. On its first trading day, Rivian’s stock surged over 21%, closing at $100.73 and valuing the company at around $86 billion, surpassing Ford’s market capitalization. By November 2021, Rivian’s market cap had reached $127.3 billion with shares at $129.95, indicating strong market confidence. Rivian competes with established automakers like Tesla and Ford but differentiates itself with its focus on all-terrain electric vehicles.
FintechZoom’s analysis of Rivian stock for 2024 includes several key points:
- Market Trends: FintechZoom Rivian stock has experienced significant fluctuations, with a decrease of -55% from the beginning of the year to the current price of $10.44.
- Year-End Forecast: The forecasted Rivian price at the end of 2024 is $12.29, indicating a year-to-year change of -48%. The rise from the current price to the year-end is expected to be +18%.
- Mid-Year and First Half of 2025: Rivian’s price is expected to climb to $10.75 in the middle of 2024 and to $13.14 in the first half of 2025.
Overall, FintechZoom’s predictions suggest a moderate recovery in Rivian’s stock price by the end of 2024 and a continued upward trend in the first half of 2025.
Rivian’s stock symbol is RIVN. The key points are:
- Rivian went public in November 2021, raising close to $12 billion in its IPO.
- Rivian offered 153 million shares at an opening price of $78, establishing an initial company valuation of $66.5 billion
- On its first day of trading, Rivian’s stock surged over 21%, closing at $100.73 per share and valuing the company at around $86 billion, surpassing Ford Motor Co.’s market capitalization.
- As of November 2021, Rivian’s market cap reached $127.3 billion, with shares closing at $129.95.
So in summary, Rivian’s stock symbol is RIVN, and the company had a very successful IPO in late 2021, quickly establishing a multi-billion dollar market valuation.
Rivian Stock Price Forecast for 2024-2025:
- Rivian’s stock price started 2024 at $23.46, but has since decreased by 51% to the current price of $11.52.
- FintechZoom forecasts the Rivian stock price to reach $14.53 by the end of 2024, a 38% year-over-year decrease.
- However, they expect the stock to rise 26% from the current price to $14.53 by the end of 2024.
- In the first half of 2025, FintechZoom predicts the Rivian stock price will climb to $18.28, and then reach $22.39 by the end of 2025, a 94% increase from the current price.
-
FintechZoom Rivian Stock
The Rivian Stock Forecast 2026-2030:
- FintechZoom expects Rivian’s stock price to significantly increase over the next 5 years, rising from $22.39 at the start of 2026 to $48.60 by 2030, a 117% gain.
Rivian Stock Forecast 2031-2035:
- In the 2031-2035 period, FintechZoom forecasts Rivian’s stock price to rise from $48.60 to $61.21, a 26% increase.
In summary, FintechZoom’s analysis suggests Rivian’s stock price will recover moderately in 2024-2025, followed by more substantial gains in the following 5-10 years, reaching over $60 per share by 2035.
FAQ
Q1: When did Rivian go public, and what was the outcome of its IPO?
- Rivian went public in November 2021, raising close to $12 billion. The company offered 153 million shares at an opening price of $78, establishing an initial company valuation of $66.5 billion. On its first trading day, Rivian’s stock surged over 21%, closing at $100.73 per share and valuing the company at around $86 billion.
Q2: What is Rivian’s stock symbol?
- Rivian’s stock symbol is RIVN.
Q3: How has Rivian’s stock performed in 2024?
- In 2024, Rivian’s stock started at $23.46 but decreased by 51% to a current price of $11.52.
Q4: What is the forecast for Rivian’s stock price by the end of 2024?
- FintechZoom forecasts Rivian’s stock price to reach $14.53 by the end of 2024, a 38% year-over-year decrease. However, from the current price, this represents a 26% increase.
Q5: What is the expected performance of Rivian’s stock in the first half of 2025?
- FintechZoom predicts Rivian’s stock price will climb to $18.28 in the first half of 2025.
Q6: What is the long-term forecast for Rivian’s stock price by the end of 2025?
- By the end of 2025, FintechZoom expects Rivian’s stock price to reach $22.39, a 94% increase from the current price.
Q7: What are the projections for Rivian’s stock price from 2026 to 2030?
- FintechZoom forecasts Rivian’s stock price to rise from $22.39 at the start of 2026 to $48.60 by 2030, a 117% gain.
Q8: What is the long-term outlook for Rivian’s stock price from 2031 to 2035?
- In the 2031-2035 period, FintechZoom expects Rivian’s stock price to increase from $48.60 to $61.21, a 26% gain.
Q9: What are the key market trends affecting Rivian’s stock in 2024?
- Rivian’s stock has experienced significant fluctuations in 2024, with a decrease of 55% from the beginning of the year to the current price of $10.44.
Q10: How does Rivian’s specialization differentiate it from competitors?
- Rivian specializes in designing and manufacturing electric trucks, SUVs, and delivery vans tailored for active lifestyles, distinguishing it from competitors like Tesla and Ford, which focus on different segments of the EV market.
