Rivian Automotive Inc (NASDAQ:RIVN) shares, rose in value, with the stock price up by 0.52% to the previous day’s close as strong demand from buyers drove the stock to $11.55.
Actively observing the price movement in the recent trading, the stock is buoying the session at $11.49, falling within a range of $11.44 and $11.685. The value of beta (5-year monthly) is 1.891. Referring to stock’s 52-week performance, its high was $18.85, and the low was $8.31. On the whole, RIVN has fluctuated by 1.67% over the past month.
With the market capitalization of Rivian Automotive Inc currently standing at about $13.06 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-19.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.38B, with a low estimate of 882.1M and a high estimate of 1.62B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.02B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RIVN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of RIVN currently trading nearly -3.08% and -3.28% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.87, while the 7-day volatility ratio is showing 5.92% which for the 30-day chart, stands at 7.67%. Furthermore, Rivian Automotive Inc (RIVN)’s beta value is 1.84, and its average true range (ATR) is 0.83.
A comparison of Rivian Automotive Inc (RIVN) with its peers suggests the former has fared considerably weaker in the market. RIVN showed an intraday change of 0.52% in today’s session so far, and over the past year, it grew by 32.61%%.
Data on historical trading for Rivian Automotive Inc (NASDAQ:RIVN) indicates that the trading volumes over the past 10 days have averaged 32.83 and over the past 3 months, they’ve averaged 31.71 million. According to company’s latest data on outstanding shares, there are 1.12 billion shares outstanding.
Nearly 33.00% of Rivian Automotive Inc’s shares belong to company insiders and institutional investors own 41.90% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 141.84 million shares as on 2025-03-31, resulting in a short ratio of 4.91. According to the data, the short interest in Rivian Automotive Inc (RIVN) stood at 1661.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 138.74 million. The stock has fallen by -13.16% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RIVN stock heading into the next quarter.
