Rivian Automotive Inc (NASDAQ:RIVN) price on Wednesday, May 21, fall -3.43% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $16.34.
A look at the stock’s price movement, the close in the last trading session was $16.92, moving within a range at $16.025 and $17.08. The beta value (5-Year monthly) was 1.869. Turning to its 52-week performance, $18.85 and $9.50 were the 52-week high and 52-week low respectively. Overall, RIVN moved 43.84% over the past month.
Rivian Automotive Inc’s market cap currently stands at around $18.73 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-May-05.
Turning to the stock’s technical picture we see that short term indicators suggest on average that RIVN is a 100% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
23 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 5 analyst(s) rate the stock as a Hold, 16 recommend RIVN as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 2 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
RIVN’s current price about 14.61% and 28.72% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 70.72, while 7-day volatility ratio is 5.94% and 5.44% in the 30-day chart. Further, Rivian Automotive Inc (RIVN) has a beta value of 1.96, and an average true range (ATR) of 0.83. Analysts have given the company’s stock an average 52-week price target of $12, forecast between a low of $12 and high of $12. Looking at the price targets, the low is 26.56% off current price level while to achieve the yearly target high, price needs to move 26.56%. Nonetheless, investors will most likely welcome a 26.56% jump to $12 which is the analysts’ median price.
If we refocus on Rivian Automotive Inc (NASDAQ:RIVN), historical trading data shows that trading volumes averaged 46.11 over the past 10 days and 34.16 million over the past 3 months. The company’s latest data on shares outstanding shows there are 1.14 billion shares.
The 33.14% of Rivian Automotive Inc’s shares are in the hands of company insiders while institutional holders own 41.71% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 158.48 million on 2025-04-30, giving us a short ratio of 5.02. The data shows that as of 2025-04-30 short interest in Rivian Automotive Inc (RIVN) stood at 1621.9998999999998 of shares outstanding, with shares short rising to 141.84 million registered in 2025-03-31. Current price change has pushed the stock 22.86% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RIVN stock continues to rise going into the next quarter.
