Rivian showed strong revenue growth and achieved its first positive gross profit, but it is still net-loss making.
Near-term forecasts suggest the stock will likely stay between $15–22, and reaching $28 would require a major improvement in profitability and deliveries.
Near-term forecasts suggest the stock will likely stay between $15–22, and reaching $28 would require a major improvement in profitability and deliveries.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.