Is Rivian Stock a Buy After Its Recent Pullback?
3 Articles
3 Articles
Is Rivian Stock a Buy After Its Recent Pullback?
Key Points Rivian's third-quarter deliveries rose 32% year over year and beat expectations. Management narrowed full-year delivery guidance, implying a softer fourth quarter. The stock's valuation looks more reasonable after the drop. Rivian Automotive (NASDAQ: RIVN) slid again this week…
Rivian Sales Up 32% In 3rd Quarter, Revises 2025 Guidance Downward
I'd love to see Rivian do well, and its sales year over year were indeed up 31.8% in the 3rd quarter. However, that's not really a huge jump compared to other auto brands*. The company delivered 13,201 vehicles, and produced 10,720. While that's apparently what Rivian was targeting, the bad ... [continued] The post Rivian Sales Up 32% In 3rd Quarter, Revises 2025 Guidance Downward appeared first on CleanTechnica.
Rivian Cut Its Forecast Again Even After A Huge Jump In Sales
Rivian cut its delivery outlook despite recording its strongest quarter. The company sold 50,100 vehicles in 2023 and 51,579 vehicles in 2024. Investors worry as demand for the R1T pickup and R1S SUV slows. Rivian has once again trimmed its delivery outlook for the year, now projecting it will finish 2025 with between 41,500 and 43,500 vehicles handed over to customers. Earlier forecasts had painted a more optimistic picture. In May, Rivian sugg…
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