Rivian Earnings $RIVN (+0.86%)
RIVRivianUS76954A1034RIVNRIVN
Rivian
$RIVN (+0.86%) has just published its quarterly figures.
Earnings per share (EPS) amounted to -$1,27 and is thus above expectations of -$1,40.
Revenues amounted to $1,12 billion and miss expectations of $1,15 billion.
I have made 2 HUGE milestones today
I broke even on $RIVN (+0.86%)
I broke even all-time on my portfolio
Just 3 months ago in April I was down over 50% on $RIVN (+0.86%) and was down more than $1,100 in my portfolio so these milestones are big for me
For a second time I hit $4,000 in my portfolio. I’m 15 years old and I’ve been trading for over a year now. I was down $1,100 all-time back in April, but all the companies in my portfolio have skyrocketed over the last 2 months so I am now a little more than $100 away from breaking even all-time.
The plan I have for the near-future is to sell a large portion of $RIVN (+0.86%) and invest that money into other companies. $RIVN (+0.86%) makes up a huge percentage of my portfolio and was the main cause of my $1,100 loss back in April so I don’t want to risk such a large amount of money with one company. Also, Rivian doubled in value over the last 3 months so I don’t see that being sustainable long term.
I’m currently looking at investing into $DNUT (+0%) and $UAL (-1.27%) in the near future
Financials
Market Cap
$13.01BEPS (TTM)
-$6.042Free Float
730.13MRevenue (TTM)
$5.01BEBITDA (TTM)
-$4.65BFree Cashflow (TTM)
-$5.03BPricing
Analyst Ratings
The price target is $15.48 and the stock is covered by 23 analysts.
Buy
14
Hold
7
Sell
2
Information
Rivian Automotive, Inc. is an automotive manufacturer, which is engaged in developing and building category-defining electric vehicles (EVs) and accessories. The Company’s R1 platform offers the first-generation consumer vehicles: the R1T, a two-row five-passenger pickup truck, and the R1S, a three-row seven-passenger sport utility vehicle (SUV). In the commercial market, the Company offers Rivian Commercial Vehicle (RCV) platform. The Company’s vehicle on this platform is Electric Delivery Van (EDV), designed and engineered by Rivian in collaboration with Amazon. Alongside its commercial vehicles, it offers FleetOS, its proprietary, end-to-end centralized fleet management subscription platform. It also offers a variety of services, including financing and insurance, vehicle maintenance and repair, charging and FleetOS solutions. Its value-added services include digitally enabled financing and leasing, telematics-based insurance, proactive vehicle service, software services, and more.