Where Could Rivian Stock Be in 5 Years?

By Jamie Louko, Connor Allen, and Zane Fracek – Feb 22, 2023 at 9:07AM

NASDAQ: RIVN

Rivian Automotive

Market Cap

$9B

Today's Change

(-2.21%) -$0.20

Current Price

$8.84

Price as of April 24, 2024, 4:00 p.m. ET

What does the future hold for this up-and-coming EV company?

Rivian Automotive (RIVN -2.21%) stock has gotten clobbered since coming public in late 2021, falling 81% from its IPO. Does this provide a buying opportunity for a company attacking a large market, or should investors steer clear? Connor Allen and Zane Fracek dive into this question in this episode, explaining why the company's valuation is still too high given the EV manufacturer's precarious financial situation. If you enjoy this video, leave a like and consider subscribing.

*Stock prices used were the after-market prices of Feb. 21, 2023. The video was published on Feb. 22, 2023.

Connor Allen has no position in any of the stocks mentioned. Jamie Louko has no position in any of the stocks mentioned. Zane Fracek has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Zane, Connor, and Jamie are affiliates of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.