Rivian Stock: Buy, Sell, or Hold?

By Parkev Tatevosian, CFA – Sep 12, 2023 at 7:15AM

NASDAQ: RIVN

Rivian Automotive

Market Cap

$9B

Today's Change

(6.10%) $0.52

Current Price

$9.04

Price as of April 26, 2024, 4:00 p.m. ET

Rivian is increasing output, but profits are still years in the future.

Fool.com contributor Parkev Tatevosian evaluates Rivian (RIVN 6.10%) stock to answer if the stock is a buy for long-term investors.

*Stock prices used were the afternoon prices of Sept. 9, 2023. The video was published on Sept. 11, 2023.

Parkev Tatevosian, CFA 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.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.