Diving Into Rivian's Numbers: A Deep Dive Into Whether It's a Buy on the Dip

By Parkev Tatevosian, CFA – Nov 11, 2023 at 5:00AM

NASDAQ: RIVN

Rivian Automotive

Market Cap

$10B

Today's Change

(-0.77%) -$0.08

Current Price

$10.25

Price as of May 7, 2024, 4:00 p.m. ET

Rivian upgraded the annual production target for 2023.

Fool.com contributor Parkev Tatevosian reviews Rivian's (RIVN -0.77%) latest investor update and answers if Rivian stock is a buy.

*Stock prices used were the afternoon prices of Nov. 9, 2023. The video was published on Nov. 10, 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.