Rivian Stock Price Prediction 2025, 2030,2040 2050 & 2070
Introduction
Rivian Automotive is an American company known for manufacturing EV vehicles which was founded in 2009.
Rivian Automotive then decided to go public in November 2021. Since then, the price has been volatile and acted as a roller coaster so sometime it become difficult to do Rivian stock price prediction so we considered many factors to make data more accurate.
When Rivian went public on November 16, 2021, its share price was around $179.46 per share, which is now reduced to $25 per share as of March 2023, a big fall in the stock price of Rivian Group.
| Formerly | Mainstream Motors Avera Automotive |
| Industry | Automotive Energy storage |
| Founder | June 2009 |
| Founded | R. J. Scaringe |
| Area Served | United States Canada |
| Products | Electric vehicles Batteries |
| Employees | 14,122 |
| Net income | US$−6.7 billion (2022) |
| Total assets | US$17.9 billion (2022) |
| Total equity | US$13.8 billion (2022) |
| Services | Electric vehicle charging Vehicle insurance |
| Official Website | rivian.com |
This blog will discuss price history, future, and Rivian Stock price prediction and forecast.
Rivian’s Stock Price History
The price history of Rivian’s stock isn’t great, as the return on Initial Public Offering (IPO) is still negative.
The share peaked when it went public in November 2021, which is around $179.46 per share, which later fell to the price of $25 per share.
The main reason behind the fall of Rivian stock is the Global Chip shortage which slowed down the whole production and operation of the company.
Despite the negative returns, most analysts predict that Rivian is a young company with a lot of potentials to grow in the EV industry.
Factors Affecting Rivian’s Stock Price
1. The competition from the electric vehicle manufacturers is the biggest threat to the company, which heavily affects the stock price.
2. The shortage of chips leads to supply chain disruptions which is the main reason behind the company’s financial performance.
3. The decrease in the price affects the market and brings negative news about the company, such as the safety issue, which could decrease the stock price.
4. The increased demand for electric vehicles might raise Rivian’s stock price.
5. Rivian might consider expanding its production in Europe and China, which may increase sales and boost the stock price.
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Rivian’s Future Prospects
Predicting the exact future of any organization is nearly impossible, but by analyzing the current market, we can predict the future to some extent.
Rivian might be a young company, but Rivian as a company has lots of potentials to grow as the demand for EVs keeps increasing daily.
Since Rivian has a solid management team that guides the organization in the right way will increase the potential of the company.
Analysts’ Predictions for Rivian’s Stock Price
Analysts cannot always be positive or negative because some analysts predict the negative side of the organization while others predict the positive side.
According to a report from TipRanks, the Maximum 12-month price target will be $40.00, Average of $21.14 and a minimum of $10.00.
On average, 70% of analysts suggest buying the stock, while 20% hold the stock and 10% sell the stock.
How to Invest in Rivian
There can be three main ways to invest in Rivian stock, which are as follows
1.Buy stock directly
Rivian is a publicly listed stock on the Nasdaq stock exchange under the symbol RIVN. You can buy the stock through any trustable brokerage account.
2. Buy ETFs
Many ETFs hold Rivian stock in them, such as
1. Ark Innovation ETF (ARKK)
2. The Global X Autonomous & Electric Vehicles ETF
3. Invest in Mutual Fund
One can use Mutual Funds to minimize the risk and maximize the reward on the investment. Some of the mutual funds that hold Rivian stock are
1. T.Rowe Price Growth Stock Fund (PRGFX)
2. American Funds Growth Fund of America (AGTHX)
Rivian stock price prediction 2023 | Rivian Stock forecast 2023
Based on the current production and market, the Rivian stock price prediction for 2023 will be around $23.00.
Rivian stock price prediction 2024 | Rivian Stock forecast 2024
As the company plans to increase its production, the Rivian stock price prediction for 2024 will be around $40.00.
Rivian stock price prediction 2025 | Rivian Stock forecast 2025
If the company’s production continues to increase its production to the larger part, then the Rivian Stock price prediction for the year 2025 will be around $55.00.
Rivian stock price prediction 2026 | Rivian Stock forecast 2026
If the company launches new products, the Rivian price prediction for 2026 will be around $88.00.
Rivian stock price prediction 2027 | Rivian Stock forecast 2027
The company might dominate the EV market if everything goes well, and hence the Rivian stock Price forecast for the year 2027 will be around $110.00
Rivian stock price prediction 2028 | Rivian Stock forecast 2028
If it continues to dominate and become a major player in the industry, then the Rivian stock price prediction for the year 2028 will be around $160.00
Rivian stock price prediction 2030 | Rivian Stock forecast 2030
The Continues Dominance in the EV market can make its price higher, and the Rivian stock price prediction for the year 2030 will be around $220.00
Rivian stock price prediction 2035 | Rivian Stock forecast 2035
The Continues growth can result in the global leader in the automotive industry, so the Rivian stock price prediction for the year 2035 will be around $330.00
Rivian stock price prediction 2040 | Rivian Stock forecast 2040
If the same growth continues for years, then the Rivian stock price could go around $550.00 in the year 2040
Rivian stock price prediction 2050 | Rivian Stock forecast 2050
The Rivian stock price prediction for the year 2050 will be around $1,100.00 if the company’s management continues outperforming the market.
Rivian stock price prediction 2060 | Rivian Stock forecast 2060
The Rivian stock price prediction for the year 2060 will be around $2,200.00 if the demand for EVs rises in the future.
Rivian stock price prediction 2070 | Rivian Stock forecast 2070
The Rivian stock price prediction 2060 will be around $6,000.00 if the company’s investors stay in the company and hold the share for the compounding.
Rivian stock price prediction (2023-2070)
| Year | Minimum price (USD) | Average price (USD) | Maximum Price (USD) |
| 2023 | $21.50 | $23.00 | $24.50 |
| 2024 | $35.00 | $40.00 | $45.00 |
| 2025 | $50.00 | $55.00 | $60.00 |
| 2026 | $75.00 | $80.00 | $85.00 |
| 2027 | $100.00 | $110.00 | $120.00 |
| 2028 | $150.00 | $160.00 | $170.00 |
| 2030 | $200.00 | $220.00 | $240.00 |
| 2035 | $300.00 | $330.00 | $360.00 |
| 2040 | $500.00 | $550.00 | $600.00 |
| 2050 | $1,000.00 | $1,100.00 | $1,200.00 |
| 2060 | $2,000.00 | $2,200.00 | $2,400.00 |
| 2070 | $5,000.00 | $6,000.00 | $7,000.00 |
Conclusion
The Rivian company has a good potential to grow as the demand for EV vehicles is on the rise.
Rivian is a young company with strong team management, good product, and a large market to sell EV Vehicles.
