Rivian Stock Predictions 2024. If the perfect storm unfolds in 2024 and there's any hangover in 2025, rivian's position could very well be worse three years from now than it is today. The average rivian automotive stock price prediction forecasts a potential upside of 81.42% from the current rivn share price of $9.04.
Rivian is expected to increase revenue by 13% in fiscal 2024 and by 69% in fiscal 2025, said the note. Apr 26 2:16pm et rivian to open its dc fast charging network to all compatible vehicles in 2024 by tipranks apr 25 12:20pm et lost money on rivian.
In Fact, Management Expects 50% Of Its Gross Profit/Loss.
Rivian increased its production target twice in 2023.
According To Cnbc, Mcnally “Expects Gross Margin To Break Even By The End Of 2024.” Morgan Stanley Analysts Also Believe That Rivian Carries “Sufficient Liquidity” To.
The average price target represents an increase of 103.62% from the last closing price of $8.84.
The Average Price Target Represents An Increase Of 103.62% From The Last Closing Price Of $8.84.
The forecasts range from a low of $9.00 to a high of $36.00.
For Context, In 2023, Production Increased.
Our forecast for rivn stock price in 2024 now indicates an average price target of $37.46 with a high forecast of $73.79 and a low forecast of $1.1412.
Rivn) Prospects For 2024 To Determine His Estimate Of Where Rivian's Stock.