Previous close | 21.53 |
Open | 21.60 |
Bid | 20.34 x 1100 |
Ask | 20.50 x 1000 |
Day's range | 20.58 - 21.93 |
52-week range | 11.68 - 37.39 |
Volume | |
Avg. volume | 48,186,647 |
Market cap | 19.522B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | -6.12 |
Earnings date | 07 Nov 2023 - 13 Nov 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 29.09 |
Archer Aviation is developing an electric air taxi that is garnering interest from the U.S. military.
Rivian Automotive (NASDAQ: RIVN) first captured investors' attention back in 2019 when it struck a blockbuster deal with Amazon. Rivian agreed to supply the e-commerce titan with a whopping 100,000 electric delivery vans. Amazon no doubt saw the promise of Rivian's technology, as well as its potential to earn a sizable share of a global EV market that's set to top $900 billion by 2028, according to Statista.
The average brokerage recommendation (ABR) for Rivian Automotive (RIVN) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?