Rivian Stock Price Prediction 2022, 2023, 2024, 2025, 2030

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Rivian Stock Price Prediction 2022, 2023, 2024, 2025, 2030: Founded in 2009 by CEO R.J. Scaringe, Rivian’s consumer offerings—a pair of pre-production electric vehicles—made a huge splash when they were revealed in 2018, thanks to their sleek styling and assortment of premium features (like an optional camp stove integrated into a compartment between the rear wheels and the rear passenger seats) not found on traditional trucks or SUVs.

Its current consumer-facing lineup, the R1T pickup truck and R1S SUV, are built on Rivian’s “skateboard platform,” which grants the company increased flexibility when it comes to creating different types of vehicles, like its electric delivery trucks. The platform, a chassis upon which a car can be built, houses the car’s essential components like electric motors, battery packs, and suspension systems, all neatly packaged below the vehicle body, giving it a lower center of gravity than traditional combustion engine cars.

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Rivian Company Profile

Rivian stock price prediction 2022, 2023, 2024, 2025, 2030

Rivian exists to create products and services that help our planet transition to carbon-neutral energy and transportation. Rivian designs, develops, and manufactures category-defining electric vehicles (“EVs”) and accessories and sells them directly to customers in the consumer and commercial markets. Rivian complements its vehicles with a full suite of proprietary, value-added services that address the entire lifecycle of the vehicle and deepen its customer relationships.

Starting with a clean sheet, Rivian built a vertically integrated ecosystem comprised of its vehicle technology platform, cloud architecture, product development and operations, products, and services. Interconnected by its data and analytics backbone, Rivian ecosystem is designed to deliver fast-paced innovation cycles, structural cost advantages, and exceptional customer experiences. Rivian produced 1,015 and delivered 920 vehicles for the full year of 2021.

Consumer Services

Complementing its consumer vehicles, Rivian current and future suite of value-added services include digitally-enabled financing, telematics-based insurance, proactive vehicle service (maintenance and repair), flexible membership and software services, comprehensive charging solutions, and a data-driven vehicle resale program. These services will generate long-term brand loyalty while also creating a recurring revenue stream for each vehicle across its lifecycle.

Comprehensive Charging Solutions

Rivian is building charging solutions powered primarily by in-house developed hardware and software that include Rivian Adventure Network Rivian Adventure Network Direct Current fast-charging sites (“RAN DCFCs”) and Rivian Waypoints chargers.

Rivian solutions are designed to be cost-effective and aim to deliver clean energy to its customers while offering a convenient and seamless charging experience. In addition to deploying its own chargers, Rivian is also partnering with other nationwide Combined Charging Standard (“CCS”) network operators intended to ensure charging is always easily accessible even in the early stages of our infrastructure development.

Rivian Stock Price Prediction 2022

In the commercial market, The company launched the Rivian Commercial Vehicle (“RCV”) platform, which underpins the Electric Delivery Van (“EDV”), designed and engineered by Rivian in collaboration with Amazon.com, Inc. and its affiliates (collectively, “Amazon”), our first commercial customer. The EDV is a long-range, electric commercial step-in van designed for large-scale mass production and deployment in a centrally managed fleet. Amazon has ordered an initial volume of 100,000 vehicles globally, subject to modification as described.

Developed to be comfortable and easy to operate for drivers, The commercial vehicles are designed to achieve a lower total cost of ownership (“TCO”) for customers while supporting a path to carbon-neutral deliveries. Through the company’s work with Amazon, Rivian believes it will be well-positioned to leverage its learnings to build capabilities that will accelerate Rivian progress towards a leadership position in the commercial vehicle market and its deployment of new business models.

Currently, Amazon and other delivery companies typically choose from step-in van models from other manufacturers which lack advanced technology and sustainability features. After purchasing stock vehicles, fleet operators like Amazon typically work with aftermarket upfitters to develop a complete solution with shelving and driver monitoring systems. Rivian, in collaboration with Amazon, designed the EDV holistically to support last-mile applications, enabling the vans to leave the Rivian factory ready to be put into service. We believe certain aspects of the EDV ’s design and styling will remain exclusive to Amazon. By considering all these factors, Rivian stock price prediction for 2022 is $33.

Rivian stock price prediction 2022
$33

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Rivian Stock Price Real-Time chart

Rivian Technical Analysis

Rivian Stock Price Prediction 2023

The modular upper structure, closures, interior, and skateboard platform enable a significant amount of commonality across any EDV variants to simplify servicing and maintenance across the fleet. The EDV also features integration with its end-to-end fleet management software, built to maximize fleet efficiency and uptime while minimizing costs through predictive maintenance, intelligent charging, power management, and last-mile focused telematics features.

EDV-700

The EDV-700 is the 700 cubic foot version of the EDV and was the first vehicle delivered to Amazon in 2021. The vehicle’s design is optimized for last-mile delivery use cases and includes a rear roll-up door ideal for warehouse bulk loading, which eliminates cargo area side doors that would otherwise consume valuable precious cargo storage. The vehicle’s features also include an integrated automatic bulkhead door designed for safety and security, a tall roof to allow drivers to walk through the vehicle, driver-centric ergonomics creating space for package handling, and a curbside sliding door designed for ease of package handling and safe vehicle access away from traffic.

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EDV-500

The EDV-500 is the 500 cubic foot version of the EDV, and Rivian has successfully produced pre-production EDV-500 vehicles, as well as a European version, in its manufacturing facility in Normal, Illinois, (the “Normal Factory”) during 2022. The EDV-500 is a narrower and shorter version of the EDV-700 and an important vehicle for expanding to markets and geographies for which smaller form factors are better suited. Rivian expects to begin production of salable units in 2022. Rivian stock price prediction for 2023 is $45.

Rivian stock price prediction 2023
$45

Rivian Stock Price Prediction 2024

Alongside its commercial vehicles, Rivian offers FleetOS, its proprietary, end-to-end centralized fleet management subscription platform. It encompasses vehicle distribution, service, telematics, software services, charging, connectivity management, Driver+, and lifecycle management. Building upon this foundation, FleetOS will continually add more features over time, including leasing, financing, insurance, driver safety, and coaching, smart charging and routing, remote diagnostics, 360° collision reports, and vehicle resale.

Strengths of Rivian

  • Performance and Growth: High potential of investments, holding approximately $276 billion of market value.
  • Innovation: Holds 45 patents for exterior design, mechanical projects, battery, and electric sources, interior design, autonomous driving systems, and others. It also has in its portfolio 34 registered trademarks.
  • Manufacturing: Has four primary locations. The HQ in Irvine, California, is dedicated to vehicle engineering, design, propulsion, and battery system development, adding commercial functions. A facility in Plymouth, Michigan,
  • focuses on vehicle engineering, prototyping, supply chain, and accounting. A facility in Palo Alto, California, developing self-driving technology and data. And a 2.6-million-square-foot factory in Normal, Illinois, manufactures vehicle components such as battery packs, paint shop, robotics, stamping machines, and production equipment.

Weakness of Rivian

  • Higher costs: Rivian will deploy its first model as soon as June 2021. The price starts at $67.500 going to $75.000. you can also pay up to $10.000 for accessories.
  • Limited models: The brand will only offer two models for its EVs. The R1T and R1S, are both SUV truck models.

Opportunities of Rivian

  • • International markets: Rivian is based in the US and intends to explore the US Market. But the growth opportunity in Asia and Europe can be relevant for the company.
  • • Reposition parts: The company holds a good number of patents and has intentions to deploy more projects. Also, with four production sites, the company can produce mid-market products, accessories, and spare parts.

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Threats of Rivian

  • Competition: Large global players are aggressively investing in electric vehicle production and development.
  • Lack of critical resources: There is a limited mineral resource available globally, and growing demand by other competitors could cause supply difficulties.

This cloud-based platform integrates and analyzes vehicle, infrastructure, and operations data, driving us toward industry-leading TCO, safety, and fleet utilization. We have designed FleetOS so it can be customized for a commercial customer’s operational needs. In addition to managing fleets of Rivian vehicles, FleetOS will be able to address mixed fleets comprised of Rivian and non-Rivian commercial vehicles, allowing us to serve a greater number of commercial customers at scale. By considering all these factors, Rivian stock price prediction for 2024 is $ 62.

Rivian stock price prediction 2024
$62

Rivian Stock Price Prediction 2025

Rivian direct-to-customer model allows the company to manage all sales, deliveries, service operations, and resales in-house, without reliance on a franchise dealership network or other third parties. We employ an integrated, digital-first strategy that is not only convenient and transparent for its customers, but also efficient and scalable to support its continued growth.

Rivian website and mobile app facilitate brand engagement, product discovery, demonstration drives, purchase transactions, vehicle deliveries, vehicle service, account management, and resale. Rivian believes this strategy will allow it to deliver uncompromised experiences well beyond what is available through the standard franchise dealership model.

Each element of Rivian ecosystem has been designed from a clean sheet, resulting in end-to-end integration across a range of complementary offerings. Rivian proprietary technology platform is the foundation of our ecosystem and is comprised of two interconnected elements: vehicle technology and Rivian Cloud.

This highly extensible platform will allow us to tailor its offerings to serve both the consumer and commercial markets, powering our products and complimentary services. Our product development and operations infrastructure are deeply integrated with its technology platform, making it easier to deliver on our ambitions. The Rivian ecosystem consists of the following components:

Vehicle Technology

A secure, reliable, scalable combination of hardware and software, connecting our proprietary in-vehicle systems, including vehicle electronics, battery, electric drive, chassis, Driver+, and experience management.

Rivian Cloud

Rivian architecture of interconnected software applications is designed to deliver seamless, end-to-end digital commerce solutions and experiences across web, mobile, and app. Rivian Cloud enables FleetOS, remote diagnostics, OTA software updates, and remote vehicle controls, including vehicle access.

Product Development and Operations

Rivian vertically integrated product development and operations functions include design, development, manufacturing, sales, delivery, service, and charging. These functions serve the unique needs of its consumer and commercial customers.

Products and Accessories

Rivian consumer portfolio is comprised of category-defining vehicles that reimagine the pickup truck and SUV segments. We entered the commercial market with long-range electric step-in vans developed for mass production. The EDV is designed to lower TCO, improve uptime, and facilitate Amazon’s progress in its commitment to net zero carbon operations. Rivian expects its products and accessories to provide access to new markets and bring new customers into our ecosystem.

Services

Rivian offers highly tailored and differentiated services that enable seamless and intuitive experiences throughout the entire customer lifecycle. We expect this holistic approach to driving higher customer satisfaction, create strong brand loyalty, and increase operational efficiency while simultaneously allowing us to capture a greater share of the full lifecycle value of every Rivian vehicle produced.

Data and Analytics

Rivian ecosystem is interconnected by its proprietary data and analytics backbone housed in Rivian Cloud. It is comprised of a centralized data lake and analytics tools, providing valuable insights that can be applied to continuously improve ecosystem-wide performance, functionality, and uptime to drive increased customer satisfaction. By considering all the above-mentioned factors, Rivian stock price prediction for 2025 is $86.

Rivian stock price prediction 2025
$86

Rivian Stock Price Prediction 2030

Rivian ecosystem is designed to be highly scalable, flexible, integrated, and interconnected to power an immersive customer journey. This will enable us to maximize our impact by addressing both the consumer and commercial markets simultaneously. Rivian can deploy its offerings at scale using a shared, vertically integrated technology platform, comprised of vehicle technology and Rivian Cloud, with network effects that will build data insights to improve its ecosystem.

By utilizing its common technology platform, we generate synergies and scale efficiencies, enabling us to increase its pace of innovation and create offerings that serve the unique needs of our customers. Rivian direct-to-customer relationships and connected vehicle technologies allow it to gather customer and product insights over the full lifecycle of its vehicles.

Rivian will utilize these insights to continuously improve its offerings by adding new capabilities and functionality. Enhanced offerings will attract more customers, deepen existing customer relationships, and expand its data repository and insights, which will further benefit its customers and Rivian.

2020 compared to 2019

R&D expenses increased by $465 million, or 154%, for the year ended December 31, 2020, compared to the year ended December 31, 2019. This increase was primarily due to a $212 million increase in engineering, design, and development costs and a $182 million increase in payroll and subcontracting expenses.

The primary drivers for these higher expenses were Rivian increased efforts related to its R1 and EDV programs and other advanced product development activities. During this period, Rivian started its pre-production vehicle builds, which required significant investment to manufacture and test vehicles, and had higher personnel costs to support these activities.

2021 compared to 2020

R&D expenses increased by $1,084 million, or 142%, for the year ended December 31, 2021, compared to the year ended December 31, 2020. This increase was primarily due to a $344 million increase in the cost of prototype materials and supplier R&D, a $293 million increase in payroll and related expenses, and $277 million in stock-based compensation expenses.

The primary drivers for these higher expenses were Rivian increased efforts related to its R1 and EDV programs, important investments related to other advanced product development activities, and higher headcount and personnel costs. Rivian plans to continue to invest in future vehicle platforms and vertical integration, as well as current technologies, including in-vehicle and Rivian Cloud.

2020 compared to 2019

SG&A expenses increased by $147 million, or 136%, for the year ended December 31, 2020, compared to the year ended December 31, 2019. This increase was primarily due to an $89 million increase in payroll and related expenses and a $25 million increase in facilities and other occupancy costs, driven by higher headcount and office location expansions.

2021 compared to 2020

SG&A expenses increased by $987 million, or 387%, for the year ended December 31, 2021, compared to the year ended December 31, 2020.

This increase was primarily due to a $258 million increase in payroll and related expenses, $277 million of stock-based compensation expense (which was not recognized in prior periods, given Rivian IPO occurred during the year ended December 31, 2021), a $103 million increase in facilities and other occupancy costs, a $66 million increase in subcontractor and other professional fees, and an increase in other miscellaneous operating expenses, including fees for contract cancellations, certain logistics costs, promotional costs, expenses for information technology, and travel, meal, and entertainment costs.

The primary drivers for these higher expenses were its efforts to further scale our sales and service operations, office locations, customer-facing facilities, and other corporate functions to support its future business growth, including higher headcount and increased personnel costs. Rivian also plans to make corresponding investments in its facilities, service network, commercial operations, and technology for its future operations. Rivian stock price prediction for 2030 is $230.

Rivian stock price prediction 2030
$230

Rivian Stock Price Prediction 2022, 2023, 2024, 2025, 2030

YearStock Price Prediction
Rivian Stock Price Prediction 2022$33
Rivian Stock Price Prediction 2023$45
Rivian Stock Price Prediction 2024$62
Rivian Stock Price Prediction 2025$86
Rivian Stock Price Prediction 2030$230

FAQ

What is the forecast for Rivian stock?

Rivian stock price prediction for 2022 is $33, Rivian stock price prediction for 2023 is $45, Rivian stock price prediction for 2024 is $62, Rivian stock price prediction for 2025 is $86, and Rivian stock price prediction for 2030 is $230.

Is Rivian a good stock to buy now?

Yes, Rivian is a good stock to buy now and hold for long term. Rivian already corrected a lot so you can buy Rivian now and hold it for long-term returns.

What is the future of Rivian stock?

The future of Rivian stock is bright, as the EV market has a lot opportunities to grow in the future.

Who owns Rivian?

Amazon owns about 17.7% of Rivian, while Ford owns 11.4%.