When predicting more than 3 years out, we expect Rivian’s P/S ratio in 2028 to be 2.5x and top line growth of 50%. In 2028, we have Rivian’s revenue coming in around $25 billion, suggesting a ...
Along with product line expansion, Rivian has more than $6 billion in cash on the balance sheet with more coming in from partner Volkswagen. Legg’s price target is based on 18 times his ...
Rivian Automotive shares are trading lower by 1.7% during Tuesday's session. Analyst Mickey Legg of Benchmark on Monday initiated coverage with a Buy rating. What To Know: Legg expressed optimism ...
Rivian (RIVN) stock jumped on Monday as investment bank Benchmark initiated coverage on the stock with a Buy rating and a bullish $18 price target. Rivian has had a bumpy ride this year, with ...