Rivian Releases Fourth Quarter and Full Year 2022 Financial Results

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Go back to Rivian Releases Fourth Quarter and Full Year 2022 Financial Results

Needham reinstates Rivian (RIVN) at Buy

March 1, 2023 8:22 AM EST

Needham reinstated coverage of Rivian Automotive (NASDAQ: RIVN) with a Buy rating and $26.00 price target.

Analyst, Chris Pierce wrote in a note, RIVN's initial vehicle production guidance for '23 is well below consensus delivery estimates, likely causing a material reset in investor expectations.... More

Needham & Company Reinstates Rivian Automotive Inc (RIVN) at Buy

March 1, 2023 7:37 AM EST

Needham & Company analyst Chris Pierce reinstates coverage on Rivian Automotive Inc (NASDAQ: RIVN) with a Buy rating and a price target of $26.00.

The analyst comments "We reinstate coverage of RIVN with a Buy rating and a $26 price target. RIVN's initial vehicle production... More

Rivian Automotive (RIVN) Tops Q4 EPS by 9c, Revenue Miss

February 28, 2023 4:11 PM EST

Rivian Automotive (NASDAQ: RIVN) reported Q4 EPS of ($1.87), $0.09 better than the analyst estimate of ($1.96). Revenue for the quarter came in at $663 million versus the consensus estimate of $729 million.

GUIDANCE:

Sees FY 2023 vehicles produced of 50,000, and adj-EBITDA of ($4.3) billion.

For earnings history and earnings-related data on Rivian Automotive (RIVN) click here.

... More