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Why Bernstein sees more than 50% downside in Rivian sharesEven if Rivian successfully launches its R2 and R3 models and refreshes its R1 lineup, Bernstein analysts estimate that adjusted EBITDA break-even will not occur until 2029. Free cash flow (FCF ...
Unfortunately for the bulls, Bernstein analyst Daniel Roeska doubts Rivian is up to the task. “We expect Rivian to fall short of its improvement goals set out at the beginning of 2024,” Roeska ...
Bernstein analyst Daniel Roeska maintained a Sell rating on Rivian Automotive (RIVN – Research Report) today and set a price target of $6.10. The company’s shares closed yesterday at $12.44.
EV maker achieves a 'sizeable' beat on gross profit, but stock falls as outlook disappoints Rivian Automotive Inc. made good on its promise to get to its first quarterly gross profit and blew past ...
After strong demand, Rivian will offer second-gen R1S SUV and R1T pickup owners its Performance upgrade through its upcoming 2025.06 software update. Rivian’s head of software, Wassym Bensaid ...
Rivian (RIVN) hit its goal of achieving a positive gross profit in the fourth quarter. The EV maker released its fourth-quarter earnings after the market closed on Thursday. Here’s a full ...
Investing.com -- Bernstein on Wednesday reiterated its Underperform rating and the $6.10 price target on Rivian (NASDAQ:RIVN) shares, implying a 51% downside from the stock’s last closing price ...
Investing.com -- Bernstein on Wednesday reiterated its Underperform rating and the $6.10 price target on Rivian (NASDAQ:RIVN) shares, implying a 51% downside from the stock’s last closing price of $12 ...
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