Added to YB: 2026-03-13
Pitch date: 2026-01-14
RIVN [bullish]
Rivian Automotive, Inc.
-12.47%
current return
Author Info
No bio for this author
Company Info
Rivian Automotive, Inc., together with its subsidiaries, develops, manufactures, and sells category-defining electric vehicles.
Market Cap
$20.5B
Pitch Price
$17.48
Price Target
N/A
Dividend
N/A
EV/EBITDA
-7.62
P/E
-5.38
EV/Sales
3.65
Sector
Automobiles
Category
turnaround
Rivian Automotive, Inc. - $RIVN
RIVN: R2 launch 1H26 is key catalyst after 3yrs sideways, 78% below IPO. Gen 2 R1 hit positive gross profit 4Q24 vs guidance. R2 targeting mass market at $54k ASP w/ half R1 BOM cost, 100% sourced. Bears model flat 2026 auto sales (50.6k units), setting low bar. Bulls see path to 430k units (70% of 615k Normal+Georgia capacity) = $28.5B rev, $4.3B EBITDA at 15% margin. 15-20x = $64-86B value. Near-term risk: $1.5B 4Q24 cash burn, needs raise 1H26 to bridge to profitability (2027 adj EBITDA+ guidance). VW deal adds $2B in 2026. RJ compensation realigned to stock price hurdles $40-$140. Short interest 15%.
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