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Buy Or Sell Rivian Automotive Stock?
Forbes· 2025-11-06 21:40
Rivian Automotive (RIVN) shares have increased by 23% over the last day and are currently priced at $15.42. The gains come after Rivian’s better than expected Q3 2025 results. Revenue grew 78% from last year to $1.56 billion, while gross profit turned positive, coming in at $24 million, ending two consecutive quarters of gross losses. The company also confirmed that it would launch its cheaper R2 SUV during the first half of 2026, a move which could further drive revenue growth.SOUTH SAN FRANCISCO, CALIFORN ...