Is Rivian Stock a Millionaire Maker? - MSN

When it went public in 2021, Rivian was generating annual sales of just $55 million. In 2024, annual sales surpassed $5 billion. The best news is that Rivian's biggest days of growth are likely ...

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Is Rivian Stock A Millionaire Maker? - MSN

2 weeks from now

When it went public in 2021, Rivian was generating annual sales of just $55 million. In 2024, annual sales surpassed $5 billion. The best news is that Rivian's biggest days of growth are likely ...

msn.com

$55
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Is Rivian Stock A Millionaire Maker? - Nasdaq

2 weeks from now

8 hours ago · When it went public in 2021, Rivian was generating annual sales of just $55 million. In 2024, annual sales surpassed $5 billion. Is Rivian Stock a Millionaire Maker? | Nasdaq

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Is Rivian Stock A Buy, Sell, Or Hold After Q4 Deliveries Report? - MSN

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RIVN stock has been caught in a fierce tug-of-war between bulls and bears this past year. Though still a long way from its 2021 and 2022 peaks,down 27% over the past 52 weeks, the stock has ...

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Here's Why Rivian Stock Is A Buy Before Feb. 20 - MSN

2 weeks from now

Rivian's (NASDAQ: RIVN) stock price has been volatile over the last 12 months, gyrating in price between $8 and $20. But make no mistake: Long term, this electric vehicle (EV) maker has …

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FAQs about Is Rivian Stock a Millionaire Maker? - MSN Coupon?

Is Rivian a millionaire stock?

So to be a millionaire market stock, you'll need to invest a hefty sum right off the bat. But if Rivian can execute, expect its valuation multiple to rebound closer to Tesla's 5 times sales valuation. At that multiple, a $40,000 investment today could become $1 million or more over the next six years. ...

Could Rivian be a Millionaire Maker?

However, so far, Rivian has executed well and appears to be on a solid upward trajectory with its business. So the final call is that Rivian could be a millionaire maker, but only if you have the stomach for a more aggressive investment approach. Reuben Gregg Brewer has no position in any of the stocks mentioned. ...

Is Rivian a good stock to buy?

I think the depressed valuation -- Rivian's market cap right now is just $11 billion -- is attractive enough to warrant the attention of investors. Assuming a sales ramp similar to Tesla's, it's possible that Rivian is generating annual revenue of around $30 billion by 2030. ...

How much is Rivian worth?

Assuming a sales ramp similar to Tesla's, it's possible that Rivian is generating annual revenue of around $30 billion by 2030. Even at its depressed valuation multiple, that would imply a total valuation of nearly $60 billion -- more than 5 times its current value. ...

Will Rivian make a profit?

This push to the mass market will make the next few years crucial for Rivian, which has yet to turn a gross profit. Rivian is guiding for approximately 52,000 deliveries this year, only a minor increase from last year's 50,122. Volume isn't going up nearly fast enough to meaningfully slow Rivian's $5.1 billion cash loss over the past four quarters. ...

Should investors buy Rivian Automotive (Rivn)?

Investors weigh in. Rivian Automotive (NASDAQ: RIVN) has lost almost all its value in a short period, with shares down by an eye-watering 92% since hitting public markets in late 2021. However, the company still promises patient investors the opportunity to get in on the ground floor of the long-term electric vehicle (EV) opportunity. ...