In the first quarter, U.S. auto sales exceeded industry forecasts by a wide margin as buyers rushed to purchase new cars before the tariffs went into effect, which many believe will raise car prices. According to S&P Global Mobility’s tariff analysis, the costs of importing vehicles, auto manufacturing in the US, and consumer vehicle costs will all rise. Electric cars, often known as electric vehicles or EVs, are automobiles powered by electricity instead of gas. Electric car stocks are comprised of companies that primarily manufacture electric vehicles. Firms that make components for electric vehicles, such as batteries or autonomous driving systems, are also regarded as part of the electric vehicle industry. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Rivian Automotive.
Dan Levy, Barclays senior equity research analyst, joins ‘Squawk Box’ to discuss President Trump’s 25% tariffs on all foreign cars, impact on automakers and consumers, and more. Overall, RIVN ranks 4th on our list of the 12 Best EV Stocks To Buy in 2025. While we acknowledge the potential of EV companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame.
Although the company does its manufacturing in the U.S., it sources many of its components and raw materials from outside the U.S., like other automakers. Enter your email address and we’ll send you our list of which EV stocks show the most long-term potential. “So in our case, it is a mix. Given the new environment from a tariff point of view, we’re working really hard to see what we can change, but they’re difficult to change.” We sifted through EV ETFs and online rankings to form an initial list of the 20 Best EV stocks. From the resultant dataset, we chose 12 stocks with the highest number of hedge fund investors, using Insider Monkey’s database of 1,009 hedge funds in Q to gauge hedge fund sentiment for stocks.
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Even though a company’s earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It’s almost impossible for a company to grow its earnings without growing its revenue for long periods. The question, though, is whether the long-term prospects are enough to make the stock a buy right now. Explore Rivian Automotive stock price, quotes, charts and forecasts with Benzinga.
- Rivian recently announced first-quarter deliveries of 8,640 which was a 36% Yo…
- The company just managed to turn gross-margin positive last quarter, when it produced a modest gross profit.
- “We developed the software stack, the electronics, but there are a lot of components that come from a global supply chain.”
- Overall, RIVN ranks 4th on our list of the 12 Best EV Stocks To Buy in 2025.
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Rivian Automotive, Inc. is an OEM EV manufacturer focused on pickup trucks and SUVs. The company was founded in 2009 and is based in San Jose, California. Rivian is among the greenest of the EV makers choosing to achieve carbon neutrality well ahead of the Paris Climate Accord timeline. Rivian’s Q earnings report showed a a concise guide to macroeconomics positive gross profit and reduced COGS per vehicle, signaling improved production efficiency and cost management.
In regard to its capabilities, the truck can go from 0 to 60 in 3 seconds, tow up to 11,000 pounds, and wade through 3 feet of water with no problems. Micromobility startup Also said on Wednesday it has been spun-off from electric-vehicle maker Rivian Automotive with $105 million in Series B funding from venture capital firm Eclipse and will focus o… The new startup is to be called Also Inc. and will focus on small, lightweight vehicles.
Previous reports delivered winners like APP (+97.3%), POWL (+61.8%), and SHOP (+46.4) in just 30 days. Don’t miss the chance to potentially position your portfolio for significant growth – download your free copy now. Our experts have identified 7 Zacks Rank #1 Strong Buy stocks poised for potential breakout in the coming weeks. Rivian Automotive is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. In addition, whether you “Accept All,” Deny Optional,” click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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Wall Street analysts believe that automakers’ and bittrex review suppliers’ equities will remain volatile in the near term. Several companies saw more than 60% of their U.S. sales in 2024 come from vehicles manufactured outside of the United States. Final assembly lines and minimal dependence on imports, especially in the EV industry, are projected to be more secure. President Trump’s 25% tariffs on imported automobiles have officially come into force, affecting roughly half of the US auto industry. According to S&P Global Mobility estimates, 46% of the 16 million automobiles sold in the United States in 2024 were not produced domestically. The policy also includes tariffs on specified vehicle parts, including engines and transmissions, which will go into effect on May 3.
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Joint ventures and luxury brands suffered a 45% decline, exporting only 47,000 units. Exports from Shanghai-based EV facilities fell 82.4% in March to 4,701 units, while first-quarter exports fell 56.9% to 38,147 vehicles. The China Passenger Car Association fears that Southeast Asia, which is significantly touched by new US tariffs, may witness a decline in demand. Export growth was originally projected to slow to 10% in 2025, down from 25% in 2024, but this could potentially fall. Domestic sales surged by 14.4% to 1.97 million units in March and 6.1% to 5.18 million in the first quarter.
- However, with the market downturn, it is now down about 15% on the year as of this writing.
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- For the next fiscal year, the consensus earnings estimate of -$2.12 indicates a change of +26.2% from what Rivian Automotive is expected to report a year ago.
- Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.
The signs that Trump’s policies are working are ‘vividly in the data,’ economic official says
Management has already gone to great strides to lower its production and manufacturing costs. It switched to a design that significantly reduces the number of electronic control units and the amount of wiring in its vehicles, while it also reworked its factory. Even before the market’s recent volatility, Rivian Automotive (RIVN 0.87%) has been a stock accustomed to seeing large price fluctuations. At one point last year, it fell about 65% from January to April after poor delivery numbers, only to soar more than 100% from its lows on the news of a partnership with Volkswagen. By now you’re likely curious about how to participate in the market for Rivian Automotive — be it to purchase shares, or even attempt to bet against the company.
Rivian CEO discusses tariffs, says EV maker has ‘very US-centric supply chain’
Upgrade to MarketBeat All Access to add more stocks candlestick chart excel to your watchlist. Sign-up to receive the latest news and ratings for Rivian Automotive and its competitors with MarketBeat’s FREE daily newsletter. Rivian is also building the Rivian Adventure Network, a series of charging stations along popular routes and out-of-the-way destinations. The charging stations can add up to 120 miles of range to a battery pack in just 20 minutes. The company is planning to launch at least 2500 stations nationwide.
Electric vehicle maker Rivian is spinning out a startup focused on small EVs designed for short trips, with investment from venture capital firm Eclipse. Discover which analysts rank highest on predicting the directional movement of RIVN. He said there needs to be “different form factors, different features, different brands and styling and aesthetic treatments to what a car looks like” among EVs. China recently imposed restrictions on the exportation of certain rare earth metals and magnets from its country. Scaringe said “there’s a tremendous amount of content that’s coming from suppliers that are both in the U.S. but also suppliers who are elsewhere” while looking inside the R1S with Claman. Privacy Policy | No cost, no obligation to buy anything ever.Past performance is no guarantee of future results.
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The Rivian R1S began production in 2022 and began deliveries later that year. The R1S comes with a 260 to 320-mile range and can also wade through 3 feet of water. The R1S also boasts the ability to rock crawl up a 100% incline or 45-degree slope. The R1T comes with 8 different drive modes geared for offroading, city adventures, and everything in between. Among the choices is the “Drift” mode which proactively distributes power to offset traction control and increase the “fun” factor. The vehicle comes with a 240 to 400-mile range depending on the battery and motor combination and individual driving styles.