EV, if it’s not TSLA sell.
Prediction for Rivian Stock Price on Thursday and Friday
Based on Rivian’s weak fundamentals, technical indicators, and increasing competition, the stock is likely to experience downward pressure. Here’s the reasoning:
Based on Rivian’s weak fundamentals, technical indicators, and increasing competition, the stock is likely to experience downward pressure. Here’s the reasoning:
Predicted Price Range:
• Thursday: $12.75 to $13.5
• Friday: $11.75 to $12.75
• A 6-9% decline is possible by Friday if bearish momentum continues, especially if there is no significant positive news or catalyst for Rivian.
Key Risks to the Prediction:
• Short-term volatility: Unexpected news, broader market rallies, or institutional buying could cause temporary spikes in price.
• Sector-wide optimism: Positive developments in the EV sector may lift all EV stocks, including Rivian, despite its individual challenges.
• Thursday: $12.75 to $13.5
• Friday: $11.75 to $12.75
• A 6-9% decline is possible by Friday if bearish momentum continues, especially if there is no significant positive news or catalyst for Rivian.
Key Risks to the Prediction:
• Short-term volatility: Unexpected news, broader market rallies, or institutional buying could cause temporary spikes in price.
• Sector-wide optimism: Positive developments in the EV sector may lift all EV stocks, including Rivian, despite its individual challenges.
Ranked: Most Significant Reasons for Rivian’s Decline
1. Overcrowded and Competitive EV Market
• Rivian faces intense competition from established players like Tesla, Lucid, Hyundai, Ford, and Volkswagen, all of whom have stronger production capabilities, established infrastructure, and broader consumer appeal. Rivian lacks a clear competitive advantage to stand out.
2. Weak Financials and Production Challenges
• Q3 2024 earnings revealed a net loss of $1.08 per share and a 34% year-over-year revenue decline. Production inefficiencies, compounded by component shortages, hinder Rivian’s ability to scale and deliver vehicles profitably.
3. Volkswagen Partnership Risks
• Rivian’s joint venture with Volkswagen may dilute its proprietary software, eroding a critical differentiator. The conditional nature of VW’s investment reflects skepticism about Rivian’s ability to achieve profitability in a reasonable timeframe.
4. Limited Progress Despite Long History
• Rivian’s roots as Avera Motors (2011) failed in the sports car segment, forcing a decade-long pivot to EVs. Despite the time and investment, Rivian has made limited progress compared to its competitors in the fast-growing EV space.
5. Lagging Charging Infrastructure
• Heavy investments in Rivian’s Adventure Network are being overshadowed by Tesla’s Supercharger dominance, now open to other EVs, and the resurgence of Ionna the Global partnership formed up by seven of the world largest automakers and their relevent leading eocnomies. This underutilized network adds further financial strain.
6. Bearish Technical Signals
• An Evening Star candlestick pattern on Rivian’s stock chart signals likely downward momentum, adding to negative investor sentiment.
1. Overcrowded and Competitive EV Market
• Rivian faces intense competition from established players like Tesla, Lucid, Hyundai, Ford, and Volkswagen, all of whom have stronger production capabilities, established infrastructure, and broader consumer appeal. Rivian lacks a clear competitive advantage to stand out.
2. Weak Financials and Production Challenges
• Q3 2024 earnings revealed a net loss of $1.08 per share and a 34% year-over-year revenue decline. Production inefficiencies, compounded by component shortages, hinder Rivian’s ability to scale and deliver vehicles profitably.
3. Volkswagen Partnership Risks
• Rivian’s joint venture with Volkswagen may dilute its proprietary software, eroding a critical differentiator. The conditional nature of VW’s investment reflects skepticism about Rivian’s ability to achieve profitability in a reasonable timeframe.
4. Limited Progress Despite Long History
• Rivian’s roots as Avera Motors (2011) failed in the sports car segment, forcing a decade-long pivot to EVs. Despite the time and investment, Rivian has made limited progress compared to its competitors in the fast-growing EV space.
5. Lagging Charging Infrastructure
• Heavy investments in Rivian’s Adventure Network are being overshadowed by Tesla’s Supercharger dominance, now open to other EVs, and the resurgence of Ionna the Global partnership formed up by seven of the world largest automakers and their relevent leading eocnomies. This underutilized network adds further financial strain.
6. Bearish Technical Signals
• An Evening Star candlestick pattern on Rivian’s stock chart signals likely downward momentum, adding to negative investor sentiment.
Final Note:
Rivian’s stock is at risk of breaking below critical support levels, and without clear improvements or a strong catalyst, continued decline into the low $12 range is likely by the end of the week.
Conclusion
The most significant reasons for Rivian’s struggles stem from market competition and weak financial performance, compounded by risks from its Volkswagen partnership, slow progress, and lagging infrastructure. Without a significant turnaround, Rivian is unlikely to keep pace with its competitors and risks falling further behind in the race for EV dominance.
Conclusion
The most significant reasons for Rivian’s struggles stem from market competition and weak financial performance, compounded by risks from its Volkswagen partnership, slow progress, and lagging infrastructure. Without a significant turnaround, Rivian is unlikely to keep pace with its competitors and risks falling further behind in the race for EV dominance.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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