|Bid||17.95 x 3000|
|Ask||17.99 x 1200|
|Day's Range||16.62 - 18.08|
|52 Week Range||11.68 - 31.34|
|Beta (5Y Monthly)||2.05|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 26, 2024 - Mar 01, 2024|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.80|
A move toward mass adoption of electric vehicles now looks like it will become a true reality in the next few years -- providing exciting opportunities for investors. If you're looking for an up-and-coming electric-vehicle (EV) stock to ride that wave, Rivian Automotive (NASDAQ: RIVN) should be high on your list of candidates. The good news is that Rivian's R1T and R1S are highly regarded for their quality.
Detroit automakers such as Ford Motor Company (NYSE: F) and General Motors are well-known for manufacturing large SUVs and trucks -- it's long been their bread and butter. Is Ford's all-new F-150 Lightning Flash the answer to topping Rivian and improving its overall EV sales? It's fair to expect that Rivian coming into the EV space as a start-up automaker and outselling Ford's F-150 Lightning with its R1T would ruffle some feathers.
Before you accelerate into an investment with this EV stock, it's best to pump the brakes and get to know it a little better.