Rivian Automotive Inc
RIVN (NASDAQ)
Rivian has shown a notable 1-year return of 18.83%, but its long-term outlook remains concerning with a staggering 5-year return of -84.84%. Analysts have set a median 12-month price target of $18.00, with recent downgrades from UBS and Wolfe Research indicating a cautious sentiment; the stock is currently rated C-. Investors may want to weigh these insights carefully before making decisions.
Pros:
- Recent positive return of 13.87% over the last 3 months
- Direct sales model to consumers
Cons:
- Significant negative 5-year return of -84.84%
- Underperformance compared to industry growth
Rivian Automotive Inc (RIVN) may be suitable for investors with a high-risk tolerance who are looking for potential short-term gains, given its recent one-year return of 18.83%. However, the significant long-term decline and analyst downgrades suggest that cautious investors should carefully consider their risk exposure before committing to this stock.