And while he pointed out that manufacturing is a regional business, not specifically a local one, he said they’re also seeing Rivian employees commuting in “because the housing just can’t catch up with the need.”

Source: https://jalopnik.com/rivian-illinois-factory-brought-jobs-some-housing-chaos-1850785154?utm_source=regular

Are Rivian and NIO Buys After Earnings?

Source: https://investorplace.com/market360/2023/03/7-over-100-stocks-over-100-stocks-to-buy-worth-every-penny/

Barclays analyst Daniel Levy doesn’t necessarily view Rivian Automotive as a “Tesla killer.”

Source: https://investorplace.com/2023/02/whos-giving-up-on-rivian-stock-and-whos-doubling-down/

Barclays reduced their price objective on Rivian Automotive from $28.00 to $22.00 in a research note on Wednesday.

Source: https://www.etfdailynews.com/2023/05/14/rivian-automotive-inc-nasdaqrivn-shares-sold-by-commonwealth-equity-services-llc/

Brands from Jaguar and Rivian to Jeep have recently launched new subdued, matte palettes.

Source: https://biztoc.com/x/90d49a4fa47676d2?ref=ff

By almost any metric or comparison, Rivian spends more money that peers.

Source: https://biztoc.com/x/744b35f6a65f10b1?ref=ff

Competitors have rushed into the electric truck market, including the Ford F-150 Lightning and Rivian Automotive’s R1T.

Source: https://ktar.com/story/5516832/teslas-1st-electric-pickup-has-rolled-off-the-assembly-line-company-says/

D.A. Davidson & CO. increased its stake in shares of Rivian Automotive by 9.1% during the first quarter.

Source: https://www.etfdailynews.com/2023/05/27/raymond-james-associates-trims-stock-position-in-rivian-automotive-inc-nasdaqrivn/

Equities analysts expect that Rivian Automotive, Inc. will post -7.46 EPS for the current fiscal year.

Source: https://www.etfdailynews.com/2023/01/01/arkadios-wealth-advisors-invests-260000-in-rivian-automotive-inc-nasdaqrivn/

Even if the Cybertruck does really well, there should still be opportunities for Rivian if the speed of BEV adoption quickens in the pickup space.

Source: https://seekingalpha.com/article/4641074-rivian-a-path-for-bev-pickup-truck-leadership-in-the-us?source=feed_all_articles

Even though Rivian correctly highlights the gross profit per unit delivered dipped ~$35K, the company is still losing nearly $33K per unit.

Source: https://seekingalpha.com/article/4634660-rivian-focus-on-production-progress-over-perfection?source=feed_all_articles

FedEx, Rivian Automotive, and DraftKings have joined a growing list of U.S. corporations announcing job cuts.

Source: https://ktar.com/story/5430002/fedex-rivian-draftkings-join-us-companies-cutting-jobs/

Finally, Needham & Company LLC reiterated a “buy” rating and issued a $31.00 target price on shares of Rivian Automotive in a research report on Thursday, August 24th.

Source: https://www.etfdailynews.com/2023/09/11/corton-capital-inc-buys-28441-shares-of-rivian-automotive-inc-nasdaqrivn/

Finally, Spire Wealth Management lifted its stake in Rivian Automotive by 37.7% during the 1st quarter.

Source: https://www.americanbankingnews.com/2023/08/20/67770-shares-in-rivian-automotive-inc-nasdaqrivn-purchased-by-tredje-ap-fonden.html

Finally, Wells Fargo & Company decreased their price objective on Rivian Automotive from $24.00 to $19.00 and set an “equal weight” rating for the company in a report on Wednesday, November 8th.

Source: https://www.americanbankingnews.com/2023/12/12/bay-colony-advisory-group-inc-d-b-a-bay-colony-advisors-buys-25113-shares-of-rivian-automotive-inc-nasdaqrivn.html

For instance, Lucid and Rivian fell short of walked-back expectations last year.

Source: https://investorplace.com/2023/04/psny-stock-is-an-ev-play-to-get-revved-up-about/

From a technical perspective, Rivian looks neutral heading into the event, trading in a bearish inside bar pattern but above the 200-day simple moving average (SMA).

Source: https://www.benzinga.com/trading-ideas/long-ideas/23/08/33640876/trading-strategies-for-rivian-stock-before-and-after-q2-earnings

Future Fund Managing Partner for one, is optimistic about the deal and sees Rivian delivering 54,000 vehicles, including 14,000 delivery vans, for the entire year.

Source: https://www.benzinga.com/news/23/12/36377296/drone-footage-captures-accelerated-production-of-electric-vans-at-rivian-factory

However, with a growing EV market, Rivian is faced with a challenge to capitalize on its production inefficiencies.

Source: https://seekingalpha.com/article/4614756-rivian-navigating-production-inefficiencies-capitalize-growing-markets?source=feed_all_articles

Investors expecting an ideal entry point for Rivian may need to wait for the company to align expectations with actual performance.

Source: https://investorplace.com/2023/06/can-rivian-go-from-cash-burn-king-to-turnaround-ev-titan/