Is Rivian stock set for $20 after crushing Q1 earnings?
The post Is Rivian stock set for $20 after crushing Q1 earnings? appeared on BitcoinEthereumNews.com. ⚈ Rivian reported a $206M gross profit in Q1 2025, showing strong cost cuts and progress on its R2 vehicle and AI platform.⚈ The stock’s reaction was muted, reflecting market caution despite solid financials and growth potential.⚈ Analysts are mixed, with a $13.60 average price target and forecasts ranging from $6.10 to $23. Rivian (NASDAQ: RIVN) posted impressive Q1 2025 earnings, including a $206 million gross profit, potentially laying the groundwork for the stock to challenge the $20 resistance level. During the first three months of 2025, Rivian marked its second consecutive quarter of profitability with major improvements in cost efficiency. At the same time, the EV maker slashed its automotive cost of goods sold by over $22,600 per vehicle year-over-year, leading to gross profits of $92 million in automotive and $114 million in software and services. Despite fewer deliveries, revenue increased to $1.24 billion, and operating cash flow improved by 85%. While these developments create favorable conditions for RIVN stock to challenge the $20 level, the market’s immediate response has been muted. The Rivian shares closed the last trading session at $13.50, down 0.37%, and slipped another 1.56% after hours to $13.29. RIVN one-week stock price chart. Source: Finbold Rivian stock fundamentals Moreover, it’s worth noting that Rivian still has promising growth fundamentals, such as the AI-driven Autonomy Platform, which features advanced AI-centric functions and hands-free driving capabilities. The company has also expanded its commercial van business by partnering with HelloFresh. With $8.5 billion in liquidity and the newly announced joint venture with Volkswagen, Rivian is well-positioned for long-term growth. Additionally, Rivian targets positive gross profit for the full year 2025, the highly anticipated R2 launch in 2026, and a continued push toward scale and positive free cash flow while implementing measures to navigate global risks such as those…
The post Is Rivian stock set for $20 after crushing Q1 earnings? appeared on BitcoinEthereumNews.com.
⚈ Rivian reported a $206M gross profit in Q1 2025, showing strong cost cuts and progress on its R2 vehicle and AI platform.⚈ The stock’s reaction was muted, reflecting market caution despite solid financials and growth potential.⚈ Analysts are mixed, with a $13.60 average price target and forecasts ranging from $6.10 to $23. Rivian (NASDAQ: RIVN) posted impressive Q1 2025 earnings, including a $206 million gross profit, potentially laying the groundwork for the stock to challenge the $20 resistance level. During the first three months of 2025, Rivian marked its second consecutive quarter of profitability with major improvements in cost efficiency. At the same time, the EV maker slashed its automotive cost of goods sold by over $22,600 per vehicle year-over-year, leading to gross profits of $92 million in automotive and $114 million in software and services. Despite fewer deliveries, revenue increased to $1.24 billion, and operating cash flow improved by 85%. While these developments create favorable conditions for RIVN stock to challenge the $20 level, the market’s immediate response has been muted. The Rivian shares closed the last trading session at $13.50, down 0.37%, and slipped another 1.56% after hours to $13.29. RIVN one-week stock price chart. Source: Finbold Rivian stock fundamentals Moreover, it’s worth noting that Rivian still has promising growth fundamentals, such as the AI-driven Autonomy Platform, which features advanced AI-centric functions and hands-free driving capabilities. The company has also expanded its commercial van business by partnering with HelloFresh. With $8.5 billion in liquidity and the newly announced joint venture with Volkswagen, Rivian is well-positioned for long-term growth. Additionally, Rivian targets positive gross profit for the full year 2025, the highly anticipated R2 launch in 2026, and a continued push toward scale and positive free cash flow while implementing measures to navigate global risks such as those…
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