Sponsored

$RIVN closed above its 200 day moving average for the first time

strykerwsu

Well-Known Member
Joined
Dec 21, 2022
Threads
6
Messages
969
Reaction score
1,190
Location
Kansas
Vehicles
Chevy SS, Ford Bronco, Ram Rebel, Ford Flex, G8
I've now made money lol. Long battle back let's keep going up.
 

Donald Stanfield

Well-Known Member
First Name
Donald
Joined
Jul 31, 2022
Threads
59
Messages
8,307
Reaction score
16,656
Location
USA
Vehicles
2025 R1S Tri Ascend, 2024 i4 M50
Occupation
Stuff and things
I like to see the trend. It would be nice if it kept going up for all the people here underwater on it. Hopefully they averaged down when it was at 12
 
OP
OP

DuoRivians

Well-Known Member
Joined
Dec 30, 2022
Threads
257
Messages
3,809
Reaction score
9,076
Location
California
Vehicles
R1T, R1S
I like to see the trend. It would be nice if it kept going up for all the people here underwater on it. Hopefully they averaged down when it was at 12
We’re going back to IPO prices. Might take a few years, but I’m confident of it. Legacy OEMs will lose a lot of market share.
 

Sponsored

MidnightRivian

Well-Known Member
Joined
Jun 21, 2021
Threads
98
Messages
2,295
Reaction score
3,671
Location
USA
Vehicles
Rivian R1S
Clubs
 
What do you really think Rivian is worth??
$40 billion?

Rivian market cap currently is $20 billion and Lucid is $16 billion.


Ford is worth $59 billion and GM is $55 billion
 
OP
OP

DuoRivians

Well-Known Member
Joined
Dec 30, 2022
Threads
257
Messages
3,809
Reaction score
9,076
Location
California
Vehicles
R1T, R1S
What do you really think Rivian is worth??
$40 billion?

Rivian market cap currently is $20 billion and Lucid is $16 billion.


Ford is worth $59 billion and GM is $55 billion
Now do enterprise value of these companies. Only amateurs compare equity market value without consideration of enterprise value
 

SANZC02

Well-Known Member
First Name
Bob
Joined
Feb 11, 2021
Threads
50
Messages
7,406
Reaction score
12,696
Location
California
Vehicles
Tesla Model S, LE - R1S
Occupation
Retired
Now do enterprise value of these companies. Only amateurs compare equity market value without consideration of enterprise value
Sometimes hard to get a good gauge for companies like Rivian with a huge push to build capacity.

If you look at price to sales, price to book, and Enterprise Value to EBITDA Rivian is much more attractive than Lucid.

I think if they keep reducing cash burn and get the R2 plant producing by ‘26 we can see them north of 50 billion.

Time will tell, that time frame gets me in my 5-6 year range I had planned for my stock holding and with averaging down gets me close to a free R1S.
 

SANZC02

Well-Known Member
First Name
Bob
Joined
Feb 11, 2021
Threads
50
Messages
7,406
Reaction score
12,696
Location
California
Vehicles
Tesla Model S, LE - R1S
Occupation
Retired
Looks like Rivian will have to deal with this lawsuit about defrauding people with the IPO.

I think looking at other stock prices, supply issues, and price changes in the industry around the same timeframe they may be OK but who knows.
 
OP
OP

DuoRivians

Well-Known Member
Joined
Dec 30, 2022
Threads
257
Messages
3,809
Reaction score
9,076
Location
California
Vehicles
R1T, R1S
Looks like Rivian will have to deal with this lawsuit about defrauding people with the IPO.

I think looking at other stock prices, supply issues, and price changes in the industry around the same timeframe they may be OK but who knows.
The lawsuit is baseless and doesn’t matter. Ignore it
 

Sponsored

SANZC02

Well-Known Member
First Name
Bob
Joined
Feb 11, 2021
Threads
50
Messages
7,406
Reaction score
12,696
Location
California
Vehicles
Tesla Model S, LE - R1S
Occupation
Retired

mkg3

Well-Known Member
Joined
Nov 19, 2021
Threads
90
Messages
2,787
Reaction score
3,702
Location
SoCal
Vehicles
R1S, Model 3, Outback, Artura
Clubs
 
As an automobile manufacturer company, assuming that Rivian has a higher gross margin and profit per vehicle than F or GM, it should be about where the company was valued at the time of IPO (not the market cap when opened).

Rivian, as a lifestyle company, that has vehicles, recreational products and alike, it could be worth north of $100B once R2 and recreational elements are going.

Ferrari ($RACE) is viewed as luxury brand company and is worth more than F or GM. It also has a gross margin around 50%.
 

Biturbowned

Well-Known Member
Joined
May 28, 2021
Threads
7
Messages
453
Reaction score
793
Location
MD
Vehicles
‘20 Model Y, ‘22 R1T
Occupation
Engineer
Clubs
 
I am tempted to take profits tbh, the last 2 years have burned me hard.
 

Sgt Beavis

Well-Known Member
First Name
Rick
Joined
Sep 28, 2021
Threads
79
Messages
2,115
Reaction score
4,516
Location
Colorado
Vehicles
2022 Rivian R1T, 2021 Jeep Wrangler Rubicon
Occupation
Overpaid Computer Nerd
Clubs
 
Nice to see they closed with such a big gain when the rest of the market was heading down.
Sponsored

 
 








Top