Rivian Stock Forecast: Experts Predict Significant Growth in the Coming Years

Overview

Rivian Automotive Inc. (RIVN) is expected to experience substantial growth in the near future, according to a consensus of analysts. The company's stock price is projected to reach an average price of $53.45 in 2025, with a high prediction of $64.60 and a low estimate of $42.30.

Analysts' Predictions

A group of 23 analysts have provided 12-month price forecasts for Rivian Automotive stock, resulting in an average target of $173. However, the estimates vary widely, with a low estimate of $900 and a high estimate of $2100. The median price target is $1435.

Sales Growth Projections

Analysts anticipate a modest increase in Rivian's sales in 2024, with a forecast of 88% year-over-year growth to $482 billion. However, top-line growth is expected to accelerate in subsequent years.

Valuation Analysis

To justify a valuation of $80 billion, Rivian will need to achieve an EBITDA of $35 billion by 2025, applying Lucid's multiple.