The stock market is a rising and falling business. You never know what the next share and investment will lead to. Sure, you have a strategy set up that will help you achieve a certain target, but that is all you can do. Put faith in whatever you buy and sell.
Every stock market has the target it wants to achieve. Only this target is not expected to be achieved within a week or month. Instead, a plan for a few years ahead is made that will either lead the market to rise or fall.
This article is about the Rivian stock price prediction 2025. We want to predict if the company can achieve what it wants to achieve by 2025.
What is Rivian?
Rivian, or rather Rivian Automatic Inc is an American electric vehicle manufacturing company founded by Robert Scaringe in 2009. The main electric vehicles the company produces are SUVs such as pick-up trucks and UTEs. It has also produced electric vans for Amazon. Several investors invested in this company and the company is predicted to become a competitive rival of TESLA shortly.
The historical performance of Rivian
In the past few years, Rivian has not shown a promising future. However, that is not to say that the company will not rise in the upcoming years. The investors admit that investing in the Rivian stock market will take about 5 to 10 years to pay off. Even though, the Rivian stock price prediction 2025 is predicted to be a positive one because the CEO focuses on providing environment-friendly vehicles to its customers. The only thing holding him down is the lack of supplies and technology.
The targets of Rivian stock prediction till 2025
Just like any other company, Rivian has its goals set for every year till 2030. In this article, we will talk about the Rivian stock price prediction 2025. The company has a target for every month, and this is what they plan to achieve:
In January 2025, the weighted average target automotive share of Rivian is expected to be 37.88. By May, it is expected to be 46.84 and reach 66.03 by December 2025.
The first target of Rivian stock price prediction 2025 is $185.35 whereas it is predicted to reach $230.45 in its second target. Overall, the Rivian stock price prediction 2025 will range between $188.34 and $246.45 which can be achieved as demand for vans and pick-up trucks is increasing day by day and Robert is successfully providing these services to various companies.
However, the Rivian stock price prediction 2025 is not the final say. Many investors think this amount will rise, while others think it will drop. The company itself has its finger crossed on this prediction, and it is trying its best to achieve its target.
The stock market is an unpredictable roller coaster ride. The Rivian stock price prediction 2025 is a perfect example. Even though it didn’t start on the best terms, the future of the company seems bright.