A Look At Rivian Automotive (RIVN) Valuation After Recent Share Price Momentum
Rivian Automotive (RIVN) has drawn fresh attention after a sharp move in its share price over the past 3 months, prompting investors to reassess how its current valuation lines up with recent financial results.
See our latest analysis for Rivian Automotive.
Over the past year, Rivian’s share price return has been relatively muted compared to its recent 90 day share price return of 48.74%, while the 1 year total shareholder return sits at 30.64%. This suggests that momentum has picked up more recently.
If Rivian’s recent move has you thinking about the broader electric vehicle space, it could be a good moment to size up other auto manufacturers that are catching market interest.
With Rivian trading at $19.53, an…
