Rivian Stock Price Prediction: Analysts Expect Significant Growth by 2030
Long-Term Forecast Projects Average Price of $13,943
Rivian Automotive Inc. (RIVN) stock is expected to experience substantial growth in the coming decade, according to analysts. A recent study predicts an average price of $13,943 in 2030, with a high forecast of $26,909 and a low forecast of $9,780.3.
Potential Range in 2030
Looking ahead to 2030, the prediction for Rivian's stock price suggests it could be trading between $4,507 and $7,778. Despite challenges faced by the company, management remains confident in reaching a production target of one million vehicles annually by 2030.
Factors Influencing Predictions
In assessing Rivian's stock price prediction up to 2030, analysts consider various factors, including:
- Financial growth
- Market positioning
- Competition
Analyst Consensus
The 23 analysts with 12-month price forecasts for Rivian Automotive stock have an average target of $173, with a low estimate of $9.00.
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