Rivian stock price prediction analysts note that Rivian stock price

Analysts note that Rivian stock price prediction can be impacted by raw material costs, particularly lithium prices. Stable supplier contracts could sustain margins and support price appreciation. Despite its lofty valuation, Tesla is actually expected to see sales fall by 5% this year. Rivian, meanwhile, is expected to grow sales by just 6.5%. Rivian trades at approximately 2.5x sales , a relative premium for a company that’s not yet profitable, yet substantially lower than Tesla’s 9.5x sales multiple. Rivian stock price prediction incorporates macroeconomic factors such as labor market trends and inflation rates, which could influence consumer EV purchases and subsequently the stock’s value.