How to buy Rivian (RIVN:NASDAQ) stocks

Electric vehicle maker Rivian is now a publicly traded company, and is valued at over $100 billion. Its IPO marks the largest of 2021 and the biggest IPO of a US company since Facebook.

Rivian priced its initial public offering at $78 per share, well above the raised $72 and $74 price range. The stock opened at $106.75 per share and rose as high as $119.46. As of Wednesday afternoon, RIVN was still trading above $100.

Here's what we know about the IPO and how to buy Rivian stock in Canada.

How to buy shares in Rivian

Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
Fund your account. Add money to your account via bank transfer, debit card or credit card.
Search the platform by ticker symbol. RIVN in this case.
Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
Submit the order. It's that simple.

The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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Latest updates for Rivian

November 13, 2024: Rivian has partnered with VW in a $5.8 billion venture to share critical EV and vehicle info to take on Tesla and Chinese-made EVs.

Is it a good time to buy Rivian stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Rivian's price performance, share price volatility, historical data and technicals.

Technical analysis

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Rivian under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Rivian P/E ratio, PEG ratio and EBITDA.

P/E ratio
Rivian PEG ratio

Rivian's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 0x. In other words, Rivian's stocks trade at around 0x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Rivian's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give None. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Rivian's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Frequently asked questions

It's as easy to sell Rivian as it is to buy! Here's how to sell Rivian stocks that you already own.
1. Open your investment app. If you've got one with desktop access, you can log in online
2. Go to your portfolio. This should be in the main menu
3. Find your shares. You may be able to search your portfolio
4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
5. Sell your Rivian shares. Your investment platform will let you know when your shares are sold

Rivian financials

Revenue TTM	$4.6 billion
Gross profit TTM	$-3,123,000,000
Return on assets TTM	-22.83%
Return on equity TTM	-67.16%
Profit margin	-121.38%
Book value	$5.78
Market capitalisation	$10.5 billion

TTM: trailing 12 months

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