Betterment Adds $479K in Rivian Automotive, Inc. ($RIVN)
Key Points
- Wall Street's consensus rating on $RIVN is Hold and an average price target of $18.15.
- $RIVN last traded around $16.76.
Betterment acquired a new position in Rivian Automotive, Inc. ($RIVN), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,609 shares of Rivian Automotive, Inc.. Betterment's holdings in Rivian Automotive, Inc. were worth $479,487 as of its most recent filing.
Rivian Automotive, Inc. ($RIVN) Stock
Rivian Automotive, Inc. Earnings
Analysts Set New Price Targets
About Rivian Automotive, Inc.
Rivian Automotive, Inc., together with its subsidiaries, develops, manufactures, and sells category-defining electric vehicles. It operates through two segments, Automotive, and Software and Services. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand; and a three-row, seven-passenger sport utility vehicle under the R1S name. It also provides software and services, such as vehicle electrical architecture and software development, as well as Autonomy+, remarketing, vehicle repair and maintenance services, software subscriptions, vehicle accessories, financing, insurance, and other services. In addition, the company designs, develops, and manufactures the Rivian Adventure Network Direct Current fast chargers; and FleetOS, a proprietary, end-to-end centralized fleet management subscription platform. Further, it offers Rivian Commercial Van platform for Electric Delivery Van with collaboration with Amazon.com, Inc. Rivian Automotive, Inc. was founded in 2009 and is based in Irvine, California.
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