Rivian Automotive's Market Cap: A Detailed Analysis
Market Cap and Key Metrics
As of June 2024, Rivian Automotive Inc. (RIVN) has a market capitalization (market cap) of $1027 billion. This places Rivian as the 1582nd most valuable company globally based on market cap.
Earnings and Financial Performance
Rivian's trailing twelve months (TTM) price-to-earnings (PE) ratio is negative, and its TTM earnings per share (EPS) are currently negative (-$577). The company's expected earnings date falls within the range of August 6, 2024, to August 12, 2024.
Market Trends and Outlook
Rivian Automotive's market cap has experienced a significant decrease (-26.40%) over the past year as of June 21, 2024. This decline reflects the broader market volatility and challenges faced by the electric vehicle industry.
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