The Discounted Cash Flow (DCF) valuation of Rivian Automotive Inc (RIVN) is (317.28) USD. With the latest stock price at 16.34 USD, the upside of Rivian Automotive Inc based on DCF is -2041.7%.

Is RIVN a buy or a sell?

Based on the latest price of 16.34 USD and our DCF valuation, Rivian Automotive Inc (RIVN) is a sell. Selling RIVN stocks now will result in a potential gain of 2041.7%.

Note: valuation result may not be accurate due to the company's negative earnings.

	Range	Selected
WACC / Discount Rate	6.8% - 9.7%	8.3%
Long-term Growth Rate	3.0% - 5.0%	4.0%
Fair Price	(673.12) - (219.68)	(317.28)
Upside	-4219.5% - -1444.5%	-2041.7%

16.34 USD

Stock Price

(317.28) USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

RIVN DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	12-2024	12-2025	12-2026	12-2027	12-2028	12-2029

Revenue	4,970	5,119	5,345	5,656	5,807	6,006
% Growth	12%	3%	4%	6%	3%	3%

Cost of goods sold	(6,104)	(5,972)	(5,924)	(5,956)	(5,809)	(5,708)
% of Revenue	123%	117%	111%	105%	100%	95%

Selling, G&A expenses	(1,663)	(1,713)	(1,788)	(1,893)	(1,943)	(2,010)
% of Revenue	33%	33%	33%	33%	33%	33%

Research & Development	(1,539)	(1,585)	(1,655)	(1,751)	(1,798)	(1,860)
% of Revenue	31%	31%	31%	31%	31%	31%

Net interest & other expenses	(405)	(417)	(436)	(461)	(473)	(489)
% of Revenue	8%	8%	8%	8%	8%	8%

Tax expense	(5)	1	1	1	1	1
Tax rate	0%	0%	0%	0%	0%	0%

Net profit	(4,746)	(4,568)	(4,458)	(4,404)	(4,215)	(4,060)
% Margin	-95%	-89%	-83%	-78%	-73%	-68%