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Yahoo
24-05-2025
- Automotive
- Yahoo
Better EV Stock: Rivian vs. Lucid
Rivian has struggled to ramp up its production over the past two years. Lucid has also repeatedly missed its own delivery targets. Both of these stocks are risky, but one has a brighter future. 10 stocks we like better than Rivian Automotive › Rivian Automotive (NASDAQ: RIVN) and Lucid Group (NASDAQ: LCID) were once two of the market's hottest electric vehicle (EV) stocks. Rivian went public at $78 per share in November 2021, and its stock more than doubled to its record closing price of $172.01 a week after its IPO. Lucid went public by merging with a special purpose acquisition company (SPAC) in July 2021. Its shares opened at $25.24 a share and more than doubled to a record closing price of $55.52 just four months later. But today, Rivian and Lucid stocks trade at about $16 and $3, respectively. Both companies broadly missed their own ambitious production estimates, struggled with supply chain constraints, and racked up persistent losses. Should you buy either of these fallen stocks as a turnaround play? Rivian sells three types of electric vehicles: The R1T pickup, the R1S full-size SUV, and an electric delivery van (EDV) for its top investor Amazon and other commercial clients. Rivian originally planned to produce 50,000 vehicles in 2022, but it only produced 24,337 vehicles that year as it grappled with supply chain constraints. Its production surged to 57,232 vehicles in 2023 as it overcame those challenges, but it only produced 49,476 vehicles in 2024. That slowdown was caused by higher rates, a cooling EV market, and a temporary shutdown of its main Illinois plant to upgrade its production capabilities. In 2025, it expects to produce just 40,000 to 46,000 vehicles as it faces higher tariffs on its raw materials and batteries, new supply chain disruptions, and another shutdown of its main plant to prepare for the launch of its R2 mid-size SUV in 2026. The January fires in Los Angeles, one of its biggest markets, and potential changes to the federal incentives for EVs could exacerbate that pressure. But despite those formidable challenges, analysts expect Rivian's revenue to rise 5% to $5.24 billion this year as its delivery growth slightly outpaces its production growth. It also expects its gross margin, which turned positive in the fourth quarter of 2024, to stay green this year as it improves its material, conversion, and depreciation costs per vehicle, sells more regulatory credits to other automakers, and expands its higher-margin software and services business. Analysts expect it to narrow its net loss from $4.75 billion in 2024 to $3.38 billion in 2025. In 2026, they expect Rivian's revenue to surge 41% to $7.37 billion as it narrows its net loss to $3.33 billion. That rosy outlook relies heavily on a successful launch for the R2, which CFO Claire McDonough claims would be "truly transformative" for its "growth and profitability." If the company pulls off that acceleration, its stock might be a bargain right now at 3.7 times this year's sales. Lucid currently sells two vehicles: Its original Air sedan, and the Gravity SUV, which was finally launched after numerous delays in late 2024. The company initially attracted a lot of attention because it was led by Tesla's former chief engineer Peter Rawlinson. Prior to its market debut, Lucid management claimed the company could deliver 20,000 vehicles in 2022, 49,000 vehicles in 2023, and 90,000 vehicles in 2024. But in reality, it only delivered 4,369 vehicles in 2022, 6,001 vehicles in 2023, and 10,241 vehicles in 2024. Those underwhelming production numbers -- which Lucid mainly blamed on supply chain constraints and other macro challenges -- drove away the bulls. This February, Rawlinson stepped down and handed the reins over to COO Marc Winterhoff. However, 2025 might be a brighter year for Lucid as it ramps up its Gravity deliveries. It expects to produce about 20,000 vehicles this year, more than double the 9,029 vehicles it produced in 2024. Analysts expect its revenue to surge 73% to $1.4 billion as it narrows its net loss from $3.06 billion to $2.78 billion. That's a lot of red ink. But Lucid is still firmly backed by the Saudi Arabian government, which owns more than 60% of its shares through its Public Investment Fund (PIF), and it ended its latest quarter with approximately $5.76 billion in total liquidity. For 2026, analysts expect Lucid's revenue to nearly double to $2.73 billion as it narrows its net loss to $2.34 billion. That's an optimistic outlook, but its stock isn't that cheap at 6.1 times this year's sales. It's producing fewer vehicles, its gross margins are still negative, and there's no guarantee that the Gravity will stand out in the increasingly crowded market for electric luxury SUVs. Both of these EV stocks are still highly speculative investments. But if I had to pick one over the other, I'd buy Rivian. It's ramping up its production at a faster rate, it's losing less money on every vehicle sold, its stock looks cheaper, and it's still led by its founder RJ Scaringe. Lucid might not go bankrupt anytime soon, but it simply hasn't proven that its business model is sustainable yet. Before you buy stock in Rivian Automotive, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Rivian Automotive wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $640,662!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $814,127!* Now, it's worth noting Stock Advisor's total average return is 963% — a market-crushing outperformance compared to 168% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Leo Sun has positions in Amazon. The Motley Fool has positions in and recommends Amazon and Tesla. The Motley Fool has a disclosure policy. Better EV Stock: Rivian vs. Lucid was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Ya Biladi
16-05-2025
- Business
- Ya Biladi
ONMT positions Agadir-Taghazout as epicenter of French-Moroccan tourism
The annual congress of French Travel Companies (EDV) is being hosted in Agadir-Taghazout from May 15-18, 2025. This strategic choice by Morocco's National Tourism Office (ONMT) aims to strengthen relationships between tourism professionals from both countries. Over three days, more than 400 French decision-makers—including travel agencies, tour operators, transporters, and hoteliers—will gather to discuss the future of tourism, share industry trends, and develop market perspectives for 2025-2026. A professional workshop scheduled for Friday, May 16, will facilitate direct meetings between Moroccan operators, hoteliers, receptive agencies, institutions, and French decision-makers to foster commercial partnerships and develop new products. «Hosting this congress in the Agadir region demonstrates our commitment to bringing Moroccan and French tourism ecosystems closer together. It creates concrete opportunities for synergies and positions Morocco as a priority for French travel advisors», said Achraf Fayda, Director General of ONMT.
Morocco World
16-05-2025
- Business
- Morocco World
400 French Decision Makers to Attend ONMT-Supported Tourism Event in Agadir-Taghazout
Rabat – The Agadir-Taghazout seaside resort is hosting the annual congress of the Entreprises du Voyage (EDV) from May 15-18. Morocco's Tourism Office (ONMT) said in a statement that the organization of this event comes as part of a shared desire to boost ties between French and Moroccan tourism professionals. According to ONMT, the event seeks to provide an inspiring and business-friendly setting for tourism professionals from the t. The three-day congress is hosting over 400 French decision makers from the tourism sector, including travel agencies, tour operators, transport companies, and hoteliers, to discuss the future of tourism and growth strategies covering this year and next year's market. 'Hosting this congress in the Agadir region reflects our commitment to bringing the Moroccan and French tourism ecosystems closer,' ONMT director general Achraf Fayda said. The event serves as an opportunity to create synergies and showcase Morocco's premier destinations and to also place the North African country among the top priorities of French travel influencers, he added. As part of the event, today will mark a workshop in the format of a platform that serves participants to carry out direct meetings between French and Moroccan tourism operators. According to ONMT, Friday's workshop seeks to foster business partnerships and develop new offerings in addition to strengthening cooperation between both countries. France and Morocco share good bilateral ties that have grown in strength and significance through diplomatic relations and trade. A record of 4.88 million French visitors flocked to Morocco in 2023, representing over a third of the total 14.5 million foreign tourists the country welcomed that year. Morocco welcomed over 17 million tourists last year, and the goal is to host more than 26 million others by 2030. ONMT has been intensifying efforts to welcome tourists through the launch of several initiatives promoting Morocco as a premier destination for travelers from across the world. The country welcomed 5.7 million tourists in the first four months of this year alone, representing a 23% increase compared to the same period in 2024. Tags: Africa TourismFrench tourists in Morocco
Hype Malaysia
14-05-2025
- Entertainment
- Hype Malaysia
2 New Drops From Nike & Équipement De Vie Are For The Bold, Brawny & Boss!
It's a fact of life that the right shoe can make the athlete. Whether it's on the road or the high seas, having the perfect footwear can help anyone rise to the occasion and even surpass expectations. That's why it's an absolute godsend that the two brands highlighted here recently dropped some jaw-dropping footwear. We call dibs! Deichmann x Nike's V5 RNR In order to envision its resurrected trainers on next-generation creatives, Deichmann first partnered with Nike on their 'EXPECT THE UNEXPECTED' campaign. Returning this spring for a chic second installment, the campaign is defying expectations with an inspiring lookbook of fits. The new V5 RNR, which just had its first launch, is the subject of the newest images in four essential colourways. The sporty silhouette of this Y2K-inspired sneaker, which features mesh panels and metallic accents, has been praised recently for perfectly capturing the look of the iconic dad shoe, while being more reasonably priced than the brand's other general release models. By bringing the V5 RNR into Berlin's cultural hotspots and away from its presumedly sporty realm, featured artists BRKN and Laura Wittek embody the campaign's overarching theme of subverting stereotypes. While musician BRKN is spotted promoting his uniqueness in vintage leather jackets and denim jeans, Wittek, a content creator and all-around style tastemaker, makes her mark on the sneaker with an eclectic mix of plaid pants and track jackets. The Nike V5 RNR is available via Deichmann's website, priced at €84.99 (~RM410). Équipement De Vie's Lemieux Elite The newest footwear line for active adventurers, Équipement De Vie, offers stylish deep-sea footwear. EDV creates technical and performance-enhancing styles for sailing enthusiasts, putting young sailors at the forefront. EDV's 2025 key styles combine adaptable sportswear outlines with oceanwide navigation, making them resistant to rocky ocean waves and slippage. To go with your versatile sailing gear, the brand's debut lineup consists of four pairs in a variety of neutral colourways. Leading the collection with racing capabilities for a swift experience, the Lemieux Offshore boasts special technology that balances hot and cool temperatures in 'Grey,' 'White,' and 'Navy.' For well-rounded and seasoned sailors, the Lemieux Elite is perfect, while the Lemieux Suede/Leather adds opulent style to your sportswear. The collection is completed with EDV's mid-top Finch Chukka in soft cow leather. The Équipement De Vie's Lemieux Elite is available for purchase now at the brand's website, priced at RM814 a pair.
Business Insider
07-05-2025
- Business
- Business Insider
CIBC Sticks to Their Hold Rating for Endeavour Mining (EDV)
In a report released on May 5, Anita Soni from CIBC maintained a Hold rating on Endeavour Mining (EDV – Research Report), with a price target of C$41.00. The company's shares closed yesterday at C$41.32. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Soni is a 5-star analyst with an average return of 10.5% and a 54.90% success rate. Soni covers the Basic Materials sector, focusing on stocks such as Agnico Eagle, IAMGOLD, and Wheaton Precious Metals. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Endeavour Mining with a C$46.21 average price target. EDV market cap is currently C$9.46B and has a P/E ratio of -71.62. Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EDV in relation to earlier this year.
