Get started

IPO

How long will it take Rivian to get back to its IPO price?Rivian Automotive (NASDAQ: RIVN), the budding electric vehicle maker, initially bank-rolled by the likes of Ford (NYSE: F) and Amazon (NASDAQ: AMZN), is currently trading 80% lower than its peak since listing on the Nasdaq stock exchange. Bear in mind that Rivian was listed on the Nasdaq in November 2021, when you had to be very unlucky not to make money in the stock market, especially as a company working in the electric vehicle domain. In a sign of the jubilant (and bygone?) era, within days of listing, investor exuberance had pushed RIVN up by 115%, to US $170 per share. RIVN’s market electricity has fizzled in the following five months and could do with a recharge. The Rivian stock price is currently trading very close to an all-time low, at US $37.00, 80% lower than its all-time high. In contrast, Tesla (NASDAQ: TSLA), a company which Rivian investors hope can be emulated, is trading 25% lower than its all-time high (US $1,200 vs US $900), which it reached in November 2021 (roughly the same time Rivian reached its all-time high). RIV only just begun As illustrated by its latest earnings call, Rivian has a momentous scope for growth. In its Full Year 2021 earnings call, which was released on March 10, 2022, Rivian reported its first bout of revenue, a tiny US $55 million against a cost of revenue of US $520 million and other operating expenses (mainly R&D and administration) of US $3.7 billion. Consequently, Rivian reported a total net loss (inclusive of all costs) of US $4.7 billion for the full year. The massive discrepancy between the company’s revenue and costs is a natural part of its growing pains. The automobile industry’s huge barrier to entry means that Rivian expects to be making a net loss for some time. However, it does expect to be profit-neutral by the end of the next financial year, and this might be what is more important for investors following the company. No fast-charging solution Rivian is still valued at over US $30 billion and far from a bust. However, it will perhaps take years for the company to charge its stock price back up to its IPO price of US $78.00. Even in the age of outsized valuations for EV companies and some residual investor exuberance in the market, investor confidence is butting up against obstacles such as the infamous chip-shortage affecting numerous car companies and tightening monetary policy from the US Federal Reserve. To hasten the process and to overcome some of these obstacles on its way back to its IPO price, Rivian may have make better use of its US $18 billion cash reserve and carve out more than its planned 10% takeover of the EV market by 2030. As it stands, Rivian’s total theoretical capacity at its two factories (600K) could garner 10% of the 2021 electric vehicle market. However, By 2030, electric vehicles sales are predicted to account for 1-in-2 vehicles sold, from a current 1-in-10. To account for 10% of all EVs sold in 2030, Rivian will have to boost production capacity to approximately 3 million vehicles per year. For interest, Rivian generated its 2021 revenue of US $55 million on delivery of 2500 electric vehicles. The company’s guidance for 2022 expects to deliver 25K vehicles, which is a huge increase on its current production numbers, but fantastically far from the number of pre-orders on its books (83K) and unimaginably far from its 10% goal of 3 million.
NASDAQ:RIVN
by BlackBull_Markets
4
Why is Allbirds stock down 70% since its IPO?Allbirds (NASDAQ: BIRD), the New Zealand footwear company, was listed on the Nasdaq in November 2021 at a starting price of US $21.21 and found a range between US $20 and $30 for one month. Its mission to create the world's first carbon-neutral shoe brand appealed to investors, perhaps those of the ESG persuasion, who have pushed a record US $650 billion of funds into ESG project in 2021. As noted by the Financial Post, Allbirds mentioned the word "sustainability" 112 times in its IPO filing. Starting December 2021, up to the time of writing, BIRD stock has plummeted to US $5.99, and its market cap has reduced to US $4 billion from US $900 million. While the company has been performing admirably, as per its quarterly report released on February 23, BIRD's stock price has flown south for the winter, as it's caught up in the same winddown experienced by many other of its growth stock brethren. Over the past few months, investors have generally turned against growth stocks ever since it became apparent that the US Federal Reserve would be hiking interest rates to combat the countries inflation that is famously at a 40-year high. Allbirds is firmly in the category of a growth stock and a unique growth stock at that, as its typically eco-conscious customers return less frequently to the Allbirds checkout aisle. This means its growth strategy and attempt to build brand awareness has to be particularly aggressive. As such, Allbirds is ploughing its cash flow and cash reserves into gaining more customers, opening brick-and-mortar stores, and expanding its apparel range. The company is projecting revenue of US $360 million in the 2022 financial year, a big lift in revenue over 2021, but still expects to make a loss of approximately US $11 million. Interestingly, it should be noted that about US $8 million of this shortfall is attributed to compliance costs associated with becoming a public company. Even though Allbirds may bootstrap its growth expenses with its cash flow and reserves, it does have US $40 million available under a revolving credit agreement. The cost of borrowing capital moving forward, should it need to meet its aggressive growth strategy, may become increasingly costly in line with the US Federal Reserve's interest rate hikes.
NASDAQ:BIRD
by BlackBull_Markets
11
$CRDO ready to move higher after a great ER?* New IPO with a strong up trend even in this market * Great earnings report * Sector: Technology - Communication Equipment * Relative Strength vs. Sector: 2.62 * Relative Strength vs. SP500: 4.18 * U/D Ratio: 1.07 * Base Depth: 28.05% * Distance from breakout buy point: 0.31% * Volume 66.03% above its 15 day average. * Bullish candle with high volume with a great ER Trade Idea: * Now's a great time to enter as the price is just above the breakout level.
NASDAQ:CRDOLong
by HaseebKhan_90
On Holding Tries to Reclaim the 50-day SMASwiss sneaker company On Holding went public in mid-September for $24. It peaked near $56 in mid-November following a strong quarterly result and has now pulled back. The first pattern on today’s chart is the 50-day simple moving average (SMA). ONON broke under that line in on December 13 as the retail sector crashed. But it’s chopped sideways since and yesterday closed back above it. In the process it managed to reclaim its 8-day exponential moving average (EMA). Next, ONON’s recent turn occurred near the bottom of the Keltner Channel. Price has also held $34.50, the low of its first trading session. Third, stochastics are trying to climb back from oversold territory. Finally, the pullback from the November highs represents a potential ABC correction pattern. The fundamentals could also interest some investors after management cited “hyper-growth” and “significant pricing power” on its last quarterly call. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradingView is not affiliated with TradeStation Securities Inc. or its affiliates. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
NYSE:ONON
by TradeStation
Artificial Intelligent Insurance Upstart Holdings Leading artificial intelligence (AI) lending platform designed to improve access to affordable credit while reducing the risk and costs of lending for our bank partners. Our platform uses sophisticated machine learning models to more accurately identify risk and approve more applicants than traditional, credit-score-based lending models. They are considered a financial insurance company. Since its IPO back in December 2020, it has had a 1400% gain. We are currently at 3 levels of support : Horizontal support Uptrend support 61.8% Fibonacci retracement line **** $VIX is at 28 as I write this, so I advise smaller positions to be able to handle more volatility. ****
NASDAQ:UPSTLong
by dorfmanmaster
1
$HCP is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $87,73; stop-loss — $78,95; take-profit — $114,07/MOC price. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
NASDAQ:HCPLong
by KozakHlib
Is Intel Headed for a Bull Market ? (TL;DR @ end)For the past 5 years, NASDAQ:INTC has been through quite the 'ride' of market price. For a good portion of their existence - they ran the multi-core CPU world almost entirely unchallenged. As of about 3 years ago, Advanced Micro Devices ( NASDAQ:AMD ) suddenly emerged from the mist with cheaper, greater performing chips that were idolised by the gaming and high-performance workstation community. While this was happening, Intel was far more interested in the large scale server industry, supplying various high capacity servers to various institutions such as universities and state owned research facilities. The public eye began to look down on Intel. AMD had come up neck and neck with Intel in performance and price yet Intel didn't exactly make their 'best efforts' to get ahead. Inevitably AMD surpassed them and Intel's market price fell. Although, recently, new developments have come out of Intel (possibly consequent to the COVID pandemic). Last week, they announced the IPO of their daughter company, Mobileye. The IPO is planned for the middle of next year but this drove the stock price up slightly. Furthermore, their biggest rival, AMD has been falling behind both in the graphics card and CPU markets. The release of the 12th generation Alder Lake chips from Intel and the (stated) high performance (supposedly far better than available AMD chips) have also driven the price further up. Intel also recently stated that they have adjusted their budget for development in desktop and laptop chips which should in theory result in the further production of even better products, even sooner. So with an optimistic outlook on the company, the value should begin to increase and soon. If you're lucky enough to put money in now and results turn out as expected, COVID restrictions may just settle (due to Omicron not being as much of a threat) and the shortage of hardware across the industry may very well give the price that added 'leg-up'. For investors and traders, all I would suggest is keeping your eyes peeled and thinking about the possibilities of this market dominated by only 2 companies. As usual, other opinions, facts and news are definitely welcome, so comment away! TL;DR: Intel has been potentially pulling themselves up through these 3rd and 4th quarters. The release of 12th gen chips and the announcement of the IPO for Mobileye could all lead up to a hefty price climb. Conveniently AMD (biggest competitor) is also having a tough time and to add to this 'stroke of good luck', if COVID restrictions are eased due to the lack of intensity of the omicron, the price could climb higher.
NASDAQ:INTC
by Michael_Axio
3 Indian IPOs To Watch In 2022India has, in the past, been called the “next China” for possessing some of the same growth potential and investment opportunities. The truthfulness of this claim was supported recently when Chinese authorities began cracking down on its tech sector giants, prompting investors to look elsewhere for a more reliable home for their money. Coincidently, Indian tech companies are currently experiencing a boom, with Paytm (NSE: PAYTM) and Zomato (NSE: ZOMATO) going public in 2021 and producing some of the country’s largest IPOs to date. While opportunities can be found outside India’s stock exchanges, I want to explore these regulated markets and upcoming IPOs in this article. India’s stock exchanges India is home to eight stock markets with its listed companies worth a combined US $3.46 trillion. To put this into perspective, UK listed companies are worth a total of US $3.59 trillion, less than US $100 billion more than the former British colony. By 2024, Indian listed companies are projected to surpass the value of UK companies’ value and hit approximately US $5.00 trillion. Hosting these companies are the countries well-known exchanges, including the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), and the Multi-Commodity Exchange (MCX) 3 Indian IPOs to watch in 2022 Snapdeal IPO Snapdeal is an Indian e-commerce platform catering to the country’s growing middle class, similar to the US’s Amazon.com (NASDAQ: AMZN) or China’s Alibaba (HKG: 9988). The Company is said to be ready to file preliminary documents signalling its intent to IPO next year at a valuation of approximately US $1.50 billion. Snapdeal is currently backed by Japan’s Softbank (TYO: 9984) and China’s Alibaba Group, which are expected to continue to hold significant stakes after the Company’s IPO. Data Patterns (India) IPO Data Patterns has developed a vast array of electronic systems for the defence and aerospace sectors for the past 35 years. The Company filed to IPO with regulators in September 2021, expecting to raise ₹700 crores, or US $100 million, to help it repay debt and aid expansion. The funds will assist Data Patterns to deliver on its order book, which has grown by 40.7% over the past four years. Data Patterns is seeking a valuation of US $340 million when it goes public. However, no official date has been scheduled for its IPO. MapMyIndia IPO The digital mapping company, headquartered in Delhi, MapMyIndia, develops mapping technology used by some of the world’s largest companies. The Company has received approval (as of the last week of November) from the country’s financial authority to go public. MapMyIndia is perhaps the highest-profile Company on this list, with business relationships with US tech giants Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN) and Uber Technologies (NYSE: UBER), among others. MapMyIndia is seeking a valuation of US $825 million when it IPOs, which it could do before the end of the year. The Company has expressed that the funds will, in part, be used to lift its marketing, helping it compete with the likes of Google (NASDAQ: GOOGL) and Dutch-based TomTom (AMS: TOM2).
NSE:ZOMATO
by BlackBull_Markets
An IPO few are watchingDEN (Denbury Inc) is an oil and gas company that focuses on CO2 enhanced oil recovery. Boring right? I assume that is the reason it has been under the radar, after all, Technology tends to get more attention. Since September 2020, when it IPO'd, DEN has increased by over 300%. There are 2 potential measured moves, one by using the horizontal range transposed on top of the current support (purple arrow), and the extended target (light-blue arrow) by using the ascending triangle pattern. In late June we tested and failed $80 (approximately), since then, we tested the bottom of the horizontal range (purple dashed-line) and are now breaking to all-time highs. Important Note Earning are Thursday 4th before the market opens, so we could experience a volatile move.
DLong
by dorfmanmaster
AHI Advanced Human Imaging | Is this the future?Smartphone-based human scanning technology, with a diverse range of data-driven applications across multiple industries. AHI, Advanced Human Imaging, uses pictures from smart phone to create a representation in the form of a 3D avatar for health and fitness, life and health insurance, telemedicine/digital health, online apparel, and wellness industries. My short term price target is 10usd! Looking forward to read your opinion about it.
ALong
by TopgOptions
1
$LITM is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $14,23; stop-loss — $9,91; take-profit — $27,19/MOC price. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
NASDAQ:LITMLong
by KozakHlib
CRSR - Price moving within a descending wedgeHi All, my main 3 take-outs from this analysis are the following: 1- After IPO jump up to 50$ price started consolidating into a huge descending triangle, and the movement is still in progress 2- Price might be heading to another touch of the higher part of the descending wedge, which might occur in my opinion between February and March at arund 30$ level 3- Price is rebuncing from a second touch of an uptrend line that started with the IPO prices. Next closest target 27-28$ and from there we'll be possibly attacking the 30$ level at beginning of 2022 Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NASDAQ:CRSR
by FrancescoMerlettini
SentinelOne $S, recent IPO breakoutSentinelOne is a cybersecurity company with presence in the US, UK and Tel Aviv. Some of its clinets are Aston Martin, NASDAQ:JBLU , NASDAQ:ADSK and NYSE:FVRR . Its Price/Earnings ratio is negative but had a +120% change in sales from the last quarter. That's the kind of fundamentals I like to see on IPOs. As is a recent IPO, its stock price is still too volatile. So, even though today's breakout respects all my BUY filters, I got in with half my position sizing. If tomorrow's price action follows through correctly, I'll but the rest. With a stop loss at $69.74, my target sell will be beyond $84.60. When the price crosses that target I'll adjust my stop to breakeven. IBD Investors gives NYSE:S a 19 in its Industry Rank with a 94 RS rating.
NYSE:SLong
by dpuleo19