Rivian Automotive (NASDAQ:RIVN) Issues Earnings Results

Rivian Automotive (NASDAQ:RIVN) announced its quarterly earnings results on Thursday. The electric vehicle automaker reported ($0.66) EPS for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.02, Zacks reports. The company had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Rivian Automotive had a negative return on equity of 61.67% and a negative net margin of 67.68%.Rivian Automotive’s revenue was down 25.8% on a year-over-year basis. During the same period in the prior year, the business posted ($0.70) EPS.

Here are the key takeaways from Rivian Automotive’s conference call:

• R2 launch imminent: Rivian said customer deliveries begin in Q2 with a March 12 product/pricing reveal and Launch Edition R2 offering dual-motor AWD (>650 hp, >300 miles) at a mass-market price point (starting ~ $45k), initially on a single shift with a second shift added late 2026.
• Material progress on profitability: 2025 delivered nearly $5,500 higher average selling price, ~ $9,500 lower automotive COGS per unit and > $1.3 billion improvement in full-year gross profit, resulting in Rivian’s first full year of positive gross profit and ~ $6.1 billion year-end liquidity (plus ~$2 billion expected from VW in 2026).
• 2026 is a transition year with near-term headwinds: Guidance calls for 62,000–67,000 vehicle deliveries but expects automotive gross profit to be pressured in Q2–Q3 during the R2 launch, an adjusted EBITDA loss of $1.8–$2.1 billion, working-capital outflows for R2 inventory build, and ~$1.95–$2.05 billion of capex.
• Software and autonomy are strategic growth drivers: Universal Hands‑Free expanded to ~3.5M miles of roads with doubled usage, Rivian Assistant is expected early this year, RAP1 chip development was showcased, and software & services produced $447M revenue / $179M gross profit (≈60% from the VW JV), supporting future monetization and margin upside.

Rivian Automotive Price Performance

NASDAQ:RIVN opened at $17.73 on Friday. The firm’s fifty day moving average price is $17.66 and its two-hundred day moving average price is $15.31. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.71 and a quick ratio of 2.23. The company has a market cap of $21.74 billion, a P/E ratio of -5.78 and a beta of 1.76. Rivian Automotive has a one year low of $10.36 and a one year high of $22.69.

Insiders Place Their Bets

In other Rivian Automotive news, CEO Robert J. Scaringe sold 17,450 shares of Rivian Automotive stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $16.03, for a total value of $279,723.50. Following the completion of the sale, the chief executive officer owned 1,115,209 shares in the company, valued at $17,876,800.27. The trade was a 1.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Peter Krawiec sold 3,655 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $19.45, for a total value of $71,089.75. Following the sale, the director owned 29,122 shares of the company’s stock, valued at approximately $566,422.90. The trade was a 11.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 120,154 shares of company stock worth $2,143,724 in the last 90 days. Company insiders own 2.16% of the company’s stock.

Institutional Trading of Rivian Automotive

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. lifted its stake in Rivian Automotive by 113.6% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,880 shares of the electric vehicle automaker’s stock valued at $26,000 after buying an additional 1,000 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Rivian Automotive in the 3rd quarter valued at about $31,000. Zions Bancorporation National Association UT purchased a new stake in shares of Rivian Automotive during the fourth quarter worth $33,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Rivian Automotive in the third quarter valued at approximately $39,000. Finally, IFC & Insurance Marketing Inc. purchased a new position in shares of Rivian Automotive during the 4th quarter valued at $39,000. 66.25% of the stock is currently owned by institutional investors and hedge funds.

Rivian Automotive News Summary

Here are the key news stories impacting Rivian Automotive this week:

• Positive Sentiment: Rivian delivered a Q4 surprise: revenue and adjusted loss beat consensus and management issued a strong 2026 delivery outlook, triggering the rally. Article Title
• Positive Sentiment: Management now expects a large jump in 2026 deliveries (guidance ~62k–67k units / ~53% growth year‑over‑year), driven by rollout of the more affordable R2 SUV — investors view this as a clear growth path. Article Title
• Positive Sentiment: Broker activity has turned constructive: notable upgrades/target increases (Deutsche Bank upgrade to Buy with $23 PT; Wedbush reiteration at $25) helped fuel buying interest. Article Title
• Neutral Sentiment: Quarter details: adjusted loss per share (~$0.54–$0.66 depending on source) beat estimates and revenue was roughly $1.28–1.29B; software/services showed meaningful YoY growth and management highlighted product & software initiatives. Article Title
• Neutral Sentiment: R2 progress: early reviews and management commentary point to R2 deliveries beginning in Q2 and strong demand potential, but it’s still early in the ramp. Article Title
• Negative Sentiment: Underlying profitability and revenue mix remain weak: automotive revenue fell sharply (reported ~45% decline in Q4 auto revenue), the company still posts negative net margins and negative ROE. Article Title
• Negative Sentiment: Cash burn and capex: Rivian flagged continued losses as it ramps production and may spend >$2.1B on capex for expansion; a recent settlement also pressures near‑term cash. Article Title Article Title
• Negative Sentiment: Operational risks remain: some metrics (vehicle margins, free cash flow) showed weakness even with the beat — the company still expects losses as it scales, leaving execution risk on the table. Article Title

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Mizuho reissued an “underperform” rating and issued a $10.00 price target (down previously from $14.00) on shares of Rivian Automotive in a report on Monday, October 20th. Wall Street Zen upgraded Rivian Automotive from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Evercore reissued an “outperform” rating on shares of Rivian Automotive in a research note on Monday, December 15th. Zacks Research upgraded shares of Rivian Automotive from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. Finally, Piper Sandler cut their price target on shares of Rivian Automotive from $20.00 to $18.00 and set a “neutral” rating on the stock in a research note on Friday. Nine equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $17.62.

About Rivian Automotive

Rivian Automotive, Inc is an American automotive technology company specializing in the design, development and manufacture of electric vehicles. The company is best known for its all-electric R1 platform, which underpins the R1T pickup truck and R1S sport utility vehicle. In addition to consumer products, Rivian has secured a significant commercial contract to produce electric delivery vans for a leading e-commerce provider, underscoring its capability to serve both retail and fleet customers.

Founded in 2009 by engineer and entrepreneur Robert “RJ” Scaringe, Rivian has grown from a research-focused startup into a publicly traded corporation.