Rivian Automotive (RIVN) AI Stock Analysis

• Market Cap: $15.59B
• Dividend Yield: N/A
• Average Volume (3M): 26.64M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.35
• Revenue Growth: 0.58%
• EPS Growth: 35.39%
• Country: US
• Employees: 14,861
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Auto - Manufacturers
• EPS (TTM): -0.41
• Shares Outstanding: 1,138,599,900
• 10 Day Avg. Volume: 21,871,559
• 30 Day Avg. Volume: 26,637,893
• PEG Ratio: -0.06
• Price to Book (P/B): 1.22
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.62
• Enterprise Value/Market Cap: 0.45
• Enterprise Value/Revenue: 0.36
• Enterprise Value/Gross Profit: -13.14
• Enterprise Value/Ebitda: -0.49
• 1Y Price Target: $14.61
• Price Target Upside: 7.43% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 23

• Rating: 49 Neutral
• Price Target: $13.50 ▼(-0.74%Downside)

Rivian's score is primarily impacted by financial performance challenges, with significant losses and negative cash flow trends. Technical analysis indicates weak momentum. Valuation concerns persist with a negative P/E ratio and no dividend yield. The earnings call provided some positive developments, such as funding milestones, but was offset by delivery outlook reductions and tariff impacts.

Positive Factors

Cost Efficiency

Management demonstrated further progress in driving down R1 variable unit costs and in managing cash carefully.

Strategic Partnerships

Rivian's strategic value as a tech partner to legacy OEMs is emphasized, with software and AI embedded in the company's DNA.

Negative Factors

Cash Flow Concerns

Lower unit sales drive free cash flow worse at negative $2.8 billion, including lower production and after capital expenditure.

Demand Outlook

There is a downbeat demand outlook for the year, leaving analysts waiting for updates on R2 progress and hoping for third-party opportunities.

Rivian Automotive Business Overview & Revenue Model

Company Description

Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks and sports utility vehicles. It provides Rivian Commercial Vehicle platform for electric Delivery Van with collaboration with Amazon.com. The company sells its products directly to customers in the consumer and commercial markets. Rivian Automotive, Inc. was founded in 2009 and is based in San Jose, California.

How the Company Makes Money

Rivian Automotive primarily generates revenue through the sale of its electric vehicles, including the R1T pickup truck and R1S SUV. Additionally, the company plans to earn revenue from commercial sales, notably through a significant partnership with Amazon, which has ordered a substantial number of electric delivery vans. Beyond vehicle sales, Rivian aims to develop revenue streams from services such as vehicle maintenance, software updates, and potentially a future network of charging stations. The company also seeks to expand its business model to include financial services, such as vehicle leasing and financing options, to support the adoption of its electric vehicles.

Rivian Automotive Financial Statement Overview

Summary

Rivian is experiencing substantial revenue growth but is challenged by significant losses and operational inefficiencies. The balance sheet shows a moderate debt-to-equity ratio, but negative cash flow and profitability remain major concerns.

Income Statement

Rivian's revenue has grown significantly over the years, reaching $5.006 billion in TTM (Trailing-Twelve-Months) from $1.658 billion in 2022. However, the company is facing substantial losses with a negative net profit margin of -76.8% in TTM and a negative EBIT margin of -77.1%. The negative gross profit margin of -10.7% indicates high production costs relative to revenue. The company is on a growth trajectory, but profitability remains a critical challenge.

Balance Sheet

Rivian's balance sheet shows a moderate debt-to-equity ratio of 0.96 and a reasonable equity ratio of 40.1% in TTM, indicating a balanced capital structure. However, the return on equity remains negative at -61.8% due to ongoing net losses. The company maintains substantial cash reserves, but its continued losses could pose a risk to financial stability if not addressed.

Cash Flow

The company's cash flow situation is concerning, with negative free cash flow of -$1.86 billion in TTM. The operating cash flow to net income ratio is 0.17, pointing to inefficiencies in converting income to cash. While financing activities have contributed positively, sustaining operations with negative free cash flow is a challenge. The negative free cash flow growth rate is an area of concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.01B	4.97B	4.43B	1.66B	55.00M	0.00
Gross Profit	-538.00M	-1.20B	-2.03B	-3.12B	-465.00M	-29.00M
EBITDA	-2.57B	-3.39B	-4.27B	-5.99B	-4.46B	-992.00M
Net Income	-3.85B	-4.75B	-5.43B	-6.75B	-4.72B	-1.03B
Balance Sheet
Total Assets	15.51B	15.41B	16.78B	17.88B	22.29B	4.60B
Cash, Cash Equivalents and Short-Term Investments	7.18B	7.70B	9.37B	11.57B	18.13B	2.98B
Total Debt	6.00B	5.74B	4.92B	1.81B	1.53B	180.00M
Total Liabilities	9.28B	8.85B	7.64B	4.08B	2.78B	5.99B
Stockholders Equity	6.22B	6.56B	9.14B	13.80B	19.51B	-1.38B
Cash Flow
Free Cash Flow	-1.86B	-2.86B	-5.89B	-6.42B	-4.42B	-1.76B
Operating Cash Flow	-635.00M	-1.72B	-4.87B	-5.05B	-2.62B	-848.00M
Investing Cash Flow	-1.78B	-1.98B	-2.51B	-1.37B	-1.79B	-914.00M
Financing Cash Flow	1.13B	1.14B	3.13B	99.00M	19.83B	2.50B

Rivian Automotive Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 13.60
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RIVN, the sentiment is Neutral. The current price of 13.6 is below the 20-day moving average (MA) of 13.88, below the 50-day MA of 14.01, and above the 200-day MA of 12.53, indicating a neutral trend. The MACD of -0.16 indicates Positive momentum. The RSI at 46.72 is Neutral, neither overbought nor oversold. The STOCH value of 55.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for RIVN.

Rivian Automotive Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
F	77 Outperform	$42.95B	8.65	11.47%	5.55%	3.03%	28.54%
LI	75 Outperform	$28.25B	26.02	12.22%	―	10.28%	-29.75%
Sector *	67 Neutral	¥253.98B	13.04	6.57%	2.83%	5.07%	-11.36%
RIVN	49 Neutral	$15.59B	―	-53.82%	―	0.58%	35.39%
LCID	45 Neutral	$6.47B	―	-50.06%	―	40.67%	3.40%
XPEV	43 Neutral	$17.41B	―	-15.52%	―	50.45%	49.81%
NIO	41 Neutral	$7.05B	―	-240.42%	―	23.39%	3.93%

Rivian Automotive Corporate Events

Rivian Automotive Approves Key Amendments at Annual Meeting

On June 18, 2025, Rivian Automotive held its Annual Meeting of Stockholders, where several amendments to its Certificate of Incorporation were approved. These included increasing the authorized shares of Class A common stock and exculpating certain corporate officers from liability under specific conditions. The meeting also saw the election of three directors and approval of various proposals, including the ratification of KPMG LLP as the independent auditor and future issuance of shares to Volkswagen International America, Inc. These changes, effective as of June 20, 2025, following the filing with Delaware’s Secretary of State, are expected to impact Rivian’s operational flexibility and governance structure.

The most recent analyst rating on (RIVN) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Rivian Automotive stock, see the RIVN Stock Forecast page.

Rivian Announces $1.25 Billion Green Notes Offering

On June 4, 2025, Rivian Automotive announced the pricing of a $1.25 billion senior secured green notes offering, intended to refinance its outstanding senior secured notes due 2026. The closing of the notes is expected on June 12, 2025, and the proceeds will be used to redeem the existing notes and cover related expenses. The notes are expected to be secured by the company’s assets and guaranteed by its subsidiaries, reflecting Rivian’s strategic financial maneuvering to strengthen its capital structure and maintain its focus on sustainable transportation solutions.

The most recent analyst rating on (RIVN) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Rivian Automotive stock, see the RIVN Stock Forecast page.

Rivian Automotive Announces $1.25 Billion Green Notes Offering

On June 2, 2025, Rivian Automotive, Inc. announced its intention to offer $1.25 billion in senior secured green notes due 2031 in a private offering. The proceeds from this offering are expected to be used to redeem the company’s outstanding $1.25 billion floating rate senior secured notes due 2026, aiming to refinance existing debt and manage related expenses. This strategic financial move is anticipated to impact Rivian’s operations by potentially improving its financial structure and supporting its commitment to sustainable practices, although the offering’s success is subject to market conditions.

The most recent analyst rating on (RIVN) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Rivian Automotive stock, see the RIVN Stock Forecast page.

Rivian Appoints Aidan Gomez to Board of Directors

On April 21, 2025, Rivian Automotive‘s Board of Directors expanded its size and appointed Aidan Gomez as a Class II director, with his term set to expire at the 2026 annual meeting of stockholders. This strategic move is expected to enhance Rivian’s leadership with Gomez’s expertise in artificial intelligence, potentially strengthening the company’s position in integrating advanced technologies into its operations.

Rivian Automotive Announces Q1 2025 Production Figures

On April 2, 2025, Rivian Automotive announced its production and delivery figures for the first quarter of 2025, with 14,611 vehicles produced and 8,640 delivered, aligning with its previous outlook. The company reaffirmed its annual delivery guidance and scheduled the release of its first quarter financial results for May 6, 2025, indicating a stable operational performance and commitment to its strategic goals.