Rivian Automotive (RIVN) AI Stock Analysis

• Market Cap: $18.05B
• Dividend Yield: N/A
• Average Volume (3M): 51.17M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.14
• Revenue Growth: 28.21%
• EPS Growth: 44.43%
• Country: US
• Employees: 14,861
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): -0.66
• Shares Outstanding: 1,222,000,600
• 10 Day Avg. Volume: 85,603,640
• 30 Day Avg. Volume: 51,173,193
• PEG Ratio: 0.16
• Price to Book (P/B): 2.05
• Price to Sales (P/S): 2.71
• P/FCF Ratio: -4.72
• Enterprise Value/Market Cap: 0.88
• Enterprise Value/Revenue: 2.71
• Enterprise Value/Gross Profit: 130.63
• Enterprise Value/Ebitda: -6.88
• 1Y Price Target: $13.98
• Price Target Upside: -5.03% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 18
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: $15.50 ▲(5.30% Upside)

Rivian's overall stock score reflects a mix of strategic progress and financial challenges. While technical indicators are positive, the company's ongoing unprofitability and cash flow issues weigh heavily on its financial performance. The earnings call provided some optimism with strategic developments, but significant financial hurdles remain.

Positive Factors

Strategic Partnerships

The partnership with Volkswagen enhances Rivian's revenue streams and technological capabilities, providing a competitive edge in software and services.

Strong Balance Sheet

A robust balance sheet with significant cash reserves provides financial stability and flexibility to invest in growth initiatives and weather economic uncertainties.

R2 Development Progress

Completion of key facilities for the R2 program indicates progress in expanding product offerings, potentially boosting future revenue and market presence.

Negative Factors

Negative Automotive Gross Profit

Persistent negative gross profit in the automotive segment highlights ongoing cost challenges, impacting profitability and long-term financial health.

High Adjusted EBITDA Loss

Significant EBITDA losses reflect operational inefficiencies and high costs, posing risks to achieving profitability and requiring strategic cost management.

Near-Term Demand Uncertainty

Demand fluctuations due to regulatory changes can affect sales stability, requiring adaptive strategies to maintain market demand and revenue growth.

Rivian Automotive Business Overview & Revenue Model

Company Description

Rivian Automotive, Inc. is an American electric vehicle manufacturer headquartered in Plymouth, Michigan. Founded in 2009, the company specializes in designing and producing electric trucks and SUVs, with a focus on adventure-oriented vehicles that combine utility and sustainability. Rivian's flagship products include the R1T electric pickup truck and the R1S electric SUV, both built on a flexible skateboard platform that accommodates various configurations and battery sizes. The company aims to redefine the automotive landscape by offering innovative electric solutions for outdoor enthusiasts and environmentally conscious consumers.

How the Company Makes Money

Rivian generates revenue primarily through the sale of its electric vehicles, notably the R1T and R1S models. The company has also established a reservation system, allowing customers to place deposits on vehicles before their official release, which helps to gauge demand and secure early funding. Additional revenue streams include the sale of accessories and services related to their vehicles. Rivian has formed strategic partnerships, notably with Amazon, which has invested in the company and ordered a fleet of electric delivery vans, providing a significant revenue stream. The company also explores potential revenue from charging networks and software services, including over-the-air updates and autonomous driving features, contributing to its long-term growth strategy.

Rivian Automotive Financial Statement Overview

Summary

Rivian Automotive shows improvement in revenue and gross profit margins, but remains unprofitable with negative net profit and EBIT margins. The balance sheet is strong with low leverage, but negative return on equity and cash flow challenges persist, indicating a need for better cash management.

Income Statement

Rivian Automotive's income statement shows a significant improvement in gross profit margin from negative to positive over the TTM, indicating better cost management. However, the company remains unprofitable with a negative net profit margin and EBIT margin, reflecting ongoing operational challenges. Revenue growth is positive, but the high negative margins suggest profitability is still a distant goal.

Balance Sheet

The balance sheet reveals a relatively low debt-to-equity ratio, indicating conservative leverage. However, the negative return on equity highlights the company's struggle to generate profits from its equity base. The equity ratio is stable, suggesting a solid asset base, but profitability remains a concern.

Cash Flow

Cash flow analysis shows a significant decline in free cash flow, indicating cash burn issues. The operating cash flow to net income ratio is positive, suggesting some operational cash generation, but the free cash flow to net income ratio is negative, highlighting cash flow challenges. The company needs to improve cash management to support growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.83B	4.97B	4.43B	1.66B	55.00M	0.00
Gross Profit	121.00M	-1.20B	-2.03B	-3.12B	-465.00M	-29.00M
EBITDA	-2.30B	-3.39B	-4.27B	-5.99B	-4.46B	-981.00M
Net Income	-3.58B	-4.75B	-5.43B	-6.75B	-4.69B	-1.02B
Balance Sheet
Total Assets	15.22B	15.41B	16.78B	17.88B	22.29B	4.60B
Cash, Cash Equivalents and Short-Term Investments	7.09B	7.70B	9.37B	11.57B	18.13B	2.98B
Total Debt	4.97B	5.74B	4.92B	1.81B	1.61B	180.00M
Total Liabilities	10.13B	8.85B	7.64B	4.08B	2.78B	5.99B
Stockholders Equity	5.07B	6.56B	9.14B	13.80B	19.51B	-1.38B
Cash Flow
Free Cash Flow	-489.00M	-2.86B	-5.89B	-6.42B	-4.42B	-1.76B
Operating Cash Flow	1.08B	-1.72B	-4.87B	-5.05B	-2.62B	-848.00M
Investing Cash Flow	-2.89B	-1.98B	-2.51B	-1.37B	-1.79B	-914.00M
Financing Cash Flow	851.00M	1.14B	3.13B	99.00M	19.83B	2.50B

Rivian Automotive Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.72
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RIVN, the sentiment is Positive. The current price of 14.72 is below the 20-day moving average (MA) of 14.72, above the 50-day MA of 14.24, and above the 200-day MA of 13.32, indicating a neutral trend. The MACD of 0.42 indicates Positive momentum. The RSI at 49.84 is Neutral, neither overbought nor oversold. The STOCH value of 13.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RIVN.

Rivian Automotive Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TSLA	73 Outperform	$1.34T	269.94	7.03%	―	-1.56%	-59.09%
LI	65 Neutral	$19.53B	17.73	11.91%	―	7.49%	-21.06%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
RIVN	53 Neutral	$18.05B	―	-65.28%	―	28.21%	44.43%
XPEV	53 Neutral	$23.48B	―	-9.01%	―	86.57%	51.35%
NIO	44 Neutral	$13.24B	―	-329.46%	―	9.60%	-5.91%
LCID	43 Neutral	$4.19B	―	-61.12%	―	45.86%	22.13%

Rivian Automotive Corporate Events

Rivian Approves New Stock Option for CEO

On November 6, 2025, Rivian Automotive‘s Board of Directors approved a new performance-based stock option for CEO Dr. Robert J. Scaringe, replacing a previous award from 2021. The new option allows the purchase of up to 36.5 million shares, contingent on achieving significant stock price and financial performance goals, designed to retain and incentivize Dr. Scaringe as Rivian progresses its technology roadmap and launches new products. Additionally, Dr. Scaringe received a profits interest award from Mind Robotics, a subsidiary of Rivian, providing him with a 10% economic interest once certain profit thresholds are met.

The most recent analyst rating on (RIVN) stock is a Hold with a $15.50 price target. To see the full list of analyst forecasts on Rivian Automotive stock, see the RIVN Stock Forecast page.

Rivian’s Earnings Call: Progress Amid Challenges

Rivian’s latest earnings call painted a mixed picture, highlighting both significant achievements and ongoing challenges. The company made notable strides in the development of its R2 program and strategic partnerships, yet it continues to grapple with financial hurdles such as negative automotive gross profit and high adjusted EBITDA losses. While strategic progress is evident, Rivian’s financial challenges remain a concern.

Rivian’s Q3 2025: Revenue Soars, R2 on Track

Rivian Automotive, Inc. is an American automotive manufacturer specializing in the development and production of electric vehicles, software, and services that cater to the entire vehicle lifecycle, aiming to redefine the electric vehicle market. In its third-quarter 2025 financial results, Rivian reported a significant 78% increase in consolidated revenue year-over-year, along with a gross profit of $24 million for the quarter. The company also highlighted its progress on the R2 vehicle, which is on track for deliveries in the first half of 2026, and announced an upcoming Autonomy & AI day. Key financial metrics for the quarter include the production of 10,720 vehicles and the delivery of 13,201 vehicles, marking the highest delivery quarter for the year. Automotive revenues rose by 47% to $1,142 million, while software and services revenue surged by 324% to $416 million. Rivian’s gross profit improved by $416 million compared to the previous year, driven by increased selling prices and cost reductions. Looking ahead, Rivian remains focused on scaling its commercial infrastructure and expanding its manufacturing capacity, with plans to create 7,500 jobs at a new facility in Georgia and increase annual production capacity. The company continues to enhance its product offerings and infrastructure, aiming to position itself strongly in the U.S. and European markets.

Rivian Settles Securities Litigation for $250 Million

Rivian Automotive, Inc. announced on October 23, 2025, that it has agreed to settle a securities class action litigation from 2022, which was pending in the United States District Court for the Central District of California. The company, while denying any wrongdoing, has agreed to pay $250 million to resolve the claims, allowing it to focus its resources on the upcoming launch of its mass market R2 vehicle in the first half of 2026. The settlement is subject to court approval and will be funded through a combination of insurance and cash on hand.

The most recent analyst rating on (RIVN) stock is a Sell with a $10.00 price target. To see the full list of analyst forecasts on Rivian Automotive stock, see the RIVN Stock Forecast page.

Rivian Reports Q3 2025 Production and Delivery Figures

On October 2, 2025, Rivian announced its production and delivery figures for the quarter ending September 30, 2025, with 10,720 vehicles produced and 13,201 delivered, aligning with its outlook. The company narrowed its 2025 delivery guidance to 41,500 to 43,500 vehicles and plans to release its third-quarter financial results on November 4, 2025, followed by an audio webcast to discuss business performance and outlook.

The most recent analyst rating on (RIVN) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on Rivian Automotive stock, see the RIVN Stock Forecast page.