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Rivian Automotive, Inc.NasdaqGS:RIVN Stock Report

Market Cap US$19.9b
Share Price
US$16.40
US$25.41
35.5% undervalued intrinsic discount
1Y19.2%
7D-3.2%
Portfolio Value
View

Rivian Automotive, Inc.

NasdaqGS:RIVN Stock Report

Market Cap: US$19.9b

Rivian Automotive (RIVN) Stock Overview

Develops, manufactures, and sells category-defining electric vehicles. More details

RIVN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

RIVN Community Fair Values

Create Narrative

See what 285 others think this stock is worth. Follow their fair value or set your own to get alerts.

Rivian Automotive, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Rivian Automotive
Historical stock prices
Current Share PriceUS$16.40
52 Week HighUS$22.69
52 Week LowUS$11.57
Beta1.69
1 Month Change8.97%
3 Month Change11.19%
1 Year Change19.19%
3 Year Change26.64%
5 Year Changen/a
Change since IPO-83.72%

Recent News & Updates

Recent updates

Rivian: It's All About R2

Apr 29

RIVN: Future Upside Will Depend On Partnerships And New Platform Execution

Analysts kept the $25 price target for Rivian unchanged, balancing mixed Street calls that highlight both cautious views on EV adoption and cash burn, as well as more constructive takes around the Uber partnership and potential R2 demand. At the same time, they modestly adjusted model inputs such as discount rate, revenue growth, profit margin, and future P/E assumptions.

RIVN: Autonomy Hopes Will Struggle Against Persistent Cash Burn And Losses

Rivian Automotive's analyst price target has shifted slightly lower to $9.06 from $10.00, as analysts factor in higher projected losses, a more cautious profit margin, and a higher future P/E assumption, partially offset by stronger expected revenue growth and modestly positive readthroughs from recent research on the Uber partnership and upcoming R2 launch. Analyst Commentary Recent research on Rivian shows a split tape of opinions, with some firms leaning more constructive on long term potential and others sharpening their focus on execution risks, cash burn, and valuation.

RIVN: Future Upside Will Depend On Autonomous Partnership Execution

Rivian's analyst price target framework holds fair value steady at $25.00, with recent Street research reflecting a mix of higher targets tied to R2 demand potential and partnership momentum, alongside more cautious views focused on EV adoption, profitability timing, and execution risk. Analyst Commentary Recent Street research on Rivian shows a wide range of views, but there is a clear cluster of bullish analysts who are leaning into the R2 launch, partnership traction, and execution progress, while others highlight EV adoption risk, capital intensity, and the timing of any benefit from new models.

RIVN: Future Fair Value Upside Will Depend On R2 Execution

Our Rivian Automotive fair value estimate remains at $25, as analysts balance lower Street price targets in the $9 to $20 range tied to concerns about EV adoption, R2 ramp risks, and larger projected losses, with more supportive views citing recent progress on execution and the R2 launch. Analyst Commentary Street research on Rivian is split, with several firms highlighting risks around EV adoption, R2 execution, and projected losses, while more constructive voices focus on recent product milestones and valuation reset.

RIVN: Higher Fair Value Estimate Will Hinge On Execution Risk

The analyst fair value estimate for Rivian Automotive has been lifted from $19.89 to $25.00, reflecting updated assumptions for faster revenue growth, a slightly lower discount rate, and Street research that views recent Q4 progress and the R2 launch as supportive, despite ongoing concerns about execution and R2 ramp risks. Analyst Commentary Recent Street research on Rivian Automotive reflects a split view, with some bullish analysts highlighting progress around the Q4 update and the R2 launch, while more cautious voices focus on execution risks, cash burn, and the challenge of scaling without the support of tax credits or a traditional dealer network.

RIVN: Autonomy Roadmap And VW Partnership Will Support Future Multiple

Narrative Update Analysts now see Rivian Automotive's fair value at about $16.96 per share, up from roughly $16.67. They factor in a higher discount rate, slightly lower long term revenue growth and profit margins, and a higher future P/E multiple, reflecting mixed views from recent downgrades and price target increases.

RIVN: Autonomy Enthusiasm Will Clash With Mounting Losses And Cash Burn

Analysts have lifted their fair value estimate for Rivian Automotive from $7.81 to $10.00 per share, reflecting updated assumptions around higher long term revenue growth, a slightly richer future P/E, and a modestly lower discount rate, while still factoring in concerns about cash burn, margin pressure, and execution risk highlighted in recent research. Analyst Commentary Recent research shows a mixed but increasingly cautious tone toward Rivian Automotive, with several bearish analysts reassessing the balance between long term growth potential and near term execution and funding risks.

The Price Is Right For Rivian Automotive, Inc. (NASDAQ:RIVN) Even After Diving 26%

Jan 18
The Price Is Right For Rivian Automotive, Inc. (NASDAQ:RIVN) Even After Diving 26%

RIVN: Expiring EV Incentives Will Threaten Demand Despite Higher Future Multiple

Narrative Update Analysts have nudged our Rivian Automotive fair value estimate up from $15.75 to about $16.67. They cite a blend of updated Street price targets, modestly higher assumed future P/E, slightly improved long term margin assumptions, and a lower discount rate, even as revenue growth expectations remain broadly similar.

RIVN: Expiring EV Incentives Will Pressure Demand And Future Profitability

Analysts modestly raised our Rivian Automotive fair value estimate from $14.83 to $15.75 per share, reflecting a slightly lower discount rate, somewhat softer long term growth and margin assumptions, and a higher expected future P/E multiple, as Street research highlights Rivian's positioning to capture ongoing but more selective electric vehicle demand. Analyst Commentary Street research on Rivian remains divided, with recent target price changes and rating moves underscoring both meaningful upside potential and tangible execution risks.

RIVN: Expiring Incentives And Cost Cuts Will Challenge Upcoming Performance

Rivian Automotive’s analyst price target increased modestly, rising as much as $4 from prior forecasts. Analysts point to the company’s strategic position in the electric vehicle market along with adjustments in industry demand and production trends.

RIVN: Near-Term Demand Shifts And Industry Tailwinds Will Shape Future Performance

Rivian Automotive's analyst price target has increased modestly from $14.35 to $14.79. This change reflects analysts' expectations for improved revenue growth in the electric vehicle sector and ongoing long-term demand, despite near-term market challenges.

Rivian Automotive, Inc.'s (NASDAQ:RIVN) P/S Is Still On The Mark Following 28% Share Price Bounce

Nov 11
Rivian Automotive, Inc.'s (NASDAQ:RIVN) P/S Is Still On The Mark Following 28% Share Price Bounce

RIVN: Sector Headwinds And Product Updates Will Shape Medium-Term Outlook

Rivian Automotive's fair value estimate has edged down slightly to $14.35 from $14.48 per share. Analysts have factored in softer electric vehicle demand, updated delivery forecasts, and mixed industry tailwinds in their revised price targets.

Accelerated EV Adoption And Vertical Integration Will Drive Efficient Manufacturing

Rivian Automotive's analyst price target has seen a modest increase, rising to approximately $14.48 as analysts point to improved U.S. vehicle sales forecasts and resilient demand outlooks. These factors are supporting a slightly higher valuation.

Accelerated EV Adoption And Vertical Integration Will Drive Efficient Manufacturing

Rivian Automotive’s analyst price target has risen modestly, with consensus fair value estimates increasing by $0.22 to $14.26 per share. Analysts cite stronger U.S. auto demand and resilient electric vehicle sales as key supporting factors.

Accelerated EV Adoption And Vertical Integration Will Drive Efficient Manufacturing

Rivian’s modest price target increase to $14.04 reflects cautious optimism as bearish analysts cite softening demand, regulatory headwinds, and tariff risks, while bullish analysts see cost reductions and upcoming product catalysts as balancing factors. Analyst Commentary Lowered EBITDA guidance and removal of regulatory credits have led to downward price target revisions, though earnings estimates may be approaching a bottom.

Accelerated EV Adoption And Vertical Integration Will Drive Efficient Manufacturing

Rivian’s consensus analyst price target held steady at $13.94 as market caution persists due to weakened EV demand, U.S. policy headwinds, and lower earnings guidance, partially offset by optimism around new product launches and autonomy initiatives. Analyst Commentary Bearish analysts cite ongoing softness in R1 vehicle demand and lower confidence in R2 and R3 volume and ASP assumptions due to weakened long-term market outlooks.

Investors Appear Satisfied With Rivian Automotive, Inc.'s (NASDAQ:RIVN) Prospects As Shares Rocket 28%

May 13
Investors Appear Satisfied With Rivian Automotive, Inc.'s (NASDAQ:RIVN) Prospects As Shares Rocket 28%

Rivian: All Eyes On Gross Margin For Upcoming Earnings

Apr 14

Rivian And Its Broken Risk-To-Reward

Apr 05

Rivian: A Quiet Turnaround With The Software Segment In The Driver's Seat

Mar 31

Rivian Automotive Plays Second Fiddle In The EV Space

Mar 24

Rivian: Cash & Investments Account For 61% Of Market Value

Mar 06

Rivian Stock Could Show A Big Boost As Tesla's Brand Image Suffers

Feb 25

Rivian Q4 Earnings Preview: What's At Stake

Feb 19
User avatar

R2 Program's Cost Advantages And Volkswagen Partnership Will Drive Future Success

The R1 and R2 platforms' significant cost reductions are poised to boost future profit margins and profitability as production increases.

Rivian: Trump's EV Headwinds Are Intensifying

Feb 07

Rivian: Volkswagen Bull Case Is Getting Stronger (Rating Upgrade)

Jan 20

Rivian: My Best Investment Idea For 2025

Jan 05

Rivian: Cost Cuts Could Deliver Good Results In 2025

Dec 18

Putting Rivian Automotive's Latest Surge In Perspective

Dec 10

Rivian: EV Subsidies Are Ending (Rating Downgrade)

Nov 29

Tax Credit Cut, A Spontaneous Tesla Boycott, And Why The Rivian Selloff Is Unjustified

Nov 19

Rivian: It May Get Worse Before It Gets Better

Nov 12

Rivian Q3 Preview: Big Quarter With Big Implications (Rating Downgrade)

Nov 05

Rivian: I Was Early And Wrong (Rating Downgrade)

Oct 24

Rivian Readies For Profitability With R1 Gen 2

Oct 13

Bad News For Rivian (Rating Downgrade)

Oct 07

Shareholder Returns

RIVNUS AutoUS Market
7D-3.2%1.6%0.6%
1Y19.2%33.4%28.7%

Return vs Industry: RIVN underperformed the US Auto industry which returned 33.4% over the past year.

Return vs Market: RIVN underperformed the US Market which returned 28.7% over the past year.

Price Volatility

Is RIVN's price volatile compared to industry and market?
RIVN volatility
RIVN Average Weekly Movement10.4%
Auto Industry Average Movement10.4%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

Stable Share Price: RIVN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: RIVN's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200915,232R.J. Scaringewww.rivian.com

Rivian Automotive, Inc., together with its subsidiaries, develops, manufactures, and sells category-defining electric vehicles. It operates through two segments, Automotive, and Software and Services. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand; and a three-row, seven-passenger sport utility vehicle under the R1S name.

Rivian Automotive, Inc. Fundamentals Summary

How do Rivian Automotive's earnings and revenue compare to its market cap?
RIVN fundamental statistics
Market capUS$19.93b
Earnings (TTM)-US$3.65b
Revenue (TTM)US$5.39b
3.8x
P/S Ratio
-5.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RIVN income statement (TTM)
RevenueUS$5.39b
Cost of RevenueUS$5.24b
Gross ProfitUS$144.00m
Other ExpensesUS$3.79b
Earnings-US$3.65b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-2.94
Gross Margin2.67%
Net Profit Margin-67.68%
Debt/Equity Ratio96.6%

How did RIVN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 03:58
End of Day Share Price 2026/04/30 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Rivian Automotive, Inc. is covered by 35 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin KalloBaird
Dan LevyBarclays
Michael LeggBenchmark Company