Rivian's upcoming quarterly earnings should give good insight about the potential of future margin and revenue expansion. Rivian recently announced first-quarter deliveries of 8,640 which was a 36% YoY decline but above the consensus analysts estimate of 8,200. The trade war and brand backlash for Tesla could increase significantly over the next few months, which should help Rivian build a better growth momentum.
Shares of Rivian Automotive (NASDAQ:RIVN) popped 4.86% in a.m.
Rivian Automotive (RIVN) closed the most recent trading day at $11.21, making no change from the previous trading session.
Investors knew that 2025 might be a slow one for Rivian Automotive (RIVN -2.99%). The young electric vehicle (EV) maker doesn't have any obvious catalysts to boost demand or deliveries throughout the year, and its highly anticipated R2 model doesn't launch until 2026.
Rivian stock (NASDAQ: RIVN) was hit hard by the market's reaction to the April 2 tariffs. However, recent price action might provide investors with a long time horizon with quite an attractive entry point.
Rivian's U.S.-based manufacturing shields it from Trump's 25% tariffs on imported vehicles, creating a competitive pricing advantage over foreign EV and ICE vehicles. Strong Q1 deliveries and improved cost controls signal Rivian's operational efficiencies, making shares appear undervalued and justifying a strong buy rating. Rivian's strategic focus on core operations and the spin-off of non-core projects streamline its business, enhancing its financial position and growth potential.
The embattled EV maker Rivian Automotive NASDAQ: RIVN recently got some much-needed good news. Shares rose nearly 8% on Mar. 27 after President Trump announced big-time tariffs on foreign cars and components.
RIVN's deliveries drop to 8,640 vehicles from 13,588 in the same period last year due to sluggish demand for EV.
Shares of Rivian (RIVN) fell Wednesday, retreating after a climb off 2025 lows seen just last month.
Electric vehicle (EV) maker Rivian Automotive (RIVN -4.97%) released first-quarter deliveries today, and the stock tanked. If you liked Rivian stock before today, though, you should like it even more now.
(Reuters) - Rivian reported a 36% decline in first-quarter deliveries on Wednesday, as the electric-vehicle maker grapples with weak demand, sending its shares down nearly 6%. EV makers have been battling tough demand as consumers opt for cheaper hybrid and gas-powered vehicles in an uncertain economic and political environment. aAdsList.push('Article'); aAdsListSize.push([300, 250]); aAdsListCA.push(null); "I would say the sector at the moment is out of favor. Over the medium to long term, EVs are still inevitable, and so it's just going to take some time for these companies to continue to ramp up," said Andres Sheppard, senior equity analyst at Cantor Fitzgerald. Rivian Chief Financial Officer Claire McDonough had said in February vehicle deliveries would be lower this year due to soft demand, partially because of the impact of fires in Los Angeles. Demand could be further pressured as U.S. President Donald Trump's tariff policies are expected to accelerate inflation and increase prices of automobiles, making consumers wary of committing to big purchases. Sheppard said Rivian's margins would be affected by tariffs, and it could face a larger hit from the duties as opposed to bigger players such as Tesla. Rivian CEO RJ Scaringe had said earlier this year the company expects higher costs from tariffs on Mexico and Canada as it has a supply chain footprint in these countries. The company delivered 8,640 vehicles in the quarter ended March 31, down from 13,588 a year earlier. But the deliveries exceeded analysts' estimate of 8,200, according to Visible Alpha. Tesla reported a 13% slump in quarterly sales, its weakest performance in nearly three years, as backlash to CEO Elon Musk's embrace of far-right politics grows and consumers seek out newer models from rival EV makers. Rivian produced 14,611 vehicles in the first quarter, compared with 13,980 a year ago. It reaffirmed its annual deliveries forecast. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Shilpi Majumdar) By Zaheer Kachwala
Electric vehicle companies, just like any other automaker, live and die on vehicle delivery numbers.