Rivian Automotive (RIVN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
RIVN doubles down on pure EVs, betting upcoming R2 and R3 models can compete head-to-head with hybrids without using engines.
RIVN sharpens cost discipline while advancing autonomous tech and ramping toward its R2 launch next year.
Shares of Rivian Automotive (NASDAQ:RIVN) gained 2.47% over the past five trading sessions after surging 14.82%% the five prior.
I upgrade Rivian Automotive to a strong buy heading into 2026, mainly driven by improving margins, favorable policy tailwinds, and a nice catalyst ahead. Q3 beat Street estimates ($1.56B revenue vs. $1.51B; -$0.65 adj. loss/share vs. -$0.71), and management reiterated FY2025 delivery/EBITDA/capex guidance despite weaker Q4 demand expectations. Software and services, comprising 27% of Q3 revenue, enabled positive gross profit despite automotive segment losses (-$130M).
Rivian Automotive (RIVN) reported earnings 30 days ago. What's next for the stock?
RIVN moves to fix a seat belt defect in its delivery vans with an OTA update and free pretensioner replacements after a major recall.
The voluntary recall, announced Nov. 18, covers Electric Delivery Van models built between 2022 and 2025.
Shares of Rivian Automotive Inc. (NASDAQ: RIVN) are changing hands for 10.5% more than a week ago, despite a significant recall of nearly 35,000 vehicles due to a seatbelt issue and another round of layoffs.
Rivian Automotive plans to recall 34,824 U.S. vehicles due to a damaged seat belt pretension cable that may fail to properly restrain the driver's seat belt, increasing crash injury risk, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday.
Shares of Rivian Automotive (NASDAQ:RIVN) popped 14.82% over the past five trading sessions after gaining 3.06% the five prior.
Rivian Automotive (RIVN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.