Rivian Automotive, Inc. Class A Common Stock (RIVN)
Exclusive: Rivian developing variants of its more affordable R2 EVs
Rivian is working on undisclosed variants of its R2 electric vehicles, the company's CEO said, days after starting volume production of the smaller and more affordable SUVs.
Wall Street Sees 21% Upside for Rivian Despite R2 Pricing Disappointment
Rivian (NASDAQ:RIVN | RIVN Price Prediction) currently trades around $15, while Wall Street's average price target sits at $18.16.
Rivian Q1 Earnings Beat on Higher Deliveries and Software Strength
RIVN beats Q1 estimates as deliveries jump and software surges, but rising costs and automotive losses weigh on margins and cash flow outlook.
Rivian beats earnings estimates amid R2 production ramp
Rivian Automotive Inc (NASDAQ:RIVN) reported first-quarter 2026 results that topped analyst estimates across key metrics, as the electric vehicle maker kicked off scalable production of its long-awaited R2 model and expanded capacity at its Georgia manufacturing facility. Revenue for the quarter ended March 31 came in at $1.38 billion, up 11% year-over-year and ahead of the consensus estimate of $1.36 billion, driven by a 20% increase in delivery volumes and a surge in software and services revenue.
Rivian Automotive, Inc. (RIVN) Q1 2026 Earnings Call Transcript
Rivian Automotive, Inc. (RIVN) Q1 2026 Earnings Call Transcript
Rivian Automotive (RIVN) Reports Q1 Loss, Tops Revenue Estimates
Rivian Automotive (RIVN) came out with a quarterly loss of $0.55 per share versus the Zacks Consensus Estimate of a loss of $0.6. This compares to a loss of $0.41 per share a year ago.
Here's What Key Metrics Tell Us About Rivian Automotive (RIVN) Q1 Earnings
While the top- and bottom-line numbers for Rivian Automotive (RIVN) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Rivian Automotive Boosts Initial Capacity for Georgia Plant; First-Quarter Revenue Rises
Rivian plans to increase initial production capacity for a plant it's building in Georgia by 50%, a move the electric car maker disclosed as it posted higher revenue in its latest quarter.
Rivian renegotiates DOE loan down to $4.5 billion, adjusts capacity plans for Georgia plant
Rivian has renegotiated a loan from the U.S. Department of Energy from a prior amount of $6.57 billion down to $4.5 billion. The changes allow Rivian to draw on the loan sooner and have greater initial production but lowers its total production capacity for the plant amid uncertain demand for all-electric vehicles.
Rivian downsizes DOE loan to $4.5B, while boosting capacity of Georgia factory
Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build its new factory in Georgia, down from the original amount of $6.6 billion allocated under the Biden administration.
Rivian: It's All About R2
Rivian is rated sell, as the current valuation already prices in R2 program optimism despite significant execution risks. The R2 production ramp is the critical determinant for RIVN's future, with profitability and demand clarity unlikely before late 2027. Short interest remains high, driving volatility, while recent capital infusions from Uber and Volkswagen secure liquidity for the R2 ramp.
Rivian CEO Makes $403 Million
Rivian (NASDAQ: RIVN | RIVN Price Prediction) CEO RJ Scaringe made $403 million last year.
