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).
Rivian Automotive (RIVN) closed the most recent trading day at $13.77, moving +2.84% from the previous trading session.
RIVN hits record gross profit and eyes margin gains from higher R2 output as it gears up for 2026 launch.
Shares of Rivian Automotive Inc. (NASDAQ: RIVN) have retreated 5.7% over the past five trading sessions, bringing the stock's year-to-date gain to 0.7%.
In the most recent trading session, Rivian Automotive (RIVN) closed at $13.39, indicating a -2.73% shift from the previous trading day.
Shares of Rivian Automotive (NASDAQ:RIVN) fell by 5.56%, compounding a one-month loss that has seen the tock slide by 15.53%.
Rivian Automotive (RIVN -3.34%) has a very promising future. Starting in early 2026, management expects to start production of three new affordable electric vehicles (EVs).
RIVN's AI-powered Rivian Autonomy Platform, standard on R1 models, boosts its edge in the EV driver-assist race.
Rivian Automotive, Inc. (NASDAQ:RIVN ) Deutsche Bank Global Auto Industry Conference Call June 12, 2025 12:00 PM ET Company Participants Claire Rauh McDonough - Chief Financial Officer Conference Call Participants Xin Yu - Deutsche Bank AG, Research Division Xin Yu All right. Welcome to the lunch session at the DB Global Auto Conference.
Rivian Automotive (RIVN) closed at $14.20 in the latest trading session, marking a -1.39% move from the prior day.
The EV market is expected to grow at a compound annual growth rate (CAGR) of 32% through 2030, but Rivian Automotive Inc.
Rivian's stock has seen a bearish sentiment in the last few weeks, but the long-term fundamentals continue to improve. The recent earnings showed an increase in revenue in the Software and Services segment to $318 million from $88 million a year-ago. The gross margin has also improved to 17% from negative 44 percent a year ago despite a stagnant YoY revenue number.