Rivian Automotive, Inc. (RIVN) AI Stock Analysis

Rivian Automotive, Inc. designs, develops, manufactures, and sells electric pickup trucks, sports utility vehicles, and related accessories. Founded in 2009 and based in San Jose, California, the company offers consumer vehicles including five-passenger trucks and SUVs engineered with advanced technology and performance capabilities. Rivian also developed the Rivian Commercial Vehicle platform, featuring an electric Delivery Van built in collaboration with Amazon.com for last-mile logistics. The company sells its products through a direct-to-consumer sales model to manage customer engagement, quality control, and vehicle service standards.

Rivian's annual revenue rose from $55.0M in FY2021 to $5.39B in FY2025, representing a 4-year revenue CAGR of 214.6%. Annual revenue growth moderated to 8.4% in FY2025 following a 12.1% increase in FY2024. Gross margin turned positive at 2.7% in FY2025 compared to -24.1% in FY2024 and -845.5% in FY2021. However, operating margin was -66.5% and net income was -$3.65B in FY2025. In the trailing twelve months ending June 30, 2026, revenue stood at $5.88B with quarterly revenue growing 27.2% year-over-year, while TTM profit margin was -55.0% and EPS was -$2.58.

As of June 30, 2026, Rivian held $5.31B in cash and short-term investments, total debt of $5.35B, and net debt of $43.0M. Shareholders' equity was $5.13B, resulting in a debt-to-equity ratio of 1.04 and a current ratio of 2.10. Operating cash flow in FY2025 was -$779.0M, an improvement from -$1.72B in FY2024. Free cash flow was -$2.49B in FY2025, reflecting capital expenditures of $1.71B and R&D spending of $1.67B. The company's share count expanded 41.6% over five years.

Rivian shares closed at $12.42 on October 16, 2026, representing a market capitalization of $17.98B and an enterprise value of $21.79B. The stock trades at a price-to-sales multiple of 3.1x and an EV-to-revenue multiple of 3.7x, compared to a median price-to-sales multiple of 0.7x for its US-listed Consumer Cyclical peers. The stock's price-to-book ratio is 4.3x. Over the trailing 12 months, Rivian shares declined 3.8%, underperforming the S&P 500 (SPY) return of 16.8%. The stock is down 37.0% year-to-date and sits 21.5% below its 200-day average.

Wall Street analysts hold 8 Strong Buy, 4 Buy, 8 Hold, 2 Sell, and 3 Strong Sell ratings on Rivian. The mean price target is $19.00, which is 53.0% above the last close of $12.42. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $7.45B and an EPS of -$2.43. For the following fiscal year, 15 analysts forecast revenue of $11.72B and an EPS of -$2.21. Rivian has beaten EPS estimates in 3 of the last 4 quarters, with its next earnings date scheduled for October 29, 2026.

This page is an AI-written research summary of Rivian Automotive, Inc. (RIVN). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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