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Rivian Dips as Credits Fade, Pushing the H2 Delivery Ramp to the Test
business14 days ago

Rivian Dips as Credits Fade, Pushing the H2 Delivery Ramp to the Test

Rivian’s stock is down about 25% year-to-date as $164 million of regulatory credits that aided first-half margins are set to vanish in H2 2026. The company must deliver roughly 42,400–47,400 vehicles in the second half to meet its 65,000–70,000 annual target, with the Normal plant’s second shift not contributing until Q4. The removal of credits is the main driver of a steeper H2 EBITDA loss, even as the R2 ramp continues and some costs improve. Autonomy+ revenue remains unproven, and investors will watch Q3 results to see if automotive gross profit turns positive without credits and whether the delivery ramp can offset the credit decline.

via 24/7 Wall St.|
#business#ebitda#ev
business1 month ago

Rivian's Margin Comeback Hinged on Per-Vehicle Cost Decline

Rivian's best-case scenario rests on fading ramp costs per vehicle as volume grows. Q2 2026 consolidated margins improved to 11% with the auto segment narrowing losses, but per-vehicle COGS remains about $88,400 after excluding roughly $8,200 of ramp-related charges. With 2026 deliveries guided to 65,000–70,000 and a plan to boost output via a second shift, management targets a positive automotive gross profit by Q4 2026. Achieving that milestone would unlock margin leverage; missing it would leave the ramp to be funded by cash and new equity, making the stock's value highly contingent on this single quarter.

via Trefis|
#automotive#business#cost-per-vehicle
Rivian rides strong Q2 beat as Launch Edition R2 conversions top expectations
business1 month ago

Rivian rides strong Q2 beat as Launch Edition R2 conversions top expectations

Rivian beat Q2 expectations with revenue of $1.66B and an adjusted EBITDA loss of $379M, and it lifted its full-year guidance while reaffirming 65,000–70,000 deliveries. Management said Launch Edition conversions for the R2 are meaningfully higher than Rivian’s internal projections, and that R2 costs are materially lower than R1, with a goal of positive gross margin on R2 by year-end. The company ended the quarter with about $5.3B in cash after a July $1.3B secondary offering to bolster its balance sheet as it ramps R2 production and a new Georgia factory amid ongoing supply-chain risks.

via Yahoo Finance|
#business#earnings#launch-edition
Rivian taps market for $1.5B to fund R2 ramp
business1 month ago

Rivian taps market for $1.5B to fund R2 ramp

Rivian announced an underwritten public offering of 75 million shares to raise about $1.5 billion (potentially ~$1.7B if underwriters exercise their option for up to 11.25 million additional shares), following a strong Q2 delivery beat and raised full-year guidance. The deal would dilute existing shareholders by roughly 6%. Proceeds are intended to fund the R2 ramp and related DOE loan equity obligations, giving Rivian more runway to scale production.

via Electrek|
#business#dilution#equity-offering
Rivian slides after announcing 75M-share offering and Q2 revenue preview
business1 month ago

Rivian slides after announcing 75M-share offering and Q2 revenue preview

Rivian (RIVN) stock fell after the company announced a 75 million-share offering of Class A common stock, with underwriters able to buy up to 11.25 million additional shares, potentially raising about $1.5 billion (up to roughly $1.7 billion with the overallotment). Proceeds will be used for general corporate purposes including equity contributions tied to its DOE loan for the Georgia manufacturing plant. The company also preannounced Q2 revenue of about $1.55–$1.65 billion, up from $1.30 billion a year earlier, driven by higher deliveries but offset by lower average selling prices due to a higher mix of commercial vans; cash, cash equivalents, and short-term investments were around $5.3 billion as of June 30. Rivian reported Q2 production of 12,613 vehicles and deliveries of 12,194, and lifted full-year 2026 delivery guidance to 65,000–70,000 vehicles; full Q2 results are due after the bell on July 30.

via Yahoo Finance UK|
#business#electric-vehicles#equity-offering
Rivian to raise up to $1.7B via 75-million-share offering as Q2 revenue pre-announced
business1 month ago

Rivian to raise up to $1.7B via 75-million-share offering as Q2 revenue pre-announced

Rivian Automotive said it will offer 75 million shares of Class A common stock (with an underwriter option for up to 11.25 million more), aiming to raise about $1.5-1.7 billion with proceeds for general corporate purposes including equity contributions tied to its DOE loan; the stock dropped around 11% in early trading. The company also preannounced Q2 revenue of $1.55-1.65 billion, up from $1.30 billion a year earlier, driven by higher vehicle deliveries but offset by lower average selling prices due to a higher mix of commercial vans, and cash and equivalents were about $5.3 billion as of June 30. Rivian had previously reported Q2 production of 12,613 and deliveries of 12,194 and raised its 2026 delivery guidance to 65,000-70,000 vehicles; full results are due after the market close on July 30.

via Yahoo Finance|
#business#delivery-guidance#q2-revenue
Rivian's R2 Test-Drive Becomes Bullish Indicator, Analyst Says TAM Expands
business2 months ago

Rivian's R2 Test-Drive Becomes Bullish Indicator, Analyst Says TAM Expands

Needham reiterates a Buy on Rivian with a $23 target, arguing the R2 launch is TAM-expanding and could bring new buyers into Rivian’s ecosystem; catalysts include point-to-point navigation, a LiDAR-enabled hands-free variant, and cheaper R2 trims. Rivian says missing features on the initial R2 rollout were delayed for quality and will arrive via monthly OTA updates this summer. With R2 deliveries underway, the stock rose about 1% in overnight trading as investors are encouraged to test-drive the vehicle rather than rely on broad EV adoption alone, supporting a bullish longer-term view despite near-term volatility.

via Yahoo Finance|
#autonomy#business#needham
Rivian Dips on Cash Burn Yet Beats Q1 Expectations
market-news4 months ago

Rivian Dips on Cash Burn Yet Beats Q1 Expectations

Rivian beat Q1 expectations with revenue of about $1.38B and a narrower loss of $0.33 per share, but the stock fell ~5% after hours as investors weigh elevated R2 spending and cash burn against the solid quarter. The company produced 10,236 vehicles and delivered 10,365, maintaining a full-year delivery outlook of up to 67,000. Liquidity stood around $5.4B, down from $6.1B prior, with much of the cash tied to the R2 platform whose large-scale production isn’t expected until 2026. Management stressed cash management going forward; Wall Street’s consensus remains a Moderate Buy with a target near $18, implying ~9.8% upside if spending stays on track.

via TipRanks|
#automotive#earnings#market-news
Rivian's 5-Year Upswing Hinges on R2 Success and Full Autonomy
business4 months ago

Rivian's 5-Year Upswing Hinges on R2 Success and Full Autonomy

Rivian could rebound and rally by 2031 if it (1) captures a meaningful share of the midsize SUV market with the lower-priced R2, and (2) achieves Level 4 autonomy in time to fulfill Uber’s deal for 10,000 autonomous R2s (with potential expansion and substantial investment). If either condition stall, Rivian remains a high-risk stock amid competition from Tesla and execution hurdles.

via The Motley Fool|
#autonomy#business#ev
Rivian Gains After TD Cowen Upgrades to Buy on R2 Growth Outlook
market-news5 months ago

Rivian Gains After TD Cowen Upgrades to Buy on R2 Growth Outlook

Rivian (RIVN) jumped ~7% after TD Cowen upgraded to Buy, arguing the next US EV demand upcycle may arrive sooner than expected, driven by the upcoming R2 SUV (launching H1 2026 at about $45k) which could lift annual U.S. deliveries well above current estimates and lift 2027 projections; the move comes as Rivian has fallen ~20% YTD, offering an attractive entry, though the broader consensus remains Hold with limited upside.

via TipRanks|
#ev#market-news#r2-platform
UBS Upgrades Rivian on Rally, but Sees Limited Upside Ahead
markets6 months ago

UBS Upgrades Rivian on Rally, but Sees Limited Upside Ahead

UBS analyst Joseph Spak upgrades Rivian (RIVN) to Neutral after a ~27% Friday surge driven by a Q4 beat and bets on the mass‑market R2 to lift 2026 deliveries to about 62k–67k. However, upside is seen as limited if R1/RCV demand falters, EV tax-credit headwinds persist, and production/ADAS execution risk remains, leaving the stock volatile and range‑bound despite UBS raising its target to $16.

via TipRanks|
#markets#rivian#rivian-r2
Rivian Ownership Breakdown Ahead of Q4 Earnings
business6 months ago

Rivian Ownership Breakdown Ahead of Q4 Earnings

Ahead of Rivian’s February 12 Q4 2025 results, TipRanks shows public investors own about 79.77% of RIVN, followed by ETFs (10.87%), mutual funds (8.76%), insiders (0.55%), and other institutions (0.04%). Vanguard is the largest holder at roughly 6%, with ETF exposures from VTI and VB. Wall Street’s consensus is Hold with a $18.41 target, suggesting about 24% upside; the stock traded up about 8% to $14.80 ahead of earnings.

via TipRanks|
#business#etfs#mutual-funds
"Rivian R2 Launch Sparks Bullish Momentum for EV Stock"
business2 years ago

"Rivian R2 Launch Sparks Bullish Momentum for EV Stock"

Rivian's stock is on the rise ahead of the launch of its new R2 electric SUV, with a buy rating from Jefferies Financial Group suggesting over 45% upside potential. The R2, set to be revealed today, is expected to be a more affordable option starting at $47,000 with up to 330 miles of range, potentially falling below $40,000 with the EV tax credit. Despite concerns about cash reserves and recent financial losses, Rivian remains confident in its future prospects, aiming for improved margins and profitability as it expands its brand and production capacity.

via Electrek|
#business#electric-vehicles#r2-launch