$RIVN

Rivian (RIVN) shares fell 25% in three months, while the S&P 500 rose 3.4%. The company is launching the cheaper R2 SUV, with early demand exceeding expectations. Rivian delivered 19,248 vehicles in Q3, up 46% YoY. The R2 is crucial for the automotive segment, which contributed 71% of 2025 revenue but saw a 14.6% revenue decline YoY. Rivian targets positive R2 gross profit by late 2026. The stock trades 40.4% below its 52-week high, with a P/S ratio of 3.0.

Rivian (RIVN) shares fell 3.52% to $12.90, marking a 7-day losing streak. The company's P/S ratio is 2.76, below its historical median. Q3 2026 deliveries rose 45.8% YoY to 19,248 units. Insiders bought $1.0B in shares vs. $7.3M sold. GF Score is 54/100, with strengths in valuation and momentum, but weaknesses in profitability and financial strength.

Rivian (RIVN) shares fell 3.52% to $12.90, extending losses for the seventh consecutive session. The stock has dropped nearly 8% since October 6, while the S&P 500 remained flat. Seeking Alpha rates Rivian Hold (3.16/5), with poor grades for valuation and profitability, though some analysts rate it Buy, citing Q3 delivery growth of 45.8% YoY.

Rivian has appointed Jody Kerns, formerly of Tesla's Cybercab line, as Director of General Assembly for its R2 SUV. Kerns replaces Alborz Monzavi, who left for Zellerfeld Shoe Company. Rivian aims to scale R2 production, with a second shift starting and a third planned for 2027. The company delivered 19,248 vehicles in Q3 and expects 65,000-70,000 for the year, including 20,000-25,000 R2s.

Rivian (RIVN) and Redwood Materials expanded their partnership to recycle EV batteries and provide energy storage. Redwood will repurpose and recycle Rivian's battery scrap and end-of-life packs, with 10 MWh of storage already deployed at Rivian's Illinois plant. The collaboration aims to improve grid reliability and reduce energy costs, while advancing a circular supply chain for battery materials.

Doug Field, former Tesla and Ford executive, joins Mind Robotics, a Rivian-backed startup, as president. Mind has raised over $1 billion and is developing AI-driven robotics for manufacturing. Field's expertise in hardware industrialization is seen as crucial for Mind's success.

Rivian (RIVN) and Lucid (LCID) have underperformed the market over the past six months. Rivian is launching the R2, aiming for positive gross profit by 2026. Lucid, with a lower valuation, faces challenges in improving vehicle economics. Rivian's valuation reflects progress, but both companies need to demonstrate consistent profitability.

Rivian delivered 19,248 vehicles in Q3, exceeding analyst estimates of 18,001, marking a new quarterly record. Despite the beat, shares fell 2% as the company reaffirmed its full-year guidance of 65,000-70,000 deliveries, disappointing investors expecting an upward revision. The R2 SUV, starting at $45,000, drove demand, with 19,751 vehicles built in the quarter.

U.S. EV sales rebounded in Q3 2026, rising 7.7% from Q2 to 266,630 units, though down 38.6% year-over-year. Tesla led with 144,094 sales, 54% market share. Rivian and Toyota saw growth, while Ford, Chevrolet, and Volkswagen reported declines. EVs accounted for 6.5% of new vehicle sales.

Rivian Automotive (RIVN) shares have declined 29.17% year-to-date, but some investors remain bullish due to the R2 midsize SUV launch and improving margins. The company reported $1.7B in Q2 2026 revenue and $179M in gross profit, though it still faces cash burn and dilution risks. Analysts' price targets range from $13 to $25, with an average of $19.23. Risks include regulatory credit dependence, pricing pressure, and short interest at 14.90%.