Rivian Automotive Inc - Ordinary Shares - Class A

Rivian Automotive Inc - Ordinary Shares - Class A

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Market Cap$20.48B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Rivian Automotive Inc - Ordinary Shares - Class ARivian Automotive Inc - Ordinary Shares - Class A-5.8--79%4.51.5

Earnings Call Q1 2026

April 30, 2026 - AI Summary

R2 milestone + major cost/scale plan (good/surprising) - Rivian started saleable R2 production in Normal, Illinois and began employee deliveries; management says early excitement from journalists/customers is “overwhelmingly positive.” - R2 is targeted as a “game changer” mass-market vehicle for the 5-passenger SUV/crossover segment with a more accessible price point. - Cost-down thesis: R2 bill of materials expected ~half of R1; for non-BOM COGS, expect >50% reduction via design-for-manufacturing + fixed-cost absorption at higher volumes. - Key engineering changes include part eliminations, large die castings, structural battery pack, new efficient drive unit, and architecture changes reducing copper wiring + consolidating high-voltage electronics.
Normal ramp + Georgia expansion timeline and capacity increase (opportunity/forecast) - Normal ramp: R2 production starts at single shift, targeting 2 shifts by end of 2026, ramping toward a “North Star” of profitably delivering 4,000 vehicles/week in Normal. - Georgia plant: Rivian will partner with the U.S. DOE and has increased the first-phase capacity from 200,000 to 300,000 units/year (strategy attributed to confidence in R2 and scaling needs). - Start of Georgia midsized platform production: still expected late 2028; management emphasizes Georgia later phases remain flexible (lower pad untouched for future expansion).
Q1 2026 financial snapshot (mixed; important negatives + adjusted view) - Revenue: consolidated revenue ~$1.4B, +11% YoY. - Gross profit/margin: $119M gross profit, 9% gross margin (gross profit includes $122M depreciation and $27M stock-based compensation). - Automotive profitability: automotive gross profit loss of $62M (improved vs $92M loss YoY), driven by lower sales of regulatory credits (~$100M decrease) plus lower production volumes and higher depreciation/SBC. - Operating/EBITDA: Adjusted EBITDA loss $472M—management links the losses to scaling preparation for R2 + investment in autonomy roadmap. - Software & Services strength: $473M revenue (+49% YoY) and $181M gross profit; ~60% of segment revenue tied to VW joint venture; growth also from remarketing + parts/service.

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$16.55

Target Price by Analysts

8.7% downsideRivian Automotive Target Price DetailsTarget Price

Share Statistics

Market cap$20.48 Billion
Enterprise Value$24.21 Billion
Dividend Yield$- (-)
Earnings per Share$-3.07
Beta1.65
Outstanding Shares1,249,000,000

Return

Return on Equity-79.41%ROE
Return on Assets-24.71%
Return on Invested Capital-35.44%

Valuation & Multiples

P/E Ratio-5.79P/E Ratio
PEG24.46PEG
Price to Sales4.53Price to Sales
Price to Book Ratio6.04Price to Book Ratio
Enterprise Value to Revenue4.38
Enterprise Value to EBIT-6.28
Enterprise Value to Net Income-7
Total Debt to Enterprise0.27
Debt to Equity1.48Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 12, 2026
EPS Estimate
$-0.63
Average shareholder expectation
Revenue Estimate
$1.35 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 4, 2026
EPS Estimate
$-0.66
Average shareholder expectation
Revenue Estimate
$1.43 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.1649 16.34%
Total Calls72,134,704 14.38%
Total Puts84,026,281 24.91%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %55.87% 2.51%
Total Invested$9.96B 30.94%
Investors Holding881 14.00%

ESG Score

No data

About Rivian Automotive Inc

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates for all tax bills, acting as a gatekeeper for fiscal policy. Its expertise directly influences corporate tax structures, capital investment credits, and the specifics of EV purchase incentives, which are vital for Rivian's profitability and consumer appeal.

Finance

This is a powerful committee controlling taxation and trade. It drives corporate valuations through tax policy and is directly responsible for legislation related to EV consumer tax credits (e.g., IRA incentives) and tariffs on imported components, both critical for Rivian's costs and sales.

Appropriations

This committee allocates discretionary federal spending. Its subcommittees determine funding for infrastructure projects (e.g., EV charging networks), scientific research, and potentially direct or indirect incentives for electric vehicle adoption, which directly affects Rivian's market.

Commerce, Science, and Transportation

This committee possesses vast jurisdiction over interstate commerce, which is fundamental to Rivian's ability to sell vehicles nationwide. It also oversees the FTC (consumer protection, advertising) and impacts 'Big Tech' through privacy and data laws, relevant to Rivian's in-vehicle technology and data collection.

Energy and Natural Resources

This committee directly oversees national energy policy, which impacts the electricity grid and renewable energy sources vital for charging EVs. It also regulates public lands and mining, which are critical for the sourcing of minerals used in EV batteries.

Environment and Public Works

This committee regulates the EPA, which sets environmental standards relevant to EV manufacturing and battery disposal. Furthermore, its role in driving the 'infrastructure super-cycle' directly impacts the buildout of EV charging infrastructure, which is crucial for Rivian's growth and consumer adoption.