Rivian Automotive Inc - Ordinary Shares - Class A

Rivian Automotive Inc - Ordinary Shares - Class A

RIVN - Insider Information

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Market Cap$20.33B
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P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Rivian Automotive Inc - Ordinary Shares - Class ARivian Automotive Inc - Ordinary Shares - Class A-5.4--58%3.51.3

Earnings Call Q2 2026

July 30, 2026 - AI Summary

R2 ramp + early demand signals (good/surprising) - External customer deliveries began in June; RJ framed R2 as a “game changer” for long-term growth and profitability. - 57,000 demo drives in Q2 (record); management said Launch Edition reservation-to-order conversion is meaningfully higher than expected (no exact % shared). - Production ramp: started with single shift in Normal; management expects scale to two shifts by end of Q3. Ramp is gated by the slowest supplier; coordination across many suppliers is the key focus. - Demand not reported as the key limiter; management emphasized supply-chain readiness as the main gating factor for the back half.
Financial results (mixed: improving gross profit, still heavy losses) - Revenue: $1.66B in Q2 (+27% YoY). - Gross profit: $179M, gross margin 11% (includes $138M D&A and $31M stock-based comp). - Adjusted EBITDA loss: ($379M), driven by gross profit not yet enough to cover ramp/investment opex (scaling R2 + autonomy investment). - Automotive segment improvement: Automotive gross profit loss reduced to ($36M) vs ($335M) prior-year—+$299M improvement from higher volumes, regulatory credit revenue, and IEEPA tariff refund receivable, partly offset by R2 ramp inefficiencies.
2026 guidance + outlook (key forecasts; also acknowledges headwinds) - Total deliveries guidance: raised to 65,000–70,000 vehicles in 2026 (from prior guidance by +3,000 units), implying ~42,400–47,400 deliveries in 2H, weighted toward Q4 as R2 ramps. - Automotive gross profit timing: management expects Q3 automotive gross profit remains pressured due to ramp complexity, similar to Q2; expects benefit in Q4 as volume scales—positive automotive gross profit expected at the 2026 exit rate. - Adjusted EBITDA loss (2026): ($2.0B to $1.8B) (midpoint improved by $50M). Claire cited offsetting items: - Tailwinds: better-than-expected regulatory credits and higher delivery volumes (from guidance increase). - Headwinds: raw materials, memory, logistics cost increases, and continued ramp/autonomy investment.

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$17.44

Target Price by Analysts

24.1% upsideRivian Automotive Target Price DetailsTarget Price

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Share Statistics

Market cap$20.33 Billion
Enterprise Value$23.52 Billion
Earnings per Share$-3.07
Beta1.62
Outstanding Shares1,446,000,000

Return

Return on Equity-57.99%ROE
Return on Assets-19.64%
Return on Invested Capital-27.69%

Valuation & Multiples

P/E Ratio-5.4P/E Ratio
PEG24.38PEG
Price to Sales3.52Price to Sales
Price to Book Ratio4.69Price to Book Ratio
Enterprise Value to Revenue3.63
Enterprise Value to EBIT-7.37
Enterprise Value to Net Income-8
Total Debt to Enterprise0.29
Debt to Equity1.32Debt to Equity

Revenue Sources

No data

Last Earnings Call

Report Date
November 3, 2026
EPS Estimate
$-0.65
Consensus analyst estimate
Revenue Estimate
$1.95 B
Consensus analyst estimate

Next Earnings Call

Expected Date
February 11, 2027
EPS Estimate
$-0.56
Consensus analyst estimate
Revenue Estimate
$2.53 B
Consensus analyst estimate

Institutional Put/Call Ratio

Compares institutional put options with call options. At 3.37, the ratio is above 1, so institutions hold more puts than calls. That is a more cautious stance.

Put/Call Ratio3.3744▲ 219.77%
Total Calls186,700▼ 99.71%
Total Puts630,000▼ 99.17%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %0.84%▼ 59.17%
Total Invested$162.20M▼ 98.75%
Investors Holding278▼ 622.00%

About Rivian Automotive Inc

Rivian Automotive Insider Information FAQ

Stockcircle tracks 9 top investors with a current 13F position in Rivian Automotive. Holdings come from the latest quarterly 13F filings filed with the SEC.

In the latest 13F quarter on Stockcircle, 4 top investors increased or opened positions and 7 top investors reduced or sold among tracked top investors. Changes are based on reported share counts in their quarterly filings, not day-to-day trading.

Stockcircle shows 1 open-market insider purchase and 10 open-market insider sales for Rivian Automotive in the last six months from SEC Form 4 reports by executives, directors, and other insiders.

Form 4 insider trades are added as new filings are imported. Top investor 13F holdings refresh after each quarterly filing cycle. Politician trade disclosures are added when new reports are published on Stockcircle.