Rivian Automotive (NASDAQ:RIVN) Trading Down 5.1% – Here’s What Happened

Rivian Automotive, Inc. (NASDAQ:RIVN)’s stock price dropped 5.1% during trading on Thursday . The stock traded as low as $13.94 and last traded at $14.00. 33,275,584 shares changed hands during trading, an increase of 15% from the average session volume of 28,998,568 shares. The stock had previously closed at $14.76.

Key Headlines Impacting Rivian Automotive

Here are the key news stories impacting Rivian Automotive this week:

• Positive Sentiment: Rivian delivered a Q4 surprise: revenue and adjusted loss beat consensus and management issued a strong 2026 delivery outlook, triggering the rally. Article Title
• Positive Sentiment: Management now expects a large jump in 2026 deliveries (guidance ~62k–67k units / ~53% growth year‑over‑year), driven by rollout of the more affordable R2 SUV — investors view this as a clear growth path. Article Title
• Positive Sentiment: Broker activity has turned constructive: notable upgrades/target increases (Deutsche Bank upgrade to Buy with $23 PT; Wedbush reiteration at $25) helped fuel buying interest. Article Title
• Neutral Sentiment: Quarter details: adjusted loss per share (~$0.54–$0.66 depending on source) beat estimates and revenue was roughly $1.28–1.29B; software/services showed meaningful YoY growth and management highlighted product & software initiatives. Article Title
• Neutral Sentiment: R2 progress: early reviews and management commentary point to R2 deliveries beginning in Q2 and strong demand potential, but it’s still early in the ramp. Article Title
• Negative Sentiment: Underlying profitability and revenue mix remain weak: automotive revenue fell sharply (reported ~45% decline in Q4 auto revenue), the company still posts negative net margins and negative ROE. Article Title
• Negative Sentiment: Cash burn and capex: Rivian flagged continued losses as it ramps production and may spend >$2.1B on capex for expansion; a recent settlement also pressures near‑term cash. Article Title Article Title
• Negative Sentiment: Operational risks remain: some metrics (vehicle margins, free cash flow) showed weakness even with the beat — the company still expects losses as it scales, leaving execution risk on the table. Article Title

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. TD Cowen increased their price objective on shares of Rivian Automotive from $13.00 to $17.00 and gave the company a “hold” rating in a research report on Friday. Weiss Ratings restated a “sell (d-)” rating on shares of Rivian Automotive in a research note on Thursday, January 22nd. Robert W. Baird raised shares of Rivian Automotive from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $14.00 to $25.00 in a research note on Thursday, December 18th. Benchmark boosted their price objective on shares of Rivian Automotive from $18.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Piper Sandler reduced their price target on Rivian Automotive from $20.00 to $18.00 and set a “neutral” rating for the company in a report on Friday. Nine research analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat, Rivian Automotive has an average rating of “Hold” and an average price target of $17.62.

Rivian Automotive Stock Up 26.6%

The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.23 and a current ratio of 2.71. The firm has a market capitalization of $21.74 billion, a P/E ratio of -5.78 and a beta of 1.76. The stock has a fifty day moving average price of $17.66 and a two-hundred day moving average price of $15.31.

Rivian Automotive (NASDAQ:RIVN) last released its quarterly earnings data on Thursday, February 12th. The electric vehicle automaker reported ($0.66) EPS for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.02. Rivian Automotive had a negative net margin of 67.68% and a negative return on equity of 61.67%. The firm had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the previous year, the company posted ($0.70) earnings per share. The firm’s revenue was down 25.8% on a year-over-year basis. Research analysts forecast that Rivian Automotive, Inc. will post -3.2 EPS for the current year.

Insider Activity at Rivian Automotive

In related news, Director Peter Krawiec sold 3,655 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $19.45, for a total transaction of $71,089.75. Following the sale, the director owned 29,122 shares in the company, valued at $566,422.90. This represents a 11.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robert J. Scaringe sold 17,450 shares of Rivian Automotive stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $16.03, for a total value of $279,723.50. Following the completion of the transaction, the chief executive officer owned 1,115,209 shares of the company’s stock, valued at approximately $17,876,800.27. The trade was a 1.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 120,154 shares of company stock valued at $2,143,724 in the last quarter. Insiders own 2.16% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. lifted its stake in Rivian Automotive by 15.8% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 5,849,818 shares of the electric vehicle automaker’s stock worth $80,376,000 after acquiring an additional 799,030 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Rivian Automotive in the 2nd quarter valued at about $1,324,000. Farther Finance Advisors LLC lifted its position in shares of Rivian Automotive by 227.0% in the third quarter. Farther Finance Advisors LLC now owns 117,096 shares of the electric vehicle automaker’s stock worth $1,719,000 after purchasing an additional 81,291 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its holdings in shares of Rivian Automotive by 244.1% during the third quarter. Y Intercept Hong Kong Ltd now owns 1,624,707 shares of the electric vehicle automaker’s stock worth $23,851,000 after purchasing an additional 1,152,551 shares during the period. Finally, Tableaux LLC purchased a new position in Rivian Automotive during the second quarter valued at approximately $3,435,000. 66.25% of the stock is currently owned by institutional investors.

Rivian Automotive Company Profile

Rivian Automotive, Inc is an American automotive technology company specializing in the design, development and manufacture of electric vehicles. The company is best known for its all-electric R1 platform, which underpins the R1T pickup truck and R1S sport utility vehicle. In addition to consumer products, Rivian has secured a significant commercial contract to produce electric delivery vans for a leading e-commerce provider, underscoring its capability to serve both retail and fleet customers.

Founded in 2009 by engineer and entrepreneur Robert “RJ” Scaringe, Rivian has grown from a research-focused startup into a publicly traded corporation.