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Rivian Automotive (RIVN) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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Rivian Automotive (RIVN - Free Report) closed at $14.34 in the latest trading session, marking a -1.17% move from the prior day. This move lagged the S&P 500's daily loss of 0.22%. At the same time, the Dow lost 0.66%, and the tech-heavy Nasdaq lost 0.22%.
The stock of a manufacturer of motor vehicles and passenger cars has fallen by 10.27% in the past month, lagging the Auto-Tires-Trucks sector's gain of 1.09% and the S&P 500's gain of 1.4%.
The investment community will be closely monitoring the performance of Rivian Automotive in its forthcoming earnings report. The company is scheduled to release its earnings on October 29, 2026. It is anticipated that the company will report an EPS of -$0.67, marking a 4.29% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.97 billion, showing a 26.32% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$2.25 per share and revenue of $7.33 billion, indicating changes of +8.16% and +35.98%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Rivian Automotive. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Rivian Automotive is currently sporting a Zacks Rank of #3 (Hold).
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 96, which puts it in the top 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow RIVN in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Rivian Automotive (RIVN) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Rivian Automotive (RIVN - Free Report) closed at $14.34 in the latest trading session, marking a -1.17% move from the prior day. This move lagged the S&P 500's daily loss of 0.22%. At the same time, the Dow lost 0.66%, and the tech-heavy Nasdaq lost 0.22%.
The stock of a manufacturer of motor vehicles and passenger cars has fallen by 10.27% in the past month, lagging the Auto-Tires-Trucks sector's gain of 1.09% and the S&P 500's gain of 1.4%.
The investment community will be closely monitoring the performance of Rivian Automotive in its forthcoming earnings report. The company is scheduled to release its earnings on October 29, 2026. It is anticipated that the company will report an EPS of -$0.67, marking a 4.29% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.97 billion, showing a 26.32% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$2.25 per share and revenue of $7.33 billion, indicating changes of +8.16% and +35.98%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Rivian Automotive. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Rivian Automotive is currently sporting a Zacks Rank of #3 (Hold).
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 96, which puts it in the top 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow RIVN in the coming trading sessions, be sure to utilize Zacks.com.