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Rivian Automotive (RIVN) Falls More Steeply Than Broader Market: What Investors Need to Know
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In the latest close session, Rivian Automotive (RIVN - Free Report) was down 3.21% at $12.06. The stock's change was less than the S&P 500's daily loss of 1.21%. At the same time, the Dow added 0.02%, and the tech-heavy Nasdaq lost 2.6%.
Shares of the a manufacturer of motor vehicles and passenger cars have depreciated by 17.04% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 0.29%, and the S&P 500's loss of 0.03%.
The upcoming earnings release of Rivian Automotive will be of great interest to investors. The company's earnings report is expected on October 29, 2026. In that report, analysts expect Rivian Automotive to post earnings of -$0.67 per share. This would mark year-over-year growth of 4.29%. Simultaneously, our latest consensus estimate expects the revenue to be $2.02 billion, showing a 29.74% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$2.28 per share and revenue of $7.39 billion, which would represent changes of +6.94% and +37.17%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Rivian Automotive. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.68% higher. Rivian Automotive is holding a Zacks Rank of #2 (Buy) right now.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 211, placing it within the bottom 15% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Image: Bigstock
Rivian Automotive (RIVN) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest close session, Rivian Automotive (RIVN - Free Report) was down 3.21% at $12.06. The stock's change was less than the S&P 500's daily loss of 1.21%. At the same time, the Dow added 0.02%, and the tech-heavy Nasdaq lost 2.6%.
Shares of the a manufacturer of motor vehicles and passenger cars have depreciated by 17.04% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 0.29%, and the S&P 500's loss of 0.03%.
The upcoming earnings release of Rivian Automotive will be of great interest to investors. The company's earnings report is expected on October 29, 2026. In that report, analysts expect Rivian Automotive to post earnings of -$0.67 per share. This would mark year-over-year growth of 4.29%. Simultaneously, our latest consensus estimate expects the revenue to be $2.02 billion, showing a 29.74% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$2.28 per share and revenue of $7.39 billion, which would represent changes of +6.94% and +37.17%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Rivian Automotive. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.68% higher. Rivian Automotive is holding a Zacks Rank of #2 (Buy) right now.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 211, placing it within the bottom 15% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.