Rivian Automotive (RIVN) came out with a quarterly loss of $0.52 per share versus the Zacks Consensus Estimate of a loss of $0.66. This compares to loss of $1.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.21%. A quarter ago, it was expected that this a manufacturer of motor vehicles and passenger cars would post a loss of $0.89 per share when it actually produced a loss of $1.03, delivering a surprise of -15.73%.Over t ...

Rivian said Thursday it plans to launch a hands-off version of its driver assistance system for highway driving “in a few weeks,” and said an “eyes-off” version in 2026.The hands-off system will let Rivian compete with companies like Ford and General Motors, which have both launched similar systems in the past few years. (Ford has named its system BlueCruise, while GM has SuperCruise.) Tesla’s Full Self-Driving (supervised) system, which is not fully autonomous despite its name, requires users to keep their ...

Rivian’s cost–cutting measures have gotten it a lot closer to profitability, but the company is warning that 2025 could still be a challenging year – especially because of the whorl of uncertainty caused by the new Trump Administration.The company announced Thursday its fourth quarter and full-year 2024 financial results, and along with it, shared plans to deliver between 46,000 and 51,000 EVs across 2025. Rivian cautioned that “changes to government policies and regulations, and a challenging demand enviro ...

Rivian Automotive beat Wall Street's fourth-quarter earnings expectations and achieved its first gross quarterly profit – a target closely watched by investors – but is forecasting lower sales in 2025.The electric vehicle maker reported a gross profit, which includes production and sales but does not factor in other expenses, of $170 million during the final quarter of last year and plans to achieve another "modest gross profit" in 2025. The company has not said when it expects to be profitable on a bottom- ...

Q4 2024 Shareholder Letter © 2025 Rivian. All rights reserved. 2 The significant progress made against our core value drivers in 2024 will be foundational to Rivian's long term success. Throughout the year, the team was laser focused on driving improvement in cost and operational efficiencies, technology leadership, and customer experience. Thank you to our employees, customers, suppliers, partners, communities, and shareholders who made our 2024 accomplishments possible and for their continued support for ...

The electric vehicle (EV) industry is currently at crossroads. Though e-mobility is the future, President Trump’s unfriendly stance on EVs, along with slower-than-expected adoption due to high pricing, presents challenges. In this scenario, let’s see how California-based EV startups Rivian Automotive (RIVN) and Lucid Group (LCID) are placed now.  With RIVN reporting fourth-quarter 2024 results today and LCID next Tuesday, are either of these stocks worth buying ahead of their releases?Find the latest EPS es ...

Rivian Automotive Inc RIVN will be reporting its fourth-quarter earnings on Thursday. Wall Street expects a loss of 65 cents per share and $1.40 billion in revenues as the company reports after market hours.The stock is down 11.42% over the past year, up 6.23% YTD.Let’s look at what the charts indicate for Rivian stock and how the stock currently maps against Wall Street estimates.Read Also: Rivian To Hike R1T, R1S Prices In Canada By Nearly 10% From Feb 25 Amid Exchange Rate ShiftRivian Stock Strongly Bull ...

Rivian Automotive (RIVN) is slated to release fourth-quarter 2024 results on Thursday, after market close. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a loss of 66 cents a share on revenues of $1.43 billion. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The loss per share estimate for the fourth quarter of 2024 has narrowed by a cent over the past 30 days. The bottom-line projection indicates a year-over-year improvement of 51.5%. The Zacks Consensus Est ...

Core Viewpoint - Rivian Automotive faces concerns regarding the lack of visible catalysts in 2025, but a recent announcement about opening orders for its commercial vans could serve as a potential catalyst for growth [1][4][9] Group 1: Rivian's Commercial Van Strategy - Rivian has officially opened orders for its Rivian Commercial van, indicating a shift towards growth beyond its traditional truck and SUV offerings [4][6] - The company has been testing its commercial vans with larger fleets, which has shown positive results, suggesting readiness for broader market entry [4][5] - The last-mile delivery sector is increasingly adopting electric vehicles (EVs) to reduce costs, which could drive demand for Rivian's commercial vans [6] Group 2: Market Context and Comparisons - Ford's success with its E-Transit van, which saw a 64% increase in sales in 2024, highlights the potential for Rivian to capture market share in the commercial vehicle segment [5][7] - Ford Pro, the commercial division of Ford, generated $9.02 billion in earnings before interest and taxes (EBIT) in 2024, demonstrating the profitability of commercial vehicles [6] Group 3: Relationship with Amazon - The exclusivity of Rivian's deal with Amazon has ended, allowing Rivian to sell its electric delivery vans to other companies, which could enhance growth opportunities [3][8] - Amazon's investment in Rivian, which constitutes approximately 16% of the company, has been volatile, raising concerns about the strength of their relationship and potential impacts on Rivian's stock price [8]

Rivian Automotive (RIVN 4.55%) stock is ending the week on a winning streak. Shares of the electric vehicle (EV) maker surged 6.6% higher on Thursday, and as of 1:10 p.m. ET Friday, the stock was up by a further 4.5%.Some of that upward momentum comes from speculation that the U.S. government might be making a large EV purchase. But Rivian investors are also focused on the quarterly report coming from the company next week.2025 will be a pivotal year for RivianOne catalyst for the stock's gains this week ca ...