Rivian Automotive (RIVN) Ascends But Remains Behind Market: Some Facts to Note

Company Overview - Rivian Automotive (RIVN) closed at $12.80, reflecting a +0.23% change from the previous session, underperforming the S&P 500's daily gain of 0.36% [1] - Over the past month, Rivian's shares have decreased by 10.13%, which is worse than the Auto-Tires-Trucks sector's loss of 4.71% and the S&P 500's gain of 2.11% [2] Upcoming Earnings - Rivian's earnings report is anticipated on February 20, 2025, with an expected EPS of -$ 0.66, indicating a 51.47% improvement from the same quarter last year [3] - Revenue is forecasted to be $1.43 billion, representing an 8.53% increase from the prior-year quarter [3] Analyst Estimates and Market Sentiment - Recent changes in analyst estimates for Rivian are crucial as they reflect short-term business trends, with positive revisions indicating optimism about the company's outlook [4] - The Zacks Rank system, which evaluates estimate changes, currently ranks Rivian at 3 (Hold), with a 3.26% decrease in the consensus EPS estimate over the last 30 days [5][6] Industry Context - Rivian operates within the Automotive - Domestic industry, which is part of the Auto-Tires-Trucks sector, currently holding a Zacks Industry Rank of 185, placing it in the bottom 27% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]