Rivian Automotive (RIVN) Flat As Market Sinks: What You Should Know

Company Overview - Rivian Automotive (RIVN) closed at 11.21, showing no change from the previous day, while the S&P 500 lost 0.23% [1] - Over the past month, Rivian's shares appreciated by 0.36%, outperforming the Auto-Tires-Trucks sector's loss of 11.31% and the S&P 500's loss of 12.13% [1] Upcoming Financial Results - Rivian plans to announce its earnings on May 6, 2025, with an anticipated EPS of -0.80, representing a 32.77% increase compared to the same quarter last year [2] - The consensus estimate for revenue is $998.66 million, down 17.05$2.87 and revenue of $5.46 billion, indicating increases of +28.96% and +9.93% respectively from the last year [3] Analyst Estimates and Market Sentiment - Recent modifications to analyst estimates for Rivian are crucial as they reflect changing business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - Empirical research shows a direct correlation between estimate revisions and stock price performance, leading to the development of the Zacks Rank system [5] Zacks Rank and Industry Position - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell), with Rivian currently holding a Zacks Rank of 4 (Sell) [6] - The Automotive - Domestic industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 188, placing it in the bottom 25% of over 250 industries [7]