Rivian Automotive RIVN will doubtless give attention to the long run launch of its R2 car when presenting first-quarter monetary outcomes after market shut Tuesday.
Listed below are the earnings and income estimates, what analysts are saying forward of the report and key gadgets to observe.
Earnings Estimates: Analysts count on Rivian to report first-quarter income of $1.0 billion, down from $1.2 billion in final 12 months’s first quarter in keeping with information from Benzinga Professional.
Rivian beat the analyst estimate for income within the fourth quarter and has crushed analyst estimates in seven of the final 10 quarters.
Analysts count on Rivian to report a first-quarter lack of 76 cents per share, an enchancment from a lack of $1.24 in final 12 months’s first quarter.
Rivian beat the analyst estimate for earnings per share within the fourth quarter and has crushed analyst estimates in seven of the final 10 quarters.
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What Analysts Are Saying: Analysts have been reducing the value goal on Rivian inventory forward of first-quarter monetary outcomes.
Piper Sandler analyst Alexander Potter downgraded the inventory from Chubby to Impartial and lowered the value goal from $19 to $13.
The analyst mentioned Rivian’s outlook within the coming years is favorable, however it faces a short-term outlook that will not excite traders and a number of other potential unfavorable headwinds.
Potter mentioned Rivian has “no catalysts in 2025.”
“We wrestle to establish upside catalysts in 2025. In 2026, traders can stay up for the R2 launch and (possibly) JV buyer wins,” Potter mentioned.
The analyst mentioned the lower-priced R2 launch is important to Rivian inventory, however does not launch till 2026.
Whereas Rivian will get downgraded, Potter famous the inventory is Piper’s favourite Impartial-rated inventory within the sector.
“We like Rivian’s technique, notably self-reliance in electronics and software program.”
Potter mentioned together with Rivian having no catalysts in 2025, the corporate faces a possible “triple-whammy” of coverage threat that would occur in 2025 or past.
There are three coverage dangers to contemplate: the Trump administration might pull Rivian’s Division of Vitality mortgage funding; the $7,500 EV tax credit score may very well be canceled; and CARB (California Air Assets Board) might lose the flexibility to manage emissions, which might harm credit score income.
Listed below are different latest analyst rankings on Rivian and their worth targets:
- JPMorgan: Maintained Underweight score, lowered worth goal from $11 to $10
- Baird: Maintained Impartial score, lowered worth goal from $16 to $14
- Goldman Sachs: Maintained Impartial score, lowered worth goal from $14 to $12
- UBS: Maintained Impartial score, lowered worth goal from $14 to $12
- Mizuho: Maintained Impartial score, lowered worth goal from $11 to $10
Key Gadgets to Watch: Analysts might ask questions on Rivian’s latest addition to the board of administrators. The appointment of Coherent Corp co-founder and CEO Aidan Gomez as a board member might sign a bigger give attention to AI.
Buyers and analysts may very well be in search of extra commentary on Rivian’s know-how and AI, which may very well be underappreciated given its present decrease car manufacturing than different rivals.
Rivian beforehand introduced 8,640 car deliveries within the first quarter, which was down 36.4% year-over-year. The corporate has reaffirmed its full-year 2025 supply steerage of a variety of 46,000 to 51,000 autos.
Analysts and traders will wish to see this steerage maintained and would additionally love extra shade on an early have a look at 2026 supply estimates with the R2 scheduled for deliveries within the first half of 2026.
Rivian beforehand introduced it was opening up its supply van orders to prospects exterior of early investor and accomplice Amazon.com Inc. The corporate lately introduced it has signed a deal with meal package firm HelloFresh for 70 Rivian vans to be added to its industrial car fleet.
The electrical car firm will doubtless be requested to touch upon the influence tariffs and the brand new White Home administration might have on upcoming manufacturing and deliveries. Rivian produces the vast majority of its autos in america, however it may very well be impacted by the tip of tax credit for electrical autos.
In latest interviews, Rivian CEO RJ Scaringe has proven confidence within the R2 launch and referred to as for the EV sector to have extra autos beneath the $50,000 worth level. The R2 is predicted to have a beginning worth of round $45,000.
Scaringe will doubtless share his perception that this car launch is important for Rivian’s monetary future and for the EV sector at massive.
RIVN Value Motion: Rivian inventory is down 1.9% to $13.56 on Monday versus a 52-week buying and selling vary of $9.25 to $18.86. Rivian inventory is up 2.8% year-to-date in 2025 and up 31.8% over the past 12 months.
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