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RIVN

speculative

Rivian Automotive, Inc. / DE · NASDAQ

$15.48
+1.71% · delayed · iex

Snapshot taken 1 hour ago (Aug 3, 2026, 12:38 PM ET). Stored, not recomputed — prices are as of that moment. Open in the app ↗

2025-06-30 → 2026-08-03 · low $11.64 · high $22.41

Analysis AI · anthropic:claude-sonnet-5run Aug 3, 2026, 12:38 PM ET

Rivian posted a Q2 beat with raised FY2026 delivery guidance (65-70k units) and narrower losses/capex, driving analyst target upgrades (Wells Fargo, Morgan Stanley), but the stock sold off ~8% post-print as Wall Street flagged persistent profitability and cash-burn concerns ahead of the R2 launch. Over the next two quarters, the setup is a tug-of-war between improving delivery/guidance trends and ongoing negative automotive margins, high cash burn, and execution risk on R2 ramp and autonomy investment, with technicals showing a neutral/weak trend and no confirmed breakout.

Overall
6/100
Confidence
48/100

Catalysts

  • ▲ Raised FY2026 delivery guidance to 65,000-70,000 units from 62,000-67,000 (RIVN:2026-07-31:raised_guidance:19557c0b)
  • ▲ Q2 beat with higher revenue and smaller losses, narrower full-year adjusted EBITDA loss forecast and lower capex expectations (RIVN:2026-08-01:dilution:e9332eae)
  • ▲ R2 SUV launch/ramp seen as key upcoming catalyst and demand driver (news:news:a9dc3c87a791492ae1aeb50b, RIVN:2026-08-01:cashflow_improvement:d8d1546d)
  • ▲ Analyst price target increases: Wells Fargo to $16 from $15, Morgan Stanley to $14 from $13 (RIVN:2026-07-31:cashflow_improvement:d8d1546d)
  • ▲ Stock reaction was negative (-8%) despite beat, reflecting margin/profitability skepticism (RIVN:2026-07-31:raised_guidance:19557c0b)

Risks

  • ▼ Ongoing cash burn and negative automotive margins leave Rivian reliant on external funding (RIVN:2026-08-01:cash_burn:57251f10)
  • ▼ Free cash flow is deeply negative (-$1.19B) against $3.592B cash and $4.444B debt, implying limited runway without further capital raises (fund:RIVN:2026-08-03T16:37:45.135Z)
  • ▼ Concern about further dilution to fund growth persists despite disciplined spending signals (RIVN:2026-08-01:dilution:e9332eae)
  • ▼ Morgan Stanley flags 'high-risk production ramp phase' for R2 execution (RIVN:2026-07-31:cashflow_improvement:d8d1546d)
  • ▼ Stock fell ~8% on the print despite beat/guidance raise, indicating market skepticism (RIVN:2026-07-31:raised_guidance:19557c0b)
  • ▼ Technicals show neutral trend, low relative volume (0.23x avg), momentum negative over 20-day window, no breakout confirmed (tech:RIVN:2026-08-03T04:00:00Z)

Scenarios

Bull 25% · Base 50% · Bear 25%

Bull R2 launch executes smoothly and drives delivery upside beyond raised guidance (RIVN:2026-08-01:cashflow_improvement:d8d1546d)

Bear Negative automotive margins persist and cash burn accelerates, pressuring liquidity (RIVN:2026-08-01:cash_burn:57251f10)

Missing data

Exact share count and dilution/float trends over recent quarters · Detailed automotive gross margin figures · Specific R2 production timeline and unit economics · Analyst consensus EPS/revenue estimates for next two quarters · Debt maturity schedule and covenant details · Institutional ownership and short interest data

Technical

Trend
neutral
Tech score
24/100
RSI(14)
43.4
SMA 20/50/200
16.87 / 16.47 / 16.09
MACD
-0.198
ATR(14)
1.078
Rel volume
0.23
Avg $ volume
$25.6M
Momentum 20/60/120d
-23% / 6.9% / 5.3%
From 52w high
-31.7%
Golden cross
yes
Volatility
high

Fundamentals SEC

Market cap
Shares outstanding
Public float
14,300,000,000
Revenue
$1.66B
Revenue growth
8.4%
Cash
$3.59B
Debt
$4.44B
Runway
36.2 mo

Sources 8

Prices from iex (delayed). Fundamentals from SEC EDGAR. Indicators computed locally. First covered Aug 3, 2026, 12:33 PM ET.