Rivian Automotive (RIVN) Expected to Announce Earnings on Tuesday

Rivian Automotive (NASDAQ:RIVN) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of ($0.80) per share and revenue of $981.52 million for the quarter.

Rivian Automotive (NASDAQ:RIVN) last announced its quarterly earnings data on Thursday, February 20th. The electric vehicle automaker reported ($0.63) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.69) by $0.06. Rivian Automotive had a negative return on equity of 66.26% and a negative net margin of 95.51%. The business had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.43 billion. On average, analysts expect Rivian Automotive to post $-3 EPS for the current fiscal year and $-3 EPS for the next fiscal year.

Rivian Automotive Price Performance

Rivian Automotive stock opened at $13.19 on Tuesday. The stock has a market capitalization of $14.91 billion, a PE ratio of -2.79 and a beta of 1.89. The business has a 50 day simple moving average of $11.69 and a 200-day simple moving average of $12.15. Rivian Automotive has a 12 month low of $8.84 and a 12 month high of $18.86. The company has a debt-to-equity ratio of 0.93, a current ratio of 5.09 and a quick ratio of 3.70.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on RIVN. Mizuho dropped their price objective on shares of Rivian Automotive from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Thursday, April 10th. Bank of America downgraded shares of Rivian Automotive from a “neutral” rating to an “underperform” rating and reduced their price objective for the company from $13.00 to $10.00 in a research note on Monday, February 24th. JPMorgan Chase & Co. lowered their target price on Rivian Automotive from $11.00 to $10.00 and set an “underweight” rating on the stock in a research report on Friday. Truist Financial increased their price target on Rivian Automotive from $12.00 to $14.00 and gave the company a “hold” rating in a research note on Thursday, January 16th. Finally, Sanford C. Bernstein started coverage on shares of Rivian Automotive in a research note on Wednesday, January 29th. They issued an “underperform” rating and a $6.10 price objective for the company. Three analysts have rated the stock with a sell rating, seventeen have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $14.08.

Insider Transactions at Rivian Automotive

In related news, CFO Claire Mcdonough sold 6,856 shares of the stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $14.26, for a total transaction of $97,766.56. Following the transaction, the chief financial officer now owns 335,076 shares of the company’s stock, valued at approximately $4,778,183.76. This represents a 2.01 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert J. Scaringe sold 71,429 shares of Rivian Automotive stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $11.82, for a total value of $844,290.78. Following the sale, the chief executive officer now directly owns 853,011 shares of the company’s stock, valued at $10,082,590.02. This trade represents a 7.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 185,427 shares of company stock worth $2,154,905. Company insiders own 2.51% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Rivian Automotive stock. Brighton Jones LLC increased its stake in Rivian Automotive, Inc. (NASDAQ:RIVN) by 28.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,685 shares of the electric vehicle automaker’s stock after acquiring an additional 3,864 shares during the period. Brighton Jones LLC’s holdings in Rivian Automotive were worth $235,000 as of its most recent SEC filing. 66.25% of the stock is owned by institutional investors and hedge funds.

About Rivian Automotive

Rivian Automotive, Inc, together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.