Rivian Automotive, Inc.

RIVN · NASDAQ

Market closed$17.46$0.365000 (+2.14%)After hours $17.40 · -0.31%

Key statistics

Previous close$17.09
Open$16.69
Day high$17.50
Day low$16.50
52-week high$22.69
52-week low$11.57
Market cap21.19B
Volume28.64M
Average volume34.92M
P/E ratio-6.74
Forward P/E
EPS-2.59
Dividend yield0.00%

Market context

Why it moved

RIVN is rebounding modestly as investors buy the dip following the sharp 14–17% decline triggered by its recent 75-million-share equity offering, with the stock finding support above the $15.50 offering price amid growing confidence in Rivian's improving fundamentals, including strong Q2 revenue guidance of $1.55–$1.65B that beat Street expectations.

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Rivian shares rose over 2% on Thursday, outperforming a soft broader market weighed down by AI sector concerns and escalating U.S.-Iran tensions. Investor attention remains focused on the company's upcoming Q2 earnings report on July 30, where strong Q2 deliveries of 12,194 vehicles — well above the 9,000–11,000 guidance — and preliminary revenue of $1.55–$1.65 billion are expected to be key catalysts. Recent dilution concerns from Rivian's completed $1.32 billion equity offering at $15.50 per share and a Morgan Stanley Underweight rating (price target raised to $13) continue to temper enthusiasm, but the R2 SUV ramp and raised full-year delivery guidance of 65,000–70,000 vehicles are keeping sentiment broadly constructive.

2.1358

July 17, 2026Rivian fell nearly 4% as investors digested a complex mix of near-term catalysts and dilution concerns. The company recently completed a $1.32 billion equity offering at $15.50/share — generating roughly 6% dilution — to fund its R2 production ramp and DOE loan obligations, even as Q2 deliveries of 12,194 vehicles significantly beat its 9,000–11,000 guidance and prompted a full-year raise to 65,000–70,000 units. With Q2 earnings due July 30, analysts remain cautious — Morgan Stanley holds an Underweight despite lifting its target to $13, while the consensus sits at Hold with an $18.81 target — and broader tech/growth pressure weighed on the consumer cyclical sector.

-3.9888

July 16, 2026Rivian shares rose nearly 2%, buoyed by a broader risk-on session as a softer-than-expected CPI report lifted the S&P 500 and Consumer Discretionary sector. Multiple analysts recently raised their price targets, including BNP Paribas lifting its target to $24 (Outperform) and UBS to $17 (Neutral), reflecting improving sentiment around Rivian's strong Q2 delivery beat of 12,194 vehicles—well above its 9,000–11,000 guidance—and raised full-year outlook of 65,000–70,000 units. Investors are also eyeing the July 30 Q2 earnings report, with the company's $1.32B equity offering and ongoing R2 SUV ramp remaining key focuses for the market.

1.7143

July 15, 2026Rivian shares closed modestly higher, with Morgan Stanley raising its price target (to $13, while maintaining Underweight) and California Gov. Newsom unveiling a $3,500 EV rebate program that could benefit Rivian as a participating automaker — partially offsetting lingering dilution concerns from the company's recent $1.5B share offering. Investors are also eyeing Rivian's Q2 earnings on July 30, following a strong delivery beat of 12,194 vehicles and preliminary revenue guidance of $1.55B–$1.65B, well above estimates.

1.0976

July 14, 2026Rivian shares declined nearly 1%, underperforming the broader market's modest slide, as lingering dilution concerns from last week's $1.5 billion public offering continued to weigh on sentiment. The stock remains pressured after the company announced a 75-million-share offering on July 6 — which initially sent shares down ~9% after hours — despite upbeat Q2 preliminary revenue guidance of $1.55–$1.65 billion and a delivery beat. Monday's macro backdrop added further headwinds, with U.S.-Iran tensions sending oil prices surging and dragging consumer cyclical stocks broadly lower.

-0.9725

July 10, 2026Rivian Automotive shares surged nearly 9%, recovering sharply from Tuesday's steep ~19% plunge — its worst single-day drop in over two years — triggered by the announcement of a 75-million-share public offering priced at $15.50 per share to raise ~$1.2 billion. Investors appeared to look past the dilution concerns, with the stock reclaiming key moving averages as focus shifted back to the company's strong Q2 delivery beat (12,194 units vs. guidance of 9,000–11,000), raised full-year delivery outlook of 65,000–70,000 vehicles, and preliminary Q2 revenue guidance of $1.55–$1.65B above Wall Street estimates — all fueled by growing R2 SUV demand and early deliveries. JPMorgan raised its price target following the delivery beat, while UBS nudged its target to $17, maintaining Neutral, and the consensus average sits near $18.54.

8.7635

July 9, 2026Rivian shares recovered modestly on Wednesday, closing up ~1%, after plunging 18% the prior session — its worst day in over two years — following the announcement of a 75-million-share public offering priced at $15.50, a steep discount to Monday's close near $20. The capital raise, generating ~$1.2B for DOE loan obligations and general purposes, overshadowed strong Q2 delivery results (12,194 vehicles, well above 9,000–11,000 guidance) and a raised full-year outlook of 65,000–70,000 units. Additional headwinds include reports of stalled R2 deliveries and a broader market risk-off move tied to renewed U.S.-Iran tensions pushing oil higher, though BNP Paribas raised its target to $24 and Jefferies lifted its target to $17.

1.0309

July 8, 2026Rivian plunged nearly 18% after the company announced a 75-million-share public offering — representing roughly $1.5 billion in gross proceeds at Monday's close — which overwhelmed an otherwise upbeat backdrop of Q2 delivery beats and above-consensus preliminary revenue guidance of $1.55B–$1.65B. Investors focused on the dilution risk and the company's ongoing cash needs, including equity contributions tied to its DOE loan agreement, erasing most of the prior week's 19% rally that had been driven by strong Q2 deliveries and the early R2 ramp.

-18.1231

Benzinga · July 15, 2026What Is Going on With Rivian Stock on Wednesday?Seeking Alpha · July 14, 2026Eyes on Rivian Automotive after R2 launch and large share offering (RIVN:NASDAQ)InsideEVs · July 14, 2026Rivian's Electric Van Outsold Its Rivals Combined—By 70%Investing.com Nigeria · May 4, 2026Volkswagen AG buys $999.9m Rivian (NASDAQ:RIVN) stock By Investing.com24/7 Wall St. · April 27, 2026Jim Cramer Says Rivian Is ‘Going to Make It.’ Here’s Why Wall Street Disagrees.24/7 Wall St. · April 1, 2026DA Davidson Upgrades Rivian From Underperform — Here’s What Still Has to Go RightTIKR.com · March 23, 2026Rivian Stock Surges on News of Massive Uber Robotaxi Investment DealRivian · August 5, 2025Rivian Releases Second Quarter 2025 Financial Results
Benzinga · July 15, 2026What Is Going on With Rivian Stock on Wednesday?
Benzinga · July 14, 2026Morgan Stanley Maintains Underweight on Rivian Automotive, Raises Price Target to $13
Benzinga · July 14, 2026Volkswagen CEO Warns Another 50,000 Jobs Could Be at Risk as Automaker Scrambles to Avoid Factory Closures
Benzinga · July 14, 2026Gavin Newsom Unveils $3,500 California EV Rebate, Says State Is Filling 'Void Left by Trump'
Benzinga · July 13, 2026Why Is Rivian Automotive Stock Falling on Monday?
Benzinga · July 13, 2026Ross Gerber's 'Controversial' EV Opinion? He Prefers Tesla's Cybertruck Over His Rivian, but Criticizes FSD
Benzinga · July 12, 2026Tesla, Rivian Beat Expectations as Ford, GM Face Tough Quarter
Benzinga · July 10, 2026RivianStock Is Rising Friday Despite $1.74 Billion Dilution Plan: What Investors Need to Know

Peers