"Shares of Rivian Automotive Inc. ( NASDAQ: RIVN) are trading for about the same price as a week ago. The electric vehicle (EV) maker posted a decline in 2025 deliveries in line with expectations, and it unveiled its own custom artificial intelligence (AI) chips. Despite recent profit-taking, the share price is 49.4% higher than six months ago, easily outperforming the S&P 500 in that time."
"Shares of Rivian have been on a rollercoaster this past year, surging and then falling after its first-quarter report. They recovered somewhat after the second-quarter report. In the latest results, revenue was up slightly year over year to $1.6 billion. The company posted a narrower-than-expected loss. The company noted this quarter was likely its strongest delivery quarter of the year due to the expiration of federal EV tax credits. Wall Street sentiment on the stock was mixed after the third-quarter report."
Rivian reported revenue of $1.6 billion and a narrower-than-expected loss while shares traded about the same as a week earlier. Fourth-quarter deliveries were 9,745 vehicles, a 31% year-over-year decline, and 2025 deliveries totaled 42,247, an 18% decline. The company attributed weaker demand to expired federal EV tax credits, economic uncertainty, shifting consumer sentiment, and tariffs that raise manufacturing costs. Analysts forecast about 66,000 deliveries in 2026. The company unveiled custom AI chips and maintains cost-efficiency measures, strategic partnerships, a $5.8 billion joint venture with Volkswagen, and an anticipated R2 SUV launch.
Read at 24/7 Wall St.
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