"Rivian ( NASDAQ:RIVN | RIVN Price Prediction) has proven to be a disappointing investment since its initial public offering in November 2021 at $78 per share. The stock closed yesterday at $14, reflecting an 82% decline from its IPO price and an 87% drop from its opening day high of $106.75. Over nearly every time frame, it has delivered losses: down 29% year-to-date in 2026, down 3% over the past year, and down 85% over three years."
"However, the automaker's Q4 and full-year 2025 earnings report yesterday marked a milestone : Rivian recorded its first annual consolidated gross profit of $144 million, an improvement of more than $1.3 billion from 2024, that was driven by cost reductions and software revenue. This shift means Rivian is no longer posting overall gross losses, though automotive-specific gross profit remained negative at $432 million for the year."
"Rivian is staking its recovery on the upcoming R2 midsize SUV, with customer deliveries set to begin in the second quarter of 2026. Priced starting at around $45,000, the R2 targets a broader market than Rivian's existing R1T pickup and R1S SUV, which start at $69,900 and $74,900, respectively. The company plans to launch a dual-motor all-wheel-drive version first - with options for single-motor and tri-motor configurations - offering over 650 horsepower and more than 300 miles of range in higher trims."
Rivian's stock has fallen sharply since its November 2021 IPO, closing at $14, an 82% decline from the IPO price and 87% from its opening-day high. The company recorded its first annual consolidated gross profit of $144 million in 2025, a more than $1.3 billion improvement from 2024 driven by cost reductions and software revenue. Automotive-specific gross profit remained negative $432 million, indicating losses on each vehicle sold. Rivian plans customer deliveries of the lower-priced R2 midsize SUV in Q2 2026, starting near $45,000, and expects deliveries to rise to 62,000–67,000 vehicles. Full R2 specifications will be revealed March 12 at SXSW.
Read at 24/7 Wall St.
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