"In the latest results, revenue was up slightly year over year and sequentially to $1.3 billion. However, the company also posted a wider-than-expected loss and widened its full-year loss projection due to tariffs and the loss of EV tax credits. This reflected a 90% decline from its November 2021 IPO high. Some Wall Street analysts decreased their price targets after the report."
"Still, the stock is 27.9% higher since its year-to-date low in April, despite facing challenges from reduced delivery targets and tariff pressures. However, it is countering those headwinds with cost efficiencies, strategic partnerships, and the anticipated R2 launch next year. 24/7 Wall St. conducted some analysis to give investors a better idea of where they can expect the stock to be in a year. Let's take a look at whether Rivian can overcome its hurdles and return to growth."
"Rivian is grappling with significant obstacles. Second-quarter deliveries totaled 10,661 vehicles, down 22.7% year over year. This decline in deliveries comes as Rivian prepares for the launch of its 2026 model year vehicles. The company reaffirmed its 2025 delivery guidance of 40,000 to 46,000 vehicles. It cited softening demand due to economic uncertainties and shifting consumer sentiment, as well as tariffs that are increasing manufacturing costs."
Rivian's shares have fluctuated, trading 9.2% lower than a week ago while remaining 26.4% higher than a year ago and 27.9% above the year-to-date low. Revenue rose slightly to $1.3 billion, but the company posted a wider-than-expected loss and widened its full-year loss projection due to tariffs and the loss of EV tax credits. Second-quarter deliveries fell 22.7% year over year to 10,661, and the company lowered near-term delivery targets while reaffirming 2025 guidance of 40,000–46,000 vehicles. Management is pursuing cost efficiencies, strategic partnerships, and the lower-priced R2 SUV launch to return to growth, though per-vehicle losses persist.
Read at 24/7 Wall St.
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