Rivian Automotive Inc. Class A Common Stock (RIVN)

FairStock Score: 50/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Rivian builds electric trucks and SUVs, a capital-intensive business with real products but no durable proof of economics. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $1.7 billion, but net income was -$833 million and diluted EPS -$0.63. That is an improvement over fiscal Q2 2025, the quarter ended 2025-06-30, when revenue was $1.3 billion and net loss was $1.1 billion, yet a -50.24% net margin means every dollar of sales still consumes roughly fifty cents. FY2025, ended 2025-12-31, showed revenue $5.4 billion and net loss $3.6 billion, better than FY2024's $5.0 billion revenue and $4.7 billion loss, and FY2023's $4.4 billion revenue and $5.4 billion loss. Revenue is scaling and losses are narrowing annually, but the cash engine is still going backward: trailing free cash flow is -$3.5 billion, a -19.7% FCF yield per FairStock. Balance sheet: D/E 1.04; Altman Z-score -1.30; Piotroski 5/9; ROE -57.52%; ROCE -14.37%. No moat yet; manufacturing scale, brand, software, and charging may become advantages, but competition and capital needs are fierce. At $13.37 close on 2026-10-13, FairStock P/B 3.57 and negative P/E -5.16 offer no Graham margin of safety; book value is no bargain when returns are negative. FairStock Score 50/100 and no Lynch category because it has lost money each of last four years. I need evidence of sustained gross margin, lower cash burn, and self-funding growth before calling this a sound value.

In plain English: Rivian makes electric pickup trucks and SUVs. Sales are growing and its yearly losses have gotten smaller, but the company still loses a lot of money and burns cash. At $13.37 a share on 2026-10-13, the price looks high compared with its current losses and what it owns after debts, even though it sits near the low end of its 52-week range.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer