Rivian Stock Soars 28% on Strong Q4 Results and 2026 Outlook
Rivian Automotive Inc. (RIVN) recorded its largest single-day gain ever, surging 28% after reporting fourth-quarter earnings that exceeded analyst expectations. Revenue reached $1.29 billion with a narrower loss of $0.70 per share, while gross profit hit $120 million for the second consecutive quarter.
The electric vehicle maker's 2026 guidance fueled investor optimism, with projected deliveries of 62,000 to 67,000 vehicles—a significant jump from 2025 estimates. CEO RJ Scaringe emphasized the upcoming R2 SUV launch in Q2 2026 as a pivotal moment for the company, signaling Rivian's expansion into more affordable market segments.
Analysts responded with upgrades, including Deutsche Bank's MOVE to Buy and UBS shifting to Neutral. The rally reflects growing confidence in Rivian's ability to scale production and capture broader EV demand.
