Rivian (RIVN)
Builds electric pickups, SUVs, and commercial vans alongside vehicle software and services.
Something off on this page? Send us feedback.
Sells R1T pickups, R1S and R2 SUVs, and commercial electric vans through a direct model, alongside software, services, and regulatory credits. Vehicle revenue is complemented by a Volkswagen joint venture that develops electrical architecture and software for multiple automotive brands.
Designs and manufactures electric vehicles across the Automotive and Software and Services segments. The vehicle lineup spans the R1T pickup, R1S three-row SUV, newly launched R2 midsize SUV, and Rivian Commercial Van; R3 remains a future product. Sales also include regulatory credits, subscriptions, charging, service, remarketing, and vehicle software and electrical-architecture development.
Vertically integrated work covers propulsion, battery packs, chassis systems, electronics, software, and assisted-driving technology, enabling over-the-air updates and a direct customer relationship. Vehicles are built in Normal, Illinois and sold in the United States and Canada, while the Volkswagen joint venture develops architecture and software for multiple brands.
Growth depends on ramping R2 efficiently, sourcing thousands of components from mostly single- or limited-source suppliers, and funding new capacity. Volkswagen-linked development accounts for most software and services revenue, while Amazon remains a major commercial-van customer.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 14, 2026 | Citigroup | Initiate | Rating: — | |
| Aug 24, 2026 | Stifel Nicolaus | Target | Target: $20 | Target: $22 |
| Aug 4, 2026 | Deutsche Bank | Downgrade | ||
| Jul 31, 2026 | RBC Capital | Reiterate | Rating: —Target: $12 | Target: $16 |
| Jul 31, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $12 | Target: $14 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $5.31B · Total debt $5.35B · Total assets $15.14B · Shareholders' equity $5.13B
- Revenue
- $1.66B
- Operating income
- −$836.0M
- Net income
- −$833.0M
No dividends on record.
| Institutions | 51.74% | 749.19M shares | |
|---|---|---|---|
| 897 holders · as of Jun 30, 2026 | |||
| Insiders | 0.49% | 7.10M shares | |
| 10 holders · as of Aug 21, 2026 | |||
| Strategic holders | 14.49% | 209.77M shares | |
| 1 holder · as of May 4, 2026 | |||
| Other | 33.28% | 481.80M shares | |
| remainder | |||
1.45B company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (1.45B in the company's Sep 22, 2026 report, 1.21B elsewhere); stakes use the report.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Volkswagen AGStrategic10 percent owner | 14.49% | 209.77M A | filed May 4, 2026 |
Amazon Com IncInstitution | 10.94% | 158.36M A | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 3.90% | 56.42M A | as of Jun 30, 2026 |
Baillie Gifford & CoInstitution | 2.98% | 43.21M A | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 2.71% | 39.27M A | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 11, 2026 | Michael John Callahan | officer: Chief Administrative Officer | −15,000 | $16.29 |
| Aug 20, 2026 | Claire McDonough | officer: Chief Financial Officer | −8,023 | $16.00 |
| Aug 18, 2026 | Claire McDonough | officer: Chief Financial Officer | −13,144 | $14.50 |
| Jul 6, 2026 | Karen Boone | director | −20,000 | $20.00 |
| Jun 3, 2026 | Claire McDonough | officer: Chief Financial Officer | −8,022 | $18.00 |
- Tesla
Dominant EV rival across pickup, SUV, software and autonomy.
- General Motors
Broadest overlap — EV pickups, large SUVs and commercial vans.
- Ford
EV pickup, SUV and commercial-van rival; former co-development partner.
- Lucid Group
Premium EV-startup peer; Gravity SUV contests the R1S directly.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Rivian | $15.28 | −0.51% | $18.65B | — | — | 3.2 | +27.2% |
| Tesla | $374.67 | −0.17% | $1.48T | 347.5 | 181.8 | 14.3 | +25.5% |
| General Motors | $84.34 | +0.46% | $75.93B | 42.4 | 6.0 | 0.4 | +1.9% |
| Ford | $13.14 | −0.23% | $52.56B | — | 7.4 | 0.3 | −3.8% |
| Lucid Group | $4.32 | +0.46% | $1.37B | — | — | 0.9 | +56.2% |
| Median | 194.9 | 7.4 | 0.6 | +13.7% |