Rivian Automotive (RIVN) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- -$0.63
- Estimate
- -$0.78
- Surprise
- +18.9%
- Revenue (period 2026-06-30)
- $1.66B
- Score at report (before → after)
- 5.7 → 5.5/10
Revenue source: xbrl.
How the report landed
Rivian Automotive (RIVN) reported a narrower loss than forecast — adjusted EPS of -$0.63 against the -$0.78 estimate (a 18.9% beat on a still-unprofitable quarter). TrendMatrix's engine moved from Data Issue (5.7/10) to Sell at 5.5/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates RIVN Sell at 5.3/10.
3 of the last 4 quarters beat the estimate; this quarter's +18.9% surprise compares with a +8.3% four-quarter average. Next scheduled report: 2026-11-03.
What argues against it
- Concentration risk — Supplier: single- or limited-source suppliers
- Quality below floor (1.6 < 4.0)
- Momentum score 3.7/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $15.48
- Price target
- $17.38
- Stop
- $14.40
- Upside to target
- +12.2%
- Reward-to-risk
- 1.4:1
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
RIVN at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Auto Manufacturers
- Market cap
- $21.75B
- P/E (fwd)
- -8.6
- 52-week range
- $12.39–$22.69
- Off 52-week high
- 31.8%
- RSI (14)
- 44
- Volume vs avg
- 0.89×
- Score today
- 5.3/10