Rivian reported a 46% year-over-year increase in vehicle deliveries for Q3, delivering 19,248 units compared to 13,201 last year, surpassing Wall Street expectations of 18,000 units. The company reaffirmed its 2026 delivery guidance of 65,000 to 70,000 vehicles, aiming for a 20.5% increase in deliveries from Q3 to Q4 to meet this target. This growth is driven by ramped-up production of the new Rivian R2 SUV, a smaller and more affordable model launched earlier this year. The strong delivery performance highlights Rivian's progress in scaling production and market presence in the electric vehicle sector.
Rivian Automotive, Inc. (RIVN) trades at USD 15.08 on Pluang as of Oct 02, 2026 19:41 WIB, up 2.17% in one day. The stock's market cap stands at $21.37 billion with a 52-week range between $12.50 and $22.45. Despite strong delivery growth, Pluang order activity shows 75% selling and 25% buying interest, reflecting mixed investor sentiment.
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