Rivian's stock rose 4% following a UBS upgrade that highlights the potential of its lower-priced R2 SUV to improve automotive gross margins and drive profitability. The company reported a 38.3% revenue increase in Q3 2026 and raised its full-year delivery guidance to 67,000-70,000 vehicles. UBS sees strong early demand for the R2 and growth prospects from software and services, including its Autonomy+ subscription. However, Rivian still faces challenges with losses and cash flow, making the success of the R2 ramp critical for its financial turnaround.
Rivian's stock gained 4.11% to USD 12.66 on Pluang as of Nov 02, 2026 21:12 WIB, reflecting investor interest following the UBS upgrade. Lucid also edged higher by 2.32% to USD 3.09, while Tesla rose 1.16% to USD 404.37. Trading volumes remain active, with Rivian seeing over 62 million shares traded on the platform during this session.
Automakers like Ford, Rivian, and General Motors are increasingly using 3D printing beyond prototyping to produce factory tools and select vehicle parts. This additive manufacturing technology helps reduce costs, speeds up development and repair cycl...
Rivian's Q3 2026 results beat expectations with a 38% revenue increase and a smaller loss per share, driven by strong sales of its cheaper R2 SUV. The company raised its 2026 delivery guidance and improved its adjusted EBITDA loss outlook, signaling ...
Rivian is licensing its AI voice assistant technology to Volkswagen Group as part of their $5.8 billion joint venture. The AI assistant, already available in Rivian vehicles, may debut in Volkswagen's affordable electric hatchback, the ID EVERY1. Thi...
Rivian exceeded Wall Street's Q3 earnings expectations by reporting a smaller loss per share and higher revenue, driven by increased production and sales of its new R2 entry-level SUV. The company revised its 2026 guidance upward, forecasting better ...
Rivian's newly launched R2 SUV became its best-selling vehicle in Q3 2026, driving the company to raise its annual delivery guidance from a minimum of 65,000 to 67,000 EVs. The R2's early success signals Rivian's ability to attract new customers desp...
