Rivian Automotive reported a 45.8% year-over-year increase in electric vehicle deliveries in Q3, driven by strong demand for its lower-cost R2 SUV. This delivery growth is expected to improve the company's gross profit and help address its structural earnings challenges by year-end. With continued scale and margin gains, Rivian could see its stock valuation rise from a forward FY 2027 price-to-sales ratio of 1.6x to 2.2x. The positive momentum sets the stage for potential upgrades to earnings estimates and a strong Q3 earnings report.
Following Rivian's strong Q3 delivery growth, its stock price on Pluang is currently USD 13.96, down 2.58% as of Oct 10, 2026 20:01 WIB. The market values Rivian at $20.21 billion, with the stock trading between a 52-week low of $12.50 and a high of $22.45. Typical investors hold the stock for about 61 days on the platform.
After the November 3 midterm elections, smaller EV makers Lucid and Rivian saw their stocks rise by 12% and 6% respectively, driven by increased risk appetite and upcoming earnings reports. Lucid is focusing on improving cash flow and robotaxi testin...
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 del...
