Rivian Q4 Preview: Analysts See 26.3% Revenue Drop to $1.28B, $0.67 EPS Loss
Rivian posted $1.56 billion in Q3 revenue, a 78.3% year-on-year increase and 4.9% beat of analysts’ estimates. Analysts forecast Q4 revenue to fall 26.3% to $1.28 billion and an adjusted loss of $0.67 per share, while shares have slid 21.4% in the past month.
1. Last Quarter Performance
Rivian delivered $1.56 billion in revenue in its third quarter, marking a 78.3% year-over-year increase and beating analysts’ revenue estimates by 4.9% as adjusted operating income also surpassed projections.
2. Q4 Forecast and Outlook
For the fourth quarter, analysts project Rivian’s revenue will fall 26.3% year-over-year to $1.28 billion and an adjusted loss of $0.67 per share, reflecting a sharp reversal from the previous quarter’s strong growth trajectory.
3. Peer Comparison and Stock Trend
While automobile manufacturing peers Ford and General Motors reported year-on-year revenue declines of 4.8% and 5.1% respectively, with Ford beating estimates and GM missing, Rivian’s shares have slid 21.4% over the past month compared with a segment average gain of 8.6%.