Rivian Automotive, Inc. (NASDAQ:RIVN) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
Last week, you might have seen that Rivian Automotive, Inc.( NASDAQ:RIVN ) released its quarterly result to the market. The early response was not positive, with shares down 9.1% to US$15.02 in the past week. It looks like the results were pretty good overall. While revenues of US$1.4b were in line with analyst predictions, statutory losses were much smaller than expected, with Rivian Automotive losing US$0.33 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Rivian Automotive after the latest results.
Taking into account the latest results, the most recent consensus for Rivian Automotive from 25 analysts is for revenues of US$6.97b in 2026. If met, it would imply a huge 26% increase on its revenue over the past 12 months. Losses are forecast to narrow 3.9% to US$2.72 per share. Before this earnings announcement, the analysts had been modelling revenues of US$7.03b and losses of US$2.95 per share in 2026. So there seems to have been a moderate uplift in analyst sentiment with the latest consensus release, given the upgrade to loss per share forecasts for this year.
See our latest analysis for Rivian Automotive
There's been no major changes to the consensus price target of US$18.20, suggesting that reduced loss estimates are not enough to have a long-term positive impact on the stock's valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic Rivian Automotive analyst has a price target of US$25.00 per share, while the most pessimistic values it at US$9.00. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry . It's pretty clear that there is an expectation that Rivian Automotive's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 36% growth on an annualised basis. This is compared to a historical growth rate of 46% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 15% per year. So it's pretty clear that, while Rivian Automotive's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.
The Bottom Line
The most important thing to take away is that the analysts reconfirmed their loss per share estimates for next year. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Rivian Automotive analysts - going out to 2028, and you can see them free on our platform here.
Plus, you should also learn about the 1 warning signwe've spotted with Rivian Automotive .
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

