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Morningstar

Morningstar

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Oct 30, 2026

Rivian Automotive, Inc.: Rivian Earnings: Shares Rise on Improved Guidance; Maintaining Valuation

Symbols

RIVN

Sector(s)

Consumer Cyclical

Rating

Current Price

12.16

Fair Value

Economic Moat

Stewardship

Summary

Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The company also develops electronic control units and related software for autos in a joint venture with Volkswagen. Rivian has multiple vehicles in its fleet, which include a midsize

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Analyst Profile

Seth Goldstein

Equity Analyst

Seth Goldstein, CFA, is an equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers agriculture, chemicals, copper, and lithium companies in the basic-materials sector. Goldstein is also the Chair of Morningstar's Electric Vehicle Committee.Prior to assuming his current role in 2017, Goldstein was an associate equity analyst covering the basic-materials sector. Before joining Morningstar, Goldstein was a senior financial analyst for Oasis Financial, a financial analyst for Berkshire Hathaway Energy, and a field operations supervisor for the U.S. Census Bureau.Goldstein holds a bachelor's degree in journalism from Ohio University and a master's degree in business administration, with a concentration in finance, from the University of Iowa. He also holds the Chartered Financial Analyst® designation.

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