Um, and now Diane King Hall is here. So, I want to see more about some of these movers, including Rivian this morning. We're joined by Diane King Hall.Good morning. >> Good morning. This is on the winning side, Rivian.So, those shares revving up today off the back of his quarterly results, which it did do better than expected. It did report a loss on an adjusted basis, but again, the street was expecting more bleeding than it reported. The adjusted loss uh 54 cents a share.Revenue coming in at 1.29% billion ...

Core Insights - Rivian Automotive reported a consolidated gross profit of $144 million in 2025, a significant recovery from a gross loss of $1.2 billion in the previous year [1] - The company narrowed its net loss to $3.64 billion from $4.74 billion, while full-year consolidated revenue increased by 8% to $5.38 billion [1] - Automotive revenue decreased by 15% to $3.83 billion, whereas software and services revenue surged by 222% to $1.55 billion [1] Financial Performance - In the fourth quarter, Rivian achieved a gross profit of $120 million on revenue of $1.28 billion, down from $170 million on $1.734 billion in the same period last year [3] - Automotive revenue in the fourth quarter fell by 45% year-on-year to $839 million, attributed to weaker regulatory credit sales and fewer deliveries after tax incentives expired [3] - The net loss attributable to common stockholders in the fourth quarter was $811 million, compared to $744 million in 2024 [4] Production and Deliveries - For 2025, Rivian produced 42,284 vehicles and delivered 42,247 units [2] - In the fourth quarter, the company produced 10,974 vehicles and delivered 9,745 at its Normal, Illinois plant [4] - The company forecasts deliveries of 62,000-67,000 vehicles for 2026 [6] Software and Services - Software and services revenue increased by 109% to $447 million, driven by vehicle electrical architecture and software development related to a joint venture with Volkswagen Group [4] - Rivian introduced its Universal Hands-Free assisted-driving feature and the AI-based software platform, Rivian Unified Intelligence, during the quarter [5] Future Outlook - Rivian anticipates an adjusted EBITDA loss of $1.80 billion to $2.10 billion and capital expenditure of $1.95 billion to $2.05 billion for 2026 [6] - The company is on track with R2 manufacturing preparations, with initial validation builds completed in January 2026 [2] - CEO RJ Scaringe emphasized the focus on execution in 2025 to scale the business and highlighted positive early reviews of the R2 pre-production builds [7]

Group 1 - Applied Materials increased by 10.8% as the company raised its earnings forecast [1] - Rivian surged by 25.1% with an expected 53% increase in delivery volume by 2026 [1] - Airbnb rose by 6.3%, achieving the highest growth rate in Q4 bookings in two years [1] Group 2 - Roku's stock jumped by 15.8% after Rosenblatt raised its target price to $118, indicating a potential increase of 42% [1] - Pinterest fell by 22.8% due to Q4 performance falling short of expectations [1] - DraftKings declined by 12.0% as its revenue outlook for 2026 did not meet expectations [1]

Core Insights - Rivian's stock experienced a surge of over 20% following the announcement of strong delivery guidance for 2026, with expectations of 62,000 to 67,000 vehicle deliveries, aligning with Wall Street estimates of approximately 63,400 units, indicating optimism around the upcoming R2 vehicle launch in Q2 2024 [1][2]. Delivery Guidance - The company is targeting customer deliveries of the R2 midsize vehicle for the second quarter of 2024, following initial manufacturing validation builds that began in January [2]. - Rivian's delivery guidance for 2026 is set between 62,000 and 67,000 units, which meets Wall Street's expectations [1]. Financial Performance - Rivian reported an adjusted EBITDA loss of $2.063 billion for the year, which was wider than the expected loss of $1.8 billion but within the company's own forecast [6]. - The company achieved a gross profit of $120 million, with a loss of $59 million in the automotive segment and a gain of $179 million from software and services, attributed to its joint venture with Volkswagen [5]. Capital Expenditures and Liquidity - Capital expenditures for the year totaled $1.710 billion, which was below the estimates of $2.05 billion [6]. - At the end of Q4, Rivian had cash and cash equivalents of $6.082 billion, approximately $1 billion less than the previous quarter, and total liquidity of $6.588 million, which is critical for ramping up R2 production [7]. Strategic Outlook - CEO RJ Scaringe emphasized the importance of the R2 program for demonstrating long-term profitability and scaling the business [3]. - Rivian anticipates raising an additional $2 billion in cash and debt from its joint venture with Volkswagen this year, indicating a proactive approach to capital management [7].

Core Viewpoint - Investors reacted positively to Rivian's new quarterly results and sales forecasts for the year [1] Group 1 - Rivian reported strong quarterly results that exceeded market expectations [1] - The company provided optimistic sales forecasts for the current year, indicating growth potential [1]

Core Viewpoint - Rivian's stock surged by 24% following its projection that the introduction of more affordable models, particularly the R2 SUV starting at nearly $45,000, will attract more buyers and boost deliveries in 2026 [1][1][1] Company Summary - Rivian plans to launch the R2 model in the second quarter of this year, which is a significant price reduction from its high-end R1 family of vehicles [1][1] - The company anticipates a 53% increase in deliveries in 2026, projecting between 62,000 and 67,000 vehicles, compared to previous estimates of 64,130 vehicles [1][1] - Despite being unprofitable, Rivian's stock rose over 48% last year due to optimism surrounding the R2 model, although it has faced a 29% decline this year amid subdued overall EV sentiment [1][1] Industry Summary - The electric vehicle industry is shifting towards lower-priced models to stimulate demand after the expiration of a $7,500 federal tax break [1][1] - Competitors like Ford and General Motors are also focusing on affordable EVs, with Ford developing a $30,000 model and GM reintroducing the Bolt EV at just under $30,000 [1][1] - Other luxury brands, such as Lucid, are launching cheaper variants to adapt to the changing market dynamics [1][1]

Rivian Automotive stock is showing exceptional strength. Why is RIVN stock surging?EPS And Revenue Results; Production And DeliveriesRivian reported an adjusted loss of 54 cents, beating the consensus estimate of a 68 cent loss. In addition, it reported revenue of $1.28 billion, beating the consensus estimate of $1.27 billion.Automotive revenue totaled $839 million, down 45% year-over-year from $1.520 billion, primarily driven by a $270 million decrease in regulatory credit sales, lower vehicle deliveries f ...

Core Viewpoint - Rivian reported stronger-than-expected Q4 results, achieving its first annual gross profit, which led to a significant increase in its stock price after hours [1][2]. Financial Performance - Rivian's Q4 revenue was $1.29 billion, surpassing the expected $1.26 billion, while the loss per share was $0.54, better than the anticipated $0.68 [2]. - The company achieved its first annual gross profit of $144 million, with Q4 contributing $120 million [2]. Stock Market Reaction - Following a decline of over 5% during the February 12 session, Rivian's stock rebounded by nearly 20% in after-hours trading, reaching a price of $16.77 [1][3]. Future Outlook - Rivian's guidance for 2025 includes expectations to ship between 62,000 and 67,000 vehicles, indicating a potential annual delivery growth of up to 59% [5]. - Despite the positive outlook, the company anticipates operating at a loss in the current year, which poses risks to investors [6]. Analyst Ratings and Market Sentiment - Wall Street analysts maintain a 'Hold' rating for Rivian, with a price target of $17.75, which is above the recent trading price but reflects cautious sentiment [8][11]. - The only recent rating revision was bearish, with Mizuho Securities assigning a 'Sell' rating while raising the price forecast from $10 to $11 [11].

Rivian公司第四季度运营费用达9.53亿美元。 ...

Rivian shares jump 14.6% after earnings beat adds $2.5bn to valuation Proactive uses images sourced from Shutterstock Shares in Rivian Automotive Inc (NASDAQ:RIVN) rose 14.6% to $14 in after-hours trading on Thursday after the group reported a surprise fourth-quarter earnings beat, adding about $2.5 billion to its market value, though the stock remains down about 27% year to date. The company exceeded Wall Street expectations with an adjusted loss per share of 54 cents against forecasts of 68 cents and r ...