Rivian Automotive (RIVN)

Hold Recap: Q2 2026

R2 Ships on Time and the Beat Is Real, But Regulatory Credits Did the Margin Work and They Leave in the Second Half

Outperform Recap: Q4 2025

First Full Year of Gross Profit, Auto Losses Nearly Eliminated, and R2 Is Weeks Away — The Inflection Point Has Arrived

Hold Recap: Q3 2025

The Trough Is Behind Them: Tax Credit Pull-Forward Powers Record Deliveries, R2 Factory Robots Are Online, and Tariffs Fade — But Now Q4 Faces a Demand Cliff

Underperform Recap: Q2 2025

The Q1 Gross Profit Was a Mirage: Reg Credit Collapse, Production Shutdown, and a $412M Margin Swing Expose the Pre-R2 Void

Hold Recap: Q1 2025

Record Gross Profit and Clean Beat Collide with a Tariff-Driven Demand Reset — R2 Execution Now the Entire Story