Rivian Automotive, Inc. (NASDAQ: RIVN) experienced a significant intraday decline, with its stock price plummeting by 6.59%. The movement occurred during Thursday's trading session, reflecting immediate market reaction to recent company developments.
The sharp drop follows the release of Rivian's fourth-quarter and full-year 2025 financial results. For Q4 2025, the company reported revenue of $1.29 billion, down from $1.73 billion in the same period last year, while gross profit also declined to $120 million from $170 million. This performance prompted mixed reactions from analysts, including a downgrade to Underperform by DA Davidson with a price target cut to $14, contributing to the negative investor sentiment.
Despite the quarterly decline, Rivian showed improvement in its full-year 2025 results with an 8% revenue increase to $5.39 billion and a significant turnaround to a $144 million gross profit from a $1.2 billion loss in 2024. However, the immediate market focus appears to be on the quarterly performance and the cautious analyst outlook.