Rivian Automotive, Inc. (RIVN) saw its stock price soar 27.14% during intraday trading on Friday, marking a significant surge for the electric vehicle manufacturer.
The sharp upward movement follows the company's release of better-than-expected fourth-quarter 2025 financial results. Rivian reported an adjusted loss per share of $0.54, which was narrower than the consensus estimate of a $0.68 loss. Revenue of $1.286 billion also surpassed analyst expectations. Notably, the company reported a fourth-quarter gross profit of $120 million, exceeding Wall Street forecasts which anticipated the company would break even.
Investor enthusiasm is primarily driven by Rivian's optimistic outlook for 2026, which includes a forecast for vehicle deliveries between 62,000 and 67,000 units. This represents an approximate 53% increase over 2025 deliveries and is supported by the planned launch of the company's new, more affordable R2 SUV in the second quarter. The R2 model, with a starting price around $45,000, is viewed as a critical catalyst for expanding Rivian's market reach and accelerating its path to profitability. Several analysts responded to the report by upgrading the stock and raising price targets, citing the clear transition year ahead and the growth potential of the R2 platform.