Rivian Automotive stock fell 4.61 percent to USD 12.42 on October 16, 2026
Published on 10/17/2026 at 21:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNasdaq trading and valuation
- Rivian stock fell 4.61 percent on October 16, 2026.
- Cantor Fitzgerald kept its USD 19.00 target on October 12, 2026.
- Rivian stock cost USD 12.42 at 4:00 p.m. ET on October 16, 2026, down 4.61 percent versus the Nasdaq prior close.
- Rivian is scheduled to report third-quarter results on October 29, 2026.
Rivian Automotive, Inc. (ISIN US76954A1034) fell 4.61 percent to USD 12.42 on Nasdaq on October 16, 2026, its last completed session before the October 17, 2026 report date. The move placed the stock at the bottom of its USD 12.36 to USD 22.69 52-week range. On Nasdaq, the stock was last at USD 12.42 on October 16, 2026 at 4:00 p.m. ET, down 4.61 percent versus the prior close of October 15, 2026.
Analyst target stays at USD 19
Price Target reported on October 12, 2026 that Cantor Fitzgerald kept a Neutral rating and a USD 19.00 target for Rivian. The target stands 52.98 percent above the USD 12.42 Nasdaq price, calculated in the same currency. The report also cited USD 5.30 billion of cash, equivalents and short-term investments as of the second quarter of 2026.
Revenue improves as losses persist
Rivian generated USD 1.66 billion of revenue in the second quarter of 2026, up 27.00 percent from the same quarter a year earlier, while net income was a loss of USD 833.00 million. PrimaryIgnition reported that USD 108.00 million of the quarter's revenue came from regulatory credits. The company also reported operating cash flow of minus USD 487.00 million for the quarter.
Range and valuation remain wide
The USD 12.42 price was USD 0.06 above Rivian's 52-week low and USD 10.27 below its 52-week high on October 16, 2026. Trading volume reached 25,861,407 shares against an average of 23,181,542, while the market capitalization was USD 17.9 billion. Rivian's trailing P/E ratio was minus 4.81, and its dividend yield was 0.00 percent.
Comparison with peers
Rivian Automotive (Nasdaq, USD): minus 4.61 percent, P/E minus 4.81, market capitalization USD 17.9 billion
Lucid Group (Nasdaq, USD): minus 10.57 percent, P/E minus 0.23, market capitalization USD 995.0 million
Ford Motor Company (NYSE, USD): plus 0.97 percent, P/E minus 6.65, market capitalization USD 49.6 billion
Next results date
Rivian's investor-relations calendar lists third-quarter 2026 results for October 29, 2026, with the webcast scheduled for 5:00 p.m. ET. The company had reported second-quarter results on July 30, 2026, according to Earnings Today.
Rivian closes near its yearly low
The combination of a USD 17.9 billion market value, persistent quarterly losses and a USD 19.00 Cantor target leaves the October 29 report as the next dated test for the stock.
Rivian stock was last at USD 12.42 on October 16, 2026 at 4:00 p.m. ET on Nasdaq, down 4.61 percent versus the prior close of October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of Rivian stock.
Rivian Automotive market data
- Company: Rivian Automotive, Inc.
- ISIN: US76954A1034
- Ticker: RIVN
- Primary exchange: Nasdaq
- Price Nasdaq: USD 12.42 (as of October 16, 2026, 4:00 p.m. ET)
- Change versus prior Nasdaq close: minus 4.61 percent
- Market capitalization: USD 17.9 billion (as of October 16, 2026)
- 52-week range: USD 12.36-22.69 (as of October 16, 2026)
- Sector / Industry: Consumer Cyclical / Auto Manufacturers
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
