Rivian's Q4 Earnings Preview: Key Insights
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 7h ago
0mins
Source: Fool
- Declining Deliveries: Rivian's Q4 deliveries fell 31% year-over-year to 9,745 vehicles, primarily due to customers rushing to purchase ahead of the tax credit removal, highlighting the company's vulnerability to market demand fluctuations.
- Tax Credit Impact: Rivian vehicles are ineligible for tax credits in 2025 due to failure to meet domestic battery sourcing requirements, exacerbating sales pressure in the high-end market and impacting future revenue growth.
- Software and Services Growth: Despite declining deliveries, Rivian's Q3 software and services revenue surged 324% year-over-year to $416 million, indicating the company's potential in diversifying its business model, particularly through its joint venture with Volkswagen.
- Uncertain Future Outlook: Given the tax credit removal, Rivian's Q4 earnings are expected to fall short of the strong Q3 results, prompting investors to focus on the company's long-term potential rather than short-term price fluctuations amid future market challenges.
Analyst Views on RIVN
Wall Street analysts forecast RIVN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RIVN is 17.78 USD with a low forecast of 10.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
8 Buy
7 Hold
3 Sell
Moderate Buy
Current: 15.750
Low
10.00
Averages
17.78
High
25.00
Current: 15.750
Low
10.00
Averages
17.78
High
25.00
About RIVN
Rivian Automotive, Inc. is an automotive manufacturer, which is engaged in developing and building category-defining electric vehicles (EVs) and accessories, as well as software and services that address the entire lifecycle of the vehicle. The Company’s R1 platform consists of two vehicles: the R1T, a two-row five-passenger pickup truck, and the R1S, a three-row seven-passenger sport utility vehicle (SUV). In the commercial market, the Company offers a Rivian Commercial Vehicle (RCV) platform. The vehicle on this platform is the Electric Delivery Van (EDV), designed and engineered by Rivian in collaboration with Amazon. The Company also offers FleetOS, its proprietary, end-to-end centralized fleet management subscription platform. It also offers a variety of services, including vehicle repair and maintenance, financing, insurance, software subscriptions and FleetOS solutions. Its value-added services include vehicle electrical architecture and software development services, and more.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








