RIVN Earnings Prediction
The chart below shows how RIVN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, RIVN sees a -0.25% change in stock price 10 days leading up to the earnings, and a -12.34% change 10 days following the report. On the earnings day itself, the stock moves by -0.46%. This data can give you a slight idea of what to expect for the next quarter's release.
RIVN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.73B
31.86%
98.40%
Gross Margin
-256.75%
742.08%
372.40%
Operating Margin
-304.67%
191.16%
112.68%
Net Margin
-42.85%
-62.95%
-65.95%
EPS
-0.70
-55.70%
-35.19%
No Data Available
RIVN Earnings Analysis
Rivian Automotive Inc Corporation (RIVN.O) Earnings Conference Call
Positive
Gross Margin Improvement: Positive gross margin achieved in Q4 2024, reflecting cost reduction efforts and increased revenue per vehicle.
Cost Reduction Impact: Reduced cost of goods sold (COGS) by $31,000 per vehicle compared to Q4 2023, contributing to improved profitability.
Automotive Revenue Per Unit: Increased revenue per unit, with automotive revenue per unit (excluding regulatory credits) reaching $86,000.
Regulatory Credits Revenue Boost: Generated nearly $300 million in revenue from regulatory credits in Q4 2024, enhancing overall financial performance.
Tri-Motor Variant Success: Successful launch of the Tri-Motor variant, which has seen a higher than expected take rate among consumers.
Automotive Gross Profit Achievement: Achieved a segment-level automotive gross profit of $110 million, reflecting a 7% gross margin for Q4 2024.
Customer Satisfaction Excellence: Positive customer satisfaction ratings, with Rivian being recognized as the highest-rated brand for customer satisfaction and likelihood of repurchase for two consecutive years.
Top Safety Rating Achieved: Both R1T and R1S vehicles received the highest safety rating (Top Safety Pick Plus) from the Insurance Institute for Highway Safety, enhancing brand reputation.
R2 Program Advancements: Progress on the R2 program, with a simplified design and expected lower costs compared to R1, indicating a strong future product pipeline.
Manufacturing Facility Expansion: Expansion of manufacturing facilities in Normal, Illinois, and Georgia, supporting future production capacity and growth.
Strong Cash Reserves: Significant cash position of $7.7 billion, providing financial flexibility for upcoming projects and operations.
Vehicle Production Growth: Expected to deliver between 46,000 and 51,000 vehicles in 2025, indicating growth in production and sales.
Gross Profit Outlook 2025: Positive outlook for gross profit in 2025, supported by strong performance in the software and services segment.
Negative
Earnings Miss Report: Rivian Automotive, Inc. missed earnings expectations with a reported EPS of $-0.70321, compared to expectations of $-0.69.
Lower Vehicle Deliveries Anticipated: The company anticipates lower consumer vehicle deliveries in Q1 2025 due to seasonality and a challenging demand environment, particularly impacted by fires in Los Angeles, a key market.
Production Forecast and Strategy: Production levels are expected to be approximately 14,000 vehicles in Q1 2025, as Rivian focuses on building inventory to mitigate the impacts of a planned plant shutdown in the second half of the year.
Q1 2025 Delivery Expectations: Rivian expects to deliver only about 8,000 vehicles in Q1 2025, which is significantly lower than previous quarters.
Projected EBITDA Loss: The company projects an adjusted EBITDA loss of between $1.7 billion and $1.9 billion for 2025, indicating ongoing financial challenges despite some improvements in gross profit.
Capital Expenditure Increase: Rivian's capital expenditures are expected to increase year-over-year from 2025 to 2026, driven by manufacturing facility expansions, which may strain financial resources further.
RIVN FAQs
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RIVN Earning Call Sentiment
Rivian Automotive, Inc. (NASDAQ:RIVN) Q4 2024 Earnings Call Transcript
RIVN.O
1.75%Positive
The earnings call shows mixed signals: Rivian's financials reveal strong revenue growth and cost reduction, yet a slight EPS miss and substantial adjusted EBITDA loss. Positive developments include a major DOE loan and joint venture funding, but management's vague responses in the Q&A raise concerns. The reaffirmed guidance and ambitious cost targets are positives, but the market may react cautiously due to uncertainties in guidance and long-term profitability. Thus, a neutral stock price movement is anticipated.
