Rivian Stock Drops – Reasons and Latest Developments
POINTS Rivian (RIVN) stock declined 4.7% after Cantor Fitzgerald downgraded its rating from "Buy" to "Neutral." Q4 2024 earnings were underwhelming , with 2025 delivery guidance (46,000-51,000 vehicles) falling short of expectations. Positives : Revenue, EPS, and EBITDA exceeded forecasts, and gross margin and free cash flow (FCF) turned positive for the first time. Volkswagen (VW) and Rivian’s $5.8 billion joint venture could drive long-term growth. U.S. government’s interest in electric armored vehicles could present future contract opportunities for Rivian. The stock is down 2.4% YTD and is trading 28.6% below its 52-week high. Details Why Did Rivian (NASDAQ: RIVN) Stock Drop? source : yahoo finance (RIVN) Disappointing Q4 2024 earnings and weaker 2025 outlook 2025 delivery forecast (46,000-51,000 vehicles) fell short of analyst expectations. Decline in electric delivery van (EDV) shipments raised concerns. Possible elimination of the $7,500 EV tax credit co...