Rivian Lifts Delivery Outlook on Strong R2 Demand

what happened

Rivian posted third-quarter revenue of $2.16 billion, up 38% year over year and above consensus near $1.99 billion, according to Stocktwits. Its adjusted loss per share narrowed to $0.48, compared with the roughly $0.56 that analysts had expected.

The company raised its full-year 2026 delivery forecast to 67,000–70,000 vehicles from 65,000–70,000, driven by demand for the new R2 SUV, which started deliveries in June. Rivian also narrowed its adjusted core loss guidance by $100 million at the midpoint and lowered its expected capital expenditures to $1.4–$1.5 billion.

Elsewhere, Texas regulator data showed Tesla's robotaxi fleet at 1,051 authorized vehicles, with 544 Cybercabs now outnumbering 507 Model Ys. Ford is preparing a sub-$30,000 Fathom electric pickup for a late-2027 launch, while General Motors is weighing hybrid versions of its three-row SUVs, Reuters reported.

why it matters

For investors, the key signal is Rivian's stronger demand and tighter financial targets. This week Rivian shares gained about 3%, GM rose roughly 15%, Tesla climbed 7% and Ford added about 6%.

market impact

Rivian shares: higher delivery outlook and smaller expected loss support the stock

• ▲Rivian shares pressure up — raised delivery guidance and narrower core loss outlook support sentiment

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instruments