Rivian Automotive (RIVN) saw its stock dip 7.2% in early trading on January 17, 2026, reversing gains from the previous week. Analysts are assessing whether the EV maker’s recent rally was a temporary spike or a sign of long-term recovery.
- RIVN stock dropped 7.2% on January 17, 2026, reversing recent gains.
- Q4 2025 vehicle deliveries totaled 37,800, below the 43,000 forecast.
- Adjusted EBITDA loss expanded to $412 million in Q4.
- RIVN reaffirmed 2026 production target of 150,000 electric vehicles.
- Short interest rose 11% over two weeks, indicating growing bearish sentiment.
- Current stock price at $28.75, near the lower end of its 52-week range.
Rivian Automotive (RIVN) retreated from its recent highs, closing the morning session down 7.2% as investor sentiment cooled following a three-day rally that pushed the stock up 18.4% from January 10 to January 14. The sell-off came amid mixed signals from the company’s latest operational updates, including a 12% decline in Q4 vehicle deliveries compared to the prior quarter, despite an 8% increase in production output. The company reported 37,800 units delivered in Q4 2025, falling short of the 43,000 target analysts had projected. Meanwhile, its adjusted EBITDA loss widened to $412 million, up from $367 million in Q3, raising concerns about near-term profitability. Despite these figures, Rivian affirmed its 2026 production target of 150,000 units and announced a new partnership with a European logistics firm to expand its charging network. Market watchers are now debating whether RIVN’s recent gains were driven by speculative interest rather than fundamental improvements. The stock’s 52-week range remains narrow—between $17.40 and $32.90—with the current price hovering around $28.75, down from a high of $33.20 reached on January 14. The shift has prompted some institutional investors to trim positions, with short interest rising 11% over the past two weeks, according to public filings. The broader electric vehicle sector reacted cautiously, with Tesla (TSLA) and Lucid (LCID) also seeing modest pullbacks. Analysts remain divided: some maintain a 'hold' rating citing long-term potential, while others have downgraded to 'sell' due to ongoing cash burn and delayed profitability.