{
  "id": 11458325,
  "title": "Cantor Fitzgerald reiterates Rivian stock rating after Q3 beat",
  "url": "https://urgent.news/2026/10/02/cantor-fitzgerald-reiterates-rivian-stock-rating-after-q3-beat",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T14:20:56.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/cantor-fitzgerald-reiterates-rivian-stock-rating-after-q3-beat-93CH-4930078"
  },
  "original_language": "en",
  "account": "Investing.com reports that Cantor Fitzgerald has reaffirmed its Neutral rating and $19.00 price target for Rivian Automotive Inc (NASDAQ:RIVN) following the company's strong third-quarter performance. Rivian delivered 19,248 vehicles in Q3 2026, surpassing both the firm's 18,228 vehicle estimate and the Visible Alpha Consensus of 18,001 vehicles. The production figures also exceeded expectations, with 19,751 vehicles produced in Q3 2026, outpacing the $19,600 estimate and consensus of 17,647 vehicles. Revenue growth stood at 14% year-over-year, although the gross profit margin remains modest at 7.5%. The company has reaffirmed its guidance for 2026 vehicle deliveries, projecting between 65,000 and 70,000 units, with Cantor Fitzgerald estimating 67,511 deliveries for the year, slightly above the Visible Alpha Consensus of 66,685. Despite the impressive delivery and production numbers, the stock appears undervalued at its current price of $14.36, sitting below Cantor Fitzgerald's Fair Value estimate. Analysts anticipate a robust 39% revenue growth for fiscal 2026, and the company will report Q3 earnings on October 29, followed by an earnings call at 5:00 PM ET. Additional initiatives include the launch of the R2 Performance with Launch Package at $57,990 and the Premium and Standard trims priced at $53,990 and $48,490 respectively. Notably, CFO Claire McDonough will depart the company on October 30, 2026, to relocate to the East Coast for family reasons. The Pro Research Report offers a comprehensive analysis of Rivian's financial health and growth outlook, available to investors seeking deeper insights into the company's prospects.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}