{
  "id": 3021801,
  "title": "Stifel reiterates Rivian stock rating on strong Q2 results",
  "url": "https://urgent.news/2026/08/24/stifel-reiterates-rivian-stock-rating-on-strong-q2-results",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T12:50:55.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/stifel-reiterates-rivian-stock-rating-on-strong-q2-results-93CH-4873534"
  },
  "original_language": "en",
  "account": "Stifel has maintained its Buy rating and raised the price target to $22.00 for Rivian Automotive Inc (NASDAQ:RIVN) stock, following the company’s impressive second-quarter 2026 results and updated guidance. Rivian's stock is currently trading at $16.97, marking a 14% increase over the past week. The company's revenue exceeded expectations, rising 7.2% year-over-year, reaching $1.66 billion, and beating forecasts of $1.50 billion. Adjusted EBITDA improved to negative $379 million, surpassing Stifel's estimate of negative $642 million and the consensus of negative $547 million. Gross profit also saw a significant year-over-year increase to $179 million, with the automotive loss narrowing to negative $36 million from a staggering negative $335 million. The company's gross profit margin stands at 7.5% over the last twelve months in Q2 2026. R2 external deliveries began on June 9, with Launch Edition order conversions surpassing plans. The company has shifted its second shift into the third quarter of 2026, increased its 2026 delivery guidance, and adjusted EBITDA outlook to negative $2.00 billion to negative $1.80 billion. Capital expenditures have been cut to $1.70 billion to $1.80 billion. Liquidity stands at $7.2 billion pro forma, plus $1.25 billion from Volkswagen and Uber. The current ratio of 2.1 indicates that liquid assets exceed short-term obligations. Investors should keep an eye on the absence of second-half 2026 regulatory credits in the first half of 2026, a third-quarter automotive gross margin headwind before the fourth-quarter benefit, rising input costs, and higher autonomy spend.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Stifel reiterates Hayward Holdings stock Buy rating at $19.50",
        "url": "https://urgent.news/2026/08/24/stifel-reiterates-hayward-holdings-stock-buy-rating-at-19-50",
        "published": "2026-08-24T12:50:47.000Z"
      }
    ]
  },
  "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."
}