Rivian Automotive (RIVN) Q4 2022 Earnings Report Analysis

– Quarterly revenue: $663 million, below estimates of $742.4 million

– Quarterly earnings: -$1.5983 per share, better than estimates of -$1.37 per share

– Revenue quarter to quarter growth rate: 82%

– Earnings quarter to quarter growth rate: 11.4%

–  Plans to launch R1T pickup truck, R1S SUV and Amazon delivery vans in 2023; aims to produce 50,000 vehicles in 2023 and 150,000 vehicles in 2024

– Operating expense decreased by 3.7% from Q3 2022

Here are some risks of investing in Rivian stock based on web sources:

– Rivian is still unprofitable and has negative free cash flow, which means it may need to raise more capital or debt to fund its operations and growth plans
– Rivian faces intense competition from other electric vehicle makers, such as Tesla, Ford, GM, Lucid and others, which may affect its market share, pricing power and customer loyalty
– Rivian may experience production delays, quality issues, recalls or regulatory hurdles that could hurt its reputation, sales and profitability
– Rivian’s valuation is based on high expectations of future growth and innovation, which may not materialize or be sustainable in the long term
– Rivian’s stock price is volatile and influenced by market sentiment, investor behavior and macroeconomic factors that are beyond its control

According to one source, Rivian posted a net loss of $1.7 billion in Q4 2022, which was a decrease from $2.4 billion in Q4 2021 and about the same as Q3 2022.
Rivian ended the quarter with over $12 billion in cash and cash equivalents.

(1) . https://bing.com/search?q=RIVN+Q4+2022+earning+report
(2) Rivian (RIVN) Q4 2022 earnings results – revenue miss, sees 50K deliveries in 2023. https://electrek.co/2023/02/28/rivian-rivn-q4-and-full-year-2022-earnings-results/
(3) Rivian reports mixed earnings, sets dramatic goals for 2023. https://www.teslarati.com/rivian-rivn-q4-earnings-2022/
(4) Rivian (RIVN) Full Year and Q4 2022 Earnings Results. https://www.evehiclesmart.com/updates/rivian-full-year-and-q4-2022-earnings-results/
(5) RIVN Stock: Exercise Caution Ahead of Earnings | InvestorPlace. https://investorplace.com/market360/2023/02/rivn-stock-exercise-caution-ahead-of-earnings/
(6) 1 Good Sign for Rivian in 2023, and 1 Red Flag | The Motley Fool. https://www.fool.com/investing/2023/01/21/1-good-sign-for-rivian-in-2023-and-1-red-flag/
(7) Rivian (RIVN) Q4 and full year 2022 earnings preview: The moment of truth. https://electrek.co/2023/02/27/rivian-rivn-q4-and-full-year-2022-earnings-preview/
(8) Rivian posts mixed fourth quarter and underwhelming EV production outlook, stock falls. https://www.msn.com/en-us/money/companies/rivian-posts-mixed-fourth-quarter-and-underwhelming-ev-production-outlook-stock-falls/ar-AA183Hls
(9) Can Rivian Stock Recover To $50 In 2023? (NASDAQ:RIVN). https://seekingalpha.com/article/4581155-can-rivian-stock-recover-to-50-in-2023
(10) Rivian Automotive (RIVN) Reports Q4 Loss, Lags Revenue Estimates. https://finance.yahoo.com/news/rivian-automotive-rivn-reports-q4-012501077.html
(11) Where Will Rivian Be in 5 Years? | The Motley Fool. https://www.fool.com/investing/2021/12/12/where-will-rivian-be-in-5-years/
(12) High Costs to Mar Rivian (RIVN) Q4 Earnings Despite Sales Growth. https://finance.yahoo.com/news/high-costs-mar-rivian-rivn-131901802.html