Rivian raises 2026 delivery forecast after stronger-than-expected quarterly results

Rivian Automotive Inc (NASDAQ:RIVN) shares roseate astir 8% pursuing the company's second-quarter accumulation and transportation update and an upward revision to its full-year outlook.

The electrical conveyance shaper said it produced 12,613 vehicles astatine its Normal, Illinois manufacturing installation during the 4th ended June 30, 2026, portion deliveries totaled 12,194 vehicles.

The transportation fig exceeded Rivian's anterior guidance scope of 9,000 to 11,000 vehicles for the period.

Rivian attributed the stronger-than-expected show to quarter-over-quarter maturation successful some its Electric Delivery Van (EDV) and R1 conveyance lines, arsenic good arsenic the instauration of archetypal R2 deliveries.

Following the results and its updated accumulation trajectory for the 2nd fractional of the year, Rivian raised its full-year 2026 transportation guidance to 65,000 to 70,000 vehicles, up from a anterior scope of 62,000 to 67,000 vehicles.