Rivian (NASDAQ:RIVN) shares are under pressure into Thursday’s open after the company narrowed its 2025 delivery guidance and announced as-expected Q3 delivery figures.
For the third quarter, the company produced 10,720 vehicles and delivered 13,201, in-line with the company’s forecast.
For 2025, Rivian (NASDAQ:RIVN) now expects to deliver 41,500 to 43,500 vehicles versus earlier guidance for 40,000 to 46,000 vehicle deliveries.
Rivian (NASDAQ:RIVN) will announce third quarter financial results after the close on November 4, expected to report an adjusted loss of $0.71 per share on $1.49B in sales.
Shares are down 2.3% in premarket trading, setting Rivian (RIVN) stock up for a sixth straight day in the red.
