Rivian shares fall 5.03% intraday amid expectations of Q4 earnings miss and widening losses.

Rivian Automotive fell 5.03% intraday as anticipation of a projected $0.69-per-share loss in its February 12 earnings report weighed on sentiment, compounded by ongoing financial struggles. The company reported a $2.75 billion loss for the first nine months of 2025, with a 2% gross margin far below Tesla’s 17%, and Q4 vehicle deliveries fell 31% year-over-year. A recall of 20,000 vehicles due to a faulty repair issue further spooked investors. Additionally, CEO Robert Scaringe sold $341,147.50 in shares, signaling potential lack of confidence. While a Zacks Earnings ESP of +4.07% suggested a likely earnings beat, the market focused on near-term challenges, including weak demand, production hurdles, and competition. The decline reflects investor concerns over profitability, operational risks.