Why Rivian Stock Rocketed Higher Today

By Howard Smith – Feb 13, 2026 at 10:36AM ESTKey PointsRivian reported fourth-quarter 2025 gross profit of $120 million The company expects EV deliveries to soar about 50% this year. More details on R2 pricing and options are coming March 12. We’re bullish on these 10 stocks ›NASDAQ: RIVNRivian AutomotiveMarket Cap$22BToday's Changeangle-down(26.64%) $3.73Current Price$17.73Price as of February 13, 2026 at 4:00 PM ETRivian has investors excited about 2026.Rivian Automotive (RIVN +26.64%) gave investors an update last night, and the stock is soaring on the news. Shares of the electric vehicle (EV) maker spiked 28% higher to start Friday's trading session. The company's earnings and 2026 guidance have shares holding onto a 20.5% gain as of 10:30 a.m. ET. Image source: Rivian Automotive. 2026 shipments to soar The big news from Rivian was expectations for its upcoming R2 model. It should become the company's flagship, with more affordable pricing than its luxury R1 series. While it is expected to start at about $45,000, the company will provide more details on pricing and options on March 12. The bigger picture, though, is that management plans to deliver between 62,000 and 67,000 EVs this year. That would be about a 50% improvement over the 42,247 delivered in 2025. Rivian also achieved a positive gross profit of $120 million in Q4, impressing several analysts enough to raise Rivian's stock price targets. UBS analyst Joseph Spak moved his price target to $16, while Deutsche Bank analyst Edison Yu raised his target to $23 from $16, reports Barron's. All eyes will be on the new R2 vehicle. The company is on track to begin customer deliveries in the second quarter of 2026. By the end of next year, CEO R.J. Scaringe told CNBC yesterday he expects the R2 will make up the "majority" of Rivian's volume. ExpandNASDAQ: RIVNRivian AutomotiveToday's Change(26.64%) $3.73Current Price$17.73Key Data PointsMarket Cap$22BDay's Range$16.40 - $18.4852wk Range$10.36 - $22.69Volume128MAvg Vol39MGross Margin-276.59% Investors are getting excited to see the next chapter in Rivian's growth. Expectations are high, but the company and its stock are off to a good start in 2026. Read NextFeb 13, 2026 •By Howard SmithStock Market Today, Feb. 13: Rivian Automotive Surges After Q4 Results Beat ExpectationsFeb 13, 2026 •By Reuben Gregg Brewer2 Predictions for Rivian in 2026Feb 12, 2026 •By Will EbiefungWhere Will Rivian Stock Be in 5 Years?Feb 9, 2026 •By Ryan Vanzo2 Reasons to Buy Rivian Stock After the 33% PlungeFeb 7, 2026 •By Reuben Gregg BrewerFord and Rivian Announce Big Developments -- but Are They Buys Now?​Feb 7, 2026 •By Reuben Gregg BrewerIs This Once-Hyped EV Stock Finally Worth Considering?About the AuthorHoward Smith is a contributing Motley Fool stock market analyst covering technology and industrial stocks. Prior to The Motley Fool, Howard spent nearly 30 years supervising quality and operations in the steel industry, mostly with leading steel company Nucor. He holds a bachelor’s degree in metallurgical engineering from Lafayette College and a master’s degree in environmental engineering from Johns Hopkins University.TMFBuilt2LastStocks MentionedRivian AutomotiveNASDAQ: RIVN$17.73 (+26.64%) $+3.73Deutsche Bank AktiengesellschaftNYSE: DB$35.24 (3.90%) $1.43UBSNYSE: UBS$41.97 (0.69%) $0.29*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.