BALY
Bally's Corporation
BALY offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
RIVN
Rivian Automotive, Inc.
RIVN has the edge over BALY overall, supported by lower modeled downside.
BALY Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Weak |
BALY's revenue is currently strong, but its profitability, cash flow and balance sheet are under pressure.
RIVN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
RIVN's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
BALY PE Valuation
BALY has no meaningful PE right now: it lost money over the past year.
RIVN PE Valuation
RIVN has no meaningful PE right now: it lost money over the past year.
BALY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect BALY's losses to grow, with revenue growing.
RIVN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RIVN has the edge over BALY on the outlook, with more favorable earnings and profitability expectations.
BALY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$12.64 | -$2.59 |
| Q1 2026 | -$13.99 | -$6.46 |
| Q4 2025 | -$10.73 | +$0.98 |
| Q3 2025 | -$6.65 | +$8.42 |
| Q2 2025 | -$10.05 | +$1.07 |
| Q1 2025 | -$7.53 | +$2.83 |
| Q4 2024 | -$11.71 | -$8.20 |
| Q3 2024 | -$15.07 | -$8.34 |
BALY is still losing money, but less than at its worst: $12.64 per share over the past year, against $15.07 at its worst in late 2024.
RIVN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.25 | +$0.83 |
| Q2 2026 | -$2.58 | +$0.62 |
| Q1 2026 | -$2.92 | +$0.77 |
| Q4 2025 | -$3.07 | +$1.62 |
| Q3 2025 | -$3.08 | +$2.52 |
| Q2 2025 | -$3.20 | +$2.76 |
| Q1 2025 | -$3.69 | +$2.08 |
| Q4 2024 | -$4.69 | +$1.05 |
RIVN has the edge over BALY on earnings, with more consistent year-over-year improvement.
BALY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $792.2M | +20% |
| Q1 2026 | $755.7M | +105% |
| Q4 2025 | $746.2M | +29% |
| Q3 2025 | $663.7M | +5.4% |
| Q2 2025 | $657.5M | +5.8% |
| Q1 2025 | $368.7M | -40% |
| Q4 2024 | $580.4M | -5.1% |
| Q3 2024 | $630M | -0.4% |
BALY's revenue has grown year over year for five quarters in a row: $792M last quarter, up 20% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -4.3% | -3.9 points |
| Q1 2026 | 12% | +13 points |
| Q4 2025 | -37% | -31 points |
| Q3 2025 | 0.1% | +25 points |
| Q2 2025 | -0.4% | -1.3 points |
| Q1 2025 | -0.5% | +12 points |
| Q4 2024 | -5.6% | +46 points |
| Q3 2024 | -25% | -31 points |
BALY has the edge over RIVN on profitability, with a higher operating margin.
RIVN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +38% |
| Q2 2026 | $1.7B | +27% |
| Q1 2026 | $1.4B | +11% |
| Q4 2025 | $1.3B | -26% |
| Q3 2025 | $1.6B | +78% |
| Q2 2025 | $1.3B | +13% |
| Q1 2025 | $1.2B | +3% |
| Q4 2024 | $1.7B | +32% |
RIVN has the edge over BALY on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -41% | +22 points |
| Q2 2026 | -50% | +35 points |
| Q1 2026 | -64% | -11 points |
| Q4 2025 | -65% | -27 points |
| Q3 2025 | -63% | +71 points |
| Q2 2025 | -86% | +33 points |
| Q1 2025 | -53% | +70 points |
| Q4 2024 | -38% | +82 points |
RIVN's operating margin was −41% last quarter, up 22 points from the same quarter a year ago, near the top of its range since 2021.
BALY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$156M | -$123.8M |
| Q1 2026 | -$183.9M | -1693% |
| Q4 2025 | -$18.9M | -$12.7M |
| Q3 2025 | -$139.3M | -$83.5M |
| Q2 2025 | -$32.2M | -372% |
| Q1 2025 | $11.5M | +$47.5M |
| Q4 2024 | -$6.2M | -125% |
| Q3 2024 | -$55.8M | +$36.5M |
BALY has burned cash in seven of the last eight quarters: −$498M over the past year, against −$83M the year before.
RIVN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.1B | -$703M |
| Q2 2026 | -$849M | -$451M |
| Q1 2026 | -$1.1B | -$549M |
| Q4 2025 | -$1.1B | -234% |
| Q3 2025 | -$421M | +$732M |
| Q2 2025 | -$398M | +$639M |
| Q1 2025 | -$526M | +$997M |
| Q4 2024 | $856M | +$2.3B |
RIVN has the edge over BALY on cash flow, with more consistent year-over-year improvement.
BALY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +340K shares |
| 1 year | -0.2% | -98K shares |
| 3 years | +10% | +5.5M shares |
| 5 years | +69% | +24.8M shares |
| Available history | +60% | +22.7M shares |
BALY has the edge over RIVN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $416.2M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
RIVN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.1% | +121M shares |
| 1 year | +19% | +226M shares |
| 3 years | +52% | +494M shares |
RIVN has 1.4B diluted shares, up 19% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | $6M |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
BALY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 28.0x | High |
| Q1 2026 | 24.2x | High |
| Q4 2025 | 240.2x | High |
| Q3 2025 | 15.9x | High |
| Q2 2025 | 51.6x | High |
| Q1 2025 | 40.0x | High |
| Q4 2024 | 26.0x | High |
| Q2 2024 | 39.9x | High |
BALY's net debt is more than 20 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
RIVN Net Leverage
RIVN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
BALY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.9 | Neutral |
| Stochastic | 65.0 | Neutral |
BALY's weekly RSI is 45 (neutral) and its Stochastic is 65 (neutral).
RIVN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 25.6 | Neutral |
RIVN's weekly RSI is 41 (neutral) and its Stochastic is 26 (neutral).
BALY PE vs Consumer Cyclical Sector
| Metric | BALY | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
BALY has no meaningful PE right now: it lost money over the past year.
RIVN PE vs Consumer Cyclical Sector
RIVN has no meaningful PE right now: it lost money over the past year.
BALY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.3 | 13% below |
| 20 week MA | $12.6 | 8.2% below |
| 50 week MA | $13.5 | 15% below |
| 100 week MA | $13.6 | 15% below |
| 200 week MA | $14.2 | 19% below |
BALY is in a downtrend: it's below all five of its weekly moving averages, and 19% below its 200-week average.
RIVN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.3 | 3.9% below |
| 20 week MA | $15.1 | 15% below |
| 50 week MA | $15.9 | 19% below |
| 100 week MA | $14.7 | 13% below |
| 200 week MA | $15.1 | 15% below |
RIVN is in a downtrend: it's below all five of its weekly moving averages, and 15% below its 200-week average.
BALY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.9 | $48.8 | +88% |
| 2021 | $48.8 | $37.5 | -23% |
| 2022 | $37.5 | $19.4 | -48% |
| 2023 | $19.4 | $13.9 | -28% |
| 2024 | $13.9 | $17.8 | +28% |
| 2025 | $17.8 | $17.8 | -0.4% |
| 2026 YTD | $17.8 | $11.5 | -35% |
BALY has the edge over RIVN on returns for 2026, with the stronger performance.
RIVN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $130.0 | $96.8 | -25% |
| 2022 | $96.8 | $19.1 | -80% |
| 2023 | $19.1 | $23.5 | +23% |
| 2024 | $23.5 | $13.7 | -42% |
| 2025 | $13.7 | $20.9 | +53% |
| 2026 YTD | $20.9 | $12.8 | -39% |
RIVN has finished lower in three of the last five years. It's down 39% so far in 2026.