BKE
The Buckle, Inc.
BKE has a slight edge over RIVN overall, supported by lower modeled downside and stronger fundamentals.
RIVN
Rivian Automotive, Inc.
RIVN offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
BKE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
BKE's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
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.
BKE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.1x | $30.61 | -30% |
| Fair | 9.8x | $42.53 | -3.2% |
| Current | 10x | $43.94 | — |
| Forward | 11x | $43.94 | — |
| Expensive | 13x | $56.38 | +28% |
Historical ranges are pointers, not guarantees.
BKE's PE is in its fair range at 10x. On analysts' estimates for next year's earnings, today's price would be 11x.
RIVN PE Valuation
RIVN has no meaningful PE right now: it lost money over the past year.
BKE Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Stable | |
| Growth | |
| Weakening | |
| Limited | |
| High |
Analysts expect BKE's revenue to grow, but its profitability to weaken.
RIVN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RIVN has the edge over BKE on the outlook, with more favorable earnings and profitability expectations.
BKE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.10 | -5.4% |
| Q3 2026 | $4.34 | +8.2% |
| Q2 2026 | $4.36 | +12% |
| Q1 2026 | $4.14 | +6.4% |
| Q4 2025 | $4.09 | +4.1% |
| Q3 2025 | $4.01 | -2% |
| Q2 2025 | $3.90 | -7.8% |
| Q1 2025 | $3.89 | -12% |
| Q4 2024 | $3.93 | -14% |
BKE has the edge over RIVN on earnings quality, reporting a profit while its opponent remains loss making.
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 is still losing money, but far less than before: $2.25 per share over the past year, against $7.40 at its worst in late 2022.
BKE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $319.8M | +4.6% |
| Q2 2026 | $288.7M | +6.1% |
| Q1 2026 | $399.1M | +5.3% |
| Q4 2025 | $320.8M | +9.3% |
| Q3 2025 | $305.7M | +8.3% |
| Q2 2025 | $272.1M | +3.7% |
| Q1 2025 | $379.2M | -0.8% |
| Q4 2024 | $293.6M | -3.2% |
BKE's revenue has grown year over year for six quarters in a row: $320M last quarter, up 4.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 17% | -1 points |
| Q2 2026 | 21% | +4.6 points |
| Q1 2026 | 25% | -0.2 points |
| Q4 2025 | 19% | +0.4 points |
| Q3 2025 | 18% | +1.3 points |
| Q2 2025 | 16% | -0.1 points |
| Q1 2025 | 25% | +0.1 points |
| Q4 2024 | 19% | -2.6 points |
BKE 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 BKE 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.
BKE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $16.9M | -64% |
| Q2 2026 | $34.7M | +77% |
| Q1 2026 | $101.4M | -8.6% |
| Q4 2025 | $38.4M | +14% |
| Q3 2025 | $46.4M | +28% |
| Q2 2025 | $19.6M | +2.7% |
| Q1 2025 | $111M | +11% |
| Q4 2024 | $33.6M | -37% |
BKE has the edge over RIVN on cash generation, producing positive trailing cash flow while its opponent burns cash.
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 burned cash in almost every quarter: −$4.2B over the past year, against −$489M the year before.
BKE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +11K shares |
| 1 year | +0.8% | +380K shares |
| 3 years | +2.3% | +1.1M shares |
| 5 years | +3.4% | +1.7M shares |
| Available history | +4.5% | +2.2M shares |
BKE has the edge over RIVN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | $372,000 |
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 | — |
BKE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.9x | Net Cash |
| Q2 2026 | -0.9x | Net Cash |
| Q1 2026 | -0.9x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -1.1x | Net Cash |
| Q2 2025 | -1.0x | Net Cash |
| Q1 2025 | -1.0x | Net Cash |
| Q4 2024 | -1.1x | Net Cash |
BKE has more cash than debt.
RIVN Net Leverage
RIVN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
BKE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 53.3 | Neutral |
BKE's weekly RSI is 47 (neutral) and its Stochastic is 53 (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).
BKE PE vs Consumer Cyclical Sector
| Metric | BKE | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 18x | 44% below |
| PE % | 55 | 47 | 8 pts above |
BKE is trading at 10x earnings, a 44% discount to the Consumer Cyclical sector's median of 18x.
RIVN PE vs Consumer Cyclical Sector
RIVN has no meaningful PE right now: it lost money over the past year.
BKE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $44.3 | 0.9% below |
| 20 week MA | $43.5 | 1.1% above |
| 50 week MA | $48.2 | 8.9% below |
| 100 week MA | $48.0 | 8.4% below |
| 200 week MA | $43.4 | 1.3% above |
BKE has the edge over RIVN on trend strength, trading above more of its moving averages.
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.
BKE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $26.7 | $30.1 | +13% |
| 2021 | $30.1 | $40.9 | +36% |
| 2022 | $40.9 | $45.2 | +11% |
| 2023 | $45.2 | $47.5 | +5.1% |
| 2024 | $47.5 | $51.5 | +8.4% |
| 2025 | $51.5 | $54.3 | +5.4% |
| 2026 YTD | $54.3 | $43.9 | -19% |
BKE 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.