GAP
The Gap, Inc.
GAP has the edge over RIVN overall, supported by stronger valuation and stronger fundamentals.
RIVN
Rivian Automotive, Inc.
RIVN's outlook is improving, though it still trails on the overall score.
GAP Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
GAP'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.
GAP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 6.4x | $21.25 | — |
| Forward | 8.2x | $21.25 | — |
| Cheap | 8.5x | $28.27 | +33% |
| Fair | 12x | $39.07 | +84% |
| Expensive | 29x | $96.48 | +354% |
Historical ranges are pointers, not guarantees.
GAP's PE is in its cheap range at 6.4x. On analysts' estimates for next year's earnings, today's price would be 8.2x.
RIVN PE Valuation
RIVN has no meaningful PE right now: it lost money over the past year.
GAP Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Stable | |
| Improving | |
| Moderate | |
| Low |
Analysts expect GAP's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
RIVN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RIVN has the edge over GAP on the outlook, with more favorable revenue expectations.
GAP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.60 | -22% |
| Q3 2026 | $3.33 | +43% |
| Q2 2026 | $2.52 | +9.6% |
| Q1 2026 | $2.13 | -3.2% |
| Q4 2025 | $2.23 | +3.2% |
| Q3 2025 | $2.33 | +15% |
| Q2 2025 | $2.30 | +28% |
| Q1 2025 | $2.20 | +64% |
| Q4 2024 | $2.16 | +2060% |
GAP 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.
GAP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.7B | -2% |
| Q2 2026 | $3.5B | +1% |
| Q1 2026 | $4.2B | +2.1% |
| Q4 2025 | $3.9B | +3% |
| Q3 2025 | $3.7B | +0.1% |
| Q2 2025 | $3.5B | +2.2% |
| Q1 2025 | $4.1B | -3.5% |
| Q4 2024 | $3.8B | +1.6% |
GAP's revenue fell from its 2020 peak and has held roughly level since: $3.7B last quarter, down 2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | +11 points |
| Q2 2026 | 13% | +5.2 points |
| Q1 2026 | 5.4% | -0.8 points |
| Q4 2025 | 8.5% | -0.8 points |
| Q3 2025 | 7.8% | 0 points |
| Q2 2025 | 7.5% | +1.5 points |
| Q1 2025 | 6.2% | +1.3 points |
| Q4 2024 | 9.3% | +2.6 points |
GAP 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 GAP 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.
GAP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $183M | -48% |
| Q2 2026 | $78M | +$301M |
| Q1 2026 | $543M | +8.8% |
| Q4 2025 | $153M | +7% |
| Q3 2025 | $350M | -24% |
| Q2 2025 | -$223M | -$160M |
| Q1 2025 | $499M | -12% |
| Q4 2024 | $143M | -33% |
GAP 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.
GAP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -4.2% | -16M shares |
| 1 year | -4.5% | -17M shares |
| 3 years | -2.4% | -9M shares |
| 5 years | -6.2% | -24M shares |
| Available history | -3.7% | -14M shares |
GAP has the edge over RIVN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $200M |
| Q2 2026 | $401M |
| Q1 2026 | $3M |
| Q4 2025 | — |
| Q3 2025 | $82M |
| Q2 2025 | $70M |
| Q1 2024 | — |
| Q4 2023 | — |
GAP spent $604M buying back its own shares over the past year.
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 | — |
GAP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | -0.4x | Net Cash |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | -0.3x | Net Cash |
GAP 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.
GAP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.4 | Neutral |
| Stochastic | 35.7 | Neutral |
GAP's weekly RSI is 46 (neutral) and its Stochastic is 36 (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).
GAP PE vs Consumer Cyclical Sector
| Metric | GAP | Sector median | Relative |
|---|---|---|---|
| PE | 6.4x | 18x | 65% below |
| PE % | 1 | 47 | 46 pts below |
GAP is trading at 6.4x earnings, a 65% 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.
GAP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.3 | 4.5% below |
| 20 week MA | $21.3 | 0% above |
| 50 week MA | $23.6 | 9.8% below |
| 100 week MA | $23.0 | 7.5% below |
| 200 week MA | $20.1 | 5.7% above |
GAP 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.
GAP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.8 | $20.4 | +15% |
| 2021 | $20.4 | $17.3 | -15% |
| 2022 | $17.3 | $12.1 | -30% |
| 2023 | $12.1 | $20.9 | +73% |
| 2024 | $20.9 | $24.3 | +16% |
| 2025 | $24.3 | $26.2 | +7.8% |
| 2026 YTD | $26.2 | $21.3 | -19% |
GAP 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.