IPW
iPower Inc.
IPW offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
RIVN
Rivian Automotive, Inc.
RIVN has the edge over IPW overall, supported by lower modeled downside and stronger fundamentals.
IPW Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Unavailable | |
| Strong |
IPW's balance sheet is currently strong, but its revenue and profitability are weak. There isn't enough data to rate its cash flow.
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.
IPW PE Valuation
IPW 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.
IPW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Decline | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect IPW's earnings to grow and its profitability to improve, but its revenue to decline.
RIVN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RIVN has the edge over IPW on the outlook, with more favorable revenue expectations.
IPW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3,225.00 | — |
| Q2 2026 | -$7,524.36 | -$3,377.16 |
| Q1 2026 | -$6,022.08 | -$4,985.28 |
| Q4 2025 | -$4,224.96 | -$4,224.96 |
| Q3 2025 | -$3,032.64 | -$1,218.24 |
| Q2 2025 | -$4,147.20 | -$2,851.20 |
| Q1 2025 | -$1,036.80 | +$3,421.44 |
| Q4 2024 | $0.00 | +$6,557.76 |
| Q3 2024 | -$1,814.40 | +$6,039.36 |
IPW lost $7,524.36 per share over the past year, and its loss has widened in each of the last three quarters.
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 IPW on earnings, with more consistent year-over-year improvement.
IPW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.4M | -88% |
| Q1 2026 | $3.5M | -79% |
| Q4 2025 | $7.1M | -63% |
| Q3 2025 | $12M | -37% |
| Q2 2025 | $11.5M | -41% |
| Q1 2025 | $16.6M | -29% |
| Q4 2024 | $19.1M | +14% |
| Q3 2024 | $19M | -28% |
IPW's revenue has slid since its 2023 peak: $1M last quarter, down 88% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -648% | -617 points |
| Q1 2026 | -33% | -31 points |
| Q4 2025 | -34% | -38 points |
| Q3 2025 | -14% | +0.3 points |
| Q2 2025 | -31% | -37 points |
| Q1 2025 | -1.6% | -8.5 points |
| Q4 2024 | 3.6% | +19 points |
| Q3 2024 | -14% | -9.7 points |
IPW's operating margin was −648% last quarter, down 617 points from the same quarter a year ago, near the bottom of its range since 2021.
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 IPW 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 has the edge over IPW on profitability, with a higher operating margin.
IPW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | -$333.5K | -138% |
| Q4 2025 | -$922.6K | -3428% |
| Q3 2025 | $1.7M | +$3.1M |
| Q1 2025 | $887.7K | +736% |
| Q4 2024 | $27.7K | -97% |
| Q3 2024 | -$1.4M | -135% |
| Q2 2024 | $1M | +32% |
| Q1 2024 | $106.2K | -84% |
IPW has the stronger cash trend. Its trailing FCF is up 1,037% versus its history, compared with RIVN at down 2.1%.
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.
IPW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +32% | +407 shares |
| 1 year | +39% | +469 shares |
| 3 years | +47% | +536 shares |
IPW has 1,683 diluted shares, up 39% from a year ago.
RIVN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.1% | +121M shares |
| 1 year | +19% | +226M shares |
| 3 years | +52% | +494M shares |
RIVN has the edge over IPW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | $6M |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
IPW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2024 | 0.7x | Very low |
| Q2 2022 | 4.1x | High |
| Q1 2022 | 2.1x | Moderate |
IPW's net debt is less than a year of its operating earnings (EBITDA).
RIVN Net Leverage
RIVN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
IPW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 21.5 | Oversold |
| Stochastic | 0.2 | Oversold |
IPW's weekly RSI is 22 (oversold) and its Stochastic is 0 (oversold).
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).
IPW PE vs Consumer Cyclical Sector
IPW 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.
IPW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.04 | 79% below |
| 20 week MA | $43.2 | 97% below |
| 50 week MA | $1,782.9 | 100% below |
| 100 week MA | $8,525.6 | 100% below |
| 200 week MA | $16,808.1 | 100% below |
IPW is in a downtrend: it's below all five of its weekly moving averages, and 100% 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.
IPW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $150,854.4 | $58,838.4 | -61% |
| 2022 | $58,838.4 | $9,590.4 | -84% |
| 2023 | $9,590.4 | $11,664.0 | +22% |
| 2024 | $11,664.0 | $20,995.2 | +80% |
| 2025 | $20,995.2 | $8,380.8 | -60% |
| 2026 YTD | $8,380.8 | $1.29 | -100% |
IPW has finished lower in three of the last five years. It's down 100% so far in 2026.
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 the edge over IPW on returns for 2026, with the stronger performance.