LI
Li Auto Inc.
LI has lower modeled downside risk, despite its lower overall score.
RIVN
Rivian Automotive, Inc.
RIVN has the edge over LI overall, supported by stronger fundamentals and stronger modeled upside.
LI Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Weak | |
| Strong |
LI's balance sheet is currently strong, but its revenue, profitability and cash flow 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.
LI PE Valuation
LI 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.
LI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect LI to return to profit, with revenue growing.
RIVN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RIVN's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
LI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.69 | -162% |
| Q1 2026 | -$0.28 | -125% |
| Q4 2025 | $0.15 | -87% |
| Q3 2025 | $0.63 | -56% |
| Q2 2025 | $1.12 | -21% |
| Q1 2025 | $1.12 | -30% |
| Q4 2024 | $1.12 | -32% |
| Q3 2024 | $1.42 | +60% |
LI has swung to a loss: it lost $0.69 per share over the past year, after a profit the year before.
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 LI on earnings, with more consistent year-over-year improvement.
LI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $3.8B | -16% |
| Q1 2026 | $3.4B | -12% |
| Q4 2025 | $4.3B | -32% |
| Q3 2025 | $4.1B | -37% |
| Q2 2025 | $4.6B | -4.1% |
| Q1 2025 | $3.9B | +1.4% |
| Q4 2024 | $6.3B | +2.6% |
| Q3 2024 | $6.5B | +24% |
LI's revenue has slid since its 2024 peak: $3.8B last quarter, down 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -8.6% | -10 points |
| Q1 2026 | -13% | -14 points |
| Q4 2025 | -1.9% | -9.8 points |
| Q3 2025 | -4.7% | -12 points |
| Q2 2025 | 1.8% | +0.7 points |
| Q1 2025 | 1.1% | +4 points |
| Q4 2024 | 8% | +0.7 points |
| Q3 2024 | 7.7% | +1.1 points |
LI 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 LI 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.
LI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$195.2M | +$505.8M |
| Q1 2026 | -$1.1B | -$888.5M |
| Q4 2025 | $142.7M | -84% |
| Q3 2025 | -$952.9M | -170% |
| Q2 2025 | -$701M | -$165.9M |
| Q1 2025 | -$220.2M | +$538.4M |
| Q4 2024 | $909.3M | -59% |
| Q3 2024 | $1.4B | -32% |
LI's free cash flow was −$2.1B over the past year, against $1.3B 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 LI on cash flow, with more consistent year-over-year improvement.
LI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.7% | -6.7M shares |
| 1 year | -6% | -64.2M shares |
| 3 years | -4.4% | -46.3M shares |
| 5 years | +11% | +102M shares |
| Available history | +11% | +102M shares |
LI has the edge over RIVN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
LI hasn't bought back shares in 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 | — |
LI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | -9.2x | Net Cash |
| Q4 2025 | -6.4x | Net Cash |
| Q3 2025 | -3.7x | Net Cash |
| Q2 2025 | -2.5x | Net Cash |
| Q1 2025 | -2.9x | Net Cash |
| Q4 2024 | -4.0x | Net Cash |
| Q3 2024 | -5.2x | Net Cash |
| Q2 2024 | -5.8x | Net Cash |
LI 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.
LI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.0 | Neutral |
| Stochastic | 41.3 | Neutral |
LI's weekly RSI is 42 (neutral) and its Stochastic is 41 (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).
LI PE vs Consumer Cyclical Sector
| Metric | LI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
LI 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.
LI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $11.5 | 2% above |
| 20 week MA | $12.0 | 2.9% below |
| 50 week MA | $15.0 | 22% below |
| 100 week MA | $20.0 | 41% below |
| 200 week MA | $24.4 | 52% below |
LI 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.
LI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.0 | $29.3 | +83% |
| 2021 | $29.3 | $30.4 | +3.8% |
| 2022 | $30.4 | $18.8 | -38% |
| 2023 | $18.8 | $37.4 | +99% |
| 2024 | $37.4 | $25.5 | -32% |
| 2025 | $25.5 | $17.4 | -32% |
| 2026 YTD | $17.4 | $11.7 | -33% |
LI 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.