RIVN
Rivian Automotive, Inc.
RIVN has the edge over SG overall, supported by stronger fundamentals and lower modeled downside.
SG
Sweetgreen, Inc.
SG offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
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.
SG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Weak | |
| Unavailable |
SG's revenue is currently stable, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
RIVN PE Valuation
RIVN has no meaningful PE right now: it lost money over the past year.
SG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 60x | $9.04 | -27% |
| Fair | 73x | $10.88 | -12% |
| Current | 83x | $12.38 | — |
| Expensive | 86x | $12.94 | +4.5% |
Historical ranges are pointers, not guarantees.
SG's PE is 83x, but its earnings don't support one, so it isn't a reliable read right now.
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.
SG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect SG's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
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.
SG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.15 | +$1.12 |
| Q2 2026 | $0.10 | +$0.94 |
| Q1 2026 | $0.12 | +$0.89 |
| Q4 2025 | -$1.14 | -$0.35 |
| Q3 2025 | -$0.97 | -$0.18 |
| Q2 2025 | -$0.84 | -$0.01 |
| Q1 2025 | -$0.77 | +$0.17 |
| Q4 2024 | -$0.79 | +$0.22 |
SG has the edge over RIVN on earnings quality, reporting a profit while its opponent remains loss making.
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 SG 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.
SG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $176M | +2.1% |
| Q2 2026 | $192.7M | +3.8% |
| Q1 2026 | $161.5M | -2.9% |
| Q4 2025 | $155.2M | -3.5% |
| Q3 2025 | $172.4M | -0.6% |
| Q2 2025 | $185.6M | +0.5% |
| Q1 2025 | $166.3M | +5.4% |
| Q4 2024 | $160.9M | +5.1% |
SG's revenue grew through 2024 and has held roughly level since: $176M last quarter, up 2.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -18% | +3 points |
| Q2 2026 | -14% | 0 points |
| Q1 2026 | -21% | -4.1 points |
| Q4 2025 | -31% | -11 points |
| Q3 2025 | -21% | -8.8 points |
| Q2 2025 | -14% | -5.5 points |
| Q1 2025 | -17% | -0.1 points |
| Q4 2024 | -20% | -0.4 points |
SG has the edge over RIVN on profitability, with a higher operating margin.
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 SG on cash flow, with more consistent year-over-year improvement.
SG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$22.1M | +$15.1M |
| Q2 2026 | -$10.6M | +$2.6M |
| Q1 2026 | -$29.6M | +$302K |
| Q4 2025 | -$39M | -$18.4M |
| Q3 2025 | -$37.2M | -$26.9M |
| Q2 2025 | -$13.1M | -$13M |
| Q1 2025 | -$29.9M | -$19.9M |
| Q4 2024 | -$20.6M | -$14.7M |
SG has burned cash in almost every quarter: −$101M over the past year, against −$101M the year before.
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 | — |
SG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +212K shares |
| 1 year | +0.7% | +828K shares |
| 3 years | +6.2% | +6.9M shares |
| 5 years | +10% | +10.9M shares |
| Available history | +10% | +10.9M shares |
SG has the edge over RIVN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
RIVN Net Leverage
RIVN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
SG Net Leverage
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).
SG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 72.3 | Overbought |
| Stochastic | 88.8 | Overbought |
SG's weekly RSI is 72 (overbought) and its Stochastic is 89 (overbought).
RIVN PE vs Consumer Cyclical Sector
RIVN has no meaningful PE right now: it lost money over the past year.
SG PE vs Consumer Cyclical Sector
| Metric | SG | Sector median | Relative |
|---|---|---|---|
| PE | 83x | 18x | 358% above |
| PE % | 78 | 56 | 22 pts above |
SG is trading at 83x earnings, a 358% premium to the Consumer Cyclical sector's median of 18x, though its earnings don't support one.
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.
SG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.3 | 20% above |
| 20 week MA | $8.29 | 49% above |
| 50 week MA | $7.50 | 65% above |
| 100 week MA | $12.2 | 1.7% above |
| 200 week MA | $15.7 | 21% below |
SG has the edge over RIVN on trend strength, trading above more of its moving averages.
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.
SG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $53.0 | $31.4 | -41% |
| 2022 | $31.4 | $8.83 | -72% |
| 2023 | $8.83 | $11.3 | +28% |
| 2024 | $11.3 | $32.4 | +186% |
| 2025 | $32.4 | $6.97 | -78% |
| 2026 YTD | $6.97 | $12.4 | +78% |
SG has the edge over RIVN on returns for 2026, with the stronger performance.