RIVN
Rivian Automotive, Inc.
RIVN's outlook is improving, though it still trails on the overall score.
WING
Wingstop Inc.
WING has the edge over RIVN overall, supported by stronger valuation and stronger fundamentals.
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.
WING Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Weak |
WING's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is weak.
RIVN PE Valuation
RIVN has no meaningful PE right now: it lost money over the past year.
WING PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 35x | $159 | — |
| Current | 37x | $159 | — |
| Cheap | 45x | $192 | +20% |
| Fair | 104x | $445 | +180% |
| Expensive | 156x | $670 | +321% |
Historical ranges are pointers, not guarantees.
WING's PE is in its cheap range at 37x. If earnings grow as analysts expect, today's price would be 35x next year's earnings.
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.
WING Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for WING, with profitability improving. 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.
WING Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.59 | +7.1% |
| Q3 2026 | $4.29 | -30% |
| Q2 2026 | $4.24 | -29% |
| Q1 2026 | $4.05 | -32% |
| Q4 2025 | $6.21 | +68% |
| Q3 2025 | $6.13 | +79% |
| Q2 2025 | $5.99 | +87% |
| Q1 2025 | $5.96 | +112% |
| Q4 2024 | $3.70 | +57% |
WING 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's revenue is growing: $2.2B last quarter, up 38% from the same quarter a year ago.
| 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.
WING Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $185.1M | +5.3% |
| Q2 2026 | $185.6M | +6.4% |
| Q1 2026 | $183.7M | +7.4% |
| Q4 2025 | $175.7M | +8.6% |
| Q3 2025 | $175.7M | +8.1% |
| Q2 2025 | $174.3M | +12% |
| Q1 2025 | $171.1M | +17% |
| Q4 2024 | $161.8M | +27% |
WING's revenue has grown year over year every quarter since late 2020: $185M last quarter, up 5.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 27% | -0.5 points |
| Q2 2026 | 29% | +3.5 points |
| Q1 2026 | 27% | +5.1 points |
| Q4 2025 | 27% | +0.8 points |
| Q3 2025 | 28% | +3.4 points |
| Q2 2025 | 26% | -0.5 points |
| Q1 2025 | 22% | -6.9 points |
| Q4 2024 | 26% | +2.4 points |
WING 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 burned cash in almost every quarter: −$4.2B over the past year, against −$489M the year before.
WING Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $49.7M | -19% |
| Q2 2026 | -$11.3M | -$3.5M |
| Q1 2026 | $43.7M | +153% |
| Q4 2025 | $34.5M | +$43.1M |
| Q3 2025 | $61.7M | +12% |
| Q2 2025 | -$7.8M | -130% |
| Q1 2025 | $17.3M | -48% |
| Q4 2024 | -$8.6M | -134% |
WING has the edge over RIVN on cash generation, producing positive trailing cash flow while its opponent burns cash.
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 | — |
WING Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -115K shares |
| 1 year | -3.1% | -854K shares |
| 3 years | -9% | -2.7M shares |
| 5 years | -9.4% | -2.8M shares |
| Available history | -8.7% | -2.6M shares |
WING has the edge over RIVN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $25.2M |
| Q2 2026 | — |
| Q1 2026 | $78.5M |
| Q4 2025 | $61.1M |
| Q3 2025 | $40M |
| Q2 2025 | — |
| Q1 2025 | $120.8M |
| Q4 2024 | $250.5M |
WING spent $165M buying back its own shares over the past year, down 60% from the year before.
RIVN Net Leverage
RIVN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
WING Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.8x | High |
| Q2 2026 | 4.8x | High |
| Q1 2026 | 5.0x | High |
| Q4 2025 | 5.0x | High |
| Q3 2025 | 4.9x | High |
| Q2 2025 | 5.2x | High |
| Q1 2025 | 5.2x | High |
| Q4 2024 | 4.8x | High |
WING's net debt is about 4.8 years of its operating earnings (EBITDA), about the same as a year ago.
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).
WING Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 87.0 | Overbought |
WING's weekly RSI is 55 (neutral) and its Stochastic is 87 (overbought).
RIVN PE vs Consumer Cyclical Sector
RIVN has no meaningful PE right now: it lost money over the past year.
WING PE vs Consumer Cyclical Sector
| Metric | WING | Sector median | Relative |
|---|---|---|---|
| PE | 37x | 18x | 106% above |
| PE % | 8 | 47 | 39 pts below |
WING is trading at 37x earnings, a 106% premium to the Consumer Cyclical sector's median of 18x.
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.
WING Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $131.5 | 21% above |
| 20 week MA | $129.6 | 23% above |
| 50 week MA | $175.9 | 9.5% below |
| 100 week MA | $228.6 | 30% below |
| 200 week MA | $251.2 | 37% below |
WING 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.
WING Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $86.2 | $140.8 | +63% |
| 2021 | $140.8 | $173.0 | +23% |
| 2022 | $173.0 | $145.7 | -16% |
| 2023 | $145.7 | $256.6 | +76% |
| 2024 | $256.6 | $285.4 | +11% |
| 2025 | $285.4 | $256.2 | -10% |
| 2026 YTD | $256.2 | $159.3 | -38% |
WING has the edge over RIVN on returns for 2026, with the stronger performance.