Rivian Stock Trades at $16.52 Amid Steep Decline From 2021 Peak
Rivian Automotive currently sits far below its November 2021 all-time high of $172.01, with shares experiencing a 16% drop so far in 2026. The electric vehicle manufacturer holds a $19.1 billion market cap as it navigates a highly competitive domestic auto industry.
Rivian Automotive stock currently trades at $16.52, which represents a massive drop from its all-time high of $172.01 reached in November 2021. The electric vehicle manufacturer experiences a 16.18% decline so far in 2026, continuing a pattern of extreme volatility since its initial public offering. Despite this downward trajectory, the company maintains a substantial market capitalization of $19.148 billion and generates $5.387 billion in revenue.
The stock shows significant price swings over its five-year history, with a dramatic 82.23% plunge in 2022 followed by a 27.29% recovery in 2023. Shares currently sit 37.3% below their 52-week high of $22.69 and 30% above their 52-week low of $11.57. The average stock price over the past 52 weeks rests at $15.16, indicating that the current valuation hovers slightly above its recent historical mean.
Within the domestic auto manufacturer sector, Rivian ranks fifth in market capitalization, trailing industry giants like Tesla, General Motors, PACCAR, and Ford. The Irvine-based company outpaces several smaller competitors in raw market value, including VinFast, Oshkosh, and Lucid. This positioning highlights Rivian's status as a mid-tier player in the electric vehicle space as it attempts to scale production and stabilize its share price.