Rivian's stock price surged after hours, with delivery expectations for 2026 exceeding market expectations.

Electric vehicle maker Rivian announced its expected delivery range for 2026, with the value higher than analysts' estimates, with vehicle deliveries expected to be between 62,000 and 67,000 units. The company's stock price surged 13% after hours. The company also stated that the highly anticipated mid-size SUV model will begin deliveries in the second quarter. Fourth quarter revenue was $1.29 billion, a 26% decrease year-over-year, below the expected $1.26 billion. Adjusted earnings per share were a loss of 54 cents, lower than the expected loss of 69 cents.