RIVN (Rivian Automotive) Shares Outstanding (Basic Average): 1,249 Mil (As of Mar. 2026)


RIVN Rivian Automotive Inc RIVN
49 GF Score
Price $14.43
GF Value $14.44
Valuation Fairly Valued
! 2 Warning Signs
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What is Rivian Automotive Shares Outstanding (Basic Average)?

Rivian Automotive RIVN -3.07% 49 Shares Outstanding (Basic Average) is 1,249 Mil as of Mar. 2026. GuruFocus rates RIVN with a GF Score™ of 49/100 and a GF Value™ of $14.44 (Fairly Valued). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Rivian Automotive's average basic shares outstanding for the quarter that ended in Mar. 2026 was 1,249 Mil.


Rivian Automotive  (NAS:RIVN) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Rivian Automotive Shares Outstanding (Basic Average) Related Terms


Rivian Automotive Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Rivian Automotive's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rivian Automotive Shares Outstanding (Basic Average) Chart

Rivian Automotive Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 900.00 913.00 947.00 1,013.00 1,186.00

Rivian Automotive Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,137.00 1,155.00 1,220.00 1,231.00 1,249.00
RIVN
49GF Score
Rivian Automotive Inc RIVN
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Rivian Automotive Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 1,249 Mil mean?
Rivian Automotive (RIVN) has a Shares Outstanding (Basic Average) of 1,249 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Rivian Automotive and its competitors.
Is Rivian Automotive's Shares Outstanding (Basic Average) too high?
Rivian Automotive's current Shares Outstanding (Basic Average) is 1,249 Mil. Overall, Rivian Automotive has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rivian Automotive's Shares Outstanding (Basic Average) compare to XPEV and LI?
Rivian Automotive's Shares Outstanding (Basic Average) of 1,249 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Vehicles & Parts company?
A good Shares Outstanding (Basic Average) depends on the Vehicles & Parts industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Rivian Automotive and its competitors. Rivian Automotive's current Shares Outstanding (Basic Average) is 1,249 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rivian Automotive stock overvalued right now?
Based on GuruFocus' analysis, Rivian Automotive (RIVN) is currently considered Fairly Valued. The stock's GF Value™ is $14.44, compared to a current price of $14.43 — trading 0% below its estimated fair value. The current Shares Outstanding (Basic Average) is 1,249 Mil. Rivian Automotive's overall GF Score™ is 49/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Rivian Automotive (RIVN), the current Shares Outstanding (Basic Average) is 1,249 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rivian Automotive (RIVN) Overvalued in 2026?

Based on GuruFocus' analysis, Rivian Automotive stock appears to be undervalued. The current stock price of $14.43 is trading 0% below its estimated GF Value™ of $14.44. GuruFocus considers Rivian Automotive to be Fairly Valued.

Key valuation signals for RIVN:

  • Shares Outstanding (Basic Average): 1,249 Mil
  • GF Value™: $14.44 vs. price of $14.43 (0% below fair value)
  • GF Score™: 49/100 with 2 warning signs

No single metric tells the full story. See the RIVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rivian Automotive Business Description

Address 14600 Myford Road, Irvine, CA, USA, 92606
Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The company also develops electronic control units and related software for autos in a joint venture with Volkswagen. Rivian has multiple vehicles in its fleet, which include a luxury truck and full-size SUV and a delivery van. The company plans to begin selling a midsize SUV in 2026. Total deliveries were over 42,000 in 2025. Rivian is also developing autonomous driving software to be used in its vehicles and for robotaxis on the Uber ride-hailing network.
49GF Score

Get the complete analysis for RIVN

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.43
Price
$14.44
GF Value