Lucid Group, Inc. (LCID)

Market Cap	6.34B
Revenue (ttm)	618.58M
Net Income (ttm)	-2.73B
Shares Out	2.31B
EPS (ttm)	-1.26
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	27,050,642
Open	2.660
Previous Close	2.640
Day's Range	2.640 - 2.780
52-Week Range	2.290 - 8.370
Beta	1.07
Analysts	Hold
Price Target	3.82 (+38.91%)
Earnings Date	Aug 5, 2024

About LCID

Lucid Group, Inc. a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California. Lucid Group, Inc. operates as a subsidiary of Ayar Third Investment Company.

• Industry: Auto Manufacturers
• Sector: Consumer Discretionary
• Founded: 2007
• Employees: 6,500
• Stock Exchange: NASDAQ
• Ticker Symbol: LCID

Financial Performance

In 2023, Lucid Group's revenue was $595.27 million, a decrease of -2.12% compared to the previous year's $608.18 million. Losses were -$2.83 billion, 116.8% more than in 2022.

Analyst Forecast

According to 11 analysts, the average rating for LCID stock is "Hold." The 12-month stock price forecast is $3.82, which is an increase of 38.91% from the latest price.

Price Target

$3.82

(38.91% upside)

Analyst Consensus: Hold