Lucid Group, Inc. (LCID)

Market Cap	9.24B
Revenue (ttm)	730.51M
Net Income (ttm)	-3.08B
Shares Out	3.01B
EPS (ttm)	-1.34
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	66,462,319
Open	3.130
Previous Close	3.080
Day's Range	3.060 - 3.230
52-Week Range	1.930 - 4.430
Beta	0.95
Analysts	Hold
Price Target	3.18 (+3.58%)
Earnings Date	Feb 25, 2025

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
• Website: https://www.lucidmotors.com

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 9 analysts, the average rating for LCID stock is "Hold." The 12-month stock price forecast is $3.18, which is an increase of 3.58% from the latest price.

Price Target

$3.18

(3.58% upside)

Analyst Consensus: Hold