Lucid Group, Inc. (LCID)
Market Cap | 7.29B |
Revenue (ttm) | 807.83M |
Net Income (ttm) | -3.06B |
Shares Out | 3.03B |
EPS (ttm) | -1.25 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 38,328,896 |
Open | 2.460 |
Previous Close | 2.470 |
Day's Range | 2.400 - 2.515 |
52-Week Range | 1.930 - 4.430 |
Beta | 0.98 |
Analysts | Hold |
Price Target | 2.99 (+24.32%) |
Earnings Date | May 5, 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. The company is headquartered in Newark, California. Lucid Group, Inc. is a subsidiary of Ayar Third Investment Company. [Read more]
Financial Performance
In 2024, Lucid Group's revenue was $807.83 million, an increase of 35.71% compared to the previous year's $595.27 million. Losses were -$3.06 billion, 8.24% more than in 2023.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for LCID stock is "Hold." The 12-month stock price forecast is $2.99, which is an increase of 24.32% from the latest price.
News

Market sell-off drags Dow, S&P 500 down; Tesla, Google dip and Lucid surges
After two straight trading days of gains, US stocks fell on Tuesday as the sell-off resumed once again. At the time of writing, the Dow Jones Industrial Average was down 0.5%, while the S&P 500 index...

Lucid is looking for a new CEO. Why that may be a good thing.
Change afoot at Lucid might be a chance to play a bigger role in EVs and AI.

Lucid Q4: CEO Resigns And Cash Burn Increases
Lucid's Q4 results showed better-than-expected revenue growth and a smaller-than-expected loss, but cash burn worsened. With a forecast of 20,000 units for 2025, Lucid's long-term ambitions remain unm...

Lucid Group: Add To Your Watchlist After Recent Sharp Drop (Upgrade)
Lucid's stock dropped over 10% despite a strong Q4 due to CEO Peter Rawlinson's departure, raising concerns about future development delays. Lucid reported a 79% y/y increase in vehicle deliveries and...

Lucid: Likely Fairly Valued
Lucid Group beat Q4 estimates on the top and bottom line. Despite 71% annual delivery growth in FY 2024 and the launch of the Lucid Gravity SUV, Lucid's absolute delivery volume remains low compared t...

After abrupt departure of Lucid CEO, here are the EV maker's top priorities
Shares of electric vehicle maker Lucid Group were down more than 10% Wednesday following a downgrade of the company's stock by Bank of America and the abrupt departure of CEO Peter Rawlinson. The comp...

Lucid Stock Falls On Q4 Results, CEO Exit: Analysts See 'Surge In Demand' For Gravity SUV
Lucid Group Inc LCID analysts highlight the strengths and weaknesses of the EV company after announcing a CEO transition and fourth-quarter financial results.

At Lucid, key-person risk is a ‘reality' investors have yet to understand
The departure of Lucid CEO Peter Rawlinson is a blow to the EV maker that the market has yet to understand, one analyst said.

Lucid Group, Inc. (LCID) Q4 2024 Earnings Call Transcript
Lucid Group, Inc. (NASDAQ:LCID) Q4 2024 Earnings Conference Call February 25, 2025 5:30 PM ET Corporate Participants Marc Winterhoff - Interim Chief Executive Officer Gagan Dhingra - Senior Vice Pres...

Lucid CEO steps down; EV maker plans to more than double production in 2025
Lucid said Marc Winterhoff, currently the company's chief operating officer, will step in as interim CEO.

Lucid's stock rallies as luxury EV maker narrows its loss
Shares of Lucid Group Inc. shot up 6% in after-hours trading Tuesday after the luxury EV maker narrowed its quarterly loss and announced a CEO change.

Lucid CEO to step down, transition to strategic technical advisor
Electric vehicle maker Lucid Group said on Tuesday its Chief Executive Officer Peter Rawlinson will step down from the role, sending the company's shares up 12% in extended trading.

Lucid Motors CEO Peter Rawlinson steps down
Lucid Motors is changing CEOs for the first time in nearly six years. The company announced Tuesday that Peter Rawlinson is stepping down from the CEO and CTO roles that he's held since before the com...

Lucid Announces Fourth Quarter and Full Year 2024 Financial Results
Produced 3,386 vehicles in Q4 and 9,029 vehicles in 2024, in line with the 2024 annual production guidance of 9,000 vehicles Delivered 3,099 vehicles in Q4 and 10,241 vehicles in 2024; up 79% compared...

Lucid Announces CEO Transition
Peter Rawlinson steps aside from prior roles, transitions to Strategic Technical Advisor to the Chairman, Marc Winterhoff Appointed Interim CEO NEWARK, Calif. , Feb. 25, 2025 /PRNewswire/ -- Lucid Gro...

Lucid stock forecast: LCID sends mixed signals ahead of Feb 25
Lucid Group stock price has staged a strong recovery in the past few months, helped by the recently launched Gravity vehicle and demand from bargain hunters. The LCID share price has soared by over 70...

Lucid Gravity Now Available to Configure and Order for Customers in Canada on the Lucid Motors Website
Lucid Gravity Grand Touring starts at $134,500 1 CDN and is available to order now Lucid Gravity Touring will start at $113,500 1 CDN and is planned for late 2025 Lucid Gravity delivers an expansive i...

Lucid Announces Promotion of Emad Dlala to Senior Vice President of Powertrain
NEWARK, Calif. , Feb. 13, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced that Emad Dlala has been promoted to Senior Vice ...

EV maker Lucid names Taoufiq Boussaid as CFO
Lucid Group has named veteran finance professional Taoufiq Boussaid as its chief financial officer, the electric vehicle maker said on Tuesday, more than a year after Sherry House stepped down from th...

Lucid Announces New Chief Financial Officer
NEWARK, Calif. , Jan. 28, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the appointment of Taoufiq Boussaid as Chief Fina...

Lucid Gravity: Combining 450 miles EPA Range, 400 kW Fast Charging, and Access to 20,000+ Superchargers
NEWARK, Calif. , Jan. 28, 2025 /PRNewswire/ -- Lucid Group , Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced details about the Lucid Gravity's highly innovat...

Tesla Rivals Rivian, Lucid Fall Sharply After Donald Trump Revokes Biden's EV Targets, Freezes Infra Funding: Here's What Technical Analysis Says
Shares of Rivian Automotive Inc. RIVN and Lucid Group Inc. LCID have declined sharply following President Donald Trump's announcement of significant electric vehicle policy changes. Technical analysis...

REMspace Demos Control of a Remote Control Car via Lucid Dreaming
SAN FRANCISCO--(BUSINESS WIRE)--REMspace, a neurotechnology company specializing in lucid dreaming studies, has achieved a groundbreaking milestone: participants in a recent study used lucid dreaming ...

Canadian Pricing Announced for the Highly Anticipated Lucid Gravity SUV
Lucid Gravity Touring will start at $113,500 1 CDN with Grand Touring starting at $134,500 1 CDN NEWARK, Calif. , Jan. 16, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's m...
Panasonic's Bullish Partnership with Lucid
Panasonic North America Chairwoman & CEO Megan Myungwon Lee discusses the company's relationship with EV maker Lucid after a successful past partnership with Tesla. She joins Ed Ludlow on "Bloomberg T...