Lucid Group, Inc. (LCID)
| Market Cap | 7.37B |
| 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 | 52,728,578 |
| Open | 2.510 |
| Previous Close | 2.530 |
| Day's Range | 2.420 - 2.550 |
| 52-Week Range | 1.930 - 4.430 |
| Beta | 0.89 |
| Analysts | Hold |
| Price Target | 2.99 (+23.05%) |
| Earnings Date | May 6, 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 23.05% from the latest price.
News
Lucid says it is on track to enter midsize electric SUV market next year
Lucid is on track to launch its midsize electric SUV in 2026, company executives said on Tuesday, as the EV maker looks to tap an increasingly competitive segment dominated by rival Tesla's bestsellin...
Introducing the 2026 Lucid Gravity Grand Touring: A Force of Attraction Like Nothing Else in Nature
The first SUV ever to deliver everything consumers want in a vehicle without compromise: The versatility of a full-size three-row luxury SUV, with space for adults and families to ride in comfort with...
Lucid to acquire select Arizona-based Nikola facilities and assets
California-based Lucid Group on Friday said it will acquire select Arizona-based facilities and assets previously belonging to bankrupt electric and hydrogen-powered truckmaker Nikola Corp.
Lucid to Acquire Select Facilities and Assets Previously Belonging to Nikola Corporation, Will Extend Offers to 300+ Former Nikola Employees
NEWARK, Calif. , April 11, 2025 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID), maker of the world's most advanced electric vehicles, today announced it has reached an agreement to acquire select fa...
Lucid Motors wins bankruptcy auction for Nikola's Arizona factory and other assets
EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola's Arizona factory and other assets, according a late Thursday court filing.
Lucid Group, Inc. Announces Closing of Private Offering of $1.1 Billion of Convertible Senior Notes Due 2030
$1.1B new convertible offering and repurchase of ~$1B principal of existing 1.25% convertible notes due in 2026. New issue structured efficiently with PIF support from prepaid forward share purchase,...
Stock Of The Day – Is Lucid About To Blast Off?
Trading in Lucid Group, Inc. LCID was quiet on Tuesday. But this may not be the case for long.
Final Trade: EPAC, UL, V, LCID
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Lucid Had Its Best Quarter Ever. Why the Stock Is Falling.
Lucid delivers 3,109 cars in the first quarter, the highest quarterly total in the company's history and in line with Wall Street estimates.
Lucid Group, Inc. Prices $1,000,000,000 Convertible Senior Notes Offering
NEWARK, Calif. , April 3, 2025 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID) today announced the pricing of its offering of $1,000,000,000 aggregate principal amount of 5.00% convertible senior not...
Lucid Group, Inc. Announces Proposed Convertible Senior Notes Offering
NEWARK, Calif. , April 2, 2025 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID) today announced its intention to offer, subject to market and other conditions, $1,000,000,000 aggregate principal amoun...
Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2025 Results
NEWARK, Calif. , April 2, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter en...
Tesla drivers are switching to Lucid in big numbers
Lucid Group Inc (NASDAQ: LCID) is seeing a sharp increase in orders as “negative feelings about Elon Musk” continue to make people “look for an option to not continue having a Tesla.
50% of the orders we have are from former Tesla orders, Lucid Interim CEO says
Lucid Interim CEO Marc Winterhoff discusses the company's growth and goals on 'The Claman Countdown.'
Lucid to ramp customer deliveries for Gravity SUV by end of April
Lucid Motors plans to resume customer deliveries for its new all-electric Gravity SUV at the end of April. Getting the Gravity into customer hands is a big milestone for Lucid, whose success will hing...
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.