Lucid Group, Inc. (LCID)
| Market Cap | 9.09B |
| 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 | 156,528,006 |
| Open | 2.590 |
| Previous Close | 2.630 |
| Day's Range | 2.580 - 3.130 |
| 52-Week Range | 1.930 - 4.490 |
| Beta | 1.09 |
| Analysts | Hold |
| Price Target | 3.30 (+9.27%) |
| Earnings Date | Feb 19, 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. [Read more]
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.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for LCID stock is "Hold." The 12-month stock price forecast is $3.3, which is an increase of 9.27% from the latest price.
News
Lucid Group to Participate in the Nasdaq 51st Investor Conference
NEWARK, Calif. , Dec. 9, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced that the company will participate in a fireside ch...
Lucid Motors completes its first Gravity SUV
The first Lucid Motors Gravity SUV has rolled off the company's production line in Casa Grande, Arizona, according to a post on X. The company will now set its aim on ramping up production of the new ...
U.S. Personal Sound Amplification Products Analysis Report 2024-2030 - Prominent Players Include Lucid Hearing, Britzgo, Sound World Solutions, MEDca Hearing, Tweak Hearing, Vivtonehearing & LifeEar
Dublin, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The "U.S. Personal Sound Amplification Products Market Size, Share & Trends Analysis Report by Product (Behind-the-Ear, In-the-Ear), Sales Channel (Online, Of...
Lucid Group: New 52-Week Lows - What Now?
Lucid Group's losses widened in 3Q24, and with the upcoming Lucid Gravity SUV, operating expenses and losses are expected to increase in 2025. The company may need to sell more stock in 2025, leading ...
Lucid Forms Cross As Gravity SUV, Earnings Show Progress
Lucid Group Inc. LCID finds itself in a precarious position as its stock forms a Death Cross —a bearish signal where the 50-day moving average ($2.94) falls below the 200-day moving average ($3.02).
Lucid Group stock plunged to $2: Could LCID crash to $1?
Lucid Group stock price tumbled to a record low last week as investors remained concerned about Donald Trump's threat to end tax credits for electric vehicles. LCID shares plunged to a low of $1.93 on...
Lucid CEO on Trump and Competing With Elon Musk
Lucid CEO Peter Rawlinson discusses the company's new all-electric Gravity SUV, what a second Trump administration means for Lucid and competing with Elon Musk's Tesla on "Bloomberg Open Interest." Si...
Lucid Group Stock: Still A Sell, Even At $2
Lucid Group, Inc.'s top-end Air Saphire model is impressive but costly, and the company struggles with massive losses and insufficient lower-end model sales. Despite beating revenue and EPS estimates,...
SCI Lease Corp and Lucid Forge Partnership to Expand Leasing for the Leading EV Brand
MARKHAM, Ontario--(BUSINESS WIRE)--In another strategic move that strengthens their portfolio, SCI Lease Corp, a leading Canadian automotive leasing company, announces a partnership with California-ba...
Lucid Group Stock: More Pain Ahead
Lucid Group, Inc. beat top and bottom-line expectations for Q3 last week and is unfortunately seeing expanding losses on an operating and net income level. The EV maker confirmed its annual production...
Lucid's Delivery Gains, New SUV Can't Shake Profit Concerns
Lucid Group Inc. LCID is betting big on its upcoming Gravity SUV to capture a broader slice of the electric vehicle (EV) market, but it's a cautious play for investors.
Lucid: Another Chance To Sell
Lucid's Q3 results highlighted ongoing struggles, with large losses and cash burn continuing to pile up. The Gravity SUV is launching this quarter, creating high revenue growth expectations for 2025. ...
Lucid Stock Jumps on New EV Model. It's Still Recovering After Trump's Win.
Lucid said its Gravity SUV is on track to start production this year. The company also said its quarterly loss–it still loses money on the cars it produces–was smaller than expected.
Lucid Group, Inc. (LCID) Q3 2024 Earnings Call Transcript
Lucid Group, Inc. (NASDAQ:LCID) Q3 2024 Results Conference Call November 7, 2024 5:30 PM ET Company Participants Maynard Um - Senior Director of Investor Relations Peter Rawlinson - Chief Executive O...
Lucid opens its order books for Gravity SUV, calling it a ‘landmark' EV
Lucid to start taking orders for its Gravity SUV and says its financial runway is wide open through 2026.
Lucid beats revenue estimates, reaffirms annual production
Lucid beat Wall Street expectations for third-quarter revenue on Thursday and reiterated its annual production forecast as it benefits from strong demand for its luxury electric sedans.
Lucid slightly tops Wall Street's third-quarter expectations amid widening losses
Electric carmaker Lucid Group slightly beat Wall Street's third-quarter expectations. The company's net loss for the third quarter widened to $992.5 million compared with a loss of $630.9 million a ye...
Lucid Announces Third Quarter 2024 Financial Results
Produced 1,805 vehicles in Q3; on track for annual production of approximately 9,000 vehicles Delivered 2,781 vehicles in Q3; up 90.9% compared to Q3 2023 Q3 revenue of $200.0 million GAAP net loss pe...
Rivian Vs. Lucid: Which EV Stock Has The Edge Ahead Of Q3 Earnings?
The electric vehicle (EV) race is heating up — but not for Rivian Automotive Inc RIVN or Lucid Group Inc LCID. Both EV companies are struggling, with their stocks down nearly 50% year-to-date.
Lucid Motors starts taking orders for its existential Gravity SUV
Lucid Motors has officially started taking orders for its electric Gravity SUV, a critically important vehicle that's supposed to go into production by the end of this year. Interested buyers can now ...
Lucid Gravity Now Available to Configure and Order on the Lucid Motors Website
Lucid Gravity Grand Touring starts at $94,900 * and is available to order now, while Lucid Gravity Touring will start at $79,900 *, with production scheduled for late 2025. Lucid Gravity delivers an e...
What Trump's White House reelection could mean for EVs
Former President Donald Trump's reelection victory is expected to send the U.S. auto industry into a period of uncertainty regarding electric vehicles. Republicans, led by the president-elect, have la...
Lucid Stock Is Rising. Saudi Arabia Completed Its Billion-Dollar Share Purchase.
Saudi Arabian investment funds completed the purchase of about $1 billion of shares of electric-vehicle maker Lucid.
Lucid stock: could the upcoming Gravity SUV be its saviour?
Lucid Group Inc (NASDAQ: LCID) expects its upcoming Gravity SUV to deliver a significant boost to sales, narrows losses, and orchestrate a stock price recovery in 2025. Customers will be able to place...
Lucid has high expectations for new Gravity SUV as customer orders set to open
Lucid Group is counting on its upcoming Gravity SUV to assist the automaker in a "significant increase" in sales volumes to narrow the company's losses, CEO Peter Rawlinson told CNBC. The Gravity is L...