Lucid Group, Inc. (LCID)
Market Cap | 11.66B |
Revenue (ttm) | 753.48M |
Net Income (ttm) | -2.55B |
Shares Out | 2.28B |
EPS (ttm) | -1.65 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 570,050 |
Open | 5.25 |
Previous Close | 5.17 |
Day's Range | 5.07 - 5.33 |
52-Week Range | 5.07 - 17.81 |
Beta | 1.00 |
Analysts | Hold |
Price Target | 8.15 (+59.49%) |
Earnings Date | Nov 7, 2023 |
About LCID
Lucid Group, Inc. a technology and automotive company, engages in electric vehicle technologies business. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. 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 2022, Lucid Group's revenue was $608.18 million, an increase of 2143.30% compared to the previous year's $27.11 million. Losses were -$1.30 billion, -72.52% less than in 2021.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for LCID stock is "Hold." The 12-month stock price forecast is $8.15, which is an increase of 59.49% from the latest price.
News

AI predicts Lucid stock price for October 1, 2023
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Lucid Stock May Have Some Hidden Value and a Way to Unlock It, Analyst Says.
RBC analyst Tom Narayan launched coverage of Lucid, Friday. He rates the stock Hold and has a $6 price target for the shares.

Tesla and BYD Are Winning in China. Why Lucid Is Taking Its Time to Join the Race.
BYD is the market leader in China, followed by Tesla, in what has become a two-horse race.

EV maker Lucid is ‘exploring' China expansion: report
Electric-vehicle maker Lucid Group Inc. is “exploring” selling its cars in China, CNBC reported late Wednesday, though there is no timeline yet.

U.S. electric carmaker Lucid is exploring China entry; confirms mass market models ahead
Lucid is exploring selling its cars in China but has no timeline for when it will enter the world's largest electric car market, a top executive told CNBC.

Lucid has top-notch tech, but Baird says some issues remain challenging
Lucid Group Inc. has top-notch technology but faces a “challenging near-term setup,” according to a Baird analyst.

EV Stock Lucid Picks Up a New Rating. It Isn't a Buy.
Baird analyst Ben Kallo launched coverage of Lucid stock with a Hold rating and $7 price target. He sees “a challenging near-term setup” for the maker of luxury electric vehicles.

Elon Musk jabs at Lucid after its CEO raked in $379 million of total compensation last year
Elon Musk took aim at Lucid Motors over its executive compensation in a X post on Monday. The Tesla CEO trumpeted performance-based pay after Lucid's CEO received $379 million last year.

Lucid stock price prediction for September after 17% crash in August
After reaching one of their highest 2023 points in mid-July, Lucid‘s shares (NASDAQ: LCID) have undergone a significant downturn, resulting in the loss of a substantial portion of their earlier gains.
Lucid CEO discusses return to original pricing and all electr Gravity SUV
EV maker Lucid (LCID) is prepping to unveil its new electric Gravity SUV. Yahoo Finance's Pras Subramanian catches up with Lucid CEO Peter Rawlinson at the 2023 Pebble Beach Concours d'Elegance, discu...

Giant Fund Buys Stock in Three EV Players, Sells One
Calstrs, the second-largest U.S. pension, bought Rivian, Nikola, and Lucid Group shares, and sold Workhorse stock in the second quarter.

Wall Street sets Lucid stock price for the next 12 months
Lucid stock (NASDAQ: LCID) is trading near all-time lows at around $6 per share after peaking at $58 in November of last year.

The Next Meme Stock: 6 Tickers Leading a Meme Stock Revival
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3-Stock Lunch: DHI, DFS, LCID
David Trainer, New Constructs CEO, joins ‘Power Lunch' to discuss three stocks: D.R. Horton Inc,, Discover Financial and Lucid.

Buy Rivian Stock, Sell Lucid, Says Broker. Both Stocks Are Down.
Electric-vehicle makers Lucid Group and Rivian have similar market values. That doesn't make a lot of sense for European firm Exane BNP Paribas.

Rivian, Lucid and XPeng make the list of 20 EV companies expected to grow sales most quickly through 2025
This is the second of two Deep Dive articles screening EV-related stocks. The first screen was based on analysts' ratings and consensus price targets.

HotelPlanner Adds Lucid Travel to its Family of Brands
HotelPlanner's latest acquisition expands the company's reach in sports team travel, event housing, and college & university travel HotelPlanner's latest acquisition expands the company's reach in spo...
Lucid stock rises despite earnings miss, unveils Air Sapphire: Trending Ticker
EV manufacturer Lucid Group (LCID) is seeing its stock pop despite reporting an earnings miss and falling short of EV deliveries. The EV maker unveiled its final specs and design for its Air Sapphire ...
Paramount Global, Lucid Group, Beyond Meat, Chegg: After-hours movers August 8, 2023
Paramount Global (PARA) reported second-quarter results that beat Wall Street estimates. Lucid Group (LCID) reaffirmed its production goals for the year with the company believing that it will produce...

EV startup Lucid is losing over $500,000 for every car it sells
Lucid's second quarter earnings fell short of expectations after per-vehicle losses went viral. 2023 is a make-or-break year for startups like Lucid.
Lucid Motors ($LCID) Releases Final Production Specs for Worlds First Luxury Sports Sedan EV
Lucid Motors (NASDAQ: LCID), a leading luxury electric vehicle manufacturer, has unveiled the final specs of the Lucid Air Sapphire, which achieves an impressive 427-mile range on a single charge, set...

Lucid Group Just Found A New Reason To Rally
Lucid Group NASDAQ: LCID investors received a majorly awaited update to start the trading week as the company released its second quarter 2023 earnings results, an event that sent the stock higher by ...

Lucid Announces Final Production Specifications for the Lucid Air Sapphire: The World's First Luxury Electric Super-Sports Sedan
The Lucid Air Sapphire is the world's first fully electric luxury super-sports sedan, achieving 0-60 mph in 1.89 seconds, 0-100 mph in 3.84 seconds, and the quarter mile in 8.95 seconds, with a top sp...