Lucid Group, Inc. (LCID)
| Market Cap | 9.64B |
| Revenue (ttm) | 695.83M |
| Net Income (ttm) | -2.65B |
| Shares Out | 2.29B |
| EPS (ttm) | -1.53 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 36,869,506 |
| Open | 4.27 |
| Previous Close | 4.26 |
| Day's Range | 4.13 - 4.28 |
| 52-Week Range | 3.62 - 17.81 |
| Beta | 1.11 |
| Analysts | Hold |
| Price Target | 6.41 (+52.26%) |
| Earnings Date | Feb 21, 2024 |
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 12 analysts, the average rating for LCID stock is "Hold." The 12-month stock price forecast is $6.41, which is an increase of 52.26% from the latest price.
News
Lucid stock: Why one strategist is steering clear
It's a tale of fossil fuels versus electric vehicles in the latest edition of Good Buy or Goodbye, featuring Robert Schein, Chief Investment Officer at Blanke Schein Wealth Management. Schein is buyin...
BEVs are out, hybrids are in; here's where to invest
The BEV battery electric vehicle market isn't extinct or even dying. Still, several developments suggest that it has matured quicker than expected, demand is less than forecast, and the hybrid vehicle...
3 Charts For Investors to Watch Friday: Lucid, Foot Locker, QYLD ETF
Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to monitor.
Lucid has assembled near 800 cars in Saudi plant, focused on training -VP
Lucid Group has assembled almost 800 cars in its Saudi Arabian factory since its opening, with its main focus on training more than 200 local employees, the EV maker's Middle East managing director sa...
Lucid CFO just stepped down: here's what it means for the stock
Shares of Lucid Group Inc (NASDAQ: LCID) tanked about 10% this morning after the EV maker said Sherry House has decided to step down as its Chief Financial Officer. Gagan Dhingra named the new CFO of ...
Lucid Stock Falls After Key Management Executive Departs
Chief Financial Officer Sherry House is leaving the electric-vehicle start-up to pursue other opportunities.
Lucid CFO resigns: Impact on stock, company outlook
Lucid Group (LCID) shares dropped in after-hours trading after the company announced its CFO Sherry House is resigning, effective immediately. Yahoo Finance's Pras Subramanian discusses the news and s...
Lucid CFO bounces after Gravity SUV debut
Lucid's chief financial officer Sherry House is leaving the company to “pursue other opportunities,” the automaker told investors on Monday. The news comes less than a month after Lucid debuted its lu...
Lucid's stock drops 4% after CFO departure
Shares of Lucid Group Inc. LCID, -2.54% fell 4% in the extended session Monday after the EV maker said that Chief Financial Officer Sherry House has resigned, effective immediately, “to pursue other o...
Lucid Announces Departure of Chief Financial Officer Sherry House
NEWARK, Calif. , Dec. 11, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), today announced Sherry House, Chief Financial Officer (CFO) of Lucid Group, Inc. ("Lucid" or the "Company"), informed t...
Lucid Shares Fall 3% After It's Dropped from Nasdaq 100
Lucid Group (LCID) shares took a dive in Monday trading after news that the electric vehicle (EV) company would be delisted from the Nasdaq 100 Index. Shares of LCID will remain on the Nasdaq 100 unti...
Buy Rivian Stock, not Lucid, Says Analyst. Both Are Rising, Anyway.
Stifel analyst Stephen Gengaro launched coverage of electric-vehicle makers Rivian and Lucid at Buy and Hold, respectively. The analyst had upbeat comments for the EV sector in general.
Opera Launches Updated Lucid Mode and Sunrise-Emulating Wallpapers to Help Users Ward Off Seasonal Sadness
OSLO, Norway , Dec. 6, 2023 /PRNewswire/ -- Winter has descended upon the Northern Hemisphere, including the headquarters of Opera in Oslo. Further north, polar night kicks off this evening in Narvik,...
Lucid Air Pure Named to Car and Driver's 10Best List in its First Year of Eligibility
Sporty and stylish, the Lucid Air Pure RWD boasts an exceptional combination of range, driver-oriented performance, and innovative design. The Lucid Air Pure RWD is available for order immediately at ...
Lucid Air Model Line Updates Offer Customers More Freedom with the Power of Choice and Greater Flexibility
The Air lineup now consists of four models: Air Pure, recently added to Car and Driver's esteemed 10Best List, with an EPA-estimated range of 419 miles+, from $77,400 ++. Air Touring adds all-wheel dr...
MULN, FSR, LCID, FFIE stocks melt after dire warning by dealers
Electric vehicle stocks have come under intense pressure in the past few months and the trend could continue. Mullen Automotive (MULN) stock price plunged to a record low of $0.1581 on Wednesday, 99% ...
MyDirectives® and Beyond Lucid Technologies Join Forces to Deliver Patient Advance Healthcare Decisions to First Responders
DALLAS & DANVILLE, Calif.--(BUSINESS WIRE)--MyDirectives and Beyond Lucid to provide first responders with patient advance healthcare decisions documents in real time.
Lucid's stock catches a downgrade as Needham frets about demand
Needham analyst Chris Pierce is “quite enthusiastic” about Lucid Group Inc.'s recently teased Gravity sport utility vehicle, but he isn't sure that excitement will translate to stock gains.
Lucid Stock Falls After Rating Cut. Why EV Start-Ups Continue to Struggle.
Needham analyst Chris Pierce bumped his rating on the shares to Hold from Buy Monday.
A hybrid just won ‘vehicle of the year.' Here's why the EV case has been hard to crack.
The 2024 Toyota Prius just won a “car of the year” award, but that may say more about the state of EV adoption than about the Prius, a hybrid that has been around for more than two decades in several ...
EV startup Lucid enters lucrative SUV market with $80,000 Gravity
Lucid , known for its flagship Air luxury electric sedan, unveiled the much-awaited Gravity sport utility vehicle on Thursday, driving the startup into a lucrative section of the U.S. auto industry am...
Introducing the Lucid Gravity: Redefining the Electric SUV
The new Lucid Gravity heralds the dawn of a new era for electric Sport Utility Vehicles: an unprecedented combination of attributes previously unseen in a single vehicle and a projected range in exces...
Lucid stock price has crashed: Is this endless money pit a buy?
Lucid Group (NASDAQ: LCID) stock price has plunged to a record low as investors avoid the endless money pit. The shares have moved from an all-time high of $65 in February 2021 into a penny stock trad...
Options Action: Traders feeling bullish toward Lucid
Mike Khouw, Optimize Advisors president, joins CNBC's Melissa Lee and the Options Action traders to talk Lucid.