Lucid Group Inc (LCID) is an innovative electric vehicle manufacturer based in Newark, California, committed to redefining the luxury electric vehicle landscape through advanced technology and exceptional craftsmanship. The company's flagship model, the Lucid Air, is lauded for its impressive range, performance, and eco-friendly credentials, appealing to the growing consumer appetite for premium sustainable vehicles. With a strong emphasis on battery efficiency and autonomous driving capabilities, Lucid is well-positioned to leverage the burgeoning electric mobility market, bolstered by strategic partnerships and a dynamic growth strategy aimed at cementing its status as a leader in the transition to sustainable transportation. As it scales production and expands its product lineup, Lucid's commitment to quality and innovation underscores its potential for long-term value creation in a competitive industry.
| Revenue (TTM) | $1.55B |
| Gross Profit (TTM) | $-1.56B |
| EBITDA | $-3.59B |
| Operating Margin | -261.00% |
| Return on Equity | -126.00% |
| Return on Assets | -30.70% |
| Revenue/Share (TTM) | $4.59 |
| Book Value | $-2.69 |
| Price-to-Book | 3.19 |
| Price-to-Sales (TTM) | 0.76 |
| EV/Revenue | 2.73 |
| EV/EBITDA | -2.12 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 56.20% |
| Shares Outstanding | $394.07M |
| Float | $156.49M |
| % Insiders | 15.45% |
| % Institutions | 68.37% |
Volatility is currently expanding
Electric vehicle stocks are rebounding as growth names recover from the selling that followed the U.S. midterm elections. Nio (NYSE:NIO | NIO Price Prediction) stock is at $3.41, up 6%, in early trading.
The November 3 midterm elections split the electric vehicle (EV) group, lifting smaller names while weighing on the sector's largest company. Lucid Group (NASDAQ:LCID | LCID Price Prediction) shares recently changed hands at $3.38, up 12%.
Lucid Group (LCID) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Even as it cuts spending in some places, it needs to increase it in others. Lucid plans to increase vehicle service support staff by 35% this year alone.
Stronger-than-expected Q3 2026 results are lifting Rivian Automotive (NASDAQ:RIVN | RIVN Price Prediction) despite weakness in electric vehicle (EV) stocks, and its cheaper R2 SUV drove a raised outlook. Rivian stock is at $11.83, up 3% in early trading.
Lucid continues to expand its footprint in the luxury electric vehicle market with a strong strategic partnership in Saudi Arabia. Ferrari maintains high levels of profitability and strong cash flow generation through its exclusive brand and global dealer network.
Lucid Group reported a 6.7% YoY delivery decline and a 24.1% production drop in Q3 due to intentional inventory drawdown for working capital optimization. I maintain my 'Buy' rating on LCID, anticipating delivery guidance post-strategic review that could reduce market uncertainty. LCID's valuation is extremely distressed at a 0.37x forward P/S, with downside protected by ride-hailing supply deals and Saudi PIF support.
Drawing down inventory is part of a plan to target $1.4 billion in cash-flow improvements. Lucid's net inventory carrying value has ballooned during the past two years.
Lucid Group stock has been in a strong freefall this year as the company's future remains uncertain. It has dropped by 67% this year and by 82% in the last twelve months, with its market capitalization falling to $1.36 billion.
Lucid Group Inc. (NASDAQ:LCID) stock was up on Thursday, in a move that appears to reflect a technical rebound in a heavily beaten-down electric vehicle stock.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on LCID and any ticker you trade — then tracks every position and per-strategy win rate.
