Lucid/LCID

$2.79

-3.13%
-
1D1W1MYTD1YMAX

About Lucid

Lucid Group, Inc. is a technology company. The Company is focused on designing, developing, manufacturing electric vehicles (EV), EV powertrains and battery systems in-house using its own equipment and factories. It offers its own geographically distributed retail and service locations and through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. The Lucid Air is manufactured at its greenfield EV manufacturing facility in Casa Grande, Arizona, Advanced Manufacturing Plant-1 (AMP-1). It owns and operates a vehicle service network comprised of service centers in metropolitan areas and a fleet of mobile service vehicles.

Ticker

LCID

Sector

Consumer Cyclicals

Trading on

NASDAQ

Industry

Auto & Truck Manufacturers

CEO

Peter Rawlinson

Employees

6,500

Headquarters

Newark, United States

Lucid Metrics

BasicAdvanced
$6.7B
Market cap
-
P/E ratio
-$1.26
EPS
1.08
Beta
-
Dividend rate
$6.7B
1.08354
$8.37
$2.29
28M
4.663
4.117
43.788
45.478
-33.79%
-69.52%
-38.7%
10.816
1.581
1.413
-11.62%
33.14%
430.99%

What the Analysts think about Lucid

Analyst Ratings

Majority rating from 16 analysts.
Hold

Price Targets

Average projection from 12 analysts.
8.24% upside
High $4.00
Low $1.75
$2.79
Current price
$3.02
Average price target

Lucid Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-394.2% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$173M
9.93%
Net income
-$681M
4.15%
Profit margin
-394.2%
-5.26%

Lucid Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 20.6%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
-$0.42
-$0.31
-$0.30
-$0.30
-
Expected
-$0.33
-$0.35
-$0.30
-$0.25
-$0.25
Surprise
27.56%
-11.88%
0.56%
20.6%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Lucid stock?

Lucid (LCID) has a market cap of $6.6B as of May 18, 2024.

What is the P/E ratio for Lucid stock?

The price to earnings (P/E) ratio for Lucid (LCID) stock is 0 as of May 18, 2024.

Does Lucid stock pay dividends?

No, Lucid (LCID) stock does not pay dividends to its shareholders as of May 18, 2024.

When is the next Lucid dividend payment date?

Lucid (LCID) stock does not pay dividends to its shareholders.

What is the beta indicator for Lucid?

Lucid (LCID) has a beta rating of 1.08. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Lucid stock price target?

The target price for Lucid (LCID) stock is $3.02, which is 6.34% above the current price of $2.84. This is an average based on projections from 12 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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