Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Lucid Group (LCID)
NASDAQ:LCID
Holding LCID?
Track your performance easily
LCID Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.29 - $5.70
Previous Close$3.78
Volume38.79M
Average Volume (3M)37.04M
Market Cap
$8.77B
Enterprise Value$7.63B
Total Cash (Recent Filing)$3.22B
Total Debt (Recent Filing)$2.08B
Price to Earnings (P/E)―
Beta2.36
Next Earnings
Nov 05, 2024EPS Estimate
-$0.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.20
Shares Outstanding2,318,876,700
10 Day Avg. Volume32,646,318
30 Day Avg. Volume37,041,021
Standard Deviation0.23
R-Squared0.11
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)2.47
Price to Sales (P/S)13.08
Price to Cash Flow (P/CF)-4.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.42
Enterprise Value/Gross Profit-5.69
Enterprise Value/Ebitda-6.65
Forecast
1Y Price Target
$2.94Price Target Upside-19.23% Downside
Rating ConsensusHold
Number of Analyst Covering10
Lucid Group News
PremiumCompany Announcements
Lucid Group Showcases Gravity SUV in Technology Day EventBulls Say, Bears Say
Bulls Say
Financial PerformanceLucid exited 2Q24 with $4.28 billion in liquidity and announced an additional $1.5 billion investment from an affiliate of the Saudi-backed PIF.
Product DevelopmentThe pivotal Lucid Gravity SUV is on track to begin production by late 2024, with management noting its potential addressable market is roughly 6x that of its Lucid Air sedans.
TechnologyLucid's industry-leading technology remains a key differentiator, with the efficiency of its powertrain significantly cutting costs out of the electric vehicle by enabling battery size reduction.
Bears Say
DemandA general slowdown in EV demand increases uncertainty on the path to profitability.
ProductionLCID currently does not enjoy any benefit from production at scale since production volumes remain low.
ProfitabilityCash burn remains a concern, and execution on cost reductions and increasing volumes continues to be key to reaching profitability.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
LCID FAQ
What was Lucid Group’s price range in the past 12 months?
Lucid Group lowest stock price was $2.29 and its highest was $5.70 in the past 12 months.
What is Lucid Group’s market cap?
Currently, no data Available
When is Lucid Group’s upcoming earnings report date?
Lucid Group’s upcoming earnings report date is Nov 05, 2024 which is in 47 days.
How were Lucid Group’s earnings last quarter?
Lucid Group released its earnings results on Aug 05, 2024. The company reported -$0.34 earnings per share for the quarter, missing the consensus estimate of -$0.273 by -$0.067.
Is Lucid Group overvalued?
According to Wall Street analysts Lucid Group’s price is currently Overvalued.
Does Lucid Group pay dividends?
Lucid Group does not currently pay dividends.
What is Lucid Group’s EPS estimate?
Lucid Group’s EPS estimate is -$0.31.
How many shares outstanding does Lucid Group have?
Lucid Group has 2,318,876,700 shares outstanding.
What happened to Lucid Group’s price movement after its last earnings report?
Lucid Group reported an EPS of -$0.34 in its last earnings report, missing expectations of -$0.273. Following the earnings report the stock price went up 3%.
Which hedge fund is a major shareholder of Lucid Group?
Among the largest hedge funds holding Lucid Group’s share is Public Investment Fund. It holds Lucid Group’s shares valued at 4B.
---
Lucid Group Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$2.94 (-19.23% Downside)
$2.94 (-19.23% Downside)
Blogger Sentiment
Bearish
LCID Sentiment 62%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 349.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $282.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-36.14%
12-Months-Change
Fundamentals
Return on Equity
-51.52%
Trailing 12-Months
Asset Growth
-12.66%
Trailing 12-Months
Company Description
Lucid Group
Churchill Capital Corp IV is a blank check company.
---
LCID Company Deck
---
LCID Earnings Call
Q2 2024
0:00 / 0:00
---
LCID Stock 12 Month Forecast
Average Price Target
$2.94
▼(-19.23% Downside)
Technical Analysis
Best Analysts Covering LCID
1 Year
1 Year Success Rate
11/15 ratings generated profit
1 Year Average Return
+39.63%
reiterated a sell rating 22 days ago
Copying Adam Jonas's trades and holding each position for 1 Year would result in 73.33% of your transactions generating a profit, with an average return of +39.63% per trade.
---