Lucid Group (LCID) AI Stock Analysis

• Market Cap: $7.87B
• Dividend Yield: N/A
• Average Volume (3M): 165.62M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.58
• Revenue Growth: 40.67%
• EPS Growth: 3.40%
• Country: US
• Employees: 6,800
• Sector: Consumer Cyclical
• Sector Strength: 69
• Industry: Auto - Manufacturers
• EPS (TTM): -0.24
• Shares Outstanding: 3,072,482,700
• 10 Day Avg. Volume: 236,280,096
• 30 Day Avg. Volume: 165,624,288
• PEG Ratio: -0.63
• Price to Book (P/B): 2.23
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.56
• Enterprise Value/Market Cap: 0.99
• Enterprise Value/Revenue: 2.54
• Enterprise Value/Gross Profit: -8.49
• Enterprise Value/Ebitda: -0.79
• 1Y Price Target: $3.19
• Price Target Upside: 27.60% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 9

• Rating: 50 Neutral
• Price Target: $2.50 ▲(0.00%Upside)

Lucid's overall stock score is primarily impacted by its financial performance, which includes significant profitability and cash flow challenges. Technical analysis provides some positive signals, while valuation remains a concern due to negative earnings. The earnings call offers a mixed outlook with both promising developments and ongoing risks.

Positive Factors

Investment and Financing

Uber plans to make a $300 million investment in Lucid as well as an additional investment in Nuro.

Production and Sales

Lucid maintained its 2025 production guidance of 20,000 vehicles, above the pre-release forecast, suggesting strong management expectations for deliveries.

Strategic Partnerships

Lucid announced a three-way partnership with Nuro and Uber to deploy at least 20,000 Lucid Gravity SUVs equipped with Nuro's L4 autonomous technology on the Uber network.

Negative Factors

Financial Uncertainty

It remains unclear what the financial ramifications are outside the sale of incremental 20,000+ vehicles and the Uber investment.

Product Development

Risk from product development stalling post CEO departure earlier in 2025.

Tariffs and Consumer Demand

The risk associated with tariff costs and flagging consumer demand for electric vehicles are incremental challenges for the company.

Lucid Group Business Overview & Revenue Model

Company Description

Lucid Group, Inc. (LCID) is an American electric vehicle manufacturer specializing in luxury electric cars. Based in Newark, California, the company is known for its high-performance vehicles with advanced technology and sustainable energy solutions. Lucid's flagship product is the Lucid Air, a luxury sedan that boasts exceptional range, speed, and innovative features designed to compete with traditional luxury automotive brands.

How the Company Makes Money

Lucid Group generates revenue primarily through the sale of its luxury electric vehicles. The company targets the high-end automotive market, offering vehicles that feature cutting-edge technology and design. Revenue is driven by vehicle sales, which include different variants of the Lucid Air model, each with varying features and price points. Additionally, the company may generate income from ancillary services such as vehicle maintenance, software updates, and charging solutions. Lucid also engages in strategic partnerships and collaborations that can contribute to its revenue growth. These partnerships may involve technology sharing, joint ventures, or co-development agreements that leverage Lucid's expertise in electric vehicle technology.

Lucid Group Financial Statement Overview

Summary

Lucid Group's financial statements indicate significant challenges with profitability, high leverage, and negative cash flow. Despite revenue growth, substantial financial inefficiencies and high debt levels present ongoing risks.

Income Statement

Lucid Group's TTM revenue shows slight growth, but the company is struggling with significant net and gross losses. The net profit margin and gross profit margin are negative, indicating profitability challenges. EBIT and EBITDA margins are also deeply negative, further highlighting operational inefficiencies.

Balance Sheet

The balance sheet shows high leverage with a debt-to-equity ratio above 0.8. The equity ratio is moderate, suggesting some financial stability. However, the negative return on equity indicates that the company is not generating positive returns for shareholders.

Cash Flow

Lucid Group's cash flow statement reveals negative free cash flow and operating cash flow, with a declining free cash flow growth rate. Operating cash flow relative to net income also shows inefficiencies in cash generation relative to accounting profit.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	807.83M	595.27M	608.18M	27.11M	3.98M
Gross Profit	-923.11M	-1.34B	-1.04B	-127.79M	906.00K
EBITDA	-2.38B	-2.57B	-1.07B	-2.50B	-709.29M
Net Income	-2.71B	-2.83B	-1.30B	-2.58B	-719.38M
Balance Sheet
Total Assets	9.65B	8.51B	7.88B	7.88B	1.40B
Cash, Cash Equivalents and Short-Term Investments	4.03B	3.86B	3.91B	6.26B	614.92M
Total Debt	2.48B	2.43B	2.08B	2.00B	980.00K
Total Liabilities	5.78B	3.66B	3.53B	3.97B	227.38M
Stockholders Equity	3.87B	4.85B	4.35B	3.91B	1.18B
Cash Flow
Free Cash Flow	-2.90B	-3.40B	-3.30B	-1.48B	-1.03B
Operating Cash Flow	-2.02B	-2.49B	-2.23B	-1.06B	-570.20M
Investing Cash Flow	-1.29B	-946.98M	-3.68B	-420.69M	-459.58M
Financing Cash Flow	3.56B	3.07B	1.35B	7.14B	1.29B

Lucid Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LCID, the sentiment is Neutral. The current price of 2.5 is below the 20-day moving average (MA) of 2.57, above the 50-day MA of 2.41, and below the 200-day MA of 2.53, indicating a neutral trend. The MACD of 0.13 indicates Positive momentum. The RSI at 47.95 is Neutral, neither overbought nor oversold. The STOCH value of 18.37 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for LCID.

Lucid Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LI	68 Neutral	$30.62B	25.05	12.22%	―	10.28%	-29.75%
Sector *	62 Neutral	$17.13B	10.11	-8.47%	3.27%	1.63%	-24.01%
NIO	54 Neutral	$10.08B	―	-240.42%	―	23.39%	3.93%
XPEV	53 Neutral	$18.15B	―	-15.52%	―	50.45%	49.81%
LCID	50 Neutral	$7.87B	―	-50.06%	―	40.67%	3.40%
VFS	48 Neutral	$8.02B	―	36.15%	―	110.83%	-66.73%
RIVN	48 Neutral	$14.97B	―	-53.82%	―	0.58%	35.39%

Lucid Group Corporate Events

Lucid Group Proposes Reverse Stock Split

On July 17, 2025, Lucid Group, Inc. announced the filing of a preliminary proxy statement with the SEC to propose a reverse stock split of its Class A common stock at a one-for-ten ratio. The company believes this move will make its stock more attractive to a broader range of investors, although the completion of the split is subject to stockholder approval and market conditions. The reverse stock split is intended to enhance Lucid’s market positioning, but there is no guarantee it will achieve the desired effects.

The most recent analyst rating on (LCID) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Lucid Group stock, see the LCID Stock Forecast page.

Lucid Group Partners with Uber for Autonomous Vehicles

On July 16, 2025, Lucid Group entered into a Vehicle Production Agreement with Uber Technologies to supply a minimum of 20,000 modified Lucid Gravity vehicles for autonomous use on Uber’s platform over six years, starting in late 2026. This partnership, involving Nuro’s autonomous driving software, aims to deploy a fleet of robotaxis globally, enhancing Lucid’s market presence in the autonomous vehicle sector. Additionally, Lucid and Uber’s subsidiary SMB Holding Corporation agreed on a $300 million private placement of Lucid’s Class A common stock to fund the development of these vehicles, expected to close in the third quarter of 2025. This collaboration signifies a significant investment in Lucid’s technology and positions the company to capitalize on the growing autonomous vehicle market.

The most recent analyst rating on (LCID) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Lucid Group stock, see the LCID Stock Forecast page.

Lucid Group Stockholders Approve Stock Incentive Plan Amendment

On June 5, 2025, Lucid Group‘s stockholders approved an amendment to the 2021 Stock Incentive Plan, increasing the available shares of Class A common stock by 184 million. This decision, made during the Annual Meeting, potentially strengthens Lucid’s market position by enhancing its ability to incentivize employees and attract talent.

The most recent analyst rating on (LCID) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Lucid Group stock, see the LCID Stock Forecast page.