Lucid Group (LCID) AI Stock Analysis

• Market Cap: $5.54B
• Dividend Yield: N/A
• Average Volume (3M): 9.16M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.43
• Revenue Growth: 39.01%
• EPS Growth: 7.12%
• Country: US
• Employees: 6,800
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): -2.40
• Shares Outstanding: 307,260,000
• 10 Day Avg. Volume: 8,391,191
• 30 Day Avg. Volume: 9,161,857
• PEG Ratio: 0.34
• Price to Book (P/B): 1.91
• Price to Sales (P/S): 9.14
• P/FCF Ratio: -2.54
• Enterprise Value/Market Cap: 1.49
• Enterprise Value/Revenue: 8.86
• Enterprise Value/Gross Profit: -8.93
• Enterprise Value/Ebitda: -4.39
• 1Y Price Target: $25.00
• Price Target Upside: 42.61% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 11

• Rating: 41 Neutral
• Price Target: $17.50 ▼(-0.17% Downside)

Lucid Group's overall stock score is primarily impacted by its weak financial performance and challenging valuation metrics. Technical analysis indicates bearish momentum, further contributing to the low score. While the earnings call provided some positive strategic insights, the financial and technical challenges remain significant.

Positive Factors

Strategic Partnerships

The partnership with Uber and Nuro positions Lucid to enter the multitrillion-dollar robotaxi market, potentially diversifying revenue streams and enhancing long-term growth prospects.

Vehicle Production and Delivery Growth

Consistent growth in vehicle production and deliveries indicates strong demand and operational scalability, crucial for sustaining revenue growth and market presence.

Strong Liquidity Position

A robust liquidity position provides financial flexibility to invest in R&D, expand production capacity, and weather economic uncertainties, supporting long-term strategic initiatives.

Negative Factors

Negative Gross Margin

Persistently negative gross margins highlight operational inefficiencies and cost management issues, potentially hindering profitability and financial sustainability.

Supply Chain Challenges

Supply chain disruptions can delay production and increase costs, affecting the company's ability to meet demand and maintain competitive pricing.

High Debt Levels

Elevated debt levels increase financial risk and may limit the company's ability to invest in growth opportunities or respond to market changes, impacting long-term viability.

Lucid Group Business Overview & Revenue Model

Company Description

Lucid Group, Inc. is an American automotive company focused on the design and manufacturing of electric vehicles (EVs). Headquartered in Newark, California, Lucid Group specializes in high-performance luxury electric sedans and SUVs, with its flagship product being the Lucid Air, an all-electric luxury sedan that boasts advanced technology and impressive range. The company operates within the automotive and energy sectors, aiming to redefine sustainable transportation through innovative engineering and cutting-edge design.

How the Company Makes Money

Lucid Group generates revenue primarily through the sale of its electric vehicles, particularly the Lucid Air. The company has a direct-to-consumer sales model, allowing it to retain a larger portion of the sale price compared to traditional dealership models. In addition to vehicle sales, Lucid may also earn revenue from leasing options, as well as ancillary services such as software updates and subscription services for enhanced features. Furthermore, partnerships with energy companies for charging infrastructure and collaborations with technology firms for vehicle integration may contribute to its revenue streams. The company may also explore future revenue opportunities in the form of energy storage solutions, leveraging its expertise in battery technology.

Lucid Group Financial Statement Overview

Summary

Lucid Group faces significant financial challenges, with persistent losses and high leverage. Despite slight revenue growth and improved free cash flow, the overall financial health remains weak due to negative profit margins and high debt levels.

Income Statement

Lucid Group's income statement reveals significant challenges. The company has consistently reported negative gross profit margins, with the TTM (Trailing-Twelve-Months) showing a gross profit margin of -99.26%. Net profit margins are also deeply negative, indicating substantial losses relative to revenue. Although there is a slight revenue growth in the TTM, the overall profitability metrics such as EBIT and EBITDA margins remain concerningly negative, reflecting ongoing operational inefficiencies.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio of 1.14 in the TTM, indicating increased leverage and potential financial risk. Return on equity is negative, highlighting the company's inability to generate profits from shareholders' equity. However, the equity ratio remains relatively stable, suggesting that a significant portion of the company's assets is financed by equity.

Cash Flow

Cash flow analysis indicates persistent negative operating and free cash flows, although there is a notable improvement in free cash flow growth in the TTM. The operating cash flow to net income ratio is negative, reflecting cash flow challenges. The free cash flow to net income ratio is positive, suggesting that despite losses, the company manages to convert some of its net income into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	928.99M	807.83M	595.27M	608.18M	27.11M	3.98M
Gross Profit	-922.14M	-923.11M	-1.34B	-1.04B	-127.79M	906.00K
EBITDA	-1.87B	-2.38B	-2.57B	-1.07B	-2.50B	-709.29M
Net Income	-2.30B	-2.71B	-2.83B	-1.30B	-2.58B	-719.38M
Balance Sheet
Total Assets	8.87B	9.65B	8.51B	7.88B	7.88B	1.40B
Cash, Cash Equivalents and Short-Term Investments	2.83B	4.03B	3.86B	3.91B	6.26B	614.92M
Total Debt	2.74B	2.48B	2.43B	2.08B	2.00B	980.00K
Total Liabilities	6.46B	4.48B	3.66B	3.53B	3.97B	227.38M
Stockholders Equity	2.41B	3.87B	4.85B	4.35B	3.91B	1.18B
Cash Flow
Free Cash Flow	-3.64B	-2.90B	-3.40B	-3.30B	-1.48B	-1.03B
Operating Cash Flow	-2.68B	-2.02B	-2.49B	-2.23B	-1.06B	-570.20M
Investing Cash Flow	621.34M	-1.29B	-946.98M	-3.68B	-420.69M	-459.58M
Financing Cash Flow	2.75B	3.56B	3.07B	1.35B	7.14B	1.29B

Lucid Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 17.53
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LCID, the sentiment is Negative. The current price of 17.53 is below the 20-day moving average (MA) of 20.41, below the 50-day MA of 20.61, and below the 200-day MA of 23.71, indicating a bearish trend. The MACD of -1.09 indicates Positive momentum. The RSI at 29.77 is Positive, neither overbought nor oversold. The STOCH value of 7.77 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LCID.

Lucid Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LI	―	$21.20B	19.92	11.91%	―	7.49%	-21.06%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
XPEV	―	$21.69B	―	-13.34%	―	66.53%	48.17%
NIO	―	$14.85B	―	-329.46%	―	9.60%	-5.91%
RIVN	―	$15.76B	―	-54.42%	―	2.73%	45.63%
VFS	―	$7.93B	―	―	―	79.49%	-22.72%
LCID	―	$5.54B	―	-54.39%	―	39.01%	7.12%

Lucid Group Corporate Events

Lucid Group Executes One-for-Ten Reverse Stock Split

On August 29, 2025, Lucid Group, Inc. implemented a reverse stock split at a ratio of one-for-ten, reducing its common stock from approximately 3,072.6 million to 307.3 million shares. This move, approved by stockholders on August 18, 2025, aims to streamline the company’s equity structure without altering stockholders’ percentage ownership or voting power, except for minor changes due to fractional shares.

The most recent analyst rating on (LCID) stock is a Hold with a $2.10 price target. To see the full list of analyst forecasts on Lucid Group stock, see the LCID Stock Forecast page.

Lucid Group Approves Reverse Stock Split Amendment

On August 18, 2025, Lucid Group, Inc. held a special meeting of stockholders where an amendment to the company’s Third Amended and Restated Certificate of Incorporation was approved. This amendment allows the company’s Board of Directors to execute a reverse stock split of the common stock, a move that could impact the company’s stock valuation and market perception.

The most recent analyst rating on (LCID) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Lucid Group stock, see the LCID Stock Forecast page.

Lucid Group’s Earnings Call: Growth Amid Challenges

Lucid Group’s recent earnings call painted a picture of both optimism and caution. The company showcased strong performance in vehicle production and strategic partnerships, suggesting positive future prospects. However, challenges in gross margin due to tariffs and supply chain issues remain significant concerns.

Lucid Group Reports Q2 2025 Financial Results

Lucid Group, Inc. is a Silicon Valley-based technology company known for producing advanced electric vehicles, including the award-winning Lucid Air and the new Lucid Gravity, which are assembled in its state-of-the-art factory in Arizona. The company focuses on delivering best-in-class performance, sophisticated design, and energy efficiency in the electric vehicle sector.