Lucid Group (LCID) Stock Sinks As Market Gains: Here's Why
The latest trading day saw Lucid Group (LCID) settling at $2.19, representing a -1.79% change from its previous close.
Lucid Announces Election of Douglas Grimm to Board of Directors
Automotive Executive Brings Extensive Industry Experience to the Board of Directors NEWARK, Calif. , June 5, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the election of Douglas Grimm to its board of directors effective immediately.
Lucid Strengthens US Supply Chain with New Graphite Material Supply Agreement with Graphite One
NEWARK, Calif. , June 4, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the signing of a multi-year supply agreement with Graphite One for American-sourced natural graphite, further strengthening the company's supply chain for American raw materials and resources.
Lucid Diagnostics to Join Russell 2000® and Russell 3000® Indexes
NEW YORK , May 27, 2025 /PRNewswire/ -- Lucid Diagnostics Inc. (Nasdaq: LUCD) ("Lucid" or the "Company"), a commercial-stage, cancer prevention medical diagnostics company, and subsidiary of PAVmed Inc. (Nasdaq: PAVM), today announced that the Company will join the small-cap Russell 2000® Index and the broad-market Russell 3000® Index, effective after the close of U.S. equity markets on June 27, 2025, as part of their 2025 annual reconstitution, according to a preliminary list of additions posted by FTSE Russell on May 23, 2025. "We are pleased that Lucid is joining these important market indices, which serve as leading benchmarks for institutional investors and as the basis for numerous index-linked financial products," said Dennis McGrath , Lucid's Chief Financial Officer.
Wall Street sets Lucid stock price for next 12 months
Wall Street analysts are holding a slightly bearish outlook on Lucid's (NASDAQ: LCID) stock over the next year as the equity continues to experience increased volatility.
Why Lucid is Probably Not The Next Tesla
On June 29, 2010, Tesla Inc. (NASDAQ: TSLA) IPO'd at $17 per share.
Here's What's Fueling A Potential 10x Surge In Lucid Stock
I rate Lucid Group, Inc., a buy for long-term investors, despite current financial losses and volatile stock performance. Lucid's strategic partnership with Saudi Arabia, including major EV orders and funding, provides a unique growth runway and financial stability. The upcoming Lucid Gravity SUV could boost market share, especially if a more affordable model is launched to compete with Tesla.
Lucid's record quarter got a lift from rental sales and company leases
Lucid Motors set a company record for deliveries in the first quarter of 2025, shipping 3,109 EVs to customers in North America, Europe, and Saudi Arabia. It appears that a new company car program and sales to rental fleets helped it get there.
Lucid Diagnostics Provides Business Update and Reports First Quarter 2025 Financial Results
Processed 3,034 EsoGuard® tests and recognized revenue of $0.8 million in 1Q25 Secured capital to extend runway well past key upcoming reimbursement milestones; ended 1Q25 with over $40 million in proforma cash Conference call and webcast to be held today, May 14 th, at 8:30 AM EDT NEW YORK , May 14, 2025 /PRNewswire/ -- Lucid Diagnostics Inc. (Nasdaq: LUCD) ("Lucid" or the "Company") a commercial-stage, cancer prevention medical diagnostics company, and subsidiary of PAVmed Inc. (Nasdaq: PAVM) ("PAVmed"), today provided a business update for the Company and reported financial results for the three months ended March 31, 2025. Conference Call and Webcast The webcast will take place on Wednesday, May 14, 2025, at 8:30 AM and will be accessible in the investor relations section of the Company's website at luciddx.com.
Banking giants set Lucid stock price targets
Summary ⚈ Lucid reported a wider net loss of $731M despite 36% year-over-year revenue growth and 3,109 vehicle deliveries. ⚈ Stifel, Cantor Fitzgerald, and Needham all reiterated Hold/Neutral ratings, citing optimism around the Gravity SUV.
Lucid: Another Revenue Miss
Lucid's Q1 2025 report showed mixed results, with revenues missing estimates, but margins improved over the prior year period. The company reiterated its full-year production guidance but remains far from profitability, with a high price-to-sales ratio compared to peers. Shares remain depressed as investors wait to see if another capital raise is needed to support production growth.
Lucid Opens New Jersey Studio, Service, and Delivery Center for Area Customers
NEWARK, Calif. , May 8, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the opening of its latest Studio and Service Center location in Rutherford, N.J.
