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 EsoGuardÂź 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 â Lucid reported a wider net loss of $731M despite 36% year-over-year revenue growth and 3,109 vehicle deliveries. â 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.
Lucid Motors' Gravity SUV dealing with early âhiccups,' interim CEO says
Lucid Motors has been working through some quality âhiccupsâ in the early stages of delivering its long-awaited electric SUV, according to interim CEO Marc Winterhoff.
Lucid: Watch Out For Tariff Hits And Lofty Delivery Expectations
Lucid reported solid Q1 results with record deliveries, but faces challenges in scaling to profitability amid a volatile macroeconomic environment and heavy auto tariffs. Despite a strong delivery target of 20k vehicles for the year, Lucid must nearly double its current quarterly unit run rates to meet this goal. Lucid's gross margin remains deeply negative, and the company increased its expectation of negative tariff impacts to an 8-15% hit on margins.
Rivian, Lucid shares slide as EV makers maintain outlooks but face tariff, demand headwinds
Shares of electric vehicle makers Rivian Automotive Inc (NASDAQ:RIVN) and Lucid Group Inc (NASDAQ:LCID) fell on Wednesday after both companies reported quarterly results that modestly beat expectations but highlighted ongoing challenges, including tepid demand and rising tariff costs. Rivian's shares dropped 5.6% after the company posted a narrower-than-expected adjusted EBITDA loss of $300 million for the first quarter, helped by regulatory credits and contributions from its joint venture with Volkswagen.
Lucid Q1 Loss Wider Than Expected But Narrower Year Over Year
Despite tariff challenges, Lucid sticks to its production forecast of 20000 units in 2025.
Lucid Group (LCID) Reports Q1 Loss, Misses Revenue Estimates
Lucid Group (LCID) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.30 per share a year ago.
Lucid Stock Rises. Earnings Were Good Enough.
Tuesday evening, Lucid reported first-quarter sales of $235 million. Wall Street was looking for $243 million.
Lucid Announces First Quarter 2025 Financial Results
Produced 2,212 vehicles in Q1, excluding over 600 vehicles in transit to Saudi Arabia for factory gating Delivered 3,109 vehicles in Q1; up 58.1% compared to Q1 2024 Q1 revenue of $235.0 million GAAP net loss per share of $(0.24); non-GAAP net loss per share of $(0.20) Ended the quarter with approximately $5.76 billion in total liquidity NEWARK, Calif. , May 6, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced financial results for its first quarter ended March 31, 2025.
