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.
Analyst revises Lucid stock price target as LCID crashes
Ahead of its upcoming May 6 earnings report, and amidst Lucid (NASDAQ: LCID) stock's May 5 6.52% early session plunge to $2.38, Cantor Fitzgerald's Andres Sheppard elected to revise their price target for the beleaguered electric vehicle (EV) maker.
Lucid's Penny Stock Problem
By many definitions, a penny stock trades below $5. If so, Lucid (NASDAQ: LCID) has inhabited that area for a long time.
If You'd Invested $1,000 in Lucid Stock in 2021, Here's How Much You'd Have Today
The next few years should be the best on record for Lucid (LCID -0.20%) when it comes to absolute sales growth. With a current sales base of around $800 million, analysts expect revenue to jump by 82% in 2025, growing by another 91% in 2026.
Is Lucid Stock a Buy Now?
Lucid Group (LCID -1.38%) had a record-setting year in 2024. The game plan is to break some more records in 2025.
Lucid (NASDAQ: LCID) Stock Price Prediction and Forecast 2025-2030 (May 2025)
Late last year, Lucid Group Inc. (NASDAQ: LCID) began production of its highly anticipated Gravity luxury electric SUV.
Giant Lucid stock short squeeze alert
Lucid stock (NASDAQ: LCID) is experiencing increased short-selling activity, which could culminate in a short squeeze.
Could Buying Lucid Group Stock Today Set You Up for Life?
Lucid Group (LCID -2.15%) has huge plans in 2025 as it looks to become one of the world's top electric vehicle (EV) companies. If you are an investor interested in this sector of the economy, could buying in before it executes on its goals set you up for life?
Will Lucid Group (LCID) Report Negative Earnings Next Week? What You Should Know
Lucid Group (LCID) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
