Lucid Group, Inc. (NASDAQ:LCID ) Q2 2025 Earnings Conference Call August 5, 2025 5:30 PM ET Company Participants Marc Winterhoff - Interim Chief Executive Officer Taoufiq Boussaid - Chief Financial Officer Conference Call Participants Andres Juan Sheppard-Slinger - Cantor Fitzgerald & Co., Research Division Stephen David Gengaro - Stifel, Nicolaus & Company, Incorporated, Research Division Thomas Jacob Scholl - BNP Paribas Exane, Research Division Operator Ladies and gentlemen, thank you for standing by, and welcome to the Lucid Group Second Quarter 2025 Earnings Conference Call. Please be advised that today's conference is being recorded.
Lucid Group (LCID) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to a loss of $0.29 per share a year ago.
Lucid Group reported second-quarter earnings that missed expectations. The electric vehicle maker now anticipates producing between 18,000 and 20,000 vehicles for the year after previously projecting a goal of 20,000.
Lucid (NASDAQ: LCID) may be preparing to cut its annual production guidance, according to Cantor Fitzgerald analyst Andres Sheppard, ahead of the company's highly anticipated second-quarter earnings call scheduled for Tuesday.
LCID is expected to top Q2 estimates as record deliveries, rising production and Gravity SUV generate fuel optimism.
Lucid Group (LCID) closed the most recent trading day at $2.56, moving 8.24% from the previous trading session.
Market Domination Overtime anchor Josh Lipton breaks down the latest market news for July 29, 2025. US stocks, markets and data reporter Jared Blikre breaks down the details.
Lucid Group (LCID) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lucid Group (LCID -2.34%) soared in value following the announcement of its partnership with Uber Technologies. According to the deal's terms, Uber will invest $300 million in the electric vehicle (EV) maker.
Rivian (RIVN 1.30%) and Lucid (LCID -2.17%) were both hot electric vehicle (EV) stocks. Rivian went public with an IPO price of $78 on Nov. 10, 2021, and its shares more than doubled to a record closing price of $172.01 just a week later.
Lucid Group (LCID) closed at $3.08 in the latest trading session, marking a -1.6% move from the prior day.
This comes after the company made a joint announcement with the world's largest ride-sharing company, Uber Technologies NYSE: UBER. The two are forging a significant partnership in autonomous vehicles (AVs).