Lucid Group, Inc. (LCID)
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.
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 Motors' Gravity SUV dealing with early ‘hiccups,' interim CEO says
Lucid Motors has been working through some quality “hiccups” 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.
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.
