Lucid Group, Inc. (LCID)
Why Lucid Stock Crashed 37.4% in October and Just Hit Its 52-Week Low
Lucid's losses keep getting bigger, and it continues to sell shares to raise money.
Why Lucid and Rivian Stocks Rose Briefly and Tesla Topped $1 Trillion Again on Friday
Tesla may not be the cheapest EV stock, but at least it's earning a profit.
Lucid: Another Chance To Sell
Lucid's Q3 results highlighted ongoing struggles, with large losses and cash burn continuing to pile up. The Gravity SUV is launching this quarter, creating high revenue growth expectations for 2025. Despite anticipated revenue growth, Lucid's high price to sales ratio makes it an expensive stock, especially compared to peers like Rivian, XPeng, and traditional automakers.
Lucid Stock Jumps on New EV Model. It's Still Recovering After Trump's Win.
Lucid said its Gravity SUV is on track to start production this year. The company also said its quarterly loss–it still loses money on the cars it produces–was smaller than expected.
Lucid Group shares motor 5% higher after Q3 beat
Lucid Group Inc's (NASDAQ:LCID) stock rose 5% in after-hours trading after the electric vehicle maker slightly exceeded third-quarter forecasts, despite widening losses. Revenue reached $200 million, surpassing the expected $198 million, while adjusted losses per share were $0.28, better than the $0.30 projected by analysts.
Lucid Group, Inc. (LCID) Q3 2024 Earnings Call Transcript
Lucid Group, Inc. (NASDAQ:LCID ) Q3 2024 Results Conference Call November 7, 2024 5:30 PM ET Company Participants Maynard Um - Senior Director of Investor Relations Peter Rawlinson - Chief Executive Officer and Chief Technology Officer Gagan Dhingra - Interim Chief Financial Officer and Principal Accounting Officer Conference Call Participants John Murphy - BofA Securities Andres Sheppard - Cantor Fitzgerald Stephen Gengaro - Stifel Steven Fox - Fox Advisors Tobias Beith - Redburn Atlantic Operator Ladies and gentlemen, thank you for standing by, and welcome to the Lucid Group Third Quarter 2024 Earnings Conference Call. Please be advised that today's conference is being recorded.
Lucid Group (LCID) Reports Q3 Loss, Tops Revenue Estimates
Lucid Group (LCID) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to loss of $0.28 per share a year ago.
Lucid opens its order books for Gravity SUV, calling it a ‘landmark' EV
Lucid to start taking orders for its Gravity SUV and says its financial runway is wide open through 2026.
Lucid beats revenue estimates, reaffirms annual production
Lucid beat Wall Street expectations for third-quarter revenue on Thursday and reiterated its annual production forecast as it benefits from strong demand for its luxury electric sedans.
Lucid slightly tops Wall Street's third-quarter expectations amid widening losses
Electric carmaker Lucid Group slightly beat Wall Street's third-quarter expectations. The company's net loss for the third quarter widened to $992.5 million compared with a loss of $630.9 million a year earlier.
Why Lucid Motors Stock Jumped Today
Lucid opens the order book for a new EV model.
Rivian Vs. Lucid: Which EV Stock Has The Edge Ahead Of Q3 Earnings?
The electric vehicle (EV) race is heating up — but not for Rivian Automotive Inc RIVN or Lucid Group Inc LCID. Both EV companies are struggling, with their stocks down nearly 50% year-to-date.
