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Lucid Group (LCID)
NASDAQ:LCID
Lucid Group (LCID) Stock Price & Analysis
14,238 Followers
LCID Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.29 - $7.75
Previous Close$3.5
Volume26.29M
Average Volume (3M)29.29M
Market Cap
$8.08B
Enterprise Value$6.30B
Total Cash (Recent Filing)$3.86B
Total Debt (Recent Filing)$2.08B
Price to Earnings (P/E)―
Beta2.04
Next Earnings
Aug 05, 2024EPS Estimate
-$0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.26
Shares Outstanding2,307,150,085
10 Day Avg. Volume16,483,728
30 Day Avg. Volume29,294,756
Standard Deviation0.23
R-Squared0.12
Alpha-0.05
Financial Highlights & Ratios
Price to Book (P/B)1.18
Price to Sales (P/S)9.65
Price to Cash Flow (P/CF)-3.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.58
Enterprise Value/Gross Profit-4.70
Enterprise Value/Ebitda-4.36
Forecast
1Y Price Target
$3.30Price Target Upside-5.71% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering7
Lucid Group News
Bulls Say, Bears Say
Bulls Say
EarningsLCID reported record deliveries in Q2 which outpaced production for a second consecutive quarter.
Product LaunchThe second vehicle in LCID's lineup, the Lucid Gravity SUV, will enter production at the AMP-1 manufacturing facility in Arizona.
TechnologyThere are potential catalysts ahead in the form of a licensing agreement for LCID's technology.
Bears Say
Financial PerformanceQ1 results missed consensus estimates for most key metrics despite margin improvement.
Market PerceptionInvestors will take a conservative posture when considering the low penetration of LCID's existing lineup.
Operational ChallengesLow absolute delivery numbers are limiting fixed cost absorption, driving financial statement losses and further capital needs.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
LCID FAQ
What was Lucid Group’s price range in the past 12 months?
Lucid Group lowest stock price was $2.29 and its highest was $7.75 in the past 12 months.
What is Lucid Group’s market cap?
Currently, no data Available
When is Lucid Group’s upcoming earnings report date?
Lucid Group’s upcoming earnings report date is Aug 05, 2024 which is in 15 days.
How were Lucid Group’s earnings last quarter?
Lucid Group released its earnings results on May 06, 2024. The company reported -$0.3 earnings per share for the quarter, missing the consensus estimate of -$0.248 by -$0.052.
Is Lucid Group overvalued?
According to Wall Street analysts Lucid Group’s price is currently Overvalued.
Does Lucid Group pay dividends?
Lucid Group does not currently pay dividends.
What is Lucid Group’s EPS estimate?
Lucid Group’s EPS estimate is -$0.27.
How many shares outstanding does Lucid Group have?
Lucid Group has 2,307,150,100 shares outstanding.
What happened to Lucid Group’s price movement after its last earnings report?
Lucid Group reported an EPS of -$0.3 in its last earnings report, missing expectations of -$0.248. Following the earnings report the stock price went down -14.098%.
Which hedge fund is a major shareholder of Lucid Group?
Among the largest hedge funds holding Lucid Group’s share is Public Investment Fund. It holds Lucid Group’s shares valued at 4B.
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Lucid Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$3.30 (-5.71% Downside)
$3.30 (-5.71% Downside)
Blogger Sentiment
Bearish
LCID Sentiment 61%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 3.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-51.72%
12-Months-Change
Fundamentals
Return on Equity
-65.24%
Trailing 12-Months
Asset Growth
22.53%
Trailing 12-Months
Company Description
Lucid Group
Churchill Capital Corp IV is a blank check company.
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LCID Company Deck
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LCID Earnings Call
Q1 2024
0:00 / 0:00
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LCID Stock 12 Month Forecast
Average Price Target
$3.30
▼(-5.71% Downside)
Technical Analysis
Best Analysts Covering LCID
1 Year
1 Year Success Rate
12/14 ratings generated profit
1 Year Average Return
+46.47%
reiterated a sell rating 13 days ago
Copying Adam Jonas's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +46.47% per trade.
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