Lucid Group, Inc. (LCID) AI Stock Analysis

Lucid Group, Inc. is a technology and electric vehicle company based in Newark, California. Founded in 2007, the company designs, engineers, and manufactures electric vehicles, advanced EV powertrains, and battery systems. It focuses on high-performance electric vehicles alongside sustainable transportation solutions that prioritize efficiency and environmental responsibility. As of December 31, 2021, the company maintained twenty retail studios across the United States. These studio locations serve as showcases for its electric vehicle models, offering customers firsthand experiences and personalized consultations.

Annual revenue grew from $27.1M in FY2021 to $1.35B in FY2025, producing a 5-year revenue CAGR of 220.9% from FY2020 to FY2025. In FY2025, revenue increased 67.6%, following a 35.7% gain in FY2024 to $807.8M and a 2.1% decline in FY2023 to $595.3M. However, profitability remains deeply negative. In FY2025, gross margin was -92.8%, operating margin was -258.7%, and net income was -$2.70B, which translates to a net margin of -199.3% and diluted earnings per share of -$10.79. Over the trailing twelve months, revenue was $1.55B, with quarterly revenue expanding 56.2% year-over-year for the period ended June 30, 2026. Research and development expenses stood at $1.21B in FY2025.

As of June 30, 2026, Lucid Group held $761.3M in cash and short-term investments against total debt of $3.36B, leaving net debt at $2.60B. Shareholders' equity was $1.85B and total assets totaled $7.70B, resulting in a debt-to-equity ratio of 1.82 and a current ratio of 1.14. Cash flow consumption remains elevated. In FY2025, operating cash flow was -$2.96B, capital expenditures were $868.2M, and free cash flow was -$3.83B. Over the past five years, the company's share count increased 133.5%.

Lucid Group carries a market capitalization of $1.22B and an enterprise value of $4.53B. The stock trades at a price-to-sales multiple of 0.8x and an enterprise value-to-revenue multiple of 2.9x, compared to a median price-to-sales of 0.7x for its US-listed Consumer Cyclical peers. Its price-to-book ratio is 3.2x. Over the past year, the stock fell 84.8%, while the S&P 500 (SPY) returned 16.8%. Over five years, the shares dropped 98.7% compared to an 83.0% gain for the benchmark.

Wall Street coverage includes 1 Strong Buy, 0 Buy, 7 Hold, 2 Sell, and 1 Strong Sell ratings. The mean price target is $7.39, representing a 136.1% premium over the last close of $3.13 on October 16, 2026. For the fiscal year ending December 31, 2026, consensus estimates project an EPS of -$9.49 on revenue of $1.55B. For the following fiscal year, 4 analysts anticipate revenue of $3.49B, or 125.4% growth, with an EPS of -$5.02. Lucid beat EPS estimates in 0 of the last 4 quarters, and its next earnings date is November 9, 2026.

This page is an AI-written research summary of Lucid Group, Inc. (LCID). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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