Reading the tape
NASDAQ: LCID
Lucid Group, Inc.
Consumer Cyclical · Auto - Manufacturers
Market Cap
$2.35B
52w High
$33.70
52w Low
$6.75
P/E
-0.82
Volume
47.15M
Outstanding Shares
330.15M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -69.35%Revenue (TTM): 67.58%FCF (TTM): -31.82%P/S: 0th pct
What changed
The stock fell 69.35% over the last year. Revenue grew 67.58% over the trailing twelve months. Operating margin moved from -373.94% to -258.66%. Free cash flow declined 31.82% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price. The market appears to be discounting durability, risk, or trust rather than just the latest reported numbers.
What would invalidate this read
This read changes if operating margin (currently -258.66%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies.
CEOMarc Winterhoff
SectorConsumer Cyclical
IndustryAuto - Manufacturers
Employees6,800
IPO dateSep 18, 2020
Valuation
Forward P/E—
EV/EBITDA-1.49
Enterprise value$3.16B
Stock splits
Sep 2, 2025↓ Reverse
Every 10 shares became 1
Profitability & growth
Revenue growth122.94%
Gross margin-92.81%▲18.78%vs FY2024
Operating margin-258.66%▲30.83%vs FY2024
ROE-376.15%▼436.76%vs FY2024
Analyst consensus
RatingHold
Target price$14.00▲96.91%
2
Buy
10
Hold
3
Sell
⚠ Analyst ratings tend to be lagging indicators — upgrades often follow price gains rather than precede them. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 5, 2026
Q2 FY26 · EPS est -$2.35 · Revenue est $369.99M
View