Explore advanced investment strategies with insights on Lucid Group (LCID, Financial). Enhance your investment decisions by leveraging high-level tools and data analytics designed to provide comprehensive market understanding. Access exclusive expert analyses and projections to bolster your confidence in managing investments. Gain competitive advantage through informed decision-making with the latest insights and forecasts delivered directly to you. Stay updated with the evolving market trends and make calculated moves in the stock market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Lucid Group Inc (LCID, Financial) is $2.52 with a high estimate of $5.00 and a low estimate of $1.00. The average target implies an downside of 20.28% from the current price of $3.17. More detailed estimate data can be found on the Lucid Group Inc (LCID) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Lucid Group Inc's (LCID, Financial) average brokerage recommendation is currently 3.2, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Lucid Group Inc (LCID, Financial) in one year is $9.00, suggesting a upside of 184.36% from the current price of $3.165. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Lucid Group Inc (LCID) Summary page.
LCID Key Business Developments
Release Date: May 06, 2025
- Vehicle Deliveries: 3,109 vehicles delivered, up more than 58% year-over-year.
- Vehicle Production: 2,212 vehicles produced, up 28% year-over-year.
- Revenue: $235 million, representing 36% growth year-over-year.
- Regulatory Credit Revenue: $31.5 million recognized.
- Gross Margin: Improved to negative 97.2% from negative 134.3% in the prior year quarter.
- R&D Expenses: $251 million, expected to increase throughout the year.
- SG&A Expenses: $212 million, a 13% sequential decline.
- Adjusted EBITDA: Negative $563 million, an improvement of 2% versus Q4.
- Cash and Investments: Approximately $4.56 billion at the end of Q1.
- Total Liquidity: $5.76 billion, providing runway into the second half of 2026.
- Inventory: Increased to $471 million, up from $408 million in Q4.
- CapEx: $161.2 million for the first quarter.
- Production Forecast: Approximately 20,000 vehicles in 2025.
- CapEx Guidance for 2025: Approximately $1.4 billion.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- Lucid Group Inc (LCID, Financial) delivered 3,109 vehicles in Q1 2025, marking a 58% year-over-year increase and the fifth consecutive quarter of record deliveries.
- The company saw significant year-over-year improvement in gross margin, surpassing previous guidance.
- Lucid Air was named Best Luxury Electric Car by U.S. News and Road Report for the fourth consecutive year.
- Strong interest and positive reception for the Lucid Gravity, with significant engagement and awareness growth from marketing campaigns.
- Lucid Group Inc (LCID) completed a convertible notes offering with strong support from the public investment fund, extending liquidity runway into the second half of 2026.
Negative Points
- Temporary systems issues in Saudi Arabia affected deliveries, although these have now been resolved.
- The company faces potential gross margin headwinds of 8% to 15% due to tariff impacts.
- There is uncertainty in the macroeconomic environment and trade policies, complicating supply chain and manufacturing plans.
- Lucid Group Inc (LCID) experienced some technical issues with the Lucid Gravity, including software and supplier challenges.
- The production ramp for the Lucid Gravity has been slower than anticipated, with some supply chain bottlenecks impacting timelines.
