LCID (Lucid Group) Construction In Progress: $1,168 Mil (As of Mar. 2026)


LCID Lucid Group Inc LCID
58 GF Score
Price $5.14
GF Value $43.42
Valuation Possible Value Trap
! 7 Warning Signs
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What is Lucid Group Construction In Progress?

Lucid Group LCID -1.06% 58 Construction In Progress is $1,168 Mil as of Mar. 2026. GuruFocus rates LCID with a GF Score™ of 58/100 and a GF Value™ of $43.42 (Possible Value Trap). The stock has 7 warning signs investors should review.

Lucid Group's quarterly construction in progress increased from Sep. 2025 ($762 Mil) to Dec. 2025 ($971 Mil) and increased from Dec. 2025 ($971 Mil) to Mar. 2026 ($1,168 Mil).

Lucid Group's annual construction in progress declined from Dec. 2023 ($1,185 Mil) to Dec. 2024 ($673 Mil) but then increased from Dec. 2024 ($673 Mil) to Dec. 2025 ($971 Mil).

Lucid Group Construction In Progress Historical Data

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The historical data trend for Lucid Group's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lucid Group Construction In Progress Chart

Lucid Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 276.92 1,077.18 1,185.41 672.53 970.96

Lucid Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 492.27 579.87 762.47 970.96 1,167.58
LCID
58GF Score
Lucid Group Inc LCID
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Lucid Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $1,168 Mil mean?
Lucid Group (LCID) has a Construction In Progress of $1,168 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Lucid Group and its competitors.
Is Lucid Group's Construction In Progress too high?
Lucid Group's current Construction In Progress is $1,168 Mil. Overall, Lucid Group has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lucid Group's Construction In Progress compare to PSNY and CYD?
Lucid Group's Construction In Progress of $1,168 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Lucid Group and its competitors. Lucid Group's current Construction In Progress is $1,168 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucid Group stock overvalued right now?
Based on GuruFocus' analysis, Lucid Group (LCID) is currently considered Possible Value Trap. The stock's GF Value™ is $43.42, compared to a current price of $5.14 — trading 88.2% below its estimated fair value. The current Construction In Progress is $1,168 Mil. Lucid Group's overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Lucid Group (LCID), the current Construction In Progress is $1,168 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lucid Group (LCID) Overvalued in 2026?

Based on GuruFocus' analysis, Lucid Group stock appears to be undervalued. The current stock price of $5.14 is trading 88.2% below its estimated GF Value™ of $43.42. GuruFocus considers Lucid Group to be Possible Value Trap.

Key valuation signals for LCID:

  • Construction In Progress: $1,168 Mil
  • GF Value™: $43.42 vs. price of $5.14 (88.2% below fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the LCID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lucid Group Business Description

Address 7373 Gateway Boulevard, Newark, CA, USA, 94560
Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It offers its own geographically distributed retail and service locations through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design, which led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. Its geographic segments include North America, the Middle East, and Other International.
58GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.14
Price
$43.42
GF Value