Lucid Group, Inc. (LCID)
UndervaluedFundamental
36
Price
$3.52
Market Cap
$1.25B
Part 1 · What the company is worth
Overview
Lucid Group, Inc., a technology company, designs, develops, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. The company provides Lucid Air sedan and Lucid Gravity SUV. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services. The company is headquartered in Newark, California. Lucid Group, Inc. is a subsidiary of Ayar Third Investment Company.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated with artificial intelligence on September 19, 2026, shared with all users
The Model S and Model X are the direct rivals of the Lucid Air and Gravity, sold to the same US buyers of long-range premium electric cars.
The R1S competes with the Lucid Gravity for the same US customer looking for a large, expensive electric SUV from a young American brand.
The EQS sedan and EQS SUV sit in the same full-size luxury electric segment as the Lucid Air and Gravity, in the US as well as in Europe and the Middle East.
The i7 and iX target the same flagship luxury EV buyer as the Lucid Air and Gravity, and are sold through the same premium dealer channels.
The Taycan disputes with the Lucid Air the buyer of a high-performance electric sedan, the segment where Lucid puts its range and power figures to work.
Balance Sheet & Liquidity
Revenue
$1.55B
Trailing 12 months (through 6/30/2026)
Net Income
$-3.86B
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$-3.80B
Total Equity
$717M
Total Liabilities
$5.39B
Current Ratio
1.14
Interest Coverage
27.49
Debt/EBITDA
-
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$7.39
Current Price
$3.52
Margin of Safety
+52.4%
Fair Value Range
$7.02 - $7.76
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
-
ROE
-376.1%
P/B Ratio
1.76
P/FCF
-
Gross Margin
-96.6%
ROIC
-61.3%
Profitability Radar
Value Creation (Economic Moat)
ROIC
-61.3%
WACC
3.9%
ROIC − WACC
-65.1 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Fundamental Analysis Criteria
Passed (6)
- EPS shows upward trend
- P/B ratio 1.76
- Current ratio
- Interest coverage
- Low reliance on intangibles
- Revenue growth 5Y 220.9%
Failed (13)
- Price CAGR -41.15%
- ROIC -61.2%
- Gross margin -96.6%
- Debt/equity ratio
- Operating margin -263.6%
- Positive free cash flow
- Return on tangible assets
- DCF valuation (Unknown)
- ROE -145.4%
- Earnings surprise, average -27.7%
- Share dilution 3.0%
- Net margin trend -249.2% vs -247.1%
- Piotroski F-Score 2/9
Unavailable (7)
- P/FCF –
- Dividend payout –
- CapEx intensity
- Debt/EBITDA
- Price below Graham Number
- PEG ratio (needs P/E > 0 and growth > 0)
- Earnings quality (operating cash flow / net income)
Piotroski F-Score
Serious financial concerns
Earnings Quality
Low quality: investigate accounting
Share Dilution
Issuing new shares, diluting ownership
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Silvio Napoli | CEO & Executive Director | 60 |
| Mr. Alexander Ignace De Bock | Chief Financial Officer | 48 |
| Mr. Raja Ramana Macha B.E., M.B.A. | Chief Technology Officer | 59 |
| Mr. Maynard Joseph Um | Head of Investor Relations | - |
| Mr. Brian K. Tomkiel | General Counsel, Corporate Secretary, Chief Legal Officer and Senior VP of Legal & Security | - |
| Mr. Nick Twork | Chief Communications Officer | - |
| Ms. Angela Zepeda | Vice President of Global Marketing | - |
| Ms. Gale Halsey | Chief People Officer | - |
| Mr. Derek Jenkins | Chief Creative Officer | - |
| Mr. Faisal Sultan | President of Middle East | - |
Audit Risk
7
Board Risk
7
Compensation Risk
10
Shareholder Rights Risk
6
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-24
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-08-04
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-10-09
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much LCID moves, measured on its daily prices.
More volatile than 99% of the tracked stocks (90-day volatility).
- Volatility 30d
- 69.3%
- Volatility 90d
- 101.9%
- Beta vs S&P 500 (1y)
- 2.32Correlation 0.35
- Max drawdown (12m)
- -83.4%
- ATR (14d, % of price)
- 7.99%
Earnings reactions
How LCID moved around its past quarterly results.
Next earnings release
Nov 9, 2026 · In 16 days · Time not known
EPS estimate: -2.21Revenue estimate: $399M
What usually happens
- Over the last 12 releases the stock moved a median of 6.2% the next day, up or down.
- Next-day moves: up 3, down 9 (out of 12).
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Aug 4, 2026 | After the close | -2.51 | -3.30 | -31.7% | -10.7% | -13.9% | -13.9% |
| May 5, 2026 | After the close | -2.71 | -3.46 | -27.8% | -6.1% | -1.0% | -3.8% |
| Feb 24, 2026 | After the close | -2.66 | -3.62 | -36.1% | -1.2% | +3.6% | +1.9% |
| Nov 5, 2025 | After the close | -2.30 | -2.65 | -15.4% | +2.8% | +4.2% | -3.8% |
| Aug 5, 2025 | After the close | n/a | n/a | n/a | -7.4% | -9.7% | -6.2% |
| May 6, 2025 | After the close | n/a | n/a | n/a | -0.4% | -3.4% | +13.7% |
| Feb 25, 2025 | After the close | n/a | n/a | n/a | -6.3% | -13.6% | -19.5% |
| Nov 7, 2024 | After the close | n/a | n/a | n/a | +5.9% | -0.5% | -6.3% |
| Aug 5, 2024 | After the close | n/a | n/a | n/a | +12.2% | +3.0% | -3.3% |
| May 6, 2024 | After the close | n/a | n/a | n/a | -8.2% | -14.1% | -7.9% |
| Feb 21, 2024 | After the close | n/a | n/a | n/a | -8.0% | -16.8% | -12.7% |
| Nov 7, 2023 | After the close | n/a | n/a | n/a | -5.6% | -8.1% | -3.0% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on LCID and what the price did next.
- 10/23/2026NegativeAzioni Lucid a rischio, ma non si può escludere uno short squeeze
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 7/14/2026NegativeLucid denies bankruptcy talk, but the stock still sinks to a record low
- +1 day
- +28.4%
- +3 days
- +60.4%
- 6/19/2026PositiveWall Street expects Tesla rival to surge 90% despite cash crunch
- +1 day
- -3.4%
- +3 days
- -2.1%
- 6/18/2026PositiveLucid Stock Gains On 2027 Robotaxi Expansion Plans: What Investors Need To Know
- +1 day
- +3.5%
- +3 days
- +2.0%
- 6/11/2026PositiveLucid Stock Is Rebounding Thursday: What's Going On?
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 6/10/2026NegativeLucid Stock Hits New All-Time Low: What's Driving The Action?
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 5/12/2026NegativeLucid Stock Struggles As Revenue Miss Overshadows 2027 Pivot
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 4/17/2026NegativeLucid Group Stock Hits All-Time Low As Dilution Fears Grow
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 4/14/2026NegativeHeadline no longer in the latest news feed
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for LCID.
- 1d agoNEGATIVEAzioni Lucid a rischio, ma non si può escludere uno short squeeze
Lucid Group's stock has plummeted 67% year-to-date and 82% over the past twelve months, with its market capitalization shrinking to $1.36 billion. Despite management's assurances of sufficient liquidity to operate through next year, the company has faced intense pressure, including rumors of potential bankruptcy or privatization. While the downward trend may continue, a significant increase in short interest suggests the possibility of a short squeeze. Investors are closely monitoring the company's cash burn and production targets amidst ongoing market skepticism.
- 7/14/2026NEGATIVELucid denies bankruptcy talk, but the stock still sinks to a record low
Lucid Group Inc. experienced extreme volatility, with its stock plummeting over 50% intraday before recovering substantially. This dramatic price action followed unsubstantiated bankruptcy rumors. The electric vehicle manufacturer officially denied these rumors, stating they were 'completely false.' Despite the denial, the stock closed at a record low, reflecting persistent investor concerns about the company's financial stability and future prospects. The market's initial reaction highlights the sensitivity of EV stocks to negative speculation and the ongoing challenges Lucid faces in scaling production and achieving profitability.
- 6/19/2026POSITIVEWall Street expects Tesla rival to surge 90% despite cash crunch
Despite significant financial challenges and a 99% decline from its all-time highs, Lucid Group is attracting positive attention from Wall Street analysts. The electric vehicle maker, currently valued at a $2 billion market cap, is expected by some analysts to surge as much as 90%. This optimistic outlook suggests that the recent sell-off may have overextended, presenting a potential contrarian buying opportunity for investors who believe in Lucid's long-term prospects in the competitive EV market.
- 6/18/2026POSITIVELucid Stock Gains On 2027 Robotaxi Expansion Plans: What Investors Need To Know
Lucid Group Inc. (NASDAQ: LCID) stock experienced a premarket surge following the announcement of its strategic expansion into the robotaxi service sector, with plans slated for a 2027 launch. This forward-looking initiative signals a significant diversification beyond its current electric vehicle manufacturing focus, aiming to tap into the burgeoning autonomous mobility market. Investors are interpreting this move as a potential catalyst for future revenue streams and market share growth, despite the inherent risks and capital requirements associated with developing and deploying such a service. The market's positive reaction underscores a renewed optimism in Lucid's long-term vision and its capacity for innovation.
- 6/11/2026POSITIVELucid Stock Is Rebounding Thursday: What's Going On?
Lucid Group Inc. shares are experiencing a notable rebound on Thursday, attempting to recover from recent 52-week lows. This upward movement appears to be driven by a broader return of risk appetite in the market, which is benefiting speculative assets like electric vehicle manufacturers. Investors are watching closely to see if this momentum can be sustained, potentially signaling a turning point for the EV maker after a period of significant price depreciation. The recovery suggests a potential shift in sentiment, offering a glimmer of hope for shareholders.
- 6/10/2026NEGATIVELucid Stock Hits New All-Time Low: What's Driving The Action?
Lucid Group's stock plunged to a new all-time low on Wednesday, as traders liquidated positions near the 52-week lows. This downward pressure is exacerbated by a general risk-off sentiment in the broader market. The electric vehicle manufacturer has been struggling with production targets and increasing competition, leading to significant investor concern. The continued decline suggests a lack of confidence in the company's near-term prospects and its ability to navigate the challenging automotive landscape.
- 6/9/2026NEUTRALLucid Shares Trade Near 52-Week Lows: Is The Bottom In?
Lucid Group's stock is trading near its 52-week lows, showing a slight uptick on Tuesday as it attempts a recovery. This comes amidst a broader market downturn, with the Nasdaq-100 falling nearly 2% and the S&P 500 slipping 0.45%. The company's share price has been under pressure, prompting questions about whether the current levels represent a potential bottom. Investors are closely monitoring Lucid's ability to navigate market challenges and demonstrate sustainable growth prospects.
- 5/12/2026NEGATIVELucid Stock Struggles As Revenue Miss Overshadows 2027 Pivot
Lucid Group Inc. (NASDAQ: LCID) experienced a stock decline as its latest revenue figures fell short of expectations, a significant concern amidst a backdrop of cooling electric vehicle (EV) demand. The company's forward-looking pivot towards 2027 appears insufficient to offset current market pressures. Investors are weighing the persistent headwinds against the long-term strategy, with the revenue miss casting a shadow over the company's immediate financial health and market position. This development underscores the challenges in the competitive EV sector.
- 5/5/2026NEUTRALFull Transcript: Lucid Group Q1 2026 Earnings Call
Lucid Group held its Q1 2026 earnings call on May 5, 2026. The transcript of this call is now available. While specific financial results and forward-looking statements are not detailed in the provided information, the release of the full transcript allows investors and analysts to scrutinize management's commentary on production, deliveries, financial health, and strategic initiatives. This transparency is crucial for assessing the company's trajectory and future prospects in the competitive electric vehicle market.
- 4/17/2026NEGATIVELucid Group Stock Hits All-Time Low As Dilution Fears Grow
Lucid Group Inc. shares plunged to a new all-time low on Friday, reflecting heightened investor concerns regarding the electric vehicle maker's financing strategy and leadership stability. The continuous decline suggests that market participants are increasingly worried about potential dilution from future capital raises needed to fund operations and expansion. This sentiment, coupled with ongoing leadership reassessments, signals significant headwinds for the company's stock performance, prompting a re-evaluation of its investment profile.