Key Points The struggling EV maker has been traveling a tortuous path. One expert believes Lucid shares could fall by 50% next year. Another, more optimistic analyst says shares are a strong buy. 10 stocks we like better than Lucid Group › Wall Street analysts don't know what to make of Lucid Group (NASDAQ: LCID) stock. Some are predicting 50% downside over the next 12 months, while others think shares could nearly triple in value. What's the truth? Let's look at two expert predictions. This ana ...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of Lucid Group, Inc. (NASDAQ: LCID) breached their fiduciary duties to shareholders. If you currently own Lucid stock and are a long-term shareholder, you may be able to seek corporate governance reforms, the return of funds back to the company, a court-approved financial incentive award, or other relief and benefits. Please click here to learn more about your legal. ...

Core Viewpoint - Lucid Group, a luxury electric vehicle manufacturer, has faced significant challenges since its public debut, including overpromising on vehicle deliveries and struggling with competition and supply chain issues, leading to a substantial decline in stock price [1][2][5]. Company Performance - Lucid's stock opened at $25.24 and peaked at $57.75 shortly after going public, but has since fallen to just under $20, with a reverse stock split conducted to manage the decline [1][2]. - The company initially projected deliveries of 20,000 vehicles in 2022, 49,000 in 2023, and 90,000 in 2024, but actual deliveries were only 4,369 in 2022, 6,001 in 2023, and 10,241 in 2024 [3][5]. - As of the latest quarter, Lucid reported a market cap of $6 billion and a gross margin of -9926.30% [7]. Future Outlook - Lucid plans to ramp up production with the Gravity SUV and aims to deliver 18,000 to 20,000 vehicles in the current year, alongside a partnership with Uber for deploying autonomous vehicles [8][10]. - The company is set to launch a new lower-priced SUV, the Lucid Earth, in 2026, which could enhance its competitiveness against Tesla [9]. - Analysts project Lucid's revenue to grow from $808 million in 2024 to $4.87 billion by 2027, with expectations of narrowing net losses from $3.06 billion to $1.79 billion in the same period [11][12]. Investment Sentiment - Supporters of Lucid believe that new models and partnerships will attract customers and that backing from Saudi Arabia's Public Investment Fund will aid in production expansion [7][10]. - Critics argue that scaling operations in a saturated market will be challenging, especially without the early advantages that competitors like Tesla had [13][14]. - The company needs to deliver over 8,500 vehicles in the fourth quarter to meet its annual forecast, which presents a significant challenge [16].

Core Viewpoint - A rivalry is developing between Tesla and Lucid in the competitive automotive industry, with indications of consumers shifting from Tesla to Lucid [1][4]. Group 1: Rivalry and Market Dynamics - Lucid's CEO noted an increase in consumers leaving Tesla for Lucid, particularly in Europe and the U.S., highlighting that buyers are actively seeking alternatives [4]. - Lucid engaged in light trolling of Tesla by promoting its vehicles through social media, suggesting that AI platforms favor Lucid's offerings over Tesla's [2][3]. Group 2: Performance and Deliveries - Lucid has achieved seven consecutive quarters of rising deliveries, with 4,078 vehicles delivered in the third quarter and nearly 5,000 vehicles manufactured, marking a record for the company [5][6]. - The 2025 Lucid Air is recognized as the most efficient luxury electric vehicle, with an EPA-estimated efficiency of 5 miles per kilowatt-hour [3].

Core Insights - Lucid Group, Inc. has announced a collaboration with NBA stars Jalen Brunson and Josh Hart to enhance its marketing campaign, which emphasizes a commitment to excellence and innovation [1][2][3] - The campaign will launch with prominent advertisements and social media activations coinciding with the New York Knicks' home opener on October 22 [1][2] - The partnership aims to connect Lucid's brand with cultural moments in sports, fashion, music, and film, reinforcing its mission of uncompromising quality [2][3] Company Overview - Lucid Group is a technology company based in Silicon Valley, focused on producing advanced electric vehicles (EVs) [4] - The company’s flagship models, the Lucid Air and Lucid Gravity, are noted for their high performance, sophisticated design, and energy efficiency [4] - Lucid operates a vertically integrated factory in Arizona for vehicle assembly, showcasing its commitment to innovation in EV technology [4]

Core Insights - Lucid's stock has decreased by 81% over the past three years despite winning the German Car of the Year award for its Air Sapphire sedan [1] - The electric vehicle (EV) industry is facing challenges due to the loss of federal tax credits and a shift towards hybrid vehicles, impacting companies like Rivian as well [2] Group 1: Vehicle Production and Sales - Lucid's Q2 2025 results showed significant improvements with sales reaching $259.4 million, a 72% increase from $151 million in Q2 2024 [4] - Vehicle production increased to 3,863 units, an 83% rise from 2,100 units in the previous year, while vehicle deliveries rose to 3,309, a 38% increase from 2,392 [4] - The company has started producing its Gravity SUV and plans to launch new models, including the Lucid Earth, a mid-size SUV priced around $48,000, which could further boost production and sales [6][7] Group 2: Profitability Outlook - Despite the increase in vehicle production and sales, Lucid is not expected to achieve profitability in the near term, reporting a loss of $0.24 per share in Q2, an improvement from a loss of $0.34 in the same quarter last year [9] - Investors should be cautious about expecting significant share price gains in the coming years as the company continues to face financial challenges [8]

Core Insights - Experts are warning that electric vehicle stocks such as Rivian, Lucid Group, and Tesla will face significant challenges due to the loss of automotive regulatory credits by 2026, which previously provided billions in profit [1] - Demand for electric vehicles is projected to decline sharply in 2026, with sales expected to drop significantly in the last quarter of 2025 and remain sluggish thereafter [2][6] - The expiration of U.S. tax credits for EV purchases at the end of September has led to a rush in consumer purchases, which may result in a demand slump in the following quarters [3][5] Industry Impact - The elimination of tax credits previously reduced the cost of EVs by up to $7,500, making them more affordable for consumers, with a significant portion of buyers preferring vehicles under $50,000 [4] - Historical data from other countries shows that demand for EVs fell sharply when subsidies were reduced or eliminated, indicating a potential similar trend in the U.S. market [5] Company-Specific Analysis - Despite the anticipated challenges, long-term EV adoption is expected to rise, suggesting that companies like Rivian, Tesla, and Lucid should not be abandoned by investors [7] - Tesla is positioned to be less affected by the loss of tax credits due to its reliable access to capital, allowing it to continue investing in growth opportunities such as robotaxis and a more affordable $30,000 model [8]

Core Viewpoint - Lucid Group is facing significant challenges, including lower-than-expected deliveries and ongoing cash burn, which may dilute the potential gains from the upcoming Gravity SUV launch [1][5][12] Group 1: Delivery and Production Challenges - Lucid Group reported a total of 4,078 vehicle deliveries in the last quarter, marking a nearly 47% increase year-over-year, but this figure fell short of investor expectations [5] - The company is struggling to scale production and deliveries, failing to position itself as a competitor to Tesla, which holds a 43.1% market share in the U.S. EV market [4][5] - Concerns exist that EV buyers may have rushed purchases ahead of the expiration of the U.S. EV tax credit, potentially leading to decreased sales in upcoming quarters [6] Group 2: Financial Health and Cash Burn - Lucid's cash burn remains high, with net cash used in operating activities totaling $1.25 billion in the first half of 2025 [7] - The company relies heavily on its majority owner, the Public Investment Fund (PIF) of Saudi Arabia, which owns over 60% of Lucid and has been increasing its stake by purchasing newly issued equity and debt [8] - Recent funding from Uber Technologies, amounting to $300 million, may indicate a shift away from PIF's significant investments, suggesting Lucid will need to seek additional funding sources [9][10] Group 3: Future Prospects and Catalysts - Lucid is set to begin deliveries of the Gravity SUV next year, which could target a broader market and help the company achieve consistent profitability if successful [12] - However, the potential for shareholder dilution may overshadow the benefits of the Gravity launch, as further dilution could reduce the per-share value despite any increase in total company value [13] - The interim CEO indicated that the company's cash position will only last until the second half of 2026, necessitating further capital raises to extend operational viability [11]

Core Insights - Lucid Group, Inc. has opened two new Studio and Service Center locations in San Jose and San Diego, California, to enhance customer experience and support its growing customer base [1][4][5] Group 1: New Locations - The San Jose Studio and Service Center is located at 250 Stockton Ave., in downtown San Jose, and had its grand opening on October 11, 2025 [2][4] - The San Diego Studio and Service Center will officially open on November 8, located at 4141 Ruffin Road, just minutes from Highway 15 [3][5] Group 2: Customer Demand and Expansion - Customer demand for Lucid vehicles is increasing, driven by recognition of their performance, range, and design [4] - Lucid plans to expand its retail footprint across the U.S., aiming to provide exceptional customer experiences [4] Group 3: Company Overview - Lucid is a Silicon Valley-based technology company focused on creating advanced electric vehicles, including the award-winning Lucid Air and the new Lucid Gravity [7] - The company assembles its vehicles in a vertically integrated factory in Arizona, emphasizing industry-leading technology and innovations [7]

Core Insights - Lucid Group has commenced deliveries of the Lucid Gravity in Canada, which has generated significant anticipation in the market [1][2] - The Lucid Gravity Grand Touring features dual electric motors with 828 horsepower, capable of accelerating from 0-100 km in 3.6 seconds, and offers a projected range of over 720 km on a single charge [3][8] Product Features - The Lucid Gravity can accommodate up to seven adults and their luggage, providing nearly 3,400 litres of cargo space [3][8] - It utilizes innovative technology allowing for seamless charging at up to 400 kW on 1000V charging equipment and sustained speeds of up to 225 kW on 500V architecture fast chargers, including Tesla V3 Superchargers [4][8] - The starting price for the Lucid Gravity Grand Touring is $134,500 CAD, which includes various fees but excludes federal luxury tax and sales tax [7][8] Company Overview - Lucid Group is a Silicon Valley-based technology company focused on producing advanced electric vehicles, including the award-winning Lucid Air and the new Lucid Gravity [6] - The company assembles its vehicles in a vertically integrated factory located in Arizona, emphasizing its commitment to innovative EV technology [6]