It's time to size up the stock after Lucid's Q4 deliveries topped Wall Street's expectations.Upstart electric vehicle company Lucid Group (LCID -6.64%) recently announced Q4 vehicle production and deliveries that surpassed expectations. Additionally, the company just started deliveries for its second model, a premium SUV, and intends to launch a mainstream (cheaper) product in late 2026.Investors hope these developments can fuel a rebound for a stock that peaked at nearly $60 per share a few years ago, but ...

Investors in Lucid Group (LCID -5.59%) are feeling nervous. The electric vehicle (EV) stock fell further today, dropping to a low of 6.6% in early-morning trading. Lucid shares were still trading 5% lower as of noon ET Wednesday.Lucid reported record quarterly deliveries earlier this month and is about to open bookings for its Gravity SUV for customers in Canada. Yet investors fear the EV maker could face growth challenges under the Trump administration.President Donald Trump could slam the brakes on this i ...

The wider market saw significant dips starting with mid-December — and short sellers have taken notice. Resurgent inflation worries, higher yields, an unexpectedly strong labor market, and decreasing odds of continued rate cuts culminated in the S&P 500 erasing roughly $2.5 trillion in value over the course of a month.Those concerns have slightly cooled as of late — December’s Consumer Price Index (CPI) inflation data came in slightly better than expected — and strong earnings in the banking sector coupled ...

Lucid Gravity Touring will start at $113,5001 CDN with Grand Touring starting at $134,5001 CDNNEWARK, Calif., Jan. 16, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced Canadian pricing for the groundbreaking Lucid Gravity SUV. The Lucid Gravity Touring will be priced from $113,5001 CDN, while the Lucid Gravity Grand Touring will start at $134,5001 CDN. Orders for the Lucid Gravity Grand Touring model, offering 828 horsepower and a p ...

Core Viewpoint - Lucid Motors has faced significant volatility in its stock price since its IPO in 2021, struggling to maintain upward momentum despite backing from Saudi Arabia's Public Investment Fund (PIF) [1] Company Performance - Lucid Motors failed to meet its H1 2024 delivery targets by 90%, raising concerns about share dilution due to PIF's investment, which were acknowledged by the CEO [2] - In Q3, the company also did not meet production estimates, contributing to negative sentiment around the stock [2] - Throughout 2024, Lucid's stock price declined by 28%, although it experienced a brief recovery in December with a 41.78% increase from $2.13 to $3.02 following the announcement of production for the Gravity SUV [3] - However, this recovery was short-lived, with the stock price dropping below $3 again by January 13, currently trading at $2.96 [4] Market Sentiment - The stock has attracted significant interest from short sellers, with the short volume ratio rising from 49.42 on January 10 to 59.79 on January 13, indicating strong bearish sentiment [6] - As of January 15, 18.51% of the stock's float has been sold short, and it would take short sellers approximately 3.14 days to cover their positions [6] Macroeconomic Factors - The recent decline in Lucid's stock price and increased short interest cannot be attributed to a single company-specific issue; rather, it is influenced by broader macroeconomic factors such as inflation concerns and reduced expectations for interest rate cuts [9] Future Outlook - Despite the recent challenges, Lucid's fundamental outlook remains stable, with Q4 production and delivery figures exceeding analyst estimates and achieving a production target of 9,000 vehicles for the year [10] - However, Wall Street's average price target for Lucid stock is currently $2.91, reflecting a slight downside and a lack of confidence in the stock's recovery [11]

One highlight of January’s Consumer Electronics Show (CES) was the unveiling of the partnership between Lucid Group Inc. NASDAQ: LCID and SoundHoundAI Inc. NASDAQ: SOUN. The partnership will integrate SoundHound's Chat AI into a proprietary Lucid Assistant.  The announcement was made in early January, but CES was the first time consumers and investors got to see the partnership in action.SoundHound’s technology will allow the Lucid Assistant to respond to the prompt “Hey Lucid” in the same way that consumer ...

Most electric vehicle (EV) stocks saw their share prices swing wildly in 2024. Some companies saw their valuations soar, while others experienced sharp declines. Following a roller-coaster year, two EV stocks in particular now look like bargains.The two companies below clearly have sizable upside potential. But you'll want to understand the risks involved before jumping in.This EV stock should double its sales in 2025If you're looking for maximum growth, get acquainted with Lucid Group (LCID -1.66%).Lucid i ...

Core Viewpoint - Lucid Motors' stock performance has been disappointing despite significant backing from the Saudi Public Investment Fund and various partnerships aimed at revitalizing the business, with the stock ending 2024 down 27.23% at $3.02 [1] Group 1: Stock Performance - The start of 2025 has shown minimal improvement, with shares rising only 0.17% to $3.03 as of January 2 [2] - The average 12-month price target for Lucid Motors is $2.91, which is 4.28% below the current price [4] - The highest forecast predicts a 32% increase to $4 over the next 52 weeks, but overall sentiment remains neutral [5][3] Group 2: Analyst Ratings - Current ratings include one 'buy', two 'sell', and six 'hold' ratings, indicating a cautious outlook from analysts [4] - CFRA's Garrett Nelson has downgraded the stock from 'sell' to 'strong sell', with a price forecast of $1, citing high cash burn and low demand [8] - Morgan Stanley's Adam Jonas and Cantor Fitzgerald's Andreas Sheppard both maintain a price target of $3, with Jonas reiterating a 'sell' rating [9][11] Group 3: Market Concerns - Analysts express concerns over the high cash burn rate and low demand for Lucid vehicles, even after price cuts [8] - The removal of some EV incentives and the high price of Lucid vehicles are also factors affecting market sentiment [10]

Company Overview - Lucid Group has a market cap of less than $10 billion, significantly lower than Tesla's $1 trillion market cap [1] - The company delivered 71% more vehicles last quarter compared to the previous year, following a 90% jump from the previous quarter [1] Financial Performance - Lucid Group's sales have increased by 16,300% since 2021 [4] - Despite the sales growth, investors have lost roughly 89% of their initial investment, with a $50 investment now worth about $5 [4] Market Perception - The price-to-sales multiple for Lucid has slipped by more than 99% since 2021 [5] - The market had initially priced too much hype into the stock, leading to overvaluation in 2021 [6] Investment Perspective - The stock is now trading at a deep discount compared to its past, potentially offering better opportunities for new investors [7] - The importance of valuation is highlighted, as investment returns are ultimately a reflection of the price paid [6]

Company Overview - Lucid (LCID) is an electric vehicle (EV) company that launched its premium sedan, the Lucid Air, in late 2021, which won MotorTrend's Car of the Year award in 2022 [1] - The company is expected to produce only 9,000 vehicles in 2024, reflecting slow production ramp-up [1][2] - Lucid's stock has declined 28% in 2024 and is 94% below its early 2021 highs [3] Product Strategy - Lucid's second vehicle, the premium electric SUV Lucid Gravity, began deliveries in December 2023, with the Grand Touring version priced at $94,900 and the Touring model at $79,900 [4] - The Gravity is expected to appeal to the same high-end consumer niche as the Air, limiting its short-term impact on sales volumes [4] - If Gravity sales match the Air, production volumes could double to around 18,000 units in 2025 [5] - Lucid is developing a mid-size SUV priced under $50,000, expected to enter production in late 2026, targeting a broader consumer base [8] Financial Performance - Lucid's revenue for 2024 is estimated at $768 million, with potential to double in 2025 due to Gravity sales [6] - The company reported gross losses of nearly $1 billion and a cash burn exceeding $2.8 billion, driven by high operational costs and low production volumes [7] - Lucid's financials are unlikely to improve significantly until the mid-size SUV launches, as current premium products do not generate sufficient sales volumes [7][8] Market Position and Valuation - Lucid's premium pricing strategy limits its market appeal, with the Air and Gravity targeting a niche high-end consumer base [2][4] - Tesla, a key competitor, produced approximately 1.77 million vehicles in 2024, primarily lower-priced Model Y and Model 3s aimed at mainstream consumers [5] - Lucid's enterprise value is over five times its 2025 revenue estimates, compared to Rivian's 3 times and Toyota's 1.4 times, making its stock relatively expensive [11] - The company's share count has nearly doubled since 2021, diluting per-share profits and reducing stock upside [10] Investor Considerations - Lucid's slow volume growth and high cash burn make its stock vulnerable to downside risk, particularly if Wall Street reevaluates its premium valuation [12] - The company continues to receive financial backing from Saudi Arabia's Ayar Third Investment Co, ensuring its ability to deliver vehicles to market, though this does not guarantee returns for common shareholders [9] - A potential rebound in Lucid's stock is unlikely until the company achieves gross profitability, provides strong volume guidance, and nears the launch of its mid-size SUV [12]