2 Reasons Lucid Group Stock Is a Buy Before August

Core Viewpoint - Lucid Group's stock has declined approximately 30% since the beginning of 2025, but there are two key catalysts that could present a buying opportunity if positive updates are released in the upcoming earnings report in August [1] Group 1: Growth Catalysts - Lucid is planning to introduce a new affordable vehicle lineup, with production expected to start in late 2026, which could significantly expand its customer base by making EVs accessible to the masses [3] - The company aims to unveil three new mid-sized vehicles priced under $50,000, which could allow it to compete directly with Tesla [4] - Lucid's Gravity SUV platform has been launched, tapping into a rapidly growing segment of the passenger vehicle market, with 75% of orders coming from new customers [6] Group 2: Sales Expectations - Analysts project a 73% increase in sales for Lucid in 2025, followed by a 96% growth in 2026, primarily driven by the sales momentum of the Gravity SUV [7] - The Gravity SUV's direct competitor is Tesla's Model X, which sells around 4,000 units per quarter, while Lucid sold only 50 Gravity vehicles last quarter, indicating significant growth potential [8] Group 3: Management Optimism - Lucid's management has expressed strong optimism regarding the sales potential of the new vehicles, with the current CEO highlighting the impressive design and anticipated customer reception [4] - The former CEO referred to the mass-market vehicles as a "landmark product," emphasizing their importance in the company's strategy to compete with Tesla [4]