Lucid (US:LCID) Benzinga·2025-11-07 21:11Core Insights - Lucid Group Inc (NASDAQ:LCID) reported disappointing third-quarter 2025 results, missing analyst expectations for both earnings and revenue [1][2] - The company experienced a significant adjusted loss of $2.65 per share, compared to the consensus estimate of a $2.27 loss, with revenue at $336.6 million, also below forecasts [2] - An organizational shakeup was announced to "accelerate growth," including key executive appointments and departures [3][4] Financial Performance - The adjusted loss for the third quarter was $2.65 per share, wider than the expected loss of $2.27 per share [2] - Revenue for the quarter was reported at $336.6 million, falling short of analyst forecasts [2] - Lucid produced 3,891 vehicles and delivered 4,078 vehicles during the third quarter [2] Organizational Changes - Lucid announced the appointment of Emad Diala as senior vice president of Engineering and Erwin Raphael as senior vice president of Revenue [3] - Eric Bach, the senior vice president of Product and Chief Engineer, has left the company [3] Liquidity and Collaborations - The company maintains a strong liquidity position of $5.5 billion, supported by an increased term loan facility [4] - A new collaboration with Nvidia for Level 4 autonomous driving was announced, but there was no update on the 2025 production forecast [4] Market Sentiment - Negative sentiment is impacting Lucid's stock performance, with a reported decline of 3.79% to close at $17.28 [5][6] - Benzinga's Edge Rankings indicate a negative price trend for the stock across short-, medium-, and long-term outlooks [5]