Lucid Group (LCID) Q3 2025 Revenue Jumps 68% Despite $718M EBITDA Loss

Core Insights - Lucid Group Inc. (NASDAQ:LCID) is currently considered one of the best short squeeze stocks to buy, despite a recent price target reduction from Benchmark from $70 to $30 while maintaining a Buy rating [1] Financial Performance - In Q3 2025, Lucid Group reported a revenue increase of 68% year-over-year, reaching $337 million, and shipped 4,078 vehicles, marking a 47% increase compared to the previous year [3] - The company announced an adjusted EBITDA loss of $718 million despite the revenue growth [3] Corporate Actions - Lucid Group plans to raise $875 million through senior unsecured convertible notes due in November 2031, with an additional $100 million greenshoe option, to fund general corporate operations and repurchase a significant portion of its 1.25% 2026 notes, which have a principal of approximately $756 million for around $752 million in cash [2][1] Company Overview - Lucid Group specializes in luxury electric vehicles, known for high-performance cars and advanced battery technology [4]