Lucid Group, Inc. a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California. Lucid Group, Inc. operates as a subsidiary of Ayar Third Investment Company.
EV Tech Trailblaze | Lucid Group's advanced EV technology sets new benchmarks in battery efficiency and vehicle performance, positioning it as a formidable player in the luxury electric vehicle market |
Financial Crossroads | Despite strong backing from Saudi Arabia's PIF, Lucid faces challenges with negative gross margins and high cash burn, with profitability projected for 2026 |
Market Dynamics | Explore Lucid's strategy to compete against established luxury automakers and EV startups, balancing technological superiority with brand-building efforts |
Future Horizons | Analyst price targets range from $3 to $4, reflecting cautious optimism about Lucid's potential to capitalize on growing EV demand and expand its product lineup |
Metrics to compare | LCID | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipLCIDPeersSector | |
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P/E Ratio | −3.0x | −0.3x | 10.7x | |
PEG Ratio | −0.27 | 0.00 | 0.02 | |
Price/Book | 3.4x | 0.4x | 1.4x | |
Price / LTM Sales | 12.5x | 1.1x | 0.9x | |
Upside (Analyst Target) | −1.3% | 10.0% | 25.6% | |
Fair Value Upside | Unlock | 40.6% | 7.7% | Unlock |