Where Will Lucid Stock Be in 5 Years? [Yahoo! Finance]
Lucid Group, Inc. (LCID)
Company Research
Source: Yahoo! Finance
The electric vehicle (EV) maker's top-line growth has stalled while losses are widening a terrible combination for business success. But despite these challenges, Lucid makes great cars capable of going toe-to-toe with the best in the industry. The next five years will determine if that is enough to resuscitate the stock. Lucid's third-quarter revenue rose 45% year over year to $200 million, which looks good on the surface. But when you dig a little bit deeper, you'll notice that there isn't a clear growth trend. Sales are down slightly from the $200.5 million reported in the second quarter, and only up slightly from the $195 million in Q3 2022 -- a full two years ago. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » The company's operating losses also continue to deepen, reaching $770.5 million in the third quarter versus $687.5 million in the same period two years earlier while revenue only increased by 2.3% in the sam
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LCID
News
- Should You Buy Lucid Stock While It's Trading Below $3? [Yahoo! Finance]Yahoo! Finance
- Three Reasons to Avoid LCID and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- Lucid Group to Participate in the Nasdaq 51st Investor Conference [Yahoo! Finance]Yahoo! Finance
- Lucid Group to Participate in the Nasdaq 51st Investor ConferencePR Newswire
- Unpacking Q3 Earnings: Lucid (NASDAQ:LCID) In The Context Of Other Automobile Manufacturing Stocks [Yahoo! Finance]Yahoo! Finance
LCID
Earnings
- 11/7/24 - Beat
LCID
Sec Filings
- 12/9/24 - Form 4
- 12/9/24 - Form 4
- 12/9/24 - Form 4
- LCID's page on the SEC website