Lucid Group, Inc.

Lucid Group, Inc.

LCID·NASDAQ

$6.17

-14%
Consumer CyclicalAuto - Manufacturers

Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.

At a Glance

Live Snapshot
Market Cap$1.96B
EPS-5.5000
P/E Ratio-1.22
Earnings Date08/04/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -1.2).

Valuation inputs: P/E -1.2, earnings yield N/A, momentum -14.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -3.8%, ROIC -53.8%).

Profitability stack: net margin -2.0%, ROE -3.8%, ROIC -53.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +91.4%, momentum -14.0%, net margin -2.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

lcid

Lucid Group, Inc. Market vs Earnings Trajectory

LCID · NASDAQ

Loading price and EPS data...

Lucid Group, Inc.

Lucid Group, Inc. Fair Value Envelope

LCID · NASDAQ

Our analysis suggests that LCID has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $6.17, this represents a potential HIDDEN relative to our calculated worth for Lucid Group, Inc..

Intrinsic Value
Current Price: $6.17
3Y-29.0%
5Y-98.0%
10Y-95.0%
3Y+123.0%
5Y+33949.0%
10Y+29394.0%
3Y+107.0%
5Y+275.0%
10Y+873.0%
3Y+33.0%
5Y+419.0%
10Y+1158.0%
3Y+16.0%
5Y+272.0%
10Y+1027.0%
3Y+6.0%
5Y+498.0%
10Y+1347.0%
Lucid Group, Inc.

Lucid Group, Inc. Profit Bridge

LCID · NASDAQ
Revenue1.35B
Cost of Goods Sold (2.61B)
Gross Profit-1.26B
Operating Expenses (2.25B)
Operating Income-3.50B
Interest Expense (95.10M)
Other Income/Expense801.37M
Pretax Income-2.70B
Income Tax (-2.33M)
Net Income-2.70B
Net Income
-2.70B

Profitability Analysis

Gross Margin

-92.8%

Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.

Operating Margin

-258.7%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-199.3%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

-92.81%
Gross Profit Margin
-19%
3Y-46.0%
5Y-507.0%
10Y-742.0%
-258.66%
Operating Profit Margin
-31%
3Y-39.0%
5Y-98.0%
10Y-95.0%
-199.30%
Net Profit Margin
-41%
3Y-7.0%
5Y-99.0%
10Y-97.0%
-376.15%
Return on Equity
437%
3Y+1154.0%
5Y-790.0%
10Y+517.0%
-32.17%
Return on Assets
14%
3Y+94.0%
5Y-37.0%
10Y-33.0%
-53.77%
Return on Invested Capital
54%
3Y+45.0%
5Y+9.0%
10Y+7.0%
LCID

Lucid Group, Inc. Cash Conversion Engine

LCID · NASDAQ
Net Income-2.70B
Depreciation & Amortization486.71M
Stock-Based Compensation271.27M
Change in Working Capital-1.09B
Others66.47M
Capital Expenditures-868.16M
Free Cash Flow-3.83B

Cash Flow Quality Analysis

FCF Conversion Rate

141.9%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-29.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-31.8%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$1.09B

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

lcid

Lucid Group, Inc. Funding & Solvency Profile

LCID · NASDAQ
Cash & Cash Equivalents700.36M
Net Receivables131.24M
Inventory1.47B
Other Current Assets456.22M
Total Current Assets3 B
Property, Plant & Equipment4.29B
Goodwill & Intangible Assets0.00
Long-Term Investments13.62M
Other Non-Current Assets425.70M
Total Non-Current Assets5 B
Total Assets
7.48B

Financial Health Analysis

Current Ratio

1.02x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

2.67x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

62 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

37% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

lcid

Lucid Group, Inc. Street Expectations Map

LCID · NASDAQ

Wall Street analysts project that LCID stock may see slight declines over the coming 12 months. The consensus 1-year price target stands at 6.00, with estimates ranging from a low of 3.00 to a high of 10.00.

Lowest Target
3.00
-51.38%
Consensus Target
6.00
-2.76%
Highest Target
10.00
62.07%

The consensus 1-year price target stands at 6.00, with estimates ranging from a low of 3.00 to a high of 10.00.

Analyst Consensus Analysis

Upside Potential

-2.8%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

116.7% spread

High uncertainty. Very wide target spread indicates significant disagreement among analysts—major valuation uncertainty or transformation underway.

Risk-Reward Profile

1.21x

Balanced risk-reward. Upside and downside potential relatively symmetric. Suitable for moderate risk tolerance with conviction in thesis.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuation—proceed with caution and independent analysis.

Market Sentiment Insight

Extreme uncertainty: Massive dispersion in price targets reflects fundamental disagreement on business trajectory. This could signal transformation, disruption, or complex valuation—requires deep sector expertise and contrarian mindset.

lcid

Lucid Group, Inc. Insider Positioning

LCID · NASDAQ

During the last 12 months, insiders have purchased $16 worth of LCID shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

1

16.00

Sold

0

0.00

Net Activity

+16

+$16

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
PIF

Public Investment Fund

Director, 10 Percent Owner:

1 shares1 transactions

$16

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $16 net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Insider Participation

High Buying

1 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Unanimous insider buying: Zero selling combined with active buying is rare and typically very bullish. Insiders appear to see significant upside with limited downside risk.

No Dividend Yield Data

LCID has not reported any dividend yield values in the available annual periods.

 

lcid Dividend History

LCID
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%