Lucid Group, Inc. (LCID)
Lucid Group is a luxury electric vehicle manufacturer focused on high-performance cars with long-range battery technology.
Is Lucid Group, Inc. a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: High-end technology and industry-leading range capabilities. Worth weighing: Significant ongoing financial losses.
Is this normal for this company?
Each figure against the range this same company has produced recently. Neither end of a range is the good end.
Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.
How these ranges are built
Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.
What does Lucid Group, Inc. do?
Lucid designs and builds premium electric cars, aiming to compete at the top end of the market with advanced engineering. Direct sales of these vehicles to customers are the revenue source, though they are currently in a phase where they spend significantly more on production and development than they bring in from sales. Much depends on their ability to scale up production and manage their cash reserves while trying to reach profitability.
On our factor screen it looks strongest on growth and value, and weakest on quality.
- !Pays no dividend - the whole return rides on the share price
- ✓Growing - revenue up about 56% over the year
- !Carries a lot of debt - roughly 2.0x its equity
- Value screens high
- Growth screens high
- Quality screens low
- Momentum screens low
- Income screens low
Does Lucid Group, Inc. pay a dividend?
No - Lucid Group, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.
Does Lucid Group, Inc. have more cash or more debt?
It holds about $761.31M in cash against about $3.66B of debt - so it has net debt of about $2.90B. Debt is not automatically a problem - it funds growth - but it has to be serviced and repaid, which matters more when profits wobble.
From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.
What do Lucid Group, Inc.'s numbers mean?
How has it performed?
Growth of £1,000, the worst fall, and year by year
Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Lucid Group, Inc. actually fallen?
Over the last 2 years of daily prices, Lucid Group, Inc. fell as much as −90% from a high to a later low. Falls like this are normal when you own a share.
Past falls are not a forecast - it can fall further, or recover.
How has it done year by year?
Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.
A closer look at the numbers
Ownership, earnings history, where the money goes, and the outlook range
Does the share price tell you if it's cheap or expensive?
Who owns Lucid Group, Inc.?
About 64% of Lucid Group, Inc., or about 64 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 15%. The rest, roughly 20%, is held by the public and smaller investors.
What this does and doesn't tell you
This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
How much money does Lucid Group, Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
When does Lucid Group, Inc. report earnings, and how did recent quarters go?
Lucid Group, Inc. is next scheduled to report on about 2026-11-04 - dates can move, and we don't predict results; this just tells you when to look.
‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-05-05 | $-2.30 | $-2.82 | Missed -23% |
| 2026-02-24 | $-2.67 | $-3.08 | Missed -15% |
| 2025-11-05 | $-2.20 | $-2.65 | Missed -21% |
| 2025-08-05 | $-2.17 | $-2.40 | Missed -11% |
| 2025-05-06 | $-2.33 | $-2.00 | Beat +14% |
| 2025-02-25 | $-2.85 | $-2.20 | Beat +23% |
Across the last 6 quarters here, Lucid Group, Inc. came in ahead of what analysts expected 2 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Where these figures come from
Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.
What are the scenarios for Lucid Group, Inc.?
An illustrative range for the year ahead — not a prediction or a price target.
What are the pros, cons and common questions?
The case each way, and the questions people ask
Achieving consistent positive cash flow and mass-market adoption
Failure to achieve scale leading to long-term financial distress
What are the pros and cons of Lucid Group, Inc.?
A balance check, not a score or verdict.
- High-end technology and industry-leading range capabilities
- Strong backing from major institutional investors
- Growing revenue base as production ramps up
- Significant ongoing financial losses
- High cash burn rate requiring constant funding
- Intense competition from established luxury and EV brands
- Potential for future share dilution if more capital is raised
- Sensitivity to global supply chain disruptions
- Risk of failing to meet production targets for new models
The write-up's own warning lights — if these start happening, the case above changes.
- The company achieving a positive net margin
- A major strategic partnership or acquisition by a larger automotive group
Common questions about Lucid Group, Inc.
Does Lucid Group, Inc. pay a dividend?
No - Lucid Group, Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.
When does Lucid Group, Inc. report earnings next?
Lucid Group, Inc. is next scheduled to report results on about 2026-11-04. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.
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This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.