K-Line Chart, actual market data is subject to the trading page.
Key Data
Prev. Open
$4.64
Prev. Close
$5.94
Prev. Day's Range
$4.64 - $6.02
52W Range
$2.37 - $33.70
Trading Volume
52.275M
MC
$2.15B
P/E Ratio
--
EPS
$-13.14
Company Overview
NASDAQ
Lucid Group Inc (LCID) is a pioneering electric vehicle manufacturer headquartered in Newark, California, dedicated to transforming the luxury electric vehicle market with cutting-edge technology and exceptional design. The company’s flagship model, the Lucid Air, distinguishes itself with impressive range and performance, catering to the increasing consumer demand for sustainable and high-performance vehicles. With a strong focus on innovation in battery efficiency and autonomous driving capabilities, Lucid is strategically positioned to capitalize on the rapid growth of the electric mobility sector. As production scales and its offerings expand, Lucid aims to establish itself as a prominent leader in the transition to eco-friendly transportation, supported by strategic partnerships and an agile growth strategy.
SectorCONSUMER CYCLICAL
IndustryAUTO MANUFACTURERS
Headquarters7373 GATEWAY BOULEVARD, NEWARK, CA, UNITED STATES, 94560
Lucid Group, Inc. (LCID) specializes in designing, manufacturing, and distributing luxury electric vehicles (EVs). The company is known for its flagship product, the Lucid Air, a high-performance, long-range EV. In addition to vehicles, Lucid also focuses on battery technology innovations and energy storage systems, positioning itself as a competitor in the broader clean energy and mobility space.
Lucid Group, Inc. (LCID) operates in the Consumer Discretionary sector and is classified under the Automobile Manufacturers industry. This places the company alongside traditional automakers and electric vehicle manufacturers competing in the growing EV market.
Lucid Group’s primary revenue driver is the sale of its electric vehicles, such as the luxury Lucid Air sedan. Additional revenue streams include energy storage products and services, along with partnerships and licensing of its proprietary EV technologies, including battery systems.
Lucid Group competes primarily with other electric vehicle manufacturers, including Tesla, Rivian, and legacy automakers like Ford and General Motors that are expanding their EV offerings. Competition is driven by factors such as vehicle range, performance, design, and battery efficiency.
No, Lucid Group, Inc. (LCID) does not currently pay dividends to shareholders. As a growing company in the electric vehicle industry, Lucid prioritizes reinvesting its earnings into operations, technology development, and expansion to compete in this emerging market.
Key risks include Lucid's ability to scale production, competition from established EV and traditional automakers, dependence on supply chain stability, and achieving consistent profitability. The EV market is capital-intensive and highly competitive, which may affect Lucid’s long-term success.
Lucid has significant opportunities in the EV market due to growing global demand for electric vehicles and clean energy solutions. Its focus on luxury EVs and battery innovation positions it to attract premium buyers while potentially diversifying into energy storage markets.
To evaluate LCID's valuation, investors often compare metrics like price-to-sales (P/S) ratios, market capitalization, and revenue growth rates with those of competitors like Tesla and Rivian. It’s also important to assess Lucid’s delivery numbers, production capacity, and financial performance relative to its peers.
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