Lucid Group, Inc. (LCID) Stock Price & Analysis
Lucid Group, Inc. (LCID) closed at USD 3.46 on Thursday, October 22, 2026, up 7.79% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 3.21; the Oct 22, 2026 session ranged USD 3.16–3.56 on volume of 13,587,253 shares. Market capitalization is $1.36B, with a 52-week range of USD 2.37–19.48 (NMS). Source: Nexqual, retrieved October 23, 2026 at 12:51 UTC.
Also available as compact Markdown for AI agents: nexqual.com/LCID.md
Key facts (LCID)
- Last four reported quarters (through Jun 30, 2026): revenue $1.55B, net income -$3.86B (-249.2% margin), free cash flow -$5.11B (SEC filings).
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $23K; 0 not under a Rule 10b5-1 plan ($0K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 3.36 on a 1–5 scale) (11 analysts), mean target USD 7.39 (range 3–17).
- Total return with dividends: 1Y -81.5% vs S&P 500 +14.9%; 5Y -98.6% vs S&P 500 +80.3%.
- Next earnings: 2026-11-09, EPS estimate USD -2.21, revenue estimate $399M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (LCID)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $27.1M | $608M | $595M | $808M | $1.35B | $1.55B |
| Gross profit | -$128M | -$1.04B | -$1.34B | -$923M | -$1.26B | — |
| Operating income | -$1.53B | -$2.59B | -$3.10B | -$3.02B | -$3.50B | -$4.08B |
| Net income | -$2.58B | -$1.30B | -$2.83B | -$2.71B | -$2.70B | -$3.86B |
| EPS (diluted) | -$64.10 | -$15.10 | -$13.59 | -$12.52 | -$12.09 | — |
| Free cash flow | -$1.48B | -$3.30B | -$3.40B | -$2.90B | -$3.80B | -$5.11B |
| Gross margin | -471.3% | -170.7% | -225.2% | -114.3% | -92.8% | — |
| Operating margin | -5645.1% | -426.5% | -520.7% | -373.9% | -258.7% | -263.6% |
| Net margin | -9515.6% | -214.5% | -475.1% | -336.0% | -199.3% | -249.2% |
| Revenue growth | +581.9% | +2143.3% | -2.1% | +35.7% | +67.6% | — |
| Cash + short-term investments | $6.26B | $3.91B | $3.86B | $4.03B | $1.63B | — |
| Total debt | $1.99B | $2.00B | $2.07B | $2.13B | $2.72B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (LCID)
P/S 0.9x · EV/Sales 2.5x · FCF yield -374.94% · Earnings yield -282.78% · Net debt $2.49B · EV $3.86B
Insider sales (SEC Form 4, open-market, last ~7 months) (LCID)
4 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-01 | Winitzer Ori | Director | 1,000 | $4K | 1.5% | Yes (adopted March 2, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-09-01 | Winitzer Ori | Director | 1,000 | $5K | 1.5% | Yes (adopted March 2, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-08-03 | Winitzer Ori | Director | 1,000 | $7K | 1.5% | Yes (adopted March 2, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-06-01 | Winitzer Ori | Director | 1,000 | $6K | 3.9% | Yes (adopted March 2, 2026) | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (LCID)
Consensus Hold (mean 3.36 on a 1–5 scale), 11 analysts; mean target USD 7.39 (low 3, high 17).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-15 | Morgan Stanley | Target lowered | Underweight | $5 → $3 |
| 2026-10-12 | RBC Capital | Target lowered | Sector Perform | $7 → $4 |
| 2026-08-19 | Citigroup | Target lowered | Buy | $14 → $11 |
| 2026-07-13 | RBC Capital | Target lowered | Sector Perform | $8 → $7 |
Total return (dividends reinvested) (LCID)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -81.5% | -98.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -81.5% | -57.1% |
| Volatility (annualized) | 83.9% | 80.5% |
| Max drawdown | -83.4% (Oct 2025→Oct 2026) | -99.4% (Nov 2021→Oct 2026) |
LCID revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Vehicle Sales Without RVG | $350.6M | 86.5% | +57.4% |
| Regulatory Credit | $25.4M | 6.3% | +35.8% |
| Sale and Leaseback Transactions | $16.6M | 4.1% | -12.6% |
| Total revenue | $405.3M | 100% | — |
LCID revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| North America | $293.2M | 72.3% | +34.3% |
| United States | $284.4M | 70.2% | +33.7% |
| Middle East | $98.2M | 24.2% | +168.1% |
| Saudi Arabia | $98.2M | 24.2% | +173.5% |
| Other international | $13.9M | 3.4% | +214.4% |
| Total revenue | $405.3M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
LCID suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | GRAVITY Co., Ltd. (GRVY) | “Lucid designed, developed, manufactures and sells two groundbreaking EVs: The Lucid Air sedan, for which customer deliveries began in late 2021, and the Lucid Gravity SUV, which arrived on the road in late 2024.” |
| Customer | Tesla (TSLA) | “On January 31, 2025, our customers gained access to Tesla's supercharging network in addition to the vast CCS infrastructure, which is expected to significantly enhance convenience and reduce concerns related to range anxiety.” |
| Partner | Uber (UBER) | “•our ability to enter into or maintain partnerships with original equipment manufacturers, vendors and technology providers, including our ability to realize the anticipated benefits of our partnerships with Aston Martin, Uber, Nuro, and NVIDIA;” |
| Partner | Nuro | “•our ability to enter into or maintain partnerships with original equipment manufacturers, vendors and technology providers, including our ability to realize the anticipated benefits of our partnerships with Aston Martin, Uber, Nuro, and NVIDIA;” |
| Partner | NVIDIA (NVDA) | “•our ability to enter into or maintain partnerships with original equipment manufacturers, vendors and technology providers, including our ability to realize the anticipated benefits of our partnerships with Aston Martin, Uber, Nuro, and NVIDIA;” |
Quoted from the company's 10-K filed Feb 24, 2026.
LCID company outlook (results filed Oct 5, 2026)
- “These forward-looking statements include, but are not limited to, statements regarding Lucid's expectations related to production and delivery volume outlook and Lucid's finalized production and delivery totals for the quarter ended September 30, 2026.”
Quoted word-for-word from the SEC 8-K results press release.
LCID analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-2.21 | $-1.93 | +14.4% | $399.1M | 4 |
| Next quarter (ends Dec 2026) | $-2.07 | $-1.58 | +30.8% | $487.5M | 3 |
| Current fiscal year (ends Dec 2026) | $-9.49 | $-7.97 | +19.1% | $1.55B | 4 |
| Next fiscal year (ends Dec 2027) | $-5.02 | $-4.75 | +5.7% | $3.49B | 4 |
LCID options: expected move
Options price a move of about ±23.5% (±$0.82) by Nov 13, 2026, which includes earnings on Nov 9, 2026; the earnings reaction alone is priced at about ±16.4%. Over the last 8 reports the stock moved ±6.5% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 104.2% | ±12.4% |
| Nov 6, 2026 | 14 | 86.6% | ±14.1% |
| Nov 13, 2026 | 21 | 119.5% | ±23.5% |
| Nov 20, 2026 | 28 | 120.7% | ±27.1% |
| Nov 27, 2026 | 35 | 95.4% | ±24.1% |
| Dec 4, 2026 | 42 | 103.9% | ±28.4% |
| Dec 18, 2026 | 56 | 122.6% | ±38.0% |
| Jan 15, 2027 | 84 | 129.3% | ±48.3% |
30-day implied volatility 119.9% vs 69.2% realized over the last 30 trading days. Put/call ratio (volume) 0.77. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 12:51 UTC)
| Price | USD 3.46 |
|---|---|
| Change | ▲ 7.79% (up) |
| Previous Close | USD 3.21 |
| Open | USD 3.19 |
| Day Range | USD 3.16 – 3.56 |
| 52-Week Range | USD 2.37 – 19.48 |
| Volume | 13,587,253 shares |
| Market Cap | $1.36B |
| Exchange | NMS |
Technical Analysis (LCID)
Nexqual's technical model rates LCID "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 12:51 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 40.08 (neutral) |
| vs SMA50 | Below (USD 4.39) |
| MACD | -0.34 (negative) |
Analyst Ratings (LCID)
Wall Street analysts rate LCID "Hold" based on 11 analysts, with a mean price target of USD 7.39 (range USD 3–17), per Nexqual as of October 23, 2026 at 12:51 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 11 |
| Mean Target | USD 7.39 |
| High Target | USD 17 |
| Low Target | USD 3 |
| Buy / Hold / Sell | 1 / 7 / 3 |
Earnings (LCID)
| Next Earnings Date | 2026-11-09 |
|---|---|
| EPS Estimate | USD -2.21 |
| Revenue Estimate | $399.14M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -2.78 vs est -2.41 ▼ miss |
| 2026-03-31 | USD -2.82 vs est -2.3 ▼ miss |
| 2025-12-31 | USD -3.08 vs est -2.67 ▼ miss |
| 2025-09-30 | USD -2.65 vs est -2.2 ▼ miss |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
Financials & Fundamentals (LCID)
| Total Revenue | $1.55B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +56.20% |
| Gross Margin | -100.60% |
| Operating Margin | -261.01% |
| Profit Margin | -249.21% |
| ROE | -125.99% |
| Debt / Equity | 1.98 |
| Current Ratio | 1.14 |
| Total Cash | $761.31M |
| Total Debt | $3.66B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$5.11B (-330.4% of revenue) |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
Financial Health Score (LCID)
Nexqual rates Lucid Group, Inc.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 12:51 UTC.
| Growth | Strong — Revenue +68% YoY (annual) |
|---|---|
| Profitability | Critical — Heavily loss-making — early-stage company |
| Balance Sheet | Weak — $761M cash and investments vs $3.25B debt (Jun 2026, SEC) |
| Cash Flow | Weak — FCF negative: -$5.11B (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -126%, ROA -30.7% |
Ownership (LCID)
| Insider Ownership | +15.45% |
|---|---|
| Institutional Ownership | +68.03% |
| Shares Outstanding | 394.07M |
| Float | 156.64M |
| Short % of Float | +57.19% |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
Leadership (LCID)
Lucid Group, Inc. is led by Silvio Napoli, CEO & Executive Director, per Nexqual as of October 23, 2026 at 12:51 UTC.
| CEO & Executive Director | Silvio Napoli |
|---|---|
| Chief Financial Officer | Alexander Ignace De Bock |
| Chief Technology Officer | Raja Ramana Macha B.E. |
| Vice President of Global Marketing | Angela Zepeda |
| President of Middle East | Faisal Sultan |
Major Backers & Investors (LCID)
Notable institutional backers of Lucid Group, Inc. include Public Investment Fund, Uber Technologies, Inc, UBS Group AG, according to Nexqual as of October 23, 2026 at 12:51 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Public Investment Fund | 44.94% |
| Uber Technologies, Inc | 9.58% |
| UBS Group AG | 3.39% |
| Bank of America Corporation | 0.82% |
| AQR Capital Management, LLC | 0.71% |
| Fidelity | 0.35% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 4.05% |
| BlackRock | 3.09% |
| State Street | 1.33% |
| Geode Capital | 1.1% |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
From Lucid Group, Inc.'s Latest SEC 10-K Filing (filed 2026-02-24)
Key Strengths & Strategy (as disclosed to the SEC)
- We sell vehicles directly to consumers through our retail sales network and online channels, including Lucid Financial Services.
- Using the same system-level optimization strategy, the battery cells incorporated into our battery packs are meticulously co-designed with our industry-leading suppliers to target the optimal trade spaces between energy density, recharge/discharge rates and other characteristics, to create a pack that delivers energy and power at the vehicle level that surpass the pareto frontier of the rest of the industry.
- Our competitive advantage is defined by our leading EV hardware and software technology, developed entirely in-house.
- Our proprietary EV technology delivers outstanding range, charging, and driver-oriented performance, all while achieving higher efficiency ratings than other EVs as measured by miles of range per kilowatt hour of energy consumed.
Partnerships
- In connection with our partnership with Uber and Nuro announced in July 2025, and the closing of a $300 million strategic investment from SMB Holding Corporation ("SMB"), a subsidiary of Uber, we have agreed to deploy a minimum of 20,000 robotaxis.
- In 2025, Lucid formed a partnership with Uber Technologies, Inc. ("Uber") and Nuro, Inc. ("Nuro") to launch a next-generation autonomous robotaxi leveraging Lucid Gravity's advanced technology platform, redundant electrical and controls architectures, and long range, which together make it an ideal fit for use in a scalable robotaxi offering.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes in U.S. trade policy, including the imposition of or uncertainties surrounding tariffs or revocation of normal trade relations and the resulting consequences, could adversely affect our business, prospects, results of operations and financial condition.
- The exact scope of any such tariffs that may be ultimately implemented remains uncertain at this time.
- We are subject to laws and regulations that could impose substantial costs, legal prohibitions or unfavorable changes upon our operations or products, and any failure to comply with these laws and regulations, including as they evolve, could substantially harm our business and results of operations.
- We may face regulatory limitations on our ability to sell vehicles directly, which could materially and adversely affect our ability to sell our vehicles.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| VFS | VinFast Auto Ltd. | USD 2.96 | ▼ 1% |
| NIO | NIO Inc. | USD 3.31 | ▼ 1.49% |
| XPEV | XPeng Inc. | USD 9.07 | ▼ 3.1% |
| LI | Li Auto Inc. | USD 11.47 | ▼ 0.26% |
| STLA | Stellantis N.V. | USD 4.27 | ▲ 1.18% |
| RIVN | Rivian Automotive, Inc. | USD 12.06 | ▼ 3.21% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 12:51 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt