LCID Stock Analysis: Lucid | NASDAQ

Auto Manufacturers | NASDAQ, USA | Market Cap: 1.856m USD | 12M Return: -71% | US5494982029 | Charts, Fundamentals & Technical Analysis

Electric Vehicles, Powertrains, Battery Systems, Software
Total Rating 10
Safety 30
Buy Signal -1.49
Auto Manufacturers
Industry Rotation: +4.2
Market Cap: 1.86B
Avg Turnover: 50.5M
Risk 3d forecast
Volatility73.7%
VaR 5th Pctl12.1%
VaR vs Median-0.45%
Reward TTM
Sharpe Ratio-1.28
Rel. Str. IBD0.5
Rel. Str. Peer Group2.1
Character TTM
Beta1.842
Beta Downside2.630
Hurst Exponent0.423
Drawdowns 3y
Max DD92.43%
CAGR/Max DD-0.62
CAGR/Mean DD-0.96
EPS (Earnings per Share) EPS (Earnings per Share) of LCID over the last years for every Quarter: "2021-09": -2.1, "2021-12": -2.1, "2022-03": -3.7, "2022-06": -3.3, "2022-09": -2.4, "2022-12": -4.3, "2023-03": -3.9, "2023-06": -4.2, "2023-09": -3.1, "2023-12": -3, "2024-03": -3, "2024-06": -2.9, "2024-09": -2.8, "2024-12": -2.2, "2025-03": -2, "2025-06": -2.4, "2025-09": -3.31, "2025-12": -3.08, "2026-03": -2.82, "2026-06": -3.3,
Last SUE: -0.34
Qual. Beats: 0
Revenue Revenue of LCID over the last years for every Quarter: 2021-09: 0.232, 2021-12: 26.392, 2022-03: 57.675, 2022-06: 97.336, 2022-09: 195.457, 2022-12: 257.713, 2023-03: 149.432, 2023-06: 150.874, 2023-09: 137.814, 2023-12: 157.151, 2024-03: 172.74, 2024-06: 200.581, 2024-09: 200.038, 2024-12: 234.473, 2025-03: 235.048, 2025-06: 259.432, 2025-09: 336.58, 2025-12: 522.73, 2026-03: 282.465, 2026-06: 405.347,
Rev. CAGR: 42.07%
Rev. Trend: 95.5%
Last SUE: -0.06
Qual. Beats: 0

Warnings

Strong Share Dilution
Interest Coverage Ratio Critical
Altman Z'' In Financial Distress Zone
Choppy
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 5.9 years of data

Jan -3.5% 10
Feb -2.3% 10
Mar +1.8% 10
Apr +0.3% 9
May +11.2% 32
Jun -1.3% 10
Jul +20.7% 63
Aug -8.9% 27
Sep +1.9% 24
Oct -16.6% 11
Nov +4.1% 10
Dec -13.9% 11

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: LCID Lucid

Lucid Group, Inc. (NASDAQ: LCID) is a US-based technology company that designs, develops, manufactures, and sells electric vehicles (EVs), EV powertrains, and battery systems. Its current product lineup includes the Lucid Air sedan and the Lucid Gravity SUV. The company is classified within the GICS Consumer Discretionary sector under the Automobile Manufacturers sub-industry, competing in the premium electric vehicle market against established EV makers and traditional luxury automakers expanding into electrification.

The company operates a direct-to-consumer sales model, distributing vehicles through its own retail stores, online channels, and Lucid Financial Services, rather than through independent franchised dealerships-a relatively uncommon approach in the automotive industry. It also develops its vehicle software in-house, allowing tighter integration between hardware and firmware. Lucid is headquartered in Newark, California, and is a subsidiary of Ayar Third Investment Company, an investment vehicle linked to Saudi Arabias Public Investment Fund.

Headlines to Watch Out For
  • Quarterly vehicle deliveries miss amid weak EV demand
  • Cash burn forces additional PIF capital injection
  • Lucid Gravity SUV launch targets higher-volume segment
Piotroski VR-10 (Strict) 0.5
Net Income: -4.08b TTM > 0 and > 6% of Revenue
FCF/TA: -0.85 > 0.02 and ΔFCF/TA -50.63 > 1.0
NWC/Revenue: 21.87% < 20% (prev 260.2%; Δ -238.3% < -1%)
CFO/TA -0.69 > 3% & CFO -5.28b > Net Income -4.08b
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.14 > 1.5 & < 3
Outstanding Shares: last quarter (382.1m) vs 12m ago 24.96% < -2%
Gross Margin: -96.56% > 18% (prev -99.26%; Δ 2.70% > 0.5%)
Asset Turnover: 18.68% > 50% (prev 10.47%; Δ 8.20% > 0%)
Interest Coverage Ratio: -26.20 > 6 (EBIT TTM -3.89b / Interest Expense TTM 148.4m)
Altman Z'' -10.02
A: 0.04 (Total Current Assets 2.78b - Total Current Liabilities 2.44b) / Total Assets 7.70b
B: -2.30 (Retained Earnings -17.7b / Total Assets 7.70b)
C: -0.47 (EBIT TTM -3.89b / Avg Total Assets 8.28b)
D: 0.32 (Book Value of Equity 1.85b / Total Liabilities 5.85b)
Altman-Z'' = -10.02 = D
Beneish M -2.79
DSRI: 1.07 (Receivables 223.1m/125.3m, Revenue 1.55b/929.0m)
GMI: 1.00 (fallback, negative margins)
AQI: 0.47 (AQ_t 0.06 / AQ_t-1 0.13)
SGI: 1.67 (Revenue 1.55b / 929.0m)
TATA: 0.16 (NI -4.08b - CFO -5.28b) / TA 7.70b)
Beneish M = -2.79 (Cap -4..+1) = A
What is the price of LCID shares?

As of September 07, 2026, the stock is trading at USD 4.68 with a total of 10,206,875 shares traded. Over the past week, the price has changed by -6.59%, over one month by -39.85%, over three months by -17.61% and over the past year by -71.04%.

Current recommended Stop Loss: 4.00 (which is 14.5% or 1.4 ATR below the current price).

Is LCID a buy, sell or hold?

Lucid has received a consensus analysts rating of 2.87. Therefore, it is recommended to hold LCID.

  • StrongBuy: 1
  • Buy: 0
  • Hold: 11
  • Sell: 2
  • StrongSell: 1

What are the forecasts/targets for the LCID price?
Analysts Target Price 8.1 73.3%
Lucid (LCID) - Fundamental Data Overview as of 04 September 2026
Market Cap USD = 1.86b (1.86b USD * 1.0 USD.USD)
P/S = 1.1997
P/B = 3.1909
Revenue TTM = 1.55b USD
EBIT TTM = -3.89b USD
EBITDA TTM = -3.41b USD
Long Term Debt = 2.55b USD (from longTermDebt, last quarter)
Short Term Debt = 712.2m USD (from shortTermDebt, last quarter)
Debt = 3.76b USD (from shortLongTermDebtTotal, last quarter) + Leases 403.0m
Net Debt = 3.00b USD (calculated: Debt 3.76b - CCE 761.3m)
Enterprise Value = 4.86b USD (1.86b + Debt 3.76b - CCE 761.3m)
Interest Coverage Ratio = -26.20 (Ebit TTM -3.89b / Interest Expense TTM 148.4m)
EV/FCF = -0.74x (Enterprise Value 4.86b / FCF TTM -6.56b)
 FCF Yield = -135.0% (FCF TTM -6.56b / Enterprise Value 4.86b)
 FCF Margin = -424.1% (FCF TTM -6.56b / Revenue TTM 1.55b)
 Net Margin = -263.7% (Net Income TTM -4.08b / Revenue TTM 1.55b)
 Gross Margin = -96.56% ((Revenue TTM 1.55b - Cost of Revenue TTM 3.04b) / Revenue TTM)
Gross Margin QoQ = -105.3% (prev -110.4%)
Tobins Q-Ratio = 0.63 (Enterprise Value 4.86b / Total Assets 7.70b)
Interest Expense / Debt = 3.94% (Interest Expense 148.4m / Debt 3.76b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -3.07b (EBIT -3.89b * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.14 (Total Current Assets 2.78b / Total Current Liabilities 2.44b)
Debt / Equity = 2.04 (Debt 3.76b / totalStockholderEquity, last quarter 1.85b)
 Debt / EBITDA = -0.88 (negative EBITDA) (Net Debt 3.00b / EBITDA -3.41b)
 Debt / FCF = -0.46 (negative FCF - burning cash) (Net Debt 3.00b / FCF TTM -6.56b)
 Total Stockholder Equity = 1.60b (last 4 quarters mean from totalStockholderEquity)
RoA = -49.25% (Net Income -4.08b / Total Assets 7.70b)
RoE = -254.8% (Net Income TTM -4.08b / Total Stockholder Equity 1.60b)
RoCE = -93.73% (EBIT -3.89b / Capital Employed (Equity 1.60b + L.T.Debt 2.55b))
 RoIC = -52.09% (negative operating profit) (NOPAT -3.07b / Invested Capital 5.90b)
 WACC = 6.20% (E(1.86b)/V(5.62b) * Re(12.46%) + D(3.76b)/V(5.62b) * Rd(3.94%) * (1-Tc(0.21)))
Discount Rate = 12.46% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.67 | Cagr: 25.26%
 [DCF] Fair Price = unknown (Cash Flow -6.56b)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.34 | # QB: 0
Revenue Correlation: 95.53 | Revenue CAGR: 42.07% | SUE: -0.06 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-2.28 | Chg30d=-18.31% | Revisions=-17% | Analysts=3
EPS current Year (2026-12-31): EPS=-9.93 | Chg30d=-24.61% | Revisions=-17% | GrowthEPS=+1.6% | GrowthRev=+20.8%
EPS next Year (2027-12-31): EPS=-5.17 | Chg30d=-8.74% | Revisions=-29% | GrowthEPS=+48.0% | GrowthRev=+115.9%
[Analyst] Revisions Ratio: -31% (up=3, down=7)