(LCID) Lucid - Overview
Sector: Consumer Cyclical | Industry: Auto Manufacturers | Exchange: NASDAQ (USA) | Market Cap: 2.189m USD | Total Return: -77.9% in 12m
Avg Turnover: 97.4M
Qual. Beats: -3
Rev. Trend: 87.8%
Qual. Beats: -1
Warnings
Interest Coverage Ratio -26.0 is critical
Altman Z'' -13.01 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
No distinct edge detected
Lucid Group, Inc. is a Newark, California-based automotive manufacturer specializing in high-performance electric vehicles (EVs). The company’s primary product lineup includes the Lucid Air luxury sedan and the upcoming Lucid Gravity SUV, both of which utilize proprietary powertrain and battery technologies developed in-house. Lucid operates a direct-to-consumer business model, bypassing traditional dealership networks in favor of a proprietary retail and online sales infrastructure.
The premium EV sector is characterized by high capital intensity and a focus on vertical integration to manage supply chain risks and software performance. Lucid distinguishes itself by functioning as both an original equipment manufacturer (OEM) and a technology supplier, holding the capability to license its electric drivetrain components to other manufacturers. Major ownership is held by Ayar Third Investment Company, providing the firm with significant sovereign wealth backing.
Investors can evaluate the company’s long-term valuation metrics and institutional ownership trends further on ValueRay. This summary reflects the companys current operational structure within the evolving global automobile manufacturing industry.
- Saudi Public Investment Fund maintains majority control through critical capital injections
- Production scaling of Gravity SUV determines near-term revenue growth trajectory
- High cash burn rate necessitates ongoing external financing and dilution
- Luxury EV demand remains sensitive to high interest rate environments
- Vertical integration of powertrain technology offers potential licensing revenue streams
| Net Income: -3.36b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.62 > 0.02 and ΔFCF/TA -32.35 > 1.0 |
| NWC/Revenue: 4.45% < 20% (prev 355.3%; Δ -350.9% < -1%) |
| CFO/TA -0.50 > 3% & CFO -3.72b > Net Income -3.36b |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (328.3m) vs 12m ago 8.12% < -2% |
| Gross Margin: -95.60% > 18% (prev -1.06%; Δ -9.45k% > 0.5%) |
| Asset Turnover: 16.78% > 50% (prev 9.44%; Δ 7.34% > 0%) |
| Interest Coverage Ratio: -26.04 > 6 (EBITDA TTM -2.77b / Interest Expense TTM 124.3m) |
| A: 0.01 (Total Current Assets 2.76b - Total Current Liabilities 2.69b) / Total Assets 7.48b |
| B: -2.22 (Retained Earnings -16.6b / Total Assets 7.48b) |
| C: -0.39 (EBIT TTM -3.24b / Avg Total Assets 8.35b) |
| D: -3.06 (Book Value of Equity -16.6b / Total Liabilities 5.45b) |
| Altman-Z'' = -13.01 = D |
| DSRI: 0.90 (Receivables 131.2m/90.3m, Revenue 1.40b/870.1m) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 0.39 (AQ_t 0.05 / AQ_t-1 0.13) |
| SGI: 1.61 (Revenue 1.40b / 870.1m) |
| TATA: 0.05 (NI -3.36b - CFO -3.72b) / TA 7.48b) |
| Beneish M = -2.98 (Cap -4..+1) = A |
As of May 25, 2026, the stock is trading at USD 5.84 with a total of 10,376,826 shares traded.
Over the past week, the price has changed by -3.31%,
over one month by -6.56%,
over three months by -41.13% and
over the past year by -77.88%.
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
| Analysts Target Price | 8.4 | 43.8% |
P/S = 1.5625
P/B = 3.1909
Revenue TTM = 1.40b USD
EBIT TTM = -3.24b USD
EBITDA TTM = -2.77b USD
Long Term Debt = 2.05b USD (from longTermDebt, last quarter)
Short Term Debt = 782.3m USD (from shortTermDebt, last quarter)
Debt = 3.58b USD (from shortLongTermDebtTotal, last quarter) + Leases 412.9m
Net Debt = 2.84b USD (calculated: Debt 3.58b - CCE 738.9m)
Enterprise Value = 5.03b USD (2.19b + Debt 3.58b - CCE 738.9m)
Interest Coverage Ratio = -26.04 (Ebit TTM -3.24b / Interest Expense TTM 124.3m)
EV/FCF = -1.08x (Enterprise Value 5.03b / FCF TTM -4.68b)
FCF Yield = -92.94% (FCF TTM -4.68b / Enterprise Value 5.03b)
FCF Margin = -333.7% (FCF TTM -4.68b / Revenue TTM 1.40b)
Net Margin = -239.8% (Net Income TTM -3.36b / Revenue TTM 1.40b)
Gross Margin = -95.60% ((Revenue TTM 1.40b - Cost of Revenue TTM 2.74b) / Revenue TTM)
Gross Margin QoQ = -110.4% (prev -80.71%)
Tobins Q-Ratio = 0.67 (Enterprise Value 5.03b / Total Assets 7.48b)
Interest Expense / Debt = 3.47% (Interest Expense 124.3m / Debt 3.58b)
Taxrate = 21.0% (US default 21%)
NOPAT = -2.56b (EBIT -3.24b * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.02 (Total Current Assets 2.76b / Total Current Liabilities 2.69b)
Debt / Equity = 1.76 (Debt 3.58b / totalStockholderEquity, last quarter 2.04b)
Debt / EBITDA = -1.03 (negative EBITDA) (Net Debt 2.84b / EBITDA -2.77b)
Debt / FCF = -0.61 (negative FCF - burning cash) (Net Debt 2.84b / FCF TTM -4.68b)
Total Stockholder Equity = 1.74b (last 4 quarters mean from totalStockholderEquity)
RoA = -40.24% (Net Income -3.36b / Total Assets 7.48b)
RoE = -18.28% (Net Income TTM -3.36b / Total Stockholder Equity 18.4b)
RoCE = -15.84% (EBIT -3.24b / Capital Employed (Equity 18.4b + L.T.Debt 2.05b))
RoIC = -46.44% (negative operating profit) (NOPAT -2.56b / Invested Capital 5.51b)
WACC = 7.02% (E(2.19b)/V(5.77b) * Re(14.02%) + D(3.58b)/V(5.77b) * Rd(3.47%) * (1-Tc(0.21)))
Discount Rate = 14.02% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 100.00 | Cagr: 17.31%
[DCF] Fair Price = unknown (Cash Flow -4.68b)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.48 | # QB: -3
Revenue Correlation: 87.81 | Revenue CAGR: 31.94% | SUE: -2.58 | # QB: -1
EPS current Quarter (2026-06-30): EPS=-2.38 | Chg30d=-35.34% | Revisions=+20% | Analysts=5
EPS next Quarter (2026-09-30): EPS=-2.12 | Chg30d=-18.11% | Revisions=+20% | Analysts=5
EPS current Year (2026-12-31): EPS=-8.11 | Chg30d=-9.99% | Revisions=+0% | GrowthEPS=+19.6% | GrowthRev=+46.2%
EPS next Year (2027-12-31): EPS=-4.67 | Chg30d=-6.47% | Revisions=-14% | GrowthEPS=+42.4% | GrowthRev=+114.1%
[Analyst] Revisions Ratio: +20%