Streetbeat News

LCID

Lucid Group, Inc.

https://www.lucidmotors.com

Industry

Auto - Manufacturers

Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.

Open

3.23

Mkt cap

9.2B

Volume

90M

High

3.29

P/E Ratio

-2.30

52-wk high

4.43

Low

3.06

Div yield

N/A

52-wk low

1.93

Lucid Group (LCID) experienced a decline of 1.78% in its stock price, closing at $3.31, which was a larger drop compared to the broader market.

Portfolio Pulse from

February 21, 2025 | 12:30 am

Lucid Diagnostics has signed its first concierge medicine contract with LEAA Health, allowing LEAA's patients access to Lucid's EsoGuard esophageal precancer testing on a cash-pay basis.

Portfolio Pulse from

February 20, 2025 | 1:45 pm

Lucid Group (LCID) is set to release its Q4 2024 earnings on February 25. The Zacks Consensus Estimate predicts a loss of 26 cents per share on revenues of $225.5 million.

Portfolio Pulse from

February 19, 2025 | 2:45 pm

Lucid Motors (NASDAQ: LCID) stock has surged to a five-month high, reaching $3.495 on February 18, 2025, after an 8% gain on the day and a 28% increase over the past week.

Portfolio Pulse from

February 18, 2025 | 7:00 pm

Lucid Group has experienced significant challenges including competition, price wars, supply chain issues, recalls, and software problems, which may impact its growth trajectory.

Portfolio Pulse from

February 18, 2025 | 3:30 pm

Lucid Group's stock has been declining, with a nearly 30% drop in 2024 and continued decline in 2025. However, a Wall Street analyst believes the stock has fallen too far, suggesting a potential price target of $5.

Portfolio Pulse from

February 16, 2025 | 4:15 pm

Lucid Group, an electric vehicle manufacturer backed by the Saudi Arabia Public Investment Fund, is gaining investor interest due to its focus on luxury EVs with extended ranges. The company merged with a SPAC three years ago.

Portfolio Pulse from

February 15, 2025 | 8:30 am

Lucid Group (LCID) saw a 1.53% increase in its stock price, closing at $3.31, despite a general market downturn.

Portfolio Pulse from

February 15, 2025 | 12:30 am

Lucid Group's stock rose by 3% after announcing the availability of its new luxury electric car, Lucid Gravity Grand Touring, for order in Canada. A more affordable model, Lucid Gravity Touring, will be available later this year.

Portfolio Pulse from

February 14, 2025 | 4:30 pm

Lucid Motors (NASDAQ: LCID) has experienced a surge in its stock price. The company has faced challenges since its IPO in mid-2021, but recent developments have positively impacted its stock performance.

Portfolio Pulse from

February 14, 2025 | 3:30 pm

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