Date | Price Target | Rating | Analyst |
---|---|---|---|
4/22/2024 | $2.90 | Neutral | Citigroup |
2/22/2024 | $6.00 → $4.00 | Neutral → Underweight | Cantor Fitzgerald |
12/7/2023 | $5.00 | Hold | Stifel |
11/27/2023 | Buy → Hold | Needham | |
11/8/2023 | $10.00 → $5.00 | Buy → Hold | R. F. Lafferty |
11/8/2023 | $10.00 → $6.00 | Overweight → Neutral | Cantor Fitzgerald |
9/8/2023 | $6.00 | Sector Perform | RBC Capital Mkts |
9/6/2023 | $7.00 | Neutral | Robert W. Baird |
8/11/2023 | $5.00 | Neutral → Underperform | Exane BNP Paribas |
7/17/2023 | $8.00 | Neutral | BofA Securities |
4 - Lucid Group, Inc. (0001811210) (Issuer)
4 - Lucid Group, Inc. (0001811210) (Issuer)
4 - Lucid Group, Inc. (0001811210) (Issuer)
4 - Lucid Group, Inc. (0001811210) (Issuer)
4 - Lucid Group, Inc. (0001811210) (Issuer)
4 - Lucid Group, Inc. (0001811210) (Issuer)
4 - Lucid Group, Inc. (0001811210) (Issuer)
4 - Lucid Group, Inc. (0001811210) (Issuer)
4 - Lucid Group, Inc. (0001811210) (Issuer)
4 - Lucid Group, Inc. (0001811210) (Issuer)
NEWARK, Calif. and NEW YORK, June 28, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of advanced electric vehicles, today announced it has reached an agreement with Gravity, Inc., an American manufacturer of high-speed EV charging equipment, regarding use of the "Lucid Gravity" trademark. The agreement allows for Lucid's use of the "Lucid Gravity" brand without impinging on Gravity's pre-existing trademark, avoiding a dispute between the two companies. "We are pleased to have reached an agreement with Gravity, Inc.," said Matt Everitt, General Counsel at Lucid. "A
NEWARK, Calif., June 25, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, announced the appointment of Nick Twork as Head of Global Communications. Twork will oversee Lucid's global communications team, which includes worldwide product, corporate, financial and internal communications; media relations; and social media. Twork will help Lucid's world-class executive team support and amplify the company's mission, working closely across all divisions internationally. He will report directly to Lucid CEO and CTO Peter Raw
NEWARK, Calif., June 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced that Peter Rawlinson, CEO and CTO, will participate in a fireside chat at the Deutsche Bank Global Auto Industry Conference on Tuesday, June 11, at approximately 2:40 p.m. Eastern Time. In addition, on Wednesday, June 12, Rawlinson will participate in a fireside chat at the third annual Evercore ISI Global Clean Energy & Transitions Summit at approximately 9:00 a.m. Eastern Time. Both discussions will be webcasted live on Lucid's i
Former Intel, National Grid Executive Brings Technology and Sustainability Leadership to the Company NEWARK, Calif., June 4, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced the election of Lisa M. Lambert to its board of directors effective immediately. Lambert was elected at Lucid's 2024 Annual Meeting of Stockholders and will bring extensive technology experience to Lucid after having led sustainability, infrastructure and technology projects at companies ranging from Intel to National Grid. "Lucid'
Produced 1,728 vehicles in Q1; on track for annual production of approximately 9,000 vehiclesDelivered 1,967 vehicles in Q1, up 39.9% compared to Q1 2023Q1 revenue of $172.7 millionSuccessfully raised $1.0 billion via private placement to an affiliate of the Public Investment Fund (PIF)Ended the quarter with approximately $5.03 billion of total liquidityNEWARK, Calif., May 6, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced financial results for its first quarter ended March 31, 2024. The earnings presentation is available on its investor relations website (https://ir.lucidmotors.com).
NEWARK, Calif., April 17, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle,i announced details about the 2024 Lucid Air Grand Touring, with an array of enhancements to help people drive farther and charge faster in a broader range of environments and conditions. The 2024 Lucid Air Grand Touring features: Range to Spare, Even in Cold Air: EPA electric range test procedures recently became more challenging, but the 2024 Air Grand Touring still delivers, with an
NEWARK, Calif., April 9, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle1, today announced production and delivery totals for the quarter ended March 31, 2024. Lucid produced 1,728 vehicles and delivered 1,967 vehicles during this period.* Lucid will host a conference call to discuss its first quarter 2024 financial results on Monday, May 6, 2024, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings press release wit
NEWARK, Calif., March 25, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID, ", Lucid", ))) announced today that it has entered into an agreement with its majority stockholder, Ayar Third Investment Company ("Ayar"), an affiliate of the Public Investment Fund ("PIF"), to purchase $1.0 billion of newly created series of convertible preferred stock via private placement, subject to customary closing conditions. "We are extremely pleased to receive this strong, continued support from the PIF, as we work to solidify our place as the world's leading EV technology company," said P
Delivered 1,734 vehicles in Q4 and 6,001 vehicles in 2023, up 37% compared to full year 2022Produced 2,391 vehicles in Q4 and 8,428 vehicles in 2023, meeting the higher-end of 2023 annual production guidance of 8,000 to 8,500 vehiclesQ4 revenue of $157.2 million and annual revenue of $595.3 millionEnded the quarter with approximately $4.78 billion of total liquidityLucid is embarking on the Company's next transformational phase, with the expansion of its vehicle lineup and total addressable market2024 production guidance of approximately 9,000 vehiclesNEWARK, Calif., Feb. 21, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the L
Lucid is committed to reducing the most common barriers for prospective EV drivers: Price and Ease of OwnershipLucid Air Pure now priced from $69,900; Air Touring from $77,900; Air Grand Touring from $109,9001Two years of scheduled maintenance included with every new Lucid Air at no additional costNew charging allowance of $1,000 towards the Lucid charging accessory of the customer's choosingNEWARK, Calif., Feb. 15, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle2 and selected to Car and Driver's 10Best list for 2024, announced that it is making it easier than ever for peo
Produced 1,728 vehicles in Q1; on track for annual production of approximately 9,000 vehiclesDelivered 1,967 vehicles in Q1, up 39.9% compared to Q1 2023Q1 revenue of $172.7 millionSuccessfully raised $1.0 billion via private placement to an affiliate of the Public Investment Fund (PIF)Ended the quarter with approximately $5.03 billion of total liquidityNEWARK, Calif., May 6, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced financial results for its first quarter ended March 31, 2024. The earnings presentation is available on its investor relations website (https://ir.lucidmotors.com).
NEWARK, Calif., April 9, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle1, today announced production and delivery totals for the quarter ended March 31, 2024. Lucid produced 1,728 vehicles and delivered 1,967 vehicles during this period.* Lucid will host a conference call to discuss its first quarter 2024 financial results on Monday, May 6, 2024, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings press release wit
Delivered 1,734 vehicles in Q4 and 6,001 vehicles in 2023, up 37% compared to full year 2022Produced 2,391 vehicles in Q4 and 8,428 vehicles in 2023, meeting the higher-end of 2023 annual production guidance of 8,000 to 8,500 vehiclesQ4 revenue of $157.2 million and annual revenue of $595.3 millionEnded the quarter with approximately $4.78 billion of total liquidityLucid is embarking on the Company's next transformational phase, with the expansion of its vehicle lineup and total addressable market2024 production guidance of approximately 9,000 vehiclesNEWARK, Calif., Feb. 21, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the L
NEWARK, Calif., Jan. 11, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, selected to Car and Driver's 10Best list for 2024, today announced production and delivery totals for the quarter ended December 31, 2023. Lucid produced 2,391 vehicles during Q4 and delivered 1,734 vehicles during the same period.* On a full year basis in 2023, the company produced 8,428 vehicles and delivered 6,001 vehicles. Lucid will host a conference call to discuss its fourth quarter 2023 financial results on Wednesday,
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (NASDAQ:NDX), which will become effective prior to market open on Monday, December 18, 2023. The following six companies will be added to the Index: CDW Corporation (NASDAQ:CDW), Coca-Cola Europacific Partners plc (NASDAQ:CCEP), DoorDash, Inc. (NASDAQ:DASH), MongoDB, Inc. (NASDAQ:MDB), Roper Technologies, Inc. (NASDAQ:ROP), and Splunk Inc. (NASDAQ:SPLK). The Nasdaq-100 Index® is composed of 100 of the largest non-financial companies listed on The Nasdaq Stock Market® and dates to January 1985 when it was launched along with the Nasdaq Fina
Q2 revenue of $150.9 million driven by customer deliveries of 1,404 vehicles in the quarterBolstered balance sheet to $6.25 billion in total liquidity as of June 30, 2023Aston Martin selected Lucid to supply powertrain and battery system technology – contracts worth in excess of $450 million – further validating Lucid's superior technologyOriginal pricing reinstated with the Lucid Air All Wheel Drive starting at $82,400Finalized purchase agreement with Government of Saudi ArabiaStart of production for the Lucid Air Sapphire and the Lucid Air Pure Rear Wheel Drive on track for mid-SeptemberThe Lucid Gravity unveiling in November; start of production on track for late 2024NEWARK, Calif., Aug.
NEWARK, Calif., July 12, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today announced production and delivery totals for the quarter ended June 30, 2023. Lucid produced 2,173 vehicles during Q2 at its manufacturing facility in Arizona and delivered 1,404 vehicles during the same period.* In addition, the company began material shipments to the Kingdom of Saudi Arabia. Lucid will host a conference call to discuss its second quarter 2023 financial results on Monday, August 7, 2023, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnin
NEWARK, Calif., May 8, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today announced financial results for its first quarter ended March 31, 2023. Lucid reported first quarter revenue of $149.4 million, having produced 2,314 vehicles at its manufacturing facility in Arizona and delivered 1,406 vehicles during the same period. Lucid plans to manufacture more than 10,000 vehicles in 2023 and ended the quarter with approximately $4.1 billion total liquidity, which is expected to fund the Company at least into the second quarter of 2024. "We are on track to produce over 10
NEWARK, Calif., April 13, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today announced production and delivery totals for the quarter ended March 31, 2023. The company produced 2,314 vehicles during Q1 at its manufacturing facility in Arizona and delivered 1,406 vehicles during the same period.* Lucid will host a conference call to discuss its first quarter 2023 financial results on Monday, May 8, 2023, at 2:30 pm PT / 5:30 pm ET. Prior to the conferenc
3,493 vehicles produced in Q4, up 53 percent sequentially7,180 vehicles produced in 2022, exceeding annual production guidance of 6,000 to 7,000 vehiclesQ4 revenue of over $257M and annual revenue of over $608MEnded the quarter with approximately $4.9B total liquidity2023 production guidance of 10,000 to 14,000 vehiclesNEWARK, Calif., Feb. 22, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced financial results for its fourth quarter and full year ended December 31, 2022. The Company produced 3,493 vehicles during Q4 at its manufacturing facility in Arizona and delivered 1,932 vehicl
8-K - Lucid Group, Inc. (0001811210) (Filer)
S-8 - Lucid Group, Inc. (0001811210) (Filer)
8-K - Lucid Group, Inc. (0001811210) (Filer)
SD - Lucid Group, Inc. (0001811210) (Filer)
10-Q - Lucid Group, Inc. (0001811210) (Filer)
8-K - Lucid Group, Inc. (0001811210) (Filer)
DEFA14A - Lucid Group, Inc. (0001811210) (Filer)
DEF 14A - Lucid Group, Inc. (0001811210) (Filer)
8-K - Lucid Group, Inc. (0001811210) (Filer)
8-K - Lucid Group, Inc. (0001811210) (Filer)
SC 13D/A - Lucid Group, Inc. (0001811210) (Subject)
SC 13G/A - Lucid Group, Inc. (0001811210) (Subject)
SC 13D/A - Lucid Group, Inc. (0001811210) (Subject)
SC 13D/A - Lucid Group, Inc. (0001811210) (Subject)
SC 13D/A - Lucid Group, Inc. (0001811210) (Subject)
SC 13G/A - Lucid Group, Inc. (0001811210) (Subject)
SC 13G/A - Lucid Group, Inc. (0001811210) (Subject)
SC 13G/A - Lucid Group, Inc. (0001811210) (Subject)
SC 13G/A - Lucid Group, Inc. (0001811210) (Subject)
NEWARK, Calif., June 25, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, announced the appointment of Nick Twork as Head of Global Communications. Twork will oversee Lucid's global communications team, which includes worldwide product, corporate, financial and internal communications; media relations; and social media. Twork will help Lucid's world-class executive team support and amplify the company's mission, working closely across all divisions internationally. He will report directly to Lucid CEO and CTO Peter Raw
Former Intel, National Grid Executive Brings Technology and Sustainability Leadership to the Company NEWARK, Calif., June 4, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced the election of Lisa M. Lambert to its board of directors effective immediately. Lambert was elected at Lucid's 2024 Annual Meeting of Stockholders and will bring extensive technology experience to Lucid after having led sustainability, infrastructure and technology projects at companies ranging from Intel to National Grid. "Lucid'
Experienced international automotive leader to guide Company's overarching legal strategy, as Lucid enters its next phase of growth NEWARK, Calif., Jan. 30, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, selected to Car and Driver's 10Best list for 2024, is pleased to announce the appointment of Matt Everitt as General Counsel. In this role, Mr. Everitt is responsible for overseeing Lucid Group's legal affairs globally and for providing strategic legal guidance to support the Company's ambitious gr
Sporty and stylish, the Lucid Air Pure RWD boasts an exceptional combination of range, driver-oriented performance, and innovative design.The Lucid Air Pure RWD is available for order immediately at a starting price of $77,400*.Lucid's ultra-efficient EV technology delivers greater range and performance without the cost and weight of ever-larger battery packs.NEWARK, Calif., Dec. 5, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), pioneering a new era of luxury electric experience with the Lucid Air, today revealed that after a rigorous evaluation process Car and Driver has selected the Lucid Air Pure to join its esteemed 10Best List for 2024, which recognizes vehicles that have impress
Newly created position will lead software engineering for the award-winning Lucid Air including ADAS, Audio, Infotainment, Embedded Software and Systems Architecture NEWARK, Calif., Aug. 25, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today announced the appointment of Derrick Carty as Vice President of Platform Software Engineering, reporting directly to Michael Bell, Lucid's Senior Vice President of Digital. In this newly created role, Mr. Carty will lead Platform Software Engineering encompassing ADAS, Audio, CoreOS/Android Framework, Embedded Software, Con
Newly created position will lead operations, including supply chain, logistics, manufacturing, and quality NEWARK, Calif., Aug. 3, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today announced the appointment of Steven David as Senior Vice President of Operations, reporting directly to Peter Rawlinson, Lucid's CEO and CTO. In this newly created role, Steven will lead operations encompassing supply chain, logistics, manufacturing, and quality. Mr. David brings decades of global experience and operational excellence from companies such as Stellantis and Chrysler,
NEWARK, Calif., Dec. 23, 2021 /PRNewswire/ -- Lucid Group (NASDAQ:LCID), which is setting new standards with its advanced luxury electric vehicles (EVs), today announced the appointment of Gagan Dhingra as Vice President of Accounting and Principal Accounting Officer, and Mustally Hussain as Managing Director, Global Treasurer and Head of Financial Services. Together, they bring decades of strategic leadership experience in building accounting and financial functions at various multi-national organizations. LCID) today announced the appointment of Gagan Dhingra as Vice President of Accounting and Principal Accounting Office
Most electric vehicle stocks advanced in the week that ended on July 5, led by market leader Tesla, Inc. (NASDAQ:TSLA), with the broader market strength also contributing to the upside. Tesla shares are now in the green after the company reported better-than-feared deliveries. Here are the key events that happened in the EV space during the week: Tesla Knocks Off Lowered Number: After prolonged weakness, Tesla shares turned the corner, thanks to a second-quarter deliveries report that came in better than expectations. Analysts attributed the positive number to the lavish financing options facilitated by the company. Skeptics weren’t impressed as they pointed to the sharply lowered esti
Lucid Group, Inc. (NASDAQ:LCID, NASDAQ:LCID) saw its shares rise on Wednesday, buoyed by positive market sentiment on continued strength after Tesla reported stronger-than-expected second-quarter delivery numbers. What Happened: Tesla reported second-quarter deliveries of 443,956 units this week, surpassing the consensus estimate of 439,300 and showing a 14.77% increase quarter-over-quarter. Despite a year-over-year decline of 4.76%, Tesla's performance exceeded analyst expectations, which kicked off a rally in several EV stocks. What Else: Lucid stock has had a strong week overall. Shares began moving higher on Monday after the company announced that it reached an agreement over a t
The S&P 500 and Nasdaq 100 indices surged to new all-time highs on Thursday, as investors heightened their expectations for rate cuts following June’s sharply lower-than-expected services sector activity, which experienced its worst contraction since May 2020. Market-implied odds of a Fed rate cut in September rose from 65% to 72%, according to CME Group’s FedWatch tool, with traders pricing in more than 50 basis points of rate cuts by year end, implying two fully priced rate reductions by the Fed. Risk sentiment was particularly strong ahead of the Federal Open Market Committee (FOMC) Minutes, slated to be released at 2:00 p.m. ET. Nvidia Corp. (NASDAQ:NVDA) and the chip making
Cantor Fitzgerald analyst Andres Sheppard reiterates Lucid Gr (NASDAQ:LCID) with a Underweight and maintains $4 price target.
Lucid Group Inc (NASDAQ:LCID) shares are trading higher Monday. The company announced that it reached an agreement over a trademark dispute. What Happened: After the market close on Friday, Lucid said it reached an agreement with Gravity Inc., an American manufacturer of high-speed EV charging equipment, regarding use of the “Lucid Gravity” trademark. Lucid said the agreement allows the company to use the “Lucid Gravity” brand without impinging on Gravity’s pre-existing trademark, avoiding a dispute between the two companies. Further details of the agreement were not provided. “We are pleased to have reached an agreement with Gravity, Inc. Anticipation is building for the Lucid Gra
The electric-vehicle space saw a major deal this week, which, along with the broader market strength, imparted some buoyancy. However, stocks closed the week on a mixed note. Here are the key events that happened in the EV space during the week: Can Tesla Clear Lowered Bar? Tesla, Inc. (NASDAQ:TSLA) investors will be on pins and needles, as the company prepares to release its second-quarter deliveries, most likely on Tuesday. Future Fund’s Gary Black said he sees a decent chance of upside surprise given the muted expectations. He noted that the consensus calls for a 6% year-over-year decline in deliveries to 440,000 units, while whisper numbers are around 420,000 units. The fund ma
Citigroup resumed coverage of Lucid Group with a rating of Neutral and set a new price target of $2.90
Cantor Fitzgerald downgraded Lucid Group from Neutral to Underweight and set a new price target of $4.00 from $6.00 previously
Stifel initiated coverage of Lucid Group with a rating of Hold and set a new price target of $5.00
Needham downgraded Lucid Group from Buy to Hold
R. F. Lafferty downgraded Lucid Group from Buy to Hold and set a new price target of $5.00 from $10.00 previously
Cantor Fitzgerald downgraded Lucid Group from Overweight to Neutral and set a new price target of $6.00 from $10.00 previously
RBC Capital Mkts initiated coverage of Lucid Group with a rating of Sector Perform and set a new price target of $6.00
Robert W. Baird initiated coverage of Lucid Group with a rating of Neutral and set a new price target of $7.00
Exane BNP Paribas downgraded Lucid Group from Neutral to Underperform and set a new price target of $5.00
BofA Securities resumed coverage of Lucid Group with a rating of Neutral and set a new price target of $8.00