Needham downgraded Lucid Group from Buy to Hold
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/11/2024 | $4.00 | Hold → Buy | R. F. Lafferty |
| 8/6/2024 | $4.00 | Underweight → Neutral | Cantor Fitzgerald |
| 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 |
NEWARK, Calif., Jan. 6, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended December 31, 2024. During this period, Lucid produced 3,386 vehicles and delivered 3,099 vehicles, of which approximately 7% were subject to operating lease accounting.1 On a full year basis in 2024, the company produced 9,029 vehicles and delivered 10,241 vehicles, of which approximately 5% were subject to operating lease accounting. Lucid will host a conference call to discus
Produced 1,805 vehicles in Q3; on track for annual production of approximately 9,000 vehiclesDelivered 2,781 vehicles in Q3; up 90.9% compared to Q3 2023Q3 revenue of $200.0 millionGAAP net loss per share of $(0.41); non-GAAP net loss per share of $(0.28)Ended the quarter with approximately $5.16 billion in total liquiditySubsequent to the third quarter, completed a capital raise of approximately $1.75 billion in October 2024NEWARK, Calif., Nov. 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced financial results for its third quarter ended September 30, 2024. The earnings presentation is available on its investor re
NEWARK, Calif., Oct. 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended September 30, 2024. During this period, Lucid produced 1,805 vehicles and delivered 2,781 vehicles, of which approximately 8% were subject to operating lease accounting.1 Lucid will host a conference call to discuss its third quarter 2024 financial results on Thursday, November 7, 2024, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings p
R. F. Lafferty upgraded Lucid Group from Hold to Buy and set a new price target of $4.00
Cantor Fitzgerald upgraded Lucid Group from Underweight to Neutral and set a new price target of $4.00
Citigroup resumed coverage of Lucid Group with a rating of Neutral and set a new price target of $2.90
Lucid Gravity Touring will start at $113,5001 CDN with Grand Touring starting at $134,5001 CDN NEWARK, Calif., Jan. 16, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced Canadian pricing for the groundbreaking Lucid Gravity SUV. The Lucid Gravity Touring will be priced from $113,5001 CDN, while the Lucid Gravity Grand Touring will start at $134,5001 CDN. Orders for the Lucid Gravity Grand Touring model, offering 828 horsepower and a projected range surpassing 720 kilometres2, will open for Canadian customers soon, with the Lucid Gravity Touring added to the model lineup in late 2025.
LAS VEGAS and NEWARK, Calif., Jan. 6, 2025 /PRNewswire/ -- Panasonic Energy Co., Ltd., a global leader in the battery industry, and Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced the highly anticipated Lucid Gravity Grand Touring will be powered by Panasonic Energy's lithium-ion EV battery cells. With an EPA-estimated range of up to 450 miles1 from a battery pack that is up to 40 percent smaller than competitors', the collaborative efforts between Panasonic and Lucid have helped deliver an SUV with a previously impossible combination of outstanding range, performance and interior space.
NEWARK, Calif., Jan. 6, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended December 31, 2024. During this period, Lucid produced 3,386 vehicles and delivered 3,099 vehicles, of which approximately 7% were subject to operating lease accounting.1 On a full year basis in 2024, the company produced 9,029 vehicles and delivered 10,241 vehicles, of which approximately 5% were subject to operating lease accounting. Lucid will host a conference call to discus
8-K - Lucid Group, Inc. (0001811210) (Filer)
10-Q - Lucid Group, Inc. (0001811210) (Filer)
8-K - Lucid Group, Inc. (0001811210) (Filer)
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
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SC 13D/A - Lucid Group, Inc. (0001811210) (Subject)