Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
9/8/2023 | $6.00 | Sector Perform | RBC Capital Mkts |
4 - Lucid Group, Inc. (0001811210) (Issuer)
4 - Lucid Group, Inc. (0001811210) (Issuer)
4 - Lucid Group, Inc. (0001811210) (Issuer)
SC 13D/A - Lucid Group, Inc. (0001811210) (Subject)
SC 13D/A - Lucid Group, Inc. (0001811210) (Subject)
SC 13G/A - Lucid Group, Inc. (0001811210) (Subject)
Produced 2,110 vehicles in Q2; on track for annual production of approximately 9,000 vehiclesDelivered 2,394 vehicles in Q2; up 70.5% compared to Q2 2023Q2 revenue of $200.6 millionEnded the quarter with approximately $4.28 billion of total liquiditySeparately, announced a commitment of $1.5 billion today from an affiliate of the Public Investment Fund (PIF)NEWARK, Calif., Aug. 5, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced financial results for its second quarter ended June 30, 2024. The earnings presentation is available on its investor relations website (https://ir.lucidmotors.com).
NEWARK, Calif., July 8, 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 June 30, 2024. Lucid produced 2,110 vehicles and delivered 2,394 vehicles during this period.1 Lucid will host a conference call to discuss its second quarter 2024 financial results on Monday, August 5, 2024, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations websit
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).
8-K - Lucid Group, Inc. (0001811210) (Filer)
8-K - Lucid Group, Inc. (0001811210) (Filer)
8-K - Lucid Group, Inc. (0001811210) (Filer)
CASA GRANDE, Ariz., Sept. 10, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, showcased the forthcoming Lucid Gravity SUV, its enabling technologies, and presented an independent third party analysis of the cost effectiveness of manufacturing these innovations at its Technology & Manufacturing Day, held today at the company's Arizona factory. Additionally, Lucid announced that through August 31, 2024, the company has already delivered more cars in 2024 than in all of 2023. "Today demonstrates how the Lucid Gravity is
DreamDrive™ Pro, Lucid's optional Advanced Driver Assistance System (ADAS), is augmented with Lane Change Assist, 3D lane visualization, and curve control.A new Lucid Assistant voice control system allows easier voice control of navigation and audio systems, climate control, heated seats, and more.Updated software includes more than a dozen other updates, enhancements, and fine tuning requested by Lucid Air owners.NEWARK, Calif., Sept. 9, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today launched Lucid UX 2.4, a major software update for the Lucid Air. It introduces an enhanced version of DreamDrive Pro, Lucid's optional Advance
NEWARK, Calif., Sept. 5, 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 Morgan Stanley 12th Annual Laguna Conference on Thursday, September 12. The session is scheduled for 2:35 pm PT and will be webcast live on Lucid's investor relations website at https://ir.lucidmotors.com. A replay of the webcast will be available for 60 days following the live presentation. About Lucid Lucid (NASDAQ:LCID) is a Silicon Valley-based techn
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
Cantor Fitzgerald downgraded Lucid Group from Neutral to Underweight and set a new price target of $4.00 from $6.00 previously
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
Lucid Group, Inc. (NASDAQ:LCID) shares are trading slightly higher on Thursday. According to Benzinga Pro, LCID stock has lost over 52% in the past year. Investors can gain exposure to the stock via IShares Self-Driving EV And Tech ETF (NYSE:IDRV) and IShares Self-Driving EV And Tech ETF (NASDAQ:RNEW). Related: Tesla Q2 Earnings Highlights: Revenue Beat, EPS Miss, Robotaxi Update, 2024 Growth Rate To Be ‘Notably Lower’ Than 2023 Today, Graphite One Inc. (OTC:GPHOF) inked a non-binding supply agreement with Lucid Group planning a complete domestic U.S. supply chain for advanced graphite materials. Read Also: US Economy Expands 2.8% In Q2, Tops Estimates; Weekly Jobless Claim Fall
The Supply Agreement is non-binding providing for 5,000 tpa once Graphite One commences production of synthetic graphite. The initial term is for 5 years, subject to earlier termination. Sales are based on an agreed price formula linked to future market pricing as well as satisfying base case pricing agreeable to both parties. The Supply Agreement is subject to other terms, conditions and termination rights standard for an agreement of this nature.
On Tuesday after market close, Tesla Inc (NASDAQ:TSLA) reported its second quarter results, missing earnings expectations. Upon the disappointing results, Tesla shares fell more than 8% during premarket trading on Wednesday, pulling down the shares of its rivals, Rivian Automotive Inc (NASDAQ:RIVN), Lucid Group Inc (NASDAQ:LCID), BYD Company Limited (OTC:BYDDY), Nio Inc (NYSE:NIO) and XPeng Inc (NYSE:XPEV). Second Quarter Highlights For the quarter that ended on June 30th, Tesla reported its automotive revenue dropped 7% YoY to $19.9 billion, marking its second straight quarter of YoY sales declines and first-ever consecutive quarters of declining sales volume. Tesla responded to slowin