LCID - Lucid Group, Inc.
Price:
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--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$6.40
DETAILS
HIGH:
$10.00
LOW:
$5.00
MEDIAN:
$6.00
CONSENSUS:
$6.40
UPSIDE:
5.44%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 1,353.8 | 807.8 | 595.3 | 608.2 | 27.1 | 4.0 | 4.6 |
| Cost of Revenue | 2,610.2 | 1,730.9 | 1,936.1 | 1,646.1 | 154.9 | 3.1 | 3.9 |
| Gross Profit | (1,256.4) | (923.1) | (1,340.8) | (1,037.9) | (127.8) | 0.9 | 0.7 |
| Operating Expenses | |||||||
| R&D Expenses | 1,211.4 | 1,176.5 | 937.0 | 821.5 | 750.2 | 511.1 | 220.2 |
| SG&A Expenses | 1,034.0 | 901.0 | 797.2 | 734.6 | 652.5 | 89.0 | 38.4 |
| Other Expenses | 0 | 20.3 | 24.5 | 0 | 0 | 0 | 0 |
| Operating Expenses | 2,245.4 | 2,097.7 | 1,758.8 | 1,556.1 | 1,402.7 | 600.1 | 258.6 |
| Operating Income | |||||||
| Operating Income | (3,501.8) | (3,020.8) | (3,099.6) | (2,594.0) | (1,530.4) | (599.2) | (257.9) |
| Interest Expense | 95.1 | 32.9 | 24.9 | 30.6 | 1.4 | 0.1 | 8.5 |
| Interest Income | 156.4 | 213.0 | 204.3 | 56.8 | 0 | 0 | 0 |
| Profitability | |||||||
| EBITDA | (2,154.0) | (2,384.5) | (2,568.9) | (1,067.2) | (2,502.9) | (709.3) | (264.9) |
| EBIT | (2,605.3) | (2,679.8) | (2,802.5) | (1,273.5) | (2,578.3) | (719.5) | (268.8) |
| Income Before Tax | (2,700.4) | (2,712.7) | (2,827.4) | (1,304.1) | (2,579.7) | (719.6) | (277.3) |
| Income Tax Expense | (2.3) | 1.2 | 1.0 | 0.4 | 0.0 | (0.2) | 0.0 |
| Net Income | (2,698.1) | (2,713.9) | (2,828.4) | (1,304.5) | (2,579.8) | (719.4) | (277.4) |
| Per Share Data | |||||||
| EPS (Basic) | -11.81 | -12.52 | -13.59 | -7.77 | -64.12 | -284.22 | -111.70 |
| EPS (Diluted) | -11.81 | -12.52 | -13.59 | -15.11 | -64.12 | -284.22 | -111.70 |
| Shares Outstanding | 311.7 | 244.5 | 208.2 | 167.8 | 74.0 | 2.5 | 2.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 997.8 | 1,606.9 | 1,369.9 | 1,735.8 | 6,262.9 | 614.4 | 351.7 |
| Short-Term Investments | 0 | 2,424.1 | 2,489.8 | 2,177.2 | 0 | 0.5 | 0.5 |
| Net Receivables | 177.2 | 112.0 | 51.8 | 19.5 | 3.1 | 0.3 | 0.4 |
| Inventory | 1,109.5 | 407.8 | 696.2 | 834.4 | 127.2 | 1.0 | 0.7 |
| Other Current Assets | 1,015.1 | 270.2 | 79.7 | 81.5 | 43.3 | 24.5 | 40.3 |
| Total Current Assets | 3,299.7 | 4,873.9 | 4,757.2 | 4,912.0 | 6,507.0 | 662.6 | 423.2 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 4,220.1 | 3,474.5 | 3,032.4 | 2,381.9 | 1,344.1 | 713.3 | 142.8 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 512.2 | 1,050.1 | 461.0 | 530.0 | 24.4 | 0 | 0 |
| Other Non-Current Assets | 355.0 | 249.4 | 262.2 | 55.3 | 6.2 | 26.9 | 13.6 |
| Total Non-Current Assets | 5,087.3 | 4,774.0 | 3,755.6 | 2,967.2 | 1,374.7 | 740.1 | 156.4 |
| Total Assets | 8,387.0 | 9,647.9 | 8,512.7 | 7,879.2 | 7,881.7 | 1,402.7 | 579.6 |
| Current Liabilities | |||||||
| Account Payables | 487.5 | 133.8 | 108.7 | 229.1 | 41.3 | 17.3 | 12.7 |
| Short-Term Debt | 756.0 | 126.4 | 72.5 | 9.6 | 15.3 | 1.0 | 0 |
| Deferred Revenue | 0 | 18.5 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1,392.6 | 653.5 | 569.4 | 269.2 | 155.7 | 109.3 | 37.9 |
| Total Current Liabilities | 2,636.1 | 1,165.3 | 1,008.4 | 937.6 | 396.1 | 185.3 | 65.9 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 104.6 | 2,002.2 | 1,997.0 | 1,991.8 | 1,986.8 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 4,929.0 | 2,301.7 | 333.9 | 275.0 | 1,398.1 | 2,536.2 | 58.8 |
| Total Non-Current Liabilities | 5,033.6 | 4,609.8 | 2,652.6 | 2,592.0 | 3,576.3 | 2,536.2 | 59.1 |
| Total Liabilities | 7,669.7 | 5,775.1 | 3,661.0 | 3,529.5 | 3,972.4 | 2,721.5 | 124.9 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.3 | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 |
| Retained Earnings | (15,610.7) | (12,912.7) | (10,198.8) | (7,370.3) | (6,065.9) | (1,356.9) | (637.5) |
| Accumulated Other Comprehensive Income | 11.7 | (2.1) | 4.8 | (11.6) | 0 | 0 | 0 |
| Total Stockholders' Equity | 717.3 | 3,872.8 | 4,851.7 | 4,349.7 | 3,909.4 | (1,318.8) | 454.7 |
| Total Liabilities & Equity | 8,387.0 | 9,647.9 | 8,512.7 | 7,879.2 | 7,881.7 | 1,402.7 | 579.6 |
| Debt Metrics | |||||||
| Total Debt | 860.5 | 2,476.9 | 2,427.9 | 2,348.5 | 2,208.7 | 1.0 | 0.2 |
| Net Debt | (137.3) | 870.0 | 1,058.0 | 612.7 | (4,054.2) | (613.4) | (351.4) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (2,698.1) | (2,713.9) | (2,828.4) | (1,304.5) | (2,579.8) | (719.4) | (277.4) |
| Depreciation & Amortization | 486.7 | 295.3 | 233.5 | 186.6 | 62.9 | 10.2 | 3.8 |
| Stock-Based Compensation | 271.3 | 285.9 | 257.3 | 423.5 | 516.8 | 4.6 | 7.7 |
| Change in Working Capital | (1,086.1) | (324.0) | (959.8) | (892.1) | (182.5) | 14.6 | 11.6 |
| Other Non-Cash Items | 66.5 | 437.1 | 807.6 | (639.8) | 1,124.5 | 119.7 | 18.9 |
| Operating Cash Flow | (2,959.7) | (2,019.7) | (2,489.8) | (2,226.3) | (1,058.1) | (570.2) | (235.3) |
| Investing Activities | |||||||
| Capital Expenditure | (868.2) | (883.8) | (910.6) | (1,074.9) | (421.2) | (459.6) | (104.3) |
| Acquisitions | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 |
| Purchases of Investments | (309.6) | (4,622.9) | (3,998.3) | (3,854.1) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 2,654.1 | 4,212.3 | 3,869.3 | 1,149.7 | 0.5 | 0 | 0 |
| Other Investing Activities | 2.1 | 0 | 92.7 | 97.6 | 0 | 0 | 0 |
| Investing Cash Flow | 1,478.4 | (1,294.5) | (947.0) | (3,681.7) | (420.7) | (459.6) | (104.3) |
| Financing Activities | |||||||
| Net Debt Issuance | 603.2 | 50.8 | 57.5 | (17.3) | 2,013.4 | (0.4) | 70.9 |
| Stock Repurchased | 0 | 0 | 0 | (218.8) | (20.7) | (12.1) | (50) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (12.9) | 4.8 | 16.6 | 31.7 | 4,543.7 | 3.3 | 0.5 |
| Financing Cash Flow | 915.2 | 3,549.7 | 3,070.9 | 1,347.2 | 7,136.4 | 1,290.5 | 621.4 |
| Cash Position | |||||||
| Net Change in Cash | (529.2) | 235.5 | (365.8) | (4,560.7) | 5,657.6 | 260.8 | 281.8 |
| Cash at Beginning | 1,546.9 | 1,371.5 | 1,737.3 | 6,298.0 | 640.4 | 379.7 | 97.8 |
| Cash at End | 1,017.7 | 1,607.1 | 1,371.5 | 1,737.3 | 6,298.0 | 640.4 | 379.7 |
| Free Cash Flow | (3,827.9) | (2,903.5) | (3,400.4) | (3,301.1) | (1,479.4) | (1,029.8) | (339.6) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 1,353.8 | 807.8 | 595.3 | 608.2 | 27.1 | 4.0 | 4.6 |
| Gross Profit | (1,256.4) | (923.1) | (1,340.8) | (1,037.9) | (127.8) | 0.9 | 0.7 |
| Operating Income | (3,501.8) | (3,020.8) | (3,099.6) | (2,594.0) | (1,530.4) | (599.2) | (257.9) |
| Net Income | (2,698.1) | (2,713.9) | (2,828.4) | (1,304.5) | (2,579.8) | (719.4) | (277.4) |
| EPS (Diluted) | -11.81 | -12.52 | -13.59 | -15.11 | -64.12 | -284.22 | -111.70 |
| Balance Sheet | |||||||
| Cash & Equivalents | 997.8 | 1,606.9 | 1,369.9 | 1,735.8 | 6,262.9 | 614.4 | 351.7 |
| Total Assets | 8,387.0 | 9,647.9 | 8,512.7 | 7,879.2 | 7,881.7 | 1,402.7 | 579.6 |
| Total Debt | 860.5 | 2,476.9 | 2,427.9 | 2,348.5 | 2,208.7 | 1.0 | 0.2 |
| Stockholders' Equity | 717.3 | 3,872.8 | 4,851.7 | 4,349.7 | 3,909.4 | (1,318.8) | 454.7 |
| Cash Flow | |||||||
| Operating Cash Flow | (2,959.7) | (2,019.7) | (2,489.8) | (2,226.3) | (1,058.1) | (570.2) | (235.3) |
| Capital Expenditure | (868.2) | (883.8) | (910.6) | (1,074.9) | (421.2) | (459.6) | (104.3) |
| Free Cash Flow | (3,827.9) | (2,903.5) | (3,400.4) | (3,301.1) | (1,479.4) | (1,029.8) | (339.6) |