Lucid Motors (LCID)
Consumer Discretionary · Luxury electric vehicles · NASDAQ
Lucid designs and manufactures premium electric vehicles with proprietary in-house powertrains and autonomous driving technology, but remains unprofitable despite rapid revenue growth.
What Lucid Motors does
Lucid is a technology company designing, manufacturing, and selling high-performance electric vehicles, including the Lucid Air sedan and Lucid Gravity SUV, with plans to introduce a Midsize platform. The company vertically integrates hardware, software, and battery development in-house, sells vehicles directly to consumers through company-owned retail and service networks, and is developing autonomous driving systems in partnership with technology leaders. Manufacturing occurs at its Advanced Manufacturing Plant in Arizona (AMP-1) and a facility in Saudi Arabia (AMP-2).
Themes: ["luxury electric vehicles","EV powertrains and batteries","autonomous mobility / robotaxis","vertical integration","direct-to-consumer sales"]
Fundamentals
- Price$5.83 as of 2026-07-09 close
- Market cap$2.3B as of 2026-07-10
- 1-year return-74.4% as of 2026-07-09 close
- Net margin-239.8% as of 2026-07-10
- Gross margin-92.5% as of 2026-07-10
- ROE-103.1% as of 2026-07-10
- Debt / equity1.41 as of 2026-07-10
- Revenue growth (YoY)+61.0% as of 2026-07-10
- Revenue CAGR (3y)+30.6% SEC XBRL
- Beta0.88 as of 2026-07-10
Key risks (from latest filing)
["Continued substantial operating losses and negative net margins despite revenue growth, with dependency on external funding and private placements to fund operations and manufacturing expansion","Production ramp challenges and execution risk on new models, including the Midsize platform scheduled for late 2026 and ramping AMP-1 and AMP-2 capacity","Exposure to adverse economic conditions, trade policy uncertainties, tariffs, and changes in consumer demand for premium electric vehicles in a competitive market"]
Competitors & peers
- Tesla (TSLA)
- Porsche
- BMW
- Mercedes-Benz
- Rivian (RIVN)
- Genesis
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.