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LCID

8.65USD-0.78(-8.27%)Market Closed

Lucid Group, Inc.

Market Summary

USD8.65-0.78Market Closed
-8.27%

LCID Alerts

LCID Stock Price

RSI Chart

Valuation

Market Cap

23.8B

Price/Earnings

-12.72

Price/Sales

777.45

Price/Cashflow

-14.76

MarketCap/EBT

-12.72

Price/Sales

Profitability

Operating Margin

-2456.55%

EBT Margin

-6902.60%

Return on Equity

-50.45%

Return on Assets

-26.25%

Fundamentals

Revenue

Revenue (TTM)

376.9M

Revenue Y/Y

1.4K%

Revenue Q/Q

100.81%

Earnings

Earnings (TTM)

-1.9B

Earnings Y/Y

-1.09%

Earnings Q/Q

-140.49%

Price Action

52 Week Range

8.5447.59
(Low)(High)

Last 7 days

-11.4%

Last 30 days

-37.7%

Last 90 days

-41.2%

Trailing 12 Months

-80.7%

Financial Health

Current Ratio

7.59

Investor Care

Shares Dilution (1Y)

2.07%

Diluted EPS (TTM)

1.37

Financials for Lucid Group

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue44.8%3772601442716
Gross Profit--2.43
Operating Expenses-500
  S&GA Expenses-9.0%761836744652487
  R&D Expenses-3.6%764792769750756
Earnings Before Taxes-0.3%-1,876.93-1,871.36-1,912.73-2,579.71-1,660.15
Net Income-0.3%-1,877.51-1,871.81-1,913.11-2,579.76-1,721.24
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-3.4%6,8887,1297,4027,8826,139
  Current Assets-16.3%4,1564,9665,8646,5074,987
    Cash Equivalents-60.0%1,2643,1575,3926,2634,797
  Inventory23.9%68555333412761
  Net PPE-966----
Liabilities6.9%3,6573,4193,5723,9721,294
  Current Liabilities26.1%825654512396269
.    Short Term Borrowings449.6%14241525
    LT Debt, Non Current0.1%1,9911,9891,9881,987-
Shareholder's Equity-12.9%3,2313,7103,8293,9094,845
  Retained Earnings-7.8%-6,897.68-6,400.00-6,100.00-6,065.87-5,000.00
  Additional Paid-In Capital0.6%10,16310,0999,9979,9969,865
Accumulated Depreciation-50----
Shares Outstanding0.5%1,6801,6731,6671,6481,642
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-17.2%-1,890.47-1,612.61-1,334.06-1,058.13-746.48
  Share Based Compensation-23.4%503656587517368
Cashflow From Investing-60.2%-3,410.42-2,128.30-511.00-420.69-298.84
Cashflow From Financing-72.7%1,7346,3416,9487,1365,237
  Buy Backs-21

Risks

What is the probability of a big loss on LCID?

80.2%


Probability that Lucid Group stock will be more than 20% underwater in next one year

80.2%


Probability that Lucid Group stock will be more than 30% underwater in next one year.

80.2%


Probability that Lucid Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LCID drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Lucid Group was unfortunately bought at previous high price.

Returns

Cumulative Returns on LCID

Which funds bought or sold LCID recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Gould Capital, LLC
REDUCED
-26.88
-7,000
9,000
0.01%
2022-11-23
Toroso Investments, LLC
REDUCED
-2.13
-693,000
2,714,000
0.11%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
47.59
69,000
405,000
0.01%
2022-11-22
CONTINENTAL INVESTORS SERVICES, INC.
NEW
-
688,000
688,000
0.03%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-2,478,000
10,378,000
0.02%
2022-11-21
FourThought Financial, LLC
-
-
-2,000
7,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
1,170,000
1,170,000
-%
2022-11-18
Spotlight Asset Group, Inc.
NEW
-
2,723,000
2,723,000
2.71%
2022-11-18
Claro Advisors LLC
-
-
-
205,000
0.08%
2022-11-18
Industrial Alliance Investment Management Inc.
ADDED
4.45
-262,000
1,487,000
0.04%

1–10 of 38

Latest Funds Activity

Are funds buying LCID calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own LCID

Lucid Group News

Barron's

Lucid’s EV Discounts Are a Bad Omen for Demand.5 hours ago

The Motley Fool

Seeking Alpha

LCID Fair Value

Recent SEC filings of Lucid Group

View All Filings
Date Filed Form Type Document
Nov 15, 2022
SC 13D/A
13D - Major Acquisition
Nov 08, 2022
10-Q
Quarterly Report
Nov 08, 2022
424B5
Prospectus Filed
Nov 08, 2022
8-K
Current Report
Nov 08, 2022
8-K
Current Report
Oct 12, 2022
8-K
Current Report
Sep 08, 2022
4
Insider Trading
Sep 08, 2022
4
Insider Trading
Sep 08, 2022
4
Insider Trading
Sep 08, 2022
4
Insider Trading

Latest Insider Trading transactions for LCID

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-06
Rawlinson Peter Dore
SOLD (Taxes)
-7,075,920
15.16
-466,749
CEO & Chief Technology Officer
2022-09-06
House Sherry Ann
SOLD (Taxes)
-599,821
15.16
-39,566
Chief Financial Officer
2022-09-06
Bach Eric
SOLD (Taxes)
-646,801
15.16
-42,665
SVP, Product & Chief Engineer
2022-09-06
Bell Michael
SOLD (Taxes)
-878,598
15.16
-57,955
Senior Vice President, Digital
2022-09-06
Dhingra Gagan
SOLD (Taxes)
-26,954.5
15.16
-1,778
VP of Acctng & Internal Ctrl
2022-08-05
House Sherry Ann
SOLD (Taxes)
-
-
-86,508
Chief Financial Officer
2022-08-05
Bell Michael
SOLD (Taxes)
-
-
-281,020
Senior Vice President, Digital
2022-08-05
Bach Eric
SOLD (Taxes)
-
-
-116,606
SVP, Product & Chief Engineer
2022-06-09
Lindenberg Frank
ACQUIRED
-
-
9,825
-
2022-06-09
AUGUST GLENN R
ACQUIRED
-
-
9,825
-

1–10 of 46

Peter Rawlinson
3900
Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.

LCID Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue$ 195,457$ 232$ 350,468$ 719
Costs and expenses    
Cost of revenue492,4833,3201,030,7953,424
Research and development213,761242,408600,218586,579
Selling, general and administrative176,736251,554563,707455,478
Total cost and expenses882,980497,2822,194,7201,045,481
Loss from operations(687,523)(497,050)(1,844,252)(1,044,762)
Other income (expense), net    
Change in fair value of forward contracts000(454,546)
Transaction costs expensed0(2,717)0(2,717)
Interest income24,373027,2840
Interest expense(7,613)(76)(22,521)(111)
Other income (expense), net6652499,898(151)
Total other income (expense), net157,571(27,331)1,012,980(489,288)
Loss before provision for income taxes(529,952)(524,381)(831,272)(1,534,050)
Provision for income taxes1492254031
Net loss(530,101)(524,403)(831,812)(1,534,081)
Deemed dividend related to the issuance of Series E convertible preferred stock000(2,167,332)
Net loss attributable to common stockholders, basic(530,101)(524,403)(831,812)(3,701,413)
Change in fair value of dilutive warrants(140,146)0(998,319)0
Net loss attributable to common stockholders, diluted$ (670,247)$ (524,403)$ (1,830,131)$ (3,701,413)
Weighted average shares outstanding used in computing net loss per share attributable to common stockholders, basic (in shares)1,676,048,5041,217,032,2851,666,693,217432,654,607
Weighted average shares outstanding used in computing net loss per share attributable to common stockholders, diluted (in shares)1,690,963,5481,217,032,2851,686,576,589432,654,607
Net loss per share attributable to common stockholders, basic (in dollars per share)$ (0.32)$ (0.43)$ (0.50)$ (8.56)
Net loss per share attributable to common stockholders, diluted (in dollars per share)$ (0.40)$ (0.43)$ (1.09)$ (8.56)
Other comprehensive loss    
Net unrealized losses on investments, net of tax$ (12,575)$ 0$ (13,266)$ 0
Comprehensive loss(542,676)(524,403)(845,078)(1,534,081)
Deemed dividend related to the issuance of Series E convertible preferred stock000(2,167,332)
Comprehensive loss attributable to common stockholders(542,676)(524,403)(845,078)(3,701,413)
Change in fair value of convertible preferred stock warrant liability    
Other income (expense), net    
Change in fair value of stock warrants liability000(6,976)
Change in fair value of common stock warrant liability    
Other income (expense), net    
Change in fair value of stock warrants liability$ 140,146$ (24,787)$ 998,319$ (24,787)

LCID Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 1,264,136$ 6,262,905
Short-Term Investments2,078,0450
Accounts receivable, net2,6593,148
Inventory685,321127,250
Prepaid expenses57,25970,346
Other current assets69,00843,328
Total current assets4,156,4286,506,977
Property, plant and equipment, net1,954,3101,182,153
Right-of-use assets211,844161,974
Long-term investments513,7350
Other noncurrent assets51,49430,609
TOTAL ASSETS6,887,8117,881,713
Current liabilities:  
Accounts payable79,78141,342
Accrued compensation49,00832,364
Finance lease liabilities, current portion9,7804,183
Other current liabilities686,555318,212
Total current liabilities825,124396,101
Finance lease liabilities, net of current portion79,3716,083
Common stock warrant liability396,4891,394,808
Long-term debt1,990,5711,986,791
Other long-term liabilities365,009188,575
Total liabilities3,656,5643,972,358
Commitments and contingencies (Note 15)
STOCKHOLDERS’ EQUITY  
Preferred stock, par value $0.0001; 10,000,000 shares authorized as of September 30, 2022 and December 31, 2021; no shares issued and outstanding as of September 30, 2022 and December 31, 202100
Common stock, par value $0.0001; 15,000,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 1,681,005,163 and 1,648,413,415 shares issued and 1,680,147,338 and 1,647,555,590 shares outstanding as of September 30, 2022 and December 31, 2021, respectively168165
Additional paid-in capital10,162,7459,995,778
Treasury stock, at cost, 857,825 shares at September 30, 2022 and December 31, 2021(20,716)(20,716)
Accumulated other comprehensive loss(13,266)0
Accumulated deficit(6,897,684)(6,065,872)
Total stockholders’ equity3,231,2473,909,355
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 6,887,811$ 7,881,713