Lucid Group (LCID) Expected to Announce Quarterly Earnings on Tuesday

Key Points

• Lucid Group is set to announce its Q2 2025 earnings on August 5th, with analysts predicting a loss of ($0.26) per share and revenue of $288.10 million.
• The company reported a negative net margin of 275.73% in its previous quarter, generating $235.05 million in revenue, which was below analysts' expectations of $250.50 million.
• Hedge funds own 75.17% of Lucid Group's stock, with several institutional investors recently increasing their holdings significantly in the first quarter.

Lucid Group (NASDAQ:LCID - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Tuesday, August 5th. Analysts expect the company to announce earnings of ($0.26) per share and revenue of $288.10 million for the quarter.

Lucid Group (NASDAQ:LCID - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.23) by ($0.01). Lucid Group had a negative net margin of 275.73% and a negative return on equity of 68.64%. The company had revenue of $235.05 million during the quarter, compared to analysts' expectations of $250.50 million. During the same period last year, the firm posted ($0.27) earnings per share. Lucid Group's revenue was up 36.1% on a year-over-year basis. On average, analysts expect Lucid Group to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Lucid Group Price Performance

Shares of LCID opened at $2.79 on Tuesday. Lucid Group has a fifty-two week low of $1.93 and a fifty-two week high of $4.43. The firm's 50 day moving average price is $2.39 and its 200 day moving average price is $2.51. The company has a market cap of $8.51 billion, a P/E ratio of -2.31 and a beta of 0.78. The company has a quick ratio of 2.97, a current ratio of 3.32 and a debt-to-equity ratio of 0.65.

Hedge Funds Weigh In On Lucid Group

A number of large investors have recently bought and sold shares of the company. NewEdge Advisors LLC increased its holdings in shares of Lucid Group by 103.2% in the 1st quarter. NewEdge Advisors LLC now owns 37,987 shares of the company's stock valued at $92,000 after purchasing an additional 19,294 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Lucid Group by 9.5% during the 1st quarter. Royal Bank of Canada now owns 110,716 shares of the company's stock worth $267,000 after purchasing an additional 9,578 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Lucid Group by 11.3% during the 1st quarter. Empowered Funds LLC now owns 110,844 shares of the company's stock worth $268,000 after purchasing an additional 11,252 shares during the last quarter. Focus Partners Wealth boosted its stake in shares of Lucid Group by 450.9% during the 1st quarter. Focus Partners Wealth now owns 215,241 shares of the company's stock worth $521,000 after purchasing an additional 176,170 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of Lucid Group by 89.9% during the 1st quarter. AQR Capital Management LLC now owns 537,801 shares of the company's stock worth $1,226,000 after purchasing an additional 254,551 shares during the last quarter. Hedge funds and other institutional investors own 75.17% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $3.00 target price on shares of Lucid Group in a research note on Wednesday, May 7th. Robert W. Baird upped their target price on shares of Lucid Group from $2.00 to $3.00 and gave the company a "neutral" rating in a report on Monday, April 21st. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $2.68.

About Lucid Group

Lucid Group, Inc a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services.

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