Lucid Group Inc
NASDAQ:LCID

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Lucid Group Inc
NASDAQ:LCID
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Price: 2.09 USD 2.96%
Market Cap: 6.3B USD
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Lucid Group Inc
Gross Profit

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Lucid Group Inc
Gross Profit Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Gross Profit CAGR 3Y CAGR 5Y CAGR 10Y
Lucid Group Inc
NASDAQ:LCID
Gross Profit
-$1.3B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
General Motors Co
NYSE:GM
Gross Profit
$22.3B
CAGR 3-Years
3%
CAGR 5-Years
8%
CAGR 10-Years
5%
Thor Industries Inc
NYSE:THO
Gross Profit
$1.5B
CAGR 3-Years
-8%
CAGR 5-Years
8%
CAGR 10-Years
12%
Ford Motor Co
NYSE:F
Gross Profit
$14B
CAGR 3-Years
1%
CAGR 5-Years
1%
CAGR 10-Years
-5%
Rivian Automotive Inc
NASDAQ:RIVN
Gross Profit
-$1.7B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Tesla Inc
NASDAQ:TSLA
Gross Profit
$17.7B
CAGR 3-Years
18%
CAGR 5-Years
34%
CAGR 10-Years
37%
No Stocks Found

Lucid Group Inc
Glance View

Market Cap
6.3B USD
Industry
Automobiles

Lucid Group Inc., a pioneer in the electric vehicle (EV) market, is making waves with its luxurious and innovative approach to sustainable transportation. Founded in 2007, this California-based manufacturer has carved a niche for itself by blending cutting-edge technology with high-end design. The company’s flagship model, the Lucid Air, has garnered widespread acclaim for its impressive range, rapid charging capabilities, and unparalleled performance, positioning itself as a direct competitor to established luxury automakers as well as other EV manufacturers. Lucid's commitment to sustainability is evident in its ambitious plans to produce vehicles that are not only eco-friendly but also redefine the driving experience, attracting a diverse clientele from eco-conscious consumers to tech enthusiasts seeking premium automotive solutions. As an investment opportunity, Lucid Group represents a compelling blend of promise and challenges in a rapidly evolving industry. With strong backing from institutional investors and significant partnerships within the tech and automotive sectors, Lucid is poised for growth as it expands its manufacturing capabilities and product offerings. However, the company operates in a competitive landscape, facing hurdles such as scaling production and navigating supply chain disruptions. Investors should consider the potential upside of being part of Lucid’s journey to lead the luxury electric vehicle market while remaining cognizant of the volatility characteristic of emerging tech-driven industries. With a robust vision for the future of transportation and a commitment to innovation, Lucid Group Inc. stands at the forefront of a significant shift in the automotive paradigm, promising to reshape how we think about electric vehicles.

LCID Intrinsic Value
2.36 USD
Undervaluation 11%
Intrinsic Value
Price

See Also

What is Lucid Group Inc's Gross Profit?
Gross Profit
-1.3B USD

Based on the financial report for Dec 31, 2023, Lucid Group Inc's Gross Profit amounts to -1.3B USD.

What is Lucid Group Inc's Gross Profit growth rate?
Gross Profit CAGR 1Y
-29%

Over the last year, the Gross Profit growth was -29%.

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