Lucid Group, Inc. LCID
Caution (early) EV & Mobility sector · Luxury EVs with class-leading range — tiny volumes, heavy losses, Saudi-backed.
🗓 Reports earnings in 74 days (2026-11-04) — calendar context, not a prediction.
Lucid Group, Inc. (LCID) is an early-stage EV & Mobility company, graded Caution (early) on FrontierLab's evidence-based quality rubric (data as of 2026-08-21). Revenue grew 66.5% year-over-year at a -96.6% gross margin. Gross-profits-to-assets is -0.19; Rule of 40 is -194.7. Net share issuance 25% YoY (heavy issuance). 5 risk flags are noted below. Analyst mix: 2 buy / 11 hold / 6 sell.
These sentences are generated from the day's data by deterministic templates.
Key quality signals
| Revenue growth (YoY) | 66.5% |
|---|---|
| Gross margin | -96.6% |
| Gross profits / assets | -0.19 |
| Rule of 40 | -194.7 |
| Net margin | -261.2% |
| Cash runway (months) | 1.7 |
| PEG | — |
| Price / sales | 1.2 |
Quality checklist
Each line is one quality test behind the grade — ✓ passed · ~ borderline · ✗ failed. Hover a metric in the tables below for what it means.
- ✓ Revenue growth — 66.5% (pass ≥ 20%)
- ✗ Capital efficiency
- ✗ Gross margin — -96.6% (pass ≥ 25% · EV & Mobility)
- ✓ Gross-margin trend — 2.7 (pass ≥ 2)
- ~ Share dilution — 25%
- ✗ Competitive moat — None
- ~ Market size (TAM) — Mod
Grade history
Graded Caution (early) since 2026-06-10 — no grade changes recorded yet.
How have Early-stage-graded names performed?
The forward returns of all Early-stage-graded names since each grade was recorded — the bucket this name currently sits in, not a forecast of this individual stock.
| Window | Forward record vs the S&P | Median |
|---|---|---|
| ~1 month | 69% of Early-stage-graded names beat the S&P over 21 sessions (95% CI 51–82%, N=32). | Median excess vs the S&P was +3.9%. |
| ~3 months | building — 13 more sessions needed | |
| ~6 months | building — 76 more sessions needed | |
How have this name's flags scored?
| Flag | N | Mean excess vs S&P |
|---|---|---|
| Burning cash — operating margin is negative. | 35 | +7.4% |
| Cash runway ~2 months at current burn — a dilutive raise looks imminent. | sample still too small to report (need ≥ 8) | |
| Thin gross margin — keeps little of each sales dollar (judge it against its industry). | 20 | +2.1% |
| Heavy dilution (~25%/yr) — top-decile share issuers have historically underperformed. | sample still too small to report (need ≥ 8) | |
| Parabolic one-day spike (+22%) in the last month — extreme single-day moves tend to mean-revert. | sample still too small to report (need ≥ 8) | |
These per-flag figures are observational — a flag firing is not a randomized assignment, so any edge can reflect what kind of names trip a flag, not the flag itself. Descriptive, not causal.
Scope: these are forward returns vs the S&P among names still covered at each horizon's end, within the curated universe — not a survivorship-clean whole-market backtest. Names later dropped from coverage are counted as attrition (not hidden), and single-session moves beyond ±300% are treated as split/data artifacts and excluded. How this is measured → · Full track record →
How it compares
Coarse same-sector, same-stage context — not a percentile or rank. GP/A is graded on its absolute level, not position.
Fundamentals
| Market cap | $1.79B |
|---|---|
| Stage | Early |
| Share issuance (YoY) | 25% · heavy issuance |
| Moat | None |
| TAM | MOD |
| P/E (trailing) | — |
| EPS (trailing) | $-13.69 |
| Burn multiple | 3.4 |
| Gross-margin trend (pts) | 2.7 |
| Cash / assets | 0.1 |
| Accruals (%) | 14.4% |
| Net debt / EBITDA | — |
| Statements as of | Q2 FY2026 · filed 2026-08-04 |
Momentum context — describes the past, not a signal
Low reached Jul 14, 2026 · high reached Oct 3, 2025 — by daily close.
| Price | $5.63 (as of 2026-08-20) |
|---|---|
| Last session move | — |
| % off 52-wk high | -77.7% |
| RSI (14) | 39 |
| Relative volume | 1.5× |
Risk flags
Positive signals
Insider activity (90 days)
| Cluster buyers | 0 |
|---|---|
| Sellers | 1 |
Insider selling is routine diversification, not a bearish signal.
Analyst mix
| Strong buy | 2 |
|---|---|
| Buy | 0 |
| Hold | 11 |
| Sell | 4 |
| Strong sell | 2 |
▲ Analyst view improving — net +1 buy rating over ~4 weeks (per aggregated analyst ratings)
Ratings are context, not a price target. "Momentum" = how the mix changed over recent weeks, not a forecast.
From the headlines
Citigroup maintains buy rating, lowers price target to $11.
- Citigroup Maintains Buy on Lucid Group, Lowers Price Target to $11
- CORRECTION: Privately-Held Lucid Group, A Healthcare Communications And Commercialization Company, Named Eric Muller As CEO, Not The Electric Vehicle Company
AI take — daily, AI-generated
AI leans cautious
Lucid is burning cash at an alarming rate (1.7-month runway) with massive negative margins, and even Citigroup's 'buy' comes with a price-target cut—this is a speculative bet on survival, not fundamentals.
Generated by an AI model from the day's news — an opinion for context only. Not financial advice, not a recommendation, and not a price target.
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Data as of 2026-08-21 08:12 (end-of-day). How grades are computed →