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Lucid Group Inc reports results for the quarter ended June 30 - Earnings Summary

Lucid Group Inc reports results for the quarter ended June 30 - Earnings Summary
  • Lucid Group Inc LCID.OQ reported a quarterly adjusted loss of $3.30​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $-2.40. The mean expectation of twelve analysts for the quarter was for a loss of $2.46 per share. Wall Street expected results to range from $-2.98 to $-2.02 per share.

  • Revenue rose 56.2% to $405.35 million from a year ago; analysts expected $416.05 million.

  • Lucid Group Inc's reported EPS for the quarter was a loss of $3.30​.

  • The company reported a quarterly loss of $1.26 billion.

  • Lucid Group Inc shares had risen by 15.1% this quarter and lost 27.2% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 2.1% in the last three months.​

  • In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 9 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the auto & truck manufacturers peer group is "buy."

  • Wall Street's median 12-month price target for Lucid Group Inc is $7.00, about 10% below its last closing price of $7.70

This summary was machine generated from LSEG data August 4 at 08:46 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2026

-2.46

-3.30

Missed

Mar. 31 2026

-2.65

-3.46

Missed

Dec. 31 2025

-2.61

-3.62

Missed

Sep. 30 2025

-2.25

-2.65

Missed

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