Lucid Group reports wider-than-expected Q4 loss

Lucid

24/02/2026 21:25

Overview

EV maker's Q4 2025 revenue rose 123% yr/yr, beating analyst expectations

Q4 Adjusted loss per share is wider than the analysts' expectations

Company delivered 5,345 vehicles in Q4, up 72% yr/yr

Outlook

Lucid sees 2026 production guidance at 25,000-27,000 vehicles

Lucid plans to deploy first robotaxis into commercial service in 2026

Result Drivers

VEHICLE DELIVERIES - Lucid delivered 5,345 vehicles in Q4 2025, up 72% yr/yr, contributing to revenue growth

PRODUCTION GROWTH - Nearly doubled production year over year, aligning with 2025 annual production guidance despite supply chain and tariff challenges

WIDENING OPERATING LOSS - The loss from operations grew to $1.06 billion in Q4 2025 from $733.0 million in the same period last year, as total costs and expenses rose to $1.59 billion

Company press release: ID:nPnbMrCqLa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$522.70 mln
$469.20 mln (7 Analysts)
Q4 Adjusted EPS
-$3.08
-$2.62

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 9 "hold" and 2 "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 $16.91, about 79.1% above its February 23 closing price of $9.44

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)