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Lucid Group Inc (NASDAQ: LCID) |
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Price: $2.5600
$0.03 
1.186%
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| Day's High:
| $2.57
| Week Perf:
| 7.11 %
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| Day's Low: |
$ 2.46 |
30 Day Perf: |
8.7 % |
| Volume (M): |
73,981 |
52 Wk High: |
$ 4.43 |
| Volume (M$): |
$ 189,392 |
52 Wk Avg: |
$2.87 |
| Open: |
$2.54 |
52 Wk Low: |
$1.93 |
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| Market Capitalization (Millions $) |
6,270 |
| Shares
Outstanding (Millions) |
2,449 |
| Employees |
1,600 |
| Revenues (TTM) (Millions $) |
808 |
| Net Income (TTM) (Millions $) |
-2,714 |
| Cash Flow (TTM) (Millions $) |
236 |
| Capital Exp. (TTM) (Millions $) |
884 |
Lucid Group Inc
Lucid Group Inc. is a healthcare communications company that specializes in designing and disseminating complex scientific information to medical professionals around the world. The company was founded in 2001 and is headquartered in New York City.
The company's key focus is to create polished and impactful communications for clients in the pharmaceuticals, biotech, and medical device industries. Lucid Group offers a range of services that include medical writing, publication planning, digital and creative design, market research, and corporate communications. Its expertise lies in producing content for conferences, medical journals, scientific publications, websites, and social media channels.
Lucid Group has a team of over 200 employees globally, and it operates in numerous locations, including the United States, United Kingdom, and Asia. The company's clients include some of the world's leading pharmaceutical companies, such as Pfizer, AstraZeneca, Novartis, and Sanofi.
One of Lucid Group's standout features is its culture of nurturing and retaining its employees. The company provides a supportive and inclusive work environment, investing in employee training and well-being. It emphasizes employee engagement initiatives to retain top talent and encourage diversity, equity, and inclusion.
In addition to its core business model, Lucid Group is passionate about making an impact in the broader healthcare community. The company frequently engages in philanthropic initiatives, such as charity events and volunteer programs.
Overall, Lucid Group is an innovative company that has earned a reputation for delivering superior healthcare communications solutions to its clients. Its commitment to nurturing its employees and operating responsibly in the healthcare industry has built a loyal customer base and increased its recognition as a market leader.
Company Address: 7373 Gateway Boulevard Newark 94560 CA
Company Phone Number: 648-3553 Stock Exchange / Ticker: NASDAQ LCID
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| Stock Performances by Major Competitors |
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| Lucid Group Inc
Lucid Group Inc Faces Challenges in Competitive EV Market
Investors in Lucid Group Inc (NASDAQ: LCID) should approach the stock with caution as the company faces challenges and risks in the highly competitive electric vehicle (EV) industry. While the company's revenue saw a significant increase in the second quarter of the 2024 earnings season, its losses continue to mount, indicating potential issues that could hinder its long-term growth prospects.
In the second quarter of 2024, Lucid Group reported a loss of $0.34 per share, an improvement compared to the previous year's loss of $0.30 per share. However, the company's net shortfall of $643.390 million in the same period raises concerns about its financial stability. Despite a 32.946% surge in revenue to $200.58 million from the previous year, the company's losses remain alarming.
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| Stocks on the Move
Published Tue, Jul 16 2024 9:18 AM UTC
Lucid Group (LCID) stock price continued its upward trajectory on Thursday, reaching a high of $3.37, the highest point since February this year. The surge in price comes as demand for electric vehicle (EV) companies sees a significant rise. The question arises: how high can LCID actually reach The increased interest in EV companies can be attributed to their role in shaping...
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| Lucid Group Inc
As a financial journalist for the CSIMarket.com, I have been closely following the latest financial results of Lucid Group Inc, a leading player in the electric vehicle industry. The company recently reported its fiscal first quarter results for 2024, showing both positives and negatives.
On the positive side, Lucid Group Inc saw a significant improvement in its revenue, with a 15.598% increase to $172.74 million compared to the same period last year. This growth is impressive, especially when compared to the average 2.18% revenue rise of its industry peers. Additionally, the company managed to reduce its net shortfall to $-680.859 million from $-779.528 million in the previous year.
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| Lucid Group Inc
Lucid Group Inc (LCID) recently disclosed their October to December 31, 2023 financial span, which showcased some disastrous results for the company. Revenue plummeted by a staggering 65.304% to $157.15 million, and the net loss per share widened to $-0.23, from the same period a year ago. Comparatively, the rest of the EV, Auto & Truck Manufacturers industry showed revenue growth during the same period.
In the previous financial reporting period, LCID reported a net loss per share of $-0.28, but revenue saw a modest increase of 14.031% from $137.81 million. However, the current financial span marked a significant drop in revenue and an exacerbation of losses for the company. The net loss for this period was $-653.766 million, a considerable increase from $-478.346 million a year ago.
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| Lucid Group Inc
Lucid Group Inc Reports Improved Financial Performance for Fiscal Year Ending September 30, 2023
Lucid Group Inc, the electric vehicle manufacturer, has reported its financial results for the fiscal year ending September 30, 2023. Despite a decrease in revenue and a net deficit, the company has shown positive signs of improvement in various key metrics.
Earnings per Share Analysis:
For the fiscal year ending September 30, 2023, Lucid Group Inc recorded a decrease in loss per share compared to the previous year. The loss per share decreased from $-0.40 to $-0.28, indicating a positive trend in profitability. Additionally, compared to the previous quarter, Lucid Group Inc experienced a significant improvement in income per share, which increased from $-0.40 to an undisclosed amount.
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| Per Share |
Current |
| Earnings (TTM) |
-1.27 $ |
| Revenues (TTM) |
0.33 $
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| Cash Flow (TTM) |
0.1 $ |
| Cash |
1.65 $
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| Book Value |
1.58 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
-1.27 $
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| Revenues (TTM) |
0.33 $ |
| Cash Flow (TTM) |
0.1 $ |
| Cash |
1.65 $
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| Book Value |
1.58 $ |
| Dividend (TTM) |
0 $ |
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| North America |
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 73.69 % |
of total Revenue |
| Middle East |
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24.82 % |
of total Revenue |
| Other international |
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1.49 % |
of total Revenue |
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