Lucid Group (NASDAQ:LCID – Get Free Report) is expected to announce its Q3 2026 results after the market closes on Monday, November 9th. Analysts expect the company to announce earnings of ($2.27) per share and revenue of $395.67 million for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Monday, November 9, 2026 at 5:30 PM ET.
Lucid Group (NASDAQ:LCID – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported ($2.78) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.36) by ($0.42). Lucid Group had a negative net margin of 249.21% and a negative return on equity of 1,391.51%. The firm had revenue of $405.35 million for the quarter, compared to the consensus estimate of $381.59 million. During the same period in the previous year, the business posted ($0.24) earnings per share. The business’s revenue for the quarter was up 56.2% compared to the same quarter last year. On average, analysts expect Lucid Group to post ($12.15) EPS for the current fiscal year and ($6.43) EPS for the next fiscal year.
Lucid Group Price Performance
LCID stock opened at $3.12 on Monday. The firm has a 50 day simple moving average of $4.06 and a 200 day simple moving average of $6.91. The firm has a market cap of $1.23 billion, a PE ratio of -0.23 and a beta of 0.80. Lucid Group has a 12 month low of $2.37 and a 12 month high of $18.10.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on LCID. Cantor Fitzgerald reiterated a “neutral” rating on shares of Lucid Group in a report on Monday, October 12th. Citigroup reduced their price target on shares of Lucid Group from $14.00 to $11.00 and set a “buy” rating for the company in a research report on Wednesday, August 19th. Royal Bank Of Canada decreased their price target on shares of Lucid Group from $7.00 to $4.00 and set a “sector perform” rating for the company in a report on Monday, October 12th. William Blair lowered Lucid Group to a “market perform” rating in a report on Monday, August 3rd. Finally, UBS Group reaffirmed a “hold” rating on shares of Lucid Group in a research report on Tuesday, October 6th. One equities research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Lucid Group presently has a consensus rating of “Reduce” and an average price target of $8.67.
Lucid Group Company Profile
Lucid Group, Inc is an electric vehicle and technology company headquartered in Newark, California. Through its Lucid Motors subsidiary, the company designs, engineers, and manufactures premium electric vehicles, with an emphasis on range, energy efficiency, performance, and advanced in-car technology.
Lucid’s vehicle lineup includes the Lucid Air luxury electric sedan and the Lucid Gravity electric SUV. The company also develops electric powertrains, battery systems, software, and other technologies for its vehicles.
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