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Lucid Group, Inc. (LCID) Stock Analysis

Falling Knife setup

SellVALUE-TRAP 2/5Moderate Confidence

Consumer Cyclical · Auto Manufacturers

Earnings in 5 days (2026-05-05). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Sell if holding. Engine safety override at $5.81: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.4/10 and A.R:R 6.1:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 28%; Below-average business quality; Negative price momentum.

Lucid Group designs, manufactures, and sells premium electric vehicles — the Lucid Air sedan and Lucid Gravity SUV — assembled at AMP-1 in Casa Grande, Arizona (90,000 vehicles/year capacity) and AMP-2 in Saudi Arabia. Revenue comes from direct-to-consumer vehicle sales through... Read more

$5.81+91.2% A.UpsideScore 5.4/10#5 of 16 Auto Manufacturers
Stop $5.45Target $11.11(analyst − 13%)A.R:R 6.1:1
Analyst target$12.77+119.8%11 analysts
$11.11our TP
$5.81price
$12.77mean
$30

Sell if holding. Engine safety override at $5.81: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.4/10 and A.R:R 6.1:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 28%; Below-average business quality; Negative price momentum. Chart setup: Death cross, below all MAs, RSI 22, MACD bearish. Score 5.4/10, moderate confidence.

Passes 5/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on weak momentum and death cross (50MA < 200MA) and earnings proximity 5d<=7d. Suitability: aggressive.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Customer: Government of Saudi Arabia
Concentration risk — Product: limited number of models
Quality below floor (2.0 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)-1.4
Mkt Cap$2.1B
EV/EBITDA-1.9
Profit Mgn-199.3%
ROE-66.0%
Rev Growth122.9%
Beta1.16
DividendNone
Rating analysts19

Quality Signals

Piotroski F2/9

Options Flow

P/C0.55bullish
IV120%elevated
Max Pain$3-48.4% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHCustomerGovernment of Saudi Arabia
    10-K Item 1A: 'If we are unable to fulfill the orders from the Government of Saudi Arabia ... our business, prospects, results of operations and financial condition could be materially and adversely affected.'
  • HIGHProductlimited number of models
    10-K Item 1A: 'We currently depend primarily on revenue generated from a limited number of models'
  • HIGHSuppliersingle-source suppliers
    10-K Item 1A: 'We are dependent on our suppliers, the majority of which are single-source suppliers'

Material Events(8-K, last 90d)

  • 2026-04-14Item 5.02MEDIUM
    Silvio Napoli named CEO effective April 15, 2026, pending U.S. work authorization. Marc Winterhoff (Interim CEO) resumes COO role when Napoli formally appointed. No reason for transition cited.
    SEC filing →
  • 2026-02-24Item 2.05MEDIUM
    ~12% U.S. workforce reduction (excluding hourly manufacturing workers) effective Feb 20, 2026. Reason: optimize costs as company focuses on Midsize platform launch, robotaxi market, and ADAS development.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

3 floor-breakers·2 ceiling hits

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Volume
0.0
Macd
0.9
Obv
1.0
Ma Position
1.0
Rsi
3.0
Capitulation risk (RSI 22, below 200MA)Volume distribution (falling OBV)Below 200-MA, MA slope -11.7%/30d — confirmed downtrend

Cyclical trough — margins compressed or negative. Profitability typically recovers with the cycle, but floor fires on current data.static

Roe
0.0
Roa
0.0
Fcf Quality
0.0
Piotroski F
2.2
Current Ratio
4.8
Moat
5.0
Cash-burning: FCF -177% of revenueNo competitive moatWeak Piotroski F-Score: 2/9Quality concerns

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Earnings History
0.0
Surprise Avg
0.0
Earnings Timing
5.0
News Activity
6.0
Erm
7.5
Earnings concerns: 1B/3MEarnings in 5 days
GatesMomentum 1.2<4.5Death cross (50MA < 200MA)EARNINGS PROXIMITY 5d<=7dA.R:R 6.1 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARFalling KnifeSuitability: Aggressive
RSI
22 · Oversold
20D MA 50D MA 200D MADEATH CROSSSupport $5.62Resistance $10.09

Price Targets

$5
$11
A.Upside+91.2%
A.R:R6.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (2.0 < 4.0)
! Value-trap signals (2/5): Margin compression (op margin 3.8%), Material insider selling (6 sells, 0.46% of cap)
! Momentum score 1.2/10 — below 4.5 minimum

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-05-05 (5d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is LCID stock a buy right now?

Sell if holding. Engine safety override at $5.81: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.4/10 and A.R:R 6.1:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 28%; Below-average business quality; Negative price momentum. Chart setup: Death cross, below all MAs, RSI 22, MACD bearish. Prior stop was $5.45. Score 5.4/10, moderate confidence.

What is the LCID stock price target?

Take-profit target: $11.11 (+91.2% upside). Prior stop was $5.45. Stop-loss: $5.45.

What are the risks of investing in LCID?

Concentration risk — Customer: Government of Saudi Arabia; Concentration risk — Product: limited number of models; Quality below floor (2.0 < 4.0).

Is LCID overvalued or undervalued?

Lucid Group, Inc. trades at a P/E of N/A (forward -1.4). TrendMatrix value score: 9.1/10. Verdict: Sell.

What do analysts say about LCID?

19 analysts cover LCID with a consensus score of 2.7/5. Average price target: $13.

What does Lucid Group, Inc. do?Lucid Group designs, manufactures, and sells premium electric vehicles — the Lucid Air sedan and Lucid Gravity SUV —...

Lucid Group designs, manufactures, and sells premium electric vehicles — the Lucid Air sedan and Lucid Gravity SUV — assembled at AMP-1 in Casa Grande, Arizona (90,000 vehicles/year capacity) and AMP-2 in Saudi Arabia. Revenue comes from direct-to-consumer vehicle sales through 45+ Studios in North America and online channels. The company incurred a net loss of $2.7 billion in 2025 with accumulated deficit of $15.6 billion.

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