Every Lucid Group Investor Should Keep an Eye on These 2 Numbers
Lucid Group (NASDAQ: LCID) is ready to ramp up sales aggressively over the next year or two. Following this year's release of its Gravity SUV platform, analysts now expect sales to jump by 73% in 2025. Next year, analysts predict another 96% jump in sales. But it's not just sales growth that investors should monitor. The two metrics below are equally important to track.As of last year, both Tesla and Rivian Automotive -- popular EV stocks that compete with Lucid -- achieved positive gross margins. Lucid, meanwhile, continues to lose money on every car it sells. Some analysts believe gross margins will stay negative for the company through 2026 even though management has stated that they expect profitability to improve incrementally over that time period. Continue reading
Lucid Group (NASDAQ: LCID) is ready to ramp up sales aggressively over the next year or two. Following this year's release of its Gravity SUV platform, analysts now expect sales to jump by 73% in 2025. Next year, analysts predict another 96% jump in sales.
But it's not just sales growth that investors should monitor. The two metrics below are equally important to track.
As of last year, both Tesla and Rivian Automotive -- popular EV stocks that compete with Lucid -- achieved positive gross margins. Lucid, meanwhile, continues to lose money on every car it sells. Some analysts believe gross margins will stay negative for the company through 2026 even though management has stated that they expect profitability to improve incrementally over that time period.
