Every Lucid Group Investor Should Keep an Eye on These 3 Numbers
Lucid Group (NASDAQ: LCID) is expected to have a terrific year when it comes to sales growth. Analysts expect revenue to nearly double in 2025. And with several new mass market models on the way, we could see this growth trajectory persist for years to come. It will be critical to track Lucid's actual revenue. But that's not the only number I'm keeping an eye on.Due to the recent introduction of its Gravity SUV platform, as well as the future launch of more affordable electric vehicles, Lucid is experiencing a phase of heavy top-line growth. That's great news for investors. But as a company yet to reach profitability, this growth comes at a cost. Lucid's cash balance is far below that of peers like Tesla and Rivian.Continue reading
Lucid Group (NASDAQ: LCID) is expected to have a terrific year when it comes to sales growth. Analysts expect revenue to nearly double in 2025. And with several new mass market models on the way, we could see this growth trajectory persist for years to come.
It will be critical to track Lucid's actual revenue. But that's not the only number I'm keeping an eye on.
Due to the recent introduction of its Gravity SUV platform, as well as the future launch of more affordable electric vehicles, Lucid is experiencing a phase of heavy top-line growth. That's great news for investors. But as a company yet to reach profitability, this growth comes at a cost. Lucid's cash balance is far below that of peers like Tesla and Rivian.
