Lucid Group, Inc. (LCID) -Revolutionizing the future of luxury transportation

Lucid Group, Inc. (LCID) (Q2FY23)

Stock Performance: Over the past 3 years, Lucid Group stock generated returns of -47% where the stock price has decreased from $9.72 in Oct 08, 2020 to $5.13 in Oct 06, 2023. The stock had a 200-Day Moving Average of $7.41 and a 50-Day Moving Average of $6.1.

In the past 1 year, LCID delivered returns of -61% where the stock price decreased from $13.01 in Oct 13, 2022 to $5.13 in Oct 06,2023. The stock had a 52 Week High of $17.81 and a 52 Week Low of $4.97. Over the past 3 months, LCID generated returns of -35% where the price decreased from $7.93 in Jul 10, 2023 to $5.13 in Oct 06, 2023.

Quarter Performance: In Q2FY23, LCID’s revenue grew to $150.9mn from $97.3mn in Q2FY22 and the COGS increased by 90% to $555.8mn from $292.3mn in the same period.

Guidance: For FY23, LCID expects its production volume to be more than 10,000 units and the capital expenditures to be in the range of ~$1.1bn-$1.3bn.

Highlights

In June 2023, Lucid announced a landmark agreement with Aston Martin, providing
their access to its Sapphire electric vehicle powertrain technology, which will result in Sapphire-enabled Aston Martin EVs.

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Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Crispidea Coverage

No of Pages: 28

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