Lucid Group Future Growth
Future criteria checks 2/6
Lucid Group is forecast to grow earnings and revenue by 23.4% and 42% per annum respectively. EPS is expected to grow by 28.8% per annum. Return on equity is forecast to be -54.2% in 3 years.
Key information
23.4%
Earnings growth rate
28.8%
EPS growth rate
| Auto earnings growth | 12.3% |
| Revenue growth rate | 42.0% |
| Future return on equity | -54.2% |
| Analyst coverage | Good |
| Last updated | 16 May 2024 |
Recent future growth updates
Recent updates
Lucid: This Downgrade Breaks My Heart
May 13Lucid Q1: Another New Low Possible
May 07Lucid: Business Strategy, Profitability, Prospects, All Falling Out Of Place
Apr 29Lucid: The Painful EV Consolidation Is Here, Will It Be Next?
Mar 26Lucid Group: Saudi Arabia Is Dedicated Despite The Risks
Mar 19Lucid: Why Hope Isn't An Investment Strategy
Mar 05Lucid Group, Inc. (NASDAQ:LCID) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Mar 01
Lucid Motors: It Is Not Going To Get Better In 2024
Feb 27The Lucid Group, Inc. (NASDAQ:LCID) Analysts Have Been Trimming Their Sales Forecasts
Feb 27What Will It Take For Lucid To Turn Around?
Feb 20Lucid Stock Still Has Room To Tank
Feb 10Lucid Group: Negatives Outweigh Positives
Jan 19Lucid Group, Inc.'s (NASDAQ:LCID) Price Is Out Of Tune With Revenues
Nov 09Analysts Have Lowered Expectations For Lucid Group, Inc. (NASDAQ:LCID) After Its Latest Results
Aug 10Bearish: Analysts Just Cut Their Lucid Group, Inc. (NASDAQ:LCID) Revenue and EPS estimates
May 10Analyst Forecasts Just Became More Bearish On Lucid Group, Inc. (NASDAQ:LCID)
Mar 04Lucid: After Recent Lows, Is The Stock A Buy?
Oct 19Lucid produced 2,282 vehicles in Q3, on track to achieve annual production guidance of 6K to 7K vehicles
Oct 12Lucid: Don't Turn Away From This Pullback Now - Buy Aggressively
Oct 05Lucid: Focus On EV Deliveries, Not Dilution
Sep 08Lucid's $8 Billion Shelf Filing - Should You Be Concerned?
Aug 30Analyst Forecasts Just Became More Bearish On Lucid Group, Inc. (NASDAQ:LCID)
Aug 13Lucid Motors' Abysmal Q2 Raises Even More Questions
Aug 10Lucid Cuts 2022 Guidance Again
Aug 04Lucid: Speculative Buy Before Earnings
Jul 26Lucid: The Market Has Been Quietly Buying, And So Should You (Technical Analysis)
Jul 14Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 3,653 | -1,563 | -2,120 | -721 | 9 |
| 12/31/2025 | 1,934 | -2,307 | -2,864 | -1,143 | 13 |
| 12/31/2024 | 733 | -2,708 | -3,657 | -1,908 | 13 |
| 3/31/2024 | 619 | -2,734 | -3,072 | -2,205 | N/A |
| 12/31/2023 | 595 | -2,828 | -3,400 | -2,490 | N/A |
| 9/30/2023 | 696 | -2,647 | -3,592 | -2,664 | N/A |
| 6/30/2023 | 753 | -2,547 | -3,745 | -2,720 | N/A |
| 3/31/2023 | 700 | -2,003 | -3,664 | -2,533 | N/A |
| 12/31/2022 | 608 | -1,304 | -3,301 | -2,226 | N/A |
| 9/30/2022 | 377 | -1,877 | -2,797 | -1,890 | N/A |
| 6/30/2022 | 182 | -1,872 | -2,322 | -1,613 | N/A |
| 3/31/2022 | 84 | -1,913 | -1,846 | -1,334 | N/A |
| 12/31/2021 | 27 | -4,747 | -1,479 | -1,058 | N/A |
| 9/30/2021 | 4 | -3,999 | -1,341 | -938 | N/A |
| 6/30/2021 | 4 | -3,636 | -1,231 | -816 | N/A |
| 3/31/2021 | 4 | -3,491 | -1,159 | -707 | N/A |
| 12/31/2020 | 4 | -706 | -1,030 | -570 | N/A |
| 12/31/2019 | 5 | -269 | -340 | -235 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LCID is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: LCID is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: LCID is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: LCID's revenue (42% per year) is forecast to grow faster than the US market (8.3% per year).
High Growth Revenue: LCID's revenue (42% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LCID is forecast to be unprofitable in 3 years.