Lucid Group Inc Stock News

Lucid Group stock price has bounced back and surged to its highest point since February 25. LCID soared by almost 50% from its lowest level this year, mirroring the performance of other companies like Tesla and Rivian Automotive.

Lucid Group (LCID -4.93%) has been on a hot streak of late with five consecutive quarters of record deliveries, and it might have an overlooked catalyst that came to the surface recently: tariffs. Unless you found a rock to hide under, however tempting that may be, you couldn't miss the wave after wave of tariffs, updates, retaliatory measures, deals, and truces that have recently taken place.

Since going public in 2021, Lucid Group (LCID 5.39%) has seen its stock struggle mightily, losing more than 80% of its value in that time period. After the steep decline, however, shares of the electric vehicle (EV) maker trade at a much lower valuation.

Lucid Motors set a company record for deliveries in the first quarter of 2025, shipping 3,109 EVs to customers in North America, Europe, and Saudi Arabia. It appears that a new company car program and sales to rental fleets helped it get there.

Lucid (LCID 3.96%) makes impressive electric vehicles, and the company's latest quarterly results show that it's making progress on improving vehicle sales and narrowing its losses. But tariffs, economic uncertainty, and a slowing electric vehicle market could hinder Lucid.

Lucid Group (LCID 0.76%) has a stock price of $2.51 and a market capitalization of just $7.7 billion, making it one of the smallest players in the U.S. electric vehicle (EV) space. However, if they exceed the market's expectations, smaller companies have more potential than larger ones to generate multibagger returns -- sometimes even enough to turn their early shareholders into millionaires.

Summary ⚈ Lucid reported a wider net loss of $731M despite 36% year-over-year revenue growth and 3,109 vehicle deliveries. ⚈ Stifel, Cantor Fitzgerald, and Needham all reiterated Hold/Neutral ratings, citing optimism around the Gravity SUV.

The earnings are in for Tesla Inc. (NASDAQ: TSLA), Rivian Inc.