Lucid opens EV factory in Saudi Arabia
Electric automaker, Lucid Group (NASDAQ:LCID) announced Wednesday the opening of the company’s first international manufacturing plant. The facility is located in Saudi Arabia's Jeddah...
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Lucid Group News & Analysis
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Lucid Group Opens Car Manufacturing Facility in Saudi Arabia
Lucid Group, Inc. (LCID), setting new standards for the luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, has officially opened the first-ever car...
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Federal Reserve maintains key interest rate, investors grapple with market volatility
On Monday, the Federal Reserve decided to leave its key interest rate unchanged for the second time in the past three meetings. This decision signals a moderation in its fight against...
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Lucid Group eyes earnings growth despite recent stock slide
In the most recent trading session on Wednesday, Lucid Group (NASDAQ:LCID), an electric vehicle automaker, closed at $5.45, marking a -0.91% move from the previous day. This move was...
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Tesla in early talks to enter Saudi Arabia
The Wall Street Journal reports Monday morning, citing unnamed sources, that electric vehicle giant, Tesla (NASDAQ:TSLA) has entered talks with Saudi Arabia about setting up a manufacturing...
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Arm Holdings' Nasdaq debut sparks index inclusion speculation
British chip designer Arm Holdings, following its public debut on the Nasdaq last Thursday, is now under consideration for inclusion in popular indexes such as the Nasdaq 100. However,...
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RBC says Lucid products are 'compelling but do not have enough traction'; Initiates coverage at 'sector perform'
RBC Capital initiated coverage of Lucid Group (NASDAQ:LCID) with a Sector Perform rating and set their 12-month price target on the EV stock at $6.00. After evaluating the technology...
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RBC Capital Starts Lucid Group Inc. at Sector Perform
(Updated - September 8, 2023 5:00 AM EDT) RBC Capital analyst initiates coverage on Lucid Group Inc. (LCID) with a Sector Perform rating and a price target of $6.00.The analyst comments...
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Baird initiates Lucid at Neutral; Performance is 'among the best'
Baird has initiated coverage on luxury EV maker, Lucid Group (NASDAQ:LCID) with a Neutral rating and has set a 12-month price target for the stock at $7.00. In Q123 and Q223, LCID managed to...
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Baird Starts Lucid Group Inc. at Neutral, 'A New Approach to the Automotive Dream'
(Updated - September 6, 2023 4:13 AM EDT) Baird analyst initiates coverage on Lucid Group Inc. (LCID) with a Neutral rating and a price target of $7.00.The analyst comments "LCID produces...
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Lucid to debut Air Midnight Dream Edition at IAA in Munich
Luxury electric vehicle maker, Lucid Group Inc (NASDAQ:LCID) announced Friday that the automaker will be presenting their new Lucid Air luxury electric sedan for the first time at the...
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Tesla , other EV names gain
Tesla (TSLA) and other EV names are stronger today, helped in part by weaker economic data - which is a doubled-edge sword. On one hand it could stop the Fed from hiking rates, on the other...
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VinFast soars 78% ahead of Nasdaq debut
Shares of Vietnamese car company, VinFast (VFS) are up more than 78% in premarket trading as the company prepares for its debut trading day in the U.S. following its merger deal with special...
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Vinfast to list on Nasdaq next week as 'VFS'
Special Acquisitions Company, Black Spade Acquisition Co (NYSE:BSAQ) voted Thursday to merge with electric automaker, VinFast, allowing the Vietnamese company to list on the Nasdaq...
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Exane BNP Paribas downgrades Lucid Group to 'underperform' with a price target of $5.00
An analyst from Exane BNP Paribas downgraded Lucid Group (NASDAQ: LCID) from 'neutral' to 'underperform' with a price target of $5.00 from a prior price target of %currency%%price%. Prior...
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Lucid releases full specs of its Air Sapphire halo EV
Lucid Group Inc (NASDAQ:LCID) unveiled the final specifications for their Air Sapphire halo in a press release posted on their website Tuesday. The company’s $249,000 Lucid Air Sapphire...
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Lucid Group Announces Final Production Specifications for the Lucid Air Sapphire
Lucid Group, Inc. (LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today unveiled the final production specs for...
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Citi maintains Lucid Group at 'neutral' with a price target of $7.50
An analyst from Citi maintained Lucid Group (NASDAQ: LCID) at 'neutral' with a price target of $7.50 from a prior price target of %currency%%price%. Prior to this rating, Lucid Group had 4...
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Needham & Company maintains Lucid Group at 'buy' with a price target of $9.00
An analyst from Needham & Company maintained Lucid Group (NASDAQ: LCID) at 'buy' with a price target of $9.00 from a prior price target of %currency%%price%. Prior to this rating,...
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Eli Lilly, UPS ahead, SoftBank's surprise loss - what's moving markets
Investing.com -- U.S. stock futures point lower ahead of a raft of new corporate earnings that include results from Eli Lilly and UPS. Elsewhere, SoftBank slips to a surprise quarterly loss,...
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Dow futures steady, Chegg surges 23.9% after earnings
Investing.com - U.S. stock futures were trading in a tight range during Monday's evening deals, following a positive session among major benchmark averages as investors parsed corporate...
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After-hours movers: Chegg gains on results and AI ramp, Beyond Meat falls following EPS
After-Hours Stock Movers Chegg (NYSE:CHGG) 25% HIGHER; reported Q2 EPS of $0.28, in-line with the analyst estimate of $0.28. {{erl-48369||Revenue for the quarter came in at $182.85 million...
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Lucid reports Q2 miss, reaffirms 2023 production target, shares gain 4%
Lucid Group (LCID) shares rose more than 4% after-hours despite the company reporting worse-than-expected {{erl-1166456||Q2 results. EPS came in at ($0.40), compared to the consensus...
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Lucid Group earnings missed by $0.05, revenue fell short of estimates
Investing.com - Lucid Group (NASDAQ: LCID) reported second quarter EPS of $-0.40, $0.05 worse than the analyst estimate of $-0.35. Revenue for the quarter came in at $150.9M versus the...
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Lucid slashes prices of Air Sedan as competition heats up
American luxury electric automaker, Lucid Motors (NASDAQ:LCID) announced over the weekend, significant price reductions of their Air luxury sedans by as much as $12,400. The cuts come in...
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Bank of America Neutral on Lucid as delivery numbers fall short
Bank of America reiterated a Neutral rating on Lucid Group (NASDAQ:LCID) with a 12-month price target of $8.00 after the automaker announced delivery numbers below forecasts. LCID reported a...
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BofA Securities initiates coverage of Lucid Group at 'neutral' with a price target of $8.00
An analyst from BofA Securities initiated coverage of Lucid Group (NASDAQ: LCID) at 'neutral' with a price target of $8.00. Prior to this rating, Lucid Group had 4 buy ratings, 6 hold...
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Citi maintains Lucid Group at 'neutral' with a price target of $8.00
An analyst from Citi maintained Lucid Group (NASDAQ: LCID) at 'neutral' with a price target of $8.00. Prior to this rating, Lucid Group had 4 buy ratings, 5 hold ratings, and 1 sell...
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Lucid sinks as deliveries fall short of expectations amid demand concerns
Shares of American luxury EV startup Lucid (NASDAQ:LCID) fell more than 10% in early trading Wednesday after the automaker revealed that the company had delivered 1,404 of its Air sedans to...
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Lucid Group Reports Q2 Production of 2,173 EVs, Delivery of 1,404 EVs
Lucid Group, Inc. (LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today announced production and delivery totals...
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Citi resumes Lucid at Neutral as focus shifts to near-term demand
Citi resumed their coverage of Lucid Group (NASDAQ:LCID) with a Neutral/High Risk rating and a 12-month price target of $8.00 after the company announced a collaboration deal with luxury...
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