⚈ Stifel, Cantor Fitzgerd, and Needham, repeat all categories/neutral, indicating optimism about Gravity Suv.
⚈ LCID is still less than 12 % on an annual basis as investors weigh production goals against continuous financial challenges.
Several investment banks released an optimistic look with caution on the Lucid (Nasdaq: LCID) stock in a critical moment, after the mixed car company (EV) mixed The results of the first quarter.
In the first quarter, Lucid informed a medium net loss of $ 731 million, an increase of $ 685 million in the previous year. Despite the loss, the company achieved 3,109 cars and achieved $ 235 million revenues, an increase of 36 % on an annual basis.
In the future, Lucid aims to increase production to 20,000 cars in 2025, more than twice a total of 9,000 last year.
The market reaction was modest, with LCID shares increased by 1.7 % to $ 2.66 at the time of the press. However, the shares are still low more than 12 % on an annual basis.
Analysts update the price of a clear share
On May 12, Stefel Stephen Jingro’s analyst “Comment” and the goal of $ 3 for Lucid, citing the performance of the Solid Q1 2025 driven by improving cost management and progressing towards annual production goals. The company expressed its optimism about the upcoming Gravity Suv, its ability to boost sales and see the brand until 2026. However, GenGaro maintained a cautious position due to the constant burning of Lucid money and the potential need for additional capital. Stifel also informed the definitions as a potential withdrawal process to recover the margin.
On the same day, Cantor Fitzgerald Andres Sheepard analyst again confirmed the “neutral” rating on Lucid, with a highlight of its strong partnership with the Public Investment Fund in the Kingdom of Saudi Arabia (PIF) and competitive EV technology. He referred to Gravity Suv, now in production, as it is a potential stimulus. However, the company has been cautious due to the continuous financial conflicts of Lucid, including negative total margins, potential capital increase, recent administrative changes, and wider macroeconomic risk.
On May 7, Chris Pears, Nidham analyst, supported the “Comment” classification for Lucid, pointing to the encouragement of early signs of Gravity Suv, who sees as a potential growth driver in the short term. While Lucid increased 58 % on an annual basis in vehicle delivery operations and overcame the arrow profit expectations, revenues are less than expectations. Pears acknowledged the strong liquidity of the company and the favorable tariff environment, but it put on constant losses, high cash burning, and uncertainty about its ability to expand profitable.
Distinctive image via Shutterstock
