Lucid Group (LCID)


Market Price (11/13/2026): $3.27 | Market Cap: $1.3 BilSector: Consumer Discretionary | Industry: Automobile Manufacturers

Lucid Group (LCID)


Market Price (11/13/2026): $3.27
Market Cap: $1.3 Bil
Sector: Consumer Discretionary
Industry: Automobile Manufacturers

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 46%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -50%

Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving, and Battery Technology & Metals. Themes include EV Manufacturing, and Advanced Battery Components.

Weak multi-year price returns
2Y Excs Rtn is -113%, 3Y Excs Rtn is -166%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -3.9 Bil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -251%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 305%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 14%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -261%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -333%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -294%

Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 26%

Key risks
LCID key risks include [1] a significant cash burn rate and negative gross margins, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 46%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -50%
2 Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving, and Battery Technology & Metals. Themes include EV Manufacturing, and Advanced Battery Components.
3 Weak multi-year price returns
2Y Excs Rtn is -113%, 3Y Excs Rtn is -166%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -3.9 Bil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -251%
5 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 305%
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 14%
7 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -261%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -333%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -294%
9 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 26%
10 Key risks
LCID key risks include [1] a significant cash burn rate and negative gross margins, Show more.

LCID in ETFs

Weight = LCID's share of each fund

VTI0.00%
ITOT0.00%
IWM0.02%
VB0.01%
IWO0.03%
ESML0.03%
VTWO0.02%
VBK0.02%
+4 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

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Prices as of 11/12/2026

Nov 12: down 11.3% in one day (S&P 500 down 0.4%)
The stock fell without company news in our feed. The S&P 500 also declined that day.

Up 26.5% from its Nov 5 low to Nov 10, down 13.7% since (S&P 500 up 2.3%)
The stock gained significantly, driven by Q3 results and related announcements regarding financial stability and operational improvements. This included a 10.4% rise on November 6 without company news, and increases on November 9 and 10 following the Q3 report.

Nov 10: up 4.7% the day after its Nov 9 earnings report (S&P 500 down 0.4%)
The stock gained after its Q3 results showed reduced cash consumption by 30% and increased liquidity from a $1.75 billion credit line. This was further supported by beating loss estimates for the quarter and an announced expansion of the company's service network.

Show more
Prices as of 11/12/2026

Nov 12: down 11.3% in one day (S&P 500 down 0.4%)
The stock fell without company news in our feed. The S&P 500 also declined that day.

Up 26.5% from its Nov 5 low to Nov 10, down 13.7% since (S&P 500 up 2.3%)
The stock gained significantly, driven by Q3 results and related announcements regarding financial stability and operational improvements. This included a 10.4% rise on November 6 without company news, and increases on November 9 and 10 following the Q3 report.

Nov 10: up 4.7% the day after its Nov 9 earnings report (S&P 500 down 0.4%)
The stock gained after its Q3 results showed reduced cash consumption by 30% and increased liquidity from a $1.75 billion credit line. This was further supported by beating loss estimates for the quarter and an announced expansion of the company's service network.

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Stock Movement Drivers

Fundamental Drivers

The -55.9% change in LCID stock from 7/31/2026 to 11/12/2026 was primarily driven by a -52.4% change in the company's P/S Multiple.
(LTM values as of)731202611122026Change
Stock Price ($)7.383.25-55.9%
Change Contribution By: 
Total Revenues ($ Mil)1,4011,56111.4%
P/S Multiple1.70.8-52.4%
Shares Outstanding (Mil)328395-16.8%
Cumulative Contribution-55.9%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2026 to 11/12/2026
ReturnCorrelation
LCID-55.9% 
Market (SPY)1.4%51.5%
Sector (XLY)3.8%46.9%

Fundamental Drivers

The -48.9% change in LCID stock from 4/30/2026 to 11/12/2026 was primarily driven by a -46.2% change in the company's P/S Multiple.
(LTM values as of)430202611122026Change
Stock Price ($)6.373.25-48.9%
Change Contribution By: 
Total Revenues ($ Mil)1,3541,56115.3%
P/S Multiple1.50.8-46.2%
Shares Outstanding (Mil)325395-17.6%
Cumulative Contribution-48.9%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 11/12/2026
ReturnCorrelation
LCID-48.9% 
Market (SPY)5.6%35.8%
Sector (XLY)2.0%38.3%

Fundamental Drivers

The -81.7% change in LCID stock from 10/31/2025 to 11/12/2026 was primarily driven by a -85.9% change in the company's P/S Multiple.
(LTM values as of)1031202511122026Change
Stock Price ($)17.753.25-81.7%
Change Contribution By: 
Total Revenues ($ Mil)9291,56168.0%
P/S Multiple5.80.8-85.9%
Shares Outstanding (Mil)306395-22.5%
Cumulative Contribution-81.7%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 11/12/2026
ReturnCorrelation
LCID-81.7% 
Market (SPY)11.9%38.5%
Sector (XLY)1.0%37.0%

Fundamental Drivers

The -92.1% change in LCID stock from 10/31/2023 to 11/12/2026 was primarily driven by a -92.1% change in the company's P/S Multiple.
(LTM values as of)1031202311122026Change
Stock Price ($)41.203.25-92.1%
Change Contribution By: 
Total Revenues ($ Mil)7531,561107.2%
P/S Multiple10.50.8-92.1%
Shares Outstanding (Mil)191395-51.5%
Cumulative Contribution-92.1%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2023 to 11/12/2026
ReturnCorrelation
LCID-92.1% 
Market (SPY)87.3%31.1%
Sector (XLY)62.0%35.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
LCID Return280%-82%-38%-28%-65%-69%-97%
Peers Return58%-58%38%14%39%-11%29%
S&P 500 Return27%-19%24%23%16%11%103%

Monthly Win Rates [3]
LCID Win Rate50%25%25%33%33%45% 
Peers Win Rate65%33%54%54%62%45% 
S&P 500 Win Rate75%42%67%75%67%45% 

Max Drawdowns [4]
LCID Max Drawdown-70%-86%-71%-53%-70%-75% 
Peers Max Drawdown-27%-66%-38%-40%-30%-32% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: TSLA, RIVN, GM, F.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/12/2026 (YTD)

About Lucid Group (LCID)

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Lucid Group, Inc. (LCID) is an automotive and technology company specializing in the electric vehicle (EV) sector. The company's core business revolves around developing advanced EV technologies, which it then integrates into the design, engineering, and manufacturing of its own electric vehicles.

Lucid's primary products include luxury electric vehicles, alongside the proprietary EV powertrains and battery systems that power these vehicles. The company targets the premium segment of the consumer electric vehicle market, catering to customers who seek high-performance, technologically sophisticated luxury EVs. As of late 2021, Lucid Group primarily served the United States market through its network of retail studios.

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  • The luxury Tesla.
  • The Mercedes-Benz of electric vehicles.

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  • Electric Vehicles (EVs): Lucid designs, engineers, and builds premium electric vehicles.
  • EV Powertrains: The company develops advanced electric vehicle powertrains.
  • Battery Systems: Lucid engineers and builds high-performance battery systems for EVs.
```

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Lucid Group (LCID) primarily sells its electric vehicles and related technologies to individuals.

The company serves the following categories of customers:

  1. High-Net-Worth Individuals: Customers with significant disposable income who are able to afford premium, high-performance luxury electric vehicles.
  2. Luxury EV Enthusiasts and Early Adopters: Consumers who prioritize cutting-edge electric vehicle technology, advanced performance, and distinctive design within the luxury automotive market.
  3. Environmentally Conscious Luxury Buyers: Individuals who seek sustainable and zero-emission transportation options, but also demand the exclusivity, premium features, and high-performance associated with luxury brands.
```

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Supplier Name Symbol
LG Energy Solution KRX: 373220
Mobileye Global Inc. NASDAQ: MBLY
Pirelli & C. S.p.A. BIT: PC
Qualcomm NASDAQ: QCOM

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Silvio Napoli, Chief Executive Officer

Silvio Napoli assumed the role of Chief Executive Officer of Lucid Group in June 2026, having been announced as the incoming CEO in April 2026. Before joining Lucid, Mr. Napoli served as Chairman and Chief Executive Officer of the Schindler Group, an industrial company, where he oversaw large-scale international operations and led strategic and operational transformation across global markets. His extensive background includes manufacturing, supply chain, commercial execution, organizational performance, and business transformation, focusing on helping industrial businesses transition to more technology-enabled and service-oriented models. He holds an MBA from Harvard Business School, which he earned as a Fulbright scholar.

Alexander De Bock, Chief Financial Officer

Alexander De Bock was named Lucid Group's incoming Chief Financial Officer in July 2026. Prior to Lucid, he served as CFO of Metalsa, a chassis manufacturer, since June 2026, and was CFO of TI Automotive from April 2025 to February 2026. At TI Automotive, which was under Apollo Global Management's ownership, he played a key role in a turnaround effort, concentrating on cost transformation, restructuring, and enhancing financial rigor. His career spans over two decades in automotive finance leadership, including nearly 13 years at WABCO Holdings, a commercial-vehicle systems supplier, where he advanced to CFO.

Marc Winterhoff, Chief Operating Officer

Marc Winterhoff joined Lucid as Chief Operating Officer in December 2023. He also served as interim CEO from February 2025 until June 2026, when Silvio Napoli assumed the CEO role. Before Lucid, Mr. Winterhoff was a senior partner at Roland Berger, a European management consulting firm, where he specialized in operational leadership for automotive manufacturers, managing cost efficiency, and developing sales and service strategies. He previously held director positions at Arthur D. Little and a leadership role at LHS Communications. Mr. Winterhoff holds a master's degree in electrical and electronics engineering and management from the Technische Universität Darmstadt.

Raja Ramana Macha, Chief Technology Officer

Raja Ramana Macha was appointed Chief Technology Officer of Lucid Group in July 2026. Before joining Lucid, he served as CTO at Eaton, where he was responsible for leading global innovation initiatives across various sectors, including the automotive industry.

Faisal Sultan, President of Middle East

Faisal Sultan is the President of Lucid Motors Middle East, where he oversees the company's strategy for regional expansion and operations, growth objectives, and relationships with key partners. He joined Lucid in 2019 and previously held the position of Head of Global Operations, where he developed business strategies and oversaw global functions. Before his tenure at Lucid, Mr. Sultan was the Senior Director of Automotive Industry Development at Industrial Clusters in Saudi Arabia's Ministry of Energy, Industry and Mineral Resources, leading the development and implementation of the country's Automotive Development Policy. He brings 23 years of diverse automotive experience from roles at Lucid, Industrial Clusters, FCA, Magna International, Ford Motor Company, and General Motors, spanning industrial development, manufacturing, operations, engineering, and program management across multiple continents.

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Lucid Group (LCID) faces several key risks to its business, primarily stemming from challenges in demand, financial sustainability, and operational execution.

Key Risks to Lucid Group (LCID)

  1. Weak Demand and Sales Execution: Lucid has consistently struggled with lower-than-expected vehicle deliveries, indicating a significant challenge in generating sufficient customer demand for its luxury electric vehicles. The company has had to reduce production to align with demand and clear existing inventory, underscoring persistent hurdles in sales execution. This issue is compounded by a cooling broader electric vehicle market and intense competition, particularly in the premium segment where Lucid operates.
  2. High Cash Burn and Liquidity Risk: The company has reported substantial and persistent operating losses, along with significant negative free cash flow, leading to ongoing concerns about its financial stability. Lucid's demanding reinvestments have drained its resources, and its debt has exceeded its cash on hand, leading to a "short cash runway" and reliance on external funding to sustain operations. Analysts have highlighted a "high-risk turnaround" with a staggering quarterly net loss and deeply negative gross margins, raising questions about its long-term viability.
  3. Operational Execution and Production Challenges: Lucid has faced difficulties in its production ramp-up and operational execution, including supply chain disruptions and quality control issues with new models like the Gravity SUV. The company's new CEO has acknowledged past execution failures, missed commitments, and launching products before they were ready, leading to an "operational reset" and a focus on improving quality and efficiency. These operational hurdles directly impact the company's ability to meet delivery targets and can erode consumer confidence.

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The aggressive and well-resourced entry of traditional luxury automotive manufacturers (such as Mercedes-Benz, BMW, Audi, and Porsche) into the high-end electric vehicle market poses a clear emerging threat. These established players are rapidly developing and launching competitive luxury EV models, leveraging their extensive manufacturing capabilities, global distribution networks, deep pockets, and strong brand loyalty to potentially capture significant market share and scale production faster than newer entrants like Lucid.

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Lucid Group Inc. (LCID) operates in several addressable markets with substantial growth potential, primarily focusing on luxury electric vehicles, EV powertrains, and EV battery systems.

Luxury Electric Vehicle Market

The global luxury electric vehicle market, a primary focus for Lucid with its Lucid Air sedan and upcoming Lucid Gravity SUV, was valued at approximately USD 208.25 billion in 2026. This market is projected to grow significantly, reaching an estimated USD 531.36 billion by 2034, demonstrating a compound annual growth rate (CAGR) of 12.4% during this forecast period. Regionally, Europe held the largest share of this market in 2025, accounting for 37.68%. The U.S. market for luxury electric vehicles is also substantial, estimated to reach USD 56.66 billion in 2026, representing about 27.2% of global revenue.

EV Powertrain Market

Lucid Group also designs and builds EV powertrains, which it supplies to other automakers. The global electric powertrain market size is projected to be USD 236.35 billion in 2026. This market is expected to experience robust growth, reaching USD 691.53 billion by 2030, with a CAGR of 30.8% from 2026 to 2030. In 2025, Europe was identified as the largest regional market for electric powertrains, while Asia-Pacific is recognized as the fastest-growing region.

EV Battery Systems Market

The company develops and builds battery systems for electric vehicles. The global EV battery systems market is valued at approximately US$152.76 billion in 2026. This market is forecast to expand to US$690.66 billion by 2036, growing at a CAGR of 16.3% over the forecast period. Asia-Pacific held a dominant position in the global battery systems for electric vehicle market in 2024, capturing over 42.9% of the market share.

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Lucid Group (LCID) is expected to drive future revenue growth over the next two to three years through several key initiatives, including the launch and ramp-up of new vehicle models, expansion into international markets, the introduction of a more affordable vehicle platform, and strategic partnerships for new mobility services.

One primary driver of revenue growth is the **launch and increased production of the Lucid Gravity SUV**. The Lucid Gravity, a three-row SUV, began production in December 2024, with deliveries rolling out in 2025. Orders for the Lucid Gravity opened in November 2024, with initial trims including the Grand Touring and a projected starting price under $80,000 for the Touring model. This expansion into the SUV market is anticipated to significantly broaden Lucid's addressable market beyond its luxury sedan, the Lucid Air. Demand for the Gravity has already shown a surge, contributing to reaccelerated order intake momentum in North America in March.

Another significant driver is **Lucid's expansion into new international markets**, particularly in Europe and the establishment of manufacturing capabilities in Saudi Arabia. Lucid is expanding its presence in Europe, with plans to open additional studios in Germany in 2024, adding to its existing footprint in key European markets like Germany, Switzerland, the Netherlands, and Norway. The company has plans to expand into as many as 12 European countries. Concurrently, Lucid is developing its first international manufacturing plant in Saudi Arabia, which is expected to have a peak annual production capacity of 150,000 vehicles. This facility will serve both the Saudi Arabian market and other global markets, potentially generating up to $3.4 billion in value for Lucid over 15 years.

The introduction of a **mid-size vehicle platform targeting a more accessible price point** is also a crucial expected driver. Lucid plans to enter the mid-range market with models like the Earth and Cosmos, built on a midsize platform, with prices expected to start around $50,000. Production for this mid-size platform is slated to begin in late 2026 or 2027. This strategy aims to capture a larger customer base by offering more affordable electric vehicles, thereby increasing sales volume.

Finally, **strategic partnerships, particularly in the robotaxi and autonomous vehicle sector**, are expected to contribute to future revenue growth. Lucid has expanded its partnership with Uber, securing a commitment for a minimum of 35,000 robotaxis and a $500 million investment. This collaboration, alongside ongoing robotaxi testing and validation with partners like Nuro, is highlighted as a significant revenue growth driver, with the midsize platform ramp and the Uber robotaxi fleet revenue stream commencing in 2027.

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Share Repurchases

  • Lucid Group has not made any share repurchases over the last 3-5 years.

Share Issuance

  • In April 2026, Lucid Group announced a registered public offering of common stock for gross proceeds of $300 million.
  • The company received $1.0 billion in March 2024 from Ayar Third Investment Company, an affiliate of the Public Investment Fund (PIF), through a private placement of convertible preferred stock.
  • In August 2024, Lucid Group announced a further $1.5 billion in funding from Ayar Third Investment Co., which included $750 million in convertible preferred stock and the remainder as an unsecured loan.

Inbound Investments

  • Ayar Third Investment Company, an affiliate of the Public Investment Fund (PIF), committed a new investment of $550 million of convertible preferred stock in April 2026, alongside an additional $200 million investment from Uber, bringing Uber's total investments to $500 million.
  • Lucid Group drew $400 million from its Delayed Draw Term Loan facilities with Ayar Third Investment Company on October 6, 2026, increasing the aggregate principal outstanding to approximately $2.1 billion, with about $400 million in remaining borrowing capacity.
  • In July 2021, Lucid Group went public through a SPAC merger valued at $11.75 billion, with the Public Investment Fund owning 60% of Lucid.

Outbound Investments

  • In June 2023, Lucid signed an agreement to develop and supply electric motors, powertrains, and battery systems for Aston Martin's upcoming electric vehicles. This $450 million deal included $132 million in cash for Lucid, a 3.7% stake in Aston Martin valued at $100 million for Lucid, and a guarantee for Aston Martin to purchase at least $225 million in powertrain components.
  • Lucid Group acquired select facilities and assets in Phoenix and Coolidge, Arizona, from Nikola Corp. in April 2025, expanding its manufacturing, product development, and warehousing footprint by over 884,000 square feet.

Capital Expenditures

  • Lucid's capital expenditures are projected at $1.0 billion for 2026.
  • The company identified approximately $500 million in capital expenditure reductions as part of a $1.4 billion cash savings plan in 2026.
  • Capital expenditures are focused on expanding its U.S. manufacturing facility (AMP-1) by approximately 3 million square feet, totaling over 3.85 million sq ft, to prepare for the production of the Lucid Gravity SUV and future growth, and ongoing construction at its AMP-2 factory in Saudi Arabia for international expansion.

Better Bets vs. Lucid Group (LCID)

Peer Outperformance in Automobile Manufacturers

LCID has trailed 75% of its 8 Automobile Manufacturers peers over 5Y. Automobile Manufacturers ranks 22nd of 22 industries in Consumer Discretionary by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Automobile Manufacturers constituents that LCID has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
20%
of 10 industry peers · -80.4% return
3Y
38%
of 8 industry peers · -91.8% return
5Y
25%
of 8 industry peers · -99.3% return
No Automobile Manufacturers peer with a comparable growth profile has beaten LCID by more than 20pp over 5Y.
Median price return by industry across the Consumer Discretionary sector, ranked by 5Y. Automobile Manufacturers is LCID's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Education Services 15 -18.6%32.7%63.6% LAUR 270% · CVSA 262% · GHC 114%
Homebuilding 17 -5.9%22.3%21.5% PHM 159% · TOL 144% · GRBK 128%
Hotels, Resorts & Cruise Lines 21 19.8%70.7%13.1% RCL 294% · MAR 183% · HLT 163%
Automotive Retail 17 -6.8%12.0%8.1% MUSA 198% · PAG 113% · ORLY 112%
Home Improvement Retail 5 -3.5%4.3%6.1% LOW 6% · HD 6% · FND -63%
Home Furnishings 3 7.4%66.8%-2.5% SGI 42% · MHK -17%
Footwear 9 74.9%103.0%-13.1% DECK 19% · SHOO -7% · CROX -13%
Distributors 4 -6.0%-15.6%-27.5% ARMK 108% · GPC 4% · POOL -59%
Restaurants 37 10.0%1.4%-30.1% EAT 362% · CAKE 170% · TXRH 124%
Computer & Electronics Retail 3 40.2%87.5%-30.8% BBY -4% · GME -49%
Leisure Products 14 -20.8%-6.2%-34.9% GOLF 59% · HAS 50% · BC -16%
Apparel, Accessories & Luxury Goods 29 5.1%22.2%-35.1% RL 245% · TPR 231% · KTB 56%
Specialized Consumer Services 10 -12.2%35.1%-35.4% FTDR 156% · HRB 145% · ADT 23%
Leisure Facilities 12 22.3%9.7%-35.8% OSW 151% · LTH 130% · PLNT -35%
Household Appliances 18 21.6%15.3%-41.1%
Broadline Retail 12 -7.2%35.8%-43.2% EBAY 77% · AMZN 52% · OLLI 45%
Casinos & Gaming 21 -32.5%-17.8%-49.9% BYD 30% · RRR 23% · LVS 6%
Automotive Parts & Equipment 37 -15.1%-28.8%-52.2% GTX 197% · PATK 59% · ALV 34%
Apparel Retail 28 -9.3%10.7%-54.8% ANF 229% · ROST 117% · TJX 112%
Other Specialty Retail 25 -4.5%-7.7%-57.6% ULTA 64% · ASO 49% · DKS 25%
Consumer Electronics 11 -32.9%-4.7%-79.6% GRMN 122% · SONO -47%
Automobile Manufacturers ← 9 -57.9%-43.7%-90.2% GM 42% · TSLA 15% · F -16%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

LCIDTSLARIVNGMFMedian
NameLucid Gr.Tesla Rivian A.General .Ford Mot. 
Mkt Price3.27396.6012.8186.3511.9412.81
Mkt Cap1.31,285.018.575.347.647.6
Rev LTM1,561103,5706,480186,951186,965103,570
Op Inc LTM-3,9223,628-3,4314,336-7,136-3,431
FCF LTM-5,1963,296-4,192-5,145-448
FCF 3Y Avg-3,8024,580-3,266-7,816657
CFO LTM-4,07718,710-2,629-14,9726,172
CFO 3Y Avg-2,86216,312-1,850-16,7627,231

Growth & Margins

LCIDTSLARIVNGMFMedian
NameLucid Gr.Tesla Rivian A.General .Ford Mot. 
Rev Chg LTM46.5%8.3%11.1%-0.3%-1.4%8.3%
Rev Chg 3Y Avg32.4%2.7%19.9%2.9%2.4%2.9%
Rev Chg Q4.1%-0.2%38.3%2.9%-2.0%2.9%
QoQ Delta Rev Chg LTM0.9%-0.0%10.1%0.8%-0.5%0.8%
Op Inc Chg LTM-23.7%-25.5%-0.5%-46.3%-297.2%-25.5%
Op Inc Chg 3Y Avg-8.8%-29.9%14.8%-23.1%-116.3%-23.1%
Op Mgn LTM-251.3%3.5%-52.9%2.3%-3.8%-3.8%
Op Mgn 3Y Avg-320.0%5.7%-78.2%4.4%0.0%0.0%
QoQ Delta Op Mgn LTM7.7%-1.1%7.1%1.3%-0.1%1.3%
CFO/Rev LTM-261.2%18.1%-40.6%-8.0%-16.3%
CFO/Rev 3Y Avg-256.3%16.5%-36.7%-9.0%-13.8%
FCF/Rev LTM-332.9%3.2%-64.7%-2.8%-31.0%
FCF/Rev 3Y Avg-345.8%4.7%-61.8%-4.2%-28.8%

Valuation

LCIDTSLARIVNGMFMedian
NameLucid Gr.Tesla Rivian A.General .Ford Mot. 
Mkt Cap1.31,285.018.575.347.647.6
P/S0.812.42.90.40.30.8
P/Op Inc-0.3354.2-5.417.4-6.7-0.3
P/EBIT-0.4281.7-6.914.4-4.6-0.4
P/E-0.3399.3-6.219.0-6.1-0.3
P/CFO-0.368.7-7.0-3.21.4
Total Yield-289.1%0.2%-16.1%5.7%-11.4%-11.4%
Dividend Yield0.0%0.0%0.0%0.5%5.1%0.0%
FCF Yield 3Y Avg-134.5%0.4%-22.4%-17.0%-11.0%
D/E3.80.00.31.73.51.7
Net D/E3.0-0.0-0.01.32.81.3

Returns

LCIDTSLARIVNGMFMedian
NameLucid Gr.Tesla Rivian A.General .Ford Mot. 
1M Rtn-2.5%5.7%-4.2%2.8%-0.1%-0.1%
3M Rtn-49.2%16.7%-19.0%0.2%-13.0%-13.0%
6M Rtn-47.8%-10.5%-11.8%11.5%-15.6%-11.8%
12M Rtn-80.3%-7.9%-26.9%21.2%-7.0%-7.9%
3Y Rtn-91.8%77.3%-20.9%230.8%46.3%46.3%
1M Excs Rtn0.7%9.3%0.2%5.3%1.6%1.6%
3M Excs Rtn-45.3%18.0%-14.5%1.9%-13.8%-13.8%
6M Excs Rtn-49.4%-12.1%-13.4%10.0%-17.2%-13.4%
12M Excs Rtn-92.1%-21.0%-40.2%11.0%-17.3%-21.0%
3Y Excs Rtn-166.8%4.6%-100.5%139.1%-33.0%-33.0%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Sale of electric vehicle (EVs) to customers1,35480859560827
Total1,35480859560827


Net Income by Segment
$ Mil202520242023
Sale of electric vehicle (EVs) to customers-2,698-2,714-2,828
Total-2,698-2,714-2,828


Price Behavior

Price Behavior
Market Price$3.25 
Market Cap ($ Bil)1.3 
First Trading Date09/18/2020 
Distance from 52W High-80.4% 
   50 Days200 Days
DMA Price$3.76$6.53
DMA Trenddowndown
Distance from DMA-13.4%-50.2%
 3M1YR
Volatility79.6%88.5%
Downside Capture466.58405.23
Upside Capture250.70181.45
Correlation (S&P 500)52.4%39.8%
LCID Betas & Captures as of 10/31/2026

 1M2M3M6M1Y3Y
Beta1.552.312.572.282.351.59
Up Beta-13.450.261.652.032.511.34
Down Beta-1.550.790.460.420.991.08
Up Capture118%161%117%223%184%184%
Bmk +ve Days12182862130427
Stock +ve Days7142252102332
Down Capture467%395%434%262%185%113%
Bmk -ve Days10253664121325
Stock -ve Days15284071145408

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LCID
LCID-81.0%88.5%-1.48-
Sector ETF (XLY)1.2%19.9%-0.0738.3%
Equity (SPY)11.8%13.7%0.5539.6%
Gold (GLD)-6.6%28.9%-0.2416.9%
Commodities (DBC)32.8%21.3%1.22-9.7%
Real Estate (VNQ)9.8%14.2%0.4119.8%
Bitcoin (BTCUSD)-28.5%43.4%-0.6626.9%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LCID
LCID-61.3%83.6%-0.77-
Sector ETF (XLY)3.6%24.2%0.1144.1%
Equity (SPY)11.6%17.3%0.5037.6%
Gold (GLD)16.2%19.2%0.688.1%
Commodities (DBC)8.2%19.6%0.303.8%
Real Estate (VNQ)1.4%18.9%-0.0431.0%
Bitcoin (BTCUSD)3.7%51.5%0.2527.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LCID
LCID-28.9%88.2%-0.24-
Sector ETF (XLY)13.2%22.3%0.5439.2%
Equity (SPY)15.5%18.0%0.7332.4%
Gold (GLD)11.1%16.6%0.545.7%
Commodities (DBC)7.6%18.1%0.334.2%
Real Estate (VNQ)6.2%20.7%0.2525.9%
Bitcoin (BTCUSD)58.4%66.3%0.9820.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date10302026
Short Interest: Shares Quantity101.1 Mil
Short Interest: % Change Since 101520261.4%
Average Daily Volume11.1 Mil
Days-to-Cover Short Interest9.1 days
Basic Shares Quantity394.6 Mil
Short % of Basic Shares25.6%

Earnings Returns History

Updated 11/12/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/9/20264.7%  
8/4/2026-13.9%-13.9%-39.5%
5/5/2026-1.0%-3.8%-9.1%
2/24/20263.6%1.9%7.7%
1/5/20264.8%1.6%-5.8%
11/5/20254.2%-3.8%-26.0%
8/5/2025-9.7%-6.2%-33.2%
5/6/2025-3.4%13.7%-8.6%
...
SUMMARY STATS   
# Positive855
# Negative151717
Median Positive4.4%5.6%7.7%
Median Negative-9.7%-8.4%-11.6%
Max Positive23.7%13.9%27.3%
Max Negative-17.0%-20.0%-39.5%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/9/20264.7%  
8/4/2026-13.9%-13.9%-39.5%
5/5/2026-1.0%-3.8%-9.1%
2/24/20263.6%1.9%7.7%
1/5/20264.8%1.6%-5.8%
11/5/20254.2%-3.8%-26.0%
8/5/2025-9.7%-6.2%-33.2%
5/6/2025-3.4%13.7%-8.6%
2/25/2025-13.6%-19.5%-9.8%
1/6/20251.2%-8.5%-11.6%
11/7/2024-0.5%-6.3%14.9%
8/5/20243.0%-3.3%27.3%
5/6/2024-14.1%-7.9%-8.5%
2/21/2024-16.8%-12.7%-22.7%
11/7/2023-8.1%-3.0%4.2%
8/7/202312.2%5.6%-4.2%
5/8/2023-5.6%-7.0%-17.0%
2/22/2023-11.9%-13.6%-17.9%
11/8/2022-17.0%-8.4%-35.7%
8/3/2022-9.7%-11.4%-25.2%
5/5/2022-3.7%-16.8%1.6%
2/28/2022-13.8%-20.0%-5.6%
11/15/202123.7%13.9%-9.1%
SUMMARY STATS   
# Positive855
# Negative151717
Median Positive4.4%5.6%7.7%
Median Negative-9.7%-8.4%-11.6%
Max Positive23.7%13.9%27.3%
Max Negative-17.0%-20.0%-39.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
09/30/202611/09/202610-Q
06/30/202608/04/202610-Q
03/31/202605/05/202610-Q
12/31/202502/24/202610-K
09/30/202511/05/202510-Q
06/30/202508/05/202510-Q
03/31/202505/06/202510-Q
12/31/202402/25/202510-K
09/30/202411/07/202410-Q
06/30/202408/05/202410-Q
03/31/202405/06/202410-Q
12/31/202302/27/202410-K
09/30/202311/07/202310-Q
06/30/202308/07/202310-Q
03/31/202305/08/202310-Q
12/31/202202/28/202310-K
Collapse to Preview
Report DateFiling DateFiling
09/30/202611/09/202610-Q
06/30/202608/04/202610-Q
03/31/202605/05/202610-Q
12/31/202502/24/202610-K
09/30/202511/05/202510-Q
06/30/202508/05/202510-Q
03/31/202505/06/202510-Q
12/31/202402/25/202510-K
09/30/202411/07/202410-Q
06/30/202408/05/202410-Q
03/31/202405/06/202410-Q
12/31/202302/27/202410-K
09/30/202311/07/202310-Q
06/30/202308/07/202310-Q
03/31/202305/08/202310-Q
12/31/202202/28/202310-K
09/30/202211/08/202210-Q
06/30/202208/03/202210-Q
03/31/202205/05/202210-Q
12/31/202102/28/202210-K
09/30/202111/15/202110-Q

Recent Forward Guidance

Updated 11/10/2026

Latest: Q3 2026 Earnings Reported 11/9/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Cash Flow Improvement Plan TargetReported 1.40 Bil 0.0% AffirmedGuidance: 1.40 Bil for 2026

null

Insider Activity

Updated 11/9/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Winitzer, Ori DirectSell110420263.091,0003,090198,573Form
2Winitzer, Ori DirectSell100520264.121,0004,120268,884Form
3Winitzer, Ori DirectSell90320264.801,0004,800318,062Form
4Winitzer, Ori DirectSell80520267.461,0007,460501,782Form
5Winitzer, Ori DirectSell60320266.381,0006,380155,627Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Winitzer, Ori DirectSell110420263.091,0003,090198,573Form
2Winitzer, Ori DirectSell100520264.121,0004,120268,884Form
3Winitzer, Ori DirectSell90320264.801,0004,800318,062Form
4Winitzer, Ori DirectSell80520267.461,0007,460501,782Form
5Winitzer, Ori DirectSell60320266.381,0006,380155,627Form

Investor Activity (13F)

Updated Nov 13, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Uber Technologies, Inc$130.7 Mil3.6%7Hold13F
Active Manager
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Uber Technologies, Inc$130.7 Mil3.6%7Hold13F
Core Cache Last Updated: 11/12/2026