Lucid Group Q4 Earnings Preview: Losses Widen Amid Delivery Growth
Lucid Group braces for its February 24 earnings report with Wall Street anticipating a $2.67 per share loss—wider than the prior year's $2.20 deficit. Revenue projections tell a brighter story, with forecasts pointing to a 96% year-over-year surge to $459.5 million.
The EV Maker delivered 5,345 vehicles in Q4, marking a 70% annual increase, while full-year 2025 deliveries climbed 55% to 15,841 units. Benchmark maintains a Buy rating with a $30 price target, a stark contrast to the stock's current 52-week low near $9.50. Options markets imply a 14.77% post-earnings swing.
Despite five earnings misses in the past nine quarters, Lucid's Gravity SUV production ramp offers a glimmer of optimism. The stock's 8% year-to-date decline sets a low bar for positive surprises.
