Lucid Faces Q4 Loss Forecast of $2.64 per Share, Shares Near 52-Week Low
Lucid is forecast to lose $2.64 per share in Q4 on $469.2 million revenue after missing top-line in three of the last four quarters. Shares are trading near a 52-week low of $9.12, down 66% over the past year, with RSI at 38.85.
1. Q4 Earnings Expectations
Lucid is projected to report a loss of $2.64 per share on $469.2 million in revenue for the fourth quarter, following a trend of missing consensus revenue estimates in three of the past four quarters. Analysts note the company has yet to beat earnings forecasts over this period.
2. Recent Stock Performance
Shares have declined 66% over the past year, trading around $9.44 after touching a 52-week low of $9.12. Technical indicators remain bearish, with an RSI of 38.85 signaling weak momentum and MACD values pointing to continued downside pressure.
3. Metrics Investors Should Monitor
Key metrics to watch include vehicle production and delivery figures to assess capacity ramp-up, gross margin trends to gauge cost-cutting effectiveness, and order backlog updates for insight into future revenue visibility and demand strength.