Will Lucid (LCID) Gain an Edge from Expanded Retail Footprint and Gravity SUV Deliveries?

• Lucid Group recently opened new Studio and Service Center locations in San Jose and San Diego, California, expanding its retail and support footprint to 15 sites across the state and 64 globally, while simultaneously beginning Lucid Gravity SUV deliveries in Canada and announcing a North American marketing campaign with NBA stars.
• With a partnership to deploy 20,000 Lucid Robotaxis alongside Gravity deliveries and expanded access to Tesla's Supercharger network, the company is signaling an intent to broaden its product lineup and accelerate adoption in key markets.
• We'll explore how Lucid's launch of the Gravity SUV in Canada may impact its investment narrative and growth potential.

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Lucid Group Investment Narrative Recap

Owning Lucid Group requires belief in its ability to transition from developing technology and expanding its presence to achieving profitable growth in the competitive EV market. The recent Studio and Service Center openings and Gravity SUV deliveries in Canada mark progress, but they do not materially change the core short-term catalyst: executing on large-scale fleet and robotaxi deployments, while the primary risk remains Lucid’s heavy reliance on external funding and ongoing losses.

The most relevant recent announcement is Lucid’s planned partnership with Uber to deploy 20,000 Gravity robotaxis across major US cities, potentially unlocking higher volumes and spotlighting the Gravity’s commercial potential. While the Canadian Gravity launch expands the company’s customer reach, its impact is modest next to the scale and revenue promise associated with large fleet rollouts, making flawless execution on these deals crucial for near-term sentiment.

Yet, investors should also be aware that share dilution risk remains elevated if negative cash flow persists and external capital is required...

Read the full narrative on Lucid Group (it's free!)

Lucid Group's narrative projects $5.6 billion revenue and $285.8 million earnings by 2028. This requires 82.4% yearly revenue growth and a $3.4 billion earnings increase from -$3.1 billion today.

Uncover how Lucid Group's forecasts yield a $23.79 fair value, a 20% upside to its current price.

Exploring Other Perspectives

Fifteen Simply Wall St Community fair value estimates for Lucid Group span from US$0.53 to US$23.79 per share, reflecting strikingly different outlooks. With concerns about sustained losses and dilution risk, it's clear that readers should consider a range of market perspectives.

Explore 15 other fair value estimates on Lucid Group - why the stock might be worth as much as 20% more than the current price!

Build Your Own Lucid Group Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Lucid Group research is our analysis highlighting 1 key reward and 2 important warning signs that could impact your investment decision.
• Our free Lucid Group research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Lucid Group's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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