Lucid (LCID)

Company Profile

Lucid seeks to inspire the adoption of sustainable energy by creating the most captivating electric vehicles, centered around the human experience. The company's first car, Lucid Air, is a state-of-the-art luxury sedan with a California-inspired design underpinned by race-proven technology. Featuring luxurious interior space in a mid-size exterior footprint, select models of Air are expected to be capable of a projected EPA estimated range of over 500 miles. Customer deliveries of Lucid Air are planned to begin this year.

Company profile

Ticker

LCID

Exchange

NASDAQ

Website

www.lucidmotors.com

CEO

Peter Rawlinson

Incorporated

Delaware

Location

California

Fiscal year end

Dec 31

Sector

Manufacturing > Motor Vehicle Body Manufacturing

Industry (SIC)

Motor Vehicles & Passenger Car Bodies

Toyota Motor • General Motors • Paccar • Navistar International • XPeng • Li Auto • Rivian Automotive • NIO • WABCO • Motors Liquidation ...

Former names

Annetta Acquisition Corp, Churchill Capital Corp IV

SEC CIK

0001811210

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Atieva, Inc. • Lucid USA, Inc. ...

IRS number

850891392

LCID stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$12.67

Low target

$5.00

High target

$21.00

Latest filings (excl ownership)

View all

Shareholder Nominations Pursuant to Exchange Act Rule 14a-11

27 Jan 23

8-K

Lucid Produced 3,493 Vehicles in Q4 2022 and 7,180 in the Full Year 2022, Exceeding Annual Guidance

12 Jan 23

8-K

Panasonic Energy and Lucid Group Announce Agreement to Supply Lithium-Ion Batteries for Lucid Air Luxury EVs

13 Dec 22

8-K

Entry into a Material Definitive Agreement

8 Nov 22

424B5

Prospectus supplement for primary offering

8 Nov 22

Results of Operations and Financial Condition

8 Nov 22

8-K

Results of Operations and Financial Condition

12 Oct 22

EFFECT

Notice of effectiveness

6 Sep 22

Transcripts

LCID

Earnings call transcript

2022 Q2

4 Aug 22

LCID

Earnings call transcript

2022 Q1

6 May 22

LCID

Earnings call transcript

2021 Q4

1 Mar 22

LCID

Earnings call transcript

2021 Q3

16 Nov 21

Latest ownership filings

View all

Peter Dore Rawlinson

3 Jan 23

Change in insider ownership

27 Dec 22

SC 13D/A

Ayar Third Investment Co

27 Dec 22

Initial statement of insider ownership

Financial summary

Financial statements Chart LCID financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.27 bn	1.27 bn	1.27 bn	1.27 bn	1.27 bn	1.27 bn
Cash burn (monthly)	642.24 mm	347.11 mm	229.17 mm	153.69 mm	(no burn)	18.87 mm
Cash used (since last report)	2.65 bn	1.43 bn	946.32 mm	634.62 mm	n/a	77.92 mm
Cash remaining	-1.39 bn	-167.61 mm	319.37 mm	631.07 mm	n/a	1.19 bn
Runway (months of cash)	-2.2	-0.5	1.4	4.1	n/a	62.9

Beta Read what these cash burn values mean

Financial data from Lucid earnings reports.

Institutional ownership, Q3 2022

LCID institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	435	445	-2.2%
Opened positions	54	90	-40.0%
Closed positions	64	74	-13.5%
Increased positions	138	153	-9.8%
Reduced positions	102	83	+22.9%

13F shares	Current	Prev Q	Change
Total value	45.58 bn	49.57 bn	-8.0%
Total shares	2.29 bn	2.29 bn	-0.0%
Total puts	20.91 mm	23.87 mm	-12.4%
Total calls	19.73 mm	24.26 mm	-18.7%
Total put/call ratio	1.1	1.0	+7.7%

Largest owners	Shares	Value	Change
Public Investment Fund	1.02 bn	$14.18 bn	0.0%
Ayar Third Investment	1.02 bn	$24.62 bn	0.0%
Churchill Sponsor IV	96.10 mm	$3.66 bn	0.0%
Vanguard	51.59 mm	$720.68 mm	+25.0%
BLK Blackrock	28.18 mm	$393.67 mm	+3.8%
Geode Capital Management	8.48 mm	$118.38 mm	+2.9%
First Trust Advisors	6.82 mm	$95.30 mm	+888.1%
Coatue Management	3.68 mm	$51.34 mm	-50.6%
NTRS Northern Trust	3.01 mm	$42.01 mm	+4.7%
BK Bank Of New York Mellon	2.81 mm	$39.26 mm	+18.0%

Largest transactions	Shares	Bought/sold	Change
STT State Street	0.00	-10.82 mm	EXIT
Vanguard	51.59 mm	+10.32 mm	+25.0%
BEN Franklin Resources	11.61 k	-7.49 mm	-99.8%
First Trust Advisors	6.82 mm	+6.13 mm	+888.1%
Coatue Management	3.68 mm	-3.76 mm	-50.6%
BAC Bank Of America	2.52 mm	+2.12 mm	+536.1%
Citadel Advisors	1.99 mm	+1.99 mm	NEW
C Citigroup	318.88 k	-1.68 mm	-84.0%
BLK Blackrock	28.18 mm	+1.02 mm	+3.8%
Alps Advisors	2.58 mm	+773.15 k	+42.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

LCID insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
29 Dec 22	Peter Dore Rawlinson	Class A Common Stock	Option exercise	Acquire M	No	No	0.37	869,570	321.74 k	21,646,689
29 Dec 22	Peter Dore Rawlinson	Stock Options Class A Common Stock	Option exercise	Dispose M	No	No	0.37	869,570	321.74 k	3,379,846
22 Dec 22	Public Investment Fund	Class A Common Stock	Buy	Acquire P	Yes	No	10.6752	85,712,679	915.00 mm	1,100,965,202
7 Dec 22	Bell Michael	Class A Common Stock	Sell	Dispose S	No	Yes	8.5666	12,574	107.72 k	1,261,950
5 Dec 22	Peter Dore Rawlinson	Class A Common Stock	Payment of exercise	Dispose F	No	No	10.15	466,751	4.74 mm	20,777,119