What sector is LCID in?

Lucid Group, Inc. is classified under GICS Consumer Discretionary (Automobile Manufacturers).

What is LCID's last close price?

LCID last closed at $6.46 on 2026-07-16.

LCID

Lucid Group, Inc.

Consumer Discretionary · Automobile Manufacturers

$6.46last close

-71.8%~252d

Price

-71.79% over 1Y

Tese

em 2026-07-16

Bull case

Lucid is a structural read on whether PIF (Saudi sovereign wealth, ~60%+ ownership) will keep funding a sub-scale luxury EV OEM into its third planned platform. 0B+ annual opex; Gravity ramp (CY2026) is the first volume test; Mid-size platform (2026 reveal, 2027 SOP) is the bet that gets unit economics inside contribution-margin breakeven.

- PIF backstop demonstrated: 5 capital raises 2024-2026, latest ~$1.5B Q1 2026; Saudi fleet order 50k-100k vehicles through 2030

- Gravity addresses the actual EV TAM (US SUV mix ~55%) vs Air sedan niche

- AMP-2 KSA assembly gives tariff-free MENA access + lower energy/labor cost base

- Powertrain efficiency lead (4.0+ mi/kWh Air) underwrites licensing optionality

Bear case

- Q4 2025 deliveries ~3.4k vs 9k+ guided; cash burn ~$2.5B/yr against ~$4B liquidity

- Gross margin still deeply negative at current scale; needs 40k+ units to inflect

- Dilution risk recurring - share count up ~2x since 2023 IPO de-SPAC

- Mid-size platform competes head-on with $TSLA Model Y at half the brand equity

•2026 Q1 - ~$1.5B PIF-led capital raise; runway extended into 2027

Analyze LCID· interactive tools

Top correlated· 252d co-movement

0.41
0.39
0.38
0.38
0.38
0.38

Frequently asked questions

What sector is LCID in?: Lucid Group, Inc. is classified under GICS Consumer Discretionary (Automobile Manufacturers).
What is LCID's last close price?: LCID last closed at $6.46 on 2026-07-16.