Down Over 30%, Should Investors Buy the Dip on Lucid Stock? | LCID Stock Analysis

Parkev Tatevosian, CFAJul 2, 2025Watch on YouTube ↗

Overall SentimentBearishStrength: 70%

Overall Thesis

CFA analyst maintains a hold rating on Lucid at ~$2, arguing that despite Gravity SUV sales ramping in 2H 2025, the company's massive losses, continued dilution, and a DCF-based $1.30 fair value keep the stock overvalued.

Narratives

LCIDLucid Group

Bearish

Lucid is still overvalued at ~$2, with multiyear large operating losses and dilution ahead; fair value is $1.30 per share based on DCF.

Key Arguments

Q1 revenue of $235M but $692M operating loss, still deeply negative.
Share count rose from 2.3B to 3B year-over-year.
Self-sustaining profitability not expected until ~2030; positive FCF not until 2031.
DCF fair value of $1.30 per share is below current ~$2 price.
Creator has been correctly bearish on EV names since 2021.

Analyzed with manual_claude_session | Extraction manual_v1 | Cost: —