LUCID GROUP INC (NASDAQ:LCID) Q2 2025 Earnings Miss Estimates, Shares Drop Over 7%

LUCID GROUP INC (NASDAQ:LCID) reported its second-quarter 2025 financial results, missing analyst expectations on both revenue and earnings per share (EPS). The electric vehicle (EV) maker’s performance triggered a negative market reaction, with shares dropping more than 7% in after-hours trading.

Key Financial Results vs. Estimates

• Revenue: Lucid reported Q2 revenue of $259.4 million, falling short of the consensus estimate of $300.3 million. This represents a significant miss, underscoring challenges in meeting sales expectations.
• Earnings Per Share (EPS): The company posted a GAAP diluted EPS of -$0.28, worse than the estimated -$0.21, reflecting ongoing profitability struggles.
• Production & Deliveries: Lucid produced 3,863 vehicles and delivered 3,309, a 38.2% increase compared to Q2 2024. While deliveries improved year-over-year, they failed to translate into stronger revenue growth.

Market Reaction & Recent Performance

The immediate after-hours selloff suggests investor disappointment, particularly given the revenue shortfall and wider-than-expected loss. The stock’s recent performance has been mixed:

• Last Week: -0.05%
• Last Two Weeks: -22.7%
• Last Month: +5.2%

The sharp decline following earnings indicates that the market was anticipating better results, especially as EV demand remains under scrutiny.

Analyst Expectations for Future Quarters

Looking ahead, analysts project:

• Q3 2025 Revenue Estimate: $400.9 million
• Q3 2025 EPS Estimate: -$0.21
• Full-Year 2025 Revenue Estimate: $1.39 billion
• Full-Year 2025 EPS Estimate: -$0.86

Lucid did not provide an updated full-year outlook in its press release, but the downward revision in production guidance (as noted in recent news) suggests headwinds in scaling operations efficiently.

Press Release Highlights

The earnings announcement emphasized:

• Growth in Deliveries: A 38.2% year-over-year increase in vehicle deliveries.
• Ongoing Expansion: Continued development of its retail and service network.
• Product Lineup: Progress on the Lucid Air and upcoming Gravity SUV, which is expected to bolster future sales.

However, the lack of a raised production or revenue forecast may have contributed to the negative investor sentiment.

For a deeper dive into Lucid’s earnings and future estimates, see the full earnings and estimates breakdown here.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.