EV maker Lucid's quarterly deliveries rise but miss estimates
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Stifel on Lucid Group Inc. (LCID): 'We remain confident in the Gravity SUV's strong demand'
July 3, 2025 8:41 AM EDTStifel analyst Stephen Gengaro reiterated a Hold rating and $3.00 price target on Lucid Group Inc. (NASDAQ: LCID).
The analyst comments " 2Q25 Deliveries Miss Forecast by 14%: Total deliveries of 3,309 vehicles missed our 3,852 forecast by 14.1% (below consensus of 3,848), jumped 6.4% on a sequential basis from 3,109, and improved 38.2% on a year-over-year... More
