NASDAQ$LCID
Lucid Group Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Lucid reported Q4 2021 financial results and updated its 2022 outlook.
Lucid Group, Inc. announced its Q4 revenue was $26.4 million, including $21.3 million from initial deliveries of Lucid Air Dream Edition. They delivered 125 cars to customers in the fourth quarter. Customer reservations exceed 25,000, reflecting potential sales of more than $2.4B. The company is updating its 2022 production outlook for Lucid Air to a range of 12,000 to 14,000 vehicles.
- Customer reservations now exceed 25,000, reflecting potential sales of more than $2.4B
- Inaugural customer deliveries of the 2022 MotorTrend Car of the Year®, the Lucid Air, are underway, starting with the sold-out Dream Edition
- Production exceeds 400 vehicles as of February 28, 2022, with 125 customer deliveries as of year-end 2021 and over 300 deliveries to date
- Updating 2022 production outlook for Lucid Air to a range of 12,000 to 14,000 vehicles
Headline financials
Revenue & EPS history
Lucid · Revenue · Quarterly
$26.4M
Forward guidance
Lucid is updating its outlook for 2022 production to a range of 12,000 to 14,000 vehicles due to supply chain and logistics challenges, while remaining focused on delivering the highest-quality products. The location of their first international manufacturing plant in the Kingdom of Saudi Arabia may result in up to $3.4 billion of value to Lucid over 15 years.
Tailwinds
- Strong demand for Lucid Air
- Technology leadership
- Expansion of Casa Grande facility on track
- Plans to build new manufacturing facility in the Kingdom of Saudi Arabia
- Potential for $3.4 billion of value from Saudi Arabia manufacturing plant over 15 years
Headwinds
- Extraordinary supply chain challenges
- Logistics challenges
- Focus on delivering the highest-quality products
- Updated 2022 production outlook to a range of 12,000 to 14,000 vehicles
- No specific financial guidance beyond production numbers
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
-2.8%
Avg return
Earnings day
-3.6%
Avg return
5 days after
-7.7%
Avg return
30 days after
30%
7 / 23 earnings
Positive
+26.4%
Q3 2021
Best reaction
-19.1%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.6% | -4.9% | -14.6% | |
| Q4 2025 | +2.1% | +1.1% | -5.2% | |
| Q3 2025 | +4.9% | -1.5% | -22.2% | |
| Q1 2025 | -3.0% | +12.4% | -7.7% | |
| Q4 2024 | -13.4% | -18.8% | -11.1% | |
| Q3 2024 | +3.8% | +0.5% | +8.0% | |
| Q2 2024 | -1.0% | +2.2% | +22.4% | |
| Q1 2024 | -6.1% | -4.5% | +0.2% | |
| Q4 2023 | -16.3% | -14.4% | -24.7% | |
| Q3 2023 | -8.6% | -12.0% | +3.7% | |
| Q2 2023 | +8.6% | +0.3% | -7.3% | |
| Q1 2023 | -5.8% | -8.9% | -17.2% | |
| Q4 2022 | -11.2% | -11.5% | -17.3% | |
| Q3 2022 | -19.1% | -6.8% | -37.3% | |
| Q2 2022 | -5.9% | -5.1% | -23.2% | |
| Q1 2022 | -10.4% | -21.3% | -7.8% | |
| Q4 2021 | -5.2% | -14.1% | +0.6% | |
| Q4 2019 | -15.8% | -8.6% | -6.1% | |
| Q3 2021 | +26.4% | +25.7% | -7.1% | |
| Q2 2021 | -3.9% | -7.7% | -15.2% | |
| Q1 2021 | +19.5% | +21.5% | +40.6% | |
| Q4 2020 | +2.8% | -6.3% | -29.9% | |
| Q3 2020 | -0.2% | -0.3% | +2.1% |
Discussion
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