Lucid Group, an EV maker, achieves seven consecutive quarterly delivery records, fueled by Gravity orders driving up pricing. Liquidity actions secure runway until 2027, but profitability remains a key challenge. Growth targets set for late 2025 as Gravity scales and Atlas powertrain promises cost reductions by late 2026.

Product mix improves with Gravity demand, setting new delivery records across seven quarters. Revenue expected to rise from $1.22 billion in 2025 to $2.49 billion in 2026. Efficiency agenda anchored by Atlas powertrain, designed to enhance efficiency and lower costs for upcoming midsize model launch in late 2026.

Capital and liquidity position strengthened with approximately $5.5 billion in liquidity at the end of Q3’25, extending runway into the first half of 2027. Despite mix tailwinds, Q3’25 GAAP gross margin remains a challenge. Investors advised to monitor Gravity Touring availability and production milestones.

Lucid Group currently carries a Zacks Rank #4 (Sell) with a VGM Score of F. Better-ranked competitors in the EV sector include Rivian Automotive and Tesla. Rivian carries a Zacks Rank #2 (Buy) with positive growth estimates for 2026. Tesla holds a Zacks Rank #3 (Hold) with projected revenue and earnings growth for 2026.

Research chief identifies a top pick targeting millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter. Now may be the ideal time to invest as this company shows explosive upside potential. Check out Zacks Investment Research for more stock recommendations and analysis.

Read more at Nasdaq: Gravity, Atlas and Cash Runway Shape Lucid’s Next Phase