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Lucid Stock Dips on Q3 Earnings Miss, Analysts Maintain Cautious Outlook

Lucid Stock Dips on Q3 Earnings Miss, Analysts Maintain Cautious Outlook

Author:

Global Cryptocurrency

Published:

2025-11-06 00:56:03

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BTCCSquare news:

Lucid Group shares fell 3% following disappointing third-quarter results, with losses per share widening beyond analyst expectations. The electric vehicle Maker reported a $3.31 per-share loss, significantly worse than the projected $2.30 deficit, though showing improvement from last year's $4.09 shortfall.

Revenue growth of 68% year-over-year to $336.6 million failed to meet consensus estimates of $370.6 million, reflecting ongoing challenges in scaling production and demand. Wall Street maintains a Hold rating with a $25 average price target, suggesting nearly 46% upside potential from current levels.

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