Lucid's Latest Quarterly Deliveries Missed Estimates Again -- Market Talk

Dow Jones

2025/10/07

1820 ET - Lucid Group's 3Q deliveries missed estimates despite 47% growth year-over-year and 23% growth sequentially, Baird analysts Ben Kallo and Davis Sunderland say in a research note. The company's production and deliveries missed expectations in 2Q as well. Crucially though, Lucid would have beaten estimates this time around were it not for the fact that more than 1,000 vehicles were sent to Saudi Arabia for final assembly during the quarter, the analysts say. The market seems to have appreciated that distinction, with shares falling less than 1% to $23.89 in after-market trading. (dean.seal@wsj.com)

(END) Dow Jones Newswires

October 06, 2025 18:20 ET (22:20 GMT)

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The company's production and deliveries missed expectations in 2Q as well. Crucially though, Lucid would have beaten estimates this time around were it not for the fact that more than 1,000 vehicles were sent to Saudi Arabia for final assembly during the quarter, the analysts say. The market seems to have appreciated that distinction, with shares falling less than 1% to $23.89 in after-market trading. (dean.seal@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 06, 2025 18:20 ET (22:20 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}