Electric Up-And Comer Lucid's Stock 'Still In Park': Analysts Expect Investors To Keep 'Conservative Posture' On Tesla Rival
Electric Up-And Comer Lucid's Stock 'Still In Park': Analysts Expect Investors To Keep 'Conservative Posture' On Tesla Rival
Electric vehicle company Lucid Group Inc (NASDAQ:LCID) reported first-quarter financial results Monday that saw revenue beat and earnings per share miss Street consensus estimates.
電動汽車公司Lucid Group Inc（納斯達克股票代碼：LCID）週一公佈了第一季度財務業績，收入超過了華爾街的共識，每股收益未達到華爾街的共識預期。
Analysts size up the results and what's next for the company.
分析師估算了業績以及公司的下一步走向。
The Lucid Analysts:
清醒的分析師：
- Stifel analyst Stephen Gengaro has a Hold rating and $4 price target on Lucid.
- Needham analyst Chris Pierce has a Hold rating and no price target on Lucid.
- Stifel分析師斯蒂芬·根加羅對Lucid的評級爲持有，目標股價爲4美元。
- Needham分析師克里斯·皮爾斯對Lucid的評級爲持有，沒有目標股價。
Related Link: What's Going On With Lucid Stock Tuesday?
相關鏈接：週二的Lucid股票怎麼了？
Stifel on Lucid: The first quarter report had mixed results and no real surprises for 2024, Gengaro said.
Stifel on Lucid：根加羅說，第一季度報告的業績好壞參半，2024年也就不足爲奇了。
The analyst said guidance for producing 9,000 vehicles in 2024 was reiterated by the company.
該分析師表示，該公司重申了2024年生產9,000輛汽車的指導方針。
"While first-quarter production numbers came in lighter-than-expected, we believe the company's 9,000 vehicle production target for the year is reasonable," Gengaro said.
根加羅說：“儘管第一季度的產量低於預期，但我們認爲該公司今年的9,000輛汽車產量目標是合理的。”
The analyst highlighted gross losses improving in the quarter.
該分析師強調，本季度的總虧損有所改善。
"Lucid remains laser-focused on aligning production with demand while controlling costs."
“Lucid仍然專注於使生產與需求保持一致，同時控制成本。”
Gengaro said the company's financial position should get it through "at least the launch" of the Lucid Gravity SUV. Additional capital could be needed after this key event with high cash burn, the analyst said.
Gengaro表示，該公司的財務狀況應該能讓其 “至少在” Lucid Gravity SUV的推出之後順利完成。分析師表示，在這一關鍵事件之後，可能需要額外的資金，因爲現金消耗量很高。
The analyst said that while production is improving for Lucid, the company could still be in the "prove-it-to-me stage."
這位分析師表示，儘管Lucid的產量正在改善，但該公司仍可能處於 “向我證明的階段”。
Needham on Lucid: Consumers and OEM partners are "still in park" as Lucid looks to grow its production, Pierce said.
Needham談Lucid：皮爾斯說，由於Lucid希望增加產量，消費者和OEM合作伙伴 “仍處於停滯狀態”。
"We continue to be believers in LCID's best in class technology driving industry leading efficiency, but we also continue to see low absolute delivery numbers, limiting fixed cost absorption driving financial statement losses and driving further capital needs," Pierce said.
皮爾斯說：“我們仍然相信LCID的一流技術可以推動行業領先的效率，但我們也仍然看到絕對交付量很低，這限制了固定成本吸收，導致財務報表虧損並推動了進一步的資本需求。”
The analyst said Lucid is confident that the Lucid Gravity SUV will be well received by consumers.
這位分析師表示，Lucid相信Lucid Gravity SUV將受到消費者的好評。
Pierce cautions that for bears, Lucid could be "a catalyst light story."
皮爾斯警告說，對於空頭來說，Lucid可能是 “催化劑的輕故事”。
"We continue to think investors will take a conservative posture when considering the low penetration of LCID's existing lineup."
“考慮到LCID現有陣容的低滲透率，我們仍然認爲，投資者將採取保守的立場。”
The analyst said investors could be underestimating the technology leadership Lucid has, and the deep pockets of the Saudi Arabian Public Investment Fund allow for patience.
這位分析師表示，投資者可能低估了Lucid的科技領導地位，沙特阿拉伯公共投資基金的雄厚財力讓人耐心等待。
LCID Price Action: Lucid shares are down 14% to $2.65 versus a 52-week trading range of $2.29 to $8.37. Lucid stock is down 66% over the last year.
LCID價格走勢：Lucid股價下跌14％，至2.65美元，而52周的交易區間爲2.29美元至8.37美元。Lucid的股票比去年下跌了66％。
Photo: Shutterstock
照片：Shutterstock
譯文內容由第三人軟體翻譯。