How to buy Lucid Motors (LCID:NASDAQ) stocks

Lucid Motors is an auto manufacturers business based in the US. Lucid Motors shares (LCID.US) are listed on the NASDAQ and all prices are listed in US dollars. Its last market close was $2.49 – a decrease of 4.6% over the previous day. Lucid Motors employs 6,500 staff and has a trailing 12-month revenue of around $668.3 million.

How to buy shares in Lucid Motors

Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
Fund your account. Add money to your account via bank transfer, debit card or credit card.
Search the platform by ticker symbol. LCID in this case.
Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
Submit the order. It's that simple.

The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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Is Lucid Motors under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Lucid Motors P/E ratio, PEG ratio and EBITDA.

P/E ratio
Lucid Motors PEG ratio

Lucid Motors's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 0x. In other words, Lucid Motors's stocks trade at around 0x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Lucid Motors's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give None. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Lucid Motors's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Frequently asked questions

It's as easy to sell Lucid Motors as it is to buy! Here's how to sell Lucid Motors stocks that you already own.
1. Open your investment app. If you've got one with desktop access, you can log in online
2. Go to your portfolio. This should be in the main menu
3. Find your shares. You may be able to search your portfolio
4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
5. Sell your Lucid Motors shares. Your investment platform will let you know when your shares are sold

Lucid Motors financials

Revenue TTM	$730.5 million
Gross profit TTM	$-1,037,905,000
Return on assets TTM	-21.55%
Return on equity TTM	-64.93%
Profit margin	0%
Book value	$1.15
Market capitalisation	$6.3 billion

TTM: trailing 12 months

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