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Lucid's Q4 deliveries jump 72%, but shares slump amid lawsuits and cash burn concerns.

Analyst Insights
15 Jun 2026
24/7 Wall Street
View Source
Neutral
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Lucid delivered 5,345 vehicles in Q4 2025, a 72% increase year-over-year, yet its stock trades at just $5.20, down over 50% this year. The company faces challenges including securities lawsuits, a missed Q1 revenue target, and accelerating cash burn with free cash flow at -$3.8 billion in 2025. Despite these issues, Lucid plans to scale up vehicle deliveries to 25,000-27,000 in 2026 and launch robotaxi services in partnership with Uber and Nuro. Analysts see potential upside to $8.40-$8.90, but reaching $10 per share by year-end requires strong execution on deliveries, robotaxi milestones, and resolution of legal risks.

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