Lucid’s Earnings Fell Short. Why the Stock Is Up More Than 23% Anyway._老虎社区_美港股上老虎

Lucid’s Earnings Fell Short. Why the Stock Is Up More Than 23% Anyway.

Barrons2021-11-17

The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping ...

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Nomadr
·2021-11-17
As long as it EV price will go up don’t need to have profit is fine lol….dont be naked when the tides goes out
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Veldora
·2021-11-17
[Surprised] woah, the momentum is strong.
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JY00
·2021-11-17
Hmm
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Andtendo
·2021-11-17
Like please :)
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- JY00:
  Oh
  2021-11-17
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Why the Stock Is Up More Than 23% Anyway.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 15:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping ...</p>\n\n<a href=\"https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LCID","symbol_name":"Lucid Group Inc","start_time":0,"source_url":"https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8","article_id":"1164000133","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1164000133","pubTimestamp":1637132982,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on ","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LCID":"Lucid Group Inc"},"translate_title":"Lucid的收益有所下降。为什么股票上涨了23%以上。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LCID":0.9},"content_text":"The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping gains.\nLucid stock (ticker: LCID) closed up 23.7% on Tuesday, at $55.52, after rising about 2% in after-hours trading on Monday. The S&P 500 and Dow Jones Industrial Average closed up 0.4% and 0.2%, respectively.\nThe company reported meager sales and a loss, but earnings don’t matter much now. The company is on the cusp of delivering significant numbers of cars. The stock, simply put, is being driven by other things.\nLucid reported sales of about $232,000 and a loss of 43 cents a share, but the sales weren’t from vehicles delivered to customers. Shipments started after the quarter ended. The money came in from the use of Lucid’s battery-pack technology in the Formula E racing series.\nWall Street was expecting a loss of 25 cents a share from about $1.3 million in sales, but at this point any earnings “miss” isn’t important. 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What we’ve got to do is up the number of cars we’re making [in Arizona],” CEO Peter Rawlinson tells Barron’s. “That’s my laser focus right now.”","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":878941301,"gmtCreate":1637142382276,"gmtModify":1637144101578,"author":{"id":"3567256937368628","authorId":"3567256937368628","name":"Nomadr","avatar":"https://static.tigerbbs.com/87ffa292cf6c6bac6572beb240597005","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3567256937368628","authorIdStr":"3567256937368628"},"htmlText":"As long as it EV price will go up don’t need to have profit is fine lol….dont be naked when the tides goes out","listText":"As long as it EV price will go up don’t need to have profit is fine lol….dont be naked when the tides goes out","text":"As long as it EV price will go up don’t need to have profit is fine lol….dont be naked when the tides goes out","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878941301","repostId":1164000133,"repostType":4,"repost":{"id":"1164000133","kind":"news","pubTimestamp":1637132982,"share":"https://www.laohu8.com/m/news/1164000133?lang=&edition=full","pubTime":"2021-11-17 15:09","market":"us","language":"en","title":"Lucid’s Earnings Fell Short. Why the Stock Is Up More Than 23% Anyway.","url":"https://stock-news.laohu8.com/highlight/detail?id=1164000133","media":"Barrons","summary":"The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on ","content":"<p>The electric-vehicle start-up&nbsp;Lucid Group&nbsp;reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping gains.</p>\n<p>Lucid stock (ticker: LCID) closed up 23.7% on Tuesday, at $55.52, after rising about 2% in after-hours trading on Monday. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;closed up 0.4% and 0.2%, respectively.</p>\n<p>The company reported meager sales and a loss, but earnings don’t matter much now. The company is on the cusp of delivering significant numbers of cars. The stock, simply put, is being driven by other things.</p>\n<p>Lucid reported sales of about $232,000 and a loss of 43 cents a share, but the sales weren’t from vehicles delivered to customers. Shipments started after the quarter ended. The money came in from the use of Lucid’s battery-pack technology in the Formula E racing series.</p>\n<p>Wall Street was expecting a loss of 25 cents a share from about $1.3 million in sales, but at this point any earnings “miss” isn’t important. Wall Street expects $1.7 billion in sales for all of 2022.</p>\n<p>The company said that as of the end of the third quarter, it had reservations for 13,000 cars, representing about $1.3 billion in potential sales, and that the total has risen to 17,000 reservations since then. That implies it is in line to reach the $1.7 billion in sales Wall Street expects for next year. That’s good news for investors.</p>\n<p>More good news came from Wall Street. Citigroup analyst Itay Michaeli raised his Lucid stock price target by more than 100%, to $57 a share from $28. The price boost is partly due to a higher valuation multiple assigned by the analyst and a “higher probability of our Bull vs. Bear outcomes,” wrote Michaeli. He rates shares Buy.</p>\n<p>Lucid also said it ended the quarter with about $4.8 billion on the balance sheet.</p>\n<p>Investors might have expecting the stock to fall after earnings. The adage “sell on the news” could certainly apply to a stock that, coming into Tuesday trading, was up more than 80% over the past month.</p>\n<p>Two main elements are behind the month’s gains. First, Lucid has begun making deliveries, allowing it to book sales. Another item on the positive list is investors’ strong response to the&nbsp;Rivian Automotive&nbsp;(RIVN) initial public offering. Rivian sold shares to the public at $78, and the stock was above $160 on Tuesday.</p>\n<p>At current prices, Lucid has a market capitalization of about $87 billion and is trading at roughly 50 times estimated 2022 sales.</p>\n<p>Looking ahead, Lucid has to produce the cars its customers has reserved. “Step up in the rate [of manufacture] is a challenge. What we’ve got to do is up the number of cars we’re making [in Arizona],” CEO Peter Rawlinson tells <i>Barron’s</i>. “That’s my laser focus right now.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lucid’s Earnings Fell Short. 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Why the Stock Is Up More Than 23% Anyway.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 15:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping ...</p>\n\n<a href=\"https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc"},"source_url":"https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164000133","content_text":"The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping gains.\nLucid stock (ticker: LCID) closed up 23.7% on Tuesday, at $55.52, after rising about 2% in after-hours trading on Monday. The S&P 500 and Dow Jones Industrial Average closed up 0.4% and 0.2%, respectively.\nThe company reported meager sales and a loss, but earnings don’t matter much now. The company is on the cusp of delivering significant numbers of cars. The stock, simply put, is being driven by other things.\nLucid reported sales of about $232,000 and a loss of 43 cents a share, but the sales weren’t from vehicles delivered to customers. Shipments started after the quarter ended. The money came in from the use of Lucid’s battery-pack technology in the Formula E racing series.\nWall Street was expecting a loss of 25 cents a share from about $1.3 million in sales, but at this point any earnings “miss” isn’t important. Wall Street expects $1.7 billion in sales for all of 2022.\nThe company said that as of the end of the third quarter, it had reservations for 13,000 cars, representing about $1.3 billion in potential sales, and that the total has risen to 17,000 reservations since then. That implies it is in line to reach the $1.7 billion in sales Wall Street expects for next year. That’s good news for investors.\nMore good news came from Wall Street. Citigroup analyst Itay Michaeli raised his Lucid stock price target by more than 100%, to $57 a share from $28. The price boost is partly due to a higher valuation multiple assigned by the analyst and a “higher probability of our Bull vs. Bear outcomes,” wrote Michaeli. He rates shares Buy.\nLucid also said it ended the quarter with about $4.8 billion on the balance sheet.\nInvestors might have expecting the stock to fall after earnings. The adage “sell on the news” could certainly apply to a stock that, coming into Tuesday trading, was up more than 80% over the past month.\nTwo main elements are behind the month’s gains. First, Lucid has begun making deliveries, allowing it to book sales. Another item on the positive list is investors’ strong response to the Rivian Automotive (RIVN) initial public offering. Rivian sold shares to the public at $78, and the stock was above $160 on Tuesday.\nAt current prices, Lucid has a market capitalization of about $87 billion and is trading at roughly 50 times estimated 2022 sales.\nLooking ahead, Lucid has to produce the cars its customers has reserved. “Step up in the rate [of manufacture] is a challenge. What we’ve got to do is up the number of cars we’re making [in Arizona],” CEO Peter Rawlinson tells Barron’s. “That’s my laser focus right now.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":878988152,"gmtCreate":1637138342533,"gmtModify":1637138343630,"author":{"id":"3580473686930895","authorId":"3580473686930895","name":"Veldora","avatar":"https://static.tigerbbs.com/2c60768e017f3418615cd7dea3a291ec","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3580473686930895","authorIdStr":"3580473686930895"},"htmlText":"[Surprised]&nbsp;woah, the momentum is strong.","listText":"[Surprised]&nbsp;woah, the momentum is strong.","text":"[Surprised] woah, the momentum is strong.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878988152","repostId":1164000133,"repostType":4,"repost":{"id":"1164000133","kind":"news","pubTimestamp":1637132982,"share":"https://www.laohu8.com/m/news/1164000133?lang=&edition=full","pubTime":"2021-11-17 15:09","market":"us","language":"en","title":"Lucid’s Earnings Fell Short. Why the Stock Is Up More Than 23% Anyway.","url":"https://stock-news.laohu8.com/highlight/detail?id=1164000133","media":"Barrons","summary":"The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on ","content":"<p>The electric-vehicle start-up&nbsp;Lucid Group&nbsp;reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping gains.</p>\n<p>Lucid stock (ticker: LCID) closed up 23.7% on Tuesday, at $55.52, after rising about 2% in after-hours trading on Monday. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;closed up 0.4% and 0.2%, respectively.</p>\n<p>The company reported meager sales and a loss, but earnings don’t matter much now. The company is on the cusp of delivering significant numbers of cars. The stock, simply put, is being driven by other things.</p>\n<p>Lucid reported sales of about $232,000 and a loss of 43 cents a share, but the sales weren’t from vehicles delivered to customers. Shipments started after the quarter ended. The money came in from the use of Lucid’s battery-pack technology in the Formula E racing series.</p>\n<p>Wall Street was expecting a loss of 25 cents a share from about $1.3 million in sales, but at this point any earnings “miss” isn’t important. Wall Street expects $1.7 billion in sales for all of 2022.</p>\n<p>The company said that as of the end of the third quarter, it had reservations for 13,000 cars, representing about $1.3 billion in potential sales, and that the total has risen to 17,000 reservations since then. That implies it is in line to reach the $1.7 billion in sales Wall Street expects for next year. That’s good news for investors.</p>\n<p>More good news came from Wall Street. Citigroup analyst Itay Michaeli raised his Lucid stock price target by more than 100%, to $57 a share from $28. The price boost is partly due to a higher valuation multiple assigned by the analyst and a “higher probability of our Bull vs. Bear outcomes,” wrote Michaeli. He rates shares Buy.</p>\n<p>Lucid also said it ended the quarter with about $4.8 billion on the balance sheet.</p>\n<p>Investors might have expecting the stock to fall after earnings. The adage “sell on the news” could certainly apply to a stock that, coming into Tuesday trading, was up more than 80% over the past month.</p>\n<p>Two main elements are behind the month’s gains. First, Lucid has begun making deliveries, allowing it to book sales. Another item on the positive list is investors’ strong response to the&nbsp;Rivian Automotive&nbsp;(RIVN) initial public offering. Rivian sold shares to the public at $78, and the stock was above $160 on Tuesday.</p>\n<p>At current prices, Lucid has a market capitalization of about $87 billion and is trading at roughly 50 times estimated 2022 sales.</p>\n<p>Looking ahead, Lucid has to produce the cars its customers has reserved. “Step up in the rate [of manufacture] is a challenge. What we’ve got to do is up the number of cars we’re making [in Arizona],” CEO Peter Rawlinson tells <i>Barron’s</i>. “That’s my laser focus right now.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lucid’s Earnings Fell Short. Why the Stock Is Up More Than 23% Anyway.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLucid’s Earnings Fell Short. Why the Stock Is Up More Than 23% Anyway.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 15:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping ...</p>\n\n<a href=\"https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc"},"source_url":"https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164000133","content_text":"The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping gains.\nLucid stock (ticker: LCID) closed up 23.7% on Tuesday, at $55.52, after rising about 2% in after-hours trading on Monday. The S&P 500 and Dow Jones Industrial Average closed up 0.4% and 0.2%, respectively.\nThe company reported meager sales and a loss, but earnings don’t matter much now. The company is on the cusp of delivering significant numbers of cars. The stock, simply put, is being driven by other things.\nLucid reported sales of about $232,000 and a loss of 43 cents a share, but the sales weren’t from vehicles delivered to customers. Shipments started after the quarter ended. The money came in from the use of Lucid’s battery-pack technology in the Formula E racing series.\nWall Street was expecting a loss of 25 cents a share from about $1.3 million in sales, but at this point any earnings “miss” isn’t important. Wall Street expects $1.7 billion in sales for all of 2022.\nThe company said that as of the end of the third quarter, it had reservations for 13,000 cars, representing about $1.3 billion in potential sales, and that the total has risen to 17,000 reservations since then. That implies it is in line to reach the $1.7 billion in sales Wall Street expects for next year. That’s good news for investors.\nMore good news came from Wall Street. Citigroup analyst Itay Michaeli raised his Lucid stock price target by more than 100%, to $57 a share from $28. The price boost is partly due to a higher valuation multiple assigned by the analyst and a “higher probability of our Bull vs. Bear outcomes,” wrote Michaeli. He rates shares Buy.\nLucid also said it ended the quarter with about $4.8 billion on the balance sheet.\nInvestors might have expecting the stock to fall after earnings. The adage “sell on the news” could certainly apply to a stock that, coming into Tuesday trading, was up more than 80% over the past month.\nTwo main elements are behind the month’s gains. First, Lucid has begun making deliveries, allowing it to book sales. Another item on the positive list is investors’ strong response to the Rivian Automotive (RIVN) initial public offering. Rivian sold shares to the public at $78, and the stock was above $160 on Tuesday.\nAt current prices, Lucid has a market capitalization of about $87 billion and is trading at roughly 50 times estimated 2022 sales.\nLooking ahead, Lucid has to produce the cars its customers has reserved. “Step up in the rate [of manufacture] is a challenge. What we’ve got to do is up the number of cars we’re making [in Arizona],” CEO Peter Rawlinson tells Barron’s. “That’s my laser focus right now.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":878998613,"gmtCreate":1637133557401,"gmtModify":1637133561671,"author":{"id":"3581568450429470","authorId":"3581568450429470","name":"JY00","avatar":"https://static.tigerbbs.com/b6e17ebb891eb376aff5c7eb5088602f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581568450429470","authorIdStr":"3581568450429470"},"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878998613","repostId":1164000133,"repostType":4,"repost":{"id":"1164000133","kind":"news","pubTimestamp":1637132982,"share":"https://www.laohu8.com/m/news/1164000133?lang=&edition=full","pubTime":"2021-11-17 15:09","market":"us","language":"en","title":"Lucid’s Earnings Fell Short. Why the Stock Is Up More Than 23% Anyway.","url":"https://stock-news.laohu8.com/highlight/detail?id=1164000133","media":"Barrons","summary":"The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on ","content":"<p>The electric-vehicle start-up&nbsp;Lucid Group&nbsp;reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping gains.</p>\n<p>Lucid stock (ticker: LCID) closed up 23.7% on Tuesday, at $55.52, after rising about 2% in after-hours trading on Monday. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;closed up 0.4% and 0.2%, respectively.</p>\n<p>The company reported meager sales and a loss, but earnings don’t matter much now. The company is on the cusp of delivering significant numbers of cars. The stock, simply put, is being driven by other things.</p>\n<p>Lucid reported sales of about $232,000 and a loss of 43 cents a share, but the sales weren’t from vehicles delivered to customers. Shipments started after the quarter ended. The money came in from the use of Lucid’s battery-pack technology in the Formula E racing series.</p>\n<p>Wall Street was expecting a loss of 25 cents a share from about $1.3 million in sales, but at this point any earnings “miss” isn’t important. Wall Street expects $1.7 billion in sales for all of 2022.</p>\n<p>The company said that as of the end of the third quarter, it had reservations for 13,000 cars, representing about $1.3 billion in potential sales, and that the total has risen to 17,000 reservations since then. That implies it is in line to reach the $1.7 billion in sales Wall Street expects for next year. That’s good news for investors.</p>\n<p>More good news came from Wall Street. Citigroup analyst Itay Michaeli raised his Lucid stock price target by more than 100%, to $57 a share from $28. The price boost is partly due to a higher valuation multiple assigned by the analyst and a “higher probability of our Bull vs. Bear outcomes,” wrote Michaeli. He rates shares Buy.</p>\n<p>Lucid also said it ended the quarter with about $4.8 billion on the balance sheet.</p>\n<p>Investors might have expecting the stock to fall after earnings. The adage “sell on the news” could certainly apply to a stock that, coming into Tuesday trading, was up more than 80% over the past month.</p>\n<p>Two main elements are behind the month’s gains. First, Lucid has begun making deliveries, allowing it to book sales. Another item on the positive list is investors’ strong response to the&nbsp;Rivian Automotive&nbsp;(RIVN) initial public offering. Rivian sold shares to the public at $78, and the stock was above $160 on Tuesday.</p>\n<p>At current prices, Lucid has a market capitalization of about $87 billion and is trading at roughly 50 times estimated 2022 sales.</p>\n<p>Looking ahead, Lucid has to produce the cars its customers has reserved. “Step up in the rate [of manufacture] is a challenge. What we’ve got to do is up the number of cars we’re making [in Arizona],” CEO Peter Rawlinson tells <i>Barron’s</i>. “That’s my laser focus right now.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lucid’s Earnings Fell Short. Why the Stock Is Up More Than 23% Anyway.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLucid’s Earnings Fell Short. Why the Stock Is Up More Than 23% Anyway.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 15:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping ...</p>\n\n<a href=\"https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc"},"source_url":"https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164000133","content_text":"The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping gains.\nLucid stock (ticker: LCID) closed up 23.7% on Tuesday, at $55.52, after rising about 2% in after-hours trading on Monday. The S&P 500 and Dow Jones Industrial Average closed up 0.4% and 0.2%, respectively.\nThe company reported meager sales and a loss, but earnings don’t matter much now. The company is on the cusp of delivering significant numbers of cars. The stock, simply put, is being driven by other things.\nLucid reported sales of about $232,000 and a loss of 43 cents a share, but the sales weren’t from vehicles delivered to customers. Shipments started after the quarter ended. The money came in from the use of Lucid’s battery-pack technology in the Formula E racing series.\nWall Street was expecting a loss of 25 cents a share from about $1.3 million in sales, but at this point any earnings “miss” isn’t important. Wall Street expects $1.7 billion in sales for all of 2022.\nThe company said that as of the end of the third quarter, it had reservations for 13,000 cars, representing about $1.3 billion in potential sales, and that the total has risen to 17,000 reservations since then. That implies it is in line to reach the $1.7 billion in sales Wall Street expects for next year. That’s good news for investors.\nMore good news came from Wall Street. Citigroup analyst Itay Michaeli raised his Lucid stock price target by more than 100%, to $57 a share from $28. The price boost is partly due to a higher valuation multiple assigned by the analyst and a “higher probability of our Bull vs. Bear outcomes,” wrote Michaeli. He rates shares Buy.\nLucid also said it ended the quarter with about $4.8 billion on the balance sheet.\nInvestors might have expecting the stock to fall after earnings. The adage “sell on the news” could certainly apply to a stock that, coming into Tuesday trading, was up more than 80% over the past month.\nTwo main elements are behind the month’s gains. First, Lucid has begun making deliveries, allowing it to book sales. Another item on the positive list is investors’ strong response to the Rivian Automotive (RIVN) initial public offering. Rivian sold shares to the public at $78, and the stock was above $160 on Tuesday.\nAt current prices, Lucid has a market capitalization of about $87 billion and is trading at roughly 50 times estimated 2022 sales.\nLooking ahead, Lucid has to produce the cars its customers has reserved. “Step up in the rate [of manufacture] is a challenge. What we’ve got to do is up the number of cars we’re making [in Arizona],” CEO Peter Rawlinson tells Barron’s. “That’s my laser focus right now.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":878993991,"gmtCreate":1637133089617,"gmtModify":1637133089959,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577917241557928","authorIdStr":"3577917241557928"},"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878993991","repostId":1164000133,"repostType":4,"repost":{"id":"1164000133","kind":"news","pubTimestamp":1637132982,"share":"https://www.laohu8.com/m/news/1164000133?lang=&edition=full","pubTime":"2021-11-17 15:09","market":"us","language":"en","title":"Lucid’s Earnings Fell Short. Why the Stock Is Up More Than 23% Anyway.","url":"https://stock-news.laohu8.com/highlight/detail?id=1164000133","media":"Barrons","summary":"The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on ","content":"<p>The electric-vehicle start-up&nbsp;Lucid Group&nbsp;reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping gains.</p>\n<p>Lucid stock (ticker: LCID) closed up 23.7% on Tuesday, at $55.52, after rising about 2% in after-hours trading on Monday. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;closed up 0.4% and 0.2%, respectively.</p>\n<p>The company reported meager sales and a loss, but earnings don’t matter much now. The company is on the cusp of delivering significant numbers of cars. The stock, simply put, is being driven by other things.</p>\n<p>Lucid reported sales of about $232,000 and a loss of 43 cents a share, but the sales weren’t from vehicles delivered to customers. Shipments started after the quarter ended. The money came in from the use of Lucid’s battery-pack technology in the Formula E racing series.</p>\n<p>Wall Street was expecting a loss of 25 cents a share from about $1.3 million in sales, but at this point any earnings “miss” isn’t important. Wall Street expects $1.7 billion in sales for all of 2022.</p>\n<p>The company said that as of the end of the third quarter, it had reservations for 13,000 cars, representing about $1.3 billion in potential sales, and that the total has risen to 17,000 reservations since then. That implies it is in line to reach the $1.7 billion in sales Wall Street expects for next year. That’s good news for investors.</p>\n<p>More good news came from Wall Street. Citigroup analyst Itay Michaeli raised his Lucid stock price target by more than 100%, to $57 a share from $28. The price boost is partly due to a higher valuation multiple assigned by the analyst and a “higher probability of our Bull vs. Bear outcomes,” wrote Michaeli. He rates shares Buy.</p>\n<p>Lucid also said it ended the quarter with about $4.8 billion on the balance sheet.</p>\n<p>Investors might have expecting the stock to fall after earnings. The adage “sell on the news” could certainly apply to a stock that, coming into Tuesday trading, was up more than 80% over the past month.</p>\n<p>Two main elements are behind the month’s gains. First, Lucid has begun making deliveries, allowing it to book sales. Another item on the positive list is investors’ strong response to the&nbsp;Rivian Automotive&nbsp;(RIVN) initial public offering. Rivian sold shares to the public at $78, and the stock was above $160 on Tuesday.</p>\n<p>At current prices, Lucid has a market capitalization of about $87 billion and is trading at roughly 50 times estimated 2022 sales.</p>\n<p>Looking ahead, Lucid has to produce the cars its customers has reserved. “Step up in the rate [of manufacture] is a challenge. What we’ve got to do is up the number of cars we’re making [in Arizona],” CEO Peter Rawlinson tells <i>Barron’s</i>. “That’s my laser focus right now.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lucid’s Earnings Fell Short. Why the Stock Is Up More Than 23% Anyway.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLucid’s Earnings Fell Short. Why the Stock Is Up More Than 23% Anyway.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 15:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping ...</p>\n\n<a href=\"https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc"},"source_url":"https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164000133","content_text":"The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping gains.\nLucid stock (ticker: LCID) closed up 23.7% on Tuesday, at $55.52, after rising about 2% in after-hours trading on Monday. The S&P 500 and Dow Jones Industrial Average closed up 0.4% and 0.2%, respectively.\nThe company reported meager sales and a loss, but earnings don’t matter much now. The company is on the cusp of delivering significant numbers of cars. The stock, simply put, is being driven by other things.\nLucid reported sales of about $232,000 and a loss of 43 cents a share, but the sales weren’t from vehicles delivered to customers. Shipments started after the quarter ended. The money came in from the use of Lucid’s battery-pack technology in the Formula E racing series.\nWall Street was expecting a loss of 25 cents a share from about $1.3 million in sales, but at this point any earnings “miss” isn’t important. Wall Street expects $1.7 billion in sales for all of 2022.\nThe company said that as of the end of the third quarter, it had reservations for 13,000 cars, representing about $1.3 billion in potential sales, and that the total has risen to 17,000 reservations since then. That implies it is in line to reach the $1.7 billion in sales Wall Street expects for next year. That’s good news for investors.\nMore good news came from Wall Street. Citigroup analyst Itay Michaeli raised his Lucid stock price target by more than 100%, to $57 a share from $28. The price boost is partly due to a higher valuation multiple assigned by the analyst and a “higher probability of our Bull vs. Bear outcomes,” wrote Michaeli. He rates shares Buy.\nLucid also said it ended the quarter with about $4.8 billion on the balance sheet.\nInvestors might have expecting the stock to fall after earnings. The adage “sell on the news” could certainly apply to a stock that, coming into Tuesday trading, was up more than 80% over the past month.\nTwo main elements are behind the month’s gains. First, Lucid has begun making deliveries, allowing it to book sales. Another item on the positive list is investors’ strong response to the Rivian Automotive (RIVN) initial public offering. Rivian sold shares to the public at $78, and the stock was above $160 on Tuesday.\nAt current prices, Lucid has a market capitalization of about $87 billion and is trading at roughly 50 times estimated 2022 sales.\nLooking ahead, Lucid has to produce the cars its customers has reserved. “Step up in the rate [of manufacture] is a challenge. What we’ve got to do is up the number of cars we’re making [in Arizona],” CEO Peter Rawlinson tells Barron’s. “That’s my laser focus right now.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6612405,"gmtCreate":1637133551913,"gmtModify":1637133551963,"authorId":3581568450429470,"author":{"id":3581568450429470,"idStr":"3581568450429470","authorId":3581568450429470,"name":"JY00","avatar":"https://static.tigerbbs.com/b6e17ebb891eb376aff5c7eb5088602f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878993991,"type":1,"supId":0,"prevId":0,"content":"Oh","text":"Oh","html":"Oh"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":15,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}