A company still losing money with growing sales, with high risk. Institutions are adding.
Going well
Sales up 56% in the latest quarter vs a year ago
Sales up 68% last year
Sales growth speeding up
Watch out for
About 3 months of cash left at its current burn
Owes more than it owns (negative equity)
Share count growing 20% a year (dilution)
Money moves
Insiders sold $4K in the last 30 days, all through pre-planned sales
Institutions added 21% to their holdings in the quarter ending June 2026 (213 bought, 116 sold)
Held by George Soros (Soros Fund), Philippe Laffont (Coatue)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$3.40-3.4% that day
Company value
$1.3B
Share price times all shares
Price vs sales
0.87x
No profit over the last year, so this compares value with sales instead
Cash vs value
55%
A big cushion: cash is a large part of what the company is worth
Debt vs value
203%
Owes more than the whole company is worth
From LCID's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$405.3M+56% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $1.5B, up 67% from the 12 months before.
What the price assumes
Your guesses, our math
Move the sliders to your own view of LCID. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$5.7B
Profit in 5 years$574M
Price these guesses point to$13.58+299% vs $3.40 todayAbout +32% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 1.4% a year for 5 years and still match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-117.6%
MissDebt under half of equityNot relying on borrowed money.3.79x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-199.3%
MissProfitable every yearSteady profits, not one good year.0 of 7 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$3.8B
MissShare count not growingNot diluting owners. Falling means buybacks.+72.8% in 3 years
Revenue
$1.4B
+67.6% vs prior year
Total debt
$2.7B
3.79x equity
Current ratio
1.25x
short-term assets / bills due
Free cash flow
-$3.8B
-280.7% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Oct 5
Revenue
$405.3M
+56.2% YoY
EPS
-$3.30
vs -$2.80
Op. margin
-267.0%
+42.5 pts
Gross margin
-105.3%
-0.3 pts
Free cash flow
-$1.5B
Share count
+25.0%
vs a year ago
Insider rating
Last 90 days
50Mixed
Pre-planned sales of $4K (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+20.8%
Institutions added 20.8% to their holdings. 213 bought, 116 sold.
Shares held by institutions305.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+20.0%
Cash runwayAt last year's cash burn
3 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
394M
Why high risk
Losing money, losses are large next to sales
About 3 months of cash left at its current burn
Share count growing 20% a year (dilution)
Owes more than it owns (negative equity)
Earnings reports
Last 12
Next reportAround Jan 4, 2027 (est.)Estimated from the same quarter last year
Results filedOct 5
Results filedAug 4
Results filedJul 2
Results filedMay 5
Results filedApr 14
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days