LCID

LONGINSIDER SELL

LUCID GROUP INC

Research: Finviz ↗·Perplexity ↗

🗄 Viewing archived Q1 2026 data — frozen, no longer refreshed.

Funds

Score

2.01

vs SPY

-54.4%

Stock return (since Q-end)

-34.7%

SPY return (since Q-end)

+19.7%

Current price

$6.22

Days to cover (short int.)

2.9d↓-9.5%

as of 2026-07-31

News Summary

Negative

Lucid delivered deeply disappointing Q2 2026 results with a $1.035 billion net loss, -105% gross margin (including a $300M inventory impairment), and suspended 2026 guidance pending CEO review, while facing a securities fraud class-action lawsuit alleging false statements about manufacturing capabilities and a 29-day delivery halt. The company burned $1.22 billion in operating cash in H1 2026 despite a $1.05 billion capital raise, with liquidity now critically constrained at $732.6 million and total liabilities at $5.85 billion.

Red flags

•Q2 revenue missed analyst consensus by 7.1% ($405.3M vs $436.6M expected)
•Loss per share of -$3.30 vs -$2.46 expected; deteriorating from -$3.46 in Q1
•Gross margin deeply negative at -105% with $300M inventory impairment charge
•Net loss of $2.063 billion in first half of 2026; adjusted EBITDA of -$901M
•$1.22 billion cash burn from operating activities in H1 2026
•Suspended 2026 production guidance (was 25,000-27,000 units); Q3/Q4 expected below Q2 levels
•Securities fraud class-action lawsuit alleging false statements on manufacturing capabilities and concealed 29-day delivery halt
•Insider trading allegations: two senior officers sold $646.8K in shares before April 3 disclosure
•Leadership instability: COO Marc Winterhoff departed; new CFO and CTO brought in
•CEO acknowledged 'history of missed commitments and poor execution' eroding customer/investor trust
•Liquidity of $732.6M insufficient to cover $5.85B in liabilities; dependent on PIF/Uber funding
•No updated guidance provided; management cited company is 'not ready' to provide 2026 outlook

Funds Buying (3)

Fund	Manager	Shares Held	∆ Shares	Position Value	% of Fund	QoQ	Status
Coatue Management	Philippe Laffont	295K	+295K	$3M	<0.1%	—	NEW
Point72	Steve Cohen	221K	+221K	$2M	<0.1%	—	NEW
Soros Fund Management	Soros Family Office	173K	+77K	$2M	<0.1%	+80%	Existing

Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter. % of Fund is the position's share of the fund's reported equity portfolio — it drives the size weighting in the conviction score.

Insider Activity

Name	Title	Type	Shares	Price	Value	Filed	Src
Winitzer Ori	—	SELL	1K	$7.46	$0.01M	2026-08-03	↗
Winitzer Ori	—	SELL	1K	$6.38	$0.01M	2026-06-01	↗

Beneficial Ownership (13D/13G)

Filer	Form	Shares	% of Class	Filed	Src
BANK OF AMERICA CORP /DE/	SC 13G/A	3.5M	1.1%	2026-01-13	↗

SC 13D = active intent to influence control (10-day filing deadline after crossing 5%). SC 13G = passive accumulation, no intent to influence control.