LCID
Lucid Group, Inc.
LCID has the edge over LI overall, supported by stronger fundamentals and stronger modeled upside.
LI
Li Auto Inc.
LI has lower modeled downside risk, despite its lower overall score.
LCID Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
LCID's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
LI Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Weak | |
| Strong |
LI's balance sheet is currently strong, but its revenue, profitability and cash flow are under pressure.
LCID PE Valuation
LCID has no meaningful PE right now: it lost money over the past year.
LI PE Valuation
LI has no meaningful PE right now: it lost money over the past year.
LCID Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect LCID's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
LI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect LI to return to profit, with revenue growing.
LCID Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$13.08 | -$2.57 |
| Q2 2026 | -$13.65 | -$2.35 |
| Q1 2026 | -$13.15 | -$1.25 |
| Q4 2025 | -$12.09 | +$0.41 |
| Q3 2025 | -$10.51 | +$2.49 |
| Q2 2025 | -$11.30 | +$0.40 |
| Q1 2025 | -$11.90 | +$0.40 |
| Q4 2024 | -$12.50 | +$1.10 |
LCID has the edge over LI on earnings, with more consistent year-over-year improvement.
LI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.69 | -162% |
| Q1 2026 | -$0.28 | -125% |
| Q4 2025 | $0.15 | -87% |
| Q3 2025 | $0.63 | -56% |
| Q2 2025 | $1.12 | -21% |
| Q1 2025 | $1.12 | -30% |
| Q4 2024 | $1.12 | -32% |
| Q3 2024 | $1.42 | +60% |
LI has swung to a loss: it lost $0.69 per share over the past year, after a profit the year before.
LCID Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $350.3M | +4.1% |
| Q2 2026 | $405.3M | +56% |
| Q1 2026 | $282.5M | +20% |
| Q4 2025 | $522.7M | +123% |
| Q3 2025 | $336.6M | +68% |
| Q2 2025 | $259.4M | +29% |
| Q1 2025 | $235M | +36% |
| Q4 2024 | $234.5M | +49% |
LCID has the edge over LI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -245% | +35 points |
| Q2 2026 | -267% | +43 points |
| Q1 2026 | -350% | -56 points |
| Q4 2025 | -204% | +109 points |
| Q3 2025 | -280% | +105 points |
| Q2 2025 | -310% | +83 points |
| Q1 2025 | -294% | +128 points |
| Q4 2024 | -313% | +156 points |
LCID's operating margin was −245% last quarter, up 35 points from the same quarter a year ago, near the top of its range since 2020.
LI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $3.8B | -16% |
| Q1 2026 | $3.4B | -12% |
| Q4 2025 | $4.3B | -32% |
| Q3 2025 | $4.1B | -37% |
| Q2 2025 | $4.6B | -4.1% |
| Q1 2025 | $3.9B | +1.4% |
| Q4 2024 | $6.3B | +2.6% |
| Q3 2024 | $6.5B | +24% |
LI's revenue has slid since its 2024 peak: $3.8B last quarter, down 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -8.6% | -10 points |
| Q1 2026 | -13% | -14 points |
| Q4 2025 | -1.9% | -9.8 points |
| Q3 2025 | -4.7% | -12 points |
| Q2 2025 | 1.8% | +0.7 points |
| Q1 2025 | 1.1% | +4 points |
| Q4 2024 | 8% | +0.7 points |
| Q3 2024 | 7.7% | +1.1 points |
LI has the edge over LCID on profitability, with a higher operating margin.
LCID Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1B | -$84.2M |
| Q2 2026 | -$1.5B | -$463.2M |
| Q1 2026 | -$1.4B | -$849M |
| Q4 2025 | -$1.2B | -$417.1M |
| Q3 2025 | -$955.5M | -$333M |
| Q2 2025 | -$1B | -$271.6M |
| Q1 2025 | -$589.9M | +$125.1M |
| Q4 2024 | -$824.8M | -$77.6M |
LCID has burned cash in almost every quarter: −$5.2B over the past year, against −$3.4B the year before.
LI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$195.2M | +$505.8M |
| Q1 2026 | -$1.1B | -$888.5M |
| Q4 2025 | $142.7M | -84% |
| Q3 2025 | -$952.9M | -170% |
| Q2 2025 | -$701M | -$165.9M |
| Q1 2025 | -$220.2M | +$538.4M |
| Q4 2024 | $909.3M | -59% |
| Q3 2024 | $1.4B | -32% |
LI has the edge over LCID on cash flow, with more consistent year-over-year improvement.
LCID Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.3% | +12.5M shares |
| 1 year | +26% | +82.4M shares |
| 3 years | +73% | +166M shares |
LCID has 395M diluted shares, up 26% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | $2.2M |
| Q1 2020 | — |
LI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.7% | -6.7M shares |
| 1 year | -6% | -64.2M shares |
| 3 years | -4.4% | -46.3M shares |
| 5 years | +11% | +102M shares |
| Available history | +11% | +102M shares |
LI has the edge over LCID on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
LI hasn't bought back shares in the past year.
LCID Net Leverage
LCID's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
LI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | -9.2x | Net Cash |
| Q4 2025 | -6.4x | Net Cash |
| Q3 2025 | -3.7x | Net Cash |
| Q2 2025 | -2.5x | Net Cash |
| Q1 2025 | -2.9x | Net Cash |
| Q4 2024 | -4.0x | Net Cash |
| Q3 2024 | -5.2x | Net Cash |
| Q2 2024 | -5.8x | Net Cash |
LI has more cash than debt.
LCID Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.9 | Neutral |
| Stochastic | 7.1 | Oversold |
LCID's weekly RSI is 33 (neutral) and its Stochastic is 7 (oversold).
LI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.0 | Neutral |
| Stochastic | 41.3 | Neutral |
LI's weekly RSI is 42 (neutral) and its Stochastic is 41 (neutral).
LCID PE vs Consumer Cyclical Sector
LCID has no meaningful PE right now: it lost money over the past year.
LI PE vs Consumer Cyclical Sector
| Metric | LI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
LI has no meaningful PE right now: it lost money over the past year.
LCID Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.53 | 7.9% below |
| 20 week MA | $4.88 | 33% below |
| 50 week MA | $7.33 | 56% below |
| 100 week MA | $15.4 | 79% below |
| 200 week MA | $31.9 | 90% below |
LCID is in a downtrend: it's below all five of its weekly moving averages, and 90% below its 200-week average.
LI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $11.5 | 2% above |
| 20 week MA | $12.0 | 2.9% below |
| 50 week MA | $15.0 | 22% below |
| 100 week MA | $20.0 | 41% below |
| 200 week MA | $24.4 | 52% below |
LI has the edge over LCID on trend strength, trading above more of its moving averages.
LCID Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $98.9 | $100.4 | +1.5% |
| 2021 | $100.4 | $376.4 | +275% |
| 2022 | $376.4 | $67.0 | -82% |
| 2023 | $67.0 | $42.1 | -37% |
| 2024 | $42.1 | $32.0 | -24% |
| 2025 | $32.0 | $11.4 | -64% |
| 2026 YTD | $11.4 | $3.25 | -72% |
LCID has finished four years in a row lower, and it's down 72% so far in 2026.
LI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.0 | $29.3 | +83% |
| 2021 | $29.3 | $30.4 | +3.8% |
| 2022 | $30.4 | $18.8 | -38% |
| 2023 | $18.8 | $37.4 | +99% |
| 2024 | $37.4 | $25.5 | -32% |
| 2025 | $25.5 | $17.4 | -32% |
| 2026 YTD | $17.4 | $11.7 | -33% |
LI has the edge over LCID on returns for 2026, with the stronger performance.