LCID

Lucid Group, Inc.

52
Fundamentals65/ 100
Valuation50/ 100
Upside potential62/ 100
Risk potential38/ 100

LCID lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.

NAAS

NaaS Technology Inc.

There isn't enough reported data to score NAAS yet.

LCID Fundamentals

MetricStatus
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.

NAAS Fundamentals

MetricStatus
Weak
Under pressure
Stable
Strong

NAAS's balance sheet is currently strong, and its cash flow is stable, but its revenue and profitability are under pressure.

LCID PE Valuation

LCID has no meaningful PE right now: it lost money over the past year.

NAAS PE Valuation

NAAS has no meaningful PE right now: it lost money over the past year.

LCID Forward outlook

MetricOutlook
--
Losses shrinking
Strong growth
--
Limited
Low

Analysts expect LCID's losses to shrink, with revenue growing. However, they disagree widely on these estimates.

NAAS Forward outlook

MetricOutlook
--
Strong decline
Strong growth
--
Limited
High

Analysts expect NAAS's revenue to grow, but its earnings to decline.

LCID Risk to reward

ScenarioChangePrice
Upside+63%$5.30
Downside-38%$2.02

Calculated from the latest close: $3.25 on Nov 12.

There is not enough scenario data to compare LCID and NAAS's risk to reward.

NAAS Risk to reward

ScenarioChangePrice
UpsideUnknownโ€”
DownsideUnknownโ€”

Calculated from the latest close: $1.73 on Nov 12.

There is not enough scenario data to compare LCID and NAAS's risk to reward.

LCID Earnings Per Share

Q4 2023: $-13.60Q1 2024: $-12.30Q2 2024: $-11.70Q3 2024: $-13.00Q4 2024: $-12.50Q1 2025: $-11.90Q2 2025: $-11.30Q3 2025: $-10.51Q4 2025: $-12.09Q1 2026: $-13.15Q2 2026: $-13.65Q3 2026: $-13.08
Q4 2023: $-13.60Q1 2024: $-12.30Q2 2024: $-11.70Q3 2024: $-13.00Q4 2024: $-12.50Q1 2025: $-11.90Q2 2025: $-11.30Q3 2025: $-10.51Q4 2025: $-12.09Q1 2026: $-13.15Q2 2026: $-13.65Q3 2026: $-13.08
QuarterTTM EPSYoY
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

NAAS has the stronger earnings trend. Trailing diluted EPS is down 224% for LCID versus NAAS down 162%.

NAAS Earnings Per Share

Q3 2023: $-200.50Q4 2023: $-268.93Q1 2024: $-289.63Q2 2024: $-241.36Q3 2024: $-165.87Q4 2024: $-165.87
Q3 2023: $-200.50Q4 2023: $-268.93Q1 2024: $-289.63Q2 2024: $-241.36Q3 2024: $-165.87Q4 2024: $-165.87
QuarterTTM EPSYoY
Q4 2024-$165.87+$103.06
Q3 2024-$165.87+$34.63
Q2 2024-$241.36-$93.69
Q1 2024-$289.63-$63.92
Q4 2023-$268.93-$37.22
Q3 2023-$200.50+$24.01
Q2 2023-$147.67+$73.23
Q1 2023-$225.71-$109.25

NAAS is still losing money, but far less than before: $165.87 per share over the past year, against $566.61 at its worst in late 2020.

LCID Quarterly Revenue

Q4 2023: $157MQ1 2024: $173MQ2 2024: $201MQ3 2024: $200MQ4 2024: $234MQ1 2025: $235MQ2 2025: $259MQ3 2025: $337MQ4 2025: $523MQ1 2026: $282MQ2 2026: $405MQ3 2026: $350M
Q4 2023: $157MQ1 2024: $173MQ2 2024: $201MQ3 2024: $200MQ4 2024: $234MQ1 2025: $235MQ2 2025: $259MQ3 2025: $337MQ4 2025: $523MQ1 2026: $282MQ2 2026: $405MQ3 2026: $350M
QuarterRevenueYoY
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 NAAS on sales, with more consistent year-over-year improvement.

NAAS Quarterly Revenue

Q3 2023: $15MQ4 2023: $10MQ1 2024: $14MQ2 2024: $14MQ3 2024: $7MQ4 2024: $7MQ1 2025: $5MQ2 2025: $5MQ3 2025: $4MQ4 2025: $4MQ1 2026: $3MQ2 2026: $3M
Q3 2023: $15MQ4 2023: $10MQ1 2024: $14MQ2 2024: $14MQ3 2024: $7MQ4 2024: $7MQ1 2025: $5MQ2 2025: $5MQ3 2025: $4MQ4 2025: $4MQ1 2026: $3MQ2 2026: $3M
QuarterRevenueYoY
Q2 2026$3.4M-32%
Q1 2026$3.4M-32%
Q4 2025$4.4M-35%
Q3 2025$4.4M-34%
Q2 2025$5M-64%
Q1 2025$5M-65%
Q4 2024$6.8M-30%
Q3 2024$6.7M-55%

NAAS's revenue has slid since its 2019 peak: $3M last quarter, down 32% from the same quarter a year ago.

LCID Free Cash Flow

Q4 2023: โˆ’$747MQ1 2024: โˆ’$715MQ2 2024: โˆ’$741MQ3 2024: โˆ’$622MQ4 2024: โˆ’$825MQ1 2025: โˆ’$590MQ2 2025: โˆ’$1BQ3 2025: โˆ’$955MQ4 2025: โˆ’$1.2BQ1 2026: โˆ’$1.4BQ2 2026: โˆ’$1.5BQ3 2026: โˆ’$1B
Q4 2023: โˆ’$747MQ1 2024: โˆ’$715MQ2 2024: โˆ’$741MQ3 2024: โˆ’$622MQ4 2024: โˆ’$825MQ1 2025: โˆ’$590MQ2 2025: โˆ’$1BQ3 2025: โˆ’$955MQ4 2025: โˆ’$1.2BQ1 2026: โˆ’$1.4BQ2 2026: โˆ’$1.5BQ3 2026: โˆ’$1B
QuarterFree cash flowYoY
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 the edge over NAAS on cash flow, with more consistent year-over-year improvement.

NAAS Free Cash Flow

Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $0Q1 2025: $0Q2 2025: $0Q3 2025: $0Q4 2025: $0Q1 2026: $0Q2 2026: $0
Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $0Q1 2025: $0Q2 2025: $0Q3 2025: $0Q4 2025: $0Q1 2026: $0Q2 2026: $0
QuarterFree cash flowYoY
Q2 2026$0$0
Q1 2026$0$0
Q4 2025$0$0
Q3 2025$0$0
Q2 2025$0$0
Q1 2025$0$0
Q4 2024$0$0
Q3 2024$0$0

NAAS's free cash flow was $0 over the past year, against $0 the year before.

LCID Total Shares

Q4 2023: 208MQ1 2024: 230MQ2 2024: 231MQ3 2024: 232MQ4 2024: 245MQ1 2025: 304MQ2 2025: 306MQ3 2025: 312MQ4 2025: 313MQ1 2026: 328MQ2 2026: 382MQ3 2026: 395M
Q4 2023: 208MQ1 2024: 230MQ2 2024: 231MQ3 2024: 232MQ4 2024: 245MQ1 2025: 304MQ2 2025: 306MQ3 2025: 312MQ4 2025: 313MQ1 2026: 328MQ2 2026: 382MQ3 2026: 395M
PeriodChange %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.

NAAS Total Shares

Q3 2023: 702,995Q4 2023: 767,250Q1 2024: 783,966Q2 2024: 816,449Q3 2024: 841,770Q4 2024: 827,465
Q3 2023: 702,995Q4 2023: 767,250Q1 2024: 783,966Q2 2024: 816,449Q3 2024: 841,770Q4 2024: 827,465
PeriodChange %Net change
Quarterly-1.7%-14.3K shares
1 year+7.8%+60.2K shares
3 years+63%+319K shares
5 years+2223%+792K shares

NAAS has the edge over LCID on shareholder dilution, with a more favorable share count trend.

LCID Net Leverage

LCID's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.

NAAS Net Leverage

QuarterNet LeverageStatus
Q3 20210.2xVery low
Q2 20214.5xHigh
Q1 202119.7xHigh
Q1 20203.0xElevated
Q4 20190.5xVery low
Q3 20191.1xHealthy

NAAS's net debt is less than a year of its operating earnings (EBITDA).

LCID Weekly Momentum

MetricValueStatus
RSI32.9Neutral
Stochastic7.1Oversold

LCID's weekly RSI is 33 (neutral) and its Stochastic is 7 (oversold).

NAAS Weekly Momentum

MetricValueStatus
RSI28.9Oversold
Stochastic21.2Neutral

NAAS's weekly RSI is 29 (oversold) and its Stochastic is 21 (neutral).

LCID PE vs Consumer Cyclical Sector

LCID has no meaningful PE right now: it lost money over the past year.

NAAS PE vs Consumer Cyclical Sector

NAAS has no meaningful PE right now: it lost money over the past year.

LCID Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$3.537.9% below
20 week MA$4.8833% below
50 week MA$7.3356% below
100 week MA$15.479% below
200 week MA$31.990% below

LCID is in a downtrend: it's below all five of its weekly moving averages, and 90% below its 200-week average.

NAAS Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$2.6434% below
20 week MA$2.9842% below
50 week MA$2.8740% below
100 week MA$6.4673% below
200 week MA$478.7100% below

NAAS is in a downtrend: it's below all five of its weekly moving averages, and 100% below its 200-week average.

LCID Yearly ROI

YearStart priceEnd priceROI
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.

NAAS Yearly ROI

YearStart priceEnd priceROI
2021$6,480.0$4,240.0-35%
2022$4,240.0$1,206.4-72%
2023$1,206.4$486.4-60%
2024$486.4$32.6-93%
2025$32.6$3.50-89%
2026 YTD$3.50$1.73-51%

NAAS has the edge over LCID on returns for 2026, with the stronger performance.

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