Lucid Group, Inc.

Lucid Group, Inc. Stock Forecast & Price Prediction

Live Lucid Group, Inc. Stock (LCID) Price
$2.18

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.18

P/E Ratio

-1.61

Volume Traded Today

$84.0M

Dividend

Dividends not available for LCID

52 Week High/low

5.31/2.02

Lucid Group, Inc. Market Cap

$6.45B

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LCID Summary

Based on ratings from 0 stock analysts, the Lucid Group, Inc. stock price is expected to increase by 41.28% in 12 months. This is calculated by using the average 12-month stock price forecast for Lucid Group, Inc.. The lowest target is $1.75 and the highest is $4.18. Please note analyst price targets are not guaranteed and could be missed completely.

LCID Analyst Ratings

About 0 Wall Street analysts have assignedLCID 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Lucid Group, Inc. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on LCID. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

LCID stock forecast by analyst

These are the latest 20 analyst ratings of LCID.

Analyst/Firm

Rating

Price Target

Change

Date

Jaime Perez
RF Lafferty

Buy

$4

Upgrade

Nov 11, 2024
Chris Pierce
Needham

Hold


Reiterates

Nov 8, 2024
Andres Sheppard
Cantor Fitzgerald

Neutral

$4

Reiterates

Oct 8, 2024
Ben Kallo
Baird

Neutral

$3

Maintains

Oct 7, 2024
Andres Sheppard
Cantor Fitzgerald

Neutral

$4

Reiterates

Sep 30, 2024
Andres Sheppard
Cantor Fitzgerald

Neutral

$4

Reiterates

Sep 23, 2024
Tom Narayan
RBC Capital

Sector Perform

$3

Reiterates

Sep 12, 2024
Chris Pierce
Needham

Hold


Reiterates

Sep 11, 2024
Andres Sheppard
Cantor Fitzgerald

Neutral

$4

Reiterates

Sep 9, 2024
Andres Sheppard
Cantor Fitzgerald

Neutral

$4

Reiterates

Sep 3, 2024
Andres Sheppard
Cantor Fitzgerald

Neutral

$4

Reiterates

Aug 19, 2024
Tom Narayan
RBC Capital

Sector Perform

$3

Reiterates

Aug 16, 2024
Andres Sheppard
Cantor Fitzgerald

Neutral

$4

Upgrade

Aug 6, 2024
Chris Pierce
Needham

Hold


Reiterates

Aug 6, 2024
Andres Sheppard
Cantor Fitzgerald

Underweight

$4

Reiterates

Jul 22, 2024
Andres Sheppard
Cantor Fitzgerald

Underweight

$4

Reiterates

Jul 17, 2024
Andres Sheppard
Cantor Fitzgerald

Underweight

$4

Reiterates

Jul 15, 2024
Ben Kallo
Baird

Neutral

$3

Reiterates

Jul 8, 2024
Andres Sheppard
Cantor Fitzgerald

Underweight

$4

Reiterates

Jul 1, 2024
Stephen Gengaro
Stifel

Hold

$3

Maintains

May 8, 2024

LCID Company Information

What They Do: Designs and sells electric vehicles and powertrains.

Business Model: The company generates revenue by designing, engineering, manufacturing, and selling electric vehicles and their components directly to consumers. It also offers proprietary software for its vehicles and provides financial services to facilitate vehicle purchases.

Other Information: Founded in 2007, Lucid Group is headquartered in Newark, California, and operates as a subsidiary of Ayar Third Investment Company. The company's focus on electric vehicles positions it well within the growing EV market.
LCID
Lucid Group, Inc. (LCID)

When did it IPO

2021

Staff Count

6,500

Country

United States

Sector/Industry

Consumer Cyclical/Auto Manufacturers

CEO

Mr. Peter Dore Rawlinson

Market Cap

$6.45B

Lucid Group, Inc. (LCID) Financial Data

In 2023, LCID generated $595.3M in revenue, which was a decrease of -2.12% from the previous year. This can be seen as a signal that LCID's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$4.0M

Revenue From 2021

$27.1M

581.87 %
From Previous Year

Revenue From 2022

$608.2M

2,143.30 %
From Previous Year

Revenue From 2023

$595.3M

-2.12 %
From Previous Year
  • Revenue TTM $730.5M
  • Operating Margin TTM -385.2%
  • Gross profit TTM $-1,340,795,000
  • Return on assets TTM -21.5%
  • Return on equity TTM -64.9%
  • Profit Margin -225.2%
  • Book Value Per Share 1.15%
  • Market capitalisation $6.45B
  • Revenue for 2021 $27.1M
  • Revenue for 2022 $608.2M
  • Revenue for 2023 $595.3M
  • EPS this year (TTM) $-1.33

Lucid Group, Inc. (LCID) Latest News

News Image

Mon, 11 Nov 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Lucid's Air sedan is currently undergoing testing by a police agency, indicating potential interest in the vehicle for law enforcement use.

Why It Matters - Lucid's Air sedan gaining traction with a police agency could boost brand credibility and sales potential, signaling increased demand for luxury electric vehicles.

News Image

Mon, 11 Nov 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Shares in the electric vehicle maker are currently priced low, prompting speculation about potential investment opportunities.

Why It Matters - Low share prices may indicate a buying opportunity, potentially leading to future gains if the EV maker rebounds or grows, impacting overall market sentiment and investment strategies.

News Image

Tue, 12 Nov 2024

Sentiment - NEGATIVE

Source - The Motley Fool

Summary - Investors express concern over President-elect Donald Trump's selection for the EPA leadership position, which may impact environmental regulations and related industries.

Why It Matters - Concerns over Trump's EPA pick could signal regulatory shifts impacting environmental policies, potentially affecting sectors like energy, utilities, and manufacturing.

News Image

Mon, 11 Nov 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Lucid is increasing its pace as it prepares to launch its new model, indicating potential growth and market expansion.

Why It Matters - Lucid's acceleration and upcoming model launch could signal increased sales and market interest, potentially boosting stock performance and investor confidence.

News Image

Tue, 12 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Lucid's upcoming Gravity SUV, strong delivery growth, and backing from Saudi Arabia's PIF are expected to drive positive momentum for the company.

Why It Matters - Lucid's Gravity SUV launch, rising deliveries, and backing from Saudi Arabia's PIF signal growth potential, enhancing investor confidence and driving stock performance.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - SCI Lease Corp partners with Lucid, enhancing its portfolio with electric vehicle leasing options. This move targets consumers interested in advanced automotive leasing programs.

Why It Matters - The partnership enhances SCI Lease Corp's offerings, potentially increasing its market share and revenue from the growing electric vehicle segment, appealing to environmentally conscious consumers.

...

LCID Frequently asked questions

The highest forecasted price for LCID is $4.18 from at .

The lowest forecasted price for LCID is $1.75 from from

The LCID analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.