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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.