Based on ratings from 7 stock analysts, the Lucid Group, Inc. stock price is expected to increase by 38.92% in 12 months. This is calculated by using the average 12-month stock price forecast for Lucid Group, Inc.. The lowest target is $1.00 and the highest is $7.00. Please note analyst price targets are not guaranteed and could be missed completely.
About 7 Wall Street analysts have assignedLCID 0 buy ratings, 6 hold ratings, and 1 sell ratings. This means that analysts expect Lucid Group, Inc. to hold. 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.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
tom narayan RBC Capital | Hold | $6.0 | maintained | Jan 22, 2024 |
jaime perez R.F. Lafferty | Hold | $5.0 | maintained | Jan 16, 2024 |
andres sheppard Cantor Fitzgerald | Hold | $6.0 | maintained | Jan 11, 2024 |
garrett nelson CFRA | Sell | $1.0 | downgraded | Jan 11, 2024 |
ben kallo Robert W. Baird | Hold | $6.0 | reiterated | Jan 11, 2024 |
john murphy Bank of America Securities | Hold | $7.0 | maintained | Dec 6, 2023 |
stephen gengaro Stifel Nicolaus | Hold | $5.0 | initiatedcoverage | Dec 6, 2023 |
chris pierce Needham | Hold | None | downgraded | Nov 27, 2023 |
itay michaeli Citi | Hold | $4.7 | maintained | Oct 31, 2023 |
james picariello Exane BNP Paribas | Sell | $5.0 | downgraded | Aug 11, 2023 |
adam jonas Morgan Stanley | Sell | $5.0 | maintained | Mar 29, 2023 |
steven fox Fox Advisors | Buy | None | initiatedcoverage | Mar 27, 2023 |
chris mcnally Evercore ISI | Hold | $8.0 | maintained | Feb 23, 2023 |
vikram bagri Needham | Sell | None | maintained | Nov 9, 2022 |
dexter kin sung chun DBS | Sell | $13.2 | maintained | Nov 4, 2022 |
charles coldicott Redburn Partners | Hold | None | initiatedcoverage | Jan 11, 2022 |
ali faghri Guggenheim | Hold | $38.0 | initiatedcoverage | Dec 20, 2021 |
Lucid Group, Inc. a technology and automotive company, engages in electric vehicle technologies business. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California. Lucid Group, Inc. operates as a subsidiary of Ayar Third Investment Company.
When did it IPO
0
Staff Count
7,200
Country
United States
Sector/Industry
Consumer Cyclical/Auto Manufacturers
CEO
Mr. Peter Dore Rawlinson
Market Cap
$8.49B
In 2023, LCID generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that LCID's business is growing, and its share price could be worth more 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 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
CHRW-USD
$73.65
NTRA-USD
$70.01
OLED-USD
$181.76
DBX-USD
$23.86
LBRDK-USD
$60.87
LBRDA-USD
$61.37