Stock Price Forecast
The 3 analysts offering 12-month price forecasts for Lucid Group Inc have a median target of 45.00, with a high estimate of 50.00 and a low estimate of 12.00. The median estimate represents a +107.56% increase from the last price of 21.68.
Correspondingly, What will Lucid stock be worth in 2025? Target values for the price of one Lucid Group share for Oct 2025. The weighted average target price per Lucid Group share in Oct 2025 is: 42.79.
Is Lucid a good stock to buy right now? LCID is currently valued by the market at 3.3 times consensus forward FY 2025 Enterprise Value-to-Revenue, which I deem as relatively fair. In my opinion, Lucid stock isn’t nearing a buying point yet despite the recent share price correction, which makes the stock a Hold.
Furthermore, Can Lucid stock reach $100?
Lucid Motors is in line for a huge 2022. Lucid wants to massively expand globally and could be in line for a great short squeeze soon.
Is Lucid a long-term stock?
Lucid Group Stock Could Take a Beating, But It’s a Long-Term Buy. Lucid Group (NASDAQ:LCID) stock still maintains a positive gain for the past 12 months. That’s hard to believe given the tumult stocks have been in since we entered 2022.
What will Lucid stock be worth in 5 years? The LCID (“LCID” ) future stock price will be 119.160 USD in 5 years. The long-term earning potential is +7.44% in one year. Retail traders have long been drawn to EV stocks, and several have gone public with a blank-check vehicle known as a SPAC – a move that attracts even more retail traders.
Is Lucid better than Tesla? The company is hyping up the car’s smooth ride, sleek design, and impressive technology. Their batteries have the same, maybe better quality than Teslas and will be capable of 4.5 miles per kWh, lasting longer than Tesla’s 4 miles per kWh. Lucid Air sedans will roll out sometime in 2021, so stay tuned.
What is the target price for Lucid stock? Stock Price Targets
| High | $50.00 |
|---|---|
| Median | $45.00 |
| Low | $12.00 |
| Average | $38.00 |
| Current Price | $21.01 |
Why is lucid stock so low?
It’s worth noting that Lucid has so far stated supply concerns — and not company-specific problems — as the major reason it expects low production this year. A crunch in the supply of key inputs like semiconductor chips has hit nearly every automaker hard.
What is the future of Lucid Motors? Lucid claims to have sufficient capital to keep factories operating through 2022 and meet the production goals of 20,000 cars in 2022 and 50,000 vehicles in 2023. Based on hopes for the future, investors in Lucid have endowed the company with a market capitalization that rivals that of the Ford Motor Company.
Who is Lucid Motors owned by?
CEO Peter Rawlinson leads the company
At the helm of Lucid is Peter Rawlinson, a former chief engineer of the Model S under Elon Musk, Tesla’s CEO. He left Tesla after three years, feeling frustrated and limited in his work there. Rawlinson, 64, is a mechanical engineer by training.
Will Lucid Motors be successful? With Lucid Motors being nominated for many of the top Auto Awards, Lucid is breaking records for EPA range and winning the 2021 Motor Trend Car of the Year, which broke a record for a carmaker’s first car to ever win that award. Lucid continues to rack up auto award nominations and many of them Lucid is a finalist.
Is Lucid undervalued?
Lucid Motors is significantly undervalued at $27.43.
What is Tesla stock prediction?
Stock Price Forecast
The 35 analysts offering 12-month price forecasts for Tesla Inc have a median target of 1,100.00, with a high estimate of 1,580.00 and a low estimate of 67.00. The median estimate represents a +9.50% increase from the last price of 1,004.54.
Why is Lucid stock dropping today? Shares are falling in after-hours trading because production isn’t ramping up fast enough for investors. Lucid (ticker: LCID) stock rose 10% in Monday’s regular session. That was a good day for shares considering that the S&P 500 and Dow Jones Industrial Average fell about 0.2% and 0.5%, respectively.
What is wrong with Lucid stock? Lucid Motors reported fourth-quarter and full-year results at the start of the week, which unfortunately caused the stock to drop 15% after earnings were announced. The stock of Lucid Motors fell sharply as a result of the electric-vehicle company lowering its production target for 2022.
Why is Lucid falling?
It’s the first quarter the company reported with significant sales. Posting millions of dollars in sales, however, wasn’t enough. Shares are falling in after-hours trading because production isn’t ramping up fast enough for investors. Lucid (ticker: LCID) stock rose 10% in Monday’s regular session.
How many Lucid cars have been delivered? Lucid said that 25,000 customers had placed reservations for its cars, which would translate into $2.4 billion in sales. So far the company has delivered about 300 vehicles.
How many cars will lucid produce in 2022?
cut its 2022 vehicle-production target, underscoring the twin challenges of global supply-chain snags and the transition from startup to mass production. Lucid said Monday that it expects to build 12,000 to 14,000 of its luxury Air sedans this year, down from a previous estimate of 20,000 vehicles.
Where will Lucid Motors be in 5 years? The 5 Year Outlook for Lucid Motors
Sales of cars in the Middle East are also expected in 2022. With a factory in Saudi Arabia coming by 2026. The location of that factory has been rumored to be Jeddah.
How far can Lucid stock go?
16, the company said its Lucid Air sedan received an EPA Rating of 520 miles of range. The Lucid Air beats the Tesla Model S Long Range by more than 100 miles.
Does Saudi Arabia own Lucid? Saudi Arabia’s Lucid Motors stake is more valuable than the rest of its US stocks combined. The country’s Public Investment Fund owns Lucid shares worth about $46 billion today.
Can you buy Lucid Motors stocks? Invest in Lucid Motors on Stash
Stash allows you to purchase smaller pieces of investments, called fractional shares, rather than having to pay the full price for a whole share. , you can buy Lucid Motors stock in any dollar amount, or any other fund or stock you know on Stash.
Are Lucid Motors profitable?
The Company’s Q4 revenue was $26.4 million , including $21.3 million from initial deliveries of its innovative Lucid Air Dream Edition, which began in October. Lucid delivered 125 cars to customers in the fourth quarter, with total production exceeding 400 vehicles to date and over 300 deliveries to customers.
How many cars has lucid sold so far?
Lucid said that 25,000 customers had placed reservations for its cars, which would translate into $2.4 billion in sales. So far the company has delivered about 300 vehicles.
Is Lucid Motors making money? Lucid Motors Earnings
Lucid lost 64 cents a share on revenue of $36.7 million. The company also updated 2022 production guidance. It’s now forecasting 12,000-14,000 vehicles, vs. 20,000 earlier.