LCID - Lucid Group - Stock Forecast

Consumer Cyclical - Sector
Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

LCID is currently covered by 11 analysts with an average price target of $2.96. This is a potential upside of $0.41 (16.08%) from yesterday's end of day stock price of $2.55.

Lucid Group's activity chart (see below) currently has 21 price targets and 66 ratings on display. The stock rating distribution of LCID is 36.73% HOLD, 42.86% BUY and 20.41% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 44.34% with an average time for these price targets to be met of 45 days.

Highest price target for LCID is $5, Lowest price target is $1, average price target is $2.96.

Most recent stock forecast was given by ITAY MICHAELI from CITI on 22-Apr-2024. First documented stock forecast 09-Sep-2021.

What is Lucid Group?

Lucid Group is a technology and automotive company that specializes in electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems.

What made Lucid Group famous?

Lucid Group has become well-known for its innovative approach to electric vehicle technology, particularly in the luxury car market.

Lucid Group has secured substantial investments from major companies such as Saudi Arabia’s Public Investment Fund.

What are the products or services of Lucid Group?

  • Lucid Air – the company’s flagship electric vehicle, which offers luxury features and advanced technology. It has a range of up to 520 miles on a single charge and can accelerate from 0 to 60 mph in under 2.5 seconds.
  • EV Powertrains
  • Battery Systems
  • Energy Storage Systems – lithium-ion battery technology based for residential, commercial, and utility-scale applications.
  • Charging Solutions

History

Lucid Group was founded in 2007 by entrepreneur Sam Weng.

Currently out of the existing stock ratings of LCID, 18 are a HOLD (36.73%), 21 are a BUY (42.86%), 10 are a SELL (20.41%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Hold

2.9

$0.35 (13.73%)

7.5

3 days ago

2/11 (18.18%)

$0.52 (21.85%)

28

Hold

2.9

$0.35 (13.73%)

3 days ago

1/4 (25%)

$0.52 (21.85%)

36

Sell

3

$0.45 (17.65%)

4

1 months ago

12/13 (92.31%)

$0.08 (2.74%)

223

Hold

4

$1.45 (56.86%)

5

1 months 30 days ago

1/2 (50%)

$0.85 (26.98%)

7

Hold

4.5

$1.95 (76.47%)

8

2 months 3 days ago

1/7 (14.29%)

$1.42 (46.10%)

63

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What is LCID (Lucid Group) average time for price targets to be met?

On average it took 45 days on average for the stock forecasts to be realized with a an average price target met ratio 44.34

Which analyst has the current highest performing score on LCID (Lucid Group) with a proven track record?

ADAM JONAS

Which analyst has the most public recommendations on LCID (Lucid Group)?

Adam Jonas works at MORGAN STANLEY and has 17 price targets and 9 ratings on LCID

Which analyst is the currently most bullish on LCID (Lucid Group)?

Chris Mcnally with highest potential upside - $6.41

Which analyst is the currently most reserved on LCID (Lucid Group)?

Garrett Nelson with lowest potential downside - -$1.55

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