‘Time to Pull the Trigger,’ Says Analyst About Lucid Stock

5 days ago · But one Street analyst is now willing to take that risk.Following Lucid’s better-than-expected Q3 readout, R.F. Lafferty’s Jaime Perez has raised his rating on Lucid shares from Hold (i.e ...

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$1.67
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Where Will Lucid Be In 1 Year? - The Motley Fool

1 week from now

4 days ago · The company recently had to raise an additional $1.67 billion. Lucid isn't producing enough vehicles and is burning through cash. The company is unlikely to change its trajectory …

fool.com

28%
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Lucid Stock Could Stay Grounded, Says Needham - Markets Insider

1 week from now

Nov 28, 2023 · Based on 7 Holds and 1 Sell, the analyst consensus rates the stock a Hold. That said, the $5.24 average target suggests shares will climb 28% higher over the coming months. …

businessinsider.com

$1.67
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Lucid Group, Inc. (LCID) Stock Price, Quote & News - Stock Analysis

1 week from now

3 days ago · EV-maker Lucid expects to raise $1.67 bln from stock sale. Cash-strapped electric vehicle maker Lucid said on Thursday a public offering of more than 262 million shares would …

stockanalysis.com

65%
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Lucid Group (LCID) Stock Forecast And Price Target 2024

1 week from now

3 days ago · 42.65% Upside. According to the 9 analysts' twelve-month price targets for Lucid Group, the average price target is $3.27. The highest price target for LCID is $4.50, while the …

marketbeat.com

11%
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Analyst Plug Into New Lucid Stock Price Target After Earnings, Fund ...

1 week from now

Aug 6, 2024 · Cantor Fitzgerald upgraded Lucid Group to neutral from underweight with an unchanged price target of $4. Lucid shares were up 11% in premarket trading and 3% to $3.08 …

thestreet.com

$2.22
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LCID | Lucid Group Inc. Analyst Estimates & Ratings – WSJ

1 week from now

Current Price. $2.22. Options. Research & Ratings. Notes & Data Providers. Lucid Group Inc. analyst ratings, historical stock prices, earnings estimates & actuals. LCID updated stock price …

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$6.00
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RBC Capital Reaffirms Their Hold Rating On Lucid Group (LCID)

1 week from now

Jan 24, 2024 · RBC Capital analyst Tom Narayan maintained a Hold rating on Lucid Group (LCID – Research Report) on January 22 and set a price target of $6.00.The company’s shares …

businessinsider.com

$157
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Analyst Overhauls Lucid Stock Price Target After Earnings

1 week from now

Feb 23, 2024 · Lucid reported fourth-quarter earnings of 29 cents per share on $157.2 million in sales. Analysts surveyed by FactSet expected the company to post a loss of 30 cents a share …

thestreet.com

$287
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Lucid Group: The Pros And Cons Of Investing In The Stock Right Now

1 week from now

Aug 28, 2022 · Fortune Business Insights says the global EV market is forecast to expand from $287.4 billion in 2021 up to $1.3 trillion by 2028, a compound annual growth rate (CAGR) of …

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26%
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Lucid Group (LCID) Stock Price, News & Analysis - MarketBeat

1 week from now

2 days ago · Specifically, they have bought $970,519,431.00 in company stock and sold $282,471.00 in company stock. 61.26% of the stock of Lucid Group is held by insiders. A high …

marketbeat.com

$30
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Why Lucid Group Stock Is Higher Today - The Motley Fool

1 week from now

Sep 16, 2021 · Bank of America 's well-regarded auto analyst, John Murphy, initiated coverage of Lucid with a buy rating and a price target of $30. In a Wednesday note, Murphy -- who isn't …

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FAQs about ‘Time to Pull the Trigger,’ Says Analyst About Lucid Stock Coupon?

Why did lucid Group stock drop during after-hours trading?

Shares of Lucid Group dropped during after-hours trading after the electric vehicle startup announced a public offering of nearly 262.5 million shares of its common stock. Lucid intends to use the pro... ...

Will lucid's stock continue a disappointing track record over the next year?

The company's operating loss increased to $770 million in the most recent quarter, up from $750 million in the year-ago quarter, despite Lucid's management saying they implemented cost-cutting measures. All of this means that Lucid's stock will likely continue its disappointing track record over the next year. ...

Is lucid selling more stock to raise money?

The extra cash will help Lucid keep the lights on and build its vehicles through the end of 2025. But it's not exactly an encouraging sign that the company, which just went public in 2019, is selling more stock to raise money, the result of which was share dilution for existing shareholders. ...

Does lucid group have a demand problem?

Lucid Group doesn't have a demand problem. Consumers are lining up to buy its vehicles. The company continues to generate massive losses and was recently forced to slash its full-year production guidance. Competition is only heating up in the electric vehicle arena. ...

Why did lucid raise $167 billion?

Here's why. Lucid recently announced that it was raising additional cash with a public offering of 262 million shares and a corresponding investment by Saudi Arabia's Public Investment Fund (PIF). The result is an additional $1.67 billion for the company to put toward its operations. ...

How did lucid perform in the third quarter?

In the third quarter (which ended Sept. 30), Lucid produced 1,805 vehicles -- an increase of just 16% from the year-ago quarter -- and generated $200 million from their sales, an increase of 45% year over year. Of course, it follows that if production and sales are slow, then the company's losses are probably not great either, which they aren't. ...