Lucid Group, Inc. (LCID)
NASDAQ: LCID · Real-Time Price · USD
2.100
+0.040 (1.94%)
At close: Nov 22, 2024, 4:00 PM
2.090
-0.010 (-0.48%)
After-hours: Nov 22, 2024, 7:59 PM EST
Lucid Group Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Lucid Group stock have an average target of 3.30, with a low estimate of 2.00 and a high estimate of 4.50. The average target predicts an increase of 57.14% from the current stock price of 2.10.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Lucid Group stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 8 | 8 | 9 | 9 | 9 | 8 |
| Sell | 3 | 3 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $3 → $2 | Hold | Maintains | $3 → $2 | -4.76% | Nov 19, 2024 |
| RF Lafferty | RF Lafferty | Hold → Strong Buy Upgrades $4 | Hold → Strong Buy | Upgrades | $4 | +90.48% | Nov 11, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Nov 8, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $4 | Hold | Reiterates | $4 | +90.48% | Oct 8, 2024 |
| Baird | Baird | Hold Maintains $3 | Hold | Maintains | $3 | +42.86% | Oct 7, 2024 |
Financial Forecast
Revenue This Year
836.64M
from 595.27M
Increased by 40.55%
Revenue Next Year
1.64B
from 836.64M
Increased by 96.14%
EPS This Year
-1.17
from -1.36
EPS Next Year
-1.02
from -1.17
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.5B | 3.7B | 7.2B | ||
| Avg | 836.6M | 1.6B | 3.5B | ||
| Low | 680.1M | 921.2M | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 144.1% | 340.8% | 335.9% | ||
| Avg | 40.5% | 96.1% | 115.1% | ||
| Low | 14.3% | 10.1% | -17.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.10 | -0.60 | -0.32 | ||
| Avg | -1.17 | -1.02 | -0.53 | ||
| Low | -1.26 | -2.20 | -0.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.