Lucid Group, Inc. (LCID)
NASDAQ: LCID · Real-Time Price · USD
3.020
+0.390 (14.83%)
At close: Dec 20, 2024, 4:00 PM
3.030
+0.010 (0.33%)
Pre-market: Dec 23, 2024, 8:32 AM 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 9.27% from the current stock price of 3.02.
Analyst Consensus: Hold
* Price targets were last updated on Nov 19, 2024.
Analyst Ratings
The average analyst rating for Lucid Group stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 8 | 9 | 9 | 9 | 8 | 7 |
| Sell | 3 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 10 | 10 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $3 → $2 | Hold | Maintains | $3 → $2 | -33.77% | Nov 19, 2024 |
| RF Lafferty | RF Lafferty | Hold → Strong Buy Upgrades $4 | Hold → Strong Buy | Upgrades | $4 | +32.45% | 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 | +32.45% | Oct 8, 2024 |
| Baird | Baird | Hold Maintains $3 | Hold | Maintains | $3 | -0.66% | Oct 7, 2024 |
Financial Forecast
Revenue This Year
790.21M
from 595.27M
Increased by 32.75%
Revenue Next Year
1.46B
from 790.21M
Increased by 84.89%
EPS This Year
-1.15
from -1.36
EPS Next Year
-0.96
from -1.15
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 841.5M | 2.2B | 3.9B | |||
| Avg | 790.2M | 1.5B | 3.1B | |||
| Low | 729.1M | 1.1B | 2.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 41.4% | 173.0% | 164.1% | |||
| Avg | 32.7% | 84.9% | 111.2% | |||
| Low | 22.5% | 33.6% | 45.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -1.09 | -0.80 | -0.61 | |||
| Avg | -1.15 | -0.96 | -0.82 | |||
| Low | -1.22 | -1.14 | -1.05 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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.