Lucid Group, Inc. (LCID)
NASDAQ: LCID · IEX Real-Time Price · USD
2.750
+0.110 (4.17%)
At close: Jul 2, 2024, 4:00 PM
2.740
-0.010 (-0.36%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Lucid Group Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Lucid Group stock have an average target of 3.82, with a low estimate of 2.90 and a high estimate of 5.00. The average target predicts an increase of 38.91% from the current stock price of 2.75.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Lucid Group stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 7 | 7 | 8 | 8 | 8 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Sell Reiterates $4 | Sell | Reiterates | $4 | +45.45% | Jul 1, 2024 |
| Stifel | Stifel | Hold Maintains $4 → $3 | Hold | Maintains | $4 → $3 | +9.09% | May 8, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 7, 2024 |
| Citigroup | Citigroup | Hold Initiates $2.9 | Hold | Initiates | $2.9 | +5.45% | Apr 22, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $3 | Sell | Maintains | $3 | +9.09% | Mar 25, 2024 |
Financial Forecast
Revenue This Year
752.86M
from 595.27M
Increased by 26.47%
Revenue Next Year
1.78B
from 752.86M
Increased by 136.70%
EPS This Year
-1.13
from -1.36
EPS Next Year
-0.98
from -1.13
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 907.6M | 3.2B | 5.4B | 8.0B | 11.3B |
| Avg | 752.9M | 1.8B | 3.8B | 5.9B | 8.6B |
| Low | 678.9M | 1.1B | 2.3B | 4.5B | 6.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 52.5% | 326.1% | 205.6% | 109.5% | 92.0% |
| Avg | 26.5% | 136.7% | 114.8% | 53.7% | 46.3% |
| Low | 14.1% | 52.1% | 29.9% | 17.4% | 5.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.95 | -0.58 | -0.34 | -0.18 | 0.01 |
| Avg | -1.13 | -0.98 | -0.50 | -0.27 | -0.12 |
| Low | -1.40 | -2.20 | -0.70 | -0.35 | -0.24 |
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.