Lucid increased its cash reserves to nearly $7 billion following a convertible debt offering of more than $1.75 billion in December, but it also posted a net loss of $1.5 billion ($3.7 billion after including the issuance of $2.2 billion in preferred convertible stock) in the first nine months of 2021. On Monday, he and CFO Sherry House both indicated that Lucids recent stock surge is a sign that Wall Street is already starting to see the company as more like Tesla than a typical automaker. Therefore, investors should be circumspect about taking managment's projections at face value, considering an investment with caution and weighting the risks accordingly. The Air won Motor Trend's 2022 Car of the Year, the first time a new car model earned the award. Besides potential customers, investors have also taken notice of Lucid, so let's look down the road to see what it expects over the next few years. Copyright NIO Inc. is a pioneer in China's premium electric vehicle market. For one, while production may be set to ramp up, its unclear whether there is sufficient demand for Lucid to sell into. According to Edmunds: The Lucid Air is a praiseworthy first effort from a new automaker, thanks in large part to its Tesla-beating range, otherworldly acceleration and head-turning exterior design. Moreover, NIO (NIO) and XPeng (XPEV) stock are trading at 4.2x and 4.4x, respectively. says. But, Tesla has an annualized run rate of 1M. On Tuesday, the two most popular stocks purchased by Fidelity customers were Lucid and Rivian, the latter of which recently went public. Of course, . Its part of Saudi Vision 2030, whereby the kingdom is looking to bring active changes in transportation and technologies through sustainable measures. 5 Hypergrowth Stocks With 10X Potential in 2023, Lucids reservation figures have been trending lower, Even if Block Beats on Earnings, Stay Away From SQ Stock, Louis Navellier and the InvestorPlace Research Staff, Rare Stock Indicators Show the Market Is About to Skyrocket, 3 Stocks to Buy Before They Become the Next Trillion-Dollar Companies, Ideanomics (IDEX) Stock Surges 90% Ahead of Possible Delisting, 7 High-Yield Dividend Stocks to Buy and Hold Forever, The 7 Best Dividend Stocks to Buy for May 2023, Stock Market Crash Alert: Mark Your Calendars for May 3. 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lucid Group in the last year. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. (from Lucid's FQ3'21 earnings call). Where Will Lucid Motors Be in 5 Years? | The Motley Fool In fact, Ive been bullish on this company for a while. Learn More. Now we're planning as a default to do that in-house, and we're building the team. 8 analysts have issued 12-month price targets for Lucid Group's shares. After a 40% Drop, Analysts Remain Bullish on Impinj, Visa Charges Higher After Better-Than-Expected Q2 Report, onsemi Puts A Bottom in Chip Stocks, Heads For New Highs, Checkpoint Software Leads Cyber-Security Stocks. Sign-up to receive the latest news and ratings for Lucid Group and its competitors with MarketBeat's FREE daily newsletter. While Tesla was in third place. Lucid also plans to continue its international expansion, which kicked off in Canada in late 2021. 5 Hypergrowth Stocks With 10X Potential in 2023, Q1 Earnings Is Giving Stocks the All-Clear, Rare Stock Indicators Show the Market Is About to Skyrocket, One Chart That Indicates This Bear Market Is Ending, The Forever Battery That Promises to Change the EV Industry, 3 Superior Hydrogen Stocks to Buy for the $11 Trillion Breakout. But that's easier said than done when the world's top automakers are still struggling with chip shortages and supply chain issues. The P/E ratio of Lucid Group is -6.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. It seems like their software strategy has not been moving in sync with its advances in powertrain and battery. Invest better with The Motley Fool. Scott Levine has no position in any of the stocks mentioned. Earning this coveted distinction for Lucid Air, our very first car, is a resounding endorsement of our ability to deliver the most advanced EVs in the world., The world has changed dramatically from the time we first announced Lucid Air pricing in September 2020, but I want to reassure our existing reservation holders that we will be honouring current pricing for them as well as for any new reservations made before the end of the month. How many times does Coca Cola pay dividends? Over the next several years, capex spending is expected to taper off, ending with the company spending $573 million on capex in 2026. Social Security Cuts May Be Coming. That means LCID stock will outperform TSLA. See:https://seekingalpha.com/article/4578688-seeking-alpha-contributor-community-2022-by-the-numbers. Lucid hopes to undercut Tesla with its Air Pure base version, capable of driving 406 miles and priced at just $77,400 excluding a $7,500 federal tax credit. It appears highly unlikely this EV maker will come even close to hitting past lofty projections such as six-figure vehicle sales volume by 2025. I was the Battalion Second-in-command of an Armored Regiment. Pessimistic target level: 8.14. Now, the tough part comes as it begins volume production and schedule for deliveries. Its Air Dream stands alone as the best performance EV in the market. As a former Tesla executive, Rawlinson often compares Lucid to his old company when discussing in-house technologies and the future of electric cars. Lucid Group has a P/B Ratio of 3.08. In conclusion, we tried our best to answer about what will lucid stock be worth in 5 years. Lucid Motors teased an electric SUV concept in September 2020 called Project Gravity, featuring an image and brief video clip. Lucid Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Worse yet, continued unprofitability could have a negative impact on the stock. Given recent news out of the company, this makes sense. Insider reported (edited): A former Lucid employee said that Rawlinson wants to do "in two years in software what Tesla has done in 13. Lucid Stock Price Prediction 2025 | Will it Drop. But as you know, I'm very open here in Silicon Valley to potential partnerships in terms of the software. The vehicle . Social Security Cuts May Be Coming. Should you keep money in the bank during recession? But sometimes, even great things must come to an end. The company posted a record FQ3 in deliveries, while their legacy OEM peers pointed to supply chain bottlenecks. The company strongly believes that it's a technology company and competitor. On the date of publication, Thomas Nieldid not hold (either directly or indirectly) any positions in the securities mentioned in this article. That implies a fair price for CCIV stock of over $60. To make the world smarter, happier, and richer. The company shouldn't leave it to investors to do the modeling solely by themselves. The company reported ($0.40) EPS for the quarter, missing the consensus estimate of ($0.39) by $0.01. When Will Lucid Stock Reach $1000? Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. But many of those same EV stocks have seen their prices crash in recent months as rising interest rates drive investors away from speculative investments not yet operating at a profit. Where Will Lucid Motors Be in 5 Years? | InvestorPlace If we're going autonomous, and we've interviewed both Rivian and Lucid. Lucid Group has stated that it believes in concentrating efforts on increasing the miles/kWh over reducing battery costs. By January 2027, 5 years from now, Wallet Investors projected stock price for LCID was in the range of $57.511 to $58.461. When it comes to the current state of the company and the growth trajectory its on, frankly, thats all we have to look forward to. As a technology-based company, were seen as having a platform that can be applied to a wide range of vehicles as well as sustainable technologies. It means that we will be able to provide a car, which is competitive with range, at 300 miles, 400 miles. That growth trajectory would be comparable to Tesla's. (1.25%) $4.08. Why Is SoFi Stock Down After Earnings? We have no experience to date in high volume manufacture of our vehicles. Lucid Group (NASDAQ:LCID) has a market capitalization of $13.40 billion and generates $608.18 million in revenue each year. The total average for the year might be $426.48. In the same quarter last year, Lucid Group's revenue was $334.00 thousand. Trading and Investing involve high risk, please consult your financial advisor before making any decision and moneystreet.us will take no responsibility for the consequences. Additionally, the Russian invasion of Ukraine has further caused a dip in its stock performance owing to an uncertain macro environment. Lucid plans to increase its annualized production run rate from 20K by 2022 to 500K by 2030. Since then, changing economic and stock market conditions, coupled with company-specific challenges, have pushed LCID down to sub-$10 per share prices. See what's happening in the market right now with MarketBeat's real-time news feed. The Value Of Lucid Can Reach $127 USD In The Next 5 Years. Having said that, achieving triple-digit sales growth may not be enough to drive a comeback for LCID shares. I graduated as the Distinguished Honor Graduate from the Armor Officers' Advanced Course as I finished first in my cohort of Armor officers. Lucid Motors has joined McLaren Applied Technologies and Sony to develop Formula E specifications. April 13, 2023|markets.businessinsider.com. Today's Change. (from Lucid's FQ3'21 earnings call). This dilution could limit future potential returns. Unlock the key insights to growth investing with JR Research - led by founder and lead writer JR. Our dedicated team is focused on providing you with the clarity you need to make confident investment decisions. We believe that Lucid is still very early in its EV market opportunity, even though it seems like a latecomer. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Lucid Motors stands out for its groundbreaking technological innovation, vertical integration and clean-sheet approach to engineering and design. According to Forbes, the billionaire had amassed a fortune worth an estimated $5.8 billion. The firm has attracted investments from Tsing Capital, Mitsui, Venrock, and JAFCO. What Will Lucid Stock Be Worth In 5 Years - Expert's Opinion By January 2027, 5 years from now, Wallet Investor's projected stock price for LCID was in the range of $57.511 to $58.461. This is a big win for Lucid. Those stores will be busier than Teslas. The star figured prominently in the Dominion lawsuit. Where Will Netflix's Stock Be in 5 Years? | The Motley Fool If you are looking for stocks with good return, Lucid Group Inc. Based on our forecasts, a long-term increase is expected, the "LCID" stock price prognosis for 2027-02-01 is 128.398 USD. Therefore, investors should expect Lucid to remain unprofitable as its debt levels climb over the next few years. I wrote this article myself, and it expresses my own opinions. In addition, the company's last-twelve-months (LTM) production run rate has increased tremendously. But, we will probably only have a better idea over the next five years. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. Remember the '80s? Its becoming clear that Lucid Motors is providing stiff competition for Tesla, especially in the premium, luxury channel. The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in. Lucid believes it can generate approximately $2.2 billion in revenue this year by shipping 20,000 vehicles. Another EV Start-up Has Cash, Production Problems. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. As compared to its peers, LCID's valuation looks very expensive. For all intents and purpose, in five years, Lucid will be where Tesla was around 2019 or 2020. Supply chain challenges and chip shortages have also contributed to the drop in enthusiasm for these companies, many of which had been richly valued. American Consumer News, LLC dba MarketBeat 2010-2023. How many years before taxes are forgiven? Fundamentally, we are constructive on the Lucid story and its position in the EV/car of the future theme., The difference between trading assets and CFDs. Investors, however, are likely more interested in where the rubber meets the road: the company's financial projections. Lucid is entering the saturated EV market at a much higher price point than Tesla, so its total addressable market could actually be much smaller. Lucid Motors will be selling hundreds of thousands of cars a year, at super-high price points, with extremely favorable margins. It was all according to plan. Making use of vertically integrated production processes, the company manufactures its own electric motors, battery packs and transmission systems. Compare Top Brokerages Here. Rawlinson emphasized (edited): We're using our extraordinary efficiency to achieve range to create a technological tool to force to define the brand as a range king. Lucid Net Worth 2023 | US Stock: LCID Lucid Group, Inc. has completed a Follow-on Equity Offering in the amount of $600 million. Shares of LCDX can be purchased through any online brokerage account. The products and services listed on this website are not available to US residents. Several electric vehicle (EV)-related companies went public in 2021 through mergers with special purpose acquisition companies (SPACs). Is United Airlines Playing a Game of Limbo with Its Guidance? Peter Rawlinson, CEO and CTO of Lucid Group, commented on the companys win: Following the success of its first vehicle, Lucid Group announced its luxury SUV EV line up called Project Gravity. With management espousing such an auspicious view of the future, does this mean that EV investors should drive off with an investment and park the stock in their portfolios? After all, even if it fails to become the next Tesla, further expansion over the next five years could send it to the moon again, right? The minister of investment of Saudi Arabia, Khalid Al-Falih, commented on the agreement: Aiming to solidify Lucid Groups position as a global EV brand, the company is looking to expand operations into Europe. This means it may be maxing out its underlying tech. Lucid stock price . Is SoFi Stock a Buy Now? That would represent an incredible 49.5% CAGR over eight years. In 2026, Lucid expects to generate $22.8 billion in revenue by delivering about 251,000 vehicles, including 42,000 sedans, 134,000 SUVs, and 75,000 new models. Is Lucid Motors Stock A Buy Right Now After Earnings Results? Also Read: Lucid Stock Price Prediction 2025, 2030, 2022, 2040, 2050. Admittedly, its up in the air where exactly Lucid Group will be five years out. But, it has proven that its in-house powertrain and battery technology are among the best globally. I am not receiving compensation for it (other than from Seeking Alpha). On average, they predict the company's stock price to reach $10.58 in the next year. Second, its Lucid Air sedan can travel up to 520 miles on a single charge, beating the Tesla's Model S Long Range by over 100 miles. According to Lucid AI-based technical analysis, the stock price dollar can reach $1000 in years 2044-45 (Forecast may change due to future data changes.) LCID Stock Forecast - What Will Lucid Stock Be Worth in 5 Years Hailing from Silicon Valley, the global centre for technology and innovation, electric vehicle (EV) manufacturer Lucid Group (LCID) was founded in 2007. Long-term forecasts are based on making fundamental and technical studies of the stocks performance. The company can be reached via phone at 510-648-3553 or via email at investor@lucidmotors.com. Past profits do not guarantee future profits. Despite a market cap of nearly $70 billion, its earnings per share (EPS) is -306.76. Instead . And if those gains are as large as we expect, LCID stock will power much higher. What Will Lucid Stock Be Worth In 5 Years. Tesla (TSLA) has been the industry leader for years. Retail traders have long been drawn to EV stocks, and several have gone public with a blank-check vehicle known as a SPAC - a move that attracts even more retail traders. In a 10 May press release, it announced its first European retail location would be initiated in Munich, Germany. Lucid at current prices sports a $16 billion market cap, against trailing 12 month losses of around $1.9 billion, and a tangible book value of $3.2 billion. Analysts LCID stock price target ranged from $12 to $45, averaging at $31. According to analysts' consensus price target of $10.58, Lucid Group has a forecasted upside of 44.6% from its current price of $7.32. Lucid Group does not currently pay a dividend. The company earns $-1,304,460,000.00 in net income (profit) each year or ($1.06) on an earnings per share basis. While that battle has waned, a new one seems to be rising: one involving electric vehicles (EVs). With a $711 billion market capitalization, Tesla is priced to dominate the EV market for the foreseeable future. But with a market cap of nearly $75 billion, Lucid's stock is already priced for . The long-term earning potential is +7.44% in one year. And by the end of 2020, Tesla was worth $650 billion. Price as of April 28, 2023, 4:00 p.m. Lucid Groups cash used in operating activities grew by 126% to account for costs associated with phase-2 of its EV production facility. One share of LCID stock can currently be purchased for approximately $7.32. Learn More. Experts have given varied opinions on the future of the Lucid stock, with some predicting it could reach $66 in 2023 and $100 in 2024. No part of the website content that we provide should considered as financial advice, legal advice or any other form of advice meant for your investment. The outlook for the future price of Lucid stock is positive, with the company having made $24 billion in earnings and consistently increasing revenue in the past year. Lucid Group, Inc. ( NASDAQ: LCID) announced an $8 billion universal shelf prospectus filing on Monday (August 29 th) after market close. As an early-stage company, there's a tremendous amount of uncertainty over its production capability right now. Q. Ans. At what age can you collect Social Security? 326 E 8th St #105, Sioux Falls, SD 57103 It's a distinction that CEO Peter Rawlinson has envisioned from the start to build the "best car in the world." And thats great news for other companies but not for Tesla. Rivian Stock Price Prediction 2025 | What To Expect? Both models tied in terms of pricing and value, interior and tech. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. To make the world smarter, happier, and richer. Lucid Group has received a consensus rating of Hold. Assembly of the company's first production model, the Lucid Air, will occur at the newly built factory in Arizona in the second half of 2021. Invest better with The Motley Fool. Not quite. Tesla's annual shipments rose from 22,477 vehicles in 2013 to 499,550 vehicles in 2020. On Thursday, LCID shares skidded around 4%, trading around 22.06. See; the worlds largest company Apple(AAPL) is about to enter the EV game. Different trading strategies will suit different investment goals with short or long-term focus. He added (edited): We use that technological advance as a commercial enabler. The Motley Fool has a disclosure policy. Always do your own research. Thomas Niel, contributor for InvestorPlace.com, has been writing single-stock analysis for web-based publications since 2016. With a capacity to manufacture 155,000 EV units, this world-class facility would be built through financial support and incentives up to $3.4bn over the next 15 years, backed by the government of Saudi Arabia. Lucid Stock's $8 Billion Shelf Filing - Should You Be Concerned? Competition continues to ramp up with upstart EV manufacturers as well as legacy automakers that are shifting gears and committing to more EV-heavy product lineups. Lucid Group Stock Forecast 05-05-2023. Lucid Group Stock Forecast: down to 0.000000596 USD VP of Accounting & Internal Controls and Principal Accounting Officer. quotes delayed at least 15 minutes, all others at least 20 minutes. If you have an ad-blocker enabled you may be blocked from proceeding. Given Lucid's 2030 target of 500K units, it may be unreasonable to assume similar levels of gross margins. Neither is interested, at least for now in pursuing autonomous. And theyll be nicer and fancier, too. CEO Peter Rawlinson said in a phone interview Monday night that there is still a long way to go for electric car start-ups market value to surpass that of traditional manufacturers and eventually be valued more like Tesla. It may result in additional dilutive capital raises, like the $1.5 billion offering completed in late December. This suggests a possible upside of 33.3% from the stock's current price. It continues to prove itself and why we should all be fans of LCID stock. And the best part? The Final Word on Lucid. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Even though Lucids market value is still a long way from surpassing Teslas $1 trillion this year. Lucid Group Inc real time quote is equal to 7.000 USD at 2023-04-25, but your current investment may be devalued in the future. Optimistic target level: 8.36. If so, the Apple Car could be bigger than the iPhone, iPad, Mac, and Apple Watch put together. On 26 April, the EV maker reported a formal pledge undertaken by the Saudi Arabian government to purchase Lucid Air and future models, with an initial commitment to purchase 50,000 vehicles and an option for another 50,000. That big jump indicates it can hit its target of 20,000 shipments in 2022, as long as it secures enough components and avoids any production bottlenecks. Real-time analyst ratings, insider transactions, earnings data, and more. What is Lucid Group's stock price forecast for 2023? Lucid Group Delivers 1,406 Vehicles In Q1, view top-rated stocks among Wall Street analysts, Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), iShares Self-Driving EV and Tech ETF (IDRV), Global X Lithium & Battery Tech ETF (LIT), Fidelity Electric Vehicles and Future Transportation ETF (FDRV), 640 FIFTH AVENUE 12TH FLOOR, NEW YORK NY, 10019. Otherwise, investors would have to rely a lot on speculation and conjecture when considering Lucid's autonomous driving capabilities. Phase-2 of its Casa Grande facility operations is currently underway. Over the next five years, Lucid foresees considerable growth in production, including the introduction of an SUV, Project Gravity, in 2023. Is it 30% like Tesla? He went on to say that when you look at the current state of the company and where its headed, thats really all we have to be excited about. As a technology company, we have a platform that can be used across a broad range of industries, from vehicles to sustainable energy.. This estimate is a 105.85% increase from the current price of 18.89. In terms of cash flow, Lucid expects that it will allocate $1.9 billion for capital expenditures (capex) in 2023 -- the highest amount over the next five years -- presumably to prepare for the production of its SUV that's planned for that year. Despite Its Falling 92%, Cathie Wood Is Buying More of This Growth Stock. View institutional ownership trends. The ascent of Tesla and the leading Chinese EV makers has a lot to do with their brands and the growing EV adoption observed in China (#1 EV market) and Europe (#2 EV market). Where Tesla stands to lose a lot of market share, we think Lucid can step in and dominate. Lucid Group trades on the NASDAQ under the ticker symbol "LCID.". Join thousands of other investors who make better investing decisions with our premium tools. If it takes a couple of days for a model to train. It was so impressive that even Volkswagen AG (OTCPK:VWAGY) Chairman Herbert Diess also applauded Tesla for its software capability. The market has evolved, and Lucid has the advantage of being a latecomer as well. Lucid believes it can generate approximately $2.2 billion in revenue this year by shipping 20,000 vehicles. On 18 May, Lucid Group hosted a signing event for the construction of its first-ever international production factory in Saudi Arabia. And when Tesla released its Model S Plaid, there were no mic drop moments. That would represent an incredible 49.5% CAGR over eight years. Impressive. We, . Tesla Continues to Defy Expectations, Is it Buyable Again? Given the lack of that experience on the software side definitely held the company back." Score: 4.5/5 ( 1 votes ) The LCID ("LCID" ) future stock price will be 119.160 USD in 5 years. View analysts price targets for LCID or view top-rated stocks among Wall Street analysts. Top institutional investors include Simplex Trading LLC (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.07%), IMC Chicago LLC (0.00%), SG Americas Securities LLC (0.04%), State of New Jersey Common Pension Fund D (0.02%) and abrdn plc (0.02%). Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article. Furthermore, we have only released one commercially available vehicle, and we have no experience manufacturing or selling a commercial product at scale. 1 Total contract value: $41.2 million, signing bonus: $26.9 million Lucid Group's stock was trading at $6.83 at the beginning of 2023. Since Lucid only started deliveries of the Air at the end of October, it shouldn't come as a surprise that the company isn't profitable yet. NFL Draft 2023: How much each first-round pick will be paid A game plan for the next six to 12 months? The stock price is great, House said in an interview with CNBC. And by the end of 2020, Tesla was worth $650 billion. Source: Around the World Photos / Shutterstock.com, [Editors note: Where Will Lucid Motors Be in 5 Years? was previously published in June 2021. Our daily ratings and market update email newsletter. The firm designs, creates and builds energy storage systems for electric vehicles and supplies other automakers with the vehicle platform needed to power plug-in, hybrid and electric vehicles. Sign up now for a Risk-Free 14-Day free trial! Lucid has made a splash as the first electric vehicle to receive an EPA range estimate of more than 500 miles. The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023. Seeking Alpha features JR Research as one of its Top Analysts to Follow for Technology, Software, and the Internet. How can I listen to Lucid Group's earnings call? And that makes Lucids job much easier. Readers can easily observe the scale of Tesla's automotive gross margins (ex-credits) at an annualized run rate of 1M. Hbar Price Prediction 2025 | Will Hedera Hit $0.20 Mark? On December 19, 2022, Lucid Group Inc. closed a $1.5 billion funding round, including Saudi Arabia's Public Investment Fund's purchase of nearly 86 million company shares. If it doesnt, the stock will fall. The official website for the company is iv.churchillcapitalcorp.com. Similar to Tesla's approach, Lucid expects to transition from only selling luxury vehicles to also offering more-affordable models, which it expects to introduce in 2025. Shares of Lucid Motors are more than 50% off their 52-week high and not at a proper buy point, so the stock is not a buy right now. Lucid plans to increase its annualized production run rate from 20K by 2022 to 500K by 2030. 4 in which I argued LCID stock is worth $42.87 per share. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Giga Shanghai has played a critical role in Tesla's global expansion plans. Judging by the success of the iPhone, iPad, Mac, and Apple Watch, it seems very probable that the Apple Car is a huge hit. You should do your own research. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. That would mean Teslas max point is below Lucids. Though the Model S ultimately beat out the newcomer, it was only by an incredibly slim margin. On Nov 15, 2021, Lucid Group (NASDAQ: LCID) reported Q3 2021 revenue of $232.00 thousand up 30.54% year over year. Itay Michaeli, from Citi Group, set a $57 price target on LCID stock, saying: Bank of America analyst John Murphy tagged Lucid Motors as a combination of Tesla and Ferrari and had stock expectations of $30 on LCID.
Italian Sausage And Ground Beef Recipes,
Opposite Day Clothing Ideas,
Ethiopian Easter 2022,
Where Is Joel Grimmette Today,
Articles W
what will lucid stock be worth in 5 years