Welcome to our in-depth analysis of Lucid stock price prediction for the years 2023, 2025, 2030, 2040, and 2050.
Today, we will explore the estimated Lucid stock price prediction for the years 2023 to 2050. We will use our research and the company’s growth prospects to make a prediction.
By the end of this, you will have a better understanding of the expected Lucid stock price prediction.
Additionally, we will also consider analyst recommendations from various brokerage firms, including target price ranges, average ratings, and key takeaways.
Overview of Lucid
Name | Lucid Group, Inc. |
Symbol | LCID |
Industry | Automotive |
Type | Public |
Founded | 2007 |
Founders | Bernard Tse, Sam Weng, and Sheaupyng Lin |
Employees | 7,200 (2022) |
CEO | Peter Rawlinson |
Headquarters | Newark, California, United States |
Country | United States |
Website | lucidmotors.com |
Profile | Lucid Motors |
Competitors | Rivian |
History of Lucid Motors
Lucid Motors, founded in 2007 by Sam Weng and initially named Atieva,” focused on battery technology before pivoting to electric vehicle manufacturing.
In 2016, they rebranded as Lucid Motors and shifted their vision towards producing luxury EVs.
The company’s flagship vehicle, the Lucid Air, was unveiled in 2016, showcasing advancements in range, performance, and design.
Lucid’s ambition is to shape the future of sustainable transportation with its electric luxury vehicles.
Stock Name | Lucid Group, Inc. |
---|---|
Founded In | 2007 |
Headquarters | Newark |
Ticker Symbol | LCID |
Country | USA (NASDAQ) |
Market Cap | $14.038 Billion |
Revenue | $608.181 Million |
Lucid Stock Price Live Chart (LCID)
Lucid Fundamental Analysis (LCID)
Valuation
Market capitalization | $14.038 billion |
Enterprise value (MRQ) | $10.293 billion |
Enterprise value/EBITDA (TTM) | N/A |
Total shares outstanding | 2.283 billion |
Number of employees | 7,200 |
Number of shareholders | 200 |
Price to earnings ratio (TTM) | N/A |
Price to revenue ratio (TTM) | 15.2799 |
Price to book (FY) | 2.5318 |
Price to sales (FY) | 16.7605 |
Price History
Average Volume (10 day) | Average Volume (10 days) |
1-Year Beta | 2.1823 |
52-Week High | 17.8100 |
52-Week Low | 5.4600 |
Income Statement
Basic EPS (FY) | -0.7772 |
Basic EPS (TTM) | -1.4174 |
EPS Diluted (FY) | -1.5111 |
Net Income (FY) | -$1.304B |
EBITDA (TTM) | -$2.789B |
Gross Profit (MRQ) | -$404.931M |
Gross Profit (FY) | -$1.038B |
Last Year Revenue (FY) | $608.181M |
Total Revenue (FY) | $608.181M |
Free Cash Flow (TTM) | -$3.725B |
Lucid Stock Price Prediction and Forecast
Year | Minimum Price | Maximum Price |
---|---|---|
2023 | $7.45 | $17.56 |
2024 | $26.08 | $49.99 |
2025 | $42.34 | $71.99 |
2026 | $56.12 | $79.93 |
2027 | $94.19 | $100.13 |
2028 | $111.07 | $120.79 |
2029 | $131.14 | $150.55 |
2030 | $164.86 | $181.13 |
2035 | $306.02 | $323.64 |
2040 | $403.31 | $449.65 |
2050 | $721.61 | $783.90 |
Lucid Stock Price Prediction 2023
YEAR | Lucid Stock Price Prediction (LCID) |
---|---|
2023 | $7.45 to $17.56 |
Lucid Stock Price Prediction 2024
YEAR | Lucid Stock Price Prediction (LCID) |
---|---|
2024 | $26.08 to $49.99 |
Lucid Stock Price Prediction 2025
YEAR | Lucid Stock Price Prediction (LCID) |
---|---|
2025 | $42.34 to $71.99 |
Lucid Stock Price Prediction 2026
YEAR | Lucid Stock Price Prediction (LCID) |
---|---|
2026 | $56.12 to $79.93 |
Lucid Stock Price Prediction 2027
YEAR | Lucid Stock Price Prediction (LCID) |
---|---|
2027 | $94.19 to $100.13 |
Lucid Stock Price Prediction 2028
YEAR | Lucid Stock Price Prediction (LCID) |
---|---|
2028 | $111.07 to $120.79 |
Lucid Stock Price Prediction 2029
YEAR | Lucid Stock Price Prediction (LCID) |
---|---|
2029 | $131.14 to $150.55 |
Lucid Stock Price Prediction 2030
YEAR | Lucid Stock Price Prediction (LCID) |
---|---|
2030 | $164.86 to $181.13 |
Lucid Stock Price Prediction 2035
YEAR | Lucid Stock Price Prediction (LCID) |
---|---|
2035 | $306.02 to $323.64 |
Lucid Stock Price Prediction 2040
YEAR | Lucid Stock Price Prediction (LCID) |
---|---|
2040 | $403.31 to $494.65 |
Lucid Stock Price Prediction 2050
YEAR | Lucid Stock Price Prediction (LCID) |
---|---|
2050 | $721.61 to $783.90 |
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Lucid (LCID) Stock Price Prediction? FAQ
Q: What is the 52-week high of Lucid Motors stock?
The highest recorded price for Lucid Motors stock in the past 52 weeks is $47.59.
Q: What is the 52-week Low of Lucid Motors Stock?
Lucid Motors stock reached a low of $8.68 during the past 52 weeks.
Q: Is Lucid Cars a good investment?
Lucid Motors has generated significant interest as an electric vehicle manufacturer. However, the suitability of any investment, including Lucid Cars, depends on various factors, including market conditions, individual investment goals, and risk tolerance. Before making any investing decisions, always consult with a financial advisor.
Q: Will Lucid Stock be like Tesla?
No, Tesla is an established company with a significant lead in the EV market, and it may be challenging for Lucid to match its production rate and car sales speed.
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Disclaimer: This “Lucid (LCID)” price prediction is for informational purposes only. It is based on the assumption of positive market sentiments and does not include any uncertainty in the company or global market conditions. It is not investment advice. You should consult with your financial advisor before making any investment decisions.
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