
Lucid Group (LCID) Stock Forecast & Price Target
Lucid Group (LCID) Analyst Ratings
Bulls say
Lucid Group Inc. is anticipated to unlock profitability by 2026, driven by the introduction of a lower-cost midsize platform and potential licensing agreements, which are projected to enhance gross margins. The company's long-term sales volume goal of 171,000 units by 2030 reflects a strategy towards significant growth and improved manufacturing efficiencies, amidst a competitive landscape for premium electric vehicles. Furthermore, factors such as government support, successful production ramp-ups, and effective global expansion plans are expected to strengthen Lucid's market position and contribute to financial performance.
Bears say
Lucid Group Inc. faces a troubling outlook as its backlog and order book have failed to convert into actual revenues, indicating potential demand issues. Additionally, the company's production ramp has been delayed, hindering its ability to scale operations profitably in an increasingly competitive electric vehicle market. Furthermore, reliance on further capital raises raises concerns about shareholder dilution, which may negatively impact existing investors' value.
This aggregate rating is based on analysts' research of Lucid Group and is not a guaranteed prediction by Public.com or investment advice.
Lucid Group (LCID) Analyst Forecast & Price Prediction
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