
Lucid Group (LCID) Stock Forecast & Price Target
Lucid Group (LCID) Analyst Ratings
Bulls say
Lucid Group Inc. demonstrated robust performance with 3,099 vehicle deliveries, exceeding estimates by 6.1% and reflecting an 11.4% increase from the previous quarter. The company's revenue reached $234.5 million, surpassing projections by 2.8% and showing a substantial year-over-year growth of 49.2%, indicating strong market demand for its electric vehicles. Furthermore, management anticipates significant improvements in gross margins through year-end 2025, bolstered by enhanced production scales and cost reduction initiatives, alongside a guided total production forecast of 20,000 units in 2025, showcasing a solid trajectory of growth.
Bears say
Lucid Group Inc. is projected to generate negative free cash flow of $3,961 million by 2025, primarily due to increasing inventory purchases in anticipation of launching its lower-priced Gravity Touring platform. The company faces substantial risks, including a limited operating history, a need for additional capital, and challenges in appealing to customers at scale in a competitive luxury car market, which may hinder sales. Additionally, persistent production delays and the erosion of cost advantages due to over-engineering could further complicate profitability and shareholder value, as recent sales metrics show declining revenues.
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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