NASDAQ:LCID

Lucid Group - LCID Stock Forecast, Price & News

13.97

-0.22 (-1.55%)

(As of 09/30/2022 09:01 PM ET)

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Today's Range: 13.87
▼
14.44
50-Day Range: 13.97
▼
20.56
52-Week Range: 13.25
▼
57.75

Volume: 12.26 million shs
Average Volume: 18.19 million shs
Market Capitalization: $23.37 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: 29.88

Lucid Group MarketRank™ Forecast

Analyst Rating: Hold
2.45 Rating Score
Upside/Downside: 113.9% Upside
29.88 Price Target
Short Interest: Bearish
23.27% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.53
Based on 19 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From -0.94 to -1.07 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.84 out of 5 stars

Auto/Tires/Trucks Sector

82nd out of 110 stocks

Motor Vehicles & Car Bodies Industry

24th out of 35 stocks

3.2

Analyst's Opinion

Consensus Rating
Lucid Group has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 7 buy ratings, 2 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of 29.88, Lucid Group has a forecasted upside of 113.9% from its current price of 13.97.
Amount of Analyst Coverage
Lucid Group has only been the subject of 4 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
23.27% of the float of Lucid Group has been sold short.
Short Interest Ratio / Days to Cover
Lucid Group has a short interest ratio ("days to cover") of 7.3.
Change versus previous month
Short interest in Lucid Group has recently increased by 5.73%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Lucid Group does not currently pay a dividend.
Dividend Growth
Lucid Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LCID.

2.5

News and Social Media Coverage

News Sentiment
Lucid Group has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 19 news articles for Lucid Group this week, compared to 10 articles on an average week.
Search Interest
Only 118 people have searched for LCID on MarketBeat in the last 30 days. This is a decrease of -35% compared to the previous 30 days.
MarketBeat Follows
156 people have added Lucid Group to their MarketBeat watchlist in the last 30 days. This is an increase of 10% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lucid Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
62.50% of the stock of Lucid Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
70.31% of the stock of Lucid Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Lucid Group are expected to decrease in the coming year, from -0.94 to -1.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lucid Group is -9.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lucid Group is -9.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Lucid Group has a P/B Ratio of 5.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Lucid Group (NASDAQ:LCID) Stock

Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.

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LCID Stock News Headlines

September 20, 2022 | marketbeat.com

Lucid is Looking Like a Clear EV Winner

Like most electric vehicle plays, Lucid has had its share of ups and downs. But what has Lucid in the driver’s seat to emerge victorious?

September 7, 2022 | marketbeat.com

REV Group Has A Deep Moat In The World Of EVs (LCID)

REV Group has a deep moat and is bottoming after solid results and an outlook that is hindered only by supply chain and parts availability.

October 1, 2022 | americanbankingnews.com

Lucid Group (NASDAQ:LCID) versus Electrameccanica Vehicles (NASDAQ:SOLO) Head to Head Analysis

October 1, 2022 | americanbankingnews.com

Research Analysts Offer Predictions for Lucid Group, Inc.'s FY2022 Earnings (NASDAQ:LCID)

September 30, 2022 | finance.yahoo.com

Lucid Group, Inc. (LCID) Dips More Than Broader Markets: What You Should Know

September 29, 2022 | msn.com

What's Going On With Lucid Stock Today

September 28, 2022 | nasdaq.com

Here’s Why Lucid Group (NASDAQ:LCID) Soared Today

September 27, 2022 | markets.businessinsider.com

Electric Vehicle Stocks Are Trending Lower: What's Going On?

September 27, 2022 | investing.com

Cantor Fitzgerald Initiates Lucid Group at Overweight

September 27, 2022 | seekingalpha.com

Lucid Group powers higher after Cantor Fitzgerald makes bull call

September 27, 2022 | markets.businessinsider.com

Why Lucid Stock Is Trading Higher Today

September 27, 2022 | finance.yahoo.com

Lucid Picks Up New Buy Rating. Stock Can Rise 60%.

September 25, 2022 | nasdaq.com

NIO, Lucid, and Rivian Have Plummeted. Here's the 1 Thing to Know Before Buying

September 24, 2022 | americanbankingnews.com

Lucid Group, Inc. (NASDAQ:LCID) Receives 30.86 Average Price Target from Analysts

September 23, 2022 | nasdaq.com

Why Ford, GM, Lucid, and Rivian Stocks Dropped Today

September 23, 2022 | fool.com

Lucid Group, Inc. (NASDAQ: LCID)

September 21, 2022 | ca.finance.yahoo.com

2 of the Top-Growing Stocks on Earth

September 21, 2022 | nasdaq.com

Why Lucid Stock Powered Higher Today

September 15, 2022 | msn.com

4LCID : What's Going On With Lucid Stock Today?

September 15, 2022 | markets.businessinsider.com

Tesla Vs. Fisker Vs. Rivian Vs. Lucid: Analyst Weighs In On EV Makers As Adoption Shifts To Top Gear

September 14, 2022 | thestreet.com

Lucid Group Inc. News

September 12, 2022 | za.investing.com

Lucid Group: Is Cheaper Cheap Enough?

September 12, 2022 | seekingalpha.com

Lucid Group rallies after R.L. Lafferty issues bull call

September 9, 2022 | nasdaq.com

December 16th Options Now Available For Lucid Group

September 8, 2022 | seekingalpha.com

Lucid: Focus On EV Deliveries, Not Dilution

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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LCID Company Calendar

Last Earnings: 8/03/2022
Today: 10/02/2022
Next Earnings (Estimated): 11/21/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Motor vehicles & car bodies
Sub-Industry: N/A
Sector: Auto/Tires/Trucks
Current Symbol: NASDAQ:LCID
CUSIP: N/A
CIK: 1811210
Web: iv.churchillcapitalcorp.com
Phone: 510-648-3553
Fax: N/A
Employees: 3,900
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: 29.88
High Stock Price Forecast: 60.00
Low Stock Price Forecast: 12.00
Forecasted Upside/Downside: +113.9%
Consensus Rating: Hold
Rating Score (0-4): 2.45
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): -1.45
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-2,579,760,000.00
Net Margins: -1,030.53%
Pretax Margin: -1,030.29%
Return on Equity: -34.45%
Return on Assets: -19.66%

Debt

Debt-to-Equity Ratio: 0.54
Current Ratio: 7.59
Quick Ratio: 6.75

Sales & Book Value

Annual Sales: $27.11 million
Price / Sales: 862.01
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: 2.37 per share
Price / Book: 5.89

Miscellaneous

Outstanding Shares: 1,672,810,000
Free Float: 627,303,000
Market Cap: $23.37 billion
Optionable: Not Optionable
Beta: 0.57

Key Executives

Mr. Peter Dore Rawlinson (Age 63)
CEO, CTO & Director
Comp: $9.5M

Ms. Sherry House CPA
Chief Financial Officer

Mr. Eric Bach (Age 48)
Sr. VP of Product & Chief Engineer
Comp: $7.89M

Mr. Michael Bell (Age 54)
Sr. VP of Digital
Comp: $2.25M

Mr. Faisal Sultan
Managing Director of Global Operations

Mr. Gagan Dhingra (Age 48)
VP of Accounting & Internal Controls and Principal Accounting Officer

Mr. Maynard Joseph Um
Head of Investor Relations

Mr. Jonathan Butler
Sr. VP, Gen. Counsel & Sec.

Mr. Jeff Curry
VP of Marketing & Communications

Mr. Zak Edson
VP of Sales & Service

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LCID Stock - Frequently Asked Questions

Should I buy or sell Lucid Group stock right now?: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lucid Group in the last year. There are currently 2 sell ratings, 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LCID shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LCID, but not buy additional shares or sell existing shares.
View LCID analyst ratings or view top-rated stocks.
What is Lucid Group's stock price forecast for 2022?: 11 Wall Street research analysts have issued 1-year target prices for Lucid Group's shares. Their LCID share price forecasts range from 12.00 to 60.00. On average, they expect the company's stock price to reach 29.88 in the next twelve months. This suggests a possible upside of 113.9% from the stock's current price.
View analysts price targets for LCID or view top-rated stocks among Wall Street analysts.
How have LCID shares performed in 2022?: Lucid Group's stock was trading at 38.05 at the start of the year. Since then, LCID stock has decreased by 63.3% and is now trading at 13.97.
View the best growth stocks for 2022 here.
When is Lucid Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 21st 2022.
View our LCID earnings forecast.

How were Lucid Group's earnings last quarter?: Lucid Group, Inc. (NASDAQ:LCID) issued its quarterly earnings results on Wednesday, August, 3rd. The company reported ($0.33) EPS for the quarter, beating analysts' consensus estimates of ($0.44) by $0.11. The business had revenue of $97.34 million for the quarter. Lucid Group had a negative net margin of 1,030.53% and a negative trailing twelve-month return on equity of 34.45%.
What is Lucid Group's stock symbol?: Lucid Group trades on the NASDAQ under the ticker symbol "LCID."
How do I buy shares of Lucid Group?: Shares of LCID stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Lucid Group's stock price today?: One share of LCID stock can currently be purchased for approximately 13.97.
How much money does Lucid Group make?: Lucid Group (NASDAQ:LCID) has a market capitalization of $23.37 billion and generates $27.11 million in revenue each year. The company earns $-2,579,760,000.00 in net income (profit) each year or -1.45 on an earnings per share basis.
How many employees does Lucid Group have?: The company employs 3,900 workers across the globe.
How can I contact Lucid Group?: Lucid Group's mailing address is 640 FIFTH AVENUE 12TH FLOOR, NEW YORK NY, 10019. The official website for the company is iv.churchillcapitalcorp.com. The company can be reached via phone at 510-648-3553 or via email at investor@lucidmotors.com.

This page (NASDAQ:LCID) was last updated on 10/2/2022 by MarketBeat.com Staff

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Lucid Group - LCID Stock Forecast, Price & News

Lucid Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows