Lucid Motors (known as Lucid Group, Inc) has a huge potential and this LCID stock can give you huge money. Today’s stock is Lucid Group, Inc. (NASDAQ: LCID), and we’ll be looking at its price in 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2035, and 2040 using both technical and fundamental analysis.
Lucid Stock Quick Recap
|Market Cap (intraday)||23.54B|
|Revenue Per Share||0.12|
|Book Value Per Share||2.22|
|5 yr. Return||+50.10%|
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What is Lucid Group?
Founded in 2007, Lucid Group, Inc. is headquartered in Newark, California, and is an American electric car manufacturer. Sam Weng and Bernard Tse started the business.
Lucid Group, Inc. is a car business that designs, develops, manufactures, and sells electric vehicles (EVs), EV powertrains, and battery systems utilizing its own facilities and resources.
The Company sells its products and provides its services via a network of wholly-owned retail and service outlets, its own e-commerce website, and other points of sale.
Product roadmaps for forthcoming automotive projects and technologies are also included. Lucid Air, the company’s ground-breaking electric car, is the result of the company’s dedication to technical innovation in-house, vertical integration, and a clean-sheet approach to engineering and design.
The Lucid Air is an all-electric car market for the middle class. The Advanced Production Plant-1 in Casa Grande, Arizona is Lucid’s first greenfield electric car manufacturing plant and is where the company produces the Lucid Air. It has a retail sales network and also sells directly to customers on its website.
LCID Stock Fundamental
Lucid Stock Major Holder
Lucid (LCID) stock major holders are given below:
|4.14%||Total shares owned by all insiders|
|73.62%||Institutional Ownership of Float|
|610||Number of Institutions Shareholders|
Lucid Stock Forecast & Price Prediction
|Year||Month||Regular Price||Least Price||Best Price|
Predictions of stock prices made using Deep Learning and technical analysis should not be depended upon when making financial commitments. It's not possible to project profits from the history.
How does the price of LCID change?
The demand and sales of electric cars are the two biggest influences on the price of LCID, however other variables also have a role. A quick breakdown of the most important things follows.
Late in 2022, the business will begin selling its Lucid Air Dream Edition P and R cars in limited quantities to consumers in Germany, the Netherlands, Switzerland, and Norway.
In October 2021, CEO Peter Rawlinson said that the Lucid Air sedan will be introduced to the markets of the Middle East and Europe in 2022, and to the market of China in 2023.
By 2023, Lucid expects that its costs will have skyrocketed as a result of the plan’s implementation. The business has lowered its shipping projections, and as a result, analysts predict it will earn $1.3 billion in sales this year, down from its earlier projection of $2.2 billion, while posting a net loss of $2.2 billion.
Lucid Stock Forecast & Price Prediction 2022
Now Lucid Stock price is $15.22. As per the Lucid (LCID) stock forecast & price prediction for 2022, it can touch the regular price which is $22.38, the lower range can be $19.02 and the higher range can be $25.74.
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Lucid Stock Forecast & Price Prediction 2023
After technical & fundamental analysis Lucid LCID stock forecast and price prediction 2023 can touch its regular price of $60.72 on 31st December 2023. As per the prediction, the lower price can reach $51.61 and the higher range can be $69.83.
Lucid Stock Forecast & Price Prediction 2024
Lucid Motor’s stock price can touch $103.17 which is the regular price. The lower price can be $87.70 and the higher range can be $118.65.
Lucid Stock Forecast & Price Prediction 2025
Lucid stock price esteemed to reach $150.58 on 31 December 2025. Least price can touch $127.99 and a higher price can be $173.17.
Lucid Stock Forecast & Price Prediction 2026
According to the fundamentals, the regular range can be $203.06. The lower price can touch $172.60. Lucid
Stock price prediction in 2026 can reach $233.52 which higher price. If the Lucid group can succeed to grow continually, it can touch our prediction aspect.
Lucid Stock Forecast & Price Prediction 2027
Lucid Stock Price is expected to hit a Lower range of $223.58, a higher range of $281.03, and a Medium range of $255.54 as future stock market rising momentum is observed.
Lucid Stock Forecast & Price Prediction 2028
According to the expert, Lucid Stock in 2028 can touch $297.25 which regular price. The lower price can be $262.75 and the Medium price can be $314.50.
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Lucid Stock Forecast & Price Prediction 2029
As future stock market growth momentum is seen, the price of Lucid stock is projected to reach a Lower range of $276.24, a Higher range of $317.92, and a Medium range of $276.24.
Lucid Stock Forecast & Price Prediction 2030
Fundamentally, the normal range might go as high as $323.47. In certain cases, you may be able to touch $295.20. In 2030, analysts expect Lucid Motors stock will reach a price of $344.50, which is up from current projections. Our ability to make predictions will be affected if the Lucid group is successful in expanding its operations.
Lucid Stock Forecast & Price Prediction 2035
The price of Lucid Motor stock may reach $405.04, which is the current market price. The lowest possible price is $368.13, and the highest possible price range is $432.65.
Lucid Stock Forecast & Price Prediction 2040
The analyst believes that the regular price of Lucid Stock in 2040 can reach $430.87. A lower price of $402.29 and a higher price of $445.91 are also possible.
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