Lucid Group, Inc. (LCID) Stock Forecast & Price Prediction 2024, 2025, 2030, 2040, and 2050
Find Lucid Group, Inc. (LCID) short-term stock forecasts for 2024 by month and long-term price predictions for 2024 to 2050. View past performance, analyst Buy, Sell or Hold ratings, and the latest LCID stock news and headlines.
1 Month Prediction
$2.25 [0.00%]
3 Month Prediction
$1.00 [-55.56%]
6 Month Prediction
$1.00 [-55.56%]
1 Year Prediction
$1.00 [-55.56%]
3 Year Prediction
$1.00 [-55.56%]
5 Year Prediction
$1.00 [-55.56%]
About Lucid Group, Inc.
Lucid Group Inc., a prominent player in the electric vehicle (EV) market, has been making waves with its innovative technology and ambitious plans. The company, known for its high-performance, luxury electric vehicles, has positioned itself as a significant competitor in the rapidly growing EV sector.
Lucid’s flagship vehicle, the Lucid Air, has been lauded for its impressive range and high performance. The Air Grand Touring model, for instance, boasts a remarkable 819 horsepower and can travel up to 516 miles on a single charge1. This combination of power and efficiency is a testament to Lucid’s advanced battery technology and electric powertrain, which are central to the company’s value proposition.
However, the journey for Lucid has not been without challenges. The company has faced its share of ups and downs, including disappointing earnings reports and missed production targets2. These setbacks have led to fluctuations in its stock performance, impacting investor sentiment. Despite these hurdles, Lucid has remained steadfast in its mission to revolutionize the EV market.
Looking ahead, Lucid has plans to make its EVs more affordable. The company aims to introduce models in the $48,000 to $50,000 price range, making its cutting-edge technology accessible to a broader market3. This strategy could potentially boost Lucid’s market share and positively impact its stock price in the long run.
Lucid’s commitment to innovation is also evident in its efforts to educate the public about EV technology. The company’s Tech Talk videos serve as valuable resources for those interested in learning about EV drivetrains4, demonstrating Lucid’s dedication to transparency and consumer education.
Lucid Group, Inc. (LCID) Historical Performance
IPO Date
Lucid Group, Inc. (NASDAQ:LCID) went public on 26 July, 2021.
Change
Since inception, LCID has fallen from $10.01 to $2.25, a massive -77.52% decrease since 2020.
Historical Highs and Lows
In the past 4 years, the stock reached a high of $52.98 and a low of $2.21.
52 Week Range
$2.2
$5.31
The current price $2.26 is near the 52-week low, which means that the stock is underbought.
LCID Stock Price History
Based on LCID stock's historical price data, this table shows how the stock has performed in the last 4 years. Since 2020, the LCID stock has fallen from $19.72 - $52.98 to $2.21 - $4.02, which is down -69.41%. Currently, the stock follows downward trend.
Here, we have calculated stock range of LCID, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
| Year | Stock Price | Avg Price | Change% | Year Change |
|---|---|---|---|---|
| 2021 | $19.72 - $52.98 | $28.63 | 190.96 | 1 Year Change |
| 2022 | $6.83 - $29.39 | $18.17 | 84.65 | 2 Year Change |
| 2023 | $4.12 - $11.69 | $6.96 | -29.27 | 3 Year Change |
| 2024 | $2.21 - $4.02 | $3.01 | -69.41 | 4 Year Change |
LCID Price Performance
6-Month Performance
LCID stock dropped by 13.79% in the last six months.
1-Year Performance
The stock has trended downwards by 46.56% in the past year.
3-Year Performance
In the last 3 years, the stock has plummeted by 94.09%.
5-Year Performance
In the last 5 years, the stock has gone down by 76.64%.
According to Lucid Group, Inc.'s historical data, below graph gives us the exact picture of how the LCID stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 1 year and a decline in 2 years.
2021
280.12% ↑
2022
82.05% ↓
2023
38.36% ↓
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
Lucid Group, Inc. (LCID) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $200.58 M (Q2)
Revenue for Q2 ending 30th June, 2024 increased 16.12% compared to Q1 ending 31st March, 2024.
Annual Revenue: $668.29 M (1Y)
Revenue for trailing 12 months increased 12.27% year over year from 31st December, 2023.
Market Capitalization
Lucid Group, Inc. has a market capitalization of $6.80B, which places LCID in the mid-cap category.
Fundamental Analysis
EPS: $-0.34 (Q2), $-1.36 (1Y)
EPS increased 13.33% since last quarter, and increased 74.36% since last year.
Net Income: $-643.39 M (Q2), $-2.83 B (1Y)
Net Income decreased 5.50% since last quarter, and increased 116.83% since last year.
Free Cash Flow: $-741.30 M (Q2), $-3.40 B (1Y)
Free Cash Flow increased 3.69% since last quarter, and increased 3.01% since last year.
Net Profit Margin: -320.76% (Q2), -423.23% (1Y)
Net Profit Margin increased 18.62% since last quarter, and increased 93.14% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for LCID stock. These indicators help you understand Lucid Group, Inc.'s financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for LCID stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
| Technical Indicators | Value |
|---|---|
| SMA20 | $2.71 |
| SMA50 | $3.27 |
| SMA200 | $3.07 |
| RSI | 10.69 |
| Beta | 1.05 |
SMA20 > Current Price
This signals LCID stock is in short-term bearish momentum.
SMA50 > Current Price
This signals LCID stock is in mid-term bearish momentum.
SMA200 > Current Price
This signals LCID stock is in long-term bearish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for LCID stock is Bearish. Out of all indicators, 3 indicates bullish signals, 5 signals bearish trends and 1 gives neutral trends. The LCID stock forecast was last updated on 05 November, 2024.
Lucid Group, Inc. (LCID) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to rise to $2.25 by the end of 2024, and can reach around $0.74 to $1.00 in 2025. And, the long-term forecast suggests that the stock may further drop to $1.26 - $0.86 in 2027, and $1.48 - $1.16 by 2030. So, the LCID stock shows a strong upward trend in the next several years.
Short-term LCID Stock Price Prediction & Forecast
| Date | Forecasted Price | Change% |
|---|---|---|
| 2024-12 | $2.25 | 0.0% |
In 2024, the LCID stock price is expected to fluctuate between $2.25 and $2.25. According to the monthly forecast, the stock could rise to $2.25 by December 2024. If compared to the LCID's current price, the stock could gain 0.0% by the end of this year.
Long-term LCID Stock Price Prediction & Forecast
| Year | Year Start | Year Mid | Year End | Change% |
|---|---|---|---|---|
| 2025 | $0.74 | $1.24 | $1.00 | -55.56% |
| 2026 | $0.66 | $0.93 | $1.09 | -51.56% |
| 2027 | $1.26 | $1.09 | $0.86 | -61.78% |
| 2028 | $1.10 | $1.19 | $0.96 | -57.33% |
| 2029 | $1.18 | $1.10 | $1.44 | -36.0% |
| 2030 | $1.48 | $1.40 | $1.16 | -48.44% |
| 2031 | $1.56 | $1.13 | $1.15 | -48.89% |
| 2032 | $0.96 | $1.14 | $0.81 | -64.0% |
| 2033 | $0.75 | $0.78 | $1.04 | -53.78% |
| 2034 | $0.87 | $1.03 | $1.39 | -38.22% |
| 2035 | $0.70 | $1.24 | $0.88 | -60.89% |
| 2036 | $1.07 | $1.15 | $0.92 | -59.11% |
| 2037 | $0.75 | $0.94 | $1.00 | -55.56% |
| 2038 | $0.94 | $0.87 | $1.02 | -54.67% |
| 2039 | $1.29 | $0.73 | $1.06 | -52.89% |
| 2040 | $0.91 | $0.59 | $0.96 | -57.33% |
| 2041 | $0.80 | $0.88 | $0.90 | -60.0% |
| 2042 | $0.94 | $0.73 | $0.73 | -67.56% |
| 2043 | $1.16 | $1.00 | $0.82 | -63.56% |
| 2044 | $1.15 | $0.60 | $0.95 | -57.78% |
| 2045 | $0.88 | $0.92 | $1.09 | -51.56% |
| 2046 | $1.10 | $0.89 | $1.20 | -46.67% |
| 2047 | $0.94 | $1.08 | $0.94 | -58.22% |
| 2048 | $1.16 | $0.78 | $0.53 | -76.44% |
| 2049 | $1.16 | $1.30 | $0.90 | -60.0% |
| 2050 | $0.66 | $0.92 | $1.13 | -49.78% |
Lucid Group, Inc. (LCID) Stock Price Prediction & Forecast 2024 - 2025
At the start of 2024, the LCID stock was at $3.38. Today, it is trading at $2.25, which is -33.43% decrease from price at the beginning of the year. By the end of this year, you can expect the stock to reach to $2.25 by December 2024 with a 0.00% change.
In early 2025, the LCID price is expected to climb from $2.25 to $0.74, a change of -66.91% from the current price. By mid-2025, the stock may move up by 67.57% on $1.24 and end the year at $1.00, which is -55.60% compared to today's price.
Lucid Group, Inc. (LCID) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant appreciation in the LCID stock. During this period, the LCID's price is forecasted to shift from $0.66 to $1.16, which is 75.76% gain.
In 2026, the stock would possibly open at $0.66, escalates to $0.93 by mid-year, and wraps up at $1.09, reflecting a decrease from today's price. Further moving to 2030, the stock can kick off the year at $1.48, soar to $1.40 by mid-year, and finish at $1.16, which is -48.36% change from current price.
Lucid Group, Inc. (LCID) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $1.56 to $0.96, which is down -49.09%
In 2031, we can expect LCID to fluctuate between $1.15 and $1.56, a shift indicating a -49.09% loss by year-end compared to current price. And Until 2040, LCID can likely vary from $0.91 to $0.96. By the end of 2040, the stock could record a -57.16% fall from today's stock price.
Lucid Group, Inc. (LCID) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the LCID stock can see an an upturn from $0.80 to $1.13 in this period. In 2041, the stock can experience a high of $0.88 by mid-year, closing the year at $0.90. This results in a -60.85% decrease from today.
Moving towards the end of 2050, LCID is projected to open the year at $0.66. The stock may peak to $0.92 during mid-year and finish the year at $1.13. Compared to the stock's current price, this translates to an overall loss of -49.64% by 2050.
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LCID : Buy, Sell Or Hold?
Analyst Ratings
Sorry, No analyst ratings available for this stock.Expert Analysis
According to LCID short-term and long-term forecast, Lucid Group, Inc. shares are projected to go down by 49.78%, and reach a value of $1.13 per share by 2050.
As per technical analysis, indicators show a Bearish sentiment, while Fear & Greed Index stands at 57.142857142857146, which signals Greed. Also, LCID has recorded 4/30 green days, which reflects a 18.181818181818183% positivity rate with a price volatility of 0.04%.
Plus, Price-to-Earnings (P/E) ratio of 0 suggests that LCID stock is undervalued. So, Based on LCID prediction and analysis, it may be the best time to hold LCID stock right now.
Lucid Group, Inc. (LCID) FAQs
1. Is Lucid stock expected to go up?
Based on the provided data and the projected growth of the electric vehicle industry, Lucid’s stock does not have the potential to increase in the future. According to Carscoops, Lucid is planning to launch smaller EVs to compete with Tesla Model 3 and Model Y, but, despite that LCID won't see a surge.
2. What will Lucid stock be worth in 2025?
According to the provided data, the average predicted price for Lucid stock in 2025 is $1.12.
3. What will Lucid be worth in 5 years?
In five years, which would be by 2029, the average predicted price for Lucid stock is around $1, with a minimum price of $1.12 and a maximum price of $1.30.
4. Can Lucid stock reach $100?
No, Based on the analysis, it’s predicted that Lucid stock could not reach this price in the next 10 years. Also, The company’s strategic moves, such as the planned launch of smaller EVs and focus on high efficiency, could not potentially influence its stock price to reach $100.
5. Is Lucid stock good to buy?
Based on the projected drop of the electric vehicle industry and the potential decrease in Lucid’s stock price, it might seem like Lucid stock could be a bad buy.
Disclaimer: Stock predictions, forecasts and price targets provided for "LCID” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.