Lucid Group Inc.

Organisation

7373 Gateway Boulevard, Newark, CA, United States, 94560

Headquarters

9000

Employees

Consumer Cyclical

Industry

Peter Rawlinson

Lucid Group, Inc. is an American-based automobile company that specializes in manufacturing high-performance electric vehicles. The company has its headquarters in Newark, California. Founders Bernard Tse and Sam Weng established Atieva (now known as Lucid, Inc.) in 2007. It houses nearly 2000 working employees as of December 2021.
Initially, the company aimed to develop powertrains and high-end batteries for vehicles in 2007. Later, in 2016, it moved on to develop a fully electric luxury car, named Lucid Air. In 2019, the company was invested by the Public Investment Fund with 1 billion USD to increase the capacity of its manufacturing plant. It also merged with the Churchill Capital Corp IV, a SPAC (Special-Purpose acquisition company) with a deal of around 12 billion USD.
In 2020, the US EPA (Environmental Protection Agency) affirmed that Lucid Air covers a distance of 840 KM on a single charge. Lucid has also collaborated with Amazon to install the Voice Control system.
CEO Rawlinson stated that Lucid intends to develop a future project by 2023, named Gravity SUV. Later, it will introduce a Tesla Model 3 competitor by 2024-2025.
According to the Wall Street Journal reports from July 2021, the Public Investment fund owns 60 percent of Lucid and will record a profit of approximately 20 billion USD from the investments made in 2018. 
Currently Lucid Group Inc. has a market cap of $9.14 Billion. It has a P.E ratio of -3.31. The shares of Lucid Group Inc. are trading at $10.06. .

Price

Target

Lucid Group Inc. (LCID) Price vs Consensus Price Target

As per the chart shown above, analysts believe that the Lucid Group Inc. (LCID) share price will touch around $14.23 in next 12-months.

Currently 21 wall-street analysts regularly analyze the financials of Lucid Group Inc. on a frequent basis to provide recommendations along with target share price. 21 analysts offering 12-month price forecasts for Lucid Group Inc. (LCID) have a share price target of $14.23. This median of share price forecast represents a 38.13% upside from the latest price of $10.3 as on 23.03.26.

Lucid Group Inc. (LCID) Share Price Forecast

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Lucid Group Inc. (LCID)

Lucid Group Inc. Stock Forecast

Lucid Group Inc. Stock Forecast & Price Target (Analyst Recommendation) | INDmoney

Percentage Difference

Lucid Group Inc. (LCID): Difference between Current Price & Median Forecasted Price

Below is a chart showing the percentage difference between Lucid Group Inc.'s share price and its median forecast price. As on 23.03.26, the difference is -30.33%

Lucid Group Inc. Forecast and Target Price

Lucid Group Inc. (LCID) Share Price Forecast

Lucid Group Inc. (LCID) Price vs Consensus Price Target

Lucid Group Inc. (LCID) Share Price Forecast v/s Share Price Today

Lucid Group Inc. (LCID): Difference between Current Price & Median Forecasted Price

Lucid Group Inc. (LCID) Share Price Technical Analysis

50 Day Moving Average v/s Current Share Price

200 Day Moving Average v/s Current Share Price