How to Buy Lucid Group Stock
Lucid Group Inc
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.
Lucid Group stock last closed at $2.09, up 2.96% from the previous day, and has decreased 20.53% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.76 percentage points. Lucid Group stock is currently +8.29% from its 52-week low of $1.93, and -52.82% from its 52-week high of $4.43.
There are currently 3.03B shares of LCID outstanding. The market capitalization of LCID is $6.34B. In the past 24 hours, 75.2M LCID shares were traded.
How to Buy Lucid Group Stock
Wondering how to invest in Lucid Group stock? Here's how.
- Decide where to buy Lucid Group stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Lucid Group stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your method of payment and add your details.
- Analyze Lucid Group stock: The Lucid Group ticker symbol is LCID. Is Lucid Group stock a good investment? Should you buy shares of LCID? How do LCID's underlying business fundamentals look? Do top analysts think Lucid Group is a good buy? Why has LCID's stock price moved recently? (Hint: Our stock market analysis website can help you understand if LCID is a good stock to buy).
- Execute your LCID trade: Decide if you will purchase LCID shares at the current market price or use a limit order to buy LCID stock at a specific price.
- Get updates on your LCID investment: Create a watchlist to monitor your investment in Lucid Group shares.
Step 1: Decide where to buy Lucid Group stock
You need an online brokerage account in order to access the NASDAQ market and buy LCID stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal info so you can buy LCID today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new trading account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on the best investment app, your next step is to transfer the money for your investment:
Check out the tutorial below if you need help depositing funds into your brokerage account.
Step 4: Analyze Lucid Group stock
Once you have figured out the best place to buy Lucid Group stock, it's important to analyze their stock prior to investing, so you can wrap your head around the risk and upside.
Lucid Group stock quick numbers
LCID Due Diligence Checks
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on LCID's stock page.
Is LCID stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge LCID's true value.
Using relative valuations methods:
- LCID could be undervalued based on its P/B ratio of 1.64x, relative to Auto Manufacturers industry P/B ratio of 2.36x
You can do more valuation analysis on LCID's stock here.
A look at LCID Cashflows and Balance Sheet
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the LCID balance sheet.
- LCID has cash burn of 2903515000. It has enough cash and short-term investments to cover this for at least one year.
- Total LCID debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the LCID balance sheet.
Negative Financial Indicators:
- LCID has a relatively high debt to equity ratio of 1.16.
- LCID has $4.03B in cash and short term investments. This is not sufficient to cover its annual cash burn of $2.90B.
- LCID profit margin has gone up by 0.96 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy LCID stock, according to analysts?
Out of 7 sell side analysts who track LCID, the consensus analyst rating on LCID is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest LCID Analyst Upgrades/Downgrades
Jaime Perez, a bottom 9% analyst from RF Lafferty upgrades LCID to a strong buy rating and announces their LCID price target of $4.00, on Nov 11, 2024.
Ben Kallo, a top 30% analyst from Baird maintains LCID with a hold rating and maintains their LCID price target from $3.00 to $3.00, on Oct 7, 2024.
You can dive deeper into what analysts are projecting on the Lucid Group stock forecast page.
LCID Technical Indicators
Is LCID Making Money?
Last year, LCID revenue was $807.83M. In the past five year, LCID's revenue has gone up by 181.26% per year. This was faster than the Auto Manufacturers industry average of 30.97%.
Learn more about LCID's earnings and revenue performance here.
Latest Insiders Trades at LCID
Over the last 12 months, executives and large shareholders at LCID have bought more shares than they have sold.
Eric Bach, SVP Product Chief Engineer of LCID, was the latest LCID insider to sell. They sold $805,089.60 worth of LCID shares on Mar 5, 2025.
Dig into more about who owns LCID stock here.
Can I rely on LCID as an income stream?
No, Lucid Group doesn't provide an income stream by paying out dividends.
What others are saying about LCID
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your LCID trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you need additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Get updates on your LCID investment
Now that you own some shares in LCID, you'll want to stay up-to-date on your stock purchase.
Make a watchlist to see the latest developments about your LCID stock.
LCID Feed
How to Buy Stock in Lucid Group
To reiterate, here are the 6 steps to buy stock in Lucid Group:
- Decide where to buy Lucid Group stock
- Create your brokerage account
- Fund your brokerage account
- Analyze Lucid Group stock
- Execute your LCID trade
- Get updates on your LCID investment
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your investment in Lucid Group, hit the button below to create your watchlist.
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