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NASDAQ: LCID
Lucid Group Inc Stock Forecast, Predictions & Price Target

Analyst price target for LCID

Based on 8 analysts offering 12 month price targets for Lucid Group Inc.
Min Forecast
$3.00+23.46%
Avg Forecast
$4.06+67.2%
Max Forecast
$5.00+105.76%

Should I buy or sell LCID stock?

Based on 8 analysts offering ratings for Lucid Group Inc.
Hold
Strong Buy
0 analysts 0%
Buy
1 analysts 12.5%
Hold
5 analysts 62.5%
Sell
0 analysts 0%
Strong Sell
2 analysts 25%

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LCID stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-25
lockedlocked$00.00+00.00%2024-03-08
lockedlocked$00.00+00.00%2024-02-26
lockedlocked$00.00+00.00%2024-02-22
lockedlocked$00.00+00.00%2024-02-22
Cantor Fitzgerald
Bottom 4%
4
Strong SellDowngrades$4.00+64.61%2024-02-22
RF Lafferty
Bottom 6%
6
HoldDowngrades$5.00+105.76%2023-11-08Find out why
Needham
Bottom 1%
1
BuyMaintains$5.00+105.76%2023-11-08Find out why

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Forecast return on equity

Is LCID forecast to generate an efficient return?
Company
N/A
Industry
0.01%
Market
20.28%

Forecast return on assets

Is LCID forecast to generate an efficient return on assets?
Company
N/A
Industry
0%

LCID revenue forecast

What is LCID's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$751.3M+26.2%
Avg 2 year Forecast
$1.7B+186.94%
Avg 3 year Forecast
$4.8B+710.03%
LCID's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

LCID revenue growth forecast

How is LCID forecast to perform vs Auto Manufacturers companies and vs the US market?
Company
101.92%
Industry
10.32%
Market
9.42%
LCID's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
LCID's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

LCID vs Auto Stocks

TickerPricePrice TargetUp/downsideConsensus
LCID$2.43$4.06+67.20%Hold
XPEV$7.20$11.33+57.40%Buy
VFS$3.26$11.00+237.42%Strong Buy
NIO$3.89$7.32+88.23%Hold
LOT$6.36N/AN/A

Lucid Group Stock Forecast FAQ

Is Lucid Group Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: LCID) stock is to Hold LCID stock.

Out of 8 analysts, 0 (0%) are recommending LCID as a Strong Buy, 1 (12.5%) are recommending LCID as a Buy, 5 (62.5%) are recommending LCID as a Hold, 0 (0%) are recommending LCID as a Sell, and 2 (25%) are recommending LCID as a Strong Sell.

If you're new to stock investing, here's how to buy Lucid Group stock.

What is LCID's revenue growth forecast for 2024-2026?

(NASDAQ: LCID) Lucid Group's forecast annual revenue growth rate of 101.92% is forecast to beat the US Auto Manufacturers industry's average forecast revenue growth rate of 10.32%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.42%.

Lucid Group's revenue in 2024 is $595,271,000.On average, 2 Wall Street analysts forecast LCID's revenue for 2024 to be $1,727,922,220,673, with the lowest LCID revenue forecast at $1,679,520,020,073, and the highest LCID revenue forecast at $1,776,326,721,320. On average, 2 Wall Street analysts forecast LCID's revenue for 2025 to be $3,928,589,314,219, with the lowest LCID revenue forecast at $3,159,563,816,450, and the highest LCID revenue forecast at $4,697,617,112,035.

In 2026, LCID is forecast to generate $11,090,504,969,752 in revenue, with the lowest revenue forecast at $10,190,820,670,924 and the highest revenue forecast at $11,990,189,268,580.

What is LCID's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: LCID) forecast ROA is N/A, which is lower than the forecast US Auto Manufacturers industry average of 0%.

What is LCID's Price Target?

According to 8 Wall Street analysts that have issued a 1 year LCID price target, the average LCID price target is $4.06, with the highest LCID stock price forecast at $5.00 and the lowest LCID stock price forecast at $3.00.

On average, Wall Street analysts predict that Lucid Group's share price could reach $4.06 by Mar 25, 2025. The average Lucid Group stock price prediction forecasts a potential upside of 67.2% from the current LCID share price of $2.43.

What is LCID's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: LCID) forecast ROE is N/A, which is considered weak.
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