Lucid Group Inc Stock Forecast, Predictions & Price Target

Analyst price target for LCID

Based on 6 analysts offering 12 month price targets for Lucid Group Inc.
Min Forecast
Avg Forecast
Max Forecast

Should I buy or sell LCID stock?

Based on 6 analysts offering ratings for Lucid Group Inc.
Strong Buy
3 analysts 50%
0 analysts 0%
2 analysts 33.33%
0 analysts 0%
Strong Sell
1 analysts 16.67%

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LCID stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Bottom 1%
Strong BuyMaintains$11.50+43.03%2023-03-02Find out why
RF Lafferty
Top 8%
Strong BuyMaintains$12.00+49.25%2023-02-23Find out why
Cantor Fitzgerald
Bottom 3%
Strong BuyMaintains$13.00+61.69%2023-02-23Find out why
Bank of America
Bottom 4%
HoldDowngrades$10.00+24.38%2023-02-23Find out why
Morgan Stanley
Top 5%
Strong SellMaintains$5.00-37.81%2023-01-25Find out why
Evercore ISI Group
Bottom 18%
HoldInitiates Coverage On$12.00+49.25%2022-11-30Find out why

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LCID vs Auto Stocks

TickerPricePrice TargetUp/downsideConsensus
LI$24.95$34.79+39.44%Strong Buy

Lucid Group Stock Forecast FAQ

Is Lucid Group Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: LCID) stock is to Buy LCID stock.

Out of 6 analysts, 3 (50%) are recommending LCID as a Strong Buy, 0 (0%) are recommending LCID as a Buy, 2 (33.33%) are recommending LCID as a Hold, 0 (0%) are recommending LCID as a Sell, and 1 (16.67%) 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 Price Target?

According to 6 Wall Street analysts that have issued a 1 year LCID price target, the average LCID price target is $10.58, with the highest LCID stock price forecast at $13.00 and the lowest LCID stock price forecast at $5.00.

On average, Wall Street analysts predict that Lucid Group's share price could reach $10.58 by Mar 2, 2024. The average Lucid Group stock price prediction forecasts a potential upside of 31.63% from the current LCID share price of $8.04.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.