Lucid Group (LCID) Stock Forecast, Price Target & Predictions

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LCID Stock Forecast

Lucid Group stock forecast is as follows: an average price target of $8.59 (represents a 294.04% upside from LCID’s last price of $2.18) and a rating consensus of 'Hold', based on 13 wall street analysts offering a 1-year stock forecast.

LCID Price Target

The average price target for Lucid Group (LCID) is $8.59 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $36.00 to $2.00. This represents a potential 294.04% upside from LCID's last price of $2.18.

LCID Analyst Ratings

Hold

According to 13 Wall Street analysts, Lucid Group's rating consensus is 'Hold'. The analyst rating breakdown for LCID stock is 0 'Strong Buy' (0.00%), 4 'Buy' (30.77%), 7 'Hold' (53.85%), 2 'Sell' (15.38%), and 0 'Strong Sell' (0.00%).

Lucid Group Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 11, 2024	Jaime Perez	R.F. Lafferty	$4.00	$2.25	78.00%	83.49%
Nov 11, 2024	Stephen Gengaro	Stifel Nicolaus	$3.50	$2.25	55.75%	60.55%
Nov 08, 2024	Andres Sheppard	Cantor Fitzgerald	$3.00	$2.29	31.00%	37.61%
Oct 17, 2024	John Murphy	Bank of America Securities	$3.40	$2.69	26.39%	55.96%
Oct 17, 2024	Garrett Nelson	CFRA	$2.00	$2.71	-26.34%	-8.26%
Oct 07, 2024	Ben Kallo	Robert W. Baird	$3.00	$3.37	-10.88%	37.61%
Sep 11, 2024	John Murphy	Bank of America Securities	$3.55	$3.98	-10.80%	62.84%
Aug 06, 2024	Stephen Gengaro	Stifel Nicolaus	$3.00	$3.15	-4.61%	37.61%
Aug 06, 2024	Andres Sheppard	Cantor Fitzgerald	$4.00	$3.18	25.70%	83.49%
May 07, 2024	Stephen Gengaro	Stifel Nicolaus	$4.00	$2.62	52.67%	83.49%

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The latest Lucid Group stock forecast, released on Nov 11, 2024 by Jaime Perez from R.F. Lafferty, set a price target of $4.00, which represents a 78.00% increase from the stock price at the time of the forecast ($2.25), and a 83.49% increase from LCID last price ($2.18).

Lucid Group Price Target by Period

	1M	3M	12M
# Anlaysts	5	7	11
Avg Price Target	$3.18	$3.21	$3.31
Last Closing Price	$2.18	$2.18	$2.18
Upside/Downside	45.87%	47.25%	51.83%

In the current month, the average price target of Lucid Group stock is $3.18, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 45.87% increase as opposed to Lucid Group's last price of $2.18. This month's average price target is down -0.93% compared to last quarter, and down -3.93% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 08, 2024	Cantor Fitzgerald	Neutral	Neutral	Hold
Oct 17, 2024	Bank of America Securities	Neutral	Neutral	Hold
Oct 17, 2024	CFRA	Sell	Sell	Hold
Sep 23, 2024	Cantor Fitzgerald	Underperform	Underperform	Hold
Sep 11, 2024	Bank of America Securities	Neutral	Neutral	Hold
Sep 11, 2024	Needham	Hold	Hold	Hold
Sep 03, 2024	RBC Capital	Sector Perform	Sector Perform	Hold
Aug 16, 2024	Cantor Fitzgerald	Underperform	Underperform	Hold
Aug 06, 2024	RBC Capital	Sector Perform	Sector Perform	Hold
Aug 06, 2024	Needham	Hold	Hold	Hold

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Lucid Group's last stock rating was published by Cantor Fitzgerald on Nov 08, 2024. The company gave LCID a "Neutral" rating, the same as its previous rate.

Lucid Group Financial Forecast

Lucid Group Revenue Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$157.15M	$137.81M	$150.87M	$149.43M	$257.71M	$195.46M	$97.34M	$57.67M	$26.39M	$232.00K
Avg Forecast	$1.10B	$1.09B	$1.09B	$1.09B	$930.01M	$885.20M	$787.88M	$699.06M	$547.70M	$548.10M	$539.59M	$538.66M	$483.27M	$399.73M	$320.38M	$251.74M	$202.94M	$196.23M	$190.30M	$173.54M	$179.88M	$185.10M	$181.58M	$204.36M	$302.61M	$209.37M	$145.49M	$55.56M	$36.74M	$1.25M
High Forecast	$1.34B	$1.32B	$1.32B	$1.32B	$1.13B	$1.08B	$957.80M	$849.83M	$665.82M	$666.31M	$655.96M	$654.83M	$587.50M	$485.94M	$389.47M	$359.94M	$207.82M	$238.55M	$190.30M	$173.54M	$191.68M	$208.42M	$220.74M	$248.44M	$367.88M	$209.37M	$145.49M	$55.56M	$36.74M	$1.25M
Low Forecast	$967.95M	$958.90M	$957.52M	$956.09M	$819.31M	$779.84M	$694.10M	$615.85M	$482.51M	$482.86M	$475.36M	$474.54M	$425.75M	$352.15M	$282.24M	$211.73M	$198.06M	$172.88M	$190.30M	$173.54M	$168.07M	$144.07M	$159.97M	$180.04M	$266.59M	$209.37M	$145.49M	$55.56M	$36.74M	$1.25M
# Analysts	2	3	4	5	6	3	3	3	3	3	4	5	4	5	2	7	6	3	1	1	2	8	5	4	4	3	4	3	5	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.87%	0.74%	0.83%	0.73%	0.85%	0.93%	0.67%	1.04%	0.72%	0.19%

Lucid Group's average Quarter revenue forecast for Mar 24 based on 1 analysts is $173.54M, with a low forecast of $173.54M, and a high forecast of $173.54M. LCID's average Quarter revenue forecast represents a 10.43% increase compared to the company's last Quarter revenue of $157.15M (Dec 23).

Lucid Group EBITDA Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	2	3	4	5	6	3	3	3	3	3	4	5	4	5	2	7	6	3	1	1	2	8	5	4	4	3	4	3	5	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-736.87M	$-752.88M	$-837.68M	$-659.15M	$-665.39M	$-611.83M	$-505.56M	$-558.35M	$-1.01B	$-524.30M
Avg Forecast	$-1.10B	$-1.09B	$-1.09B	$-1.09B	$-930.01M	$-885.20M	$-787.88M	$-699.06M	$-547.70M	$-548.10M	$-539.59M	$-538.66M	$-483.27M	$-399.73M	$-320.38M	$-251.74M	$-202.94M	$-196.23M	$-190.30M	$-42.96M	$-179.88M	$-185.10M	$-181.58M	$-33.96M	$-1.32B	$-209.37M	$-145.49M	$-26.85M	$-36.74M	$-608.19M
High Forecast	$-967.95M	$-958.90M	$-957.52M	$-956.09M	$-819.31M	$-779.84M	$-694.10M	$-615.85M	$-482.51M	$-482.86M	$-475.36M	$-474.54M	$-425.75M	$-352.15M	$-282.24M	$-211.73M	$-198.06M	$-172.88M	$-190.30M	$-34.37M	$-168.07M	$-144.07M	$-159.97M	$-27.17M	$-1.06B	$-209.37M	$-145.49M	$-21.48M	$-36.74M	$-486.56M
Low Forecast	$-1.34B	$-1.32B	$-1.32B	$-1.32B	$-1.13B	$-1.08B	$-957.80M	$-849.83M	$-665.82M	$-666.31M	$-655.96M	$-654.83M	$-587.50M	$-485.94M	$-389.47M	$-359.94M	$-207.82M	$-238.55M	$-190.30M	$-51.55M	$-191.68M	$-208.42M	$-220.74M	$-40.75M	$-1.58B	$-209.37M	$-145.49M	$-32.21M	$-36.74M	$-729.83M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.10%	4.07%	4.61%	19.41%	0.50%	2.92%	3.47%	20.80%	27.44%	0.86%

undefined analysts predict LCID's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Lucid Group's previous annual EBITDA (undefined) of $NaN.

Lucid Group Net Income Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	2	3	4	5	6	3	3	3	3	3	4	5	4	5	2	7	6	3	1	1	2	8	5	4	4	3	4	3	5	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-653.77M	$-630.89M	$-764.23M	$-779.53M	$-472.65M	$-530.10M	$-220.43M	$-81.29M	$-1.05B	$-524.40M
Avg Forecast	$-116.20M	$-139.44M	$-139.44M	$-162.68M	$-139.44M	$-185.92M	$-185.92M	$-232.40M	$-255.64M	$-395.08M	$-395.08M	$-418.31M	$-551.11M	$-561.08M	$-571.02M	$-567.72M	$-604.23M	$-711.97M	$-635.56M	$-99.72M	$-705.65M	$-850.57M	$-794.29M	$-78.83M	$-1.37B	$-723.91M	$-895.26M	$-62.32M	$-968.09M	$-608.31M
High Forecast	$-98.22M	$-117.86M	$-117.86M	$-137.51M	$-117.86M	$-157.15M	$-157.15M	$-196.44M	$-216.08M	$-333.95M	$-333.95M	$-353.59M	$-465.84M	$-474.25M	$-482.67M	$-479.88M	$-561.08M	$-601.82M	$-537.21M	$-79.78M	$-529.24M	$-437.44M	$-671.37M	$-63.07M	$-1.10B	$-723.91M	$-895.26M	$-49.86M	$-968.09M	$-486.65M
Low Forecast	$-148.78M	$-178.53M	$-178.53M	$-208.29M	$-178.53M	$-238.04M	$-238.04M	$-297.56M	$-327.31M	$-505.84M	$-505.84M	$-535.61M	$-705.63M	$-718.39M	$-731.12M	$-726.89M	$-690.54M	$-911.58M	$-813.76M	$-119.67M	$-806.46M	$-1.14B	$-1.02B	$-94.60M	$-1.64B	$-723.91M	$-895.26M	$-74.78M	$-968.09M	$-729.97M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.93%	0.74%	0.96%	9.89%	0.35%	0.73%	0.25%	1.30%	1.08%	0.86%

Lucid Group's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. LCID's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Lucid Group SG&A Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	2	3	4	5	6	3	3	3	3	3	4	5	4	5	2	7	6	3	1	1	2	8	5	4	4	3	4	3	5	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$241.03M	$189.69M	$197.75M	$168.77M	$170.87M	$176.74M	$163.81M	$223.16M	$197.00M	$251.55M
Avg Forecast	$12.61B	$12.49B	$12.47B	$12.45B	$10.67B	$10.16B	$9.04B	$8.02B	$6.28B	$6.29B	$6.19B	$6.18B	$5.54B	$4.59B	$3.68B	$2.89B	$2.33B	$2.25B	$2.18B	$1.99B	$2.06B	$2.12B	$2.08B	$2.34B	$257.87M	$2.40B	$1.67B	$637.39M	$421.51M	$14.34M
High Forecast	$15.32B	$15.18B	$15.16B	$15.14B	$12.97B	$12.35B	$10.99B	$9.75B	$7.64B	$7.64B	$7.53B	$7.51B	$6.74B	$5.58B	$4.47B	$4.13B	$2.38B	$2.74B	$2.18B	$1.99B	$2.20B	$2.39B	$2.53B	$2.85B	$309.44M	$2.40B	$1.67B	$637.39M	$421.51M	$14.34M
Low Forecast	$11.11B	$11.00B	$10.99B	$10.97B	$9.40B	$8.95B	$7.96B	$7.07B	$5.54B	$5.54B	$5.45B	$5.44B	$4.88B	$4.04B	$3.24B	$2.43B	$2.27B	$1.98B	$2.18B	$1.99B	$1.93B	$1.65B	$1.84B	$2.07B	$206.30M	$2.40B	$1.67B	$637.39M	$421.51M	$14.34M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.12%	0.09%	0.09%	0.07%	0.66%	0.07%	0.10%	0.35%	0.47%	17.54%

Lucid Group's average Quarter SG&A projection for Mar 24 is $1.99B, based on 1 Wall Street analysts, with a range of $1.99B to $1.99B. The forecast indicates a 726.08% rise compared to LCID last annual SG&A of $241.03M (Dec 23).

Lucid Group EPS Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	2	3	4	5	6	3	3	3	3	3	4	5	4	5	2	7	6	3	1	1	2	8	5	4	4	3	4	3	5	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.29	$-0.00	$-0.40	$-0.43	$-0.28	$-0.32	$-0.13	$-0.05	$-0.64	$-0.43
Avg Forecast	$-0.05	$-0.06	$-0.06	$-0.07	$-0.06	$-0.08	$-0.08	$-0.10	$-0.11	$-0.17	$-0.17	$-0.18	$-0.24	$-0.24	$-0.25	$-0.24	$-0.26	$-0.31	$-0.27	$-0.25	$-0.30	$-0.37	$-0.34	$-0.39	$-0.41	$-0.31	$-0.39	$-0.31	$-0.42	$-0.25
High Forecast	$-0.04	$-0.05	$-0.05	$-0.06	$-0.05	$-0.07	$-0.07	$-0.08	$-0.09	$-0.14	$-0.14	$-0.15	$-0.20	$-0.20	$-0.21	$-0.21	$-0.24	$-0.26	$-0.23	$-0.21	$-0.23	$-0.19	$-0.29	$-0.33	$-0.35	$-0.31	$-0.39	$-0.31	$-0.42	$-0.25
Low Forecast	$-0.06	$-0.08	$-0.08	$-0.09	$-0.08	$-0.10	$-0.10	$-0.13	$-0.14	$-0.22	$-0.22	$-0.23	$-0.30	$-0.31	$-0.31	$-0.31	$-0.30	$-0.39	$-0.35	$-0.32	$-0.35	$-0.49	$-0.44	$-0.50	$-0.53	$-0.31	$-0.39	$-0.31	$-0.42	$-0.25
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.96%	0.00%	1.17%	1.10%	0.68%	1.02%	0.34%	0.16%	1.53%	1.69%

According to undefined Wall Street analysts, Lucid Group's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to LCID previous annual EPS of $NaN (undefined).

Lucid Group Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
RIDE	Lordstown Motors	$2.20	$22.50	922.73%	Sell
GOEV	Canoo	$0.62	$3.00	383.87%	Buy
NIO	NIO	$4.61	$19.45	321.91%	Buy
LCID	Lucid Group	$2.18	$8.59	294.04%	Hold
PSNY	Polestar Automotive UK	$1.21	$4.70	288.43%	Hold
RIVN	Rivian Automotive	$12.03	$30.96	157.36%	Buy
XPEV	XPeng	$13.35	$21.59	61.72%	Buy
LI	Li Auto	$22.35	$35.06	56.87%	Buy
F	Ford Motor Company	$11.10	$16.58	49.37%	Buy
TSLA	Tesla	$330.24	$250.97	-24.00%	Buy

LCID Forecast FAQ

Is Lucid Group a good buy?

No, according to 13 Wall Street analysts, Lucid Group (LCID) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 30.77% of LCID's total ratings.

What is LCID's price target?

Lucid Group (LCID) average price target is $8.59 with a range of $2 to $36, implying a 294.04% from its last price of $2.18. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Lucid Group stock go up soon?

According to Wall Street analysts' prediction for LCID stock, the company can go up by 294.04% (from the last price of $2.18 to the average price target of $8.59), up by 1551.38% based on the highest stock price target, and down by -8.26% based on the lowest stock price target.

Can Lucid Group stock reach $3?

LCID's average twelve months analyst stock price target of $8.59 supports the claim that Lucid Group can reach $3 in the near future.

What is Lucid Group's current price target trend?

5 Wall Street analysts forecast a $3.18 price target for Lucid Group (LCID) this month, up 45.87% from its last price of $2.18. Compared to the last 3 and 12 months, the average price target increased by 47.25% and increased by 51.83%, respectively.

What are Lucid Group's analysts' financial forecasts?

Lucid Group's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $3.3B (high $4.01B, low $2.91B), average EBITDA is $-3.302B (high $-2.909B, low $-4.014B), average net income is $-744M (high $-629M, low $-952M), average SG&A $37.89B (high $46.06B, low $33.38B), and average EPS is $-0.32 (high $-0.27, low $-0.41). LCID's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $4.36B (high $5.3B, low $3.84B), average EBITDA is $-4.359B (high $-3.84B, low $-5.3B), average net income is $-558M (high $-471M, low $-714M), average SG&A $50.01B (high $60.8B, low $44.06B), and average EPS is $-0.24 (high $-0.203, low $-0.307).

Did the LCID's actual financial results beat the analysts' financial forecasts?

Based on Lucid Group's last annual report (Dec 2023), the company's revenue was $595.27M, which missed the average analysts forecast of $750.93M by -20.73%. Apple's EBITDA was $-3.1B, beating the average prediction of $-581M by 433.93%. The company's net income was $-2.828B, beating the average estimation of $-2.429B by 16.43%. Apple's SG&A was $797.24M, missing the average forecast of $8.62B by -90.75%. Lastly, the company's EPS was $-1.36, missing the average prediction of $-1.403 by -3.05%. In terms of the last quarterly report (Dec 2023), Lucid Group's revenue was $157.15M, missing the average analysts' forecast of $179.88M by -12.64%. The company's EBITDA was $-737M, beating the average prediction of $-180M by 309.64%. Lucid Group's net income was $-654M, missing the average estimation of $-706M by -7.35%. The company's SG&A was $241.03M, missing the average forecast of $2.06B by -88.32%. Lastly, the company's EPS was $-0.29, missing the average prediction of $-0.304 by -4.49%