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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 $3.15 (represents a -1.56% downside from LCID’s last price of $3.20) 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 $3.15 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $4.00 to $2.00. This represents a potential -1.56% downside from LCID's last price of $3.20.

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 11, 2024Jaime PerezR.F. Lafferty$4.00$2.2578.00%25.00%
Nov 11, 2024Stephen GengaroStifel Nicolaus$3.50$2.2555.75%9.38%
Nov 08, 2024Andres SheppardCantor Fitzgerald$3.00$2.2931.00%-6.25%
Oct 17, 2024John MurphyBank of America Securities$3.40$2.6926.39%6.25%
Oct 17, 2024Garrett NelsonCFRA$2.00$2.71-26.34%-37.50%
Oct 07, 2024Ben KalloRobert W. Baird$3.00$3.37-10.88%-6.25%
Sep 11, 2024John MurphyBank of America Securities$3.55$3.98-10.80%10.94%
Aug 06, 2024Stephen GengaroStifel Nicolaus$3.00$3.15-4.61%-6.25%
Aug 06, 2024Andres SheppardCantor Fitzgerald$4.00$3.1825.70%25.00%
May 07, 2024Stephen GengaroStifel Nicolaus$4.00$2.6252.67%25.00%
Mar 08, 2024Tom NarayanRBC Capital$3.00$3.12-3.85%-6.25%
Sep 08, 2023Tom NarayanRBC Capital$6.00$5.823.18%87.50%
Aug 08, 2023Andres SheppardCantor Fitzgerald$10.00$6.7847.60%212.50%
Feb 23, 2023Chris PierceNeedham$16.00$8.3192.42%400.00%
Jan 12, 2023Andres SheppardCantor Fitzgerald$18.00$8.15120.72%462.50%
Nov 30, 2022Evercore ISI$12.00$9.7622.95%275.00%
Sep 27, 2022Andres SheppardCantor Fitzgerald$23.00$14.0663.58%618.75%
Sep 12, 2022Jaime PerezR.F. Lafferty$19.00$16.3016.60%493.75%
May 13, 2022Itay MichaeliCitigroup$36.00$17.91101.06%1025.00%

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 25.00% increase from LCID last price ($3.20).

Lucid Group Price Target by Period

1M3M12M
# Anlaysts-611
Avg Price Target-$3.15$3.31
Last Closing Price$3.20$3.20$3.20
Upside/Downside-100.00%-1.56%3.44%

In the current month, the average price target of Lucid Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Lucid Group's last price of $3.20. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 08, 2024Cantor FitzgeraldNeutralNeutralHold
Oct 17, 2024Bank of America SecuritiesNeutralNeutralHold
Oct 17, 2024CFRASellSellHold
Sep 23, 2024Cantor FitzgeraldUnderperformUnderperformHold
Sep 11, 2024Bank of America SecuritiesNeutralNeutralHold
Sep 11, 2024NeedhamHoldHoldHold
Sep 03, 2024RBC CapitalSector PerformSector PerformHold
Aug 16, 2024Cantor FitzgeraldUnderperformUnderperformHold
Aug 06, 2024RBC CapitalSector PerformSector PerformHold
Aug 06, 2024NeedhamHoldHoldHold
Aug 06, 2024Cantor FitzgeraldUnderweightNeutralUpgrade
Jul 13, 2024CitigroupNeutralNeutralHold
Jul 08, 2024CitigroupHoldHoldHold
Mar 08, 2024RBC CapitalSector PerformSector PerformHold
Feb 28, 2024Evercore ISISellSellHold
Feb 22, 2024Cantor FitzgeraldNeutralUnderweightDowngrade
Nov 27, 2023NeedhamBuyReduceDowngrade
Nov 08, 2023RBC CapitalSector PerformSector PerformHold
Nov 08, 2023Cantor FitzgeraldOverweightNeutralDowngrade
Nov 08, 2023GuggenheimNeutralNeutralHold
Sep 08, 2023RBC CapitalSector PerformInitialise
Aug 08, 2023NeedhamBuyBuyHold
May 09, 2023Bank of America SecuritiesNeutralNeutralHold
Feb 23, 2023BMO CapitalOutperformInitialise
Feb 23, 2023Loop Capital MarketsBuyInitialise
Feb 23, 2023NeedhamBuyInitialise
Jan 12, 2023Cantor FitzgeraldOverweightOverweightHold
Oct 13, 2022Morgan StanleyBuyBuyHold
Sep 27, 2022Prescience PointBuyInitialise
Sep 27, 2022Cantor FitzgeraldBuyOverweightInitialise
Sep 27, 2022Cantor FitzgeraldBuyInitialise
May 20, 2022CitigroupStrong BuyStrong BuyHold
May 13, 2022Piper SandlerHoldHoldHold
May 13, 2022CitigroupBuyBuyHold
Dec 20, 2021GuggenheimNeutralInitialise

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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 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$460.26M$370.26M$301.73M$233.62M$200.50M$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$1.32B$1.30B$1.30B$1.30B$1.11B$1.06B$944.02M$837.60M$656.24M$656.72M$646.53M$645.41M$551.48M$443.64M$361.53M$279.92M$225.59M$235.12M$190.30M$173.54M$191.68M$208.42M$217.57M$244.87M$362.59M$209.37M$145.49M$55.56M$36.74M$1.25M
Low Forecast$983.73M$974.53M$973.13M$971.68M$832.67M$792.55M$705.42M$625.89M$490.37M$490.73M$483.11M$482.28M$412.09M$331.51M$270.15M$209.17M$175.41M$175.69M$190.30M$173.54M$168.07M$144.07M$162.58M$182.97M$270.94M$209.37M$145.49M$55.56M$36.74M$1.25M
# Analysts111111111111111242112854434354
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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111242112854434354
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$-460.26M$-370.26M$-301.73M$-233.62M$-200.50M$-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$-983.73M$-974.53M$-973.13M$-971.68M$-832.67M$-792.55M$-705.42M$-625.89M$-490.37M$-490.73M$-483.11M$-482.28M$-412.09M$-331.51M$-270.15M$-209.17M$-175.41M$-175.69M$-190.30M$-34.37M$-168.07M$-144.07M$-162.58M$-27.17M$-1.06B$-209.37M$-145.49M$-21.48M$-36.74M$-486.56M
Low Forecast$-1.32B$-1.30B$-1.30B$-1.30B$-1.11B$-1.06B$-944.02M$-837.60M$-656.24M$-656.72M$-646.53M$-645.41M$-551.48M$-443.64M$-361.53M$-279.92M$-225.59M$-235.12M$-190.30M$-51.55M$-191.68M$-208.42M$-217.57M$-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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111242112854434354
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$-571.70M$-548.46M$-571.70M$-525.22M$-536.66M$-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$-100.39M$-120.47M$-120.47M$-140.54M$-120.47M$-160.62M$-160.62M$-200.78M$-220.85M$-341.32M$-341.32M$-361.40M$-493.91M$-473.83M$-493.91M$-453.76M$-507.97M$-615.09M$-549.08M$-79.78M$-529.24M$-437.44M$-686.22M$-63.07M$-1.10B$-723.91M$-895.26M$-49.86M$-968.09M$-486.65M
Low Forecast$-146.14M$-175.36M$-175.36M$-204.59M$-175.36M$-233.81M$-233.81M$-292.26M$-321.50M$-496.87M$-496.87M$-526.08M$-718.99M$-689.75M$-718.99M$-660.54M$-565.35M$-895.40M$-799.31M$-119.67M$-806.46M$-1.14B$-998.94M$-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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111242112854434354
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$5.28B$4.25B$3.46B$2.68B$2.30B$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$15.10B$14.96B$14.94B$14.92B$12.78B$12.17B$10.83B$9.61B$7.53B$7.53B$7.42B$7.40B$6.33B$5.09B$4.15B$3.21B$2.59B$2.70B$2.18B$1.99B$2.20B$2.39B$2.50B$2.81B$309.44M$2.40B$1.67B$637.39M$421.51M$14.34M
Low Forecast$11.29B$11.18B$11.16B$11.15B$9.55B$9.09B$8.09B$7.18B$5.63B$5.63B$5.54B$5.53B$4.73B$3.80B$3.10B$2.40B$2.01B$2.02B$2.18B$1.99B$1.93B$1.65B$1.87B$2.10B$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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111242112854434354
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$-0.25$-0.24$-0.25$-0.23$-0.23$-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$-0.07$-0.09$-0.10$-0.15$-0.15$-0.16$-0.21$-0.20$-0.21$-0.20$-0.22$-0.26$-0.24$-0.21$-0.23$-0.19$-0.30$-0.34$-0.35$-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$-0.14$-0.21$-0.21$-0.23$-0.31$-0.30$-0.31$-0.28$-0.24$-0.39$-0.34$-0.31$-0.35$-0.49$-0.43$-0.49$-0.52$-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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PSNYPolestar Automotive UK$1.11$1.7557.66%Hold
NIONIO$4.48$6.3341.29%Buy
RIVNRivian Automotive$13.65$17.3627.18%Buy
FFord Motor$10.03$11.4914.56%Buy
LILi Auto$25.49$27.156.51%Buy
XPEVXPeng$12.63$12.922.30%Buy
LCIDLucid Group$3.20$3.15-1.56%Hold
GOEVCanoo$1.54$1.50-2.60%Buy
TSLATesla$431.66$252.96-41.40%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 $3.15 with a range of $2 to $4, implying a -1.56% from its last price of $3.2. 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 down by -1.56% (from the last price of $3.2 to the average price target of $3.15), up by 25.00% based on the highest stock price target, and down by -37.50% based on the lowest stock price target.

Can Lucid Group stock reach $5?

LCID's average twelve months analyst stock price target of $3.15 does not support the claim that Lucid Group can reach $5 in the near future.

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 $3.96B, low $2.96B), average EBITDA is $-3.302B (high $-2.957B, low $-3.957B), average net income is $-744M (high $-642M, low $-935M), average SG&A $37.89B (high $45.39B, low $33.92B), and average EPS is $-0.32 (high $-0.276, low $-0.402). LCID's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $4.36B (high $5.22B, low $3.9B), average EBITDA is $-4.359B (high $-3.903B, low $-5.223B), average net income is $-558M (high $-482M, low $-701M), average SG&A $50.01B (high $59.93B, low $44.78B), and average EPS is $-0.24 (high $-0.207, low $-0.302).

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%