The stock market has always been a risky endeavor, with unpredictable trends and outcomes that can leave even the most experienced investor scratching their head.
But, with the help of advanced technologies like artificial intelligence, stock price prediction can become far more accurate and reliable.
In this price forecast, you will learn the exact predicted price of Lucid stock 5, 10, and 15 years down the line. Next, I’ll take you through the fundamentals of the Lucid stock and see whether it’ll be the right buy for you or not!
By the end of this article, you’ll get to know:
- Lucid stock price prediction for the years 2022, 2023, 2025, 2030, 2040 & 2050
- Whether you should buy Lucid stock now
- Lucid Motors Strengths and Weaknesses
Before getting into the details of the stock’s price prediction, here are some key data about the Lucid stock along with its growth potential & financial strength.
About Lucid Motors (LCID)
If Lucid Motors USA, Inc. in Newark, California, has its way, it won’t be long before it becomes a household brand.
Established in 2007 and operating in the heart of Silicon Valley, the business revealed its first model at the New York International Auto Show in April 2020, after years of operating covertly.
The all-electric vehicle, known as the Lucid Air, features two AC induction motors that produce a staggering 1,000 horsepower.
That’s right, 1,000 pounds of forward thrust that promises to revolutionize the automotive industry.
Keep an eye out for Lucid Motors USA, Inc. – the future of electric vehicles is here!
Who owns Lucid Motors?
In 2013, Peter Rawlinson was brought on board as CTO of Lucid Motors, an ambitious venture to create the world’s finest cars.
In 2019 he would ascend even further and become CEO. Before his tenure with Lucid Motors began, however, he had served under Elon Musk as chief engineer for the Model S project – a feat which likely inspired him to try and outdo his previous mentor by creating something far superior in every way possible.
Lucid Motors aims at
- Sustainability
Lucid aims to create effortless vehicles, empowering, and designed for every type of transportation – granting sustainable mobility without a single sacrifice.
At Lucid we value efficiency greatly as it is important for us to use the most minimal resources available in our cars.
This means that each vehicle from Lucid provides an outstanding range with no detriment to its tremendous performance or lavish comfort.
- Leadership
Our Silicon Valley base of operations is deeply enriched by the immense expertise that Lucid’s executive staff has to offer, having worked in both the tech and automotive industries.
Leveraging this exclusive EV technology, we are pushing forward into a more sustainable future as they help us create innovative designs for every vehicle we manufacture.
Lucid Motors Key Statistics
| Valuation Parameters | Values/Prices |
|---|---|
| Exchange Name | NASDAQ All Markets |
| Market Cap | $23.34 B |
| 52-week High | $57.75 |
| 52-week Low | $11.87 |
| Cash on Hand | $3,157.45 M |
| Beta (5Y Monthly) | 0.57 |
| EPS (TTM) | -1.12 |
| Revenue | $181.63 M |
| Gross Profit | $-511.47 M |
| EBITDA | $-1,723.26 M |
| Earnings Date | Nov 14, 2022 – Nov 18, 2022 |
| PE Ratio (TTM) | N/A |
| Number of Employees | 200 |
| Volume | 14,151,601.00 |
| EX-Dividend Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| 1Y Target Est | 24.03 |
The above table shows the important parameters & the corresponding values for Lucid Motors. The above data is dated 28th October 2022. For live & current data visit yahoo finance.
Lucid Strengths & Weaknesses
Strengths
- Electric vehicles (EV): 22.60% per year between 2020 and 2027 globally
- Growing quarterly revenue
- Growing annual revenue
- Growing annual revenue in the last 3 years
- Better annual revenue growth than peers
- Better 3-year revenue growth than peers
- Growing quarterly operating income
- Declining annual CapEx
- Growing cash & cash equivalent in the last year
Weaknesses
- Auto manufacturers: 4.80% per year between 2020 and 2025 globally
- Consumer cyclical: 3.90% per year between 2020 and 2023 globally
- Worst quarterly revenue growth than peers
- Declining or flat quarterly gross profit
- Declining or flat annual gross margin
- Worst quarterly EBITDA growth than peers
- Worst annual EBITDA growth than peers
- Worst 3-year EBITDA growth than peers
- Declining or flat annual gross profit in the last 3 years
- Declining or flat annual operating income
Lucid Stock Price LIVE Today
Price Range & Analysts’ Target
Price Range
Potential upside based compared to 52-week high and low based on 2 analyses.
Analysts’ Price Target & Recommendation
Mostly buy recommendation with expected upside based on 2 analyses.
Lucid Stock Price Prediction Chart
Lucid Stock Price Prediction 2022
Based on Lucid’s Stock Price Prediction for 2022, it is anticipated that the stock will reach a low of $18.00, a medium range of $19.25, and an upper limit of $20.50.
These predictions are derived from thorough analysis using both technical data as well as competitive industry insights.
| Range | Lucid Stock Price Prediction 2022 |
|---|---|
| Lower | $18.00 |
| Medium | $19.25 |
| High | $20.50 |
Lucid Stock Price Prediction 2023
2023 may bring some interesting developments for Lucid’s stock price prediction.
According to an analysis of both technical and industry data, the projected range can be expected to reach a low of $22.50, a medium value of $24.25, and finally, peak at around $26.00 at its highest point – giving investors plenty to consider when making their choices in the market!
| Range | Lucid Stock Price Prediction 2023 |
|---|---|
| Lower | $22.50 |
| Medium | $24.25 |
| High | $26.00 |
Lucid Stock Price Prediction 2025
By 2025, the Lucid stock prediction platform suggests a lower bound of $34.00, an average range of $36.50, and a higher-end figure of around $39.00 – all based on comprehensive technical analysis as well as comparison to similar companies in the industry.
| Range | Lucid Stock Price Prediction 2025 |
|---|---|
| Lower | $34.00 |
| Medium | $36.50 |
| High | $39.00 |
Lucid Stock Price Prediction 2030
Analysts are predicting that, according to Lucid’s stock price forecasts for 2030, the share will have a low value of $98.50, an average estimate of $105.00, and a high point of $112.50 These estimates are based on the technical assessment as well as comparison with other companies in the same sector.
| Range | Lucid Stock Price Prediction 2030 |
|---|---|
| Lower | $98.50 |
| Medium | $105.00 |
| High | $112.50 |
Lucid Stock Price Prediction 2040
Lucid Stock Price Prediction for 2040 forecasts that the stock could reach a lower range of $610, with a medium range of $651 and an upper limit of $696. The prognostication is based on technical evaluations as well as competitor analysis within the industry.
| Range | Lucid Stock Price Prediction 2040 |
|---|---|
| Lower | $610 |
| Medium | $651 |
| High | $696 |
Lucid Stock Price Prediction 2050
By 2050, according to Lucid’s stock price prediction, the stock is anticipated to reach a minimum of $798.80 per share, with an intermediate target of $816.65 and a peak value of $887.24.
This forecast is based on comprehensive technical and industry competitor analyses conducted by their AI-based system.
| Range | Lucid Stock Price Prediction 2050 |
|---|---|
| Lower | $798.80 |
| Medium | $816.65 |
| High | $887.24 |
Lucid Financial Strengths
- Revenue – Strong and growing revenue
- Profitability – Struggling with profitability
- Costs – Struggling with managing costs
- Margins – Struggling with managing or growing its margins
- Free Cash Flow – Struggling with generating or growing Free Cash Flow (CFC)
- Cash & Debt – Acceptable cash vs. debt level with some challenges
- Financial Resilience Ratios – Acceptable financial resilience status with some challenges
- Management Effectiveness – Inefficient use of assets, equity, and capital
Lucid Stock Price Prediction 2022, 2023, 2025, 2030, 2040, 2050 | Lucid Stock Forecast
At wealthdart.com, we provide you with a comprehensive overview of Lucid Stock’s price predictions for the years 2022, 2023, 2025, 2030, 2040, and 2050 based on fundamental analysis such as technical indicators and Elliott wave theory combined with artificial intelligence (AI) technology.
It is worth noting that any prediction or projection provided here should be taken as nothing more than an educated guess by experts or analysts; there is no guarantee it will be accurate in reality.
Still, we strive to give you the most up-to-date and reliable stock forecasts possible using our powerful AI capabilities to analyze past historical data related to Lucid Stock prices.
| Year | Lower Range | Medium Range | High Ranger |
|---|---|---|---|
| 2022 | $18.00 | $19.25 | $20.50 |
| 2023 | $22.50 | $24.25 | $26.00 |
| 2025 | $34.00 | $36.50 | $39.00 |
| 2030 | $98.50 | $105.00 | $112.50 |
| 2040 | $610 | $651 | $696 |
| 2050 | $798.80 | $816.65 | $887.24 |
The table above outlines the future price projections for Lucid Stock from 2022 to 2050.
Through combining fundamental, technical, Elliott wave, and AI analysis of historical pricing data along with expert insights on its predicted stock forecast, these predictions offer a comprehensive view into what lies ahead in terms of Lucid’s share value over time.
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Lucid Growth Potential
Limit or no growth potential driven by the sectors, industries, and core markets the company operates in based on 3 analyses.
Why Should You Buy Lucid Stock?
High-growth businesses have found it increasingly difficult to thrive this year, even though the stock market as a whole has experienced some turbulence.
Investors are now seeking out value companies to safeguard their investments from economic issues such as the war in Ukraine, rising interest rates, and inflation at historic levels.
Lucid Group (LCID 0.86%) is one of those growth firms that were heavily impacted by these macroeconomic difficulties – its share price dropping 59.8% since January 1st, 2020 alone!
Is now an appropriate time for investors to reconsider investing in Lucid’s stock?
Let us explore both sides of the coin when evaluating if investing in LCID might be beneficial or not.
Advantages Of Lucid Motors Stock
Electric vehicles (EVs) are the way of the future and a trend that is only growing in popularity.
In 2020, an estimated 3 million EVs were sold worldwide – but this number is expected to skyrocket by 2040, with Bloomberg projecting it to reach 66 million units – or two-thirds of all car sales at that time.
As such, Fortune Business Insights anticipates the global EV market value will increase from $287.4 billion in 2021 to approximately $1.3 trillion eight years later at a compound annual growth rate (CAGR) of 24.3%.
With so much potential for profitability on offer over this period, investors still have plenty of opportunity to benefit from what looks set be one heckuva secular boom!
The latest financial report from Lucid Group shows they have an impressive 37,000 reservations for their automobiles, indicating potential sales of up to $3.5 billion.
This contrasts starkly with the current second-quarter revenue total of only $97.3 million and 679 cars delivered in that same period – clearly, there is still great demand for these vehicles despite some execution issues on behalf of the company.
Moving forward it will be interesting to see if Lucid can translate this customer interest into meaningful profits; however, one thing seems certain – its income potential remains very strong when compared to present performance levels.
Disadvantages Of Lucid Motors Stock
The EV market is increasingly competitive, with Lucid Group being one of the major players in this sector.
However, their second quarter results were concerning, to say the least – losing $2,200.4 million and burning through $823.4 million of cash reserves.
This has left many investors questioning the company’s ability to remain profitable in such a volatile environment and raised doubts about management’s understanding of current conditions given that other competitors have yet to reduce production targets for 2022 despite similar circumstances.
Rivian Automotive continuing its plan for 25,000 units produced by year-end makes this especially true.
Therefore it seems clear that investing in Lucid stock at present could be a risky endeavor due to these issues and competition from rival firms
Should Investors Buy Lucid Stock Today?
It is evident that Lucid Group has great potential in the long term, but there are several risks associated with investing in its stock at this point.
The company’s current financials display heavy losses and they have been unable to meet production goals despite increased competition.
Therefore, it may be more prudent for investors to look towards stocks such as Tesla or Rivian which have a much better outlook for 2022 than Lucid does currently.
In any case, those who want to make investments in EV companies should exercise caution when looking at Lucid until further progress has been made by the firm.
Lucid Automotive (LCID) Earnings Report
FAQs On Lucid Stock Price Prediction
What will Lucid stock be worth in 5 years?
Lucid is a rapidly expanding business. Therefore, we predict that Lucid’s stock price will be valued at about USD 127 in 5 years.
When Will Lucid Stock Reach $1,000?
According to the most recent data examined by AI-based Elliott Wave and Technical analysis, Lucid Stock can reach $1,000 in 2044–2045.
What Will Lucid Stock Be Worth in 10 Years?
According to our price forecast for Lucid, we anticipate that in ten years the stock will be valued at roughly USD 315.
What will be the Lucid Stock Price Prediction 2022?
The stock price is anticipated to reach a maximum level of $20.50 at the end of 2022, according to the Lucid Stock Forecast 2022 and Lucid Stock Price Prediction 2022. (Updates will occur every 15 days)
How Much Will Lucid Stock’s Value Increase in 2040?
Forecast data for Lucid Stock indicates that it may hit its peak price of $696 by 2040.
What Is the Current Stock Price of Lucid Motors?
The current stock price of Lucid Motors is around $14.
What Is the Stock Symbol for Lucid Air?
The stock symbol for Lucid is LCID.
Conclusion
Now, I would like to hear from you.
What’s your decision on investing in Lucid Motors?
Did you like our Lucid Stock Price Predictions? Or have any suggestions?
Either way, let me know by leaving a comment below right now. Also, share this useful piece of information with all your investment friends to help them too.
Rahul empowers clients to secure their finances through wealth building & management. With 3+ yrs experience & a Master’s, he’s a leading financial advisor known for careful planning & risk management. An avid traveler in his downtime.
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