What's Going On With EV Maker Lucid Stock Today?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 29 2024
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Source: Benzinga
Lucid Gravity Launch: Lucid Group, Inc. will open customer orders for the Lucid Gravity SUV on November 7, with the Grand Touring trim starting at $94,900 and featuring over 800 horsepower and a range of over 440 miles. Production for this model is set to begin in late 2024.
Market Performance: LCID stock has declined over 38% in the past year, currently trading at $2.47, while investors can gain exposure through various green energy ETFs. The CEO emphasizes the SUV's versatility and advanced technology aimed at enhancing performance and interior space.
Analyst Views on QCLN
Wall Street analysts forecast QCLN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QCLN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 51.060
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Current: 51.060
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
