Stock Price & Analysis

Based on the provided data and recent market activity, here's a concise analysis of LCID stock:

Technical Analysis The stock is currently trading at $3.07, showing bearish momentum with RSI at 56.69 indicating neutral territory. The stock is trading near its SMA20 of $3.06, suggesting a period of consolidation.

Recent Performance

• Current Price: $3.07 (as of Jan 17, 2025)
• Pre-market change: +1.30%
• Regular market change: -0.32%

Key Developments

1. Lucid has started production of its new Gravity SUV, which could help boost sales in 2025.
2. Analysts project sales growth of 118% in 2025, significantly higher than competitors Tesla (16.6%) and Rivian (11.6%).

Challenges

1. Chinese EV competition poses a significant threat, with companies like BYD offering vehicles at much lower price points.
2. The company continues to face production challenges, with only modest increases in vehicle deliveries.

Analyst Consensus Recent analyst ratings show mixed sentiment:

• Cantor Fitzgerald: Hold rating with $3 price target (Jan 7, 2025)
• RBC Capital: Hold rating with $2 price target (Nov 19, 2024)

Recommendation SELL - Despite potential growth catalysts from the Gravity SUV launch, the combination of intense competition from Chinese EV makers, production challenges, and current market conditions make LCID a risky investment at current levels.

Based on the provided data and recent market analysis, here is the price prediction for LCID stock in 2025:

LCID stock is expected to trade around $4.50 by mid-2025, representing a potential 46% upside from current price of $3.07, driven by the launch of its Gravity SUV and projected 118% sales growth in 2025. However, the stock faces significant headwinds from intensifying competition from Chinese EV makers and ongoing cash burn concerns.

The stock could decline to $2.79 by early 2025 if profitability concerns persist and cash burn rates remain elevated, as highlighted by CFRA analyst's cautious outlook despite recent delivery beats.

The S1 support level for LCID Stock is $2.68 ,The R1 resistant level for LCID Stock is $3.16.

As of the end of day on 2025-01-24, the price of LCID Stock was $2.79.

The target price for LCID Stock according to analyst rating is 2.91, with the highest price target at 4.00 and the lowest at 2.00. Analysts have a Hold rating on LCID Stock overall.

The market cap of LCID is $8.4B.

Based on the provided data, LCID appears significantly overvalued considering multiple key metrics. The company's negative gross margins of -106.23% in Q3 2024 indicate severe operational inefficiency. The price-to-sales ratio remains elevated at 11.15x in Q3 2024, substantially higher than industry peers like Rivian at 3.0x. Despite projected sales growth of 118% in 2025 with the Gravity SUV launch, persistent negative net margins (-496.14% in Q3) and accelerating quarterly losses (-$949.6M in Q3) raise serious concerns about sustainability. The intensifying competition from Chinese EV makers like BYD offering vehicles at $19,000-30,000 price points creates additional pressure on Lucid's premium pricing strategy. The stock has already lost 89% value since 2021 IPO, with a $50 investment now worth only $5.

Lucid Group, Inc. is a technology company. The Company is focused on designing, developing, manufacturing electric vehicles (EV), EV powertrains and battery systems in-house using its own equipment and factories. It offers its own geographically distributed retail and service locations and through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. The Lucid Air is manufactured at its greenfield EV manufacturing facility in Casa Grande, Arizona, Advanced Manufacturing Plant-1 (AMP-1). It owns and operates a vehicle service network comprised of service centers in metropolitan areas and a fleet of mobile service vehicles.

Based on the provided data and market analysis, here's a price prediction for LCID stock by 2030:

LCID stock could reach approximately $8-10 by 2030, driven by the company's expansion into more affordable EV segments with its planned sub-$50K mid-size SUV launch in late 2026. The stock faces significant near-term headwinds with limited production volumes around 9,000 vehicles annually and substantial cash burn, but Saudi Arabia's continued financial backing provides stability for long-term growth.

The company's ability to compete with Chinese EV makers entering global markets with much lower price points will be crucial for achieving this target price.

LCID has a total of 6500 employees.