Welcome to price prediction article on Lucid Motors
Lets look at the Lucid motors stock price prediction by few of the reputed agencies
CFRA RESEARCH-
Lucid motor price prediction by CFRA research .CFRA has a price target of $35, Bullish on the new manufacturing factory and proprietary technology as positive things happening in the company
CITY GROUP
Has a price target of $28, Analyst believes that Lucid Motors technology is far better than other EV manufacturing companies and also the brand power of Lucid motors is much stronger.
MORGAN STANLEY
Has the lowest price evaluation in the wall street of $12, reasoning the analyst give is that its just over valued now and that the time appreciation in recent times is because of the retail segment rather than institutional.
Lets know about Lucid Motors
An Electric vehicles manufacturing company Lucid motor aims to compete with TESLA MOTORS in order to become a world leader in electric vehicle market.
Lucid Motors is not only aiming to make the best electric cars in the market but also making sure that each vehicle has an better performance in each area.
Lucid Motors History
Lucid Motors was founded in 2007 by Bermard Tesla, former Vice President of Design and Product developments at Tesla, Bermard Tesla led the development of the Tesla Model S.
Lucid Motors is a company specializing in the development of the high-performance electric vehicles
overview of Lucid Motors
| COMPANY | DETAILS |
|---|---|
| Company Name | Lucid Motors |
| Stock Price | 13.85 USD |
| Year of foundation | 2007 |
| Founders | Bernard Tesela, Sheaupying Lin, Sam Weng |
| headquarters | Newark California, United States |
| Number of Employees | 3900 by Dec 2021 |
| Revenue | $0.18B |
Lucid Motors first electric vehicle is a Sedan called as Lucid Air it cost around $169000.
As per Rawlison (Lucid CEO) Lucid second vehicle and electric SUV called Gravity will be out for sale by first half of 2024
Lucid Motors stock Price Predictions
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2022 | $18.20 | $43.60 | $50.80 |
| 2023 | $52.80 | $89.90 | $74.20 |
| 2024 | $75.20 | $82.6 | $90 |
| 2025 | $90 | $97.5 | $105 |
| 2026 | $105.20 | $172.75 | $120 |
| 2027 | $125 | $132.5 | $140 |
| 2028 | $145 | $157.5 | $170 |
| 2029 | $175 | $192.5 | $210 |
| 2030 | $220 | $240 | $260 |
| 2040 | $450 | $465 | $480 |
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FAQ
Lucid Motors stock price will cross $100 by 2025
NO, Lucid Motors have a long way to go to reach Tesla production and sales speed