LCID Stock Price Predictions: Why One Analyst Thinks Lucid Can Gain 80%

InvestorPlace2022-03-02

Lucid Group(NASDAQ:LCID)reported earnings after the bell yesterday and the results were not pretty. Currently, LCID stock is down more than 15% today.For the period, revenue came in at $26.4 million, ...

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Comments

  • T8810
    2022-03-02
    T8810
    Oil is expensive 
  • soosoo
    2022-03-02
    soosoo
    Ok
  • Chawcs
    2022-03-02
    Chawcs
    Like
  • mster
    2022-03-02
    mster
    At least Lucid has a USP - they going after the rich with luxury cars, while most of the makers now are trying to ring in the money via mass productions. For every car Lucid sells, its competitor needs to sell 2. So if Lucidis a fashion brand, it could be Hermes in themaking. Do not write them out, but time is the essence.  
  • Lord Bagdonoff
    2022-03-02
    Lord Bagdonoff
    Maybe in 10 years but not betting on it
  • rL
    2022-03-02
    rL
    Production guidance 12k-14k a year is so disappointing. EV companies in China can deliver that amount in a month. [OMG] 
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