The stock price of Lucid Motors will be $550 to $680 in 2040. The companys primary product is the Lucid Air, an electric vehicle with a range of over 400 miles. But if it fails to. "autosize": true, Lucid Motors has raised over $1 billion from investors including the Abu Dhabi Investment Authority, T. Rowe Price, and BlackRock. Lucid's planned four-year gap between a quarter-million and half-million deliveries seems more conservative than Tesla's two-year gap. Lucid Motors Corp is based in Menlo Park, California. The 7 analysts with a stock price forecast for Lucid Group have an average 12-month price target of $11.79, which predicts an increase of 48.49%. Required fields are marked *, Martin Eberhard and Marc Tarpenning established Tesla Motors in July 2003. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The average value of Lucid can be around $81.53 if everything goes as per our calculations. Therefore, I have provided a table of high, mid, and low predictions for 2019 and 2029 concerning expected values. Must Read: NIO stock price prediction 2023, 2025, 2030, 2040, 2050, Must Read: Apple stock price prediction 2022, 2023, 2025, 2030, 2040, 2050, Must Read: Amazon stock price prediction 2023, 2025, 2030, 2040, 2050, Must read: Ford stock price prediction 2023, 2025, 2030, 2040, 2050. This makes Lucids stock more accessible to a wider range of investors. Based on these predictions, I think that the value of Lucid stock may be between $179 and $206 per share in 2029. Lucid Motors is an American electric vehicle and technology company. By the end of FY24, the consensus estimates average revenue projections point to $5.77B. This would give the company a market capitalization of $33.6 billion at that time. Lucid Motors is an American car company that was established in 2007. The automotive industry is changing at a rapid pace, with the adoption of electric vehicles, autonomous driving, and other new technologies accelerating every day. The four-year gap between Lucids one-quarter million and half-million deliveries seems more conservative than Teslas two-year lag. If Lucid hits its growth targets and also trades at 12 times sales in 2030, it would be worth about $540 billion -- which would broadly miss the trillion-dollar mark, but still make it one of the world's most valuable automakers. Lucid Motors Stock price prediction 2022 | Lucid Stock Forecast 2022, Lucid Motors stock price prediction 2023 |Lucid stock Forecast 2023, Lucid Motors stock price prediction 2024 |Lucid stock Forecast 2024, Lucid Motors stock price prediction 2025 |Lucid stock Forecast 2025, Lucid Motors stock price prediction 2030 |Lucid stock Forecast 2030, Lucid Motor stock price prediction 2022,2023,2025,2030. The Lucid Air is a luxury sedan thats expected to become available for order in the first half of 2019. Lucid is expected to be in the profitable company zone in 2026. ); The Lucid stock has gained huge popularity in a short amount of time. Lucid Group (LCID -7.81%), the electric vehicle maker that went public by merging with a special purpose acquisition company (SPAC) last July, has often been compared to Tesla (TSLA -1.51%). Better EV Stock: Lucid Group vs. Faraday Future, Despite Its Falling 92%, Cathie Wood Is Buying More of This Growth Stock. Lucid Group is a 3 division company that ranges from Electric Vehicles, Technology and Renewable Energy. Ultimately, we believe the data is far too inconsistent to make any predictions with much confidence: its simply too difficult to tell whether or not Lucid will be able to continue its current trend of rapid growth in a competitive environment. However, if the market turns bearish, the minimum value of Lucid can be traded at around $25.04. In the stock market, nothing is impossible. While people are still searching on battery company, how to invest in Sila Nanotechnologies stock because theyre not a public company just yet, we can now buy Ludic Motors stock as its already a public company. With their innovative technology and strong team, Lucid Motors is poised to make a big impact in the years to come. Compared to our base-case financial projections for Tesla over the ten-year forecasted period as discussed in a recent analysis, Lucid's projected automotive sales of $30.1 billion by 2030. It had planned to deliver 20,000 vehicles in 2022, but it reduced that target to 12,000-14,000 during its fourth-quarter report in February. So, while there are no guarantees, investing in Lucid Motors could be a good idea for those looking to get involved in the electric vehicle industry. As per our price forecast, the average value of Lucid stock can be around $69.47 in 2028. Theyre not flashy and dont really burst off the page in photos or images, but only because of their subtle design and hidden profile. Required fields are marked *. If the market performs as per our calculation the maximum value of Lucid may touch $44.37 in 2026. Overall Lucid is expected to sell about 48,000 cars based on estimated delivery of Air model of 36,000 + 12,000 for Gravity model in 2026. Lucid stock price prediction for the year 2026 is $108.90. new TradingView.widget( As we have measured the performance of Lucid year by year it has gained continuously. Lucid is an emerging automobile maker and it has the potential to touch great highs in the long term. lucid Motors stock price prediction for 2025 will in between 48.50 to 55.10 USD. Intelligent investors predict that Lucid, Inc. stock will be worth approx $102.73 a share in 2026. As per our price forecast, the maximum price level of Lucid can be between $50 to $65 in the next 5 years, if current growth continues. explore What is the 5-year forecast for NIO? Lucid Motors Stock Forecast 2030. Here's WhyFree Stock & Crypto Trading Deposit. So, there you have it. The automobile firm Lucid Group, Inc. is dedicated to designing, developing, producing, and marketing electric vehicles, EV powertrains, and battery systems internally with its own resources and facility. Lucid Motors Stock Prediction 2025: 936% Revenue Growth Stocks: LCID, NKLA, TSLA Lucid Motors Stock Prediction 2025: 936% Revenue Growth By Mike Stenger, Associate Editor, Money Morning. Your email address will not be published. Savings Accounts: A savings account is a great way to grow your money while keeping it safe and accessible. Are you looking for some accurate and trustable lucid motors stock price prediction and forecast (NASDAQ:LCID)? As per our forecast, the maximum value of Lucid stock can be around $17.56 by 2023. However, you can invest as per your wish in the stock of the company and get your return. Many traders can be curious to know whether Lucid stocks can hit a $100 cap or not. With a market cap of $35 billion, Lucid currently trades at 27 times this year's sales. The company is currently working on building its first factory in Arizona to produce the car. It is important to do your own research and speak with a financial advisor before making any investment decisions. Another potential issue is that Lucid has been producing cars for a few years now, but it still hasnt sold any of them. The automotive industry is changing at a rapid pace, with the adoption of electric vehicles, autonomous driving, and other new technologies accelerating every day. If the market gets bullish, Lucid may surge more than our forecast. Complete information about Lucid stock prediction 2030 is given in this article. Lucid motors stock price prediction 2030 We predict future clear stock price as $9.2, which means 0.74 times from now in the year 2018. There are many factors that can affect a companys stock price. What will lucid stock be worth in 10 years? The lucid motors stock price prediction for 2022 will therefore be in the region of 8.50 USD to 9.80 USD taking into account the existing scenario. They are making significant progress in the electric vehicle industry and have attracted the attention of major investors. } Investors in the stock market had a bad year. If it needs to cut its production targets again or revise its long-term roadmap, it could struggle to maintain its current valuation and its stock could crash. The lowest target is 5.00 and the highest is 19. So, if youre investing for the long term, its reasonable to expect that the stock price of Lucid will be higher in 10 years than it is today. Lucid is launching its SUV in 2023, the project Gravity. If current growth continues, our maximum forecast for Lucid is $31.26 in 2025. "style": "2", Lucid Motors is a company specializing in the development of high-performance electric vehicles. The vehicle uses two electric motors with a combined power output of 1,000 horsepower and 1,600 lb-ft of torque. The company was founded by former Tesla executives with the intention of developing high-performance electric cars for a wider audience than whats currently available on the market. Lucid Stock Price Future Lucid Motors Stock Price Prediction According to 2027, Lucid Motors share price is expected to rise to a minimum of $127.56 per share by 2027. The car is equipped with a 90 kWh battery that enables it to go up to 400 miles per charge. It already expanded into Canada last year, and it's gearing up to enter the Europe, Middle East, and Africa (EMEA) market this year with its first factory in Saudi Arabia. As per some market analysts, Lucid stock will recover once the market sees any positive environment. To make the world smarter, happier, and richer. Lucid plans to increase its annualized production run rate from 20K by 2022 to 500K by 2030. Talking about Lucid motors stock price prediction 2029, then if you buy Lucid stock now, the stock may hit its all-time low. They also are focused on expanding to the European market, as well as, the Middle East if not in 2022 than early. The CEO of Lucid Motors is an expert in the field of battery technology. Save my name, email, and website in this browser for the next time I comment. Customers can place pre-orders for the car now. Ans- Lucid Air EVs Will Be Able To Charge At Tesla Supercharger Stations One Day. I'm also include news portal for all money making ideas. Read this article completely and get complete information. Lucid Motors is a relatively new company and it is difficult to say how they will perform in the long term. Lets get started Lucid motors are an electric car and truck company.