Hello and welcome to another price prediction. Today, I’ll be discussing Lucid Motor stock price prediction for 2022, 2023, 2025, and 2030, Lucid Stock Forecast 2022,2023,2025. Do you know that the S&P 500 index will decline by over 24% in 2022? Investors in the stock market had a bad year. Let’s get started with our topic: Lucid stock price prediction 2022, 2025, 2030.
About Lucid Motors
|Category||Electric Vehicle (EV)|
|Headquarters||Newark, California, USA|
|Founders||Bernard Tse, Sheaupyng Lin, Sam Weng|
|Chief Executive Officer||Peter Rawlinson|
|52 week High||$21.87|
|52 Week Low||$6.09|
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. The Company created its ground-breaking electric car, the Lucid Air, as a result of its emphasis on internal technology innovation, vertical integration, and a fresh start in engineering and design.
The entirely electric car Lucid Air is designed for post-luxury customers. The greenfield Advanced Manufacturing Plant-one electric car production plant in Casa Grande, Arizona, is where the Lucid Air is made. Through its network of retail stores and through direct online sales, it sells automobiles to customers directly.
Lucid Motors Stock price prediction 2022 | Lucid Stock Forecast 2022
The majority of analysts rate Lucid Motors as a buy. let’s see expert opinion on lucid motors stock.
In my opinion, the combination is somewhere between a Tesla and a Ferrari -Bank of America’s John Murphy
The Air sedan from Lucid is now the longest-range electric car, sometimes even surpassing Tesla-Redburn, Charles Caldicott
Lucid stock is rated as Buy/High Risk by us. Fundamentally, we have positive things to say about the Lucid narrative and how it fits into the EV/Car of the Future theme- Itay Michaeli, Citi Group
Currently, the market is not doing well, and Lucid Motors is experiencing some production problems. The lucid motors stock price prediction for 2022 will therefore be in the region of 7.50 USD to 8.80 USD taking into account the existing scenario.
|Year||Lucid motors stock price prediction 2022|
|2022||Min Target– 7.50 USD, Max Target– 8.80 USD|
Lucid Motors stock price prediction 2023 |Lucid stock Forecast 2023
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As evidence of its product leadership, Lucid kept hitting significant milestones.
At the Goodwood Festival of Speed, we made the 1,050 horsepower Lucid Air Grand Touring Performance début and set the quickest time ever for a production car in the timed Shootout.
Moreover, there is still a high demand for our vehicles, as seen by the more than 37,000 reservations we have received from customers, which might result in sales of almost $3.5 billion.
In spite of all this great momentum, we encountered supply chain and logistics issues that hindered our ability to ramp up production quantities. These issues were made worse by the inadequacies of our logistics systems.
Because of this, we are lowering our 2022 production forecast to a range of 6,000 to 7,000 vehicles (Lucid Motors)
By considering the popularity and requirement of their new products Lucid Motor’s stock price prediction for 2023 will be in the range of 11.20 USD to 12.50 USD.
|Year||Lucid motors stock price prediction 2023|
|2023||Min Target–11.20 USD, Max Target–12.50 USD|
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Lucid Motors stock price prediction 2024 |Lucid stock Forecast 2024
34,000 Lucid Air vehicles can be produced annually at Lucid’s Casa Grande, Arizona, AMP-1 vehicle production facility.
Once complete, the Phase 2 extension will boost installed capacity to 90,000 Air & Gravity vehicles.
By early 2023, AMP-1 Phase 2 will have added 2.85 million square feet and will be able to accommodate 90,000 units annually.
In order to generate the most electric vehicles possible, they are expanding their production capacity and being ready for the future.
Therefore, taking into account their future plans, Lucid Motor’s Stock price prediction for 2024 is between 18.60 and 25.80 USD.
|Lucid Motors stock price prediction 2024||Min Price||Max Price|
|2024||18.60 USD||25.80 USD|
Lucid Motors stock price prediction 2025 |Lucid stock Forecast 2025
The future of Lucid depends critically on its capacity ramp-up capabilities by 2025. By the end of FY24, the consensus estimates’ average revenue projections point to $5.77B.
The most conservative forecast, however, likewise predicts $4.88B in sales. The Street is therefore reasonably sure that Lucid will begin production.
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By doing a fundamental analysis and taking into account numerous variables, the forecast for the Lucid Motors Stock price prediction for 2025 is 40.50 to 45.10 USD.
|Year||Lucid Motors stock price prediction 2025|
|2025||Min Price– 40.50 USD, Max Price– 45.10 USD|
Lucid Motors stock price prediction 2030 |Lucid stock Forecast 2030
The future belongs to the electric automobile. To reduce pollution, the world is attempting to replace diesel automobiles with electric ones.
By delivering around 251,000 vehicles, including 42,000 sedans, 134,000 SUVs, and 75,000 new models, Lucid anticipates making $22.8 billion in revenue in 2026. By 2030, it anticipates its yearly exports to roughly treble to 500,000.
Thus, the forecast for Lucid Motors Stock price prediction for 2030 is that it will trade between 120 and 135 dollars.
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|Year||Lucid Motors stock price prediction 2030|
|2030||Min Price–100 USD, Max Price–120 USD|
Lucid Motor stock price prediction 2022,2023,2025,2030
|Year Wise Lucid Motor Prediction||Price Prediction|
|lucid Motors stock price prediction 2022||$7.50 to $8.80|
|lucid Motors stock price prediction 2023||$11.20 to $12.50|
|lucid Motors stock price prediction 2024||$18.60 to $25.88|
|lucid Motors stock price prediction 2025||$40.10 to $45.10|
|lucid Motors stock price prediction 2030||$100 to $120|
Lucid Stock FAQ
What is the 52-week high of Lucid Motors stock?
Lucid Motors Stock’s 52 Week high is $21.87
What will be the Lucid Motors stock price prediction in 2023?
By considering the popularity and requirement of their new products lucid Motors’ stock price prediction in 2023 will be in the range of 11.20 USD to 12.50 USD.
What will be the lucid Motor stock price prediction in 2025?
The future of Lucid depends critically on its capacity ramp-up capabilities by 2025. By the end of FY24, the consensus estimates’ average revenue projections point to $5.77B. lucid Motor’s stock price prediction for 2025 will in between 40.50 to 45.10 USD.
What is the 52-week Low of Lucid Motors Stock?
Lucid Motors Stock’s 52 Week low is $6.09.
Disclaimer– This article is only for educational purposes. It is not investing advice. Please concern your financial advisor before any investment.
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