Hello and welcome to another price prediction. Today, I’ll be discussing Lucid Motor’s stock price prediction for 2024, 2025 and 2030. Do you know that the Lucid Motor Stock has declined by over 70% in the last 2 years? Investors of Lucid had a bad year. Let’s get started with our topic: Lucid stock price prediction 2025 and 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||$17.81|
|52 Week Low||$3.62|
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 2024
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 14.60 and 19.80 USD.
|Lucid Motors stock price prediction 2024||Min Price||Max Price|
|2024||14.60 USD||19.80 USD|
Lucid Motors stock price prediction 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 32.50 to 37.10 USD.
|Year||Lucid Motors stock price prediction 2025|
|2025||Min Price– 32.50 USD, Max Price– 37.10 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 70 and 75 dollars.
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|Year||Lucid Motors stock price prediction 2030|
|2030||Min Price–70 USD, Max Price–75 USD|
Lucid Motor stock price prediction 2024,2025,2030
|Year Wise Lucid Motor Prediction||Price Prediction|
|lucid Motors stock price prediction 2024||$14.60 to $19.80|
|lucid Motors stock price prediction 2025||$35.50 to $37.10|
|lucid Motors stock price prediction 2030||$70 to $75|
Lucid Stock FAQ
What is the 52-week high of Lucid Motors stock?
Lucid Motors Stock’s 52 Week high is $3.62
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 35.50 to 37.10 USD.
Disclaimer– This article is only for educational purposes. It is not investing advice. Please concern your financial advisor before any investment.