What is the target price for lucid Group stock?

Lucid Group Stock Forecast 03-24-2023. Forecast target price for 03-24-2023: $ 8.38. Positive dynamics for Lucid Group shares will prevail with possible volatility of 2.308%. Lucid Group Stock Forecast 03-25-2023. Forecast target price for 03-25-2023: $ 8.36. Negative dynamics for Lucid Group shares will prevail with possible volatility of 1.929%.

How much revenue will lucid generate in 2025?

Lucid expects to generate $14 billion in revenue in 2025 as it ships 135,000 vehicles and to generate $22.8 billion in revenue in 2026 from 251,000 vehicles. Here's a clearer breakdown of that ambitious roadmap: Data source: Lucid. But between 2026 and 2030, Lucid expects to double its annual shipments to 500,000.

Is LCID stock a good value?

Although far cheaper than it was at its high-water mark, LCID stock is pricey relative to the company’s current operating results. Lucid at current prices sports a $16 billion market cap, against trailing 12 month losses of around $1.9 billion, and a tangible book value of $3.2 billion.

Can lucid take a share of the global EV market in 2022?

On top of everything, Lucid expects to reach profitability by 2023. Of course, the biggest, most imminent test of whether there's any merit to these claims will be whether Lucid can take its targeted 0.6% of the global EV market share in 2022. There's clearly more to Lucid and its product than most other EV stocks out there.