Wall Street analysts keep a little bit up to the Lucid (Nasdaq: LCID) stock during the next year as fluctuations continue to increase.
Currently, LCID remains less than the 3 $ 3 -dollar resistance level, struggling to restore the highest annual level of $ 3.48. As of the time of the press, the LCID shares were traded at $ 2.56, a decrease of 3.7 % from the last market closure. Year to date, the share decreased 15 %.
While Lucid faces intense competition from leaders such as Tesla (Nasdaq: TSLA), many basic basics indicate the possibility of future growth.
It is worth noting that the latest version of Gravity Suv is expected to boost sales significantly. Analysts increase 73 % in 2025, followed by another 96 % jump in 2026.
The launch of the lucid vehicles coming in the comprehensive market of the company can help get a greater stake in the EV market, which may go beyond the hegemony of Tesla.
The LCID price is predicted in Wall Street
As for the expectations of the stock prices, the Wall Street analysts included wiping it Tipranks Providing a mixed view. Based on the consensus of 10 analysts, the average target price for LCID is $ 2.54, and it represents a simple negative aspect of 0.78 % of its current level.
The price goals range on a large scale, from a decrease of dollars to $ 5. Despite the average silent expectations, the feelings generally tend to classify the “comment”. Among the ten analysts, Seven recommends to retain LCID shares, two advice for sale, and only one suggests purchase.
Analysts take the price of Lucid share
Among them, Chris Pears from Nidham maintained the “Comment” classification on May 7 after the Lawsid first profit report. He cited the growth of revenues by 35.7 % on an annual basis and the generation of promising SUVs as positives that could help revive the brand and increase production. However, Pierce remained cautious due to the Lucid rating, which is about 12.5 times trading in the expected Ebitda 2029, has been modified to the current value.
Likewise, Stephen Jinjo from Stifel repeated the “Hold” rating on May 12, setting a price of $ 3. The analyst highlights the power of the powerful Lucid Q1 2025, manage effective costs, and progress towards production goals. However, a sign of high cash burning and potential capital needs as major risks.
Meanwhile, TD Cowen began coverage on May 8 with “Hold” classification and $ 2.30. The Ity Michaeli analyst described Gravity as a potential transformation point, but raised concerns about the sharp start rate of about $ 95,000. Michaeli warned that the arrow may be struggling to gain momentum without strong early sales.
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