Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Operating at the intersection of technology and the automotive industry, Lucid Group, Inc. specializes in the development of electric vehicle (EV) technologies. The company is responsible for the complete cycle of designing, engineering, and manufacturing electric vehicles, including their vital powertrain and battery systems. By the end of 2021, Lucid had expanded its physical presence to twenty retail studios across the United States. The company was founded in 2007 and is headquartered in Newark, California.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers.
Target Price
The average target price of LCID is 8.5 and suggests 64% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increas