Lucid Group Stock Buy or Sell? LCID Stocks Forecast

Market Capitalization: 14 992 368 000 $
EBITDA: -2 407 408 128 $
Price to Earnings: None
Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: 8.77
Trailing PE: -
Forward PE: -
Shares Outstanding: 1830570000

Lucid Group Stock Buy or Sell? LCID Stocks Analytic Forecasts

March 31, 2023 (23:38)

Lucid Group, Inc. (LCID) Sector: Consumer cyclical

We present you the most up-to-date and complete review of analytical trend forecasts and views on the LCID stock market. Experts share their opinions on what to expect from the Lucid Group, Inc. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell Lucid Group stocks.

Lucid Group, Inc. Stock Market Experts’ Analysis and Forecasting – Sell or Buy LCID Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of Livy Investment Research and is titled

“Lucid: Job Cuts, Incentives, Demand Risks”

is published on March 30 (2023) and has 0 likes. The review predicts Neutral market trend.

It summarize the following theses:

  • A read-through of Lucid’s most recent earnings release shows several contradicting points that may very well be pointing to a setback in its near-term demand environment.
  • In addition to macroeconomic challenges, company-specific inefficiencies in managing supply and logistics last year have led to an erosion of demand momentum observed earlier on.
  • With productions no longer a gating factor at Lucid, the mediocre sales reported in the fourth quarter have accordingly dialed-up investors’ angst about its near-term prospects as consumption weakens further.
  • The following analysis will zero-in on potential drivers of demand risks facing Lucid under the current market climate, as well as the impact of recently announced job cuts and vehicle purchase incentives on the stock’s near-term prospects.

The author starts his analytic review with the following:

Lucid’s (NASDAQ:LCID) value has declined close to 90% from its peak, with the stock now trading much more in line with the broader peer group. The drag has been primarily driven by a combination of disappointing production and delivery volumes, and a deteriorating macroeconomic backdrop that has pared unfavourably with the company’s capital-intensive and unprofitable nature.

The opinion of the author can be considered quite authoritative.
The number of 7002 followers confirms this.
Livy Investment Research is the contributor of experts community
since 2021 and has 302 works published.

One more noteworthy article is written by The Long View Investor under the title

“Lucid Group: Not Healthy, But Has A Few Ways To Cheat Death”

on March 22 (2023) and has 0 likes. The expert reflects Neutral trend of the market.

Нis theses make you think about whether to add LCID stocks to your investment portfolio or not, and helps to work out your own Lucid Group stock selling strategies:

  • Lucid has seen a harsh pullback in its stock price, and has announced unexpected production cuts compared to initial expectations.
  • As a startup, it’s an inherently risky investment; financial fragility, production and demand concerns, and competitive pressures are a constant threat.
  • I believe that the company has a decent chance at survival, since it can access more capital to sustain itself if necessary.
  • However, it still has to prove its mettle before I would consider recommending it as a long-term investment.

The Long View Investor starts analysis with such words:

Thesis The popularity of electric vehicles (EVs) over the past several years is undeniable. From finance media coverage to EV consumer sales over the past decade, EVs have been all the rage. EV demand in the United States (US) is no exception; battery electric vehicle (BEV) registrations doubled in 2022, and survey results by Deloitte show that American demand continues to exceed sales. Clearly, EV demand is booming, especially in the US.

The expert’s Followers level is low yet – less 100, but that will probably change soon.

The Long View Investor is the contributor of experts community since 2023

Another analysis presented by On the Pulse came out on March 22 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for LCID stocks. It sounds like

“Lucid: Underrated Despite Revenue Expectations And Production Ramp”

Article has got 5 likes at the moment and forecasting Bullish trend of the market.

Summarizing the information presented in the review concerning the Lucid Group, Inc., the expert says the following:

  • Lucid Motors expects to grow production ~100% YoY in 2023.
  • Market sentiment has turned against EV companies lately, including Lucid Motors.
  • I still think that patience will be rewarded for long-term-focused investors.

And here, what comes first:

Lucid Group, Inc. (NASDAQ:LCID), an electric vehicle manufacturer, has projected a 14K vehicle production volume in 2023, representing a 100% YoY increase. The forecast is conservative, but there is room for improvement if supply-chain uncertainty is reduced throughout the year.

The opinion of the author can be considered quite authoritative.
The number of 8083 followers confirms this.
On the Pulse is the contributor of experts community since 2021. Has already 398 analytic reviews published.

The Share Price of Lucid Group, Inc. (LCID) for now

What analysts predict: $11.21
52-week high/low: $28.14 / $6.09

50/200 Day Moving Average: $9.29 / $12.99

The average stock price over the previous 50/200 days. For Lucid Group stocks, the 50-day moving average is the resistance level for now. For LCID stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for LCID stock with charts and tables

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