Lucid Stock Prediction 2025, 2028, 2029, 2030, 2034, 2040, 2050 | Lucid Stock Forecast
Originally known as Atieva, Lucid Motors was founded in 2007 in Newark, California. Initially, the focus was on developing batteries and electric powertrains for other carmakers. By 2013, they had become proficient in this and began considering making their own car. Lucid went public in July 2021. Their such rapid progress caught our attention to explore Lucid stock prediction in upcoming years.
Lucid Motors HQ | Newark, California, |
Employees | 3000 |
Sector | EV Automobiles and Battery manufacturing |
CEO | Peter Rawlinson |
Lucid Motors Models | Lucid Air(Pure, Touring, Grand touring and sapphire), Lucid Gravity /SUV |
Founded in | 2007 |
Market CAP | $5.82 billions |
Competitors | Rivian, Chinese automobile companies, Tesla |
Present Profit Margin numbers | At present Lucid is sitting on losses. |
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Lucid stock price chart?
Lucid Stock History
Year | Value (in USD) | High (in USD) | Low (in USD) | YOY% change in value |
2020 | 10.01 | 10.18 | 9.6 | |
2021 | 38.05 | 64.86 | 10 | 280% |
2022 | 6.83 | 47.59 | 6.18 | -82% |
2023 | 4.21 | 17.81 | 3.62 | -38% |
2024 | 2.6 | 36.4 | 1.87 | -38% |
What will lucid stock be worth in 5 years?
Year | Predicted Value (in USD) | Predicted High (in USD) | Predicted Low (in USD) | YOY% change in predicted value |
2025 | 2.25 | 42 | 0.30 | |
2026 | 7.112 | 52 | 2.48 | 216 |
2027 | 11.974 | 62 | 4.65 | 68% |
2028 | 16.836 | 73 | 6.83 | 41% |
2029 | 21.698 | 83 | 9 | 29% |
2030 | 26.56 | 93 | 11.18 | 22% |
2031 | 31.422 | 104 | 13.36 | 18% |
2032 | 36.284 | 114 | 15.53 | 15% |
2033 | 41.146 | 124 | 17.71 | 13% |
2034 | 46.008 | 134 | 19.88 | 12% |
2035 | 50.87 | 145 | 22 | 11% |
2040 | 75.18 | 196 | 32.9 | 7% |
2050 | 123.8 | 299 | 54.70 | 65% |
Lucid Motors 12-month short-term Stock forecast
MONTH – YEAR | Forecasted Share Prices (in USD) |
---|---|
August – 2024 | $ 4.11 |
September – 2024 | $ 4.20 |
October – 2024 | $ 4.28 |
November – 2024 | $ 4.40 |
December – 2024 | $ 4.46 |
January – 2025 | $ 4.54 |
February – 2025 | $ 4.63 |
March – 2025 | $ 4.71 |
April – 2025 | $ 4.80 |
May – 2025 | $ 4.88 |
June – 2025 | $ 4.97 |
July – 2025 | $ 5.05 |
August – 2025 | $ 5.14 |
September – 2025 | $ 5.22 |
Lucid Motors stock prediction YouTube Video
Lucid Stock Prediction 2024?
Lucid Motors Stock Forecast 2024 –
Our financial prediction model forecasts the lucid stock price to further drop until USD 2.6 per share price by the end of 2024. However, there could be slight chances of lucid share price reaching its all-time high for 2024 to USD 36.4 per Lucid share price and a possible all-time low of USD 1.9 per share price in the year 2024.
Stock | Stock Price |
---|---|
Lucid share price prediction 2024 | $ 2.6 |
Reasons –
Lucid Motors plans to produce only 9,000 electric vehicles in 2024, just a slight increase from the previous year. This slow growth of 5-12% indicates they’re struggling to meet demand for their luxury cars. It’s a sign that they might not be selling enough vehicles to keep up with the market, which could pose challenges for their future success.
Lucid Motors needs cash to expand in Saudi Arabia and open stores in Europe. So, they’ve cut prices on their Air series. This helps make their electric cars more affordable without sacrificing quality. But, it might lower their profits for now.
What will Lucid stock be worth in 2025?
Lucid Motors Stock Forecast 2025 –
Our Finance Analysts after studying the numbers from company financial statements and press releases see a slight improvement in the Lucid stock price in the year 2025 hitting USD 2.25 per share while averaging all time high of USD 41 per share price.
Stock | Stock Price |
---|---|
Lucid share price prediction 2025 | $ 2.25 |
Reasons –
In 2025, Lucid Motors could still have trouble finding enough buyers, meaning there might be too many cars available compared to the number of people wanting them.
Value improvement continues –
1- Lucid Motors is showcasing new electric cars and revealing plans to grow in Europe at the Geneva event.
2- In 2024, Lucid Motors will open four new studios in Germany: Berlin, Frankfurt, Hamburg, and Stuttgart. These locations will offer test drives and access to Lucid’s advanced technology. Also, Lucid plans to expand its assembly plant in Casa Grande, Arizona.
3 – Lucid Gravity to be introduced by the 2025 year-end.
Lucid Motors Stock Prediction 2026 and 2027?
Lucid Motors Stock Forecast 2026 and 2027 –
Stock | Stock Price |
---|---|
Lucid share price prediction 2026 | $ 7.112 |
Lucid share price prediction 2027 | $ 11.974 |
Reasons –
By 2026 and 2027, Lucid Motors is poised to bring several exciting innovations to the electric vehicle market:
Breakthroughs in Battery Technology: Lucid is likely to push the boundaries of battery efficiency, possibly introducing new types of batteries that offer longer driving ranges and faster charging capabilities.
Advancements in Autonomous Driving: The company could make significant strides toward higher levels of autonomous driving, potentially reaching a point where their vehicles can operate with minimal or no human intervention.
Cutting-Edge Electric Motors: Expect Lucid to develop more efficient and powerful electric motors, which could boost vehicle performance while using less energy.
Sustainable Innovations: Lucid may emphasize sustainability by using eco-friendly materials and adopting greener manufacturing processes to reduce their environmental footprint.
Next-Level Connectivity: Lucid’s future vehicles could feature advanced connectivity options, seamlessly integrating with smart home devices and offering enhanced AI-powered infotainment systems.
These innovations reflect Lucid Motors commitment to leading the future of electric vehicles through cutting-edge technology and sustainable practices.
Lucid Motors Stock Prediction 2028?
Lucid Motors Stock Forecast 2028 –
Our financial expert expects Lucid Motors to edge closer to breaking even due to various below-stated reasons. Looking ahead, the stock price is estimated to range from a low of USD 7 to a high of USD 72 per share, with an average of around USD 16.8 per share.
Stock | Stock Price |
---|---|
Lucid share price prediction 2028 | $ 16.836 |
Reasons –
Lucid is set to open its new Advanced Manufacturing Plant (AMP-1) with top-notch stamping facilities this year. Expanding in Arizona is a big step for their growth, promising better efficiency and top-quality electric vehicles. They’re also planning a new model, expected to start at $50,000, but it won’t be available until after 2025.
Lucid Stock Prediction 2029?
Lucid Motors Stock Forecast 2029 –
Our financial model projects the Lucid stock price to touch base USD 21.69 per share price in the year 2029 taking into account the previous 5-6 years’ share price action and financial patterns. The below supporting reasons are highly advocated by our fundamental analysts.
Stock | Stock Price |
---|---|
Lucid share price prediction 2029 | $ 21.698 |
Reasons –
Lucid Motors is aware of the need for electric cars priced below $50,000 while still offering quality and performance. If they can adjust their pricing to around $65,000 for both new and existing models, it could strengthen their position in the market for the years ahead, including 2024, 2025, and beyond.
Lucid Motors plans to cut costs by expanding battery production by 2029. Teaming up with Panasonic has been a success. They’ve also partnered with Aston Martin, Mercedes, and Geely. By 2029, they aim to increase production in Saudi Arabia and China, targeting 150,000 vehicles per year.
Lucid Stock Prediction 2030?
Lucid Motors Stock Forecast 2030 –
FinTechBrains estimates the Lucid share price to make an all-time high of USD 93 per share while the closing price would be USD 26.6 per stock price by the end of the year 2030. Unexpected times could also bring down the share price to USD 11.18.
Stock | Stock Price |
---|---|
Lucid share price prediction 2030 | $ 26.56 |
Reasons –
Lucid is working on a pickup truck set to debut by 2030, possibly providing a more budget-friendly choice. It will join their lineup alongside models like the Air, Gravity, sedan, coupe, and SUV, if all goes well.
Lucid Motors is planning to expand production facilities in Europe, Saudi Arabia, the USA, and China to reduce production costs.
While our financial models provide reasonable stock price predictions, market unpredictability due to events like COVID, recessions, and government policies can cause sudden spikes in share prices. Our framework has considered historical abrupt events, forecasting the possibility of Lucid shares reaching an all-time high spike of USD 1374 per share between 2030 and 2040, taking into account the probability of such events occurring.
Lucid Motors Stock Prediction 2034?
Lucid Motors Stock Forecast 2034 –
Stock | Stock Price |
---|---|
Lucid share price prediction 2034 | $ 46.008 |
Reasons –
After the 2030s, the electric vehicle sales economy is expected to rapidly grow as oil resources become more expensive. This shift will naturally boost Lucid’s sales and stock value, potentially reaching a fair value of USD 46 per share by 2034.
Our financial models make sensible predictions, but market uncertainty from events like COVID and government policies can cause share prices to skyrocket unexpectedly. We’ve factored in past surprises and foresee Lucid shares possibly reaching $1374 each between 2030 and 2040.
Lucid Motors Stock Prediction 2035
Lucid Motors Stock Forecast 2035 –
Stock | Stock Price |
---|---|
Lucid share price prediction 2035 | $ 50.87 |
Reasons –
Quantum Computing Integration: Lucid might incorporate quantum computing technologies into vehicle systems, dramatically enhancing real-time data processing for autonomous driving, route optimization, and energy management.
Vehicle-to-Grid (V2G) Technology: Lucid could develop advanced V2G systems, allowing vehicles to store and supply electricity back to the grid, turning cars into mobile power sources and stabilizing energy networks.
Hyper-Efficient Aerodynamics: By 2035, Lucid might introduce vehicles with groundbreaking aerodynamic designs, significantly reducing drag and improving energy efficiency, potentially inspired by nature or advanced materials science.
Modular Vehicle Architecture: Lucid could create modular electric vehicles with interchangeable parts and components, allowing customers to upgrade or customize their cars over time without purchasing an entirely new vehicle.
Advanced Human-Machine Interfaces (HMI): Expect innovations in HMIs, such as brain-computer interfaces or fully immersive augmented reality displays, allowing drivers and passengers to interact with the vehicle in unprecedented ways.
Autonomous Luxury Experiences: Lucid might offer vehicles with autonomous luxury experiences, where the car not only drives itself but also provides a curated in-car environment, including entertainment, wellness, and workspaces tailored to individual preferences.
Sustainable Energy Ecosystems: Lucid could develop integrated ecosystems where their vehicles, home energy systems, and even entire communities are powered by renewable energy sources, managed through advanced AI for maximum efficiency and minimal environmental impact.
Regenerative Materials: The use of regenerative materials, which can heal themselves or regenerate over time, could become a feature in Lucid’s vehicles, enhancing longevity and reducing the need for repairs.
Zero-Gravity Seating: Lucid might introduce innovative seating designs inspired by zero-gravity environments, providing unparalleled comfort and support for long journeys, akin to those used in space travel.
Biometric Security Systems: By 2035, Lucid could integrate advanced biometric security systems that use facial recognition, heartbeat patterns, or other unique biological identifiers to secure and personalize the vehicle for its owner.
Lucid Stock Prediction 2040?
Lucid Motors Stock Forecast 2040 –
Forecasting values for 2040 involves educated guesses based on our financial models’ data. We anticipate Lucid stock reaching between $75 USD to $80 USD, with a potential all-time high of USD 195 per share by the end of 2040. However, there’s also a chance of it dropping to an all-time low of USD 32 per share.
Stock | Stock Price |
---|---|
Lucid share price prediction 2040 | $ 75.18 |
Reasons –
Road fuel demand is set to peak at 48.6 million barrels per day in 2027. After that, it’s expected to gradually decrease, reaching 35.5 million barrels per day by 2040.
In 2040, about 41 million electric vehicles (including BEVs and PHEVs) are expected to be sold, making up roughly 25% of the global vehicle fleet.By 2040, electric vehicles (EVs) are projected to represent 35% of new vehicle sales, with the percentage expected to increase over time.
While our financial models make sensible predictions, unexpected events like COVID and government policies can cause share prices to spike unexpectedly. Taking past surprises into account, we foresee Lucid shares potentially reaching $1374 each between 2030 and 2040.
Lucid Motors Stock Prediction 2050?
Lucid Motors Share price target 2050 –
Our smart models learn from the previous years trailing data and anticipate the Lucid share price to be around USD 130 per share price while touching its all-time high value of USD 298 per share price.
Stock | Stock Price |
---|---|
Lucid share price prediction 2050 | $ 123.8 |
Reasons –
Govt would come up with policies and subsidies for the companies that encourage people to drive more EVs because of raising Climate change concerns.
Raw materials for electric vehicles (EVs) might become cheaper by 2050, thanks to technological advancements, economies of scale, and shifts in global supply chains.
There are 2 possibilities, according to the Energy Information Administration
Oil prices could soar to around $70 per barrel by the 2040s-2050s due to factors like increased demand and geopolitical tensions.
OR
Theoretically, It’s possible that even after reaching its peak, oil prices could keep dropping due to the increased promotion of electric vehicles in the 2040s. In an extreme scenario, oil could fall to $20 a barrel and stay there.
Our financial models make sensible predictions, but unexpected events like COVID and government policies can cause share prices to spike unexpectedly. Looking at past surprises, we think Lucid shares could reach $1374 each between 2030 and 2040.
Lucid Motors Short-Term Technical Analysis
As of August 2024, it’s evident that the lucid motors’ price actions bounced within the price channel walls to form a Symmetrical triangle Consolidation pattern until July 2024.
The consolidation broke the pattern, on July 24, 2024, by confirming its move with huge volume. By 4th August 2024, the high lucid prices reverted to the triangle pattern ceiling to form a strong base on 5th August 2024 giving a double confirmation. Ever since the Lucid stock has been rising and will be expected to ride this short-term bullish tide till the Lucid share price target touches $5.40.
Lucid Motors Stock Fundamental Analysis for Long-Term Investors
Most of the important attributes of Lucid’s financial statements and financial ratios look to be performing exceptionally low.
The average last 5 year’s operating performance of Lucid is -12 and the debt/equity ratio is 0.4 which clearly states that the company’s operating performance is extremely low performing but with being less leveraged, which doesn’t attract investors.
The average PE ratio of the last 5 years is approximately -3.4 which claims that the investors in the market are not very enthusiastic at present, in paying extra for every 1 dollar Lucid makes in earnings behind 1 share.
An average last 5 years ROE of -70% says. Lucid is struggling to convert its shareholder’s and investors’ money into profits.
The above figures are no doubt the traits of a not so well performing company. The PE, Operating performance, and ROE ratio look extremely deflated telling that Lucid at present in August 2024 doesn’t look like a great bet for long-term investors. Lucid will have to come up with creative ways to improve their sales and margins. But looking just at financial ratios won’t work. So let’s dig further into financial statements.
It’s quite evident that all of Lucid’s financial attributes for the last 5 years are again performing in the negatives as well. While the rise in net inventory and sales revenue indicates, that the company is successfully able to improve revenue year on year by increasing their products in sales but company still struggles with making a positive net profit annually. A clear rejection of free cash flow in negative numbers is no doubt leaving a refusal sentiment about Lucid amongst investors for the time being.
Is Lucid a buy, hold, or sell?
Lucid sold only about 6,000 vehicles and lost 75% of its market value by the end of 2023. Declining sales of its most efficient model disappointed investors, causing the stock price to fall.
For Lucid to become a multi-bagger, they need to start making profits. Consistently achieving margins is challenging for any EV company, but once they figure it out, there’s no stopping them. However, Lucid hasn’t reached the break-even point yet.
Tesla began turning a profit in 2020 after opening a production facility in China.
Why is LUCID stock going up?
When Lucid announced a deal to sell preferred stock to Ayar Third Investment Company, an affiliate of Saudi Arabia’s Public Investment Fund (PIF), their stock rose by 7.9%. Saudi Arabia also pledged to purchase 100,000 EVs from Lucid in the long term to reduce oil demand. Investors were also hopeful about Lucid’s SUV production project, known as Project Gravity.
Is LUCID a good long-term stock?
Yes, investing in Lucid for the long term could pay off if they solve production issues and handle finances well. As EV sales rise in the 2030s, they need to build a strong brand, not just be seen as Tesla’s competitor, to increase sales.
If Lucid continues to excel in advanced technology and makes their cars more affordable, they could achieve even more success.
Is Lucid better than Tesla?
As of 2024, Tesla’s estimated market cap is $453 billion whereas Lucid is fairly new in the game with an estimated market cap of $5.82 billion. Comparing Lucid (fairly a start-up) with a well-established giant like Tesla isn’t fair for the time being.
Tesla is a pioneer and the torchbearer in the EV sector with being able to make full-year margins post 2020 only ever since its inception in 2003. Lucid is new in this field backed by a strong Public Investment Fund from Saudi Arabia but still isn’t profitable. Though Lucid had ambitious goals of competing with Tesla in the beginning, the challenges in the EV sector have compelled Lucid to aim at realistic goals rather than go head-on with Tesla now.
From the Company’s margin standpoint, Tesla is a profitable one and is turning no stone unturned with their Research and technology while Lucid’s cars like Air Lucid are better from a technology standpoint when compared to Tesla cars and can cover a longer range in one single charge.
Why is lucid stock going down?
In 2023, Lucid had an operating loss of $3.1 billion on $595.3 million in sales. Although they ended the year with about $4.8 billion in cash, they might still need to raise more capital to keep going.
The company aimed to sell 49,000 cars but only sold 6,001, falling short by 90%.
Similarly, Lucid expected $5.3 billion in annual revenues but only reached $595.3 million, missing the target by 90%.
Recently, Lucid reported a drop in reservations for the Air sedan compared to the previous quarter. This decrease wasn’t solely because they delivered customer cars; some people canceled their orders.
Can Lucid Motors Stock survive and recover ?
The production and financial numbers from Lucid have disappointed investors. Lucid’s pushy goals initially created a wide array of hopes and expectations amongst investors but their final numbers in 2022 and 2023 dejected investors. That’s when Lucid realized how important it is to have realistic numbers as goals. Ever since Lucid has been producing and progressing in sales while compared with the Wall Street forecast on Lucid.
Lucid understood in the last 2 years that it’s not just the money you have that would make manufacture more cars but it’s a process like raw material availability, efficient manufacturing units, distribution, money, and smart planning that will lead to a profitable business.
Tesla was first profitable in 2020 after it established its manufacturing unit in China, so one can extrapolate how difficult it is to extract margin in the EV business. Lucid has been climbing the ladder one step at a time now and if it manages to at least breakeven first while establishing (which Lucid is already working on) manufacturing units in countries with cheap labor would survive this company in the longer run because, at the time being behind every sale of a car, the company is burning a substantial amount of dollars.
Though Elon Musk openly says that Lucid will go bankrupt in no time.
Rivian or Lucid stock?
The EV sector is getting way too competitive now. Especially when Chinese companies have begun manufacturing low-budget EVs and some bigshot companies like Benz and BMW are also stepping into the game it usually makes competition difficult.
Rivian is also backed by Amazon and Cox Automotive while Lucid has the largest public investment fund from Audi Arabia. As of now, both companies are at their sensitive positions, Rivian’s stock dropped when Ford cut EV prices by USD 6000, leading Rivian to reduce its workforce. Lucid’s stock fell due to its failure to meet production promises and ongoing financial losses.
In the long run, though both companies aim at introducing affordable EVs, their ability to manage cost and make profits while bringing the EVs into the affordable bracket accessible to the common man can decide their thriving factor in the EV sector.
Conclusion
Lucid Motors is no doubt a cutting-edge tech company making luxury EVs. With strong investor support, it can survive, but it needs to improve its finances and manufacturing efficiency to avoid bankruptcy.
For now, if Lucid wants to make their cars more affordable, they may need to remove some luxury features to lower prices. However, their moat has always been about making luxury EVs accessible, which has proven challenging.
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