Lucid Motors Stock Price Prediction for 2023, 2025, 2030. Lucid Motors is an electric vehicle company that specializes in the design and manufacturing of luxury electric vehicles. They are known for their focus on high-end performance, cutting-edge technology, and advanced safety features.
About Lucid Stock
Lucid Motors was Founded in | 2007 |
Headquarters of Lucid | Newark, California, USA |
What was Lucid Motors IPO price? | $12.75 |
Ticker Symbol Of Lucid | LCID: Lucid Group Inc |
CEO of Lucid | Mr. Peter Rawlinson |
Official Website | Lucid |
Twitter Profile | LUCID Twitter profile |
Lucid Motors IPO | July 26, 2021 |
Lucid Motors Stock Price Prediction 2023
For lucid stock investors, 2022 will not be a good year. From its peak, Lucid Motors’ stock is nearly down 83% in 2022. 2023 is a challenging year for Lucid Stock. . Market conditions are now not favorable, and Lucid Motors is having some production issues.
Lucid Motor’s stock price prediction is expected to be between 12.35 USD and 15.20 USD in 2023, taking into account the demand for and popularity of their new products.
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2023 Is BIG for Lucid?
Lucid Motors Stock Price Prediction 2025
It’s difficult to predict the exact stock price of Lucid in 2025, as stock prices are often influenced by a range of factors such as market conditions, economic trends, company performance, and more. However, it’s likely that Lucid’s stock price will continue to be influenced by the company’s performance and growth. To get a better idea of Lucid’s potential stock price in 2025, it’s helpful to look at its current financial data and research their growth trajectory
The Casa Grande, Arizona, AMP-1 vehicle production plant of Lucid can produce 34,000 Lucid Air vehicles yearly. The Phase 2 extension will increase installed capacity to 90,000 Air & Gravity vehicles once it is finished.
AMP-1 Phase 2 will have an additional 2.85 million square feet by the beginning of 2023 and be able to accommodate 90,000 units yearly.
They are increasing their manufacturing capacity and preparing for the future in order to produce the greatest number of electric vehicles conceivable.
The ability of Lucid to build up its capacity by 2025 will be crucial to the company’s future. The average revenue forecasts in the consensus estimations point to $5.77B by the end of FY24.
Therefore, based on their projected growth, Lucid Motor’s stock price for 2025 is expected to range between 33.20 and 36.45 USD.
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Lucid Motors Stock Price Prediction 2030
Lucid expects to earn $22.8 billion in sales in 2026 by delivering about 251,000 vehicles, including 42,000 sedans, 134,000 SUVs, and 75,000 new models. It expects its yearly exports to roughly triple to 500,000 by 2030.
As a result, it is predicted that Lucid Motors’ stock price will fluctuate between 95 and 105 dollars in 2030.
Reference from savetoinvesting
Lucid Stock FAQ
What is Lucid Motor’s 52-week high?
The 52-week high of Lucid Motors’ stock price was $47.59.
What is Lucid Motor’s 52-week Low?
According to yahoo finance, The 52-week low of Lucid Motors’ stock price was $6.18.
Lucid Motors Stock Price Prediction 2023,2025,2030 | Lucid Stock Forecast 2023,2025,2030
Year | Lucid Stock Forecast |
2023 | Lucid Stock Forecast 2023 – $12.35 to $15.20 |
2025 | Lucid Stock Forecast 2025 – $33.20 to $36.45 |
2030 | Lucid Stock Forecast 2030 – $95 to $105 |
Disclaimer
We are not providing any stock forecasts or recommendations. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. We make no representations or warranties that any stock forecasts or recommendations will be profitable or will not result in losses. Before making any investment decision, you should seek advice from a qualified and registered securities professional and undertake your own due diligence.