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Lucid Group Inc has a consensus price target of $5.04 based on the ratings of 15 analysts. The high is $12 issued by RF Lafferty on February 23, 2023. The low is $2 issued by RBC Capital on November 19, 2024. The 3 most-recent analyst ratings were released by RBC Capital, RF Lafferty, and Cantor Fitzgerald on November 19, 2024, November 11, 2024, and October 8, 2024, respectively. With an average price target of $3.33 between RBC Capital, RF Lafferty, and Cantor Fitzgerald, there's an implied 33.32% upside for Lucid Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Lucid Gr (NASDAQ:LCID) was reported by RBC Capital on November 19, 2024. The analyst firm set a price target for $2.00 expecting LCID to fall to within 12 months (a possible -20.01% downside). 30 analyst firms have reported ratings in the last year.
The latest analyst rating for Lucid Gr (NASDAQ:LCID) was provided by RBC Capital, and Lucid Gr maintained their sector perform rating.
The last upgrade for Lucid Group Inc happened on November 11, 2024 when RF Lafferty raised their price target to $4. RF Lafferty previously had a hold for Lucid Group Inc.
The last downgrade for Lucid Group Inc happened on February 22, 2024 when Cantor Fitzgerald changed their price target from $6 to $4 for Lucid Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lucid Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lucid Gr was filed on November 19, 2024 so you should expect the next rating to be made available sometime around November 19, 2025.
While ratings are subjective and will change, the latest Lucid Gr (LCID) rating was a maintained with a price target of $3.00 to $2.00. The current price Lucid Gr (LCID) is trading at is $2.50, which is out of the analyst’s predicted range.
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