In this article, we will be discussing one of the hot entries last year into the EV market which is Lucid Motors. We will first look at the Lucid stock fundamentals and then follow by prediction into years between 2022 till 2050.
The predictions are solely based on personal analysis of the market and stock. You should always do your own research before investing however the aim of this article is to give you all the right information so you can make an informed decision. So without further ado, let’s start with the analysis and prediction of Lucid.
What is Lucid Motors?
Lucid Motors is a luxury electric vehicle (EV) company founded in 2007. The company is headquartered in Newark, California, and is known for its high-performance EVs, including the Lucid Air, a luxury sedan with a range of over 500 miles on a single charge.
In addition to producing electric vehicles, Lucid Motors also develops advanced technology for use in EVs, such as electric powertrains and autonomous driving systems. The company has received significant investment from Saudi Arabia’s sovereign wealth fund, and it plans to begin production of its vehicles at a factory in Arizona in the near future.
The company was acquired by the publicly traded electric vehicle manufacturer, Electrameccanica Vehicles Corp (EV), in a reverse merger in April 2021. As a result of the merger, Lucid Motors became a publicly traded company and its shares began trading on the NASDAQ stock exchange under the ticker symbol “LCID.”
Lucid Motors is known for developing advanced technology for use in electric vehicles (EVs), including electric powertrains and autonomous driving systems.
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Before diving deep into the future prediction it’s worth looking at the company’s fundamentals. Please note that as Lucid Motors is still a new and growing company you can expect it to not make any concrete profit on the balance sheet but that should not be taken as a key indicator to analyze companies future performance.
52 Week Range
$6.18 – $47.59
P/S ( Price – To -Sales
Data for company fundamentals in the above table is referenced from FinViz as of 12/26/2022. For the latest and up-to-date data please refer here.
Lucid Motors Stock Price Analysis In 2022
Lucid like all other EV players and the vehicle industry in general has not performed well due to semiconductor chip shortage and supply chain disruption. However, all the big car makers now adding EVs to their fleet is a clear indication of where the market is heading in long term. Lucid and other players like Rivian will have an edge in this since they are a group of companies.
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Lucid motors price prediction 2022
$20 – $40
According to various analysts and our research team’s analysis, the price of Lucid will be range bound between $20 to $40 for 2022. The bull case prediction is about $40 and the bear case prediction is about $20.
Lucid has not had a very good year in 2022 as they have been plagued by the supply chain issues like many other EV and other vehicle players that are impacted heavily by the supply chain. This is also coupled with the long-running chip shortage that has impacted the overall vehicle industry but it has impacted EV players more as EV cars depend more on chips. Having said that in a long run EVs have a bright future ahead.
Lucid Stock Forecast 2023
$25 – $50.54
According to several analysts, the prediction for 2023 is between $25 and $50.54. In a bull case scenario, the price is expected to be $50.54 on the higher side and in a bearish scenario, it is expected to be $25.
Lucid Stock Price Prediction 2025
$56.74 – $90
According to industry experts and Lucid financial reports, the prediction for 2025 is between $56.74 and $90. In a bull case scenario, the price is expected to be $90 on the higher side and in a bearish scenario, it is expected to be $56.74.
The year 2025 will be the year for Electric vehicles and all EV sales are expected to massively jump on a year-over-year basis. Lucid will benefit from its brand value built over the next few years.
The company’s flagship vehicle, the Lucid Air, is a high-performance EV with a range of over 500 miles on a single charge and a top speed of over 200 mph.
Lucid Stock Forecast 2030
$190 – $240
According to several analysts, the prediction for 2030 is between $190 and $240. In a bull case scenario, the price is expected to be $240 on the higher side and in a bearish scenario, it is expected to be $190.
The company has stated that it plans to ramp up production of its luxury EVs, including the Lucid Air, at its factory in Casa Grande, Arizona. In addition, the company has announced that it is developing a new electric SUV, the Lucid Gravity, which is expected to be released in the near future. It is very likely that Lucid Motors may have additional plans or projects in the works, but this information has not been publicly disclosed.
Lucid Stock Forecast 2040
$410.56 – $550
According to several industry experts and our analysis of the company’s future plans, the prediction for 2040 is between $410 and $550. In a bull case scenario, the price is expected to be $550 on the higher side and in a bearish scenario, it is expected to be $410.
Based on recent reports, the company has signed a memorandum of understanding with the Shanghai Lingang Group to explore the possibility of building a factory in Shanghai, China, to produce EVs for the Chinese market. This will significantly ramp up production and Lucid may be planning to enter other markets as well. This will be a huge push to the stock price in the coming decade.
Lucid Stock Forecast 2050
The two major bottlenecks that have been holding EV players like Rivian and Lucid to expand their production lines are semiconductor chip shortages and supply chain issues. But other than that they have a great lineup of SUVs and a plan to launch sedans in the next decade which are ground up and based on their decade-long research on EV technology.
Considering these short-term issues are resolved Lucid stock has the potential to reach $800 and beyond by the year 2050.
Forecasts for Lucid stock prices in 2022, 2025, 2030, 2040, and 2050
Based on various expert analysis and our own research on Lucid stock above is a summary of forecasts for Lucid stock prices in 2022, 2025, 2030,2040, and 2050.
Disclaimer: This is a prediction based on a consolidated analysis of different experts however it accounts for many factors that depend on future microeconomic environments and that could change over the next few years. Always do your own research before buying into any investments.
Frequently Asked Questions
This is a list of frequently asked questions that people have asked about Lucid Stock.
What will Lucid stock be worth in 2023?
Lucid stock is expected to be worth about $37.50 on average. On the higher side, it could go up to $50 and on the lower side, it might touch about $25.
What will Lucid stock (LCID) be worth in 5 years?
Based on industry experts and analysis Lucid is expected to be worth around $120 in the next 5 years. This may depend however on the macroeconomic environment and how the supply chain issues play out in near future.
What will lucid stock be worth in 10 years?
In the long term EV sector has a lot of growth potential and Lucid is expected to lead the luxury car segment. It is expected to cross the $250 mark in the next 10 years.
Will Lucid stock beat Tesla?
Tesla is the industry leader in the EV market space and is expected to be the one in near future. However, a lot of former Tesla employees have started Lucid and they have built the platform ground up from all their learnings from Tesla.
Lucid may not beat Tesla in all the segments but it has great potential in the luxury car segment to beat Tesla models. Lucid Air has a range of over 500 miles on a single charge and a top speed of over 200 mph which is by far the best on any Electric car and beats all models of Tesla. The Lucid Air features a number of advanced technologies, including a fully autonomous driving mode and a large touchscreen display that allows the driver to control various vehicle functions
Is Lucid Buy Sell or Hold?
Lucid bas an overall rating of Hold at the current moment based on the average rating given by at least 8 industry experts. A more detailed analysis can be referred to here.
Lucid Motors has received significant investment from the Public Investment Fund of Saudi Arabia, which could provide the company with the resources it needs to scale its operations and develop new products.
Does Lucid Motors Have A Long-Term Potential Stock?
Lucid Motors has a lot of potentials and it is not hard to see why. The company has some of the best electric vehicle engineering in the world. They are also backed by some of the most successful investors in Silicon Valley, including Peter Thiel and Elon Musk.
Lucid Motors offers a more affordable electric vehicle than Tesla with a range that can compete with Tesla’s Model 3. Lucid Motors also offers luxury features like power seats, panoramic sunroofs, and an upgraded infotainment system.
The company has all the right ingredients to make its product successful, including great engineers and influential investors. With a starting price tag of $60,000 and $100,000 for the top-tier vehicle, it’s also one of the cheapest electric cars on the market.
There are a number of reasons why we believe that Lucid Motors is a great company and has great potential to become a leader in the EV space. It includes advanced technology, High-performance EVs, Strong financial backing, and an Experienced leadership team.
And because of all these reasons, there is very likely potential for Lucid stock to explode in the next few years. Having said that It is always a good idea to do your own research and consider all relevant information before making any investment decisions.
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