Lucid Group Inc [LCID] stock prices are down -4.95% to $16.78 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The LCID shares have lost -20.45% over the last week, with a monthly amount drifted -30.35%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lucid Group Inc [NASDAQ: LCID] stock has seen the most recent analyst activity on March 18, 2025, when Morgan Stanley upgraded its rating to a Equal-Weight but kept the price target unchanged to $3 for it. Previously, TD Cowen started tracking the stock with Hold rating on March 07, 2025, and set its price target to $2.30. On February 26, 2025, downgrade downgraded it’s rating to Underperform and revised its price target to $1 on the stock. Redburn Atlantic downgraded its rating to a Sell and decreased its price target to $1.13 on February 24, 2025. The Benchmark Company initiated its recommendation with a Buy and recommended $5 as its price target on February 12, 2025. R. F. Lafferty upgraded its rating to Buy for this stock on November 11, 2024, but kept the price target unchanged to $4. In a note dated August 06, 2024, Cantor Fitzgerald upgraded an Neutral rating on this stock but restated the target price of $4.
The stock price of Lucid Group Inc [LCID] has been fluctuating between $17.36 and $42.85 over the past year. Currently, Wall Street analysts expect the stock to reach $2.55 within the next 12 months. Lucid Group Inc [NASDAQ: LCID] shares were valued at $16.78 at the most recent close of the market. An investor can expect a potential drop of -84.8% based on the average LCID price forecast.
Analyzing the LCID fundamentals
The Lucid Group Inc [NASDAQ:LCID] reported sales of 928.99M for trailing twelve months, representing a surge of 29.34%. Gross Profit Margin for this corporation currently stands at -0.99% with Operating Profit Margin at -3.23%, Pretax Profit Margin comes in at -2.47%, and Net Profit Margin reading is -2.47%. To continue investigating profitability, this company’s Return on Assets is posted at -0.26, Equity is -0.76 and Total Capital is -0.41. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.20 points at the first support level, and at 15.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.92, and for the 2nd resistance point, it is at 19.06.
Ratios To Look Out For
It’s worth pointing out that Lucid Group Inc [NASDAQ:LCID]’s Current Ratio is 2.58. On the other hand, the Quick Ratio is 2.11, and the Cash Ratio is 1.17. Considering the valuation of this stock, the price to sales ratio is 5.84, the price to book ratio is 2.14.
Transactions by insiders
Recent insider trading involved PUBLIC INVESTMENT FUND, Director, that happened on Oct 30 ’24 when 374.72 million shares were purchased. Director, PUBLIC INVESTMENT FUND completed a deal on Oct 31 ’24 to buy 21.47 million shares.
