Lucid Group (NASDAQ: LCID) just received a fresh price target from analysts at investment banking and financial advisory firm Benchmark. On February 12, the firm initiated coverage on the luxury EV maker, giving it a “buy” rating and setting a $5.00 price target. If that prediction holds, Lucid stock could see an 85.87% increase from its current price.Cantor Fitzgerald is the only other firm to issue a price target in 2025, maintaining a neutral rating and a $3.00 target in a research note on January 7. Wi ...

Lucid Group (LCID -2.08%) looks expensive on multiple metrics. Shares trade at 9.1 times sales, despite the company never reaching profitability. Last quarter, its gross profit margins was deeply in the red. But don't let these numbers fool you. Shares are cheaper than they seem for one reason.Lucid Group is about to double in sizeTake a look at the chart. It's clear that from a size standpoint, Lucid has more room to grow than other EV stocks like Rivian Automotive and Tesla. And yet its valuation, at leas ...

Electric vehicle (EV) sales struggled in 2024, but not in the way you'd think. Tesla, for instance, experienced a 1% annual sales decline in 2024, its first in over a decade. This growth rate fell below the company's expectations. In fact, industry growth as a whole fell below analyst expectations. But don't let these poor figures fool you. In 2024, EV sales in the U.S. still grew by 7.3%, with 1.3 million EVs sold -- a new record. And globally, around 20% of all vehicles sales were EVs last year. According ...

NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Lucid Diagnostics Inc. (Nasdaq: LUCD) ("Lucid" or the "Company"), a commercial-stage, cancer prevention medical diagnostics company and subsidiary of PAVmed Inc. (Nasdaq: PAVM), today announced its participation in the 12th Annual BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference being held February 11-12 at the Cliff Lodge in Snowbird, UT.Shaun O'Neil, Lucid's President and Chief Operating Officer, will host one-on-one meetings throughout the co ...

Lucid Group (LCID 4.64%) is entering one of the most exciting years in its history. Following the recent launch of its Gravity SUV platform, analysts expect the company to more than double its sales this year. That's a big reason why shares are priced at a lofty 11 times sales.If you're betting on this growth stock, make sure you also pay attention to the metric I talk about below. Long term, it could prove just as important as sales growth. Lucid needs this number to improveCreating and scaling an electric ...

Although electric vehicle (EV) manufacturer Lucid (NASDAQ: LCID) has faced its share of troubles in the past year, the equity could be a compelling case for 2025, given its underlying fundamentals and growth prospects.As a recap, LCID has consistently traded below the $5 resistance level in the past year, dropping by over 13% during this period. At the close of the last trading session, Lucid share price was $2.80, up about 1.4% in 24 hours.LCID one-week stock price chart. Source: FinboldLucid stock buying ...

Many electric car stocks had a difficult 2024. Industrywide growth fell below initial expectations, with some EV stocks falling in value by 50% or more. But the long-term growth trajectory of EV demand remains intact.So if you have $1,000 with you that you won't require for essential spending, and additionally looking to add high-growth stocks to your investment portfolio, now could be your chance. One of the three EV manufacturers below should be a fit for you.Go for growth with Lucid MotorsWhen it comes t ...

Lucid Motors (NASDAQ: LCID) has freshly announced the appointment of Taoufiq Boussaid as its new Chief Financial Officer (CFO), with his tenure set to begin on February 25, 2025. Boussaid brings extensive expertise in financial strategy, operational efficiency, and corporate growth, positioning him as a key addition to Lucid’s leadership team as the company navigates its next phase of expansion.Peter Rawlinson, CEO and CTO of Lucid, emphasized the significance of this appointment in the company’s broader st ...

NEWARK, Calif., Jan. 28, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the appointment of Taoufiq Boussaid as Chief Financial Officer, planned to become effective February 25, 2025. Interim CFO Gagan Dhingra will be promoted to Senior Vice President, Finance and Accounting and also continue as Chief Accounting Officer, reporting to Boussaid once he assumes the CFO role. Taoufiq Boussaid "Taoufiq is joining Lucid at a pivotal ...

Lucid Motors (NASDAQ: LCID) stock hasn’t experienced a truly positive streak since early 2023, and even that upswing barely lasted a month. Indeed, LCID shares are nearly 90% down since the electric vehicle (EV) maker’s initial public offering (IPO) following a string of missed forecasts and lukewarm recovery efforts.LCID stock all-time price chart. Source: FinboldFebruary 2025, however, might bring a change for the embattled company as the latest Wall Street analyst consensus demonstrates significant optim ...