- Lucid Group's (LCID, Financial) shares soared 8.8% after announcing exciting upgrades to their Lucid Air model.
- Wall Street analysts set a one-year price target range, reflecting varying market perspectives.
- GuruFocus estimates suggest potential significant upside for the stock based on GF Value.
Shares of Lucid Group (NASDAQ: LCID) experienced a notable rise, climbing 8.8%, following the announcement of impressive upgrades to the Lucid Air model. The 2026 series promises extended EPA-estimated ranges, with the Air Touring now capable of reaching an impressive 431 miles. Furthermore, Lucid Air models are set to benefit from access to the Tesla Supercharger network, significantly broadening charging options and boosting convenience for its owners.
Wall Street Analysts Forecast
Thirteen analysts have provided their one-year price targets for Lucid Group Inc (LCID, Financial), with an average target price of $2.68, encapsulating a high estimate of $7.00 and a low of $1.00. This average target indicates a potential downside of 13.37% from the current trading price of $3.09. For a deeper dive into these projections, visit the Lucid Group Inc (LCID) Forecast page.
Analyst Recommendations
Amongst 16 brokerage firms, the consensus recommendation for Lucid Group Inc (LCID, Financial) rests at 3.2, aligning with a "Hold" status. This recommendation falls on a scale from 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell. This consensus provides investors with a balanced view of the stock's current valuation and future potential.
GuruFocus Insights
According to GuruFocus estimates, Lucid Group Inc (LCID, Financial) holds a promising estimated GF Value of $9.00 for the next year. This suggests a potential upside of 191.26% from its current price of $3.09. The GF Value represents GuruFocus' determination of the fair trading value of the stock, derived from historical trading multiples, past business growth, and future performance projections. For further detailed insights, visit the Lucid Group Inc (LCID) Summary page.
